Corporate
-
Family Bank shareholders to earn Ksh.0.62 dividend as 2022 FY results grow to Ksh.3.7bn
Family Bank Group has recorded a Ksh.3.7 billion Profit Before Tax for the full year ended December 31, 2022, a…
Read More » -
KQ loss more than double to Ksh.38.2 billion
Kenya Airways (KQ) profit loss more than doubled when it posted Ksh.38.26 billion in full-year results for 2022. The loss…
Read More » -
Ruto’s push to privatise parastatals linked to IMF conditions; Here’s how
Privatization of State Owned Enterprises (SOEs) has often been recommended by multilateral lenders such as the International Monetary Fund (IMF)…
Read More » -
National Bank posts Ksh.828 million net profit for FY 2022
National Bank of Kenya has posted a profit after tax of Ksh.828 million for the financial year ending December 31,…
Read More » -
National Bank launches product to empower women in business
The National Bank of Kenya (NBK) has launched a new product in the market aimed at empowering women entrepreneurs in…
Read More » -
Moody’s reaffirms ATI A3 rating with a positive outlook
Moody’s Investors Service (“Moody’s”) has affirmed the A3 insurance financial strength rating (IFSR) of the African Trade Insurance Agency (ATI)…
Read More » -
General Motors cuts salaried staff after sluggish revenue results
General Motors (GM) is looking to save $2,000,000,000 in revenues, following its lackluster revenue performance in the latest results. In…
Read More » -
EFG Hermes Kenya launches digital end-to-end registration of new trading accounts
EFG Hermes Kenya, the leading brokerage firm in Kenya, has launched an all-new digital onboarding process for its online trading…
Read More » -
Superior Homes, NCTTCA enter into deal for roadside stations for truck drivers
Superior Homes Kenya has entered into a partnership with the Northern Corridor Transit and Transport Coordination Authority (NCTTCA) to enhance…
Read More » -
KCB Group sets up special team to collect Ksh.120 billion in bad loans
KCB Group chief executive Paul Russo has initiated a restructuring of the business to accelerate bad loans recovery and improve…
Read More »
