Business
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…
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…