Standard Chartered Kenya half-year net profits up 5% to KSh4.7 billion
Standard Chartered recorded a net profit growth of 5% to KSh4.7 billion compared to KSh4.5 billion in the previous half-year. The bank's operating income dropped by 1 per cent to [...]
KenGen launches its community involvement program
KenGen has launched a program to provide communities with a greater voice in the priorities and decisions of the company. The strategy will promote sustainable operations by adopting practices that [...]
Airtel Kenya unveils new numbers
Airtel customers will be the first to enjoy a new set of SIM lines with the prefixes 0100, 0101 and 0102. The Government, through the Communication Authority of Kenya (CAK), [...]Kenya Power's search for CEO begins
Following the arraignment in court of the former Kenya Power CEO Ken Tarus over economic crimes and abuse of office, which resulted in contract termination, Kenya Power has launched its [...]A slowdown in international markets drags Kenya’s equities market
The global economy is on a decline. The expected global economic growth rate in 2019 has been revised down to 2.8 per cent from 3.2 per cent. The dip is [...]
Online Shopping: Pros and Cons
Online shopping is slowly but surely proving to be the one trend that almost everyone is adjusting to, whether for large scale or small scale purchases. It seems quite an [...]TALA secures KSh11 billion funding to facilitate lending
Tala on Wednesday secured USD110 million in series D funding in a bid to accelerate financial inclusion around the region. Tala General Manager (East Africa) Ivan Mbowa said the new [...]Bamburi's pretax profits dip by 97% to KSh23 million
Bamburi recently announced the unaudited group results for the half year period ended 30th June 2019. In the half year period, pretax profit declined to KSh 23 million from KSh [...]Safaricom leverages on technology to offer healthcare solutions
Safaricom is leveraging on its mobile technology to bridge the healthcare gap and offer affordable, quality, and accessible healthcare solutions. M-Tiba is a mobile phone service that allows users to [...]Britam's half-year pretax profits grow by 78% to KSh2.4 billion
An analysis of Britam Holdings financial reports shows the firm has improved its financial health in the six months to June 2019. Britam recorded a 78% growth in pretax profit [...]KRA's pursuit for Keroche's tax evasion is challenged
Okiya Omtatah today challenges KRA's decision to pursue Keroche for tax evasions. The activist petitioned against KRA's waiver for the NIC-CBA merger. According to the activist, the waiver for the [...]Fuliza hit Ksh 81 billion lending mark at the end of June 2019
Fuliza has disbursed 81 billion in the six months between January 2019 and June 30. According to a recently released 2019 report which covers fiscal year of 01 April 2018 [...]
