National Bank of Kenya (NBK) has posted a profit after tax of Ksh828 million for the financial year ending December 31, 2022.
The Bank maintained strong operational performance, reporting an operating income growth of 13% to Ksh11.7 billion compared to Ksh10.2 billion recorded in 2021. The impressive revenue growth was contributed by both net interest income and non-funded income.
During the...
With medical technology continuing to evolve and offer the latest solutions and treatments to patients, Samsung Electronics Switzerland has been aiding the advancement by developing its products.
Samsung collaborated with Bottneuro AG, a Swiss MedTech startup dedicated to improving the diagnosis and treatment of Alzheimer’s disease and to bring an innovative and enhanced diagnostic and treatment solution to patients. Bottneuro...
Standard Chartered Bank Kenya Limited has released its results for the year ended 31 December 2022.
Kariuki Ngari, Chief Executive Officer, said: “We have delivered a strong set of results in 2022, with profit before tax up by 36 per cent, with business momentum driving top-line growth of 16 per cent. Our Wealth Management, Transaction Banking and Financial Markets...
Embakasi MP James Gakuya PHOTO/Courtesy
By Vincent Munga
Foreign investors that have followed right procedures in setting their businesses in the country should be protected by the government of the day, this is according to National Assembly's Trade, Industries and Cooperatives Committee.
Committee chairman James Gakuya says his team will make recommendations that will take care of the interests of local and...
The African Suite at the 2023 Middle East Energy Exhibition and Conference in Dubai played host to the soft launch of the maiden edition of the African Energy Expo. Scheduled for Feb 2024 in Kigali, Rwanda, the African Energy Expo is a first-of-its-kind trade show, and an extension of Middle East Energy's 48-year legacy, aimed at promoting sustainable, innovative...
Profitability grew by 26% bolstered by double digit growth in revenue and customer loans, increased operational efficiencies and judicious risk management.
Newly appointed Chief Executive signals a new business growth strategy phase.
Stanbic Holdings Plc has announced a KES 9.1 billion after-tax profit for its financial year ended 31 December 2022.
The listed financial services provider, a member of Standard Bank...
Period poverty/ActionAidUK
Kenyan women have launched the #StainNotShame campaign targeting everyone to raise awareness on period stigma and stop period shaming.
Research by Menstrual Hygiene Day, a global advocacy platform for non-profit organizations and government agencies to promote menstrual health, reveals that 65% of females in Kenya are unable to afford sanitary pads and one million school-age girls miss an average...
United States’ nominee for World Bank Group President, Ajay Banga began his global tour on Monday, with his first stop in Abidjan, Cote d’Ivoire where he met the African Development Bank (http://www.AfDB.org) Group President Dr Akinwumi Adesina, senior management and Board of Directors.
Banga spoke about the need for the World Bank Group to develop a strong partnership with the...
International Women’s Day is celebrated each year on 8 March to recognise the unique roles and achievements of women, and to promote and assess progress towards gender equality and women’s empowerment. This year, the commemoration theme focuses on innovation, technology and gender equality. It provides a further opportunity to celebrate women and girls who champion innovation; to explore solutions...
Investisseurs & Partenaires (I&P), through its dedicated program I&P Development (IPDEV 2), is proud to take part in the launch of Inua Capital, a gender-lens and impact-focused investor that provides patient growth capital to small- and medium-sized enterprises in Uganda.
Inua Capital has just reached the close of its flagship evergreen fund, Inua Impact Fund, with over US$8 million...
