Co-op Bank Posts Ksh22.6B Profit in Their Best Year Ever
Co-operative Bank recorded its strongest performance ever in 2021, its full year results reveal. The firm saw profit before tax grow 59% to...
MARTIN SIELE1 Mins read
![KCB Group CEO Joshua Oigara (left) and his Equity counterpart James Mwangi. [Photo Edit/ Business Today Kenya]](https://businesstoday.co.ke/wp-content/uploads/2022/03/Untitled-design.jpg)
KCB Joins Equity in Scramble for DRC
The Democratic Republic of Congo (DRC) is fast shaping up to be the new frontier for Kenya's financial giants. First, it was Equity...
MARTIN SIELE2 Mins read
CIC Back in Profit-Making Territory After Strong 2021
CIC Insurance Group Plc on Tuesday, March 15 announced its full year results for 2021, bouncing back into profit-making territory after a torrid...
MARTIN SIELE2 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 Keroche tax saga that has captured Kenyans' attention in recent weeks got a new chapter on Tuesday, March 16 after the brewer...
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
Digital lenders will be required to comply with a raft of new licensing provisions by August 2022 as the Central Bank of Kenya...
MARTIN SIELE1 Mins read
Toyota Kenya is Now CFAO Motors, Here’s Why
Toyota Kenya Limited, a wholly owned subsidiary of Toyota based in Nairobi, is changing its name in a bid to enable enhanced distribution...
MARTIN SIELE1 Mins read
![Manufacturers and traders who will feel the pinch of the increased transport costs could also pass on the cost to consumers. [Photo/ KARA]](https://businesstoday.co.ke/wp-content/uploads/2022/03/road.jpg)
Fuel Hike: Transporters Increase Charges in Response
Moving cargo in Kenya is set to become more expensive after the Kenya Transporters Association (KTA) on Tuesday, March 15 requested its members...
MARTIN SIELE1 Mins read
![Absa Bank Kenya CEO Jeremy Awori at a past event. The bank significantly reduced its operating expenses in 2021. [Photo/ Kenya Insights]](https://businesstoday.co.ke/wp-content/uploads/2022/03/944EA180-B5A1-4A6F-A4F5-6765090F69F5.jpeg)
Absa Kenya Records Ksh10.9B Profit in Massive 161% Jump
In a busy week for listed banks as they announce their full year 2021 results, Absa Kenya continued the prevailing trend as it...
MARTIN SIELE1 Mins read
