Business
Business and economic news from Kenya and across Africa. Markets, companies, trade, taxes, jobs and the cost of living, explained for readers, entrepreneurs and investors.
NCBA Profit After Tax up 3 percent to 5.5 billion in Q1 2025
NAIROBI, Kenya — NCBA bank has reported a profit after tax of Sh5.5 billion for the first quarter of 2025, reflecting a 3 percent...
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...
The Scoop- Walls Have Ears
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.




