StanChart reported a net profit of Sh9.7 billion, down from Sh15.8 billion over nine months to September last year.
The bank’s financial statements were signed by the sole remaining board member, Florence Oluoch, with no executives present.
The growth in lending margins has helped the large banks to report higher earnings in the nine months to September.
The share of Kenya’s formal employment has fallen from 18.5 percent in 2010 to 15.5 percent in 2024, a trend the bank ...
CAK is currently seeking amendments to the Competition Act to give it sole authority over e-commerce and digital markets, a move local experts warn could stifle innovation.
World Bank report says that falling interest rates, relatively stable inflation and improved credit growth have also helped ...
A new requirement for importers to provide certificates of origin could clog the port without catching rogue traders who ...
A top contributor to younger Kenyans joining private clubs is the fact that some corporates have been buying membership for some of their staff. Mr Okatch, who is a marketer by profession, joined his ...
The funds rely on Exchange-Traded Fund portfolios that draw exposure from the United States, Europe, Asia and emerging ...