Family Bank Appoints Rebecca Mbithi as CEO
Kenyan based mid-tier lender Family Bank has announced the appointment of Ms. Rebecca Mbithi as its Chief Executive Officer, subject to approval by The Central Bank of Kenya. Ms. Rebecca [...]
Kenyan Startups Among MEST African Challenge Finalists
Kenyan startups are among 50 other African firms that have qualified for the MEST Africa Challenge's Ksh5 million equity investment and an opportunity to join its incubator community. They include [...]
Tier 3 Banks Bear the Biggest Brunt of the Interest Rates Cap Regime -SIB
Small banks in Kenya have been struggling to make a profit ever since the law on interest rate cap was introduced in September 2016, says a report by Standard Investment [...]
Another Opportunity for Kenyans to Buy Treasury Bond through M-Akiba
The opportunity for Kenyans to have a pie on the Treasury bond through their mobile phones is here again. The government is targeting Ksh250 million by issuing M-Akiba Retail Infrastructure [...]Long Term buy for Equity Bank shares Analysts
A report by Faida Investment Bank recommends long term buy for banking firm, Equity Group Holdings. According to the report, Equity’s one-year target price is set at Ksh54 per share; [...]Hold Bamburi Cement Stock – Analysts
Research analysts at Faida Investment Bank have given a hold recommendation for Bamburi Cement Stock arguing that the company ‘has a strong market presence in the East African region.’ Bamburi [...]Equity Bank Receives Ksh10Bn Loan From IFC
Equity Bank has been granted Ksh10 billion loan by the International Finance Corporation to boost its lending to small and medium businesses, agricultural projects and women entrepreneurs in the region [...]Long Term BUY Recommendation for KenGen
Analysts at Faida Investment Bank recommend buying KenGen shares for the long term. The advice is based on good prospects for the energy producer. It is the leading electricity producer [...]KenGen Secures Contract to offer Geothermal Drilling Services to Ethiopian Electric Power
KenGen Plc has announced that it has secured a contract to supply geothermal drilling services to the Ethiopian Electric Power. According to a statement distributed by the power producer to [...]Treasury to Focus on Domestic Borrowing as it Seeks to Reduce Foreign Debt
The National Treasury is planning to increase its borrowing in the domestic market as it seeks to hedge against external risks and cut down on foreign debt. Treasury ‘s Director [...]CMA’s Green Bond Guidelines will Pave Way for Increased Green Financing, a Credit Positive for Banks – Moody’s
Capital Markets Authority’s move to launch green bond guidelines will increase available financing, and help Kenyan banks grow and diversify their lending and funding profiles. In its credit outlook, Moody’s [...]Little Cab to Expand to Tanzania and Ghana
Kenyan-based ride- hailing firm, Little has announced that it will expand its ride sharing business to Tanzania and Ghana by mid 2019. CEO Kamal Budhabhatti said that the firm will [...]
