Profits

In a year marked by significant economic challenges, Kenyan banks have outdone themselves, posting a remarkable profit of Sh240.1 billion in 2024. This milestone comes despite the turbulent financial landscape of the nation. But what does this mean for the average Kenyan and the broader economy? As we delve into the details, let's explore the interplay between high profits and economic hardship, drawing insights from leading financial figures. Surprisingly, amid this financial success, banks…

**Mogadishu (AX) —** An exciting shift is happening amidst the arid landscapes of Somalia's Bari region, with local farmers finally reaping the rewards of patience and perseverance. After years of struggling against a harsh climate, they've tapped into success by cultivating and selling dates, sweetening both their prospects and their wallets. Take Mohamed Rage Ali, for instance. The father of 14 has turned a promising corner. After half a decade of toil, his farm has yielded a harvest with a $1,200 payout, providing his…