Equity Group chief executive officer James Mwangi has declared Equity Bank as East Africa's largest bank. This is after the bank posted a Sh. 40 billion net profit in the 12 months period that ended in December 31, 2021.
This...
Mombasa’s English Point Marina property’s developer is facing fraud and money laundering investigations. The investigations come amidst a bitter war with apartment buyers. According to a report that appeared in the Business Daily on Monday, the buyers allege that...
African cities' skylines are rapidly changing within short time frames, making it even harder to choose yearly top contenders for the tallest buildings.
African cities are becoming more competitive by the day on a global scale in terms of both...
Safaricom dominates mobile money in Kenya with data showing that it has a market share of 99.9 per cent.
The data from the Central Bank of Kenya (CBK) shows that M-Pesa has grown its share of the value of mobile...
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...
Scholarship honours: Education's Enduring Role in Kenya's Development
For generations, education has occupied a singular place in Kenyan society. It...
