FEATURED ARTICLE
This section offers a critical and insightful take on various issues in the news – economy, business, markets and politics.
Co-op Bank Half Year Profit Drops by 3.6% to 7.2bn
The Co-operative Bank of Kenya on Thursday posted a Ksh7.2 billion net profit for the first six months ended June 2020, representing a...
Samuel Gitonga1 Mins read
Manufacturers Take On KRA Over Unpredictable Tax Measures
Manufacturers on Thursday raised concerns on shrinking market share due to, among others, unpredictable tax measures making industry uncompetitive, and derogated East African...
Samuel Gitonga2 Mins read
KEPSA & Mastercard Launch Fund For MSMEs Hit by COVID-19
The Kenya Private Sector Alliance (KEPSA) and the Mastercard Foundation on Thursday launched a fund to provide loans to a maximum of 400...
Samuel Gitonga2 Mins read
StanChart, Airtel Strike Deal to Link Their Digital Payments Channels
Customers can now send or receive digital payments via Standard Chartered Bank directly to their mobile phones, as well as cash-out their funds...
Samuel Gitonga2 Mins read
KCB Half Year Profits Decline by 40% Over COVID-19 Defaults
KCB Group Plc on Wednesday announced a 40.2% dip in profits through the first half of 2020 to Ksh7.6 billion from Ksh12.7 billion...
Samuel Gitonga1 Mins read
NBK Sinks Deeper in the Red After New Tax Regime Devours Profits
The National Bank of Kenya (NBK) has posted Ksh186 million in profit before tax for the first half of the year ending June...
BT Correspondent1 Mins read
M-Shwari Transfers Loans Below Sh2,000 to Fuliza
Stung by defaults, NCBA and Safaricom have resorted to raising the minimum amount of money a user can borrow from M-Shwari to Ksh2,000,...
BT Reporter2 Mins read
Tuskys Owes Suppliers Sh6.2bn
Cash strapped supermarket chain Tuskys owes suppliers Sh6.2 billion, a letter written by the retailer to the Competition Authority of Kenya (CAK) shows....
Samuel Gitonga1 Mins read
