Business
CBK grants Virtual Pay operation license for financial services in Kenya
August 8, 2022
CBK grants Virtual Pay operation license for financial services in Kenya
Virtual Pay Internaltion has been granted an operation license to offer financial services in Kenya. The license from the Central…
Copia ventures into sugar, rice processing in Kenya
August 8, 2022
Copia ventures into sugar, rice processing in Kenya
Copia Global, an e-commerce platform says it will start processing both sugar and rice in Kenya in a bid to…
Kenya Re half year profit up 56% to Ksh.1.9 billion
August 5, 2022
Kenya Re half year profit up 56% to Ksh.1.9 billion
Kenya Reinsurance Corporation Limited half year profit grew by 56 percent to Ksh.1.19 billion compared to Ksh.760 billion in the…
NBK inks Ksh.1.1 billion deal with WaterEquity for SME financing
August 5, 2022
NBK inks Ksh.1.1 billion deal with WaterEquity for SME financing
National Bank of Kenya (NBK) has inked a Ksh.1.1 billion deal with global asset manager WaterEquity to enhance financing to…
CBK warns financial institutions over growing money fraud within self
August 5, 2022
CBK warns financial institutions over growing money fraud within self
Kenyans are at high risk of losing money through banking fraud owing to mobile banking that has grown from a…
Sanlam slashes half year loss to Ksh228 million
August 4, 2022
Sanlam slashes half year loss to Ksh228 million
Sanlam Kenya has slashed its half year loss to Ksh.287.7 million from Ksh.291.9 million same time in 2021. The moderate…
How to bypass NTSA services while facing access challenges
August 3, 2022
How to bypass NTSA services while facing access challenges
The National Transport and Safety Authority (NTSA) website has been experiencing errors for days after the authrity unveiled a vehicle…
CBK okays Egyptian bank Banque Misr S.A.E. to set up branch in Kenya
August 3, 2022
CBK okays Egyptian bank Banque Misr S.A.E. to set up branch in Kenya
The Central Bank of Kenya (CBK) okayed Egyptian bank Banque Misr S.A.E. to establish a representative office in Kenya. The…
Majority of Kenyan employees still earning below minimum wage – Report
August 3, 2022
Majority of Kenyan employees still earning below minimum wage – Report
Majority of Kenyan employees are still earning way below the set minimum wage, indicating a resistance to wage laws and…
Kenya’s forex reserve down to Ksh.916 billion from Ksh.943 billion previous week
July 23, 2022
Kenya’s forex reserve down to Ksh.916 billion from Ksh.943 billion previous week
Kenya’s foreign exchange reserves which are held at the Central Bank of Kenya (CBK) have fallen below an equivalent four…