One of the properties of Home Afrika.

Loss-making Home Afrika sells land, houses to clear loan

Home Afrika, a real estate company listed on the stock exchange, is selling some of its assets, including houses and land, in order to repay an outstanding loan of KSh79 million from I&M Bank. Home Afrika intends to sell six housing units from its Mitini Scapes Development, located along Kiambu Road and Lake View Heights in Kisumu. The purpose of this sale is to repay…

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Equity Bank Fourways Branch

Equity Bank named Kenya’s most admired brand

Equity Bank has once again been recognized as Kenya’s most admired brand, as banks top the list of best brands in the country. According to the latest report by brand valuation consultancy firm–Brand Finance, Equity attained a brand value increased to KSh65.8 billion, representing one per cent increase. Safaricom follows closely with KSh58.1 billion then…

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Co-operative Bank leads commercial banks as preferred Sacco partner

By Azael Masese Co-operative Bank of Kenya is the most preferred commercial bank Saccos turn to for operational efficiency and customer convenience. Consequently, Co-operative Bank generates more income by partnering with Saccos compared to other commercial banks; and the reverse is true. According to the Sacco Supervision Annual Report, 2021, partnership areas include Automated Teller…

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Higher income, reduced expenses spur Co-op Bank profit to hit Sh16.5 billion

By Bernard Matumbai Co-operative Bank of Kenya’s net income jumped by 53 percent to a record Sh16.5 billion in the year ended December 2021 from Sh10.8 billion in the previous term, something that was attributable to higher interest income, investment in government and reduced expenses. The bank recorded a 59 percent surge in pre-tax profit…

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Co-operative Bank to support free cancer screening campaign

By Our Reporter Beth Mugo Cancer Foundation in collaboration with Co-operative Bank and other partners has drawn out a countrywide programme of Free Cancer Screening Camps where Kenyans can get free screening for the key lifestyle disease conditions that continue to ravage families including cancer, blood sugar levels, blood pressure and related health needs. The…

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