Headlines, Market News

Safaricom Makes History As The First Company In The Region After Earnings Hit Ksh 140 Billion
Safaricom
Safaricom (NSE: SCOM) PLC has announced a KShs 139.9 Billion in its earnings before interest and tax in the period ending ...

Safaricom Investment Co-operative Appoints New CEO
Safaricom
The Board of Safaricom Investment Co-operative has appointed Churchill Winstone Ochieng’ as the new Chief Executive Officer. Churchill brings on board over ...

Amaiya by Mi Vida Is 70% Sold As The Brand Banks On Its Track Record
Mi Vida
Amaiya by Mi Vida, a mid-market apartment complex situated within the Garden City Development is 70% pre-sold, Mi Vida Homes has announced. ...

Ascent Rift Valley Fund II Secures Significant Minority Stake In Kenya’s Leading Packaging Business
Packaging
In a strategic move to bolster growth and expand its market presence, Dune Packaging Ltd, a leading packaging solutions provider in East ...

Scangroup Makes Ksh 130 Million In Profits As The Business Struggles
Scangroup
WPP Scangroup PLC has released its financial results for the year ended 31 December 2023, recording a profit of KES 130 million ...

Former Jumia Kenya CEO Takes Over Twiga
Twiga
Twiga Foods has announced the appointment of Charles Ballard as its new Chief Executive Officer, following the completion of a comprehensive global ...

Equity Bank Opens A New Branch In Mariakani
Equity Bank
Equity Bank has opened its newest branch in Mariakani, strategically located along the bustling Mombasa – Nairobi Highway. This expansion is part ...

Absa Life Assurance Records 90% Growth In Headline Earnings
Absa
Absa Life Assurance Kenya (Absa Life), an Absa Group subsidiary, reported a 90% increase in headline earnings to KES. 862 million for ...

NCBA Tanzania’s 2023 Growth Ups By 157% With A Remarkable Growth In Deposits
NCBA Tanzania
NCBA Tanzania has unveiled its 2023 full-year financial results showing a remarkable improvement in terms of growth, deposits, and assets.Profit After ...

Kingdom Bank Opens A New Branch In Gikomba
Kingdom Bank
Kingdom Bank has opened its newest branch in Gikomba, Nairobi to serve the growing bank clientele among the Micro, Small, and Medium ...



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