Kenya’s year-on-year inflation rate edged up to 5.1% in May 2024, from 5.0% in April 2024. The rise in inflation…
Browsing: ECONOMY
Navigate the complex tapestry of the East African economy with Khusoko.com. Dig deep into economic news, analysis, and insights from East Africa. Uncover market trends, policy impacts, and development updates shaping the region’s financial landscape.
The European Investment Bank (EIB), through its arm EIB Global, has committed €25 million to Amethis Fund III, a pan-African…
Absa Bank Kenya PLC says it recorded a 34% year-over-year increase in its profit after tax to Kshs. 5.9 billion…
Standard Chartered Bank Kenya reported a strong increase in profits for the first quarter of 2024. Profits jumped 39.5% to KSh…
The 2024 Think Business Banking Awards saw Kenya’s banking sector celebrate excellence and innovation. KCB Bank Kenya emerged as a…
I&M Group reported a remarkable 30.9% increase in net profit, reaching KES 3.32 billion during the first quarter of trading that…