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Bamburi Cement records 16% jump in 2023 first-half operating profit despite tough operating environment

Bamburi Cement PLC has defied the challenging economic environment in the first half of this year, increasing its pre-tax profits to KES 621 million, up from KES 124 million in the first half of 2022. The significant increase is...

I&M Group PLC delivers 23% growth in Operating Income with a significant growth of 28% in the Retail Segment

I&M Group PLC increased its operating income by 23% to KES 19.1 billion in the first half of 2023, up from KES 15.6 billion in the same period in 2022. The active income was boosted by growth in both...

KDC pursues investors in the Tourism Sector

In partnership with tourism sector players, the Kenya Development Corporation (KDC) has unveiled investment opportunities tailor-made to the tourism and wildlife sector players. As Kenya’s single cross-sector Development Finance Institution, KDC is enabled with sufficient scale, scope, and resources to...

KCB Supports KLGU Amateur Tournament this weekend.

KCB has supported the Kenya Ladies Open Golf Union Amateur Tournament this weekend at the par 72 Royal Nairobi Golf Club. Saturday’s action will see over 100 lady golfers from Nairobi and its environs take on the 18-hole course as...

NCBA Group PLC reports profit after Tax growth of 20.3% to KES 9.3 billion

NCBA Group PLC has posted a profit after tax of KES 9.3 billion in its H1 results ending June 30th 2023, which is a 20.3 per cent increase compared to KES 7.8 billion reported during a similar period last year. The Group registered a profit...

Eight teams to face off at the Safaricom Chapa Dimba Western Region finals

Eight teams (four boys and four girls) are expected to battle it in the Western regional finals scheduled for Saturday, the 26th, to Sunday, the 27th, at the historical Bukhungu Stadium in Kakamega. In Saturday’s semi-finals, football fans will be treated...

Family Bank doubles investment to provide Technical Skills Training for Youth

Over 2000 youth are set to benefit from technical and vocational training in construction through an additional KES 60 million investment through Family Bank’s philanthropic arm, The Family Group Foundation. Through the USAID Tumikia Mtoto Programme, implemented by World Vision...

Samsung records spectacular Pre-order Numbers driven by strategic Device Financing partnership

Samsung Electronics East Africa has officially closed pre-orders for the highly anticipated Galaxy Flip and Fold 5, both Unpacked at a Global event held in the tech manufacturers' home country in Korea. The successful pre-order surpassed targets by over...

Glovo Ads launched in Kenya to drive small businesses’ growth

Glovo, one of the world’s leading multi-category apps, has launched Glovo Ads in Kenya. It is a new offering designed to enable brands, restaurants and shops to accelerate their business growth, engagement and sales between users. With retail media spending...

KCB Group total assets rise by 54% to KShs. 1.86 Trillion in H1 2023

KCB Group PLC recorded a 54% growth in total assets to KShs.1.86 trillion in the first half of the year ending June 30, 2023, as net profit closed at KShs.16.1 billion. The balance sheet growth was driven by the consolidation of Trust Merchant Bank (TMB) acquired in December 2022, and an increase in customer deposits to...

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Simple practical skills that can move you from joblessness to millionaire

As Kenya continues to grapple with youth unemployment and a rapidly changing economy, technical and hands-on skills are emerging...
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