James Oundo

Co-op Bank named East Africa’s Regional Bank of the Year

The Co-operative Bank of Kenya has been named as East Africa’s Regional Bank of the Year. The bank was awarded during the African Banker Awards 2022 Gala Ceremony that was held at the Kempinksi Hotel in Accra, Ghana. The event...

Airtel services are the worst in Kenya, says Communications Authority

The Communications Authority (CA) has singled out mobile services provider Airtel for poor services. According to the latest CA quality survey report, Airtel services were the worst in the whole country in the period to June 2021. This was despite...

Billionaire Mike Maina’s Marble Arch Hotel set to be demolished

Nairobi city billionaire Mike Maina's Marble Arch Hotel is set to be demolished. This is after the tycoon lost a court case against the planned demolition. The case that had been filed by was dismissed by Justice Lucy Mbugua of...

Safaricom code you should dial to stop your sim from being swapped by cons

Telecommunications firm Safaricom has unveiled a code that will block your sim card from being replaced. The Safaricom code comes as cases of sim swap rise, leading to mobile users losing millions of money from their mobile money accounts...

Co-op Bank shareholders hail growth during 14th Annual General Meeting

Co-operative Bank of Kenya on May 27, 2022, virtually held its 14th Annual General Meeting.  This was the third time the meeting was being held virtually following amendments to the law governing annual general meetings. The overwhelmingly successful meeting was...

Ferdinand Waititu at risk of losing Sh. 1.9 billion wealth

Former Kiambu Governor Ferdinand Waititu is at risk of losing assets estimated to be worth Sh. 1.9 billion. This is after the Ethics and Anti-Corruption Commission (EACC) filed a case seeking to recover properties and money in accounts owned...

Co-op Bank net profit grows to Sh. 5.8 billion in Q1 of 2022

The Co-operative Bank Group has announced Sh. 5.8 billion net profit in the first three months of the 2022 financial year. This Co-op Bank net profit was a jump from the Sh. 3.5 billion that was reported in the same...

HELB to borrow Sh. 22 billion to buy students’ laptops

The Higher Education Loans Board (Helb) is planning to borrow up to Sh. 22 billion to fund students' laptops. The money will be borrowed through a social bond the loans board is planning to issue. Helb also revealed that the...

KCB Group names Paul Russo new CEO after Oigara’s exit

KCB Group has appointed Paul Russo as the new chief executive officer. Mr. Russo will replace Joshua Oigara who has exited the bank after a tenure that lasted for nine years. His appointment will come to effect on May 25,...

Joshua Oigara quits as KCB Group CEO

Joshua Oigara has quit as KCB Group CEO. Mr. Oigara will leave his role this week. His departure, which brings an end to his 10 year leadership at KCB, comes months earlier than it had been expected. Reports say that...

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NCBA marks World Environment Day with tree planting at Kamwaki Estate

NCBA Bank joined the world in marking World Environment Day with a renewed call for collective action on ecosystem...