Growth was driven by increased transactional activity and higher loan volumes KCB Group PLC after-tax profit grew 11% to KShs. 5.8 billion in the first quarter of 2019. Stronger non-funded income lines, ..
The Coca-Cola Company announced that it will maintain its majority stake in Coca-Cola Beverages Africa for the foreseeable future. With the change, Coca-Cola will begin presenting the financial statements ..
Cytonn Asset Managers Limited, CAML, the regulated affiliate of Cytonn Investments, has received two licenses; for the Cytonn Personal Retirement Benefits Scheme and the Cytonn Income Drawdown Fund from ..
As E-commerce continues to thrive in Kenya, e-tailers continue to stream in and the latest kid on the block is Kasha, an East African E-commerce platform for women by women. The launch that officially ..
Equity and Safaricom have signed a business pact that aims to see both parties collaborate on delivering critical services using an innovative combination of technology and finance. Projects likely to be rolled ..
KCB will inherit Imperial bank without paying premium after a period of receivership under the supervision of Central Bank Of Kenya. According to reports, KCB will pay Sh10 to acquire five branches and a portion ..
You will have to dig a little bit deeper into your pocket for a bottle of beer if corporate tax rises from 30 percent to 35 percent for firms with more than the annual income of more than 500 million, ..
Equity’s Fintech innovation and digitization have powered rapid growth of Diaspora banking boosting the total revenue income by 38%. Diaspora transaction volumes grew by 196% to Kshs 107 Billion while ..
Harambee Sacco is now banking on technology to curb the growing rates of cyber fraud in financial institutions. The move by the institution comes at a time most institutions continue to lose money for lack ..
Family businesses in Kenya have a competitive advantage in disruptive times, a survey has revealed. Even as most family businesses feel vulnerable to digital disruption, these businesses more than any other ..
The push by Kenyan legislators to relax Anti-Money laundering laws will attract increased international scrutiny, heightened financial pressure or even see Kenya’s banking sector cut off from the global ..
We know banks to be reservoirs which hold money. In return, they earn by charging service fees. As such, you don’t have to scratch your head trying to find a safe spot to stash your money. After depositing ..
A few days ago, the Kenya National Bureau of Statistics (KNBS) released its inaugural Gross County Product (GCP) report. The GCP is supposed to measure economic activities at the county level, just like ..
A recently released report on Gross County Product (GCP) shows that Nairobi contributes 21.7 per cent to Kenya’s growth hence the largest contributor to Kenya’s growth. This settles the long-running ..
Today everyone wants to be successful. There are a lot of opportunities available for those who are willing to build a successful career and get awesome growth. If you are thinking about starting up your ..
Use of the right technology is the only way to get specific business related challenges solve where manpower alone cannot help you get desired outcomes. Either they are personal or business problems; latest ..
For ten years straight, Business Daily has been shining light on Top 40 under 40, be they men or women, people who have made great impacts in different sectors of the society, including but not limited ..
Microsoft co-founder, Paul G. Allen, who together with his childhood friend Bill Gates started Microsoft before becoming a billionaire philanthropist who invested in conservation, space travel and professional ..
British security printing firm De La Rue International will retain the Sh10 billion-a-year tender to print Kenya’s new-look currency after the Court of Appeal reversed High Court decision that nullified ..
The latest financial service App, integrated with social and lifestyle features, complete with its own keyboard, has been up and running for well over three weeks now. In the course of the almost one month ..
Have you ever tried a keyboard for your Android device other than the phone’s stock keyboard? Probably not. This I say because every single human who has ever given me her phone for things like inputting ..
Kenya’s most popular food community partners with one of the world’s largest mobile identity and communication platforms to enable faster user registration and onboarding. EatOut has partnered with Truecaller to make ..
The new era of demolitions of illegal structures started by demolitions of some structures in Kibera that were said to have occupied road reserves. Kenyans went frenzy over the demolitions, asking the government ..
In the tech world, at any given time there is always a buzzword that marketers use to market already existing technology. For example, when guys wanted to market data, they branded it Big Data, when they ..
Kenya Airways has called on US investors and the Kenyan business community to take advantage of the non-stop flights to New York that will link Africa, the United States and the rest of the world. The inaugural ..
Kenyan bank notes will get a new coat of varnish to reduce wear and tear and prolong their life in circulation. British printer De La Rue, which mints Kenyan currency at its factory in Ruaraka, Nairobi, ..
French retailer Carrefour will open its sixth store at Galleria Shopping Mall in July taking up space previously occupied by struggling retailer Nakumatt. Carrefour, which entered the Kenyan market in 2016, ..
Contending with Informal Markets in Africa by Ben Leo, CEO of Fraym Anyone who aims to maximize their business opportunities in Africa will have to capture the informal trade. Even in nations like South ..
MultiChoice Africa has announced two high-profile executive appointments with two East Africans taking up senior leadership positions within the business. These key appointments will further strengthen ..
Craft Silicon limited, a 360 degree financial solution provider in banking software, micro finance software, mobile and switch solution in the global market through its foundation has expanded its free ..