James Oundo

Co-op Bank posts Sh. 6.1 billion net profit in first three months of 2023

The Co-operative Bank has posted a net profit of Sh. 6.1 billion in the first three months of the 2023 financial year. This net profit represents a growth of 5.2 per cent from the Sh. 5.8 billion net profit that...

65.2 million bank accounts in Kenya have less than Sh. 100,000, CBK reveals

The Central Bank of Kenya (CBK) has revealed the number of bank accounts holding Sh. 100,000 and above and bank accounts holding less than Sh. 100,000. According to the CBK data, there are 1.871 million bank accounts that hold Sh....

Equity Bank to auction billionaire Paul Ndungu’s property over Sh. 665 mn loan

Billionaire Paul Ndung'u has lost his court bid to stop the auctioning of his property over a Sh. 664.8 million Equity Bank loan. The billionaire who was among the founders of betting firm SportPesa has been battling against the auction...

Ethiopian Airlines set to start direct flights to Atlanta, US

Ethiopian Airlines is set to start flying a 315-seat Boeing 787-9 four times weekly to Atlanta in the United States. Ethiopian Airlines, which is currently the top airline in Africa, will start flights to Atlanta on May 16, 2023. This will...

Dennis Kioko: My experience driving 12,000kms to Namibia and back

When Safaricom unveiled the ‘Twende Tukiuke’ tagline, she called on all Kenyans to start challenging themselves more. Twende Tukiuke became a call for Kenyans to break barriers, go beyond the norm, take a leap, and venture into the ground....

Tuju’s 20 acres in Karen, high end hotel to be auctioned over Sh. 2.2 billion loan

Former Cabinet Secretary without portfolio and ex Jubilee Secretary General Raphael Tuju is set to be auctioned over a bank loan of more than Sh. 2 billion. This is after the Court of Appeal dismissed his bid to block the...

Details of NCBA Bank CEO John Gachora’s Sh. 147 million salary

NCBA Bank Group chief executive officer John Gachora’s annual salary increased by 87.7 per cent to hit Sh. 147.73 million in the financial year ended December 2022. This mega salary included a bonus of Sh. 40 million, and followed a...

Two business accounts you can open to grow your business

Mixing business and personal finances is one of the most common mistakes that entrepreneurs make. "One of the biggest mistakes I made when my business started performing well was to use the business money for my personal needs. This literally made me go back and...

Jalang’o: Why comedians never made money on Churchill Show

A whike back, former popular morning show radio presenter now the MP for Langa'ta Jalang'o came out to explain why some comedians are always complaining that they were never paid well for gigs at Churchill Show. Jalang'o made the explanation...

Kenyan ambassador evicted; attachés in Germany, Belgium unpaid for 6 months

Kenya's foreign missions are facing a financial crisis. New revelations show that attachés at some foreign missions have gone for up to six months without receiving their salaries. This comes as a salary crisis and delays that has been reported...

About Me

1131 POSTS
0 COMMENTS

Latest News

Households risk jail, Sh50,000 fine for paying house helps less than Sh18,000

Households and other employers who underpay domestic workers risk prosecution, including fines of up to Sh50,000, the government has...