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Peninnnah M

DTB commits to grow green lending to 25 per cent of loan book and achieve net zero carbon neutrality by 2030

Diamond Trust Bank (DTB) has today announced a commitment to grow its lending to green projects to a quarter of its loan book by 2030. The Bank has also committed to achieve net zero carbon emissions status across its...

Absa Bank Kenya PLC records 34% growth in Profit after Tax to Kshs.14.6 billion

Absa Bank Kenya PLC has today reported a Profit after Tax of Kshs.14.6 billion for the year ended 31 December 2022, representing a 34% growth in comparison to the previous year. As a result, the Bank has declared a total dividend of Kshs.1.35 per share, a 23% increase from last year, bringing the total dividend payout to Kshs. 7.3 billion. The commendable performance was driven by sustained double-digit growth across all business segments as the Bank scaled efforts to support key sectors...

Standard Chartered – Full Year 2022 results

Standard Chartered Bank Kenya Limited today released its results for the year ended 31 December 2022. Kariuki Ngari, Chief Executive Officer, said: “We have delivered a strong set of results in 2022, with profit before tax up by 36 per cent,...

Samsung Electronics announces a 24-month warranty for Refrigerators and Washing machines

Samsung Electronics has announced a 24-month warranty for select refrigerators and washing machines. The 24-month warranty will go hand in hand with the already existing 20-year warranty on the Digital Inverter Technology (DIT) and compressors which will provide a...

Alx’s Women and Tech Initiative set to help women across Africa get access to Software Engineering Skills

In celebration of Women’s Month, ALX has announced its first dedicated Software Engineering cohort for women, enabling up to 50,000 women across Africa to participate in the global technology revolution and helping to transform the tech status quo throughout...

Power Financial Wellness partners with food for education to deliver financial Wellness Tools to Kitchen Workers

Power Financial Wellness is pleased to announce that it has signed an agreement with Food For Education, a non profit organisation whose operations are aimed towards providing quality meals for students across public schools in Kenya. Under the agreement,...

Fund ropes 5.3 million people into Formal Financial System

Over five million people living in underserved, rural, or agricultural areas in Sub-Saharan Africa have benefited from access to innovative credit, savings, and transaction-based products   through the Mastercard Foundation Fund for Rural Prosperity. Offered across Sub-Saharan Africa, the Kshs 5 billion...

WARC recognizes Ogilvy Africa as Sub-Sahara Africa’s most creative agency

Nairobi -based brand communications company, Ogilvy Africa, has been named among the Top 10 creative powerhouses in the continent. Ranked 9th In Africa by the World Advertising Research Center (WARC), Ogilvy Africa Is the only agency In Kenya and...

Huawei partners with Education Ministry to connect schools with High-speed Internet under digischool connectivity

Following a highly successful pilot phase during 2022 in which Huawei connected 13 schools across the country to the internet under its DigiSchool Connectivity, the firm has announced that it will extend the program to add more schools in...

Middle East Energy announces launch of the African Energy Expo

The African Suite at the 2023 Middle East Energy Exhibition and  Conference in Dubai played host to the soft launch of the maiden edition of the African Energy  Expo. Scheduled for Feb 2024 in Kigali, Rwanda, the African Energy...

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Man sues Platinum Credit for deducting payslip for loan he never took

Platinum Credit has been sued for making loan deductions on a payslip whose owner never applied for a loan...
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