Sanlam Kenya Appoints Stella Njunge as Head of Life business
Sanlam Kenya has confirmed the appointment of Ms. Stella Njunge as the Chief Executive Officer for its Life business. Speaking when he confirmed the appointment, Sanlam Kenya Group CEO, Mr. [...]
KCB Group Equity Bank Among Top 1000 Global Banks in 2017
Two Kenyan banks KCB Group (Stock; KCB) and Equity Bank (Equity) have been ranked the only Kenyan lenders among The Top 1000 Banks in the World in a report released [...]Coca-Cola Beverages Africa Completes acquisition of Kisumu Based Equator Bottlers
Africa’s largest Coca-Cola bottler – Coca-Cola Beverages Africa (CCBA) has announced that it has concluded negotiations to acquire 100% stake in Equator Bottlers, a franchise bottler for Coca Cola Company based [...]When CBK Staff stripped off their suits for charity
By PETER OKONG’O I’ve always found stories of people engaging in extreme adventures fascinating. I recall growing up and reading the stories of the great explorers and some of their [...]Kenya Govt in the Market Seeking Sh 30 Billion for Budgetary Support
The Kenyan Government through the Central Bank is selling a 10-year Treasury bond worth Ksh 30 billion for the purposes of budgetary support. Bids for the offer will be received between [...]Auction of Jirongo's 103 Acre Farm Fails to Find Buyer
An auction to sell a farm belonging to Kenyan Presidential candidate Cyrus Jirongo was unsuccessful after bidders failed to match the reserve price. Kuza farm, a 103 acre piece of [...]Ex-Chase Bank Chairman Zafrullah Khan Freed on Sh 2 Million Bond
Former Chairman of Chase Bank Kenya Zafrullah Khan who has spent the last nine days in jail has been released after posting a sh 2 Million bond. This came after [...]Kenya’s private sector activity declines to record low in June
The Kenyan private sector activity signaled a solid deterioration in the month of June occasioned by a fall in output as new orders remained the same, the Purchasing Managers’ Index [...]Kenyan Packaging Firm Opens New Plant at Tatu City
Friendship Container Manufacturers Limited (FCML) has announced plans to establish a metal and plastic packaging plant at Tatu City. The construction of FCML’s warehouse and office block is underway and [...]ARM Cement’s Ratings Placed ‘Under Review’ By GCR
Global Credit Ratings (“GCR”) has placed NSE listed cement manufacturer ARM Cement Limited’s national scale Issuer ratings “Under Review.” GCR noted that while the ratings were scheduled to be reviewed [...]Moody's assigns first-time ratings to Kenya's Equity Bank Co-op Bank
By Moodys Moody's Investors Service (Moody's) has assigned first-time B1 ratings to Equity Bank Kenya Limited (Equity ) and the Co-operative Bank of Kenya Limited (Co-op Bank). Moody's has also [...]Japan Loans Kenya Sh 11.8 Billion For Phase Two of Mombasa Port Road Project
The Japanese Government has signed an agreement to loan the government of Kenya Kshs 11.8 Billion to finance the second phase of the Mombasa Port Area Road Development Project (MPARD.) The loan [...]
