Why You Need an Emergency Fund
Anemergency fundis an amount of money set aside to cover unexpected events which may turn out to be stressful and costly. Some of these events include loss of jobs or [...]
Francis Muthaura Gets Three Years as KRA Board Chairman
Kenya’s former Head of Civil Service Francis Muthaura's term as the Chairman of Kenya Revenue Authority has been extended for three years by President Uhuru Kenyatta. “In exercise of the [...]
Kenya Railways Suspends Ban on Foodstuff and Beverages into Termini
Kenya Railways has suspended its ban on foodstuff and beverages on its termini and stations following public outcry. The transporter is negotiating with service providers to offer improved services on [...]Watamu Residents Give Investors Green Light to Build 61-Storey Skyscraper
Watamu residents have given their consent to a group of investors to build Palm Exotjca, a 61-floor mixed-use development highrise resort along Turtle Bay Road, Dabaso, Kilifi County. The 370-meter [...]Weekly Market Review; Shilling stable, NSE activity ups as demonetization closes
The Kenya Shilling Exchange rate remained stable against the greenback with activity at the Nairobi Securities Exchange (NSE) also picking up. The local unit strengthened against the US$ dollar on [...]Former National Oil Corporation CEO Summayya Hassan Joins NMG Board
Nation Media Group PLC has appointed former CEO Of National Oil Corporation Mrs. Sumayya Hassan as a director of the company. Ms. Sumayya Hassan is an advocate of the High [...]Andambi's Tenure as Acting Managing Director at KPC Extended
Hudson Andambi's term as the Acting MD of Kenya Pipeline Company has been extended for an unspecified period by the Petroleum and Mining Cabinet Secretary John Munyes. Mr. Andambi will [...]NCBA Group Unveils Plan to Scale-up After Successful Merger
Newly launched NCBA Group plans to expand its business in Kenya and the region, targeting small and Medium-Sized Enterprises. Its banking arm, Kenya’s third-largest lender by asset base, plans to [...]KCB Lists Additional 142.9 Million Shares After Acquisition of NBK
KCB Group has listed 142.9 million new shares worth KSh6.2 billion allotted to former NBK shareholders following the NBK acquisition. The listing follows an all transaction acquisition, which has lifted [...]NCBA Unveils a New Logo After NIC-CBA Merger
NCBA has revealed a new logo following the NIC-CBA merger in September. The new logo marks the beginning of new operations of the group in Kenya as NCBA bank Kenya PLC. [...]Kenya's Financial Sector Reports Stable Growth
The Kenya Financial Sector Stability Report for January to December 2018 period was recently released. The report stated that in 2018, the global macro-financial conditions were tight and led to [...]Kenya's First Green Bond Raises KSh4.3bn
[bctt tweet=Acorn Green Bond, the first-ever green bond issuance in Kenya and East Africa at large, raised KSh4.3Bn representing an 85 per cent subscription.] The green bond intends to fund [...]
