Kenya’s Gross Domestic Product (GDP) is projected to grow by 5.80% in 2021, says NCBA Regional Economic Outlook Report.
The growth forecast which is an upward revision to the bank’s initial baseline estimate of 5.3% in May 2021 is supported...
Kenya’s negotiators and implementers alike are working hard to make the Africa Continental Free Trade Area (“AfCFTA”) a reality for many Kenyan businesses. PricewaterhouseCoopers Limited (“PwC”) has today hosted a webinar to discuss the state of play of implementation...
NCBA Group PLC has posted a profit before tax (PBT) of KES 11.1 billion in its quarter three results ending September 30th, 2021. The PBT of KES 11.1 billion is a three-fold increase compared to KES 3.8 billion reported during...
BeMobile, a new African digital mobile network has been launched targeting the Kenyan and African youth market. In partnership with the global mobile virtual network Enabler (MVNE) x-Mobility (www.x-mobility.com), BeMobile gives Africans freedom and control over their communication.
Not only will BeMobile give African...
Sanlam pension annuity holders are set to enjoy access to personal loans against their monthly life cover pay-outs.
Sanlam Kenya, the listed non-bank financial services provider has through its Sanlam Life subsidiary partnered with Stanbic Bank Kenya and Ecobank Kenya to...
The Ministry of ICT, Innovation, and Youth Affairs have today launched an AJIRA Digital Club at the Masinde Muliro University of Science and Technology in a bid to reach more youth and expand footprints of the AJIRA Digital Program across...
Kenyan Banks have emerged top of their other East African counterparts in the 2021 ranking of the continent’s top 100 banks by tier 1 capital conducted by Africa Business Magazine. Equity was the highest-ranked in the report. The regional...
Diamond Trust Bank (DTB) has today announced a new partnership with Crown Motors Group, the official distributor of the Nissan brand in Kenya, to offer motor vehicle financing.
The motor vehicle financing scheme dubbed ‘Beba Leo’ targets small and medium-sized...
Absa Bank Kenya PLC has signed a tripartite financing agreement with CMC Motors Limited and Avenue Lease and Rentals to supply 240 vehicles to the National Police Service (NPS) under the ongoing government's vehicle leasing initiative.
Under the tripartite agreement,...
Co-op Bank Group is pleased to report a Profit Before Tax of Kshs. 16.5 Billion for the third quarter of 2021, a commendable 20% growth compared to Kshs. 13.8 billion recorded in the third quarter of 2020. This represents...
