The Africa Leather and Leather Products Institute (ALLPI), in collaboration with the Common Market for Eastern and Southern Africa (COMESA), is set to unveil the COMESA Regional Leather Value Chain Strategy (2025-2029) during a high-level dialogue workshop in Nairobi on March 27-28, 2025. The event will bring together key industry stakeholders, policymakers, and development partners…
Kenya Airways PLC has recorded a remarkable after-tax profit of KShs 5.4 billion for the financial year ending December 31, 2024, marking a significant turnaround from a KShs 22.6 billion loss reported the previous year. This represents an impressive KShs 28 billion improvement and a 124% increase in net profit, signaling renewed financial stability and…
(L-R) Mogo Product Marketing Manager for Car Log book Loans Valerie Zenata with Mogo Customer Joseph Ng’ang’a and Mogo Deputy Country Manager Branton Mutea at the launch of The Best Price Guarantee Campaign Launch. Mogo, East Africa’s leading asset financier, has launched its Best Price Guarantee campaign, reinforcing its position as the go-to provider for…
The State Department of Investment Promotion (SDIP) and The Netherlands Business Hub Kenya (NLBH) have signed a Memorandum of Understanding (MOU) aimed at enhancing trade and investment opportunities between the two nations. The agreement, formalized during a high-profile business forum coinciding with the State Visit of King Willem-Alexander and Queen Máxima of the Netherlands, underscores…
Absa Bank Kenya Chief Financial Officer Yusuf Omari, Chairman, Board of Directors Charles Muchene, and Chief Executive Officer Abdi Mohamed during the release of Absa Bank Kenya’s full-year 2024 financial results during which the bank announced a net profit of KES. 20.9 billion Absa Bank Kenya PLC has posted a robust financial performance for the…
Old Mutual Group has posted a significant KES 1.1 billion increase in profit after tax from continuing operations for the year 2024, marking a substantial rise from KES 0.2 billion in 2023 to KES 1.3 billion. This impressive growth is attributed to strong performances in asset management, underwriting gains from its insurance businesses, and solid…
Group photo In a significant boost to child well-being and education, Bata Shoe Kenya PLC in partnership with World Vision Kenya( WVK) has donated 355 pairs of school shoes to students at Chepseon and Belbur Primary Schools in Salgaa, Nakuru County,aims to improve school attendance, comfort, and self-esteem among learners from vulnerable backgrounds. Bata Shoe…
NCBA the team driving financial excellence at NCBA’s new Tatu City branch. NCBA Bank has officially launched its Tatu City branch, reinforcing its commitment to serving individuals and businesses in Kenya’s rapidly expanding urban and economic hubs. This strategic expansion aims to support the region’s booming manufacturing, SME, and real estate sectors. Tatu City, Kenya’s…
Nairobi is poised to become Africa’s hub for aviation innovation as Fahari Aviation, a subsidiary of Kenya Airways PLC, hosts its inaugural Advanced Air Mobility (AAM) Symposium on March 18–19, 2025. This high-profile event will bring together global aviation leaders, regulators, and investors to chart the future of AAM in Africa, focusing on regulatory frameworks,…
Absa Bank Kenya has flagged off a delegation of Business Club members to the United States for a series of high-level business engagements aimed at unlocking investment opportunities, accessing new markets, and fostering strategic partnerships. The trip, scheduled for March 11–21, 2025, will enable Kenyan entrepreneurs to gain global market insights and exposure to best…
