#Kenya ni Uchumi wa kwenye makaratasi!
Kenyan Companies Dominates the List of the Companies With the Highest Net Income in the Region
Kevin.n
Oct 16, 2020 3:09 PM
Kenya is among the few countries in Africa where investment highly flourishes hence leads to flocking of investors ( both international and local ) into the country especially to it's capital city Nairobi which is an economic hub not only in the country but also the whole of East and central Africa.
Most of Kenyan companies ( about 70% ) are due to investment from local and international investors which contributes greatly in the country's economy though agriculture is still the country's economy backbone.
From the latest rankings of the top 15 companies with the highest net income (US $M) in East Africa region done by Africa Full Facts, Kenya dominates the list where 12 out of the top 15 companies are from Kenya.
Here are the rankings of the companies;
1. Safaricom PLC, Kenya, $598m
2. KCB Group, kenya, $238m
3. Equity Group Holdings, kenya, $211m
4. Co-operative Bank of Kenya, Kenya, $135m
5. East Africa Breweries, Kenya, $84m
6. Standard chartered Kenya, kenya, $78m
7. I & M Holdings, Kenya, $75m
8. KenGen, Kenya , $74m
9. NMB Bank, Tanzania, $65m
10. Diamond Trust Kenya, Kenya, $64m
11. Stanbic Bank, Uganda, $57m
12. NCBA, kenya, $54m
13. Vodacom Tanzania, Tanzania, $39m
14. British America Tobacco, Kenya, $37m
15. Jubilee Holdings, Kenya, $36m.