Standard Chartered Bank Kenya Plc has announced a 30% reduction in profits for the nine months ended September 30, 2020, to Ksh4.3 billion compared to Ksh6.2 billion posted at a similar period the previous year on higher loan loss provision.
The group’s unaudited financial results show that the lender’s loan provision increased almost fourfold from Ksh728.2 million to Ksh2.7 billion...
iLabAfrica, Strathmore University, ACPM Ltd based in Hungary and BCK Kenya Ltd have launched the TAI Security Operations Centre to offer real-time monitoring and advanced contextual analysis to proactively prevent, detect and address security threats for local Kenyan businesses.
TAI is a Swahili word for Eagle.
The launch of the TAI Security Operations Centre is a timely response to the massive...
Credit Bank’s Konnect Prepaid Card will be a contactless Touch and Go card that can be used to shop, dine, fuel, and pay for services anywhere in the world. The card is Chip and PIN – enabled for secure online transactions. It is ideal for everyday payments like utility payments, as well as when travelling.
Speaking at the launch, Credit...
CMA board chairman James Ndegwa through a letter to staff said that Shamiah’s confirmation comes after approval from the National Treasury Cabinet Secretary Ukur Yatani.
“I am delighted to advise you that following an open and competitive recruitment process, the Cabinet Secretary National Treasury and Planning Ukur Yatani, has approved the appointment of Wyckliffe Shamiah as the Chief Executive Officer...
The AgriPitch competition offered young entrepreneurs in Africa’s agricultural sector the opportunity to pitch their agribusiness proposals to a panel of experts and investors
The founder of a cassava processing business in Kenya, a co-founder of a novel food processing technology start-up, and the owner of a smallholder farmer food procurement company in Nigeria won the top cash prizes in...
Qatar Airways is marking 15 years of operation on the Nairobi-Doha route.
The Doha based carrier commemorated this with a celebratory water cannon salute and delighted passengers with a special performance by national dancers upon arrival at Jomo Kenyatta International Airport. It currently operates double-daily flights between Nairobi and Doha serviced by its modern fuel-efficient Boeing 787 Dreamliner, featuring 22 seats in Business Class...
PwC’s Africa Oil and Gas Review 2020 anticipates that the global transition to renewable energy will accelerate rapidly throughout the coming decade, causing exponential disruption as well as opportunities in Africa and beyond.
The tenth edition of PwC’s Africa Oil and Gas Review provides updated insights into the African oil and gas industry but expands the focus to include the...
Safaricom PLC Chief Corporate Affairs Officer Stephen Chege (left) and Deputy Representative-Programs UNICEF Kenya Jean Lokenga (right) during the signing of a Memorandum of Understanding announcing of a partnership for children in education, child protection and emergencies at Micheal Joseph Center, Nairobi. PHOTO/Courtesy
UNICEF Kenya and Safaricom today announced a new partnership to help Kenyan children in a range of areas...
The partnership with Cup of Uji Kenya supports local NGOs with the funds with an aim to purchase and distribute 500,000 meals comprising rice and beans across local schools
NAIROBI, Kenya, November 16, 2020/ -- Cigna Foundation (https://bit.ly/3nFCpnJ) has partnered with Cup of Uji Kenya, a school feeding program founded by Hope Alive Campaign, a community based organization, to reduce...
