HF Group, through its banking subsidiary HFC has entered into a partnership with the Jua Kali Contractors Federation of Kenya (JKCFK) that will see the lender support the federation and its members with access to credit and opportunities for enhanced participation in Kenya’s real estate
Nice & Lovely has launched their new Bio Body Oil to help women reduce the appearance of stretch marks at different stages of their lives. The locally manufactured product is designed to achieve even and flawless skin in record time. Nice and Lovely which is part
Kenya only has ten banks that are listed on the Nairobi Securities Exchange (NSE) out of a larger 42 lenders cut across the country. Of all these ten, their total assets through the 12 months to December 31, 2021, rose to Ksh.6.5 trillion with the Kenya
Kenya’s foreign exchange reserves posted an improved performance from the previous week to Ksh.884.2 billion, according to the latest data by the Central Bank of Kenya (CBK). This is a 2.4 percent performance compared to Ksh.863.2 billion it posted the previous week. The import cover signifies 3.63
Equity Group Holdings PLc, through Equity Bank Kenya Limited (EBKL) announced on February 1, 2023, that it had completed the acquisition of certain assets and liabilities of Spire Bank Limited after obtaining all the required regulatory approvals. The completion of the acquisition followed the Assets and
Following the release of the FY’2022 results by the Nairobi Securities Exchange (NSE) listed banks, we performed an analysis on the financial performance of these ten banks and identified the key factors that shaped the performance of the sector. The Core Earnings per Share (EPS) for
By Doreen Njau, Albert Bundi, Nicholas Njau, and Kim Kariuki from MicroSave Consulting Salon owner Stella was visibly excited after hearing the Kenyan President’s inauguration address. Soon after, she picked up her phone, dialed *254#, followed the message prompts, and waited. After 48
The National Treasury re-opened a three-year and a fifteen-year Treasury Bond for auction which saw investors in a seemingly tight-liquidity market avoid. Figures from the Central Bank of Kenya (CBK) indicate that out of Ksh.30 billion that had been put up for auction, only Ksh.7.3 billion
Family Bank has acquired a Ksh.20 million loan facility from FSD in an expansion drive on its loan portfolio to support farmers. The facility will boost activities specifically in dairy farming, cooperatives, dairy companies and input suppliers. The two-year agreement credit guarantee facility will facilitate the purchase
An Export Processing Zone (EPZ) is a State Corporation under the Ministry of Investments, Trade and Industry, established in 1990 by the EPZ Act CAP 517, Laws of Kenya. It is a Customs area where one is allowed to import plant, machinery, equipment and material for
