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Equity Bank’s Makes KSh 11.9 Billion In Profit In Q1 2022

Equity Group Holdings reported a profit of KSh 11.9 billion at the end of the first quarter of 2021 because of an increase in...

Co-op Bank CEO Gideon Muriuki Earns KSh 102.53 Million In Dividends

Co-operative Bank CEO Gideon Muriuki is set to receive KSh 102.53 million as dividends from his stake at the financial institution. The Nairobi-based financial services...

NSE Suffers KSh 294 Billion Loss In A Month As Foreign Investors Exit Market

The Nairobi Securities Exchange (NSE) has lost a total of KSh 294 billion in the last 30 days following the mass exit of foreign...

David Ndii Ordered To Pay KRA KSh 2.8 Million

The High Court has directed economist David Ndii to pay Kenya Revenue Authority (KRA) KSh 2.8 million. The said amount is VAT for his income...

Safaricom Makes KSh 5.98 Billion From Betting As Gamblers Spend KSh 169 Billion in One Year

Data by Safaricom has indicated that Kenyan bettors spent KSh 169.1 billion to place bets through Safaricom’s M-PESA in the year to March. The telecommunication...

Industrialist Baloobhai Patel Acquires Additional KSh293.4 Million Stake At Bamburi Cement

Kenyan industrialist and businessman Baloobhai Patel recently acquired an additional 7.9 million shares in Bamburi Cement. According to Billionaires Africa, the multimillionaire businessman acquired shares...

Man In Court After Stealing KSh 131.6 Million From Family Bank, Depositing To Personal Account In The Same Bank

A middle-aged man was arraignment in court for reportedly stealing KSh 131.6 million. The man identified as Evans Nyamongo Bogonko is said to have stolen...

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