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I&M Group PLC Delivers 33% Profit after Tax Growth while Investing in Regional Expansion and Digital Delivery for its Customers.

Regional Financial Services Group, I&M Group PLC has announced an increase of 33% after-tax profit for its 2021 half-year financial results up from UGX 102.5 billion to UGX 134.6 billion. The Group’s Total Assets recorded a growth of 12% to...

Mabati Rolling Mills Links Poor Students to SMS-based Learning Platform to Improve Academic Performance

Premier steel building solutions provider, Mabati Rolling Mills (MRM) has embarked on a life-changing project that will help disadvantaged students in informal settlements improve their academic performance through short messaging services. Initially, it has committed to linking up 40 students from...

NCBA Group PLC reports a pre-tax profit of KES 7.4 billion in half-year results

The NCBA Group PLC has posted a profit before tax of KES 7.4 billion in its half-year results ending June 30th, 2021 which is a 90% increase compared to KES 3.9 billion reported during a similar period last year....

With Gaming Now a Big Hit, Try Out LG metaverse Experience

Gaming is also known as e-sports has become a huge industry globally expected to hit $1.4 billion in 2021. E-sports refers to competitive online video gaming involving humans and audiences. The phenomenal growth in e-sports was partly attributed to people...

New Branches for the 2Africa Subsea Cable System

The 2Africa consortium, comprised of China Mobile International, Facebook, MTN GlobalConnect, Orange, STC, Telecom Egypt, Vodafone, and WIOCC, announced today the addition of four new branches to the 2Africa cable. The branches will extend 2Africa’s connectivity to Seychelles, the...

Jubilee Holdings Delivers Resilient Performance Whilst Moving Forward with Strategic Transformation

East Africa’s largest insurer, Jubilee Holdings Limited has once again proved its resilience after announcing a Profit Before Tax of KShs.5.206Bn; this represents an increase of 119% for the Half Year ended June 30th, 2021. This significant jump was...

Equity Invested USD 496 Million in Social Impact Projects During the First Half OF 2021

Equity Group Plc intensified its ‘shared prosperity’ business model in the first half of 2021 by investing US$ 496 million (approx KES 54.3 billion) in social impact projects through Equity Group Foundation. The projects are anchored around the Foundation’s key...

NCBA, Safaricom Launch Campaign to Support M-Shwari Customers

NCBA Bank in partnership with Safaricom has today launched a campaign to support M-Shwari customers. The campaign dubbed “Pamoja na M-Shwari” comes at a time when most Kenyans are working to rebuild as the country continues to recover from the...

RUBIS Energy Kenya Education Scholarship to Kenyan Students

More students are set to join the Rubis Energy Kenya Scholarship Fund (REKESF) this academic year. The scholarships are awarded to needy students from underprivileged homes who have performed exceptionally well. They will join 29 other secondary school students...

KCB Group PLC Completes Acquisition of Banque Populaire du Rwanda Plc (BPR)

KCB Group PLC has completed the acquisition of Banque Populaire du Rwanda Plc (BPR) from Atlas Mara Mauritius Limited and Arise B.V. This follows the securing of the requisite regulatory approvals in Kenya, and Rwanda in what makes KCB Group...

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Kibugu brothers shine as Njoroge Clinches first PGK equator tour title at Sigona

It was a Kibugu affair, as the two formidable brothers went neck-and-neck in the intense final round of the...
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