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Six top bank CEOs take home over Sh787 million annual pay

Six top bank CEOs take home over Sh787 million annual pay
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.

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Women in tech to receive Sh22 million as seed capital

Women in tech to receive Sh22 million as seed capital
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.

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Women in tech to receive Sh22 million as seed capital

Women in tech to receive Sh22 million as seed capital
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.

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Top CEOs in Kenya pocketed Sh1.8b in perks during Covid-19

Top CEOs in Kenya pocketed Sh1.8b in perks during Covid-19
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.

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Standard Chartered Kenya's 2020 pretax profit slumps on pandemic fallout

By Reuters Staff
1 Min Read
A man walks past a logo of the Standard Chartered Kenya bank in their main office in Nairobi, Kenya September 29, 2017. REUTERS/Baz Ratner
NAIROBI (Reuters) - Standard Chartered Bank of Kenya on Thursday posted a 39% slump in 2020 pretax profit, as the COVID-19 pandemic drove up loan impairments and dented its performance.
The lender, which is controlled by Standard Chartered Plc, said its operating income fell by 5% as net interest income and income from services weakened. Costs went up by a percentage point.
The bank is concerned by a resurgence of infections in the East African nation, which is going through a deadly third wave, Chief Executive Officer Kariuki Ngare told an investor briefing. ....

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