Nairobi, April 8 -- Top banks in Kenya have spent years deepening their foray into corporate banking and wealth management. Now they are going back to where it all started - retail banking. Retail ba... Read More
Nairobi, April 8 -- Sameer Africa's net profit for the year ended December 2023 declined by 53.7 percent to Sh46.3 million, weighed down by the weakening of the shilling against the dollar. Net earni... Read More
Nairobi, April 5 -- NCBA Bank Kenya's revenue from its digital platforms Fuliza, Mshwari, and Loop fell 34 percent to Sh2.59 billion in the financial year ended December 2023, hit by reduced charges o... Read More
Nairobi, April 5 -- Safaricom is facing a Sh75 billion tax liability in the Central Bank of Kenya (CBK) push for the separation of M-Pesa from the telecoms business, forcing the telco to delay the mov... Read More
Nairobi, April 5 -- KCB Group will hire 400 new workers across its regional operations in the coming months as it moves to strengthen its digital platforms in line with the growing preference for non-... Read More
Nairobi, April 3 -- A former senior economist at the International Monetary Fund (IMF) now says Kenyans are choking on taxes over unrealistic revenue targets the institution is attaching to its loans ... Read More
Nairobi, April 1 -- I&M Group plans to double its physical branches in Kenya to 100 by the end of 2026 in the race to increase its share of the retail banking business. The expansion is part of the l... Read More
Nairobi, March 28 -- Economists under the International Development Economics Associates Limited (IDEAs), are asking creditors extending trillions of shillings to African countries including Kenya to ... Read More
Nairobi, March 27 -- Economists under the International Development Economics Associates Limited (IDEAs), are asking creditors extending trillions of shillings to African countries including Kenya to ... Read More
Nairobi, March 26 -- Uganda's milk processing firm behind the Lato brand has received approval to acquire a Kenyan milk company, giving it room to overcome hurdles that have been disrupting the supply... Read More