Highlights
On 13th December 2024, energy exchange with Tanzania commenced, marking an important milestone in enhancing regional interconnectivity within the East African Community (EAC).
Electricity generation increased by 6.13% compared to the previous financial year, with peak demand reaching 2,288.35 MW, up from the 2,170.56 MW recorded in the...
CIC Insurance Group Plc is pleased to report a Profit Before Tax of Kshs 3.99 billion for the year ended December 2024, compared to Kshs 2.54 billion recorded in 2023, representing a 57% growth. This strong performance was largely attributed to growth in insurance revenue and strong investment returns, which grew by 201â, from Kshs 2.9 billion...
Listed superfoods producer Kakuzi Plc (NSE: KUKZ) has reiterated the need to reduce the national dependency on European markets for agribusiness trade by exploring avocado exports to the United States of America.
Speaking when he addressed delegates at the Perishable Logistics Africa 2025 conference at a Nairobi hotel, Kakuzi PLC Managing Director Mr Chris Flowers underscored the need...
While releasing the full year 2024 results, Dr. James Mwangi, Equity Group Holdings Plc Managing Director and CEO, said, “We are proud of the resilience demonstrated by the Group amidst a challenging global economic landscape. Our financial strength gives us the flexibility to seize opportunities as the regional economy presents diversified levers for growth. The Group’s liquidity...
I&M Group PLC has recorded a Profit Before Tax of KES 20.8 billion for the period ending 31 December 2024, representing 25% growth driven by increased operating income and strategic focus on MSME lending and digital transformation.
The MSME loan book more than doubled, reinforcing the Group’s commitment to catalysing economic growth and job...
The National Oil Corporation of Kenya Ltd (NOC) has entered into a strategic partnership with RUBiS Energy Kenya, marking a significant milestone in the enhancement of Kenya's oil and gas sector. This collaboration follows the successful completion of the Specially Permitted Procurement Procedure (SPPP) for a non-equity strategic partner, in compliance with the Public Procurement and Asset...
The World Rally Championship (WRC) Safari Rally is a prestigious global motorsport event that not only puts Kenya on the international rallying map but also serves as a significant driver of local and international tourism. As the 2025 edition unfolds, Finsco Africa proudly stands at the forefront, sponsoring two rally cars and reinforcing its commitment to both...
Adverse weather conditions and foreign currency fluctuations, coupled with Geopolitical tensions in the Middle East, occasioned a difficult trading environment for listed superfoods producer Kakuzi Plc (NSE: KUKZ) last year, leading to a pre-tax loss of Ksh 167 million, the firm has announced.
In its 2024 financial-year trading results released today, the Kakuzi Board has recommended...
AIG Kenya has rebranded to NCBA Insurance Company after it was acquired by NCBA Group last year.
The insurer now joins six other subsidiaries under the Group’s umbrella.
“NCBA-IG will now become more competitive with amplified positioning in the market and inspire growth as a trusted insurance solutions partner to deliver...
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