Institute of Directors of Kenya applauds CBK's actions in Banking Sector
The Institute of Directors of Kenya (IOD Kenya) has applauded the recent interventions by the Central Bank of Kenya to strengthen corporate governance within the banking sector arguing that these interventions to [...]
Mwalimu Sacco Sameer Group to inject Kshs 1B into Equatorial Bank
Kenya's Equatorial Commercial Bank (ECB) is set to receive an additional Ksh 1 billion capital injection from its Majority shareholders, Mwalimu Sacco NSE Listed investment firm Sameer Group to help the [...]Bear Market Pushes Britam Into Ksh 1.2 Billion Loss but Dividend declared
Nairobi Securities Exchange listed diversified Financial Services group, Britam Holdings has reported a loss before Tax of Ksh 1.2 Billion compared to Ksh 3.2 Billion reported the previous period. The [...]Q1 2016; Nairobi's House Prices up 4.2% as value of Land Prices in Suburbs plunges
Hass Consult on Monday unveiled its Quarterly Property index report that touches on Kenya's Housing Market and the trends of land prices across Nairobi's 18 Suburbs and 14 satelite Towns. For the [...]Kenya Airways asks Public to help in Forensic Audit
The Kenya Airways Board in February commissioned a forensic audit as part of Operation Pride to be conducted over three months. The Board appointed Deloitte Consulting to perform the audit [...]IM Bank announces proposed acquisition by UK's CDC Group Plc
Nairobi Securities Exchange listed lender IM Holdings has on Monday announced that UK Goverment's CDC Group Plc entered into agreement to acquire about 10.68% stake of the lender which is currently held [...]Nairobi House Prices up 4.2% as Land Value in Suburbs plunges
Hass Consult on Monday unveiled its Quarterly Property index report that touches on Kenya's Housing Market and the trends of land prices across Nairobi's 18 Suburbs and 14 satelite Towns. For the [...]Dubai Islamic Bank aims to open in Kenya before year-end -sources
Reuters; Dubai Islamic Bank (DIB) plans to be operating in Kenya before the end of 2016, despite the Kenyan authorities' moratorium on issuing new banking licences, according to sources familiar [...]KRA Board Member Mary M’Mukindia Resigns from Unga Group Board
Former CEO of the National Oil Corporation of Kenya campaign adviser and fundraiser for Ms Karua’s presidential bid in 2013 Ms Mary M’Mukindia has resigned from the board of NSE-listed flour miller Unga [...]SP affirms B+/B' ratings on Kenya, with a negative outlook
Global Rating agency Standard Poor's Ratings on April 15, 2016, affirmed its B+' long-term and B' short-term foreign and local currency sovereign credit ratings on Kenya, with a negative outlook. SP says the [...]KenolKobil Company Analysis
‘Analysis should be penetrating not prophetic.’ – Ben Graham Profile KenolKobil Limited is a Kenya-based company engaged in the importation of refined and other petroleum products for storage and distribution. [...]Central Bank Of Kenya Launches its first Internship Program
The Central Bank of Kenya has launched an internship program that will seek to develop a pool of young talent adequately exposed to Central Banking and commercial Banking operations. The [...]
