Over the last 15 years, the African Development Bank has invested US $1.64 billion in programs to prepare youth for careers in science, technology and innovation
KIGALI, Rwanda, June 6, 2018/ -- The African Development Bank (www.AfDB.org), together with partners – The Rockefeller Foundation (www.RockeFellerFoundation.org), Microsoft (www.Microsoft.com) and Facebook (www.Facebook.com) – launched the Coding for Employment Program at the African...
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Ecobank: ‘Planting today. Protecting tomorrow’ Ecobank supports World Environment Day
Special Correspondent -
Ecobank (www.Ecobank.com) is reaffirming its commitment to help save the planet by supporting World Environment Day. Through this initiative, management and staff will plant trees across all 33 countries of its pan-African footprint. In addition, garden implements will be donated to local authorities to help nurture and grow planted seedlings.
Globally, it is estimated that between 3.5 billion and 7...
The partnership is set to benefit parents as they look into saving for quality education for their children.
KCB Bank Kenya has entered into a strategic partnership with Liberty Life Insurance to offer an education savings plan dubbed KCB Elimisha, deepening the lender’s foray into Bancassurance.
The plan to be rolled out by KCB Insurance Agency—the Bank’s Bancassurance arm- will see...
Executive Corner
Tuskys inks new performance based CBA with workers’ union to boost productivity
Special Correspondent -
More than 1,800 unionisable workers at retailer Tusker Mattresses are set to enjoy an 8% salary increment deal following the signing of a pace setting Collective Bargaining Agreement.
The signing of the third Collective Bargaining Agreement (CBA) between Tusker Mattresses and the Kenya Union of Commercial Food and Allied Workers (KUCFAW) will now see Checkout till Cashiers at...
Kenya Ports Authority Managing Director Catherine Mturi-Wairi has been sent on compulsory leave over failure to curb congestion at the port.
Over the last seven days the port of Mombasa has experienced a breakdown of systems for cargo evacuation which led to serious congestion at the facility.
KPA Board of Directors, sitting late into Wednesday night, said it is regrettable that...
ARM’s net losses widened 2.3 times to Sh6.5 billion in the year ended December on the back of lower sales and thinner profit margins.
The Nairobi Securities Exchange-listed firm had made a net loss of Sh2.8 billion the previous year.
The cement manufacturer’s sales declined 32 per cent to Sh8.6 billion amid vicious price wars in the Tanzanian market where the...
ubilee Holdings has announced a total dividend payout of Sh9 per share for the 72.5 million shares issued for the year ending December 2017.
The insurance company, which announced a pre-tax profit of Sh5.16 billion during the period, will pay a total of Sh652 million in dividends compared to Sh560 million in 2016.
Jubilee Holdings Group Chairman, Nizar Juma, says the...
KALRO (Kenya Agricultural & Livestock Research Organisation) has launched 14 agribusiness apps to help farmers make informed choices even as they undertake their agribusiness ventures.
Launched during the just-concluded East Africa Farmers Digital conference, KALRO’s ICT Director Boniface Akuku said the organisation has realised most farmers run their projects without expert knowledge. To address that problem, the research body...
Written by Reuben Kimani, CEO, Username Investment Limited.
Over three million Kenyans live in diaspora, by August 2017 their remittance stood at Kshs 166.4 billion according to data from Central Bank of Kenya. Generally, its considered that this population is well-educated with the majority living in Europe and the US. The remittance was only made through formal channels such as...
Executive Corner
Tuskys Diamond Plaza Supermarket opens in Nairobi’s Parklands area
Special Correspondent -
Regional retailer Tusker Mattresses, has opened the doors to its 64th branch at the new Diamond Plaza II Shopping complex in Nairobi’s Parklands area.
The opening of the Kshs 150 million supermarket further confirms the retailer’s commitment to furthering the regional formal retail growth.
Speaking at the opening of the new Tuskys Diamond Plaza Supermarket, Tusker Mattresses Group...