Peninnnah M

NCBA and d.light Ltd in a deal to lease 205 Automobile Units

NCBA has entered into a leasing deal with d. Light Ltd that will see NCBA Leasing LLP, NCBA’s leasing subsidiary lease 205 automobile units. Under the deal, d.light Ltd, a leading provider of Pay as you Go and solar-powered solutions,...

I&M Group PLC delivers 34% growth in Profit after Tax for full year 2022

 I&M Group PLC has recorded KES 11.6 billion in profit after tax for the full year ending December 2022; a 34% increase in profitability from KES 8.6 billion reported during a similar period in 2021. The Tier 1 Bank attributed...

Equity Group reports a record KES 46.1B net profit and a divided payout of KES 15.1B

In the midst of a global economic downturn with a global GDP growth rate projected at 2.9% for 2023, with a downside growth outlook as a result of sticky stubborn inflation, elevated interest rates, turbulence in exchange rates, and...

AERC to hold High Level Seminar on Human Capital Development in Africa

The African Economic Research Consortium (AERC) is set to host its 25th Senior Policy Seminar (SPS), focusing on human capital development as a social and economic growth driver, commencing this Wednesday. The two-day conference, to be held at the Radisson...

Bamburi, Isuzu announce 4th edition of ‘Women on Wheels’ trucking programme

Bamburi Cement, partnering with Isuzu East Africa, has announced the fourth edition of their Women on Wheels (WoW) program, which seeks to recruit, train and place 50 more female truck drivers in Kenya this year. Increasing the opportunities from the 21...

Faith Githaiga crowned overall winner of the NCBA sponsored Mug Golf Tournament

Faith Githaiga was named the overall winner of the NCBA-sponsored mug golf tournament at Nyeri Golf Club yesterday after she carded an impressive score of 67 net. The tournament brought together a field of over 70 golfers from Nyeri...

DTB’s profit grows 54%, increases dividend by 67%, on course to expand East African branch

Diamond Trust Bank (DTB) has announced pre- tax profits of KShs 9.5 billion for the year ended 31 December 2022, a significant 44% increase from the previous year. The East African banking group’s 2022 after-tax profits also grew by...

NALA receives PSP License from Bank of Tanzania and commits to invest $1m into the country

NALA, a global payments company born in Tanzania, expanded from the UK and USA to Europe earlier this year. NALA has grown rapidly via geographic expansion, product differentiation and improvement on existing infrastructure. NALA recently received its Payment Service Provider...

Samsung Electronics tops the Global Tv market for 17 consecutive years

Samsung Electronics has been recognized for its global market leadership and excellence with its technical expertise and industry-leading innovation, According to market research firm Omdia, Samsung once again topped the global TV market in 2022, making it the 17th...

Absa Group announces net zero targets as part of broader sustainability/sustainable finance goals

Absa Group, Africa’s largest funder of renewables, announced today its long-term ambition to reach Net Zero state by 2050 for scope 1, 2, and 3 emissions. Supporting a transition to a low carbon economy is underpinned by the Group’s...

About Me

3444 POSTS
0 COMMENTS

Latest News

US introduces sweeping changes to student visas, caps stay at four years

The United States has overhauled its student visa framework, ending a long-standing policy that allowed international students to remain...