Tuesday, February 3, 2026
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Peninnnah M

Lawsuit: Teacher’s risk Sh 1billion loss on Spire Bank liquidation

Mwalimu Sacco could suffer an Sh.1 billion hit in liquidating Spire Bank, according to a petition at the High Court seeking to stop the process. A suit filed by Mr. Kenneth Otieno, a teacher from Siaya County and a member...

NCBA to open 12 new branches after Sh. 10bn net profit

NCBA Group PLC shareholders will get a dividend payout of Sh. 3 per share. This is after the lender posted a profit before tax of Sh. 15.03 billion for the financial year ending December 31, 2021. This profit saw...

Natbank Trustee registers 34% growth on Profit After Tax in 2021

Natbank Trustee and Investment Services Limited (Natbank), a  wholly-owned subsidiary of the National Bank of Kenya Limited, has announced a profit after tax of KShs 23.47 million during the 12 months ended 31 December 2021 up 34% compared to...

Boda-boda rider wins three-bedroom house in JAZA RAHA NA SHELL

Evans Amunga, a boda-boda rider based in Kibera, has won the grand prize in the just concluded JAZA RAHA NA SHELL, SHINDA NYUMBA promotion, a three-bedroomed house situated in Kitengela Almond Grove. The 32-year-old father of three lives with his family...

Kenya’s new Cyber Shujaa program to train the youth as cybersecurity experts

The drive to grow the base of Kenya’s cyber security expertise received a major boost today when, for the first time, an industry-led training program to add 2,000 professionals was unveiled by USIU-Africa, Kenya Bankers Association, and Soriano. Known as...

Safaricom Partners With Little and Makao for M-PESA Mini Apps

Safaricom (NSE: SCOM) has today launched partnerships with Little and Makao that will enable M-PESA customers to access services from the two firms within the M-PESA Super App without customers having to download separate apps. Customers can access both the Little...

ASU Thunderbird school launches 100 million learners global initiative

Arizona State University’s Thunderbird School of Global Management (Thunderbird), home of the world's No. 1 ranked Master's in Management, ranked No.1 for innovation in the U.S., today announced that its transformative new global initiative will be available to learners...

Absa Life Assurance signs distribution partnership with Hisa Africa

Absa Life Assurance Kenya (ALAK), an Absa Group subsidiary, has signed a product distribution agreement with Hisa Africa Insurance Agency. Before this partnership, Hisa Africa only sold products for one other competing insurance company. This latest development demonstrates ALAK's growing...

Safaricom introduces technology Solutions for Enterprises

Safaricom has rolled out a campaign to position technology solutions for enterprise and public sector customers. The company seeks to leverage its connectivity and experience to venture into the technology space by expanding its tech solutions in the areas of...

Sportpesa gets another jackpot winner within a week

The SportPesa Mid-Week Jackpot has been won again this week, six days after Evans Cheruiyot and Allistair Mueni Mutua won the previous jackpot of Ksh 13,093,111. Taxi driver Martin Njoroge, a Manchester United fan, won this week’s Ksh10 million jackpot. “I...

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Absa Group CEO affirms Kenya’s position as a regional financial hub during three-day visit

Absa Group Chief Executive Officer, Kenny Fihla, is on a three-day working visit to Kenya marked by engagements with...
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