Business
SBM Bank Appoints Bhartesh Shah its New CEO
May 9, 2024
SBM Bank Appoints Bhartesh Shah its New CEO
SBM Bank (Kenya) Limited Board has appointed Bhartesh Shah its new Chief Executive Officer (CEO), effective May 9, 2024. Shah…
Shilling Regains Strength Against Dollar to 131 Units
May 9, 2024
Shilling Regains Strength Against Dollar to 131 Units
The Kenyan shilling has shown signs of resilience and strength against the US Dollar, marking a fluctuating yet notable trend…
Flood Victims to Benefit from Safaricom’s Ksh.30 Million Kitty
May 9, 2024
Flood Victims to Benefit from Safaricom’s Ksh.30 Million Kitty
Safaricom announced Thursday it will support Kenyans affected by the flood through M-PESA Foundation. The Ksh.30 million will be used…
Safaricom Earnings Cross $1 Billion Mark, Retains Dividend at Ksh.1.2
May 9, 2024
Safaricom Earnings Cross $1 Billion Mark, Retains Dividend at Ksh.1.2
In the dynamic landscape of African business, a select few companies have managed to surpass the $1 billion mark in…
KRA Partners with KNCCI to Boost Tax Compliance Among MSMEs
May 8, 2024
KRA Partners with KNCCI to Boost Tax Compliance Among MSMEs
Kenya Revenue Authority (KRA) has announced partnership with the Kenya National Chamber of Commerce and Industry (KNCCI) to sensitize Micro,…
Schools in Kenya to Re-Open on May 13th
May 8, 2024
Schools in Kenya to Re-Open on May 13th
Schools are set to be re-opened in Kenya on May 13, 2024, following the announcement by President William Ruto. The…
Ruto Declares Friday Public Holiday
May 8, 2024
Ruto Declares Friday Public Holiday
President William Ruto declared Friday a public Holiday following the heavy rains that have claimed lives. The May 10, 2024…
Delayed US Rate Cut to Hurt Borrowing in Kenya
May 7, 2024
Delayed US Rate Cut to Hurt Borrowing in Kenya
The decision by the U.S. Federal Reserve to postpone the anticipated reductions in interest rates to later in the year,…
Why Kenya Shilling Can’t Hold Grip Against Dollar for Long
April 30, 2024
Why Kenya Shilling Can’t Hold Grip Against Dollar for Long
Kenya has witnessed a significant shift in its currency dynamics, with the Kenyan Shilling depreciating against the US Dollar –…
NCBA Launches New App for Tanzanian Market
April 29, 2024
NCBA Launches New App for Tanzanian Market
The NCBA Group has introduced its cutting-edge banking omnichannel application, NCBA Now, in Tanzania. The primary goal is to enhance…