The Co-operative Bank has received Sh. 6.3 billion from the European Investment Bank for onward lending to small and medium businesses.
The mega fund is aimed at helping small and medium enterprises recover from the pandemic faster. According to Co-op Bank...
In October 2021, EMEA Finance announced that the Co-operative Bank had won the coveted prize of best bank in Kenya during the 2021 edition of the African Banking Awards.
The award rode to Co-op Bank on the bank of Co-op...
Urithi Auctioning: Members of the Urithi Sacco have called on president Uhuru Kenyatta to stall and rescue their land from the auctioneer's hammer. This is after the High Court authorized Family Bank to auction 104 acres belonging to Urithi...
Businesses are set to start advertising on M-Pesa. This follows upgrades that telecommunications firm Safaricom has carried out on the M-Pesa app, which are aimed at offering additional services to money transfers and withdrawals.
The advertising features will follow those...
Kenya Commercial Bank and the NCBA Bank Group are among Kenyan banks in a list of shame of banks with hidden mortgage charges in Kenya. The two banks have been flagged by the Competition Authority of Kenya (CAK).
The CAK...
Making money from investing in treasury bills and bonds: Buying and selling of shares on the Nairobi Securities Exchange (NSE) is perhaps the most popular mode of investing in Kenya. But apart from investing in stocks listed on the...
The Co-operative Bank of Kenya has posted Sh. 11.6 billion net profit for the first nine months of the year. This came after the bank recorded an impressive gross profit of Sh. 16.5 billion, which was a 20 per...
Telecommunication firm Safaricom's debt has risen five times to a record Sh. 76.9 billion. The debt increased 5.2 times from the 2020 financial year debt of Sh. 14.7 billion. Sh. 62.2 billion of this debt is in the form of...
Any Kenyan nurse who wants to work abroad will have to migrate through the government. This has been stated by the Cabinet Secretary for Health Mutahi Kagwe. Speaking after the United Kingdom stopped the migration of Kenyan nurses to...
Kenya Power is officially broke. This is what an audit of the Kenya Power financials by the Auditor General, Nancy Gathungu has revealed. Ms. Gathungu's report, which covered the period up to June 2021, show that Kenya Power's current...
