Dell Technologies Strengthens Security Portfolio with New Services and Solutions
News summary Dell Technologies Managed Detection and Response Pro Plus blocks routes to cyberattacks and accelerates recovery Dell extends threat management capabilities across endpoints, networks and clouds with addition of [...]
CBK Licenses 10 Additional Digital Credit Providers
The Central Bank of Kenya (CBK) has licensed 10 additional Digital Credit Providers (DCPs). This is under Section 59(2) of the Central Bank of Kenya Act (CBK Act). The 10 licensed Digital [...]CBK Announces the Issuance of the Kenya Foreign Exchange Code to Commercial Banks
The Central Bank of Kenya (CBK) has announced the issuance of the Kenya Foreign Exchange Code (the FX Code) to commercial banks. The FX Code sets out standards for commercial [...]President Ruto Launches Listing of LAP Trust Imara I-REIT on the NSE
President William Ruto has launched listing of the Local Authorities Pension Trust (Lap Trust) Imara Income Real Estate Investment Trust (I-REIT) on the Nairobi Securities Exchange’s (NSE) Main Investment Market; [...]KRA Prevents Closure Of Companies Owing KES 1.15 Billion
Kenya Revenue Authority (KRA) has prevented 1092 companies from closing their businesses until they settle their tax liabilities amounting to KES 1.15 billion. KRA filed an objection at the Attorney-General’s [...]TransCentury Shareholders Give Nod to Conversion
TransCentury shareholders have approved the conversion of shareholder loans as a mode of payment for rights in the reopened TC Rights Offer. At the TC Extraordinary General Meeting held on [...]NHIF to Recruit a New CEO as Peter Kamunyo’s Term Ends Next Month
The National Hospital Insurance Fund (NHIF) to recruit a new Chief Executive Officer (CEO) as Peter Kamunyo’s term ends next month. In a statement, Kamau conveyed that the National Health [...]Emirates Focuses on 2023 Theme of Embracing Equity This International Women’s Day
With a clear mission to forge inclusive work cultures where women's careers thrive and their achievements are celebrated, the Emirates Group is focusing on the 2023 International Women’s Day theme [...]Absa Signs KES 1.26 Billion Financing Deal with Eco.Business Fund
Absa Bank Kenya PLC has signed a KES 1.26 billion financing deal with eco.business Fund to support climate-smart agricultural practices in Kenya. The funding allocation aims to enhance resource efficiency, [...]NSE Extends Chairman Kiprono Kittony's Tenure by Another Year
Nairobi Securities Exchange(NSE)has extended the tenure of its Chairman, Kiprono Kittony, by another year. Although Mr Kittony's term was coming to an end, the Capital Markets Authority (CMA) authorized an [...]CMA Chairman to Position Capital Markets to Support National Government Agenda
The new Capital Markets Authority (CMA) Board Chairman, Mr Ugas Sheikh Mohamed, has promised to position the Authority to support the National Government’s Development Agenda. The chairman also introduced the [...]Safaricom Signs up 6 Banks to its SIM-Swap Check Anti-fraud Solution
Safaricom has announced that it has signed up six banks to its SIM-Swap-Check Anti-fraud solution. The solution provides banks with an API (Application Programming Interface) to access information on when [...]
