Mstahiki Mea
JF-Expert Member
- Jul 13, 2018
- 5,611
- 10,171
Bank za kenya zimekuwa zikifanya vizuri huku Tanzania. Je huko kenya kuna bank za tanzania au ndio tumekubali kupitwa na kila kitu
"Hello, and another day to you all!#LeavingNoThingToChance: Nairobi Securities Exchange PLC listed banks continued to show their strengths with impressive earnings in Tanzania in the first 3 months of 2025. Equity Bank (Tanzania) Limited led the growth parade with +634% growth in pre-tax profits to Tshs 11.3 billion(Ksh 540 million). I&M Bank Ltd whose share price more than doubled at the Nairobi Securities Exchange PLC last year affirmed investors' belief in them with a +151% growth in profit before taxes in Tanzania in Q1 2025 to Tshs 6.34 billion (Ksh 300 million). KCB Bank Tanzania remained the most profitable with Tshs 21.4 billion(Ksh 1 billion), a Ksh 4 billion annual run rate. #DancingElephants #Whispers: KCB Bank Group proved that incumbents still got steam when it announced in its annual report that the value of Internet banking transactions surpassed those for mobile banking for the first time in its entire history! The value of digital transactions grew by +12% to Ksh 6.7 trillion, with Ksh 2.9 trillion processed on the internet banking platform. Branches handled 38% of the value of transactions. Non-branch transactions first surpassed branch transactions by value in 2022. #LeadingVsLaggingIndicators#EyesOnTheNationalBudget: The much-awaited Finance Bill 2025 was approved by the cabinet and presented to the parliament on the 30th of April, 2025 and is now with the Departmental Committee for Finance and National Planning, chaired by Hon. (CPA) Kuria Kimani, the Member of Parliament for Molo. The Appropriations Bill 2025/26 is with the Budget & Appropriations Committee chaired by Alego Usonga MP, Hon. Sam Atandi. Public participation will follow thereafter. Keep an eye on the BROP(Budget Review and Outlook Paper) for the 2025/26 budget which was released last year. Of Importance is also the Budget Policy Statement(BPS) which was released in February 2025 for a better understanding of the 2025/26 Budget estimates. The actual budget estimates are divided into itemized budgets and programmed-based budgets. Of interest in itemized budgets are recurrent budget books and development budget books which give detailed line-by-line budget items done at the lowest level of government entities known as cost centres then rolled up to departments then the votes(the highest level of government entities eg Ministries). Happy learning and review of the 2025/26 budget! We will be sharing our insights in the coming weeks. #StayCuriousNInformed#ClashOfTitans The portmanteau that is Safaricom PLC is expected to announce its financials for the period ended the 31st of March, 2025 on Friday, the 9th of May, 2025. The battle for the most profitable company in East Africa is between them and KCB Bank Group. Friday awaits!
"Hello, and another day to you all!#LeavingNoThingToChance: Nairobi Securities Exchange PLC listed banks continued to show their strengths with impressive earnings in Tanzania in the first 3 months of 2025. Equity Bank (Tanzania) Limited led the growth parade with +634% growth in pre-tax profits to Tshs 11.3 billion(Ksh 540 million). I&M Bank Ltd whose share price more than doubled at the Nairobi Securities Exchange PLC last year affirmed investors' belief in them with a +151% growth in profit before taxes in Tanzania in Q1 2025 to Tshs 6.34 billion (Ksh 300 million). KCB Bank Tanzania remained the most profitable with Tshs 21.4 billion(Ksh 1 billion), a Ksh 4 billion annual run rate. #DancingElephants #Whispers: KCB Bank Group proved that incumbents still got steam when it announced in its annual report that the value of Internet banking transactions surpassed those for mobile banking for the first time in its entire history! The value of digital transactions grew by +12% to Ksh 6.7 trillion, with Ksh 2.9 trillion processed on the internet banking platform. Branches handled 38% of the value of transactions. Non-branch transactions first surpassed branch transactions by value in 2022. #LeadingVsLaggingIndicators#EyesOnTheNationalBudget: The much-awaited Finance Bill 2025 was approved by the cabinet and presented to the parliament on the 30th of April, 2025 and is now with the Departmental Committee for Finance and National Planning, chaired by Hon. (CPA) Kuria Kimani, the Member of Parliament for Molo. The Appropriations Bill 2025/26 is with the Budget & Appropriations Committee chaired by Alego Usonga MP, Hon. Sam Atandi. Public participation will follow thereafter. Keep an eye on the BROP(Budget Review and Outlook Paper) for the 2025/26 budget which was released last year. Of Importance is also the Budget Policy Statement(BPS) which was released in February 2025 for a better understanding of the 2025/26 Budget estimates. The actual budget estimates are divided into itemized budgets and programmed-based budgets. Of interest in itemized budgets are recurrent budget books and development budget books which give detailed line-by-line budget items done at the lowest level of government entities known as cost centres then rolled up to departments then the votes(the highest level of government entities eg Ministries). Happy learning and review of the 2025/26 budget! We will be sharing our insights in the coming weeks. #StayCuriousNInformed#ClashOfTitans The portmanteau that is Safaricom PLC is expected to announce its financials for the period ended the 31st of March, 2025 on Friday, the 9th of May, 2025. The battle for the most profitable company in East Africa is between them and KCB Bank Group. Friday awaits!
