Kenyan public relations and digital consultancy firm AM Communications has partnered with South Africa-based Alfa Destiny Communications in a deal targeting the fast-growing African market for specialized corporate communication and reputation management solutions. The two agencies have agreed to jointly provide innovative strategic communications solutions to
National Bank of Kenya has posted a profit after tax of Ksh.828 million for the financial year ending December 31, 2022. The Bank maintained strong operational performance, reporting an operating income growth of 13% to Ksh.11.7 billion compared to Ksh.10.2 billion recorded in 2021. The impressive
President William Ruto has appointed Shadrack Mose as Solicitor General. Mose is a practicing advocate of the High Court with more than 29 years of experience. He is the former Kitutu Masaba Member of Parliament from Nyamira County. The former legislator takes over from Ken Ogeto who was
Loans disbursed through digital mobile lenders in Kenya hit Ksh.500 billion mark in eight years to 2023, with nearly four out of ten Kenyans going for mobile loans every day, highlighting the growing prevalence of app-based borrowing use in the country. This was revealed during the
Both Kenya and Italy have agreed to negotiate on the avoidance of a double-taxation agreement that will usher in higher levels of foreign direct investments. Speaking at State House during a state visit by President Sergio Mattarella of Italy, President William Ruto disclosed that they had
A court in France has thrown out a lawsuit filed against TotalEnergies by two French and four Ugandan groups over the East African Crude Oil Pipeline (ECOP), also known as Uganda Tanzania Crude Oil Pipe (UTCOP) The lawsuit had also included six Non-Governmental Organisations (NGOs) in
The yields on Eurobonds recorded a mixed performance in the week ended March 10, when performance on the 12-year Eurobond issued in 2019 recorded the most significant gain, having increased by 0.3% points to 11.3% from 11.0% recorded the previous week. The 10-year Eurobond issued in
From small to larger ones, companies in Africa are still grappling with access to credit, more so from domestic banks. This has seen the nascent of private credit/debt for a strong capital base, an initiative that is being popularised by huge venture capital (VC) deals in
President William Ruto has made new appointments in various parastatals. They include the President’s trusted personnel who will help him propel his Bottom-Up agenda. 1. Prof Raphael Munuve - Chair Konza 2. Emilio Mugo - Chair NEMA 3. Stanley Khainga - Chair, KMPDC 4. Francis Gichaba - Chair Tourism Board 5.
Xi Jinping was unanimously elected president of the People's Republic of China (PRC) and chairman of the Central Military Commission (CMC) of the PRC on Friday at the ongoing session of the 14th National People's Congress. He made a public pledge of allegiance to the Constitution
