BUSINESS
This section give a comprehensive coverage of business news in Kenya – ranging from companies, industry, economy, markets, agriculture and the NGO world.
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Kenyan Billionaire Offers Higher Bid in Battle for Bamburi Cement
Savannah Clinker Ltd (SCL), a Kenyan building and construction sector company, has placed a sweet counter-offer bid to acquire up to 100% of the...
Diamond Trust Bank Adopts UN Principles for Responsible Banking
Diamond Trust Bank (DTB) has become an official signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking developed through a collaboration between banks worldwide and the United Nations Environment Programme Finance Initiative (UNEP FI).
Safaricom Investment Co-operative Bets on Rebrand to Stimulate Growth
Safaricom Investment Co-operative has received approval from the Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development to adopt a new name, logo and colours.
Quickmart Launches e-Commerce Platform as it Marks 18 YearsÂ
Leading retail chain, Quickmart, is celebrating its 18 year anniversary in the Kenyan market - rising from underdog to a top three player.
Absa Bank Goes Big on Agency Banking in Expansion Drive
Absa Bank Kenya PLC plans to expand its reach with more than 17,000 agency service outlets across the country in two years, making a return to markets that it abandoned seven years ago as it closed its branches.
High Avocado Exports Push Kakuzi Profit to Ksh507 Million
Listed agri-business firm and superfoods producer Kakuzi Plc (NSE: KUKZ) has announced a Ksh507 million half-year pretax profit on the back of a general market recovery for its macadamia nuts and avocado superfoods exports business.
KCB Steps Up its Focus on ‘Responsible’ Investments
KCB Group screened loans worth Kshs615 billion for environmental and social risks in 2023 as the bank races to support projects with positive environmental impacts.
KQ Reveals Strategic Secrets as it Posts First Half Year Profit in a Decade
Kenya Airways has announced a significant milestone in its journey towards profitability, marking the first time the airline has reported a profit after tax since 2013.
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