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Tuesday, May 22, 2018

KCB profitability starts 2018 on a 14 percent high

With Sh418 billion loans the Kenya Commercial Bank was able to make a net profit of Sh5.18 billion by March this year a 14...

No African banks in the top world lenders

There was not a single African lender in the world’s top 100 banks list released by S&P in what is telling of the continent...

Markets punish Centum as bourse value dips

The market on Friday was shaken by Centum’s surprise profit warning which saw its share dip 6 percent to a one year low from Sh40.25 to...
Centum Investments

Bonus years dry up as Centum issues a profit warning

Between 2013 and 2016 Centum investments profits spiraled threefold from 2.5 billion to Sh9.9 billion with Billionaire owner Chris Kirubi getting accolades for his...
Shelter Afrique

Mortgage lender gets nod to restructure loans

Bond holders have given Shelter Afrique a go ahead to renegotiate it's short term loans over the next three months. The mortgage lender can now...

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