Nation Media Group Net Profit Falls By 9.7% to Ksh 2.2 Billion
Nation Media Group is a Kenya-based media house in East and Central Africa with operations in print, broadcast and digital media. Nation Media After tax profit for the full year [...]
East African energy engineers launch an association
Energy engineers in East Africa on Tuesday launched an association to ensure highest standards of professionalism and efficiency in energy management within the region. The Association of Energy Professionals Eastern Africa [...]Fly Qatar Airways, Pay with M-PESA
Fly Qatar Airways, Lipa na Mpesa Qatar Airways, the national airline of the State of Qatar, has announced a strategic partnership with Vodacom, one of the world’s leading mobile money [...]Atlas signs MOU with Ethiopian Brewery to Supply Glass Bottles
NSE-LSE cross listed firm, Atlas has announced that it has secured a memorandum of understanding (‘MOU’) with a leading Ethiopian brewer, Raya Brewery Share Company for the supply of glass bottles [...]KCB Rwanda pretax Profits Up by 165%
KCB Bank Rwanda has reported a profit before tax increase by 165% in Full Year 2015 to Frw 3.2 Billion compared with Frw 857 Million reported in year 2014. This marks [...]CBK retains CBR at 11.5% For the Sixth Time In a Row
Kenya's Central bank held its benchmark lending rate at 11.50% on Monday for the sixth Time in a row since 7th July 2015 saying that the Current monetary policy now in place [...]Umeme Gross profit Up by 31.3%
Uganda's NSE-USE Cross Listed Electricity Distribution Company,Umeme Limited has released its Full Year 2015 Results posting a 31% Growth In Gross Profit. Highlights Revenue increased 18.8% to Ushs 1.2 trillion [...]Opinion; MPC LIKELY TO REDUCE CBR
The Monetary Policy Committee (MPC) is likely to cut rather than raise the benchmark lending rate this year owing to the stability of the shilling and lower inflation. The next [...]UK's Solarcentury to install A Ksh 254 Million solar systems in Kenya
UK company Solarcentury said on Friday that it will install three rooftop solar plants, a carport array and a battery storage system, totaling 1.1 MWp of capacity, at two locations [...]Two from Kenya among the World's Top 10 Largest Funded FinTech Companies Outside US
Top 10 Non-US FinTech Financing Rounds in 2015 Resulted in $135 Million Raised While US FinTech companies are usually the center of attraction when it comes to funds raised, there are [...]Kenol Kobil Pre-Tax Profit Up by 69%
In its Full Year 2015 Results, Kenol Kobil posted 68.6% increase in Profit before tax to Ksh 3.4 Billion Key Highlights Total Revenue fell by 4% to 86.7 Billion Sales volumes grew a commendable [...]Equity Bank Rwanda Pre-Tax Profit up 66%
After three years of posting losses,Equity Bank Rwanda which recently listed at the Kigali Securities Exchange has finally posted a 66% Growth in Pre-Tax profit in it’s 2015 full year results of 2.1 [...]
