Business
May Bonds underperform as Treasury raises Ksh.31 billion against Ksh.60 billion target
May 19, 2022
May Bonds underperform as Treasury raises Ksh.31 billion against Ksh.60 billion target
The National Treasury has managed to raise a mere Ksh.31.7 billion from bonds this month against a target of Ksh.60…
Transport paralysed along Waiyaki Way over protest by matatu operators
May 19, 2022
Transport paralysed along Waiyaki Way over protest by matatu operators
Transport was paralysed along Wayiaki Way Thursday morning due to ongoing go-slow by matatu operators near Westlands Roundabout. They are…
Over 300,000 youth to benefit from software development training to curb unemployment
May 19, 2022
Over 300,000 youth to benefit from software development training to curb unemployment
Power Learn Project, a Pan African impact organization has announced its plan to train more than 300,000 young people and…
African businesses receive Ksh.11.6 billion supply chain funding from BII, Citi
May 18, 2022
African businesses receive Ksh.11.6 billion supply chain funding from BII, Citi
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has signed a Ksh.11.6 billion risk-sharing facility…
Investors at NSE to pay CDSC Ksh.1.8 billion as annual upkeep fee
May 18, 2022
Investors at NSE to pay CDSC Ksh.1.8 billion as annual upkeep fee
Investors at the Nairobi Securities Exchange (NSE) will pay Ksh.1,200 annually or Ksh.100 monthly for the upkeep of their trading…
UAP Old Mutual rebrands to Old Mutual
May 18, 2022
UAP Old Mutual rebrands to Old Mutual
UAP Old Mutual Group has rebranded to Old Mutual. The rebranding has already taken place in both Kenya and Rwanda…
Kenya Power appoints Geoffrey Muli interim Managing Director
May 18, 2022
Kenya Power appoints Geoffrey Muli interim Managing Director
Geoffrey Muli has been appointed an interim Managing Director of Kenya Power effective May 17, 2022. He takes over from…
Standard Chartered posts Ksh.2.7 billion net profit in Q1 2022
May 18, 2022
Standard Chartered posts Ksh.2.7 billion net profit in Q1 2022
Standard Chartered Bank Kenya’s Q1 net profit in 2022 surged by 16 percent to Ksh.2.7 billion from Ksh.2.3 billion in…
KNCCI, Digital lenders build ecosystem to provide credit solutions to SMEs
May 18, 2022
KNCCI, Digital lenders build ecosystem to provide credit solutions to SMEs
Kenya National Chambers of Commerce and Industry (KNCCI) agreed to build an ecosystem with Digital lenders in the country to…
Over 100 jobs set for opening with Hilton’s new hotel in Nairobi
May 17, 2022
Over 100 jobs set for opening with Hilton’s new hotel in Nairobi
Hilton Hotel has announced its plan to open a new hotel in Nairobi, hardly a month after it announced that…