Author: admin
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AI Emerges as a Bright Spot as Global Uncertainty Weighs on The Economy
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As geopolitical tensions, inflation concerns, and slower global growth continue to weigh on investor sentiment, artificial intelligence is emerging as one of the few forces helping support confidence in the global economic outlook. While much of the market is navigating uncertainty, investment tied to Artificial Intelligence continues to stand out…
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IMF Sounds Alarm Amid Recession Fears
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The International Monetary Fund has lowered its global growth outlook for 2026, signaling rising concern over the resilience of the world economy amid geopolitical uncertainty, persistent inflation risks, and fragile financial conditions. In its latest assessment, the IMF projects slower growth under its baseline scenario, reflecting mounting pressures facing both…
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Energy Shock Fuels Market Anxiety as Strait of Hormuz Tension Rises
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Renewed tensions around the Strait of Hormuz are sending fresh waves of anxiety through global markets, as investors weigh the risks of disruption along one of the world’s most strategically important energy corridors. Oil and gas prices have moved higher amid concerns that instability in the region could affect the…
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UNICEF Chief calls for urgent global support as children in Somalia face worsening malnutrition
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Nearly 2 million children across Somalia are at risk of acute malnutrition, reflecting a deteriorating situation as multiple crises continue to converge, warned UNICEF Executive Director Catherine Russell at the end of her mission to the country. Somalia is confronting a deepening emergency, driven by drought, conflict, displacement and severe…
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DTB pre- tax profit jumps by 26%, increases dividend to KShs 9 per share
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Diamond Trust Bank (DTB) today announced its financial results for the year ended 31 December 2025, delivering strong growth across key financial indicators. Pre- tax profits rose by a significant 26% whilst profit after tax increased by 21% to KShs 10.7 billion. This reflected a significant 15% increase in total…
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YENGOLF Partners with WIN Group to Boost Golf Tournaments and Lifestyle Events
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YENGOLF has entered into a strategic partnership with WIN Group Management Limited aimed at expanding golf tournaments and enhancing lifestyle experiences linked to the sport in Kenya. The partnership was officially announced during a press briefing held at YENGOLF’s offices located at Runda Mall in Nairobi. Through the collaboration, WIN…
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Old Mutual PLC Reports KES 856 million Profit After Tax
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Old Mutual Holdings PLC has reported a profit after tax of KES 856 million for the yearconsolidated profit before tax of KES 1.9 billion, supported by strong performance inthemanagement businesses. Assets under management at Old Mutual Investment GroupThe Group that operates in Kenya, Uganda, Rwanda, and South Sudan recorded aDuring…
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Trust Merchant Bank Boosts Capacity with Enhanced Banking Platform
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Trust Merchant Bank (TMB) has resumed full branch operations across the Democratic Republic of Congo, leveraging an upgraded core banking system to enhance service delivery and support future growth. The improved system is expected to boost the bank’s capacity to handle increased transaction volumes while meeting the evolving needs of…
