KCB Bank, Kenya’s leading banking institution, has received the nod from its shareholders for a dividend payout totaling Ksh 22.5 billion on the back of impressive performance in the fiscal year ending December 2025. The shareholder vote was obtained on Thursday, May 21, at the Annual General Meeting. The dividends include a combination of interim
KCB Group Plc has posted a Ksh 24.4 billion profit before tax for the first quarter ending March 31, 2026, marking a 15.3 percent increase compared to Ksh 21.2 billion reported during the same period last year. The lender attributed the growth to diversified revenue streams, strong subsidiary performance, improved customer activity, and disciplined balance
Kenya’s floriculture sector suffered an estimated Ksh 200 million in losses on Monday after a nationwide transport strike disrupted the movement of cargo destined for export through Jomo Kenyatta International Airport (JKIA), deepening pressure on one of the country’s leading foreign exchange earners. Disruption affected the transportation of flowers from farms to the airport, with