
Equity Group, led by James Mwangi, plans $30 million capital boost for subsidiaries
The move reinforces the bank’s regional presence and strengthens balance sheets to keep pace with expansion.
The move reinforces the bank’s regional presence and strengthens balance sheets to keep pace with expansion.
Co-op Bank posts a record $197.1 million profit for 2024, driven by strong revenue growth, efficiency gains, and a 12.5% rise in total operating income.
Kenya’s wealth creation remains strong amid global turbulence, driven by a resilient private sector and strategic business environment.
Aga Khan’s investments shaped East Africa’s media, banking, and hospitality sectors.
Driven by the vision for Kenya’s development, the Kenyattas have strategically invested in sectors crucial to the nation’s growth, from infrastructure to agriculture.
Kenya's push to benefit from the growing satellite internet industry could pose financial challenges for providers like Starlink.
The NSE cited improved company performance and the withdrawal of the renationalization plan as key factors behind the reinstatement.
The decision sparked widespread jubilation in the House, with both Senators and Members of Parliament chanting “Adani Must Go,” briefly interrupting the President's speech.
Seamless money transfers for NCBA diaspora customers.
Fast-food operator opens 15 new outlets; shifts focus to chicken and pizza
The initiative will focus on enhancing support for small and medium-sized enterprises (SMEs) in both regions.
Regional subsidiaries contributed 49.78 percent of the earnings, reflecting the group's successful regional diversification strategy.
East Africa's telecom giant, Safaricom, sees revenue growth but faces profitability hurdles.
This marks a 19.4 percent decline from last year's earnings of $2.42 million, primarily due to a 31.7 percent drop in the value of share-based awards.
NCBA Group and Sanlam Life Insurance have launched new digital life insurance plans to improve access to affordable funeral and education coverage in Kenya.
The total compensation for 2023 exceeded the previous year’s total reward of Ksh147.73 million ($1 million) by 25.75 percent.