Month: March 2022
KCB Records Historic Rise In Profits To Hit Ksh34.2 Billion In 2021
KCB Group Plc recorded a historic 74 percent rise in profit after tax for the full year ending December 2021, riding on an...
BT Reporter2 Mins read
Carrefour Commits To Selling Cage-Free Eggs
Majid Al Futtaim has committed to only selling cage-free eggs across its Carrefour franchise in the region under a newly signed animal welfare...
BT Reporter2 Mins read
Basebone Reaches Millions Of New Users With Carrier Billing In Turkey
Over The Top (OTT) digital media services provider Basebone has reported unprecedented growth, on the back of an ambitious global expansion strategy, which...
BT Reporter1 Mins read
KEBS Approves New Standards For Steel And Steel Products
KEBS has approved four standards for steel and steel products. The standards will facilitate manufacturing and trade in quality steel products as well...
BT Reporter2 Mins read
CIC Back in Profit-Making Territory After Strong 2021
The group’s gross written premium excluding pension contributions increased to Ksh19.6 billion compared to Ksh16.9 billion at the end of 2020. Investment income...
MARTIN SIELE2 Mins read
Kenya’s Sokowatch Raises Ksh14 Billion, Rebrands to Wasoko
Led by Tiger Global, the world’s largest venture capital firm, and Avenir Growth Capital, the round includes participation from a host of leading...
BUSINESS TODAY3 Mins read
![Keroche founder Tabitha Karanja (l) with Joseph Karanja at a past product launch. Agreement on a new payment plan will see Keroche's Naivasha brewery reopened for production. [Photo/ Keroche]](https://businesstoday.co.ke/wp-content/uploads/2022/03/tabitha-karanja_2_0.jpg)
Relief as Keroche, KRA Strike Deal
The taxman, who is demanding a total of Ksh22.79 Billion in unpaid taxes from Keroche, further noted that the new payment plan sets...
MARTIN SIELE2 Mins read
![Digital credit services will be required to disclose interest rates, late payment and rollover fees before issuing the loans. [Photo: REUTERS/Thomas Mukoya]](https://businesstoday.co.ke/wp-content/uploads/2022/03/mobi-635x420-1.jpg)
New Rules for Loan Apps as CBK Sets Compliance Deadline
With the new regulatory framework, they will be required to disclose interest rates, late payment and rollover fees before issuing the loans. The...
MARTIN SIELE1 Mins read
Covid Tops Hospitality, Leisure And Tourism Industry Risks
Covid-19 is the biggest concern for companies in the hospitality, leisure and tourism industry, according to the Allianz Risk Barometer 2022. This risk...
BT Reporter3 Mins read
Sidian Opens Its 43rd Branch In Ruiru
Sidian Bank has launched its 43rd branch in Kamakis, Ruiru, Kiambu County, along the Eastern Bypass. The lender says that the branch is...
BT Reporter2 Mins read
