COVID-19 dampens Kenya's Economic growth prospects
Growth of Kenya’s economy in 2020, like most economies all over the world, will largely be depend on how it manages to cushion life and economic activities from disruptions posed [...]
Nation Media Group Slashes Employees' Salaries by Up to 35%
The Nation Media Group (NMG), considered the largest media firm in the region, has announced plans to slash salaries for its employees, a move that seeks to cushion the media [...]
CBK cuts policy rate further to 7%, the lowest Since 2011
The Central Bank of Kenya's top think tank, the Monetary Policy Committee has lowered the policy rate once again to 7 per cent, in a space of a month, the [...]Kenya's GDP to grow below 2.5% if COVID-19 persists, says Treasury
Kenya's economic growth rate is expected to drop further to 2.5% from an earlier projection of 3.0%. This is if extreme shocks associated with COVID-19 pandemic persist and global demand [...]Podcast; Interview with Safaricom CEO Peter Ndegwa CFO Sateesh Kamath
As Safaricom released its FY020 financial results, we had a chance to hold an online meeting with CEO Peter Ndegwa and CFO Sateesh Kamath. Our discussion focused on Safaricom's strategic [...]
Equity Group Foundation Mastercard Foundation Commit 1.1 Billion To COVID-19 Response In Kenya
Equity Group Foundation (EGF), with support from the Mastercard Foundation,todayannounced a commitment of Ksh 1.1 billion to provide Personal Protective Equipment (PPE) to frontline medical staff dealing with COVID-19 patients [...]Safaricom Net Earnings Rise 19.5% to KSh 74.7 Billion
Mobile phone operator Safaricom Limited has registered a 19.5 per cent to KSh 74.7 Billion for the financial year ended 31st March, 2020. This is compared to KSh 62.5 Billion [...]Live Updates; Safaricom Full Year 2019/2020 Financial Results
Safaricom will be releasing its full-year financial results this morning for the period ending 31 March 2020. A key highlight will be the growth in revenues and growth in the [...]
Islamic Finance Podcast Series with Ali Mohamed
Mohamed is the Consultant of Kasada Group part of Qatar Investment Authority (QIA) and ACCOR. Mohamed is a member of the incorporation committee of Power Bank focused on the Energy [...]
Stanchart Bank Kenya Temporarily Closes Eight Branches
Standard Chartered Bank Kenya will from May 1, 2020, temporarily close eight branches for three months in efforts geared towards minimizing the spread of COVID19. However, the bank assured its [...]KBA Launches 2020 Kaa Chonjo Awareness Campaign
The Kenya Bankers Association (KBA) has today launched a public awareness campaign designed to educate consumers on measures of preventing fraud across online channels as the country makes efforts to [...]Former KQ CEO, Sebastian Mikosz, Appointed IATA's VP for External Relations
The International Air Transport Association (IATA) has appointed former Kenya Airways (KQ) CEO, Sebastian Mikosz, as the Senior Vice President for Member and External Relations with effect from 1st June [...]
