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Consolidated Bank's profits up 14-fold on cheap deposits

Nairobi, Aug. 10 -- Consolidated Bank of Kenya's net profit for the half-year to June 2026 grew 14-fold, riding on lower interest expenses following mobilisation of cheap deposits, especially from gov... Read More


Centum credit arm lends civil servants Sh413m as uptake rises

Nairobi, Aug. 10 -- Centum Investment PLC's loan arm, Jafari Credit, increased digital lending to civil servants by 10.1 percent to Sh413 million in the year to March 2026 as it deepened focus on lend... Read More


Audit exposes CDF bursary failures

Nairobi, Aug. 10 -- Auditor-General Nancy Gathungu has revealed that Sh243 billion in National Government- Constituency Development Fund (NG-CDF) board bursaries disbursed over the last five years may... Read More


Surging material costs paralyze Tanzania's construction sector

Tanzania, Aug. 10 -- Dar/Upcountry. Tanzanians' dream of homeownership is facing severe headwinds as surging construction material prices threaten to drive up residential rents, halt building projects... Read More


CM Omar Abdullah honours 580 outstanding J&K sportspersons with Rs.2.71 cr cash awards

Jammu, Aug. 10 -- Share Tweet Share SRINAGAR, AUGUST 10 (KNS) : Chief Minister Omar Abdullah Monday presented cash awards amounting to ?2.71 crore to 580 outstanding sportspersons and international at... Read More


Kashmir University to Adopt 10 Private Schools in Bandipora: VC Assures Support

Jammu, Aug. 10 -- Share Tweet Share Suhail Rather Bandipora, Aug 10 (KNS): Chairman of IDPS and President of the Private School Association Bandipora, Fayaz Ahmad, met with the Vice-Chancellor and Reg... Read More


Hyundai Motor India Targets Million Connected Vehicle Sales By 2027

Mumbai, Aug. 10 -- Hyundai Motor India (HMIL) has announced that it has exceeded 800,000 connected cars on Indian roads and aims to reach cumulative connected vehicle sales of one million units by 202... Read More


Ships stuck in the Strait of Hormuz region may be biosecurity risks when they leave. What can we do?

India, Aug. 10 -- The economic ramifications of the closure of the Strait of Hormuz are much discussed. But so far, the risk of ecological damage following a long blockade of ships has been overlooked... Read More


Certainty boost for KRA on hospital discounts tax

Nairobi, Aug. 10 -- The High Court has upheld a Sh32.9 million excise duty claim against insurance broker Minet for "hospital discounts", boosting certainty on whether the fees earned from licensed ac... Read More


MPs seek safeguards in Diageo's EABL stake sale

Nairobi, Aug. 10 -- A parliamentary committee wants the competition watchdog to ensure that the proposed acquisition of British multinational Diageo's stake in East African Breweries PLC (EABL) by Jap... Read More