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Customer deposits at KCB, Equity hit Sh. 2.82 trillion in nine months

 Customer deposits at KCB Group and Equity Group have crossed the Sh. 2.82 trillion mark. This is according to the financial results for the nine month period ended September 30  that have been released by the two banks. According to the financial results from the KCB Group, customet deposits at the bank came in at
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Man directing matatus from Globe Roundabout jam, earns more than office workers

 Nairobi, also known as ‘City Under the Sun’, is infamous for its heavy traffic, especially on routes leading to the Central Business District (CBD). Among the many roads converging in the city centre, the Thika Superhighway stands out as the most burdened and culminates at the Globe Cinema Roundabout. For those in the transport industry,
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President Ruto’s full speech on State of the Nation Address, key highlights

 President William Ruto on Thursday delivered his second State of the Nation address in parliament to defend his government amid backlash from Kenyans who have persistently expressed disappointment with the current regime. The Head of State addressed several national issues including the increasing abduction and femicide cases, the JKIA and KETRACO deals with Adani, and
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Absa opens a new branch at Kamakis in Kiambu County

 Absa Bank has opened a new branch in Kamakis, Kiambu County, this is in a bis to strategically position itself to serve the banking needs of this emerging town and its surrounding communities. The new branch is a vital part of the Bank’s broader strategy to expand its distribution network, to foster financial inclusion while supporting
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United States charges Indian Gautam Adani with multi-billion fraud, bribery

 The United States of America has charged controversial Indian Gautam Adani over a multi-billion-dollar fraud and bribery scheme. According to a report that was published by the British Broadcasting Corporation (BBC), Adani was charged after investigations in the US found that he was part of a scheme that had orchestrated a $250m (Sh. 32.2 billion)
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6 life situations where maintaining silence is the best thing to do

 Popular French Philosopher Blaise Pascal gave us a masterpiece of a quote when he said ‘All of humanity’s problems stem from man’s inability to sit quietly in a room alone’. This rings true centuries later. We are currently living in fast-paced modern communication era where information is hard to miss, and even more difficult to
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KCB Group beats Equity Group in Q3 profitability, total assets

 KCB Group produced a higher performance in the third quarter of the current financial year to beat rival Equity Group. According to the financial results that have been released by the two Kenyan banking giants, KCB Group had an edge over Equity both in profitability and the value of total assets. The results showed that
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Equity, KCB break records with combined Sh. 86.7 billion net profit in 9 months

 The two largest banks in Kenya and the East African region, KCB Group and Equity Group made a combined, record-breaking net profit of Sh. 86.7 billion in the first nine months of the year. Out of this net profit in 9 months, KCB Group made Sh. 45.8 billion net profit while Equity Bank made Sh.
Equity, KCB break records with combined Sh. 86.7 billion net profit in 9 months first appeared on Bizna Kenya Read More

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