Business
Muthaiga-Kiambu road to remain closed for 4 days
February 9, 2022
Muthaiga-Kiambu road to remain closed for 4 days
The Muthaiga-Kiambu road will remain closed for four days starting February 12, 2022, at 6 am. In a notice by…
Showmax offers Safaricom customers two months of streaming for price of one
February 9, 2022
Showmax offers Safaricom customers two months of streaming for price of one
Showmax and Safaricom have partnered to offer customers two months of streaming for the price of one, while making it…
Digital lender Branch acquires 84.89% shareholding of Century Microfinance Bank
February 8, 2022
Digital lender Branch acquires 84.89% shareholding of Century Microfinance Bank
Digital lender Branch has successfully acquired 84.89 percent shareholding of Century Microfinance Bank (Century MFB). The acquisition dated January 1,…
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…
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…
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…
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…