Equity Group founder and Chairman Peter Munga has announced his retirement from the bank after 35 years of service. His position has been taken by current Vice-Chairman David Ansell, who will serve as chairman designate.
The bank said Mr Munga,...
Gaming business in Kenya: From a young age, Shaun Bukusi always wanted to be an entrepreneur. But since he had been told business requires a lot of money, he thought the only way to achieve his dream was through...
Over the years, Barclays Bank of Kenya (BBK) has remained one of the key names in the evolution of Kenya’s banking sector. It has also been involved in virtually all major banking developments in the country. In its traces,...
HR Business in Kenya: No one wants to be labelled a failure. Or the one who gave up because it was too hard. Everyone wants to come out at the other end victorious, admired and acknowledged for their persistence.
It...
If you took a mobile loan for as little as Sh. 500 and defaulted, you may fail to access a much bigger loan from a bank for a period that is as long as seven years.
Fresh data from Transunion...
BY BUSINESS DAILY
Troubled retail chain Nakumatt owes Kenya Revenue Authority (KRA) Sh. 2.3 billion in unpaid taxes as details emerged when the retailer fell into trouble.
The KRA told the Senate committee on Trade and Investments that troubles at Nakumatt...
Popular Kiswahili news anchor at Citizen Tv, Kanze Dena has landed a lucrative job at State House.
Kanze Dena, 39, was appointed as the Deputy State House Spokesperson and Deputy Head, PSCU. She will deputize current Spokesman, Manoah Esipisu.
Also appointed...
An insurance firm has revealed that the Westgate Mall which suffered a terror attack in September 2013 received a Sh. 5 billion compensation pay.
The popular mall came under attack from Al Shabaab militants on September 21 amd left over...
Additional Reporting BY BUSINESS DAILY
A court ruling has ordered Equity Bank to pay a former employee nearly Sh. 79 million.
This huge pay is part of the cash he was to receive after leaving Equity Bank's Employee Stock Ownership Plan...
Nairobi Securities Exchange (NSE) has launched a mobile NSE app that will allow investors to monitor trading of securities on the local bourse.
According to the NSE, investors, media, financial advisers and the public will access real-time stock prices, market...