Following a countrywide market surveillance activity on galvanized roofing sheets, the Kenya Bureau of Standards (KEBS) has observed with great concern the presence of substandard Roofing sheets in the market that do not fully comply with the requirements.
KS EAS...
LG Electronics East Africa has today unveiled its biggest Easter Campaign ever in 2022 dubbed Celebrate PASAKA an LG aimed at improving customers' shopping experience for more value and more benefits.
Customers who purchase products from LG branded shops will however receive more...
Equity’s business transformation through innovation and digitization efforts continues to face off the legacy banking model, the number of transactions via digital channels stood at 1,247.6M while 40.8M transactions accounted for branches and ATMs in the 2021 Financial Year.
As...
Bamburi Cement today announced its entry into the specialized mortar sector by launching a ready-to-use tile adhesive by the brand name ‘Bamburi TectorCeram SETI 300’ into the Kenyan market. Designed for placement of porous tiles including ceramic, terracotta, earthenware,...
Safaricom (NSE: SCOM) and premier Shari'ah-compliant bank, Gulf African Bank, have today partnered to launch Halal Pesa, a Shari'ah-compliant mobile financing solution.
Halal Pesa becomes the first Shariah-compliant mobile and digital financial solution in the country. Customers accessing financing through the...
Family Bank Group “The Group” has recorded a KES 3.3 billion Profit Before Tax for the year ended 31 December 2021, marking a 131.6% growth in earnings. The growth in earnings was largely driven by an increase in interest...
The 11th edition of Connected Kenya Summit, the only platform that brings over 1000 ICT thought leaders and experts under one roof will take place from 11th-14th April 2022 in Diani, Kwale with both local and international delegates expected...
Sidian Bank, a mid-tier bank focused on Small and Medium Enterprises (SMEs) has recorded an increase in its consolidated net profit to Sh486 million for the year to 31 December 2021 from Sh19 million in the prior year 2020....
Faulu Bank has today entered into a partnership with USAID-funded Feed the Future Kenya Crops and Dairy Market Systems Activity (KCDMS) implemented by RTI International to enhance access to finance for farmers across the country.
The collaboration which targets 12...
Absa Group today announced the appointment of Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately.
The appointment follows a thorough recruitment and selection process completed by the Board.
Arrie, who is currently Chief Executive of the Group’s a retail and...