Safaricom Service Revenue Jumps To 329 Billion in FY 24
Safaricom service revenue grew by 11.7% year-on-year to KES 329.8 billion for the year ended March 31, 2024. This is despite a challenging economic environment...
Equity Life Assurance Secures Fourth Place Among Kenya’s Leading Life Insurers
Equity Life Assurance (ELAK) has made significant strides in the Kenyan insurance sector, securing the coveted fourth position among the country's leading life insurers with...
Nasim Devji to Lead Diamond Trust Bank East Africa Operations
Diamond Trust Bank (DTB) is embarking on a strategic leadership shift to bolster its presence across East Africa. Nasim Devji, the seasoned Group Chief Executive...
I&M Bank Marks 50 Years of Excellence
I&M Bank is celebrating its golden anniversary, marking five decades of exceptional service and regional expansion. From its humble beginnings in 1974 as Investments &...
Equity Bank Tops as Kenya’s Leading Brand in Value
Equity Bank has once again solidified its position as the undisputed king of Kenyan brands, with a brand value increase of 1% to KES 65.8...
Why Kenyans Are Keeping Their Money in Multiple Banks Accounts
A recent survey by the Kenya Banking Association paints a clear picture: over 62% of Kenyans choose to bank with multiple institutions, a trend that...
NMB Tanzania Loan Portfolio Jumps to TZS 7.9 Trillion
NMB Bank Tanzania has experienced a significant increase in its loan portfolio, reaching a staggering TZS 7.9 trillion, reflecting a 2.2% increase. This impressive achievement...
I&M Bank Tanzania Reports Record 543% Rise in Profit after Tax
I&M Bank Tanzania profit after tax skyrocketed by an impressive 543%, reaching a record high Tsh 1.8 billion (Ksh 0.09 billion) for the first quarter...
KCB Tanzania’s Loan Portfolio Records 24% Growth
KCB Bank Tanzania has had an impressive growth in its loan portfolio for the first quarter of 2024, with the bank's net loans jumping by...
NCBA Tanzania Launches NCBA Now App
NCBA Bank Tanzania has launched the NCBA Now app, the innovative mobile application empowering users with a suite of convenient and secure banking features directly...