Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa

KCB Group Doubles Dividend as Profit Surges 65%

Breaking News
© Allen Dreyfus

Herald Aloo

Herald Aloo, a journalist based in Nairobi, covers Kenya's economy, focusing on banking, and energy.
  • Net profit jumps to Ksh61.8bn ($478.3m) in 2024
  • Total dividend payout reaches Ksh9.6bn ($74.3m)

Nairobi, Kenya – Kenya’s KCB Group has doubled its dividend payout to Ksh3 per share following a 65% rise in net profit to Ksh61.8bn ($478.3m) for the year ending 2024.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Open market in Accra, Ghana. Photo by Benggriff - Own work, CC BY-SA 3.0
Can Ghana’s cooling treasury bill demand threaten fragile economic recovery?
26/05/2026
10 minutes ago
Evans Effah
Read More »
Detailed view of fiber optic cables connected to a patch panel in a data center. Photo by Brett Sayles @Pexels
Can Namibia position itself as Africa’s next data centre powerhouse?
25/05/2026
17 hours ago
Vitalio Angula
Read More »
Street of Cameroon
Cameroon’s moderate borrowing masks rising financial distress risks
25/05/2026
1 day ago
Justice Nwafor
Read More »

Recent Politics

A protester holding the Kenyan flag during a demonstration in Nairobi's streets. Photo: @Pexels
How Ruto’s fuel policies triggered public outrage in Kenya
25/05/2026
20 hours ago
Wanderi Kamau
Read More »
French President Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
Can France win Anglophone Africa after Sahel influence collapse?
22/05/2026
3 days ago
Wanderi Kamau
Read More »
French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
18/05/2026
1 week ago
Brandon Orion Mensah
Read More »

Latest Posts

Latest news insights

Open market in Accra, Ghana. Photo by Benggriff - Own work, CC BY-SA 3.0
Read More »
Can Ghana’s cooling treasury bill demand threaten fragile economic recovery?
Detailed view of fiber optic cables connected to a patch panel in a data center. Photo by Brett Sayles @Pexels
Read More »
Can Namibia position itself as Africa’s next data centre powerhouse?
A protester holding the Kenyan flag during a demonstration in Nairobi's streets. Photo: @Pexels
Read More »
How Ruto’s fuel policies triggered public outrage in Kenya
Street of Cameroon
Read More »
Cameroon’s moderate borrowing masks rising financial distress risks
Detailed view of fiber optic cables connected to a patch panel in a data center. Photo by Brett Sayles @Pexels
Read More »
Can Namibia position itself as Africa’s next data centre powerhouse?
A protester holding the Kenyan flag during a demonstration in Nairobi's streets. Photo: @Pexels
Read More »
How Ruto’s fuel policies triggered public outrage in Kenya
Street of Cameroon
Read More »
Cameroon’s moderate borrowing masks rising financial distress risks
Ethio Telecom CEO Frehiwot Tamru meets with Solomon Quaynor and senior AfDB officials. Photo: Ethio telecom/Facebook
Read More »
Ethiopia’s Telecom empire redraws Africa’s digital sovereignty battle
A protester holding the Kenyan flag during a demonstration in Nairobi's streets. Photo: @Pexels
Read More »
How Ruto’s fuel policies triggered public outrage in Kenya
Street of Cameroon
Read More »
Cameroon’s moderate borrowing masks rising financial distress risks
Ethio Telecom CEO Frehiwot Tamru meets with Solomon Quaynor and senior AfDB officials. Photo: Ethio telecom/Facebook
Read More »
Ethiopia’s Telecom empire redraws Africa’s digital sovereignty battle
French President Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
Read More »
Can France win Anglophone Africa after Sahel influence collapse?