profitability - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

SBM Bank Kenya returns to profitability, posts Ksh412 Million pre-tax in nine months

Sacco ReviewNovember 14, 202503 mins

Kenya SBM Bank Limited CEO Bhartesh Shah has reported a profit before tax of Ksh412 million for the nine months ending September 30, 2025, marking a significant turnaround from a Ksh1.3 billion loss in the same period last year. The bank’s total assets rose to Ksh104 billion from Ksh97.5 billion a year earlier, while customer…

PS Ronoh assures govt will restore profitability to coffee sector

Sacco ReviewDecember 11, 202402 mins

Principal Secretary – State Department for Agriculture, Dr. Kipronoh Ronoh, has assured coffee farmers that the government is committed to restore profitability to the coffee sector. The PS attended Torsogek Coffee Farmers Cooperative in Kericho County to celebrate a key milestone said the coffee industry which supports around 5 million Kenyans must be supported. The…