VICTOR AMADALA

Business Writer

BIO: Victor Amadala is an award winning journalist business with more than 500 published business and human interest feature stories. He is currently a Business Writer for the Star Newspaper, third biggest paper in Kenya www.star.co.ke , handling governance, economics, market place, money matters, building and construction, agribusiness among other topics. He has previously contributed for many established print media in Kenya and abroad including the Business Daily, Standard Newspaper, Daily Nation, KBC, VG Norway, CFO South Africa, Ebano TV in Spain among others In 2014, he scooped the prestigious African Fact Checking Journalism Award in sponsored by the AFP Foundation https://africacheck.org/how-to-fact-check/the-african-fact-checking-awards/ A Thomson Reuters New Age Media fellow, Victor is extremely passionate about developmental journalism with a view of transforming social economic fabric in the continent and across borders. He holds a diploma in journalism from the Kenya Institute of Mass Communication.

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Lower loss provision push up banks' Q1 profits

Most lenders attributes this to business recovery

Absa Kenya's net earnings for Q1 up by 22% to Sh3bn

Customer deposits increased by five per cent to Sh270 billion.

Locked Why Safaricom's share is dropping

The telco's share has shed 37 per cent since May last year

Locked Analysts poke holes in rising infrastructure domestic bonds

The government has issued yet another infrastructure bond worth Sh75 billion for June

KCB Group Q1 profit up 55% to Sh9.9 billion

The Group’s balance sheet expanded by 19.3 per cent to Sh1.2 trillion

Reprieve for Urithi Sacco as Family Bank grants partial discharge on Sh1bn debt

In 2016, Urithi bought Sh 1 billion worth of property which was charged to Family Bank.

Tala appoints Munyi Nthigah as Kenyan GM

Nthigah will also lead Tala Kenya’s 120-person team, accelerating its position as one of Africa’s leading fintechs.

Locked Kenya Power succession intrigues play out in MD hunt

Kenya has had five heads in the past decade

Kenya's new Eurobond to be costly on negative credit profile

The country is set to float $1 billion sovereign bond before July

Geoffrey Muli appointed Kenya Power MD in acting capacity

The company said the appointment is effective May 17, 2022.

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