FSD Kenya appoints Tamara Cook as the new CEO
FSD Kenya has appointed Tamara Cook as the new CEO to take over from David Ferrand who stepped down at the start of July. Tamara has a wealth of experience [...]
Britam appoints AfricInvest to its board
Britam, Kenya’s leading Insurance firm has appointed AfricInvest to its board of directors made of 12 members. AfricInvest is a company registered in Mauritius and it is comprised of; German-based [...]CBK eases rules for digital borrowers
The central bank of Kenya has issued a notice requiring digital loans to be treated like normal bank loans. Under the new regulation, mobile loan defaulters will only be blacklisted [...]High energy costs, lack of modern technologies major hindrance to growth in the manufacturing sector
A survey conducted by SYSPRO and Strathmore Business School has revealed that high costs of production and lack of advanced technologies are the major hurdles faced by Kenyan manufacturers. SYSPRO [...]Kenya Association of Manufacturers launches an SME hub
The association of manufacturers in Kenya has established a hub for Small and Medium-sized Enterprises. The hub is meant to prepare, nurture, and grow the SMEs in readiness for the [...]Kenya Airways partners with the world’s largest aircraft-engine maker
Kenya Airways has signed a deal with the leading aircraft-engine manufacturer in the world, GE Aviation, in which GE will provide flight operation technology for KQ’s aircraft. The technology integrates [...]East Africa’s First Derivatives Market Goes Live
The first Derivatives Market in East Africa and number two in Africa has started trading at the Nairobi Securities Exchange. The derivatives market will enable investors to diversify their investments, [...]Private sector to promote the African Continental Free Trade Area
The African Continental Free Trade Area (AfCFTA) came into effect on 30th May 2019. The agreement aims to establish a single market for goods and services and to allow for [...]Kengen to partner with South Sudan in exploring geothermal power
Kenya’s leading Energy Company Kengen intends to share its expertise and vast experience in renewable power production with South Sudan. The company hosted President Salva Kiir and top officials from [...]P2P Lending Startup Pezesha wins Seedstars Kenya Competition
Pezesha is the winner of this year's Kenyan chapter of the Seedstars Starup Competition. Pezesha is a digital financial marketplace facilitating credit scoring and affordable credit for the unbanked by [...]
CMA to proceed with enforcement hearings against Imperial Bank directors
The Capital Markets Authority has been granted permission by the Court of appeal to carry on with investigations on former directors of Imperial Bank. The decision by the appellate judges [...]Safaricom appoints Michael Joseph as Interim CEO
The former CEO of Safaricom Michael Joseph has been appointed as the interim Chief Executive of the Telco following the death of Bob Collymore. The decision was made by the [...]
