I&M Bank Records Ksh2.7 Billion Profit
2 days ago By Irene Kinja KEI&M Bank Group has recorded a 24% growth in profit before tax for Quarter Three (Q3) of 2024
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Fuel prices remain unchanged in EPRA's latest review for November
The prices of super petrol, diesel, and kerosene have remained unchanged from last month, according to the latest review by the Energy and Petroleum Regulatory Authority (EPRA) announced on Thursday.
The prices of super petrol, diesel, and kerosene have remained unchanged from last month, according to the latest review by the Energy and Petroleum Regulatory Authority (EPRA) announced on Thursday.
Tile And Carpet Centre Announces Redundancies Starting December
The restructuring, which will begin on December 6, 2024.
The restructuring, which will begin on December 6, 2024.
Equity Group Reports 11% Rise In Profit To Ksh.51B For Q3 2024
Kenya's Equity Group Holdings (EQTY.NR) recorded a pretax profit of Ksh.51 billion ($397 million) for the first nine months of 2024, up from Ksh.45.9 billion in the same period the previous year.
Kenya's Equity Group Holdings (EQTY.NR) recorded a pretax profit of Ksh.51 billion ($397 million) for the first nine months of 2024, up from Ksh.45.9 billion in the same period the previous year.
Bitcoin Hits $80,000 For The First Time
Bitcoin soared to a new record high on Sunday, as traders bet that Donald Trump's return to the White House will be good for the cryptocurrency.
Bitcoin soared to a new record high on Sunday, as traders bet that Donald Trump's return to the White House will be good for the cryptocurrency.
NCBA Bank Expands Its Reach With New Branches In Kitui And Nyahururu
NCBA Bank has officially opened a new branch in Kitui County, situated in the Chief Kitonga Building in Kitui town
NCBA Bank has officially opened a new branch in Kitui County, situated in the Chief Kitonga Building in Kitui town
Carrefour Launches 25th Outlet At Runda Mall In Nairobi
The outlet offers self-checkout services, making it the fifth Carrefour outlet in Kenya to introduce this feature.
The outlet offers self-checkout services, making it the fifth Carrefour outlet in Kenya to introduce this feature.
Radisson Appoints Sandra Kneubuhler Africa Operations MD
Kneubuhler, who joined Radisson in 2019, previously served as Country Director of Sales and District Director for South Africa.
Kneubuhler, who joined Radisson in 2019, previously served as Country Director of Sales and District Director for South Africa.
Liberty Appoints Rosalyn Mugoh As Managing Director
Mugoh holds an MBA in Strategic Management from the University of Nairobi and a Bachelor of Business Administration in Marketing from Africa Nazarene University.
Mugoh holds an MBA in Strategic Management from the University of Nairobi and a Bachelor of Business Administration in Marketing from Africa Nazarene University.
Safaricom's M-Pesa Revenues Rise To Sh77.22bn
The company reported a 25.6% rise in chargeable transactions per active customer within a month, reaching 37.37 transactions. Over the same period, the total transaction value on M-Pesa increased by 10.7%, amounting to Sh20.85 trillion.
The company reported a 25.6% rise in chargeable transactions per active customer within a month, reaching 37.37 transactions. Over the same period, the total transaction value on M-Pesa increased by 10.7%, amounting to Sh20.85 trillion.
Government To Introduce Business Law Bill To Enhance Investment
The Business Laws (Amendment) Bill, 2024 aims to improve compliance with Kenyan standards, eliminate substandard goods, and promote sustainable business practices.
The Business Laws (Amendment) Bill, 2024 aims to improve compliance with Kenyan standards, eliminate substandard goods, and promote sustainable business practices.
Ruto Signs Sugar Development Bill Into Law To Fund Research
The Sugar Bill 2022 will enable the re-establishment of the Kenya Sugar Board, the creation of the Kenya Sugar Research and Training Institute, and the implementation of the Sugar Development Levy.
The Sugar Bill 2022 will enable the re-establishment of the Kenya Sugar Board, the creation of the Kenya Sugar Research and Training Institute, and the implementation of the Sugar Development Levy.
Safaricom Dismisses Sharing Data Without Court Orders
Safaricom clarified that Call Data Records (CDRs) are not used for live location tracking but are generated post-call for billing purposes.
