Business
Madagascar to receive Ksh.34.2 billion credit facility from IMF
March 30, 2021
Madagascar to receive Ksh.34.2 billion credit facility from IMF
By CGTN | The International Monetary Fund’s (IMF) executive board has approved a Ksh.34.2 billion ($312.4 million) extended credit facility…
Family Bank records a 1.3% growth in pre-tax profit to Ksh.1.44 billion
March 30, 2021
Family Bank records a 1.3% growth in pre-tax profit to Ksh.1.44 billion
Family Bank posted a 1.3 percent growth in its profit before tax for the full year ended December 2020 to…
CBK retains benchmark lending rate at 7%
March 30, 2021
CBK retains benchmark lending rate at 7%
The Central Bank of Kenya (CBK) has retained the Central Bank Rate (CBR) at 7 percent on the account that…
Massive losses as the Evergreen ship starts to move in Suez Canal
March 29, 2021
Massive losses as the Evergreen ship starts to move in Suez Canal
A huge container ship that has been wedged in the Suez Canal for almost a week started to move on…
Huduma Centres scale down operations due to COVID-19
March 29, 2021
Huduma Centres scale down operations due to COVID-19
Huduma Centres across the country have revised their operational hours following a Presidential address on Friday, March 26 to help…
Equity Bank reports 11% drop in net profit to Ksh.20.1 billion.
March 29, 2021
Equity Bank reports 11% drop in net profit to Ksh.20.1 billion.
Equity Bank reported an 11 percent drop in net profit for the year 2020 to Ksh.20.1 billion.The profit dip was…
More than 750,000 candidates are sitting KCSE test
March 26, 2021
More than 750,000 candidates are sitting KCSE test
More than 750,000 candidates are sitting the Kenya Certificate of Secondary Education (KCSE) examination that has kicked off countrywide. The…
KEPSA proposes new containment measures to curb spread of COVID-19
March 26, 2021
KEPSA proposes new containment measures to curb spread of COVID-19
The Kenya Private Sector Alliance (KEPSA) now wants President Uhuru Kenyatta to institute additional stringent measures in order to contain…
Sanlam slumps into Ksh.78 million after-tax loss
March 25, 2021
Sanlam slumps into Ksh.78 million after-tax loss
Sanlam Kenya closed the year 2020 on a Ksh.78 million after-tax loss, due to increased claims and lower investment returns,…
Safaricom launches 5G network in Kenya
March 25, 2021
Safaricom launches 5G network in Kenya
Safaricom is set to launch Kenya’s first fifth-generation (5G) mobile internet services targeting major urban centres. The service will be…