Nairobi, March 27 -- NCBA Group has posted a 55.7 percent growth in net profit for the year ended December 2023 attributed to revenue growth and a slowdown in costs. The lender's net profit grew to S... Read More
Nairobi, March 27 -- Prime Bank Group has posted a 19.8 percent growth in net profit to Sh4.4 billion for the year ended December 2023, up from Sh3.6 billion the previous year. The growth in the lende... Read More
Nairobi, March 26 -- State-backed mortgage refinancing company KMRC has posted a 163 percent rise in net profit for the year ended December 2023 to Sh847.7 million from Sh321.3 million previously. Th... Read More
Nairobi, March 26 -- The domestic aviation industry has come under sharp scrutiny following the rapid increase in consumer complaints, largely as a result of delayed refunds from the cancellation of f... Read More
Nairobi, March 26 -- President William Ruto has ordered all commercial State corporations to remit 80 percent of their net income to the exchequer in a fresh mop-up aimed at propping up the National T... Read More
Nairobi, March 25 -- Firms found in breach of competition laws have been granted a window of mitigation as the Competition Authority of Kenya (CAK) moves to reduce the severity of fines. The watchdog... Read More
Nairobi, March 25 -- The average take-home for a government employee in Kenya crossed the Sh70,000 mark last year, overtaking the entry level salary in the banking industry and compounding the public ... Read More
Nairobi, March 22 -- Kiharu MP Ndindi Nyoro has purchased 20 million shares in infrastructure company TransCentury Plc, placing him fourth among the top shareholders of the Nairobi Securities Exchange... Read More
Nairobi, March 21 -- Individual credit scores have strengthened despite concerns of elevated credit risks from rising interest rates in the past year. According to data from Metropol Credit Reference... Read More
Nairobi, March 20 -- The Kenya Development Corporation Limited (KDC) is seeking partner banks to advance Sh6.8 billion (47.25 million Euros) to micro, small, and medium enterprises(MSMEs). Under the ... Read More