Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
CIC Insurance Group’s 2023 profit after tax increased by 818 per cent of Sh1.4 billion as a result to the improved investment income and growth in insurance revenue. “The business maintained a growth trajectory driven by the execution of our transformational initiatives focusing on customer experience, performance management, operational efficiency, digital transformation, research and innovation,…
Absa Bank reported a net profit of KSh16.4 billion for 2023, up 12 per cent from the previous year thanks to rising revenues as a result of increased funding of core sectors fueling Kenya’s economic growth. READ ALSO: Jubilee Insurance scoops three awards in annual fete The firm’s board announced a 15 per cent increase…
Kisumu County has partnered with Safaricom to unveil a new Integrated County Revenue Management System (ICRMS) to offer a one-stop platform for residents to access and pay for county services. Governor Anyang’ Nyong’o remarked that the automated system will not only enhance accessibility and transparency but also boost its Own Source Resource (OSR) collection. “With…
The county government of Kisumu has partnered with Safaricom to scale up revenue collection in a major deal where the devolved unit targets to net Ksh2.2 billion in the 2023/2024 Financial Year (FY), an increase of Ksh1.1 billion from the previous year. The County Executive Committee Member (CECM) in charge of Finance, Economic Planning, and…
