Equity Group to Venture into Insurance Business in the DRC
Equity Group Holdings will seek approval from shareholders to incorporate two insurance business units in the Democratic Republic of Congo(DRC). This is as...
JACKSON OKOTH3 Mins read
Paramount Bank Q1 Net Profit Drops 13.9% to KSh80.3Mn
Paramount Bank saw its net profit for the period ended 31st March 2026 drop 13.9% to KSh 80.35 Million from KSh 93 38...
JACKSON OKOTH1 Mins read
KenGen Seeks Nod from EPRA to Supply Power to its Green Energy Park
KenGen is seeking approval from Energy and Petroleum Regulatory Authority(EPRA) to transmit and distribute electricity within its own Olkaria Green Energy Park. The...
JACKSON OKOTH2 Mins read
Family Bank Q1 2026 Net Profit up 53% to KSh1.65Bn
Family Bank, lined up to list at the Nairobi Securities Exchange(NSE), posted a 53% rise in net profit to KSh 1.65 Billion, its...
JACKSON OKOTH2 Mins read
AI Growth Driving Global Demand for Data Storage Solutions
The rapid growth of Artificial Intelligence is driving unprecedented global demand for data storage solutions, with businesses, governments, and institutions rushing to expand...
JACKSON OKOTH2 Mins read
Standard Chartered Bank Kenya Q1 Net Profit Narrows to KSh 3.6Bn
Standard Chartered Bank Kenya released its Q1 earnings, posting a 26.3% fall in Earnings Per Share(EPS)-an indicator of profitability- to KSh 9.47, as...
JACKSON OKOTH3 Mins read
Mitsumi Invests US$2M in AI Cloud Platform For Kenyan Innovators
Mitsumi, a technology distributor, is investing US$2 million in artificial intelligence cloud platform designed to give young Kenyan innovators the tools, space and...
JACKSON OKOTH2 Mins read
Kenya Power Earns KSh 382M e-Mobility Revenue
Kenya Power, the state-owned electricity distributor, has announced a record growth in income from the e-mobility sector with sales surging by over 113%...
JACKSON OKOTH3 Mins read
