SBM Bank has posted a net profit of Sh12.4 million in quarter one (Q1) of this year, an improvement from the Sh370 million loss recorded during a similar period last year.
In the review period, the bank’s total assets expanded to Sh102.9 billion, an improvement from Sh90.6 billion.
While its customer...
Twiga Foods, an online business-to-business (B2B) e-commerce platform, has entered into a deal with three food distribution firms to strengthen its fast-moving consumer goods (FMCG) procurement capabilities.
Under the deal with Jumra (Nairobi and Central regions), Sojpar (Western region), and Raisons (Coastal region), Twiga Food’s parent company, Twiga Holdings, will also expand upcountry and...
RS South Africa, a global product and service solutions provider for industrial customers, committed to empowering industrial customers and suppliers involved in designing, building, or maintaining industrial equipment and facilities, has launched the new RS Export Mobile App.
Whatever your industry, managing operations on-the-go has just become easier. In the...
Kenya’s residential market booms: opportunities and challenges aheadKenya’s residential market is experiencing remarkable growth across the income spectrum, driven by increasing demand from local buyers, expatriates, and international investors Kenya’s residential market is thriving, driven by rising demand from buyers, expatriates, and international investors. The luxury and affordable housing markets are having a moment with potential buyers....
African Leadership Magazine (ALM) (www.AfricanLeadershipMagazine.co.uk) is pleased to unveil its highly anticipated Top 25 African Finance Leaders 2025 list — a prestigious editorial recognition that honours excellence, innovation, and transformative leadership within Africa’s financial services and economic governance landscape. This year’s cohort comprises distinguished finance ministers, central bank governors, CEOs of leading financial institutions, and other influential figures...
Community Systems and Preventive Care Key to Achieving Universal Health Coverage (UHC), Says Principal Secretary (PS) Mary MuthoniThe summit provided an opportunity to review key milestones, share lessons learned, and explore strategies to sustain the gains made so farNAIROBI, Kenya, April 16, 2025/ -- Principal Secretary, State Department for Public Health and Professional Standards, Mary Muthoni, has...
Africa’s Business Heroes Launches 2025 Call for Applications, Building on Unprecedented MomentumBeyond funding, ABH finalists gain unparalleled media exposure and access to an exclusive network of Africa’s top business leaders, investors and fellow entrepreneurs Following the success of its 6th Summit and Grand Finale held in Kigali, Africa’s Business Heroes (ABH) (www.AfricaBusinessHeroes.org) – the Jack Ma Foundation’s flagship philanthropic...
Dr James Mwangi has been conferred the Freedom of the City of London, one of the world’s oldest and most respected civic honours.
The award celebrates Dr. Mwangi’s decades-long commitment to financial inclusivity, equitable economic development, and empowerment of underserved communities across Africa.
Dr. Mwangi joins an exclusive list of global changemakers who...
The Energy and Petroleum Regulatory Authority (EPRA) and energy and petroleum stakeholders have launched a nationwide initiative dubbed the Kaa Safe Mtaani campaign, against heightened conversations on energy safety, marking a pivotal moment in Kenya’s efforts to tackle energy-related hazards.
According to the Energy and Petroleum Statistics Report, energy-related incidents increased from 116 to...
Peak and Dale Limited, an integrated tech, marketing and communications agency, has appointed Heri Nyaki as its new General Manager.
As General Manager, Heri will focus on enhancing the agency’s service offerings, fostering a culture of creativity and driving strategic partnerships that will accelerate growth.
Her appointment comes as the company...
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