Wednesday, March 12, 2025

NEWS

Equity Bank’s net profit falls 3pc in nine months

Equity Bank has posted a 3 per cent net profit dip in its third quarter. On Monday Equity Bank reported the drop to Sh. 14.6 billion...

Nakumatt files for bankruptcy, shuts down Nyanza branch

Emerging reports indicate that troubled retailer Nakumatt Supermarket has filed for bankruptcy. According to a report appearing in The Standard newspaper, Nakumatt on Monday...

Bob Collymore takes sick leave, to receive treatment for ‘months’

Safaricom chief executive officer Bob Collymore has taken a sick leave. According to a statement from the telecommunications giant, Mr. Collymore will be away...

KCB to lend Sh. 10.4 billion to small businesses

KCB has received a $100 million (about Sh. 10.37 billion) loan from the African Development Bank (AfDB) for onward lending to small and medium...

Kenyan billionaire in court for stealing two phones

A Kenyan billionaire and owner of the TAJ Mall which is situated in Embakasi has found himself in hot soup. This is after he was...

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