Corporate
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NBK Appoints George Odhiambo as Managing Director
The National Bank of Kenya (NBK) Board of Directors has appointed George Odhiambo as the Managing Director. The position was…
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Zoho Unveils Unified Communications Platform, Launches New Collaboration Tech
Zoho Corporation unveiled its unified communications platform, Trident, for easy communication across channels by reducing tool ambiguity, and improving an…
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Disney to cut off 7,000 jobs in restructuring plan
An entertainment and media company, Walt Disney, popularly known as Disney, announced Wednesday that it would be laying off 7,000…
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Kenya Power ramps up investment in grid expansion to support e-mobility
Kenya Power has assured investors in the electric mobility value chain that the grid network is robust enough to support…
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Shelter Afrique partners with Indian-based Actis for affordable Housing in Kenya
Nairobi- based pan-African housing development financier – Shelter Afrique announced a partnership deal with Actis for affordable housing in Kenya…
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Court shoots down Facebook’s prayer not to be tried in Kenya territory
Meta, the parent company of three social media network ginats, Instagram, Facebook and WhatsApp will and can be tried in…
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Dell to lay off over 6,000 employees as computer demand falls 37%
Dell announced Monday that it will be laying off 5 percent of its workforce globally, about 6, 650 employees. In…
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Olaseni joins MFS Africa’s Global Technology Partners as new tech head
Olaseni Alabede, a veteran of the payments technology sector with more than 18 years of experience, has joined Global Technology…
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Egypt-based CIB completes 100% acquisition of MBL
The Commercial International Bank (Egypt) S.A.E. (CIB) has acquired an additional 49 percent of the shareholding of Mayfair CIB Bank…
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KenGen approves Ksh.1.3 billion dividend payout
Kenya Electricity Generating Company PLC (KenGen) will pay a total of Ksh.1.32 billion in dividends to its shareholders for the…
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