KCB Group has announced a Sh16.54 billion net profit in the first quarter of the current financial year. This KCB Group Q1 2025 net profit came in flat from the Sh16.48 billion net profit that was recorded in the...
Equity Bank Kenya has sacked a number of employees over suspicious M-Pesa and bank accounts transactions. The sacking follows an internal investigation that started on April 14, 2025, which revealed the undertakings by the impacted Equity Bank employees.
According to...
Kenyans are now securing loans using fridges, TVs, livestock, the latest data from the Business Registration Service (BRS) has shown. The BRS is currently the custodian of the Movable Property Security Rights registry in which creditors including commercial banks...
For years, the Toyota Premio has been one of the most sought-after vehicles in the Kenyan second hand cars market. The vehicle has been a favourite among Kenyans due to its high reliability - a characteristic that is often...
Starting a business is no small fete. Starting a business in your 20s when you're young is even more complicated. You don't know where to start or even what to do. You need to learn the ropes.
Before you get...
Rights issues are an invitation to a company’s existing shareholders to buy additional new shares in the company. This is done in a fixed proportion to their existing shares. The shares issued in a rights issue are priced below the current market price to...
The Capital Markets Authority has given financially-troubled media house, Standard Media Group, the green light to hold a rights issue. In the upcoming rights issue, the Standard Media will be looking to raise Sh1.5 billion from shareholders.
"The has...
The Co-operative Bank of Kenya has announced a 5.3 growth in its net profit for the first quarter of the 2025 financial year. This is after the Co-op Bank Q1 2025 net profit hit Sh6.93 billion up from the...
The senior staff and directors of the embattled Kenya Union of Savings and Credit Cooperatives (Kuscco) took insider loans of Sh192 million. This has been disclosed by the Cabinet Secretary for Co-operatives and Micro Small and Medium Enterprises (MSMEs)...
Sidian Bank has announced a profit after tax increase of 250 percent in the first quarter of the current financial year. In that period which ended on March 31 2025, profit after tax increased from Sh556.9 million from the...
