By Eddah Waithaka CIC Insurance Group Plc has announced a 57% jump in Profit Before Tax (PBT) to Kshs 3.99 billion for the year ended December 2024, up from Kshs 2.54 billion in 2023. The firm attributed the growth to higher insurance revenue and a 201% surge in investment income, which climbed from Kshs 2.9 […]
By Eddah Waithaka Family Bank Group delivered a strong financial performance in 2024, with Profit After Tax (PAT) jumping 38% to KES 3.4 billion, up from KES 2.5 billion in 2023. The Group’s Profit Before Tax (PBT) also rose 22.5% to KES 3.9 billion, driven by sustainable revenue growth, cost efficiency, and a solid capital […]
By Eddah Waithaka Bupa Global, a leading international private medical insurance (IPMI) provider, has opened its first African office in Nairobi, Kenya, after receiving regulatory approval from Kenya’s Insurance Regulatory Authority (IRA). The move positions Kenya, East Africa’s largest economy, as a key growth market for Bupa Global. The country’s sustained GDP growth and Vision […]
By Eddah Waithaka The Muslim World League has paid $1 million in blood money to secure the release of Stephen Munyakho, a Kenyan man facing execution in Saudi Arabia for a 13-year-old manslaughter conviction. In a press statement issued by the Supreme Council of Kenya Muslims (SUPKEM), today. The statement revealed that Hassan Omar Hassan, […]
By Eddah Waithaka Caetano Kenya, in collaboration with Jiangling Motors Corporation (JMC), has officially introduced the JMC brand to Kenya, launching the locally assembled Vigus lineup. The move aims to meet the growing demand for reliable, cost-effective commercial vehicles while strengthening Kenya’s automotive industry. The Vigus series includes the Vigus Pro Single Cab (light commercial […]
By Eddah Waithaka Diamond Trust Bank (DTB) and the Inter-Religious Council of Kenya (IRCK) brought together over 400 guests from diverse faiths at an interfaith Iftar dinner at Movenpick Hotel in Nairobi yesterday. Under the theme “Strengthening Bonds of Peace, Unity, and Diversity,” the event united religious leaders, government officials, diplomats, and representatives from international […]
By Eddah Waithaka The Kenya Bureau of Standards (KEBS) engaged journalists in a media sensitization workshop in Nairobi today, equipping them with knowledge on standards development, market surveillance, and quality assurance. Representatives from KEBS’ Standards Development, Market Surveillance, and Quality Assurance & Inspection (QA&I) directorates led discussions on ensuring the safety and quality of goods […]
By Eddah Waithaka HF Group, a leading listed financial solutions provider, reported a 35% surge in net profit to Kes 525 million in FY2024, up from Kes 388 million the previous year. The strong performance marks the third consecutive year of growth, fueled by the Group’s successful business transformation and expansion into new revenue streams. […]
By Eddah Waithaka The 2nd Eastern Africa Agroecology Conference showcased groundbreaking innovations in sustainable agriculture, with Dr. Chrysantus Mbi Tanga, Senior Scientist and Head of the Insects for Food, Feed and Other Uses (INSEFF) Programme at the International Centre of Insect Physiology and Ecology (icipe), delivering a compelling keynote address. Dr. Tanga championed insect frass […]
By Eddah Waithaka Africa Global PR Week 2025, the continent’s largest and most dynamic Public Relations summit, from August 26th to 29th, bringing together professionals, governments, businesses, and global brands to shape Africa’s future throu communication. A Summit Designed to Inspire and Challenge The event kicks off with an exciting PR Challenge on August 26th, […]
