KCB Group Plc released 3Q23 results yesterday, marking a 1.7%y/y slide in EPS to KES 9.31 with net income coming ...
StanChart’s Q3 EPS Up 11.8% On Loan Repricing, Liquidates 49.9% Of GoK Securities
StanChart released 3Q23 earnings, posting an 11.8%y/y growth in EPS to KES 25.77. The performance comes on the back of ...
Absa Bank Kenya Records 15% Increase Net Earnings To Kshs 12.3 Billion
Absa Bank Kenya PLC has reported net earnings of Kshs.12.3 billion for the nine months ended 30 September 2023, a ...
NCBA Group PLC Reports Profit After Tax Growth Of 14.4% To Ksh 14.6 Billion
NCBA Group PLC has posted a profit after tax of KES 14.6 billion in its Q3 results ending September 30th 2023, which is a 14.4 ...
Family Bank Appoints New CEO, Rebecca Leaves To Pursue Other Interests
The Board of Directors of Family Bank has announced that Managing Director & Chief Executive Officer Rebecca Mbithi will be transitioning from ...
Kenya Airways Resumes 5 Weekly Flights From Nairobi To Bangkok
National carrier Kenya Airways (KQ) has announced the resumption of flights to Bangkok starting 21 November 2023 operating the route five times ...
Equity Group Says It Chose Customers Over Profits As Loan Book Expands By 26%
In a macro-economic environment characterized by high inflation, interest rates and a strengthening US Dollar against local currencies that has hit the ...
IMF Support Shields Forex, relieving 2024 Eurobond Stress
During the week, the International Monetary Fund (IMF) team and Kenyan authorities reached a staff-level agreement on;Kenya’s sixth review of the ...
T-Bill Subscription Moves Past 900% As Investors Rush For Short-Term Papers
Treasury bills were for the third consecutive week with the overall subscription coming in at 208.32%, down from 255.64%. The ...
Equities Turnover Ups 15.9% To End At Ksh 146.6 Million
Equities Turnover increased by 15.9% to KES 146.6Mn up from KES 126.5Mn the previous trading day. Foreign investors were ...