Business
Sidian Bank secures Ksh.1.1 billion loan to finance Kenyan SMEs
April 13, 2022
Sidian Bank secures Ksh.1.1 billion loan to finance Kenyan SMEs
Sidian Bank has received a Ksh.1.1 billion loan from Switzerland-based Impact Investment EMF Microfinance Fund (EMF). The loan facility will…
UK annual inflation soars to 7% in March
April 13, 2022
UK annual inflation soars to 7% in March
Britain’s annual inflation rate soared to its highest level in three decades last month as energy prices rocket, official data…
Over 20 Kenyan companies invest Ksh.115.4 billion in DR Congo after joining EAC under Equity deal
April 13, 2022
Over 20 Kenyan companies invest Ksh.115.4 billion in DR Congo after joining EAC under Equity deal
Twenty six (26) Kenyan companies have committed trade investments worth Ksh.115.4 billion (US$.1.6Billion) in the Democratic Republic of Congo. The…
KeNIA signs deal to promote entrepreneurship innovation in Kenya
April 12, 2022
KeNIA signs deal to promote entrepreneurship innovation in Kenya
The Kenya National Innovation Agency (KeNIA) and the Association of Startups and SME Enablers of Kenya (ASSEK) have partnered to…
International communication firm BHM opens offices in Kenya
April 12, 2022
International communication firm BHM opens offices in Kenya
International public relations and communications consultancy company BlackHouse Media has opened two new offices in Africa, Kenya, and Ghana, both…
Family bank secures Ksh.1.5 billion loan for SMEs financing targeting women
April 11, 2022
Family bank secures Ksh.1.5 billion loan for SMEs financing targeting women
Family Bank has secured a Ksh.1.5 billion loan portfolio guarantee facility from the African Guarantee Fund (AGF) for Small and…
State pushes for 20% excise duty on punters for second time
April 11, 2022
State pushes for 20% excise duty on punters for second time
The National Treasury Cabinet Secretary Ukur Yatani seeks to increase excise duty as changes are made to the Excise Duty…
NSE listed banks’ net profit grew to Ksh.141.5 billion in 2021; here’s how
April 11, 2022
NSE listed banks’ net profit grew to Ksh.141.5 billion in 2021; here’s how
Banks’ net profit through the 12 months to December 31, 2021, rose to Ksh.141.5 billion from Ksh.80.29 billion in 2020.…
KQ cuts staff by 3% to 3544 to save on operating cost
April 11, 2022
KQ cuts staff by 3% to 3544 to save on operating cost
Kenya Airways (KQ) cut its manpower from 3652 in 2020 to 3544 in 2021 to represent a three percent cut…
President Kenyatta, Tshisekedi sign treaty of association of DR Congo into EAC
April 8, 2022
President Kenyatta, Tshisekedi sign treaty of association of DR Congo into EAC
Presidents Uhuru Kenyatta and Felix Tshisekedi signed the treaty of accession of DR Congo into the East African Community (EAC)…