Business

Absa Life Assurance Earnings Up 90% to Ksh.862 Million

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

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

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

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

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

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

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

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

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

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…
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