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Kenya
Wednesday, October 23, 2019

Corporate

Cellulant CEO Ken Njoroge named world’s social entrepreneur of the year

Ken Njoroge Cellulant: Cellulant co-founder and chief executive officer Ken Njorogehas been named as the 2019 Social Entrepreneur of the Year. Mr. Njoroge was recognized by the Schwab Foundation which is affiliated with the World Economic Forum (WEF). “Over the...

KCB, 130 banks commit to climate action and sustainability

In a massive boost for climate action and sustainability, leading banks including KCB Group and the United Nations today launched the Principles for Responsible Banking, with 130 banks collectively holding USD 47 trillion in assets, or one third of...

Co-op Bank small business customers reap networking benefits

Co-op bank Networking Forum: For the last seven months the Co-operative Bank has been hosting customer networking forums for its Micro, Small and Medium-Sized Enterprises (MSME) customers. The networking forums were held in selected towns across the country enabling business...

Equity Bank set to acquire leading bank in DR Congo

Equity Bank Congo: Equity Group Holdings (EGH) PLC hereby announces to the public that its Board of Directors have agreed to the entry into a non-binding term sheet with certain shareholders (the Selling Shareholders) of Banqué Commerciale du Congo...

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...
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Latest News

Safaricom Announces New Strategy, No Expiry Bundles

Safaricom (NSE: SCOM) has today marked 19 years since the company launched by unveiling a new strategy and renewing its...
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Moi University assembles, unveils own laptops, servers

Moi University Digital Assembly: Moi University in partnership with jp.ik, a portuguese Information and Communication Technologies company, has unveiled a range of premium ICT...

Safaricom, EABL, Bidco in top 100 best employer in Kenya list

Best Employer in Kenya: The 2019 list of the most preferred employers is out. Telecommunications giant, Safaricom once again topped the list of the...

Kenyatta family now own Sh. 6.6 billion stake in NCBA bank

Kenyatta Family Business Empire:The Kenyatta family now own a stake worth over Sh. 6.6 billion in the merged NIC Group and CBA Group banks. According...

Safaricom introduces data, call, SMS bundles without expiry dates

Safaricom Bundles: Leading telecommunications giant Safaricom has become the first mobile services provider in Kenya to introduce non expiry data, voice and short message...