Month: May 2022
NCBA Records Ksh3.41 Billion Profit After Tax For First Quarter Of 2022
NCBA Group PLC has recorded a profit after tax of Ksh3.41 billion for the quarter ending March 31, 2022, an increase of 20...
BT Reporter2 Mins read
![The joint venture will have operations in at least 29 African countries. [Photo/ File]](https://businesstoday.co.ke/wp-content/uploads/2022/05/images-63.jpeg)
New Pan-African Insurance Giant Born in Sanlam, Allianz Joint Venture
In Kenya, both Sanlam and Allianz have a presence. Allianz completed the acquisition of a majority stake in Kenya's Jubilee Insurance in 2021...
MARTIN SIELE1 Mins read
Bankers, Payments Firms, Retailers Up In Arms Against Fraudsters
Consumer education will play a central role in addressing emerging security challenges. During the launch of the Kaa Chonjo! (Be Alert!) card, mobile...
BT Reporter2 Mins read
Millions Risk Losing NHIF Cover In Proposed Huduma Namba Law
The National Hospital Insurance Fund (NHIF) has warned that millions of its members and their dependants risk losing their cover in case a...
BT Reporter1 Mins read
HELB Extends 100% Penalty Waiver
The waiver dubbed 'Kamilisha Malipo ya Helb' was originally slated to run from 1st March 2022 to 30th April 2022.
MARTIN SIELE1 Mins read
![Nairobi-based fintech and retail firms feature prominently on the list. [Photo/ Arc]](https://businesstoday.co.ke/wp-content/uploads/2022/05/images-61.jpeg)
10 Kenyan Firms Ranked Among Africa’s Fastest Growing Companies
Companies on the list were ranked based on the highest annual compounded growth in revenues (CAGR) between 2017 and 2020.
MARTIN SIELE1 Mins read
![As a broadcaster, KBC has struggled to keep up with private sector players despite its envied content archives, national reach and once-dominant status. [Photo/ NMG]](https://businesstoday.co.ke/wp-content/uploads/2022/05/images-60.jpeg)
Struggling KBC Fails to Pay Ksh984M Pensions
In addition to the pensions, KBC has also not remitted statutory deductions totaling Ksh464.6 million, cooperative liabilities of Ksh28.3 million and Kenya Revenue...
MARTIN SIELE1 Mins read
Western Kenya Farmer Minting Millions From Herbs And Spices
 In Siaya County of Western Kenya, a farming revolution is taking shape, chaperoned by a former civil servant who has transformed swathes of...
BT Reporter4 Mins read
![Safaricom has informed merchants that new changes to take effect from the end of June will see customer details hidden. [Photo/ Gotta]](https://businesstoday.co.ke/wp-content/uploads/2022/05/InShot_20210422_172313306.jpg)
Lipa na M-Pesa: Why Customer Names Will be Hidden From June
Safaricom and its partners are required to take action to minimise the use and transfer of sensitive data such as names and phone...
MARTIN SIELE1 Mins read
Standard Chartered To Sell Its Ksh222 Million Iconic Building In Mombasa
The Standard Chartered Bank Kenya is selling its iconic Treasury Square building in Mombasa. The building, which housed its first branch opened in...
BT Reporter1 Mins read
