Stories By Patrick Kambona
CBK finally approves full acquisition of NBK by Nigeria's Access Bank from KCB
Apr 14, 2025 at 04:45 PM
Central Bank of Kenya (CBK) has approved the 100 per cent acquisition of National Bank of Kenya (NBK) by Access Bank (Access) of Nigeria after adhering to regulatory requirements....
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Aussie's Fulgo Mobile appoints Muthoni Wachira as its new Country Manager
Apr 09, 2025 at 02:32 PM
Muthoni Wachira, a Kenyan communication specialist, has been unveiled as the new Country Manager for Fulgo Mobile in an appointment that takes effect on April 7, 2025....
NCBA Bank partners with Family TV to empower Kenyans on money matters
Apr 09, 2025 at 01:34 PM
Do you want to learn more about how to better handle and grow your money?...
Visa picks John Njoroge as new Country Manager Kenya, South Sudan, Somalia
Apr 02, 2025 at 12:37 PM
Visa has appointed John Njoroge as the new Country Manager and Senior Business Development Leader for Kenya, South Sudan, and Somalia....
Mary-Ann Musangi bags top award in manufacturing at WIM Awards 2025
Apr 02, 2025 at 12:14 PM
Haco Industries Mary-Ann Musangi was declared the Woman Industrialist of the Year at the Women in Manufacturing (WIM) Awards 2025, which was held at the Nairobi Serena Hotel....
How NCBA Group’s digital loans grew by 13 per cent to Sh1.094 trillion in FY 2024
Apr 01, 2025 at 09:56 PM
NCBA Group announced its 2024 Full Year financial results in March 2025 exhibiting a strong show across all its core businesses in Kenya as well as in all its regional banking subs...
Emerald Platform: Safaricom’s newly launched premium customer service
Mar 31, 2025 at 02:12 PM
Safaricom has unveiled a premium customer engagement platform which has been designed to offer personalized services, exclusive rewards, and elevated care to customers....
Equity Group net profit grows 12 per cent to Sh48.8 billion, dividend up to Sh4.25
Mar 27, 2025 at 12:15 PM
Equity Group has recorded a 12 per cent increase in its profit after tax to Sh48.8 billion in its FY 2024 financial results as its diversified business model and prudent financial ...
Lipa Later goes into administration after Sh1.36 billion debt and equity financing
Mar 26, 2025 at 07:52 PM
Lipa Later, the buy-now-pay-later (BNPL) startup company which operates in Kenya, Uganda, Rwanda and Nigeria has now been out placed under administration....
KQ records Sh5.5 billion profit before tax after over 11 years of record losses but...
Mar 26, 2025 at 01:23 AM
Kenya Airways (KQ), recorded a pre-tax profit of Sh5.53 billion for the financial year ended December 31, 2024, compared to a loss of Sh22.86 billion the national airline made in 2...
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KCB Group acquires 75 per cent stake in former FKF boss Nick Mwendwa’s fintech
Mar 25, 2025 at 02:43 AM
KCB Group has signed a binding deal to acquire a 75 per cent stake in Riverbank Solutions Limited, a financial services technology firm offering payment solutions including mobile ...
Adulting Just Got Easier: Secure what you treasure without breaking the bank!
Mar 24, 2025 at 12:12 PM
Let's be real, adulting in Nairobi (or any major Kenyan city) is a whole vibe – building your career, chasing that side hustle, and trying to secure your financial future....
Equity Group Foundation gets Sh141.3 million to enable climate-smart farming
Mar 18, 2025 at 11:18 PM
Proparco has signed a deal with Equity Group that will see it get EUR1 million (about Sh141.26 million) to enable smallholder farmers in Kenya to adopt sustainable practices....
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Old Mutual Group profit after tax jumps by a whopping Sh1.1 billion in FY 2024
Mar 18, 2025 at 03:26 PM
Old Mutual Group’s net profit witnessed a massive jump of Sh1.1 billion to Sh1.3 billion during the 2024 full year, up from Sh200 million it recorded during a similar period in 2...
US-based HQ House brand sets second international base at Tatu City in Kenya
Mar 18, 2025 at 02:35 AM
HQ House brand, which is based in the United States of America, has officially opened its second outlet in the world at the Tatu City, a mixed-use special economic zone in Kenya....
KRA, private sector players seek solutions to tax-related challenges to investment
Mar 18, 2025 at 02:11 AM
Kenya Revenue Authority (KRA) held talks with the private sector in a bid to tackle key tax-related hurdles and seek ways to boost business competitiveness and grow investment....
KCB Group subsidiaries provide 30.3 per cent profit share as its Kenya unit fattens
Mar 17, 2025 at 02:00 PM
KCB Group regional subsidiaries (excluding KCB Kenya) share of profit for 2024 stood at 30.3 per cent as regional units posted double digit profit growth apart from Rwanda and Ugan...
NBK bounces back from huge loss to post Sh1.06 billion net profit in FY 2024
Mar 13, 2025 at 10:13 AM
National Bank of Kenya (NBK) has made a major financial turnaround from making an after-tax loss of Sh3.3 billion in 2023 to posting a net profit of Sh1.06 billion in the 2024 fisc...
Kenya’s active social media users growth dropped to 15.9 per cent in 2024 - Report
Mar 05, 2025 at 06:00 AM
The growth of active social media users in Kenya slowed down to 15.9 percent in 2024, compared to a 38.2 per cent expansion witnessed in 2023, according to a new report....
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KCB Group emerges top in sustainability reporting at the Kenya ESG Awards 2025
Mar 05, 2025 at 12:32 AM
KCB Group was feted for its commitment to Environmental, Social, and Governance (ESG) reporting during the 2nd Edition of the Kenya ESG Awards 2025 held on February 28, 2025....
