Friday, July 18, 2025
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NEWS

NBK lost Sh. 300 million to fraudulent employees, cyber attacks

The National Bank of Kenya has revealed that it lost about Sh. 300 million to theft by employees and cyber attacks from hackers. “Operational losses...

KCB profit falls to Sh. 4.5 billion

Kenya’s largest bank by assets, KCB, has recorded a profit dip in the first quarter of 2017. The bank posted a net profit of Sh....

Livestock, TVs now to guarantee bank loans

Household goods, crops and livestock will now be used as security against bank loans. This is after President Uhuru Kenyatta signed into law a bill...

PrideInn Hotels face closure over Sh. 87 million leasing debt

The PrideInn Group of hotels is facing closure. This is after a Mombasa hotelier asked the High Court to wind up the PrideInn Group of...

Bob Collymore’s term at Safaricom extended

Safaricom chief executive officer Bob Collymore's term at the helm of Safaricom has been extended by two more years. His contract was due to expire...

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