Latest business stories from across Kenya.
Kenya Airways Group Managing Director & CEO, Allan Kilavuka, has been awarded the 2024 African Aviation Leadership Award. The awards was established by African Aviation Magazine in 1999 and it recognizes individuals, companies, and…
Sidian Bank has been awarded at theThink Business Bank Awards 2024, where it was recognized for its Best Bank in Trade Finance – 1st Runner Up and The Bank with Lowest Tariff – 1st Runner Up. “The awards showcase Sidian Bank’s dedication…
Menzies Aviation and Siginon Aviation, strategic partners that provide cargo handling services in Kenya, have been awarded the International Air Transport Association (IATA) CEIV Pharma accreditation for its recently expanded facility in…
Absa Bank Kenya has joined the rest of the country’s biggest banks in reporting bumper first-quarter profits on the back of a rise in CBK lending rates that allowed them to charge more for loans and mortgages. For the three months to this…
Family Bank Group has posted a Ksh1.3 billion profit before tax for the period ended 31st March 2024, representing a 24.3% growth from a similar period last year.
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What’s made Amazon shoppers fall in love with Tozos? Superior audio quality, of course, courtesy of 6-millimeter speaker drivers that produce powerful, crystal-clear sound and heart-thumping bass. Trust us, these earbuds sound way better…
Absa Bank has reported a profit after tax of Kshs.5.9 billion for the period ended 31 March 2024. This is a 34% growth as compared to Ksh. 4.5 billion posted for a similar period last year. The rise in profitability was due to the bank’s…
National Bank of Kenya (NBK) has posted a pre-tax profit of Ksh535 million in its 2004 first quarter financial results, representing a 217% increase compared to Ksh169 million reported in a similar period last year.
CitiBank NA has been named as the best bank in Kenya at the Think Business Banking Awards 2024.
What’s made Amazon shoppers fall in love with Tozos? Superior audio quality, of course, courtesy of 6-millimeter speaker drivers that produce powerful, crystal-clear sound and heart-thumping bass. Trust us, these earbuds sound way better…
What’s made Amazon shoppers fall in love with Tozos? Superior audio quality, of course, courtesy of 6-millimeter speaker drivers that produce powerful, crystal-clear sound and heart-thumping bass. Trust us, these earbuds sound way better…
What’s made Amazon shoppers fall in love with Tozos? Superior audio quality, of course, courtesy of 6-millimeter speaker drivers that produce powerful, crystal-clear sound and heart-thumping bass. Trust us, these earbuds sound way better…
What’s made Amazon shoppers fall in love with Tozos? Superior audio quality, of course, courtesy of 6-millimeter speaker drivers that produce powerful, crystal-clear sound and heart-thumping bass. Trust us, these earbuds sound way better…
What’s made Amazon shoppers fall in love with Tozos? Superior audio quality, of course, courtesy of 6-millimeter speaker drivers that produce powerful, crystal-clear sound and heart-thumping bass. Trust us, these earbuds sound way better…
NCBA Bank Kenya, one of the country’s largest lenders, kicked off earnings season with a 5% rise after posting Ksh5.3 billion profit after tax in the 1Q of 2024. In the first three months to this March, most metrics of its businesses were…
I&M Group PLC has announced that its profit before tax for Q1 of 2024 has increased by 35% to Ksh. 3.6 billion up from Ksh. 2.7 billion in the same period in 2023. The bank reported strong operating revenues across all its markets, with…
KCB Group has recorded a 69% growth in net profit to KShs. 16.5 billion in Q1 2024 up from KShs. 9.8 billion. The rise in profitability was on the back of a 31.6% rise in Total revenues to KShs.48.5 billion driven by both funded and…
NCBA has reported a Ksh. 5.3 billion net profit for the first quarter of 2024 which a 5% increase as compared to 5.1 billion reported for the same period last year. The rise in profitability was on the back of 2.8 per cent rise in the…
Microsoft has announced that it will in partnership with G42 and other stakeholders invest $1 billion in the Kenyan Digital Economy. One of the Kenyan investment priorities is a state-of-the-art green data center that will be built by G42…
Jambojet the lowcost carrier has announced that flights on its new Mombasa-Zanzibar route will commences on July 1st, 2024. The route is set to redefine travel between the two coastal destinations by offering direct flights with fares…
What’s made Amazon shoppers fall in love with Tozos? Superior audio quality, of course, courtesy of 6-millimeter speaker drivers that produce powerful, crystal-clear sound and heart-thumping bass. Trust us, these earbuds sound way better…
Kingdom Bank has announced the opening of its 21st branch in Kitale Town, Trans Nzoia County. This marks a significant milestone in the Bank’s mission to enhance financial inclusion. Located at the GH Tanna Building along Kenyatta Street,…
The Board of Directors of Lake Turkana Wind Power (LTWP) have announced the appointment of Max Schiff as Chief Executive Officer, LTWP, effective 1st April 2024. Mr. Schiff takes over management responsibility for Kenya, and Africa’s,…
