Co-op Bank Group has posted nearly Sh. 6 billion growth in net profit. This is after the bank realized a 59 per cent growth in its profit before tax to Sh. 22.6 billion from Sh. 14.4 billion for the...
KCB Group has poster a 74 per cent jump in its annual net profit for the year ended December 31, 2021.
This sharp growth was attributed to lower provisions against bad debts and increased revenue.
KCB Group's net earnings had dropped...
KRA and Keroche tax payment agreement: The Kenya Revenue Authority and troubled local brewery Keroche Breweries have reached an agreement over a multi-billion tax dispute. The dispute had led KRA to shut down Keroche Breweries two weeks ago.
According to the...
KCB Bank has extended the term of its chief executive officer Joshua Oigara by one year. The extension will last until December 2021. The Business Daily on Monday quoted a source at the Capital Markets Authority saying that the...
Ndindi Nyoro Net Worth
The first thing that strikes you when you meet Ndindi Nyoro, the MP for Kiharu, is his sharp acumen for anything business. The soft spoken youth has risen from the woods to become a successful businessman...
Equity Bank chief executive officer James Mwangi has stepped up his push for bank to mobile money transfer charges to be brought back.
According to Dr. Mwangi, the charges will level the playing field between banks and telecommunication firms that...
Keroche Breweries Shut Down: The Kenya Revenue Authority has shut down troubled Keroche Breweries. The taxman has shut down the brewer over Sh. 332 million tax arrears. The shut down is expected to result in hundreds of workers losing...
The US embassy estate worth Sh. 5.5 billion that is being constructed in Nairobi’s Rosslyn estate is set to be completed within the next two months.
The estate comprises of 90 units which are being developed by Gateway Real Estate...
Pay television service provider MultiChoice is set to bring down a multi-million building in Nairobi. MultiChoice will demolish the building which is estimated to be worth Sh. 895 million. The building is the subect of a court battle between MultiChoice...
If you are planning to buy a second hand car, you should be prepared to cough up nearly double the amount of money you would have paid a few months ago for the 2015 model vehicles, which are the...
