Category: Business

Old Mutual Group’s Chief Executive Officer Arthur Oginga and the firm’s Chief Finance Officer David Muchai during the announcement of the half-Year 2024 Financials. The firm announced a profit after tax of Kes327 million for the first half of 2024. This marks a remarkable turnaround from the Kes195 million loss recorded during the same period last year. PHOTO/COURTESY

Old Mutual Group Announces Sh327 Million Profit After Tax in Half 1 of 2024

By Patricia MugambiLeave a Comment on Old Mutual Group Announces Sh327 Million Profit After Tax in Half 1 of 2024

Old Mutual Holdings PLC has announced a profit after tax of Kes327 million for the first half of 2024. This marks a remarkable turnaround from the KesRead More…

L-R Arthur Oginga, Group CEO Old Mutual Group and Loreen Makwanya MD Old Mutual Life Assurance Kenya during the launch of the launch of the Old Mutual Business Roundtable, a new platform aimed at fostering collaboration and growth among small and medium-sized enterprises (SMEs) across East Africa. The strategic network will bring together SME owners, investors, financial institutions, professional associations, and industry experts to create opportunities for mutual advancement. PHOTO/COURTESY

Old Mutual Group to Foster SMEs Growth with Networking Roundtable Sessions

By Patricia MugambiLeave a Comment on Old Mutual Group to Foster SMEs Growth with Networking Roundtable Sessions

The Old Mutual Group has  launched the Old Mutual Business Roundtable, a platform aimed at fostering collaboration and growth among small and medium-Read More…

(L-R) KFHI Director Chun Jong Hu and LG Electronics EA PR and CSR Lead Glenda Achieng hand over a congratulatory plaque to Furaha Community Foundation Co-Founder and Executive Director David Oginga for successfully acquiring physiotherapy tools to benefit up to 30 disabled children. The Furaha Community Foundation, an NGO since 2005, has been supporting needy children but faced challenges in assisting those with disabilities due to a lack of appropriate equipment. PHOTO/COURTESY

LG Hands Over Completed Projects to Winners of 2024 LG Ambassador Challenge

By Patricia MugambiLeave a Comment on LG Hands Over Completed Projects to Winners of 2024 LG Ambassador Challenge

LG Electronics (LG) has handed over completed projects to two community groups – in Kajiado and Nairobi – that won the 2024 LG Ambassador ChallengRead More…

Absa Bank Kenya CFO Yusuf Omari and MD & CEO Abdi Mohamed during a media and investor briefing in Nairobi. Absa Bank Kenya reported a 29% growth in profit after tax to Kshs.10.7 billion for the half year ended 30 June 2024. PHOTO/COURTESY

Absa Bank Kenya Records 29% Growth in Profit after Tax to Kshs.10.7 Billion in H1 2024

By Patricia MugambiLeave a Comment on Absa Bank Kenya Records 29% Growth in Profit after Tax to Kshs.10.7 Billion in H1 2024

Absa Bank Kenya PLC has reported a profit after tax of Kshs.10.7 billion for the half year ended 30 June 2024, a 29% increase over the same period lasRead More…

Aga Khan University Hospital Consultant Urogynaecologist Dr Bob Achila (3rd left) with the theatre of fellow doctors, nurses, theatre assistants and technologists that were involved in conducting a new surgical technique called vNOTES that provides access to treatment of various gynaecological conditions. PHOTO/COURTESY

Hospital Performs First vNOTES Surgical Technique In the Region

By Joan WambuiLeave a Comment on Hospital Performs First vNOTES Surgical Technique In the Region

Aga Khan University Hospital has performed the first vNOTES surgical technique that provides access to treatment of various gynaecological conditions Read More…

Absa Bank Ruaka agents Sammy Njoroge and James Njoroge guide Absa Bank Kenya MD & CEO Abdi Mohamed through a transaction during the launch of Absa Bank agency banking services expansion drive. The bank is targeting to expand its agency banking network to 17,000 outlets within the next two years. PHOTO/COURTESY

Absa Bank Kenya to Expand Agency Services Network to 17,000 Outlets

By Patricia MugambiLeave a Comment on Absa Bank Kenya to Expand Agency Services Network to 17,000 Outlets

Absa Bank Kenya PLC has announced plans to expand its reach with over 17,000 agency service outlets across the country in two years. The first phase oRead More…

Family Bank CEO Nancy Njau signs a KES. 103 million cheque during the handover of 14 Hino buses financed by the Bank to CFAO Mobility Kenya Group MD Arvinder Reel & Metro Trans Investment Limited Chairman Oscar Omurwa. PHOTO/COURTESY
Family Bank CEO Nancy Njau signs a KES. 103 million cheque during the handover of 14 Hino buses financed by the Bank to CFAO Mobility Kenya Group MD Arvinder Reel & Metro Trans Investment Limited Chairman Oscar Omurwa. PHOTO/COURTESY

CFAO Kenya and Family Bank Deliver 14 Buses to Metro Trans Company

By Kevin JoelLeave a Comment on CFAO Kenya and Family Bank Deliver 14 Buses to Metro Trans Company

Kenya’s largest automotive distributor and service provider, CFAO Mobility has handed over a fleet of 14 Hino buses, financed by Family Bank at a vaRead More…