05/25/2018

How fortunes have turned for retirees

The confluence of a variety of forces in the 1980s and 1990s led employers to largely abandon traditional defined-benefit pension schemes in favour of defined-contribution pension schemes.

05/17/2018

KCB profit up to Sh5bn on increased lending

KCB also benefited from lower loan loss provision of Sh600.2 million, down from Sh958.1 million in the same quarter last year despite a 36.1 per cent surge in gross defaults to Sh43.7 billion.