Money

 Safaricom shareholders are in for a major payday after the telco giant announced a final dividend payout, following its highest net profit in over a decade. Safaricom Group CEO Peter Ndegwa on Friday, May 9, said the board had approved a total dividend payout of Sh 1.20 per share, amounting to Sh 48 billion, for
Safaricom to pay Sh 48 billion in dividends after posting record Sh 95.5 b profit first appeared on Bizna Kenya Read More

 Safaricom has posted a KSh 95.5 billion net income for the financial year ending March 2025, marking its highest profit in over a decade and underscoring the telco giant’s resilience amid regional expansion and economic headwinds. The impressive performance represents a 12.7% year-on-year growth, up from KSh 84.7 billion in the previous year. Total revenue
Safaricom announces Sh95bn profit after tax for 2024/2025 first appeared on Bizna Kenya Read More

 The Kenya Revenue Authority (KRA) has announced a total revenue collection of Ksh2.112 trillion by…
The post KRA records 6.1% growth as it surpasses Ksh2 trillion in revenue collection appeared first on AfrinewsKE. Read More

 Microsoft founder and one of the world’s richest men, Bill Gates, has announced plans to donate virtually all his wealth to the poor. Speaking on Thursday, Gates revealed that his decision, expected to reduce his net worth by 99%, was driven by his desire to improve lives and create a better future for those in
Bill Gates pledges Sh28.8b to world’s poor people, slams Elon Musk first appeared on Bizna Kenya Read More

 Kenya Power and Lighting Company has dismissed claims that consumers in high-end areas like Lavington and Runda pay more for electricity than customers in slums or low-income areas. In a statement issued on Thursday, May 8, the utility company clarified that location plays no role in electricity pricing, adding that all customers within the same
KPLC: Lavington and Kawangware residents are charged same rates first appeared on Bizna Kenya Read More

 100 drivers on Bolt benefited from financial literacy training provided by Absa Bank Kenya, aimed at promoting the financial stability … ContinuedThe post Absa And Bolt Join Hands To Drive Financial Literacy Among Drivers appeared first on Soko Directory. Read More

 The 2025 Volkswagen Passat comes as an improvement on previous model.  The vehicle comes as both petrol and hybrid. In a number of markets, Volkswagen has not produced the diesel-powered 2.0 litre TDI models. What does this vehicle come packed with? Let us take a look: Engine variants According to car reviewer Jake Groves, the
2025 Volkswagen Passat review: Specs, consumption, road performance first appeared on Bizna Kenya Read More

 Endeavor Kenya, in collaboration with its global research arm, Endeavor Insight, has initiated a comprehensive study aimed at dissecting the … ContinuedThe post Mapping Out High-Growth Entrepreneurship Landscape In Kenya appeared first on Soko Directory. Read More

 Joy Karwitha Kiugu, a nominee for the Meru County Executive Committee Member, captured the public’s attention on Wednesday, May 7, after arriving for her swearing-in ceremony in a chopper. The Meru County assembly approved Kiugu’s nomination as the executive member for lands, physical planning, urban development, and public works on Tuesday, following Isaac Kinoti Marete’s
Career, education background of Meru Minister who arrived in chopper for swearing-in first appeared on Bizna Kenya Read More

 Stanbic Bank has announced a reduction in its net profit for the first quarter of the 2025 financial year. The Stanbic Bank Q1 net profit has dropped 17 percent from 4 billion that was recorded in the previous year to Sh3.3 billion. “Our fundamentals remain resilient with demonstrable growth in core customer segments, a disciplined
Stanbic Bank Q1 net profit drops 17 percent to Sh3.3 billion first appeared on Bizna Kenya Read More