Patrick Alushula is an Acting Checkpoint Editor, specializing in local news in Kenya, with a focus on Nairobi. He writes for several prominent publications, including Business Daily Africa, NationAfrica, and AFAH Publishing. Patrick's articles cover a wide range of topics, including business, finance, entrepreneurship, and current affairs in the Kenyan market.
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What you need to know: Inside MPs plan to unravel the Sh17b oil mystery
Standard Chartered Bank Kenya has declared an interim dividend of Sh6 per share amounting to Sh2.27 billion after posting 11.8 percent growth in net profit for the nine months ended September.
President Ruto said Wednesday he would like to see the debate on contributions settled before January next year to pave the way for the full roll-out of Universal Health Coverage (UHC) even as he threw his weight behind a model that will see top earners pay more.
By: Patrick Alushula
‘DRC stands tall compared to Kenya. When we look at performance in terms of profit, we see DRC now filling the gap’.
Unga Group is fighting off a tax claim on an asset transfer worth hundreds of millions of shillings.
Co-operative Bank of Kenya has increased its staff size by 457 in the last 12 months to September.
What you need to know: The only recent years in which the sector returned a profit drop was in 2017 on the impact of interest rate capping law and in 2020 when Covid-19 disrupted businesses.
By: Patrick Alushula
Kenya's insurance regulator has unveiled its draft strategic plan that puts inclusion and sustainability practices at the heart of its focus amid elevated risks such as floods and droughts in the East African economy.
There is a growing appreciation among Africa's insurance sector stakeholders of the role that Insurtech start-ups can play in narrowing the widely publicised insurance gap, especially among low income groupings.
Diamond Trust Bank (DTB) Kenya net profit for the first nine months of trading grew by 4.3 percent to Sh5.99 billion.
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