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BBK net profits slump despite a surge in customer assets
Barclays Bank of Kenya announced a profit after tax of Sh 8.4 b for the year ended 31 December 2015.
During the…
Dermalogica opens store in Jo’burg
Following the launch and opening of the first South African Concept Store in 2010 at Wembley Square in Cape town,…
Car makers pay price for VW cheating scandal, delay in vehicle launches…
Environmental regulators in the US are taking a long-look at new vehicle emissions before giving their stamp of…
Nakumatt opens store in Kakamega
Kenya Regional retailer, Nakumatt Holdings, has opened doors to its second supermarket store, in the fast growing,…
B2 Group targets African banks with new service
The B2 Group, provider of financial systems integration solutions has announced, its advanced Multi-Bank Integrator…
Indian Solar firm keen to expand in Africa
Solar power project builder Sterling and Wilson is set to open four offices in Africa in a bid to capture a slice…
Central bank of Uganda sells Imperial shareholding to Tanzanian lender
Uganda’s central bank has sold the majority stake in Imperial Bank Uganda, previously held by Kenya’s collapsed…
Kenya’s raw leather exports hurting local firms
Continued exportation of leather products is posing a serious challenge to the country’s leather and footwear…
SA’s rand plunge lower ahead of current account data
South Africa's rand ended a two-day run of gains against the dollar on Tuesday, falling half a percent lower…
Water Corporation, Tharaka Nithi County sign pact to develop water…
National Water Conservation and Pipeline Corporation (NWCPC) have signed a Memorandum of Understanding (MoU) with…