Business

Housing Finance launches Ksh.1.4 billion housing project in Kiambu

Housing Finance launches Ksh.1.4 billion housing project in Kiambu

HF Group’s banking subsidiary HFC has partnered with Kigutha Farmers Limited to add value to the latter’s 58 acres parcel…
Farmers to receive dividend pay-out from KTDA, subsidiary earnings

Farmers to receive dividend pay-out from KTDA, subsidiary earnings

Smallholder farmers under KTDA management are set to receive a total of Ksh.584,853,000, being dividends payable to farmers through their…
CBK tables report on adoption of digital currency in Kenya

CBK tables report on adoption of digital currency in Kenya

A revolution in technology has been pushing for countries, globally to relook into their currency advancement, over the adoption of…
Kenya to spend over Ksh.39 billion to settle KQ debts

Kenya to spend over Ksh.39 billion to settle KQ debts

The Kenyan government will cough a whooping Ksh.17 billion as a debt guarantee for Kenya Airways. This is according to…
AAR Insurance joins UN Global impact in commitment to sustainable business practices

AAR Insurance joins UN Global impact in commitment to sustainable business practices

AAR Insurance has become the latest underwriter in Kenya to subscribe to the United Nations Global Compact membership, to prioritise…
Kenya to receive Ksh.138 billion World Bank loan

Kenya to receive Ksh.138 billion World Bank loan

The World Bank has approved a Ksh.138 billion loan for Kenya as a budget support facility, just a week after…
Kenya to tax car owners Ksh.5,000 per passenger seat in Finance Bill 2023

Kenya to tax car owners Ksh.5,000 per passenger seat in Finance Bill 2023

Kenyan government is proposing to tax private car owners based on passenger capacity, on top of a lined up tax…
Angola pays Ksh.3.4 bn to become ATI’s 21st Member State

Angola pays Ksh.3.4 bn to become ATI’s 21st Member State

The Republic of Angola has become the 21st African Member State and the 1st Lusophone Member State of pan-African insurer,…
CBK retains benchmark lending rate at 9.5%

CBK retains benchmark lending rate at 9.5%

The Central Bank of Kenya (CBK) has retained the benchmark lending rate at 9.5 percent following its Monetary Policy Committee…
Family Bank profit up to Ksh.1 billion in Q1

Family Bank profit up to Ksh.1 billion in Q1

The Family Bank Group has recorded a Ksh.1.04 Profit Before Tax for the period ending 31 March 2023. The Bank’s…
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