Business
National Bank wins 4 awards at Think Business Awards 2022
June 3, 2022
National Bank wins 4 awards at Think Business Awards 2022
National Bank of Kenya (NBK) scooped four awards in the Think Business Banking Awards 2022.NBK was feted in four categories…
Co-op bank bags regional bank of the year award for excellence banking
June 3, 2022
Co-op bank bags regional bank of the year award for excellence banking
The Co-Operative Bank of Kenya has been crowned as East Africa’s Regional Bank of the Year by the African Development…
Safaricom, Visa launch “M-Pesa GlobalPay Visa Virtual” card
June 3, 2022
Safaricom, Visa launch “M-Pesa GlobalPay Visa Virtual” card
Safaricom and Visa, the global leader in digital payments, Thursday introduced the first M-PESA GlobalPay Visa Virtual card to open…
Russia, Saudi agree to further boost oil output amid soaring prices
June 2, 2022
Russia, Saudi agree to further boost oil output amid soaring prices
Major oil producers, led by Saudi Arabia and Russia, on Thursday decided to open their taps wider than expected amid…
Treasury releases over Ksh.7 billion to Kenya Power for a further 15% power cut
June 2, 2022
Treasury releases over Ksh.7 billion to Kenya Power for a further 15% power cut
Kenya Power has received Ksh.7.05 billion subsidy from the National Treasury which will see a second phase of lowering power…
Asian markets mixed as inflation fears weigh
May 31, 2022
Asian markets mixed as inflation fears weigh
Asian stocks were mixed on Monday as inflation fears and concerns about low economic growth weighed on markets.Investors will be…
High food prices push Kenya’s inflation to 7.1% in May
May 31, 2022
High food prices push Kenya’s inflation to 7.1% in May
Inflation in Kenya for the month of May jumped to 7.1 percent from 6.4 percent in April pointing out the…
KQ introduces cashless system at its Kisumu, Mombasa Airports
May 31, 2022
KQ introduces cashless system at its Kisumu, Mombasa Airports
Kenya’s national carrier Kenya Airways (KQ) has adopted a cashless mode of payment at its two major airports.Both Moi International…
Sanlam narrows profit loss by 13.4% to Ksh.542 million in 2021
May 31, 2022
Sanlam narrows profit loss by 13.4% to Ksh.542 million in 2021
Sanlam Kenya narrowed its profit loss by 13.4 percent to Ksh.542 million for the full year ended December 31, 2021.The…
Kenya seeks to raise debt ceiling to Ksh.10 trillion
May 31, 2022
Kenya seeks to raise debt ceiling to Ksh.10 trillion
The National Treasury Cabinet Secretary Ukur Yatani has proposed to raise Kenya’s debt ceiling from the current Ksh.9 trillion to…