Kenya Bankers Elect New Governing Council Chair, Vice Chair
Members of the banking industry’s lobby organization Kenya Bankers Association (KBA) have elected NCBA Bank Managing Director and CEO John Gachora and Family Bank Chief Executive Officer Rebecca Mbithi as [...]
South African Firm Seeks to Acquire 84.2 Million Shares in Liberty Kenya
Liberty Holdings, a leading South African financial services company and a major shareholder in Liberty Kenya Holdings seeks to purchase an additional 84.2 million shares in Liberty Kenya Holdings through [...]
EU to Sign Trade Agreement With Kenya without EAC
The European Union plans to sign an Economic Partnership Agreement(EPA) with Kenya, leaving out the rest of East African Counties that have failed to ratify the trade deal. According to [...]
Treasury Transfers KSh 43.5 Billion to Counties
The National Treasury and Planning has confirmed the disbursement of KSh 43.5 Billion to County Governments on Tuesday, June 22 2021, thus clearing dues up to April 2021. In a [...]Acorn to Construct KSh 1.9 Billion Hostels in Karen
Through its subsidiary Spruce Properties Limited Liability Partnership, Acorn Holdings has launched the construction of its KSh1.9 billion student accommodation hostels in Nairobi’s Karen under the Qwetu and Qejani brands. [...]Kenya Power Unveils A Self-Service Portal for New Connections
Kenya Power has rolled out a self-service portal that will allow customers to apply for power connections from the comfort of their homes using the mobile phone App My Power.' [...]Lydia Ndirangu Appointed as Equity Group Company Secretary
Equity Group Holdings Plc has appointed Ms Lydia Ndirangu as its Group Company Secretary. Prior to her appointment, Lydia Ndirangu was the Group Head of Tax for Equity Group. She [...]
IMF Approves Disbursement of $407 Million to Kenya for Budget Support
The IMF executive board on Wednesday approved the disbursement of $407 million loan to Kenya after it completed the first review of the Extended Fund Facility for Kenya. The board [...]KenGen to Raise $1.95 Billion, to Double Power Output
Kenya Electricity Generating Co. (KenGen) has announced plans to raise $1.95 billion in an effort to build new, as well as upgrade existing plants in a bid to almost double [...]Kenya's Agri-tech Startup Secures KSh108 Million Loan from ABC Fund
Apollo Agriculture, a Nairobi based start-up that helps small scale farmers to increase their yields and earn higher income has secured a $1 million (KSh108 million) loan from ABC fund [...]Kenya's Tax Income Falls by 1.3% in First 11 Months of Fiscal Year 20/21
Kenya's tax income for the first 11 months of the fiscal year 2020/2021 fell by 1.3% to KSh1.313 trillion compared to KSh1.329 trillion collected in the same period last year [...]Digging Into Safaricom's New M-PESA App
Safaricom has launched its new M-PESA app, seeking to provide users with a seamless way to handle their daily transactions. How does it look? M-PESA App Install To be able [...]
