Kenya Chamber of Commerce Signs MOU with Equity Bank to offer Ksh. 200 billion to SMEs
Nairobi Tuesday 13th October 2020, The Kenya National Chamber of Commerce and Industry (KNCCI) and Equity have signed an MOU that has seen Equity set aside Ksh 200 billion for [...]
Huawei Kenya and Partners Hold Online Job Fair with 40 Positions Available
Huawei Kenya and their partners recently organized an online job fair as they seek to hire more than 40 professional ICT workers. Despite the difficult economic environment, Huawei continues to [...]
UAP widens loss to Ksh 3.2 Billion on fair value write-downs
UAP Holdings Plc has recorded a loss before tax of KShs 3.229 Billion in 2019 compared to a loss before tax of KShs 480 million in the previous year. The [...]Mastercard Builds on COVID-19 Response with Commitment to Connect 1 Billion People to the Digital Economy by 2025 Kenya Included
Nairobi, Kenya, May 18, 2020–The health and economic consequences of COVID-19have highlighted the critical need to support vulnerable populations, many of whom are disproportionately impacted. In this time of global [...]Absa Bank Kenya Plc Media Statement
We have noted the Central Bank of Kenya’s press statement this morning in which it announced the suspension of Absa Bank Kenya PLC’s foreign exchange dealer license from 9 April [...]
NMG Celebrates Frontline Healthcare Workers
Today NMG celebrates and honours the contributions of the frontline healthcare workers during the ongoing response to COVID-19 pandemic by providing them free ePaper subscription for 60days. We recognise that [...]Regulator Approves Chris Kirubi to Raise Centum Stake to 49.9%
Kenya's capital market regulator has given a go-ahead to allow businessman Christopher Kirubi to acquire up to 49.99 percent shares of Centum Investment Company PLC, without having to make a [...]
Glovo Partners with Naivas to Offer Home Deliveries
Glovo hasannounced partnership with Naivas Supermarkets to provide deliveries in the wake of the Covid 19 Global Pandemic. The partnership will see Glovo offer free deliveries for orders above Ksh.1,000 [...]Lendable Passes $100 Million Invested and Becomes 2X Challenge Eligible
Lendable is today announcing that it has invested over US$100 million in credit, to help fintech companies in emerging and frontier markets to scale. It has also become a 2X [...]Octagon Africa Signs Strategic Partnership with Alexander Forbes
LISTEN TO ARTICLE A new strategic partnership has been entered into under which Octagon Africa will serve Alexander Forbes multinational clients with a presence in Kenya.This strategic partnership comes after [...]Schneider Electric launches Smart Manufacturing concept in East Africa
Schneider Electric, the leader in digital transformation of energy management and automation, is deploying its “Smart Factory” program to the East African market. The Schneider smart factory concept showcases how [...]Absa Bank Kenya Announces KSh10 Billion Kitty for Women Entrepreneurs
Absa Bank Kenya PLC has announced a KSh10 billion fund to advance credit to women-owned small and medium enterprises over the next five years as part of the new customer [...]
