Oral East Africa, Author at Orals East Africa

Family Bank lifts H1 profits 14 pc on state securities leverage

As a Group, our focus in the first half of the year has been on prudent financial management by strengthening our liquidity position while working on satisfying customer needs.

August 29, 2024

Finance & Markets

Absa posts 28pc profits on out-running costs

Absa Bank Kenya has reported an impressive 28.9 percent jump in net profits in a difficult half year of Kes10.7 billion after revenues outpaced rise in costs. The Pan African lender saw interest income rise by Kes7.1 billion which was enough to

August 26, 2024

Finance & Markets

Banks are changing corner shops business model

Across the country over 260,000 shops work as financial services agents with half of them garbed in monopolistic green of the giant telco Safaricom.

August 26, 2024

Project Unemployment·Videos

EP 3: Side hustle left me in debts

I had hired out my vehicle and the driver used to call me all the time to fix it. But when I retired and finally repossessed it, I was being stopped in all garages asking for their money

August 17, 2024

Long Read

Crash in watermelon market leaves western farmers in the red

Watermelon popularity grew into Kenyan homes as slices of blood purifiers and aphrodisiac seeds.

August 13, 2024

Podcast·Project Unemployment·Videos

EP 2: Don’t use pension to buy Kondele mowuok

Kondele Mowuok- are the matatus that ply Kisumu's main town service. For retirees, this cash business can seem like a logical venture to sink years of savings upon retirement.

August 8, 2024

Finance & Markets

Search for deposits in provincial towns draws banks outside Nairobi

Customers will have access to transactional accounts, savings accounts, deposit accounts, Shari’ah-compliant solutions, financial advisory services, and more.

August 2, 2024

Economy & Politics

Banks keep away from debt auctions demanding higher interest

Kenya has even turned to printing money, to pay bondholders with the Central Bank of Kenya revealing they advanced the government Kes22.6 billion to meet bond interest payments.

August 1, 2024

Podcast·Project Unemployment·Videos

EP 1: Gen Z demand for jobs

Two Kenyan business journalist who have covered debt and economy over the last decade have a conversation about misdiagnosis of the Gen Z crisis amid a debt, political and geopolitical crisis and why we need new political actors.

July 28, 2024

Entertainment

Helios, France and World Bank eye African entertainment and sports complexes

Helios set up the Africa focused sports fund last year eyeing the African market, the youngest of the world’s continents with 15 and 24 year olds constituting 19.4 percent of the total population, while children under 15 years are nearly 41 percent

July 27, 2024

Oral East Africa

Family Bank lifts H1 profits 14 pc on state securities leverage

Absa posts 28pc profits on out-running costs

Banks are changing corner shops business model

EP 3: Side hustle left me in debts

Crash in watermelon market leaves western farmers in the red

EP 2: Don’t use pension to buy Kondele mowuok

Search for deposits in provincial towns draws banks outside Nairobi

Banks keep away from debt auctions demanding higher interest

EP 1: Gen Z demand for jobs

Helios, France and World Bank eye African entertainment and sports complexes

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