KCB Posts Sh16.5 Billion in Profit After Tax in Q1 2025

NAIROBI, Kenya- KCB bank has posted a Profit After Tax (PAT) of Sh16.53 billion, a marginal increase from Sh. 16.48 billion in Q1 2024.The...

UK Bets Big on East Africa with New Trade Finance and E-Mobility Investments

NAIROBI, Kenya — The United Kingdom has unveiled two major investments aimed at bolstering trade and clean transport in East Africa, marking a significant...

Choice Microfinance Bank Rebrands to Choice Bank, Unveils Bold Digital Strategy

NAIROBI, Kenya– Choice Microfinance Bank has rebranded to Choice Bank, marking a shift in its operations with a focus on digital innovation to expand...

Family Bank records 15.4% profit growth in Q1 2025

NAIROBI, Kenya- Family Bank has reported a 15.4% rise in Profit Before Tax for the first quarter of 2025, reaching Sh1.5 billion compared to...

Kenya Power Gets Green Light for Sh1.2B Transformer Deal After Tender Dispute

NAIROBI, Kenya- The Public Procurement Administrative Review Board (PPARB) has cleared the Kenya Power and Lighting Company (KPLC) to continue with a Sh1.2 billion...

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The Scoop by Y News is a one-page online magazine that takes you straight into Kenya's corridors of power. Each edition delivers sharp, thrilling stories – secrets, deals, and behind-the-scenes intrigues shaping the nation. Designed for the fast reader, The Scoop is made to be consumed in a glance and shared in a click.