Money

Money

Co-op Bank Q1 2025 net profit rises 5.3 percent to Sh6.9 billion

 The Co-operative Bank of Kenya has announced a 5.3 growth in its net profit for the first quarter of the 2025 financial year. This is after the Co-op Bank Q1 2025 net profit hit Sh6.93 billion up from the Sh6.58 billion net profit that the bank had realized in the same period the previous year.
Co-op Bank Q1 2025 net profit rises 5.3 percent to Sh6.9 billion first appeared on Bizna Kenya Read More

Read More
Money

Kuscco bosses took Sh192 million insider loans. See amount each took

 The senior staff and directors of the embattled Kenya Union of Savings and Credit Cooperatives (Kuscco) took insider loans of Sh192 million. This has been disclosed by the Cabinet Secretary for Co-operatives and Micro Small and Medium Enterprises (MSMEs) Wycliffe Oparanya. The Kuscco bosses breached rules and policy by allocating themselves loans that were over
Kuscco bosses took Sh192 million insider loans. See amount each took first appeared on Bizna Kenya Read More

Read More
Money

National Police Service recruitments to be conducted online

 The National Police Service recruitments will now be conducted online. This is after the National Police Service Commission (NPSC) moved to migrate recruitment exercises from stadia to digital platforms. According to NPSC chief executive officer Peter Leley, aspiring candidates will now be required to submit their applications online. Those who pass the first stage of
National Police Service recruitments to be conducted online first appeared on Bizna Kenya Read More

Read More
Money

Sidian Bank Q1 2025 net profit rises 250 percent to Sh557 million

 Sidian Bank has announced a profit after tax increase of 250 percent in the first quarter of the current financial year. In that period, profit after tax increased from Sh556.9 million from the previous year’s Sh159.1 million. The growth of Sidian Bank Q1 2025 net profit came as customer deposits increased by 61.9 percent to
Sidian Bank Q1 2025 net profit rises 250 percent to Sh557 million first appeared on Bizna Kenya Read More

Read More
Money

Naivas says no branch closed; accuses Nairobi MCAs of extortion

 Naivas Supermarket has said that none of its branches has been closed. This is after MCAs under the Nairobi Health Committee alleged that they were shutting down all Naivas Supermarket outlets in the city over expired goods. The retailer has now said that the allegations by the Nairobi MCAs are false and amount to a
Naivas says no branch closed; accuses Nairobi MCAs of extortion first appeared on Bizna Kenya Read More

Read More
Money

Safaricom: Govt hasn’t paid us a cent since award of UHC tender

 Safaricom CEO Peter Ndegwa has revealed that the government is yet to pay the telco for work done under the Sh104.8 billion Universal Health Coverage (UHC) tender it was awarded in 2024. Speaking during an interview with Citizen TV’s Yvonne Okwara, Ndegwa clarified the scope of Safaricom’s involvement in the UHC project and responded to
Safaricom: Govt hasn’t paid us a cent since award of UHC tender first appeared on Bizna Kenya Read More

Read More