Stories By Patrick Kambona
-1710953230.jpg)
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....
 (1)-1742300564.jpg)
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....
 (1)-1741123912.jpg)
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....
KCB, BII sign Sh12.9 billion deal to fund climate projects and women-led SMEs
Feb 24, 2025 at 02:35 PM
British International Investment (BII) has approved a USD100 million (Sh12.9 billion) Tier 2 capital facility to KCB Bank Kenya for lending to climate-linked projects and women-led...
JOSHUA MURIMA: Is the digital economy in Kenya an obstruction to development or an opportunity for innovation?
Feb 24, 2025 at 01:44 PM
Kenya’s digital economy is booming, but not everyone is invited to the party....
-1740150969.jpg)
Sh1.4 billion KPC pump station slated to boost product flowrate in Western Kenya
Feb 21, 2025 at 06:17 PM
Kenya Pipeline Company (KPC) has launched a new pump station at Ngema in Nakuru County which it says will improve the flowrate in the Western pipeline by 69 per cent....
-1738317904.jpg)
EABL posts 20 per cent increase in net profit to Sh8.1 billion, declares dividend
Jan 31, 2025 at 01:06 PM
East African Breweries (EABL) has realized a 20 per cent increase in its profit after tax to reach Sh8.1 billion in its half-year financial results for period ending December 31, 2...
-1737988082.jpg)
Equity Bank bags two ISO certifications
Jan 27, 2025 at 05:28 PM
Equity Bank has received two significant ISO certifications - ISO 27001:2023 for Information Security Management and ISO 20000-1:2018 for Service Management....
CFAO becomes the official distributor of Michelin, BF Goodrich tyres in East Africa
Jan 27, 2025 at 11:18 AM
CFAO Mobility Kenya has now become the official distributor of Michelin and BF Goodrich tyres in East Africa following its acquisition of Tyre Distribution Africa (TYDIA)...
Sakaja now sends hawkers to the Nairobi CBD backstreets, warns of prosecutions
Jan 09, 2025 at 01:16 PM
Nairobi City County Government has vowed it will prosecute hawkers who defy allocated roads where hawking of merchandise is allowed in the Central Business District (CBD)....
KQ expected to resume direct flights to Angola after high-level presidential talks
Jan 08, 2025 at 11:13 PM
Kenya Airways (KQ) is scheduled to resume direct flights between Kenya and Angola from March 2025, following high-level talks between Presidents William Ruto and João Lourenço....
Insider Gerald Nyaoma Arita starts his tenure as second CBK Deputy Governor
Jan 07, 2025 at 03:12 PM
Gerald Nyaoma Arita on Tuesday kicked off his tenure as the Deputy Governor of the Central Bank of Kenya (CBK) following his nomination by President William Ruto last year....
New law protecting borrowers from predatory debt collection tactics enacted
Jan 06, 2025 at 12:07 PM
Persons who took loans from non-deposit taking microfinance institutions can breathe easy as new law enacted on January 1, 2025 shielding them from exploitative debt collection sch...
