Monday, October 20, 2025
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NEWS

NIC Bank profits fall on rising bad loans

NIC Bank has posted reduced profits for the full year ended December 2016. The bank saw its net profits fall by 3.4 per cent as...

Kenol Kobil full year profit up 20 per cent

Kenol Kobil has posted improved profitability for the full year ended December 2016. The oil marketer posted a 20 per cent growth to see its profits...

Kenya Marks 10years of M-pesa Transforming lives.

As Safaricom (NSE: SCOM) marks 10 years since M-PESA’s launch on 6th March, 2007, a new ‘True Earnings’ Report by KPMG, using KPMG’s ‘True...

Local supermarkets deny Sh. 40 billion debt

Local supermarkets have denied that they owe suppliers sh. 40 billion. Speaking through the Retail Trade Association of Kenya (RTAK), the supermarkets claimed that the amount...

Hundreds of Kenyans left high and dry in another multi-billion pyramid-like housing scheme

Millions of unsuspecting Kenyans may have lost their hard earned cash in yet another case of how gullible Kenyans can be, after a 'real...

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