Finance & Banking
I&M Group Records 24% Growth in Profit Before Tax for Third Quarter
I&M Group PLC has announced a spike in its financial performance, reporting a 24% increase in Profit Before Tax for the third quarter of 2024, reaching KES 14.1 billion—up from…
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Disrupting the Insurance sector
BlueWave, an Insurtech start-up wants to make insurance accessible to the common man and while…
Football, Fans and Unforgettable Moments: KBL Watch Parties Light Up Championship Finale
Hundreds of supporters packed Nairobi's biggest watch parties as football, music, and celebration delivered an…
Kenya is Ecobank’s next growth frontier
The pan-African bank’s thrilling turnaround and its five year growth strategy On June 16, 2008,…
Rwanda budget hits US$2.49bn
As government moves to slash foreign aid Though foreign aid still constitutes a significant percentage…
Lasted Finance & Banking
Unaitas posts Ksh. 268 Million net profit
Financial service provider, Unaitas Sacco has recorded a Ksh 267.8 million profit for the 2016 financial year, buoyed by cautious…
AfDB secure funding for Kenya, Uganda road construction
The African Development Bank Group (AfDB) has approved USD 253.0 million of loans to the Governments of Kenya (USD 147.3…
Nakumatt Smart Points to earn you a Reusable Bag
Nakumatt Holdings has announced a smart points redemption campaign to allow its loyal shoppers acquire eco-friendly reusable carry bags. Commencing…
Britam posts Ksh. 4.2 billion in pre-tax profit
Britam Holdings has returned into profitability, announcing a pre-tax profit of Ksh. 4.2 billion in 2016 compared to a loss…
EIB signs USD 95 Million funding for East African Entrepreneurs
Nonprofit lending institution, European Investment Bank (EIB) has on Wednesday signed two new credit lines for East-Africa for a total…
IVECO re-enters EA market with Ksh. 3.2 Bn assembly plant
Italian automaker, IVECO has on Thursday announced its expansion plans in East Africa through an industrial and commercial partnership with…
Equitel Eazzy Loans Recorded Ksh. 38.5 Bn in 2016
Equitel’s Eazzy Loan disbursements increased by more than six times in 2016, making the platform the preferred choice for accessing…
KCP Inks Deal with Regional Private Equity Firm
Manufacturer of construction materials, Kisumu Concrete Products Limited (KCP) has Thursday announced the completion of an investment deal with Ascent Rift…