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 […]
Six companies listed on the Uganda Securities Exchange have postponed their annual general meetings due to the coronavirus outbreak, the bourse said in a statement. The shareholders’ meetings, usually held during this period, have been “deferred in light of the current directives by the government of Uganda restricting public gatherings and public health recommendations aimed […]
Wait a little longer: Although companies have set aside Shs265.5b to pay dividends, shareholders will have to wait a little longer for them to access the money. FILE PHOTO Six out of the nine locally listed companies have indicated they will give a combined sum of Shs265.5b in dividends for the period ended December 31, […]
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 […]
Wait a little longer: Although companies have set aside Shs265.5b to pay dividends, shareholders will have to wait a little longer for them to access the money. FILE PHOTO Six out of the nine locally listed companies have indicated they will give a combined sum of Shs265.5b in dividends for the period ended December 31, […]
Six out of the nine locally listed companies have indicated they will give a combined sum of Shs265.5b in dividends for the period ended December 31, 2019. The Shs265.5b is an improvement from the Shs200.4b that was paid out to shareholders for the period ended December 31, 2018. The six companies including Bank of Baroda, […]
Six out of the nine locally listed companies have indicated they will give a combined sum of Shs265.5b in dividends for the period ended December 31, 2019. The Shs265.5b is an improvement from the Shs200.4b that was paid out to shareholders for the period ended December 31, 2018. The six companies including Bank of Baroda, […]
NIC Bank Managing Director John Gachora (left) with his CBA counterpart Isaac Awuondo brief journalists in Nairobi last week. When Kenya’s two powerful bankers – Commercial Bank of Africa (CBA) Group Managing Director Isaac Awuondo and NIC Bank boss John Gachora – recently shared the stage as a show of equal footing in the merger […]
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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