CBA
![Former President Uhuru Kenyatta (l) pictured with President William Ruto at State House, Nairobi. [Photo/ Radio Africa Group]](https://businesstoday.co.ke/wp-content/uploads/2023/01/unnamed-17.jpg)
Multi-Million NCBA Deal Returns to Haunt Uhuru
The 2019 exemption of NIC and Commercial Bank of Africa (CBA) from share sale tax by the National Treasury following their merger has...
BUSINESS TODAY2 Mins read
NCBA Q1 Net Profit Rises To Sh2.84 Billion
NCBA Group PLC has recorded an after-tax profit of Ksh2.84 billion for the first quarter ending March 31, 2021. This was an increase...
BT Reporter2 Mins read
NIC, CBA Cement Partnership Becoming NCBA Group PLC
The Commercial Bank of Africa and NIC Bank are set to begin operations as one entity, effective 1st October. Following their merger approval...
Kevin Namunwa1 Mins read
A 1930 Ford Model Wins CBA’s Classic Cars Competition
John Wroe's 1930 Ford Model A won the 2019 CBA Concours d'Elegance following brilliant displays at the Nairobi Racecourse. The CBA Africa Concours...
Kevin Namunwa2 Mins read
CBA, NIC Merger to Take Effect on Monday
Commercial Bank of Africa (CBA) and NIC Bank will begin operating as one entity on October 1, Central Bank of Kenya has announced....
BT Reporter1 Mins read
Omtatah Seeks to Halt CBA-NIC Sh350m Tax Waiver
Human rights defender Okiya Omtatah is challenging the decision to allow Commercial Bank of Africa (CBA) and NIC Bank not to pay tax...
BT Reporter1 Mins read
NIC Bank Pays Out Sh5bn as Medium Term Bond Matures
A medium-term note issued by NIC Bank in 2014 is set to mature, with the lender to pay out Ksh5 billion to bondholders...
Mike Njoroge2 Mins read
Fuliza M-Pesa to the rescue of users with insufficient funds
Safaricom has rolled out Fuliza M-Pesa service, an innovation that allows M-Pesa customers to complete their transactions when they have insufficient funds in...
Brenda Gamonde1 Mins read
Tuskys employees get 8% pay increase
More than 1,800 unionisable workers at Tusker Mattresses are set to enjoy an 8% salary increment, thanks to a new deal reached with...
BT Correspondent2 Mins read
