The Co-operative Bank of Kenya has announced a full year net profit growth. The bank has announced a net profit growth to Sh. 23.2 billion for the full year ended December 2023.
This was a 5.2 per cent growth from...
MultiChoice has increased the monthly cost of DSTV and GoTV packages in Kenya. Following the increase, Kenyans who use the two paid-television platforms will have to dig deeper into their pockets starting from April 1, 2024.
Whereas MultiChoice had previously...
Absa Bank Kenya has posted a 12.2 per cent growth in full year net profit to Sh. 16.4 billion.
This profit has been realized after the bank recorded an increase in operating income which grew by 18.7 per cent to...
Is there anything like 'going too far' when it comes to marketing? This is the question that a billboard in Nairobi that was designed to market Kleenit has evoked.
In less than 24 hours the suggestive billboard was pulled down...
The strengthening Kenya shilling is showing signs of its recovery extending to 120s against the US dollar. On Friday March 15, the shilling extended its gains against the US dollar.
Officially, the Central Bank of Kenya quoted the shilling at...
Degrees in Kenya: You may have heard the cliche, Grade A students work for Grade D students. Well, this feature explores why degree holders in this country tend not to do too well when it goes to generating wealth....
The Co-operative Bank of Kenya has eased terms of borrowing for Kenyans seeking to be financed to acquire vehicles from Isuzu East Africa.
In the new terms announced by the bank, Co-op Bank has extended the repayment period by a...
One of Safaricom's top investors has sold hundreds of millions of shares in protest. The investor, who has been identified as FMR LLC - which also trades as Fidelity Institutional Asset Management - sold 600 million shares in protest...
The Kenya shilling has extended its gains against the US dollar after months of losing value.
As at February 14, 2024, the Central Bank of Kenya was officially quoting the shilling at 156.7076 against the US dollar.
The recovery was also...
Former National Treasury Cabinet Secretary Henry Rotich has landed a top position in the government of President William Ruto.
Rotich has been appointed by the President as the Senior Advisor on Fiscal Affairs and Budget Policy.
This position was being held...
