Nairobi, May 7 -- Stanbic Bank Kenya has reported a 5.5 percent growth in net profit for the first quarter ended March when the benefits of lower costs and provisions for bad debts were eroded by a he... Read More
Nairobi, May 7 -- Nigeria's Access Bank paid Sh15.8 billion to acquire National Bank of Kenya (NBK) from KCB Group, earning the Nairobi bourse-listed lender a premium of Sh3.18 billion. KCB Group has... Read More
Nairobi, May 7 -- Nigeria's Access Bank paid Sh15.8 billion to acquire National Bank of Kenya (NBK) from KCB Group, earning the Nairobi bourse-listed lender a premium of Sh3.18 billion. KCB Group has... Read More
Nairobi, May 5 -- Express Kenya has disclosed the sale of a portion of its land holdings for Sh300 million in an effort to raise funds to clear its debt obligations and improve its cash position. The... Read More
Nairobi, May 5 -- The usage of automatic teller machines (ATMs) has dropped to the lowest level since the Central Bank of Kenya (CBK) began reporting the transactions, underscoring the impact of a shi... Read More
Nairobi, April 30 -- I&M Bank has set a minimum investment threshold of Sh500,000 for its corporate bond that seeks to raise Sh20 billion to grow its loan book and boost its capital levels, signalling... Read More
Nairobi, April 30 -- Flame Tree Group (FTG) expects its profits for the financial year ended December 2025 to drop significantly by at least 25 percent, reversing the profitability from the previous y... Read More
Nairobi, April 30 -- The share price of diversified dealer Car & General (C&G) rallied by 20 percent during trading on the Nairobi Securities Exchange (NSE) on Thursday, driven by a fourfold growth in... Read More
Nairobi, April 27 -- Raymond Kageni had always assumed that chamas were women's affairs and had never imagined joining one. However, his elder brother, John, enrolled him in a group that he chaired. ... Read More
Nairobi, April 24 -- Listed marketing services firm WPP Scangroup has dipped further into loss territory in the full year to December 2025, with the company now disclosing plans to cut back operations... Read More