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Maina Andrew

NCBA Bank Kenya raises interest rates on new and existing loans

The NCBA Bank Kenya has raised its lending rates on new and existing loans. The bank announced that the new base lending rates will come into effect immediately for new loan facilities. The rates hike was communicated to customers via...

Bank acquires Sh. 20 million additional shares in Nairobi kindergarten

The Victoria Commercial Bank has increased its stake in the Nairobi kindergarten known as the Montessori Learning Centre. The bank has announced in its latest annual report that it acquired additional shares worth Sh. 20.08 million at Montessori Learning Centre...

Kenya Shilling projected to touch 120s against US dollar this week

The Central Bank of Kenya's official forex exchange data is still placing the Kenya shillong above the 130 mark against the US dollar. However, projections show that the shillong will most likely recover back to 120s by the end...

Doctors’ Strike: Why doctors are refusing to go back to work

The ongoing doctors' strike is not about to end. Yesterday, doctors announced that they will not be returning to work despite the claim by the government that Sh. 2.4 billion had been released for the placement of interns. The doctors...

Opinion: Mt Kenya region lags behind economically because of electing jokers

A citizen has a critical duty of vetting the leaders he or she chooses to represent her. This is because her choice of leaders will be a key determinant on how her life will shape up economically for a...

Susan Mucheke: Saccos, MMFs effective ways for women to grow wealth

Susan Mucheke is a financial advisor at financial and investments consulting firm Enwealth Financial Services. Are there any notable changes in how women are approaching their finances? Definitely! We're seeing a shift towards women taking charge of their financial futures....

Fanaka Real Estate launches new affordable project at Juja Farm

Fanaka Real Estate, a leading player in Kenya's real estate sector, has once again made waves with the launch of a new project in Juja Farm dubbed Juja Springs Phase 2. With a commitment to providing quality land solutions at...

KCB Group to sell National Bank to Nigerians in multi-billion deal

KCB Group is selling its local subsidiary, the National Bank of Kenya (NBK). This sale is set to take place less than five years after KCB Group acquired the National Bank. This sale has been revealed by local business newspaper,...

Mnyama: Truck’s wide load that has left Kenyans in awe

Over the past few weeks, Kenyans have been left in awe by a truck and trailer that is transporting a wide load towards the Malaba border. The truck, now popularly dubbed as 'Mnyama' has attracted a huge following with Kenyans...

How you can get a higher salary than you’ve been offered in a new job interview

Peninah Mumbi, 34, had just secured a job as a data analysis officer at a Nairobi-based telecommunications firm in March 2022. Although the firm was offering a salary of Sh. 60,000, Peninah was determined to eke out a minimum salary...

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New SACCO Amendment Bill 2025 could change how Kenyans save and borrow

Millions of Kenyans who save and borrow through SACCOs could soon enjoy stronger protection for their money after Parliament...
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