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Radio Generation Kenya
Radio Generation Kenya

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Absa Bank posts 15% profit rise on lower loan provisions
Business

Absa Bank posts 15% profit rise on lower loan provisions

Operating expenses dropped 13 percent as the bank’s lower loan provisions cushioned the impact of falling interest earnings. The decrease in provisions came even as the total stock of non-performing loans rose 3.8 percent to Sh44.3 billion, amid a tough economic environment where borrowers, both individuals and companies, face repayment challenges.

Poland PM links railway attacks to Ukrainians working for Russia
Global Affairs

Poland PM links railway attacks to Ukrainians working for Russia

Tusk stressed that the aim of the sabotage was to trigger a serious rail accident. He withheld the suspects’ identities to protect the ongoing investigation but noted that one lives in eastern Ukraine while the other resides in Belarus. Both had entered Poland from Belarus during the autumn and have since returned through the Terespol crossing, near the Ukrainian border.

Tom Cruise earns long-awaited Oscar after four decades in film
Entertainment

Tom Cruise earns long-awaited Oscar after four decades in film

A four-time nominee, Cruise walked onto the stage to warm applause before delivering a heartfelt speech reflecting on the path his life has taken and the passion that has kept him in front of the camera for 45 years. “Making films is not what I do, it is who I am,” he said, speaking to a room filled with well-known filmmakers and actors including Steven Spielberg, Leonardo DiCaprio, and Jerry Bruckheimer.

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