Peninnnah M

Capital markets authority gives nod for transcentury rights issue

The Capital Markets Authority (CMA) has approved TransCentury Plc (“TC”) to undertake a rights issue The rights will be issued based on five (5) new ordinary shares for every one (1) existing share as approved in the last shareholder...

Opportunities To Explore In The Vast DRC Market

As a young person fresh from college or university looking to establish yourself in a career, expand your world view or just venture into business, the East Africa Community (EAC) is proving to be an exciting bloc full of...

Women In Africa and Coca-Cola foundation join forces to empower women entrepreneurs

Women in Africa (WIA), the world's international platform for the economic development and support of African women entrepreneurs in partnership with The Coca-Cola Foundation have launched a program that aims to impact 20,000 women entrepreneurs from 10 African countries...

Family Bank AGM approves KES.1.1 billion divided following impressive results in 2021

Family Bank shareholders have approved a KES 1.1 billion, KES 0.83 per Share, dividend pay-out at the 15th Annual General Meeting. This follows an impressive 2021 full-year result that saw the bank book a Ksh3.3 billion Profit Before Tax. It was a 132 percent increase in...

KCB makes 1,000 families Idd Ul-fitr memorable by donating relief food

KCB Bank Kenya has donated relief food to more than 1000 vulnerable families in Wajir and Mandera Counties as part of the Eid ul-Fitr celebrations following the end of Ramadhan. The initiative is part of Sahl Bank, KCB Bank's Islamic...

Bankers, payments firms and retailers in drive to reduce consumer exposure to fraudsters

Consumer education will play a central role in addressing emerging security challenges. During the launch of the Kaa Chonjo! (Be Alert!) card, mobile and online safety awareness campaign held today, players in the financial, payments and retail sectors highlighted...

New dawn as KCB Group owned BPR Bank Rwanda is launched

KCB Group PLC has launched a new banking subsidiary in Rwanda, BPR Bank Rwanda PLC following the amalgamation of KCB Bank Rwanda and Banque Populaire du Rwanda (BPR). This follows regulatory approval by the National Bank of Rwanda (BNR bank) earlier in the month to merge the two entities. This means the two banks...

Glovo Tech Start-Up Competition Winners Announced

Glovo, one of the world’s leading multi-category delivery players in partnership with Esade Business School, Ashoka Africa, and Boston Consulting Group (BCG) organized a competition for early-stage Tech startups based in Kenya that deliver value to SMEs. The competition aimed...

What will the bank of the future in East Africa look like?

The banking sector globally has undergone significant changes in the last decade. The global economic crisis resulted in major regulatory reforms affecting the industry, but other trends including step changes in technological advancement, new sources of competition and changing...

Enwealth Financial Services supports needy students with 10.8m fees grants

Enwealth Financial Services has today awarded 150 students set to join a secondary school with KES 10.8 million in school fees grant under the Enwealth Fanisi Program. The program, which is part of the organization’s commitment to improving the welfare...

About Me

3429 POSTS
0 COMMENTS

Latest News

Jubilee Health targets uninsured communities with pay-in-instalments health insurance model

Jubilee Health Insurance is expanding an instalment-based premium payment model in Nairobi as part of a broader effort to make...