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Family Bank records a KES. 1.04B profit in the first quarter of 2023

The Family Bank Group has recorded a KES. 1.04 Profit Before Tax for the period ending 31 March 2023. The Bank’s performance remained steady despite the tough operating environment in 2023. Interest income increased by 13.6% to KES 3.4 billion...

PETCO Kenya rebrands to the Packaging Producer Responsibility Organisation -PAKPRO

In an effort to create a fit for purpose producer responsibility organization that will  handle all non-hazardous packaging on behalf of our membership. The move to rebrand PETCO is as  a result of the recent events after the gazettement...

KCB Group Shareholders approve Kshs. 6.4 Billion in Dividend Payout

KCB Group Plc shareholders have approved KShs. 3.2 billion in final dividend payout for the 2022 financial year, signifying a sustained return to shareholders. This will bring the total dividend paid for the year to KShs 6.4 billion, following a KShs 3.2 billion in interim dividend declared at the end of last year. The shareholders approved a final dividend of KShs 1.00 per share as recommended by the Board at the 52nd Annual General Meeting...

Carrefour 7th anniversary celebrations at Two Rivers Mall

Carrefour, owned and operated by Majid Al Futtaim in Kenya, celebrates its 7th anniversary today by rewarding customers with paid-for shopping trolleys in an exciting spin-the-wheel lucky draw. To thank customers for almost a decade of loyalty and support, Carrefour...

Acronis strengthens commitment to cyber protection in Africa at GITEX Africa 2023

GITEX Africa, Africa's foremost technology exhibition and networking platform, is set to witness the participation of global tech experts, with cyber protection leader Acronis underscoring the critical role of deploying a comprehensive security and data protection protocol to face...

Isuzu unveils the Eliud Kipchoge 1:59 Limited special D-Max

Isuzu East Africa has officially launched the Limited edition of Isuzu D-Max model dubbed “Eliud Kipchoge 1:59 Limited Special D-Max Edition” double cabin pickup in honor of the legendary marathoner. Isuzu East Africa Managing Director Rita Kavashe disclosed during the...

Ogilvy Africa Introduces InfluenceO: An end-to-end solution for effective Influencer Marketing in Africa

Ogilvy Africa has officially launched InfluenceO, its end-to-end influence solution designed to empower businesses, brands, and creators in Africa to excel in the realm of influencer marketing. By leveraging cutting-edge technologies and innovations from around the world and Africa, InfluenceO...

Glovo unveils Burger Consumption Trends in Kenya

Glovo, a leading multi-category app, has released insights into what burger consumption in Kenya has been like in 2022 to commemorate International Burger Day on 28th May 2023. In 2022, Glovo delivered more than 70 million burgers globally, an extraordinary...

National Bank of Kenya (NBK) has posted KShs.117m in profit after Tax for the first quarter of 2023 ending March

National Bank of Kenya (NBK) has posted KShs. 117 million in Profit after Tax for the first quarter of 2023 ending March. The Bank recorded a strong growth in non-funded income which registered a 60% growth to KShs. 884 million compared to KShs. 551 million over the same period in 2022. This was driven mainly by better performance in FX...

LG Electronics hands over Social Impact Projects to local communities through Social Groups

LG Electronics has today handed over complete projects to three social groups from Nairobi, Kiambu and Makueni counties seeking to solve their community’s most pressing needs. The three, Vonde Welfare, Kenya Women and Children Centre, and Little Voice Deep Within...

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New SACCO Amendment Bill 2025 could change how Kenyans save and borrow

Millions of Kenyans who save and borrow through SACCOs could soon enjoy stronger protection for their money after Parliament...
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