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 [...]NSE Appoints Consultant to Boost Data Business
The Nairobi Securities Exchange (NSE) has announced the appointment of a consultant to help the exchange grow and monetize its data vending business. The consultant, SCL Advisory Limited, is now tasked [...]EFG Hermes Successfully Concludes Advisory to Pakistan’s UBL on the Sale of its Tanzanian Subsidiary
EFG Hermes, a leading financial services corporation in Frontier Emerging Markets (FEM), has announced the successful completion of its advisory services to Pakistan’s United Bank Limited (UBL) on the sale [...]
GCR Withdraws Cytonn's Investment Rating
Credit rating company GCR has withdrawn its issuer ratings for Cytonn Investment Management PLC for analytical reasons. An announcement on the company's website reveals that it last rated Cytonn in [...]KCB Injects KSh 5 billion Into Recently Acquired National Bank
LISTEN TO ARTICLE KCB has injected KSh 5 billion into the National Bank of Kenya, allowing the subsidiary to meet capital adequacy thresholds. Further, the 5 billion will also help [...]Huawei's Catherine Chen: Shared Responsibility for a Shared Future
[Shenzhen, China, July 29, 2020] Huawei Corporate Senior Vice President and Director of the Board Catherine Chen delivered a keynote speech at the online Better World Summit 2020 today. According [...]
