Bamburi Cement is set to disconnect electricity from Kenya Power as it switches to solar power. Bamburi has signed a power purchase agreement (PPA) with an independent power producer, Momnai Energy Limited, that will it set up two solar...
Kenya has announced that diesel and petrol buses will not be used on the multi-billion Nairobi BRT system. This comes less than five months to the launch of the lucrative bus rapid transport (BRT) on Thika and Mombasa roads...
Former NSSF Investment Manager Francis Muturi was in late January found guilty of fraud involving the purchasing of shares by the NSSF. Anti-corruption magistrate Lawrence Mugambi found that Muturi and three others had schemed to defraud the NSSF over...
Safaricom (NSE: SCOM) has partnered with NSSF to enable customers to conveniently access services through the NSSF Mini App on the M-PESA Super App. Customers can register for NSSF membership, keep track of their contributions, top-up and manage their...
In September 2020, Retirement Benefits (Mortgage Loans) (Amendment) Regulations 2020 was gazetted. This new law paved the way for members of retirement benefits schemes would soon start purchasing residential houses using part of their pension savings. To know more...
Best Investments Kenya: One of the widely quoted investment advice came from Warren Buffett, the world renowned billionaire investor from US. He said that to make money, an investor should invest when everyone is afraid to buy and sell...
Former Lancet chief executive officer and co-founder Ahmed Kalebi has demanded for a Sh. 3.6 billion compensation from the laboratory services business. This follows a fallout with his French and South African partners that saw him exit the business...
Equity ATM Cards: If you own an ATM card with Equity Bank, a maintenance fee shall be deducted from you account every year. This is in addition to the one-time application fee that now stands at around Sh. 700.
Customers...
Early this year, KCB Bank Kenya announced that it was setting up a Sh. 800 million fund to finance revival of small businesses and cooperatives in Nakuru County.
The kitty set up in partnership with the Nakuru County government is...
Investment bank Renaissance Capital has given a 'Buy' recommendation for Co-op Bank shares, and projected that the bank will be posting improved financials in the 2022 year. This follows strong business foundations and strategic investments the bank has been...
Scholarship honours: Education's Enduring Role in Kenya's Development
For generations, education has occupied a singular place in Kenyan society. It...
