Wednesday, February 5, 2025

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How Home Afrika has been making losses while its partners make profit

In the year ended December, the Nairobi Securities Exchange (NSE)-listed firm recorded a net loss of Sh17.8 million while the minority partners took a...

How you helped Safaricom make Sh. 32 billion profit

Kenya’s largest telecommunications company, Safaricom, Thursday reported a 38 per cent growth in profit to Sh32 billion, as M-Pesa and data revenue growth helped...

Mpesa and data drive Safaricom to Sh. 32 billion net profit

Safaricom has announced full year results for the year ended March 31, 2015 showing a 38 per cent rise in profit after tax from...

KCB overtakes Equity as most profitable bank

KCB regained its position as Kenya’s most profitable bank after posting a 12 per cent net profit growth in the first quarter. The lender’s...

Local hotels unable to repay bank loans as earnings fall

A drop in the number of tourists visiting Kenya has taken its toll on hoteliers’ ability to service bank loans, the central bank has...

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