June survey data pointed to a marked improvement in the health of Kenya's private sector, as businesses drove up activity in line with an accelerated rate of growth in new business. Firms also recorded a sharp increase in workforce numbers, while expectations for output over the coming year improved to the highest in the survey history.
Stanbic Holdings Plc posted KSh6.3 billion profit after tax last year, a 46 percent growth from the previous year’s KSh4.3 billion, driven by growth in customer loans and deposits.
Operating conditions in Kenya’s private sector saw another solid uplift at the start of the year, despite the rate of improvement edging down from December. Output and new orders continued to expand sharply.
Stanbic Bank Kenya and Industrial Commercial Bank of China (ICBC) partners with Chinese trade agent to ease trade between importers to Chinese exporters.
DADA is about empowering and growing women in Kenya. It is about advancing their financial confidence with the intent of building a community of like-minded women who are empowered to dream, act and make a difference from a individual, business and community perspective.
Kenyan private sector businesses enjoyed a solid improvement in operating conditions during December. Output and new orders recorded further sharp increases, with the latter growing at a faster rate than in November.