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Kenya
Sunday, August 18, 2019

Corporate

KCB posts Sh. 12.7 billion net profit in six months

KCB Half Year Results 2019: Kenya's biggest bank KCB Group has posted a five per cent net profit growth for the first six months of the year. The bank's profit has hit Sh. 12.7 billion. The growth came in tandem...

Telkom to sack 575 out of its 800 employees

Business Daily: Telkom Kenya has announced plans to lay off 575 workers, equivalent to about 72 percent of its workforce, ahead of its proposed merger with Airtel Kenya. The move will leave Telkom, the country’s third-largest, loss-making telco, with...

Insurance covers are to cushion you from the unexpected

Insurance covers are to cushion you from the unexpected - by Kenindia Chief Operating Officer, Mr. James Macharia There are multiple reasons as to why the insurance penetration in the country is still below 3 percent. Lack of public awareness...

Nokia 2.2 in Kenya: See phone specs and features

Nokia 2.2 in Kenya HMD Global, the home of Nokia phones, has today announced the new Nokia 2.2, delivering sophisticated AI powered low light imaging and Google Assistant at the press of a button, all at a truly astonishing...

Nielsen Sets the Scene for Beating the Odds in Kenya’s Consumer & Retail Landscape

The Kenyan consumer and retail landscape is set for a multitude of shifts. While the country has favourable future prospects and stable consumer confidence, the Kenyan shopper is becoming more complex with tighter pockets. Kenyans shop 21 times per...

Co-op Bank extends support to Metropolitan SACCO 

Co-op Bank has deepened its strategic partnership with the giant Metropolitan National Sacco (formerly Kiambu Teachers Sacco) to streamline and enhance service delivery to the members. The Bank is offering Corporate advisory services through its subsidiary, Co-op Consultancy to build...

EQUITY BANK NAMED MOST SOCIALLY RESPONSIBLE BANK IN AFRICA

Equity Bank has been named as the most Socially Responsible Bank in Africa at the most prestigious Africa’s banking and financial sector event – The African Banker Awards 2019, affirming Equity’s social and environmental leadership on the continent. The award...

Financing, tax incentives key to unlocking local manufacturing technology

Tax incentives and capital financing have been cited as the key to unlocking manufacturing technology in Kenya. This is according to a survey by SYSPRO, a global provider of industry-built Enterprise Resource Planning (ERP) software for manufacturers and distributors,...

Equity Bank, Mastercard in drive to boost card payments

Equity Bank in partnership with global payments and technology firm Mastercard unveiled a new drive aimed at expanding the country’s cashless economy and stimulating a more secure, private and reliable mode of payment. Dubbed ‘Mastercard Cashback’, the initiative will see...

SAFARICOM LAUNCHES FOURTH EDITION OF BLAZE BE YOUR OWN BOSS

Safaricom has today flagged-off the fourth edition of BLAZE Be Your Own Boss (BYOB) youth engagements in Kakamega County. Be Your Own Boss (BYOB) features youth mentorship summits and creation camps all focused on empowering Kenyan youth to achieve success...
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Latest News

Godrej Youth Empowerment Program Set to be unveiled in Kitui

With over 20,000 youth expected to be trained in hairdressing and beauty therapy under the Godrej Wezesha Youth program, the program...
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USERNAME Investment Ltd. CEO Crowned The African Business Personality

Reuben Kimani CEO, Username Investment Ltd was crowned the 2019 African Business Personality Award at the Voice Achievers Award gala dinner recently held at Louis Leakey Memorial Hall in...

Uhuru: Grade six pupils won’t sit exam to join lower secondary in Kenya

Lower secondary in Kenya: There will be no final exam for grade six pupils looking to join lower secondary. This has been announced by...

Shock as Sossion, KNUT officials kicked out of education conference

KNUT officials: The bad blood between education officials in Kenya and the Kenya National Union of Teachers (Knut) is far from over. On Friday,...

Kenya to start taxing YouTube, Netflix

Netflix in Kenya: Kenya is set to start taxing online streaming media services including YouTube and Netflix. This has been revealed by the Communications...