AUF2 Day 1-3

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Date: 13 April 2026    Comments: 0

UBA Kenya Returns to Profitability, Strengthens Capital Position and Signals Growth Trajectory

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UBA Kenya Returns to Profitability, Strengthens Capital Position and Signals Growth Trajectory

NAIROBI, March 29, 2026 — United Bank for Africa (UBA) Kenya has officially announced a robust recovery in its 2025 financial performance, signaling a successful milestone in the bank's transformation journey. The institution posted a profit before tax of KES 426.8 million, a remarkable 173% improvement over the previous year's loss.

Capital Injection and Market Confidence

In a move that underscores the UBA Group's commitment to the Kenyan ...

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Date: 02 April 2026    Comments: 2

Bamburi Cement Plc Appoints Geoffrey Ndugwa as New CEO-Chief Executive Officer

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Executive Transition:Bamburi Cement Plc Appoints Geoffrey Ndugwa as New-CEO Chief Executive Officer

NAIROBI, April 2, 2026 — The Board of Bamburi Cement Plc, a leading local cement and concrete solutions provider, has officially announced the appointment of Mr. Geoffrey Ndugwa as the company’s new Chief Executive Officer (CEO), effective April 1, 2026.

Mr. Ndugwa succeeds Mr. Mohit Kapoor, who has concluded his tenure after successfully stabilizing the business during a critical transition phase.

A Seasoned Visionary for a New ...

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Date: 02 April 2026    Comments: 1