Business

Jubilee Holdings Profit Soars 82.5%, Dividend Raised to Record High

Jubilee Holdings has reported a sharp 82.5% rise in net profit to Sh4.72 billion for the year ended December 2024, driven by strong insurance...

Judge Dismisses Tatu City’s Ksh10 Million Claim Against Home Bridge

Tatu City has suffered a significant legal defeat after a court ruling blocked its attempt to claim Ksh10 million from Home Bridge Ltd in...

Kenya’s Banking Sector Records First Asset Decline in Two Decades

Kenya’s banking sector, which has experienced consistent growth over the past two decades, faced a rare setback in 2024 as listed banks recorded their...

How Kenya Stands to Benefit from the 10 Percent U.S. Trade Tariffs

Kenya’s Cabinet Secretary for Investments, Trade, and Industry, Lee Kinyanjui, has outlined how the country could leverage the newly introduced 10 percent tariff on...

KCB Group Overtakes Safaricom as Kenya’s Most Profitable Corporate Entity

In a significant financial shift, KCB Group has emerged as Kenya’s most profitable corporate group, surpassing Safaricom with a Profit After Tax (PAT) of...

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