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Corporate
Co-op bank HY profits up 2.8% on rebounding operating income
June 3, 2022
Collins Ogutu
0

Co-op bank bags regional bank of the year award for excellence banking

The Co-Operative Bank of Kenya has been crowned as East Africa’s Regional Bank of the Year by the  African Development Bank at Accra, Ghana. The lender was awarded  for overall excellence in banking in the region. Chair of the African Banker Awards Organising Committee and Publisher of

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Corporate Markets
Safaricom to launch virtual Visa card for all-round global transaction
June 3, 2022
Collins Ogutu
0

Safaricom, Visa launch “M-Pesa GlobalPay Visa Virtual” card

Safaricom and Visa, the global leader in digital payments, Thursday introduced the first M-PESA GlobalPay Visa Virtual card to open global shopping for Kenyan consumers. The launch of the new M-PESA Visa virtual card will allow secure cashless payments at merchant locations in over 200 countries

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POST TAGS:
M-PesaM-Pesa GlobalPay Visa Virtual
Commodities Markets
Oil price up 13% to Ksh.11k in 7yrs on Russia, Ukraine tension
June 2, 2022
CGTN
0

Russia, Saudi agree to further boost oil output amid soaring prices

Major oil producers, led by Saudi Arabia and Russia, on Thursday decided to open their taps wider than expected amid soaring prices. "The meeting highlighted the importance of stable and balanced markets for both crude oil and refined products," the 23-member OPEC+ group said in a

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Oil pricesOPEC
Sport
Vikings, Baddies crowned winner at Red Bull half-court Nairobi edition
June 2, 2022
Nashon Owano
0

Vikings, Baddies crowned winner at Red Bull half-court Nairobi edition

The Vikings and the Baddies were crowned the overall winners in the Men and Women’s categories of the Nairobi edition of the Red Bull Half Court 3-on-3 Basketball tournament played at the University of Nairobi grounds. The tournament which was organized by Red Bull in partnership

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Corporate Economy
Kenya Power posts Ksh.3.8 billion net profit for year ended December
June 2, 2022
Lawrence Baraza
0

Treasury releases over Ksh.7 billion to Kenya Power for a further 15% power cut

Kenya Power has received Ksh.7.05 billion subsidy from the National Treasury which will see a second phase of lowering power consumption in the country by a further 15 percent. The first phase was implemented in January this year after President Uhuru Kenyatta announced in October last

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POST TAGS:
Kenya PowerNational TreasuryUhuru Kenyatta
Sport
Nairobi hosts national finals of Red Bull 3x3 half-court tournament
June 2, 2022
Nashon Owano
0

Nairobi hosts national finals of Red Bull 3×3 half-court tournament

Kenya One and Elite basketball teams were crowned the overall winners in the Men’s and Women’s categories in the Red Bull Half Court 3-on-3 tournament that was held at the Nyayo National Stadium. The event which brought together qualified teams from Nairobi, Mombasa, and Kisumu saw

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