Collins Ogutu
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Corporate
United Bank of Africa Allocates Ksh.37.5 Billion to Boost Kenyan SMEs
United Bank of Africa (UBA) has committed Ksh.37.5 billion ($285 million) to its Kenyan subsidiary, UBA Bank Kenya, to support…
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East Africa
US Gives Kenyan Police $7 Million for Organised Crimes
The U.S. government has pledged $7 million (approximately Ksh.900 million) to support Kenya’s National Police Service (NPS). The funding is…
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Technology
Flutterwave Loses $13.5 Million in Fresh Cyberattack
Flutterwave suffered another security breach that allowed unknown persons to illegally transfer between Ksh.926 million ($7 million) and Ksh.1.7 billion…
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Technology
Kenya’s BuuPass to Venture into Eight New African Markets
Kenyan startup BuuPass has laid plans to expand into eight new African markets by 2025. The plan aligns with the…
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East Africa
IMF Approves $76.2 Million Loan to Rwanda After Meeting Conditions
The International Monetary Fund (IMF) has approved a $164 million loan extension to Rwanda, with an immediate disbursement of $76.2…
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Corporate
NCBA Group After Tax Profit Up 4.4% in Q1 2024
NCBA Group posted 4.4% growth in after-tax profit to Ksh.5.3 billion for the full year ended March 31, 2024. The…
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Credit Score
What it Means as Kenyan Banks Adopt Risk Based Pricing Model
Commercial banks in Kenya have received approval to advance in Risk-Based Pricing, in what is seen as a measure to…
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Economy
Uganda Helps Push Kenya’s GDP to 5.6% in 2023
Agricultural activities pushed Kenya’s Gross Domestic Product (GDP) to a record 5.6%, according to the new data released by the…
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International
Who Will Take Over After The Death of Iranian President Raisi?
President Ebrahim Raisi and Foreign Minister Hossein Amir-Abdollahian were among those who died in a helicopter crash on Sunday. Raisi,…
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Technology
CCI Global Launches Ksh.6.5 Billion Call Centre in Kenya
CCI Global has opened a call centre in Tatu City, Kenya’s 5,000-acre Special Economic Zone. The new five-storey facility represents…
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