Safaricom clarified that Call Data Records (CDRs) are not used for live location tracking but are generated post-call for billing purposes.
Java House Targets To Reach 100 Branches By March 2025
Java has expanded its footprint as part of its 25th-anniversary celebrations, with new branches in Voi, Lang’ata, Loresho, Kenol, and Kisumu in Kenya and Muyenga and Najjera in Kampala, Uganda.
Java has expanded its footprint as part of its 25th-anniversary celebrations, with new branches in Voi, Lang’ata, Loresho, Kenol, and Kisumu in Kenya and Muyenga and Najjera in Kampala, Uganda.
DTB Appoints Murali Natarajan As Chief Executive Officer
The veteran Indian banker’s appointment follows regulatory approvals and is part of DTB’s strategic reorganization to drive regional growth, the bank announced.
The veteran Indian banker’s appointment follows regulatory approvals and is part of DTB’s strategic reorganization to drive regional growth, the bank announced.
Airtel Africa Records A 726.3% Profit Increase To Kes10.2 Billion
Airtel Africa attributed the increaseto strong growth in Nigeria (38.2 percent) and Francophone Africa (9 percent).
Airtel Africa attributed the increaseto strong growth in Nigeria (38.2 percent) and Francophone Africa (9 percent).
Jambojet Named Leading Low-Cost Airline In Africa
Jambojet has been named Africa’s Leading Low-Cost Airline for the third year by the World Travel Awards, which recognizes excellence in the tourism and airline sectors.
Jambojet has been named Africa’s Leading Low-Cost Airline for the third year by the World Travel Awards, which recognizes excellence in the tourism and airline sectors.
Savannah Clinker Increases Bamburi Cement Takeover Offer By Kes2.38B
He had initially offered Kes 25.4 billion for the cement firm’s 362.96 million issued shares at Kes 70 each.
He had initially offered Kes 25.4 billion for the cement firm’s 362.96 million issued shares at Kes 70 each.
HF Group Approved To Raise Kes 6 Billion In Rights Issue
HF Group has urged shareholders to register to participate in the Rights Issue by 3 p.m. on Friday, November 1, 2024, the Record Date.
HF Group has urged shareholders to register to participate in the Rights Issue by 3 p.m. on Friday, November 1, 2024, the Record Date.
Amsons Group Unveils Over Kes23.5B Bid To Acquire Bamburi Cement
Amsons Group intends to invest over Kes 23.5 billion to gain up to 100 percent ownership of Bamburi at an offer price of Kes 65 per share
Amsons Group intends to invest over Kes 23.5 billion to gain up to 100 percent ownership of Bamburi at an offer price of Kes 65 per share
Companies Directed To Submit Beneficial Owners Register
The Registrar of Companies stated that Private Limited Companies must file their registers by November 30, 2024.
The Registrar of Companies stated that Private Limited Companies must file their registers by November 30, 2024.
Safaricom Has Injected Ksh. 983 Billion To Kenya's Economy This Year
Safaricom has made a substantial contribution to the Kenyan economy, injecting KES 983 billion and supporting over 1.28 million jobs in the past financial year, according to the company’s 13th Sustainable Business Report, launched October 23
Safaricom has made a substantial contribution to the Kenyan economy, injecting KES 983 billion and supporting over 1.28 million jobs in the past financial year, according to the company’s 13th Sustainable Business Report, launched October 23
Avocado and Mango Exporters Warned By Gov't Ahead of Deadline
Horticultural Crops Directorate (AFA-HCD) has issued a warning to exporters of mangoes and avocados regarding the mixing of these commodities during export
Horticultural Crops Directorate (AFA-HCD) has issued a warning to exporters of mangoes and avocados regarding the mixing of these commodities during export
NCBA Targets Local Businesses With New Solar Leasing Product
As part of its ongoing sustainability efforts, NCBA Bank announced the launch of a new Solar Photovoltaic (PV) campaign on Tuesday, aimed at supporting local businesses
As part of its ongoing sustainability efforts, NCBA Bank announced the launch of a new Solar Photovoltaic (PV) campaign on Tuesday, aimed at supporting local businesses