Exclusive

Publication

Byline

Location

Acorn property fund to pay Sh188m dividends

Nairobi, March 31 -- Property developer Acorn will pay shareholders Sh188 million in dividends after the profit from its student accommodation income real estate investment trust (I-Reit) rose by 30 p... Read More


Search for new CBK governor begins as Dr Njoroge term ends

Nairobi, March 30 -- The Public Service Commission (PSC) has opened the search for a new Central Bank of Kenya (CBK) governor as Dr Patrick Njoroge's term ends. Dr Njoroge, who has served as the CBK ... Read More


Kenyattas, Equity CEO top in Sh63bn bank dividends

Nairobi, March 30 -- The families of Jomo Kenyatta and former Central Bank of Kenya Governor Philip Ndegwa and Equity Group chief executive James Mwangi are among the top beneficiaries of the combined... Read More


Britam profit increases to Sh1.6bn on cost-cutting

Nairobi, March 30 -- Britam Holdings has posted a Sh1.69 billion net profit for the year ending December 2022 on reduced costs, marking a recovery from Sh72 million earned in the previous year. The r... Read More


Equity, KCB pile pressure on Safaricom in profitability race

Nairobi, March 29 -- Equity Group has narrowed the profit gap with Safaricom to the smallest in eight years, leading a banking sector onslaught in the race for East Africa's most profitable company. ... Read More


Britam freezes dividend for third year as profit rises to Sh1.69bn

Nairobi, March 29 -- Britam Holdings has posted a Sh1.69 billion net profit for the year ending December 2022 on reduced costs, marking a recovery from Sh72 million earned in the previous year. The r... Read More


Mwalimu Sacco payout to Equity for Spire deal drops to Sh400m

Nairobi, March 29 -- Mwalimu National Sacco paid Equity Group Sh400 million as part of the deal that saw it hand over the undercapitalised Spire Bank to the country's largest bank. The figure, a drop... Read More


NCBA net profit hits record Sh13.7bn, increases dividends

Nairobi, March 29 -- NCBA Group has increased its dividends payout for the second straight year after net profit for the financial year ended December 2022 grew by 35 percent to Sh13.78 billion. The ... Read More


Equity dividend jumps as profit hits Sh44 billion

Nairobi, March 28 -- Equity Group has increased dividend payout by 33 percent to Sh4 per share for the year ended December, joining other listed lenders in rising payments. The payout, amounting to S... Read More


Equity net profit rises 15pc to record Sh46bn

Nairobi, March 28 -- Equity Group's net profit for the year ended December 2022 has increased by 15 percent from Sh40.07 billion to Sh46.1 billion, deepening its position as the most profitable lender... Read More