profit
KCB profit slows as interest rates law cuts income by Sh2 billion
The impact of interest rate capping in a tough economic environment and hyper-inflation in South Sudan takes a toll on interest income
BT Reporter2 Mins read
Regional subsidiaries boost growth in Crown Paints profit
Crown Paints Group’s regional hubs across Tanzania, Uganda and Rwanda posted an improved performance in 2016 that helped to grow the company’s revenues...
BUSINESS TODAY1 Mins read
Nation Media Group shares rally to a six month high
Shares of Nation Media Group on Wednesday’s closed trading at a six-month high of Ksh102, up 3.55% from the previous day’s closing price...
BT Correspondent1 Mins read
High cost of healthcare pushes down AAR 2016 profit
AAR Insurance net profit for 2016 fell 23.4%, weighed down by rising claims and higher operating costs. The insurer’s net earnings dipped to...
BUSINESS TODAY1 Mins read
Family Bank reveals it lost billions over social media rumours
Family Bank has blamed negative rumours circulated through social media last year for its 78 per cent drop in profit before tax for...
FRANCIS MULI1 Mins read
Cost cutting pumps up Total profit to Ksh4 billion
Total Kenya has announced a 50.3% growth in pre-tax profit to Ksh3.94 billion for the full-year 2016. The rise was driven by prudent cost management...
BT Correspondent1 Mins read
Shareholders get Sh581m as Britam swings back to profit
Britam Holdings has returned to profitability, announcing a pre-tax profit of Ksh4.2 billion in 2016 compared to a loss before tax of Ksh1.2...
BUSINESS TODAY2 Mins read
