Bizna Reporter

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I&M Bank shares rise 66% in one day after half year net profit hits Sh. 5.6 billion

I&M Bank shares on Tuesday August 21, 2024 were the biggest gainers at the Nairobi Securities Exchange with a historical appreciation of 66.26 per...

KCB posts Sh. 29.9 billion half year net profit; to pay Sh. 1.50 interim dividend

KCB Group has announced a half year net profit of Sh. 29.9 billion for the period ended June 30, 2024. This was a growth...

Kenya to pay German firm G+D Sh. 14.2 billion to print new money

The Central Bank of Kenya has announced that the country will pay German firm Giesecke+Devrient Currency Technologies (G+D) Sh. 14.2 billion to print new...

Bidco acquires company that owns Ribena and Lucozade in multi-million deal

Bidco Africa Group has acquired the manufacturers of the popular drinks Ribena and Lucozade in a deal that is estimated to be worth millions....

Breakdown of nearly Sh. 200 million salary Paul Russo earns as KCB Group CEO

KCB Bank Group chief executive officer Paul Russo is one of Kenya's highest paid executives. Latest salary earnings show that Mr. Russo took home an...

Breaking

Standard Chartered Uganda sells Wealth and Retail Banking business to Absa Bank Uganda

Standard Chartered Uganda Limited has completed the sale and...

Kenya MSME lending hits KES 424.67 Billion as Equity Bank leads financing market

Kenya’s commercial banks disbursed KES 424.67 billion in new...

Quickmart shares rise 18.7pc in strong NSE debut

Quickmart shares recorded a strong debut at the Nairobi...

KDF announces recruitment drive for cadets, graduates and tradesmen: How to apply

The Kenya Defence Forces (KDF) has opened applications for...