Jumia Secures $99.6 Million from Share Sale: What’s Next for the African E-Commerce Giant?
NAIROBI, Kenya- Jumia has successfully completed a secondary offering of 20 million ordinary shares, raising $99.6 million in gross proceeds. This funding boost comes just...
Cooperative Bank Reports Strong Profit Growth for H1 2024
NAIROBI, Kenya- Cooperative Bank has unveiled impressive financial results for the first half of 2024, with profit after tax soaring to Sh13 billion. This marks...
Kwale’s Green Shift: Six Industrial Giants Embrace Sustainable Practices
KWALE, Kenya - Industrialisation has significant adverse environmental effects, including increased pollution, waste production, and greenhouse gas emissions, which contribute to climate change.The rise...
I&M Bank Tops Kenya Banking Consumer Sentiment Index for 2024
NAIROBI, Kenya - I&M Bank has emerged as the top performer in the Kenya Banking Consumer Sentiment on Social Media Index 2024, powered by...
Equity Bank Kenya Appoints Moses Okoth As Acting Managing Director
NAIROBI, Kenya - Equity Bank Kenya Limited has appointed Moses Okoth Nyabanda as the acting Managing Director, following the early retirement of the outgoing...
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.