Corporate
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CBK Approves LemFi Operations in Kenyan Market
RightCard Payment Services Limited, operating under the brand name LemFi, has entered into Kenyan to enable Kenyans to send cash…
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How Major Banks in Kenya Performed in 2023 Full-Year Results
Last week, I&M Group, DTB Group, Equity Group, and NCBA Group reported their FY 2023 results, closing the FY 2023…
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National Treasury Receives Ksh.5 Billion from Kenya Pipeline in Dividends
The Kenya Pipeline Company (KPC) has declared an interim dividend payment of Ksh. 5 billion to the National Treasury for…
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Equity Group Sees its Net Profit Down 5% to Ksh.43.7 Billion
Equity Group Holdings (EGH) experienced a decline in after-tax profit to Ksh.43.7 billion. This represents a 5% drop, making it…
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NCBA After Tax profit up 56% to Ksh.21.5 billion
NCBA Group has posted an after-tax profit of Ksh.21.5 billion in its Full Year 2023 results, representing a 56% uptick…
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Family Bank After Tax Profit up 13% to Ksh.2.5 Billion
Family Bank Group has posted a record Ksh.2.5 billion After Tax profit for the full year ended December 31, 2023.…
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KPC Feted for 4th Year in a Row at DIAR Awards
Kenya Pipeline Company (KPC) has been feted as the best state corporation on Diversity, Inlcusion & Sustainability for the fourth…
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ATIDI Backs $7.7 million Hydro Project in Burundi
The pan-African trade insurance agency, The African Trade Investment and Development Insurance (ATIDI), has supported Songa Energy’s USD 7.7 million…
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BasiGo Secures Ksh.390 Million for Electric Buses Production in Kenya, Rwanda
BasiGo has secured $3 million (Ksh390 million) worth of equity funding for electric busses production in Kenya and Rwanda. The…
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Co-op Bank Shareholders to Pocket Ksh.1.5 per Share Amounting to Ksh.8.8 Billion
Co-operative Bank’s growth in earnings has led to a sustained increase in shareholder value as reflected in the competitive Return…
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