James Oundo

Stanbic Bank announces Sh. 3.9 billion net profit in Q1

The Stanbic Bank has announced a marginal profit growth of 2.8 per cent in the first quarter of 2024. The bank has become the first mainstream lender to release the financial results for the first three months of the...

Jumia Kenya appoints Vinod Goel as regional CEO for Kenya and Uganda

Jumia Kenya has announced the appointment of Vinod Goel, as Regional guest executive officer East Africa. Vinod will manage both Kenya and Uganda as the direct chief executive officer. He takes over the mantle from Charles Ballard for Kenya...

Intern doctors left hanging as KMPDU ends 56-day doctors’ strike

The Kenya Medical Practitioners Pharmacists and Dentists Union (KMPDU) has ended its nationwide strike. The strike, which was initiated and primarily promoted as a protest against the government's refusal to post and properly pay intern doctors, has ended after...

Equity Group: Growth of East and Central Africa’s best financier of small businesses

When the story of the African banking revolution is told, the Equity Bank  will take the prestigious honour of the bank that refused to quack like a duck and soared like an eagle. Like an eagle’s precision, strategy, boldness and...

How KUSCCO bosses ‘stole’ Sh. 588 million every year for over ten years

Top bosses at the Kenya Union of Savings and Credit Cooperative Society (KUSCCO) stole Sh. 588 million every year for over tens years. According to a report that appeared in the Daily Nation on Tuesday, between February 2013 and April...

KQ resumes DRC flights after Congo military releases detained employees

Kenya Airways has announced that it will be resuming its flights to the Democratic Republic of Congo (DRC). The DRC flights by Kenya Airways will resume following the release of two employees by the DRC military. "Kenya Airways confirms that...

How term two, term three will be adjusted after delayed school opening

The school calendar for term two and three will be adjusted to accommodate the days that will be lost in the indefinite postponement of school opening for term two. According to a report that appeared in the Daily Nation on...

US DV Lottery results released. This is how to check

The Diversity Visa lottery results for applicants who applied between October and November 2023 have been released. The DV Lottery results that have been released are for the DV-2025 applications. DV-2025 Entrants will now have until September 30, 2025 to...

I got ‘Blue Paper’ when my US visa was approved, then hours later got ‘Yellow Paper’

When you apply for the US visa, there are three types of responses that you can get from the consular officer. The first is an acceptance which comes in a blue sheet, the second is a rejection which comes...

Portland Cement reopens after one-month shutdown for Sh. 400mn renovations

The East African Portland Cement Company (EAPCC) has resumed operations after shutting down for a month to pave way for renovations and upgrades. Following the upgrades, Portland has resumed full production with a capacity to produce 1 million metric tonnes...

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Building the rails: How the intersection of tech and finance will unlock Intra-African trade

Equity Group Managing Director and CEO James Mwangi has called for deeper collaboration between governments, financial institutions and technology...