Business

Makini Schools Owner ADvTECH Raises Half-Year Profit 13pc to Sh5.81 Billion

Johannesburg/Nairobi — ADvTECH, the South African education group that owns Makini Schools in Kenya, has reported a 13.3 per cent increase in profit after...

StanChart Moves to Auction Four Nakumatt Prime Properties Over Sh1.9B Debt

NAIROBI, KENYA – Standard Chartered Bank Kenya has issued a final public notice to sell four high-value properties belonging to Nakumatt Investments Limited. The...

Family Bank Posts 62pc Profit Surge as Treasury Investments Drive First Results After NSE Listing

NAIROBI, Kenya — Family Bank Plc has reported a 62 per cent year-on-year increase in profit after tax to Sh3.70 billion for the first...

KQ Outlines Fleet, Cargo and MRO Expansion Plans in Turnaround Strategy

NAIROBI, Kenya - Kenya Airways is targeting a fleet of more than 60 aircraft within three years, while expanding cargo, maintenance and aviation training...

Absa Group Secures Just 21pc of Shares Sought in Kenya Tender Offer

NAIROBI, Kenya - Absa Group will spend about Sh6.53 billion to increase its stake in Absa Bank Kenya to 71.99 per cent after minority...

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