Health, economic and social catastrophes including the recent coronavirus pandemic expose the vulnerability of individuals, families, businesses, economies, and nations to unforeseen but catastrophic risks. On a positive note, more people now acknowledge the benefits of insurance when faced...
LG Electronics has unveiled its table-type air purifier that reduces 99.99% of bacteria on fan blades, 94% of airborne bacteria, and 91% of airborne viruses.
To be exhibited at the ongoing IFA 2022 between September 2-6, Europe’s premier consumer electronics tradeshow, the PuriCare...
Absa Bank Kenya PLC has today reported a Profit after Tax of Kshs.6.3 billion for the half-year period ended June 30, 2022, registering a 13% growth as compared to a similar period last year. The improved performance was achieved...
LG Electronics has revealed ongoing plans to allow customers the ability to control and monitor smart home products and solutions from other brands in the industry.
The disclosure follows LG’s announcement of being named to the Board of Directors of...
Electricity costs are undeniably a factor that affects the lives of people be it at an industrial or household level. Within the country, there has been a wide-ranging discussion on the electricity sector as to how to reduce the...
Today, Acronis, a global leader in cyber protection, unveiled its mid-year cyber threats report, conducted by Acronis’ Cyber Protection Operation Centers, to provide an in-depth review of the cyber threat trends the company’s experts are tracking.
The report details how...
It is always best to consult an investment broker when making critical financial decisions. These professionals can help you make the most of your money and ensure that you take the right steps to secure your financial future. If...
Bolt Food has updated its App to include a Mobile Money Payment option and other in-app features meant to bolster customer and courier experience and enhance operational efficiencies on the platform.
The Mobile Payment feature is designed to offer convenience...
National Bank of Kenya (NBK) reported KShs. 729 million profits after tax in H1 results compared to KShs. 765 million over a similar period in 2021.
Whereas the Bank reported remarkable growth in total operating income at 13%, operating costs...
KCB Group PLC reported net earnings of KShs.19.6 billion for the six months ending June 30, 2022, a 28.4% rise from last year.
The growth from KShs.15.3 billion was driven by improvement in both the funded and non-funded income streams. Additionally, the international subsidiaries increased their overall contribution to the Group’s performance.
Total operating income increased by 16.8% mainly driven by a 29.9% growth in Non- Funded Income. Group businesses increased their profit contribution to 16.8% driven by new business growth and the impact of BPR Bank.
GCEO Commentary
“We delivered solid results,...
