KCB Bank Profits Up

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KCB Bank Profits Up

Special Correspondent - May 17, 2018

KCB Group #ticker:KCB posted a 14.1 per cent net profit rise in the first quarter ended March buoyed by increased lending. Kenya’s biggest bank said...

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The recent Liaison Agreement between the STS Association and the DLMS User Association marks a pivotal step in the evolution of interoperable, secure and future-ready metering systems. By aligning STS token technology with the widely adopted DLMS/COSEM framework, this collaboration is set to bridge the gap between legacy infrastructure and next-generation smart metering. The partnership reflects a shared vision to enhance interoperability, strengthen smart prepayment integration, and unlock greater value across the global metering ecosystem. STS Association, in partnership with ESI Africa (part of VUKA Group), and DLMS User Association, is hosting a free webinar on this topic: Securing the bridge between legacy and smart Thursday, 7 May 2026 | 11:00 AM – 12:00 PM Register: https://apo-opa.co/4cfEUb5 What you will learn Industry experts will unpack how this strategic alignment enables seamless integration between your trusted prepayment systems and advanced data exchange protocols. Attendees will gain insight into: How STS tokens can be securely transported using DLMS/COSEM The role of Generic Companion Profiles in enabling interoperability How coordinated roadmaps will shape the future of token technology and smart metering The expanding application of these standards beyond electricity into water, gas and time metering Practical benefits for utilities, manufacturers and system integrators navigating the transition from legacy to smart environments Introducing the Panel Lance Hawkins-Dady – STSA Board Chairman Franco Pucci – STSA Technical Consultant Don Taylor – STSA Independent Director Sergio Lazzarotto – DLMS User Association, President Join STS Association and ESI Africa to explore how this landmark collaboration is securing the bridge between legacy systems and smart innovation. Discover how aligned standards can simplify integration, enhance security and future-proof your metering strategy. Register now: https://apo-opa.co/4cfEUb5

Securing the bridge between legacy and smart

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The LAPTRUST Defined Benefit (DB) Scheme saw net assets rise to Sh28.1 billion, up from Sh26.99 billion in 2023, reflecting the scheme’s consistent investment strategy. The County Pension Fund (CPF) posted the most significant growth, with net assets surging to Sh51.67 billion from Sh36.97 billion. CPF Group Group MD and CEO Hosea Kili credited the performance to prudent fund management, a deep understanding of member needs, and a focus on financial literacy through innovation and partnerships. The Group declared an 8.8 percent interest rate despite macroeconomic volatility. Active membership rose to 94,116 following the enrolment of over 17,500 new members, while the sponsor base expanded to 194 institutions. Other schemes under the Group also recorded positive growth, with the Salih Fund attracting 9,895 members, the Post-Retirement Medical Fund increasing its assets from Sh32.8 million to Sh55.2 million, and the Individual Pension Scheme posting a 42.4 percent rise in assets to Sh4.11 billion.

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Tag: Kcb group

KCB Bank Profits Up

MOST POPULAR

Craft Silicon’s BNPL hits Kes200mn in transactions

African steel demand is expected to hit 3M tonnes per year...

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Securing the bridge between legacy and smart

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