KCB Group has appointed Paul Russo as the new chief executive officer. Mr. Russo will replace Joshua Oigara who has exited the bank after a tenure that lasted for nine years.
His appointment will come to effect on May 25,...
Joshua Oigara has quit as KCB Group CEO. Mr. Oigara will leave his role this week. His departure, which brings an end to his 10 year leadership at KCB, comes months earlier than it had been expected.
Reports say that...
Co-operative Bank subsidiary Kingdom Bank has announced a 58.1 per cent growth in net profit in the first three months of year 2022 to Sh. 209.8 million.
In the same period last year, Kingdom had posted Sh. 132.7 million net...
Kenyans who place bets on SportPesa made Sh. 380 billion between November 2013 and June 2019 with SportPesa bets.
This is according to the audited financial statements and management accounts of Pevans East Africa, the company that operated SportPesa for...
Taxes are by far the biggest absorber of wealth in Kenya for businesses and individuals. They should be a tool for progress, but in Kenya, they are aggravating the prevailing slow-down of the economy. These are the words of...
Kenya’s debt repayments to China for infrastructure projects has more than doubled to a record Sh. 73.48 billion.
This follows the increased clearance of principal sums after the grace period lapsed.
According to data from the National Treasury, the amount has...
SportPesa has been the second biggest firm in Kenya after Safaricom. This is according to its revealed annual earnings. The betting firm, according to court papers, made a net profit of Sh. 12.9 billion for its owners in Kenya...
Bank CEOs in Kenya are some of the highest paid business executives in the whole country. They earn so much that when a mean of their annual is done, some of them pocket an average of up to Sh....
Dear Investor,
Effective 15th July 2022, CDSC will introduce a CDS account maintenance fee of KES 100 per month payable annually.
This is the message that stock investors who trade in shares at the Nairobi Securities Exchange have been getting. The...
Airtel and Telkom have scored big after the government initiated new regulations that will see it control Safaricom call charges.
This will be done by controlling how Safaricom charges competitors for terminating calls on its network.
The new regulations will now...
