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Stephen Chege & Donald Wangunyu appointed to the NSE Board of Directors

Stephen Chege & Donald Wangunyu appointed to the NSE Board of Directors Shares The Board of Directors of the Nairobi Securities Exchange (NSE) has announced the following changes in the Board. 1. Retirement of Directors Mr. Samuel Kimani – former Board Chairman and an Independent Non-Executive Director. Mr. Bob Karina – Board Vice-Chairman and Director representing Trading Participants. Mr. Hosea Kili – Independent Non-Executive Director. Mrs. Nasim Devji – Non-Executive Director representing Listed Companies. 2. Re-election of Directors Ms. Risper Alaro-Mukoto – Independent Non-Executive Director. Mr. Paul Mwai – Non-Executive Director representing Trading Participants. 3. Election of new Directors The Board is pleased to announce the appointment of the following to the Board.

Banks struggle to shake off Covid effects as profit dips

Banks struggle to shake off Covid effects as profit dips NEWS  Central Bank of Kenya Governor Patrick Njoroge. [David Gichuru, Standard] Banks started the year on a low note after their profitability declined by close to two-fifths in the first two months.  Data from the Central Bank of Kenya (CBK) shows that banks’ profit before tax reduced to Sh15.3 billion by end of February compared to gross profit of Sh24.7 billion that the lenders made in the same month in 2020. This was the lowest profitability in more than five years and indicates the extent to which Covid-19 continues to ravage commercial banks’ bottom lines.

Banks struggle to shake off Covid-19 effects as profit dips

NEWS Central Bank of Kenya Governor Patrick Njoroge. [David Gichuru, Standard] Banks started the year on a low note after their profitability declined by close to two-fifths in the first two months.  Data from the Central Bank of Kenya (CBK) shows that banks’ profit before tax reduced to Sh15.3 billion by end of February compared to gross profit of Sh24.7 billion that the lenders made in the same month in 2020. This was the lowest profitability in more than five years and indicates the extent to which Covid-19 continues to ravage commercial banks’ bottom lines. Paul Mwai, chief executive of AIB Capital investment bank, said with the end of the CBK-supported loan restructuring programme, banks might have been forced to provision for most of the credit.

Banks struggle to shake off Covid-19 effects as profit dips

Banks struggle to shake off Covid-19 effects as profit dips
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

KCSM Inside Washington June 6, 2011

control. members of congress are getting edgy. members are a bit wary about the amount of money we have spent in iraq, afghanistan, and that we are spending in libya. the tweet that launched 1000 kurdish jokes. crude jokes. i can tell you desperate i have photographs, i don t know what things have been many i can tell you this i have photographs, i don t know what things have been manipulated and doctored. captioned by the national captioning institute www.ncicap.org eat you heard mitt romney and say he believes in america and is running for president. romney is said that when barack obama took office, at the economy was in recession, and that he made economy worse. when barack obama took office, we wished him well and hope for the best. now in the third year of is four-year term, we have more than slogans and promises to judge him by. barack obama has failed america. [applause] so mitt romney it asks us to believe he is the man to save america. a sing

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