Central Bank of Kenya (CBK) has approved the Co-operative Bank of Kenya’s
acquisition of a 90 percent stake in Jamii Bora Bank (JBB).
regulatory approval comes a month after shareholders of JBB approved
Co-op Bank’s offer to acquire 90 percent of the bank. Co-op Bank will buy 224,153,154
Fourteen more Kenyans have lost their lives to COVID-19 as Kenya crossed the 25,000 mark in the number of COVID-19 cases. The latest number of new fatalities brings the number of deaths resulting from the disease to 413.
Speaking in Kisii County,
Health Cabinet Secretary, Mutahi Kagwe
By PSCU | President Uhuru Kenyatta on Friday issued an Executive Order establishing a framework for the management, coordination and integration of public port, railway and pipeline services under the Kenya Transport and Logistics Network (KTLN).
The network brings together the Kenya Ports
Authority (KPA), Kenya Railways
Tourism and Wildlife
Cabinet Secretary, Najib Balala launched Kenya’s second edition of the lion and
spotted hyena Recovery and Action Plan at a colourful ceremony held at the
world famous Masai Mara National Reserve on Thursday.
The CS said the Action plan
addresses complex threats faced by the two carnivores
For the first time this year so far, Kenyan businesses registered a monthly upturn in production in July, a new survey by Stanbic has shown.
According to the Stanbic Purchasing Managers Index (PMI), many firms reported that the reopening of businesses and the lifting of
Telkom Kenya has pulled the plug on
its planned merger with Airtel Kenya, citing challenges experienced in
getting all the approvals required to complete the transaction.
In a statement sent to
newsrooms, Telkom Kenya Chief Executive Officer, Mr. Mugo Kibati has said the decision has been mutually agreed with
If you have just checked into a hotel, it will be
possible for you to consume your favourite tipple in your room.
This follows a new directive by Tourism and Wildlife Cabinet
Secretary, Najib Balala allowing the sale of alcoholic drinks to checked-in
“Only lodges, hotels and resorts offering
Equity Bank has signed a Memorandum of
Understanding (MoU) with Crown Healthcare to enable Small and Medium Enterprises
in the medical sector to acquire medical equipment.
Under the agreement, Equity will provide
equipment financing, trade finance solutions, working capital facilities as
well as offer the bank’s products and services
By Daisy Okanga | The Intercontinental Hotels Group is considering winding up its operations in Nairobi after 51 years in operation.
In a notice issued to its staff, the five-star hotel said it was declaring
all positions redundant with the staff being given a 45-day notice for
For the seventh time, the Senate voted Tuesday to adjourn
debate on the proposed third County Revenue Allocation formula.
Elgeyo Marakwet Senator, Kipchumba Murkomen moved a motion in
the House for the debate to be adjourned to allow for dialogue outside the
34 Senators voted in favour of