Monday, March 31, 2025

FINANCE

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

NEWS Editorial -
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...

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

NEWS Editorial -
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...

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

NEWS Editorial -
NALA, a global payments company born in Tanzania, expanded from the UK and USA to Europe earlier this year. NALA has grown rapidly via...

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

NEWS Editorial -
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...

DTB opens new branches in Kiambu and Nairobi in its rapid Expansion Drive

NEWS Editorial -
Diamond Trust Bank (DTB) has today opened three new branches located in Baba Dogo, Kijabe Street and Kiambu town, as it intensifies its expansion...
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