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I&M Group PLC delivers 34% growth in Profit after Tax for full year 2022

 I&M Group PLC has recorded KES 11.6 billion in profit after tax for the full year ending December 2022; a 34% increase in profitability...

Equity Group reports a record KES 46.1B net profit and a divided payout of KES 15.1B

In the midst of a global economic downturn with a global GDP growth rate projected at 2.9% for 2023, with a downside growth outlook...

DTB’s profit grows 54%, increases dividend by 67%, on course to expand East African branch

Diamond Trust Bank (DTB) has announced pre- tax profits of KShs 9.5 billion for the year ended 31 December 2022, a significant 44% increase...

NALA receives PSP License from Bank of Tanzania and commits to invest $1m into the country

NALA, a global payments company born in Tanzania, expanded from the UK and USA to Europe earlier this year. NALA has grown rapidly via...

Absa Group announces net zero targets as part of broader sustainability/sustainable finance goals

Absa Group, Africa’s largest funder of renewables, announced today its long-term ambition to reach Net Zero state by 2050 for scope 1, 2, and...

Equity Group ranked the World’s 4th Strongest Banking Brand

Equity Group, East and Central Africa’s largest financial institution, has enhanced its position as one of the strongest banking brands globally by scoring highly,...

German Cooperation and Stanbic Kenya Foundation to boost MSMES in Uasin Gishu

Stanbic Bank and Foundation in partnership with the German Development Cooperation are implementing the MSME resilience program. The Program, which was launched in 2022, is aimed...

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