Kenya has revived talks with the International Monetary Fund (IMF) for a new support plan that will unlock loans and set up taxpayers to painful conditions. The Central Bank of Kenya (CBK) on ...
KCB Group has increased its interim dividend by 50 percent to Sh3 per share after reporting a 14.2 percent growth in net profit in the half-year ended June. The regional lender reported a net profit ...
Tax collections from workers’ earnings have surpassed the National Treasury’s target for the first time since the 2021/22 financial year, ending three consecutive years of underperformance. Pay-As- ...
The poor performance by KQ came amid capacity constraints due to prolonged grounding of some of the largest planes on its fleet, resulting from a global shortage in airline parts.
Safaricom and M-Pesa Holding separately challenged the suit, arguing that Ms Rogo should first have used the dispute resolution process under the Communications Authority of Kenya (CA). The Central ...
Co-op Bancassurance Intermediary’s pre-tax profit rose to Sh812.7 million from Sh790.8 million, supported by increased insurance penetration across the customer base.
The High Court has declined to lift the suspension of Tata Chemicals Magadi Limited’s mining operations over a licensing and compliance dispute with the government. The court said the suspension ...
When Daniel Njiru's salary doubled, he did not change his lifestyle. Instead, he started looking for a way to turn the extra income into an asset that could keep growing. In 2022, a neighbour offered ...
Some weeks ago, I watched a problem die inside a bank. It was a critical issue, and solving it would have cost the bank almost nothing. No millions. Instead, it moved from desk to desk collecting ...
The future of banking will be shaped by how effectively institutions collaborate to solve customer challenges and create integrated experiences.
Nine small stocks at the Nairobi Securities Exchange (NSE) have shed Sh2.25 billion in valuation this year, bucking the trend in the general market rally that has handed investors in other companies ...
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