Ethiopia to Award Third Telecoms Licence by February 2024
The Ethiopia Communications Authority (ECA) has announced a plan to award the third telecom license between September 2023 and February 2024. This development is expected to offer stiff competition for [...]
Kenya Orient Joins List of Private Firms Authorised to Handle NSSF Cash
Kenya Orient Life Assurance Limited has received approval by the Retirement Benefits Authority (RBA) to manage NSSF tier II contributions. It joins a list of others who have received similar [...]KRA Auctions Overstayed Goods Online
The Kenya Revenue Authority (KRA) has begun a six-day online auction of different items that have overstayed at the port of Mombasa. Bicycles, Tyres, Cars, Bible, Gypsum, used laptops, camera [...]
KCB in KSh 1 Billion deal with SIDA to support SMEs
Kenya Commercial Bank(KCB) has signed a deal with Swedish International Development Cooperation Agency(SIDA) worth KSh 1 billion to set up a guarantee fund for Small and Medium-sized Enterprises(SMEs). The 7-year [...]New Human Resource Guidelines Await State Corporations, Public Universities
State Corporations and Public Universities will have to comply with new guidelines in the development of human resource management tools. In a circular by the Public Service Commission (PSC), State [...]Nairobi Coffee Exchange to Resume Trading as Major Millers Keep Off
The Nairobi Coffee Exchange (NCE) is set to resume operations after fulfilling stringent conditions laid out by the Capital Markets Authority (CMA). Figures from the CMA indicate that some 11 [...]SASRA Annual Losses Widen to KSh 32.8 Million
The Sacco Societies Regulatory Authority(SASRA) had its deficit widen by 49.8% to KSh 32.8 Million in 2022 from a deficit of KSh 21.9 million in 2021 according to audited figures [...]CBK Accepts Bids Worth KSh 47.8 Billion at Weekly Treasury Bills Auction
Central Bank of Kenya(CBK) received bids worth KSh 47.9 billion at the Weekly Treasury Bills Auction, out of KSh 24 billion offered to investors with the CBK accepting bids worth [...]Stanbic Holding's Half-Year Profit Jumps 47% To Sh7.1 billion
Stanbic Holdings has reported Sh7.1 billion profit after tax in the first-half result released on Thursday, from Sh4.8 billion reported same period last year. During the period, revenue grew by [...]Shelter Afrique Roots for Green Buildings in Africa
Shelter Afrique, a Pan African housing development financier, has implored stakeholders in the built environment to put more emphasis on addressing climate change, describing it as one of the most [...]IGAD Ministerial Conference Renews Push to Eradicate the Desert Locust
Intergovernmental Authority on Development (IGAD) member states have been urged to act collectively to ensure total eradication of the desert locust. In a joint communique of the IGAD regional ministerial [...]Buy Now Pay Later: How Tech is Unlocking Financial Barriers in Goods, Services Acquisition
The fate has united tech companies, merchants and financial services providers to unlock financing headache hindering many consumers in owning desired property. Tech companies are innovating around buy and pay [...]
