James Oundo

Jobless Kenyan nurses, health workers to get jobs in UK, work visas

UK Nurse Jobs: Jobless Kenyan nurses are set to start getting jobs and work visa in the United Kingdom. This follows an agreement that the UK has reached with Kenya during the visit by President Uhuru Kenyatta. The agreement...

State-backed mortgage to offer Sh. 7 billion home loans at seven percent

Kenya Mortgage Refinancing Company (KMRC) will offer home loans to the tune of Sh. 7 billion. This is after the mortgage refinancing firm boosted the fund with a 154.73 per cent jump in the financial year starting July 2021...

Kenyans to get free shopping on Jumia on goods worth Sh. 300 and below

Jumia Free Shopping: Jumia Kenya consumers are set to enjoy free shopping below Sh. 300 and have it delivered at a small fee to any address in the country. The move is aimed at encouraging more consumers to try...

Unga Group to sell baking business after failing in market

Nairobi Securities Exchange listed Unga Group is set to exit the bakery business by selling its subsidiary Ennsvalley Bakery. This comes after the bakery business failed to break even in the market. This will see Unga sell off its...

Late Kirubi’s Centum posts full year loss for the first time in 4 decades

The late industrialist billionaire Chris Kirubi's firm Centum Investments has posted the first full year loss in over 40 years. The company posted a net loss of Sh. 1.37 billion in the full year ended March 2021. This was drop...

Gakuyo investors get Sh. 750 million in cash, land refunds

Ekeza Refunds: members of the troubled Ekeza Sacco have received compensation amounting to Sh. 750 million. This has come in refunds of cash and land. The sacco is associated with David Gakuyo who was required to forfeit property under his...

Safaricom gives its senior managers free shares worth Sh. 700 million

Safaricom managers received 16.4 million shares with a current market value of Sh. 700 million for free. The managers got these shares in the financial year ended March 2021. The share allocation was termed as compensation for their past performances...

UK orders Uhuru, Kenyan delegation to take Covid-19 test before traveling

Uhuru UK Tour: The United Kingdom has demanded that President Uhuru Kenyatta takes a Covid-19 together with his entire delegation before traveling to the UK. At the same time, the UK has demanded that Uhuru and his team produce...

Inside Isuzu’s plan to start producing 11,000 vehicles yearly in Kenya

Isuzu East Africa is planning to start producing up to 11,000 vehicles in Kenya annually. This was revealed by Isuzu East Africa chief executive officer Rita Kavashe. The announcement comes as Isuzu marks the production of 100,000 vehicles since...

Co-op Bank moves to streamline the boda boda sector

Young people engaged in the boda boda business are set to benefit from a partnership between the Co-operative Bank Foundation and the German Development Cooperation (GIZ). This partnership will now enhance the employment and business growth for 3,000 riders...

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BYD by CFAO: SBM Bank and Avenue Lease & Rentals E.A lead Kenya’s Green Mobility Drive with first fleet of Plug-in hybrid vehicles

BYD by Cfao Mobility Kenya has delivered its first fleet of five plug-in hybrid electric vehicles (PHEVs) to Avenue...