BY KIPRONO KITTONY
As the Kenya National Chamber of Commerce and Industry (KNCCI), we have noted with great concern that the issue of delayed and disputed payments is presently one of the foremost risks for businesses operating in Kenya. This...
A financial institution associated with Nairobi gubernatorial candidate Peter Kenneth has been granted a licence to conduct banking business in Kenya by Central Bank of Kenya (CBK).
In a communication, CBK said the license to Mayfair Bank Ltd has been...
Giant betting firm SportPesa is set to withdraw all its sponsorship programs in six months time.
This follows an announcement that was made by it chief executive officer Captain Ronald Karauri via Twitter on Friday.
He said:
"As @SportPesa we will be giving...
Online retailer Jumia is set to sell the 2kg Unga at a 50 per cent discount.
The retailer will sell the Unga at the discount between July 3 and July 9.
This offer follows a partnership between Jumia and Tuskys Supermarkets.
The...
Evelyn Karungari Mungai is the executive director of Evelyn College of Design, the very first design college in East Africa which was started 40 years ago. She has also been in property and recruitment business.
Milestone: My biggest financial milestone...
Co-operative Bank is set to launch a club that will see members share investment and business opportunities. The club which has been dubbed as Captains Club will be launched to day at 6pm.
According to a statement from Co-op Bank,...
Kenyans seeking to travel between Nairobi and Mombasa will from today be able to pay for their train fare from the comfort of their mobile phones.
This is after Kenya Railways and Safaricom reached a deal for paybill numbers that...
Kenya Commercial Bank (KCB) has introduced a new savings account that will offer an annual interest of 8.5 per cent on savings. This new rate is currently above the average industry rate of 7 per cent.
The new account has...
The subsidized maize from Mombasa is set to be transported to nairobi via the Standard Gauge Railway (SGR) in a bid to fasten transportation and ease on the biting maize floor shortage.
The cargo trains on SGR were supposed to...
France's Societe Generale and Mauritius-based SBM Holdings have joined the list of banks looking to buy out troubled Chase Bank.
The other two banks in the race are KCB, I&M Bank, Stanbic, and South Africa’s First Rand.
The Central Bank of Kenya (CBK) placed Chase...