NCBA Group chairman James Ndegwa (left) and his brother Andrew Ndegwa each own a 4.16 percent personal stake in the bank with a market value of Sh1.6 billion apiece. FILE PHOTOS | NMG NCBA Group chairman James Ndegwa and his brother Andrew Ndegwa each own a 4.16 percent personal stake in the bank with a […]
NAIROBI, KENYA: A number of NCBA branches will not be in operation early next month in a move aimed at making the bank operate better after last year’s merger. In 2019, the NIC Group merged with Commercial bank of Africa forming NCBA. The merger strengthens both institutions leveraging on their combined market share of 9.9 […]
Chief executive officers for five Tanzanian companies that have been ranked as most valuable ones by South Africa-based African Business. They are (from top left): TBL Plc managing director Philip Redman, TCC’s Michal Bachan, NMB Bank Plc’s Ruth Zaipuna, Vodacom’s Hisham Hendi and Alfonso Velez from Tanzania Portland Cement. PHOTOS | FILES Dar es Salaam. […]
Dar es Salaam — Tanzania has produced two companies on the list of Africa’s 100 most valuable firms. South Africa-based African Business disclosed in a ranking of the continent’s top 250 firms that TBL Plc and Vodacom Tanzania Plc are the two most valuable firms in the country. At the continental level, TBL Plc has […]
NCBA Bank Kenya PLC designate chairman Isaac Awuondo and group MD John Gachora The NCBA Group Plc (NCBA) net profit has grown by 20 percent to Sh1.63 billion for the quarter ended March 31, 2020. The merged entity between NIC Bank and CBA Bank reported Sh1.29 billion in profits after tax in Q1 2019. NCBA […]
NCBA Group Managing Director, John Gachora The NCBA Group PLC (NCBA) has recorded a pre-tax profit of Ksh. 2.4billion for the quarter ending March 31, 2020. Total operating income for the quarter was Ksh. 10.9billion and profit after tax was Ksh. 1.6billion. “The year started strong with promising growth driven by the optimisms in the […]
Chief executive officers for five Tanzanian companies that have been ranked as most valuable ones by South Africa-based African Business. They are (from top left): TBL Plc managing director Philip Redman, TCC’s Michal Bachan, NMB Bank Plc’s Ruth Zaipuna, Vodacom’s Hisham Hendi and Alfonso Velez from Tanzania Portland Cement. PHOTOS | FILES Dar es Salaam. […]
Dar es Salaam — Tanzania has produced two companies on the list of Africa’s 100 most valuable firms. South Africa-based African Business disclosed in a ranking of the continent’s top 250 firms that TBL Plc and Vodacom Tanzania Plc are the two most valuable firms in the country. At the continental level, TBL Plc has […]
Issue of dividend shares will happen on 12 May. Shareholders will be given a bonus share for every 10 shares they hold
NIC Bank Kenya PLC, today announced that it has successfully transformed multiple banking processes, using Newgen’s Business Process Management based banking solutions. With its focus on innovation and customer service excellence, the bank has streamlined its processes which has led to an increase in productivity by 90%, reduction in turnaround time by 65% and operational […]
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