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Absa Bank Posts Hefty Jump in Profit
BUSINESSNEWS

Absa Bank Posts Hefty Jump in Profit

Absa Bank Kenya has joined the rest of the country’s biggest banks in reporting bumper first-quarter profits on the back of a rise...

OPINION

Banks should play their part, or else, step aside

[dropcap]I[/dropcap]t is that time of analysis that usually accompanies the release of Safaricom financial statements. Profit was made, a huge one at a...

FEATURED STORY

Selective bonus payout sparks disquiet at NMG

Insiders says staff from  the print and broadcast divisions are aggrieved with the turn of events, arguing the digital department thrives on content...

FEATURED STORY

National Bank 2017 profit jumps 190%

Treasury has indicated its commitment to provide a comprehensive and long-term solution on the capital position

FEATURED STORY

Barclays Kenya FY 2017 net profit drops to Sh6.9b

Lender says implementation of the interest rate cap compressed margins and resulted in a decline in its revenues

FEATURED STORY

7 days of TV shutdown; 7 days of losses

This despite local and international calls for the government to end the blockade, which is seen as a threat to freedom of the...

FEATURED STORY

Sony poised for 20% sales growth in Middle East, Africa

aro Kimura, Managing Director, Sony Middle East and Africa says the company has witnessed a very strong upswing in the business across all...

FEATURED STORY

Barclays Bank closes seven branches

Hundreds to lose jobs as branches are merged while others are shut down in new restructuring

FEATURED STORY

NIC Bank pre-tax profit shrinks 9.3%

Lender records Ksh 2.92 billion profit, for the first half of 2017, compared to Ksh 3.22 billion the prior year