WPP Scangroup Appoints New Directors
The leading marketing and communication company in Sub Saharan Africa, WPP Scangroup, has named two new non-executive directors to its board. The new directors are, Jason Day and Shahid Sadiq, [...]
SASRA Issues Permit to 175 Deposit-Taking SACCOs
The regulatory body that watches over Deposit-taking SACCOs (SASRA) has given permits to 175 SACCOs to undertake Deposit- Taking (DT) business in Kenya this year. In a recent gazette notice, [...]
Pandemic Pushes Down Property Prices Rents in Kilimani Kileleshwa Apartments
Apartments in Kilimani and Kileleshwa registered the biggest fall in quarterly rent in the last quarter of 2020 at 4% and 2.6% decline respectively, according to real estate firm HassConsult. [...]High Executive Turnover Signals Trouble for Home Afrika
Ms Kendi Ogamba has resigned from the board of Home Afrika, barely three months after another two directors Peter Nduatiand Caroline Kigen- left the board. Home Afrika has been [...]Lockdowns, Low Airfreight to Hit Kenya's Valentine Flower Sales
Kenyan flower farmers are staring at reduced business this year. This is as reduced airfreight capacity and lockdowns in crucial European markets threaten to hurt Kenyan flower sales during Valentine's [...]Stanbic Bank Kenya Changes Tagline, Appoints Kosgey as Brand Envoy
Stanbic Bank Kenya Limited has changed its tag and appointed athlete Brigid Kosgey as its new brand ambassador as the lender seeks to make its products and services more appealing. [...]Kenyan Hotel Operations Pick up in December January 2021
The hospitality industry in Kenya showed remarkable improvement in December and January 2021 after a big slump in May 2020 at the height of the pandemic. According to a survey [...]Post COVID Recovery in Kenya
The global Covid pandemic has affected the whole world in many different ways and economic impact is one of the biggest and most crucial. After the vaccine roll out the [...]
ATM Visits Decline as more Kenyans go Cashless
Kenyans now make less use of Automated Teller Machines (ATMs) and have instead shifted their transactions to mobile payments and other cashless platforms, says data from the Central Bank of [...]Kenya Airways Partners with Avianor to Create Preighters
Kenya's national airline has partnered with leading Aircraft maintenance company, Avianor, to repurpose its aircraft cabins for cargo operation. The repurposed aircraft are referred to as Preighters'. The airline said [...]Centum's Real Estate Unit lists KSh 3 Bond
Centum Real Estate Limited has listed its KSh 3 Billion corporate bond at the Nairobi Securities Exchange(NSE).The listing gives buyers of the three-year bond a platform to trade the security [...]Eveready Delays Publication of its End-Year Results on Pandemic Woes
Eveready East Africa Plc has announced to shareholders that it will delay reporting its results for the financial year ended 30th September 2020. “Due to unavoidable circumstances, we will not [...]
