Lawrence Baraza
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Markets
Debt Shaming Cases by Mobile Lenders Down 75% on Fresh Regulations
Cases of harassment and debt shaming by digital lenders have declined following the joint efforts to bring sanity to the…
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Corporate
CIC Pretax Proft Up 209% to Ksh.2.5 Billion
CIC Insurance Group Plc has reported a Profit Before Tax of Kssh.2.5 billion for the year ended December 2023 from…
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Corporate
Old Mutual in Nyeri to Help Flood Victims
Old Mutual Group and its subsidiary, Faulu Microfinance Bank are in Nyeri to help more than 500 families that have…
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Finance
Umba Microfinance Bank to Offer Car Finance in Deal with Peach Cars at 70%
Peach Cars has joined forces with Umba Microfinance Bank to introduce a groundbreaking 24-hour car financing option for customers. Peach…
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Corporate
SBM Bank Appoints Bhartesh Shah its New CEO
SBM Bank (Kenya) Limited Board has appointed Bhartesh Shah its new Chief Executive Officer (CEO), effective May 9, 2024. Shah…
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Currencies
Shilling Regains Strength Against Dollar to 131 Units
The Kenyan shilling has shown signs of resilience and strength against the US Dollar, marking a fluctuating yet notable trend…
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Corporate
Flood Victims to Benefit from Safaricom’s Ksh.30 Million Kitty
Safaricom announced Thursday it will support Kenyans affected by the flood through M-PESA Foundation. The Ksh.30 million will be used…
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Corporate
Safaricom Earnings Cross $1 Billion Mark, Retains Dividend at Ksh.1.2
In the dynamic landscape of African business, a select few companies have managed to surpass the $1 billion mark in…
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Economy
Schools in Kenya to Re-Open on May 13th
Schools are set to be re-opened in Kenya on May 13, 2024, following the announcement by President William Ruto. The…
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Schools in Kenya to Re-open on May 13th
Schools are set to be re-opened in Kenya on May 13, 2024, following the announcement by President William Ruto. The…
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