Business
Sri Lanka based Mauritius Holdings acquires 73% shareholding of Key Microfinance bank
February 8, 2022
Sri Lanka based Mauritius Holdings acquires 73% shareholding of Key Microfinance bank
The Central Bank of Kenya (CBK) has approved the 73 percent acquisition of the shareholding of Key Microfinance Bank PLC…
UoN secures Ksh.3.8 billion credit from French firm for infrastructure expansion
February 8, 2022
UoN secures Ksh.3.8 billion credit from French firm for infrastructure expansion
The University of Nairobi (UoN) has secured a Ksh.3.8 billion credit from a french firm Agence Française De Development (AFD)…
Methodist Church donates food to near 1000 starving households in Mandera
February 8, 2022
Methodist Church donates food to near 1000 starving households in Mandera
Over 800 vulnerable households in Mandera county have received food donations from the Methodist church in Kenya.During the distribution exercise,…
Safaricom to sponsor Magical Kenya ladies golf open in Vipingo
February 8, 2022
Safaricom to sponsor Magical Kenya ladies golf open in Vipingo
Safaricom-owned M-Pesa has announced Ksh.20 million sponsorship for the second edition of the magical Kenya ladies golf open.The tournament by…
Aga Khan University Hospital confirms Rashid Khalani as CEO
February 8, 2022
Aga Khan University Hospital confirms Rashid Khalani as CEO
The Aga Khan University Hospital, Nairobi has confirmed Rashid Khalani as the Chief Executive Officer (CEO).He has been serving as…
Malawi risks more food inflation after Cyclone Ana destroyed crops
February 8, 2022
Malawi risks more food inflation after Cyclone Ana destroyed crops
Malawi may face faster-rising food prices after at least 77,532 hectares (191,586 acres) of crops such as corn, soybeans, groundnuts,…
Ksh.1.1 billion unauthorized transaction at Britam returns to haunt former employees
February 8, 2022
Ksh.1.1 billion unauthorized transaction at Britam returns to haunt former employees
Former senior employees of the British-American Assets Managers Limited financial firm (BRITAM) now face a Ksh.1.1 billion fraud charges for…
Kenya eyes another Ksh.23 billion loan from world Bank
February 8, 2022
Kenya eyes another Ksh.23 billion loan from world Bank
Kenya is now at an advanced stage to get a fresh Ksh.23 billion from the multilateral lender, the World Bank.World…
Kenyan Shilling to weaken further, experts warn
February 8, 2022
Kenyan Shilling to weaken further, experts warn
Experts are now warning that the Kenyan shilling is likely to depreciate even further after it weakened against the US…
Kenya launches framework for invasive pests, weeds management
February 7, 2022
Kenya launches framework for invasive pests, weeds management
The Ministry of Agriculture has launched a strategy for the management of migratory and invasive pests, a culmination of concerted…