Business
Absa Life Assurance Earnings Up 90% to Ksh.862 Million
April 29, 2024
Absa Life Assurance Earnings Up 90% to Ksh.862 Million
Absa Life Assurance Kenya (Absa Life), an Absa Group subsidiary, reported a 90% increase in headline earnings to Ksh.862 million…
Details of Investment Deals Between Kenya and Tokyo
April 26, 2024
Details of Investment Deals Between Kenya and Tokyo
Kenya is poised to receive a boost in foreign direct investment (FDI) from Asian country, Japan and Porland This FDI…
African States Have Lost $1.3 Billion to Harsh Climate
April 25, 2024
African States Have Lost $1.3 Billion to Harsh Climate
African economies lost US$ 13.7 billion to harsh climate events, following scant progress in adopting and domesticating disaster risk reduction…
Faulu Inks Irrigation Deal with Irri-Hub for Kenyan Farmers
April 24, 2024
Faulu Inks Irrigation Deal with Irri-Hub for Kenyan Farmers
Faulu Bank has inked a financing deal with Irri-Hub Ke Limited to empower smallholder farmers in Kenya. The deal will…
Rwanda to host Shelter Afrique Development Bank’s 43rd AGM in June 2024
April 23, 2024
Rwanda to host Shelter Afrique Development Bank’s 43rd AGM in June 2024
Rwanda will host Shelter Afrique Development Bank (ShafDB) 43rd Annual General Meeting (AGM) in June Kigali, the Company has disclosed.…
CIC To Invest Ksh.40 Million in Tech Upgrade in 2024
April 23, 2024
CIC To Invest Ksh.40 Million in Tech Upgrade in 2024
CIC Insurance Group Plc has laid out a stratrgic plan to invest Ksh.40 million in technology upgrades in 2024. The…
CIC Group Unveils Digital Car Insurance Cover
April 23, 2024
CIC Group Unveils Digital Car Insurance Cover
CIC Group has introduced ‘EasyBima,’ a pioneering digital car insurance product, for Kenyan car owners. The product provides vehicle owners…
Last Week T-Bills Down to 108% to Ksh.26 Billion on Prefered Short-Term Papers
April 22, 2024
Last Week T-Bills Down to 108% to Ksh.26 Billion on Prefered Short-Term Papers
During the week, T-bills were oversubscribed, with the overall oversubscription rate coming in at 108.7%, lower than the oversubscription rate…
Samburu Residents to Benefit After UK Firm Marula Awarded Mining License
April 18, 2024
Samburu Residents to Benefit After UK Firm Marula Awarded Mining License
Marula Mining has been awarded a mining license for its mining operation in Samburu, Kenya. The UK-based firm has been…
Somalia Receives £2.75 Million in Funding From UK
April 18, 2024
Somalia Receives £2.75 Million in Funding From UK
The United Kingdom has given an additional £2.75 million to the UN Support Office in Somalia (UNSOS) Trust Fund in…