Banking services group, I&M Bank Limited has announced a 9% after tax profit growth for its 2016 full year trading results. Speaking following the release of the results, I&M Bank Kenya Chief Executive officer, Mr. Kihara Maina noted the results were largely satisfactory given the severe operating environment the industry as a whole was facing.

The Sanlam Group, through its subsidiary Sanlam Emerging Markets (SEM), is pleased to announce that it has reached an agreement with PineBridge Investments (“PineBridge”), a leading global multi-asset class asset manager, to acquire PineBridge’s majority stake in PineBridge Investments East Africa Limited in Kenya (PIEAL). The transaction is subject to regulatory approval, following which PIEAL

Make tax predictability a budgeting priority to spur growth, business leaders urge

Investment deal with Ascent Rift Valley Fund (Ascent) makes it the first company to attract Private Equity Funding in Kisumu County  KCP deal becomes Ascent’s 4th investment in East Africa Kisumu, March 16, 2017… Kisumu Concrete Products Limited (KCP), a leading construction materials manufacturer, has today announced the completion of an investment deal with Ascent

To live well in retirement, you no longer can rely solely on a company pension plan or Social Security. Instead, you will have to depend on how skillfully you plan and invest, and whether you make good use of tax-advantaged savings plans such. Here are a few reasons why planning for your retirement is a

Kenyans with projects at an advanced stage of design the fields of architecture, building and civil engineering; landscape and urban design; as well as materials, products and construction technologies stand a chance to win 11 prizes worth Kes 33.9million in awards organized by the LafargeHolcim Foundation for Sustainable Construction. They will be expected to compete

One of the greatest attributes of an entrepreneur is Innovation:the ability to identify a gap and come up with a solution. Some of the biggest achievers in the world have started their modest journeys at a very early age. The elderly crop of billionaires had to strive their way into success. But in today’s “instant

Jumia unveils ‘Jumia Local’ program to boost local Manufacturers Nairobi, Kenya 15th March 2017, Jumia has today unveiled the ‘Jumia Local’ program that will allow Kenyan manufacturers to showcase their ‘Made in Kenya’  products on its website to thousands of customers across the country thus encourage consumption and scalability. This collaboration between local manufacturers and

  Kenya has the 4th highest number of HNWIs in Africa after South Africa, Egypt and Nigeria. In 2015, there were approximately 8,300 HNWIs in Kenya, with a combined wealth of US$31 billion, accounting for roughly 62% of Kenya’s total individual wealth (US$50 billion). Kenyan HNWIs outperformed the worldwide HNWI average during the review period,