profits Stories

Kenyan banks making strides in EAC as profits surge by 104% in a year
Alfred Onyango  |  Jul 22, 2024

The trajectory was attributed to the number of branches of the Kenyan bank subsidiaries growing year-on-year.

Kenya's Dubai Islamic Bank posts first profit since 2017
Barack Oduor  |  May 16, 2024

The bank announced that decreased impairment charges, increased non-funded income, and growing core revenues were the main drivers of the growth.

Kenya Power records profit of Sh319m, a turnaround from previous loss
Lucy Mumbi  |  Feb 24, 2024

The positive results have been attributed to a robust growth in revenue, driven by increased electricity sales and the implementation of a cost-reflec...

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