bank profits,NCBA Group half-year profits Stories
The lender attributed the strong performance to operational excellence and prudent pricing strategies, achieved despite a challenging economic environ...
According to the airline’s financial disclosures, the drop was driven by a 14 per cent decline in passenger numbers and reduced capacity, which cut in...
MPs are dissatisfied with the explanation that the loan had been novated under provisions of the Public Finance Management Act.
The national carrier’s turnaround comes after a Sh22.6 billion loss in 2023, largely driven by foreign exchange gains.
Safaricom CEO Peter Ndegwa said the performance remains strong amid the headwinds in the Ethiopian business.
Kenya Airways noted that this development marks its first profit after tax for the period since 2013.
The trajectory was attributed to the number of branches of the Kenyan bank subsidiaries growing year-on-year.
The bank announced that decreased impairment charges, increased non-funded income, and growing core revenues were the main drivers of the growth.
The positive results have been attributed to a robust growth in revenue, driven by increased electricity sales and the implementation of a cost-reflec...
