Entrepreneurs to access affordable financing enabled by the absorption of 6% interest by the County Government.
Kiambu County Government in partnership with KCB Bank Kenya has launched a KShs. 1.3 billion revolving fund that seeks to unlock the business potential of Micro, Small, Medium Enterprises (MSMEs) in the county.
This ensure that youth, women, and other vulnerable groups in the County...
KCB has reaffirmed its support to SMEs and MSMEs to sustain and scale up their operations after sponsoring 12 SMEs from Coastal Region to showcase their products and services at the Kenya Association of Manufacturers' Changamka Festival summit and expo in Mombasa.
Speaking during the opening ceremony of the Summit and Expo in Mombasa, KCB Bank Kenya Regional Business Manager...
Sendy, a tech company that builds fulfillment infrastructure for e-commerce and consumer brands has joined with Google in an initiative aimed at empowering Africa’s small and medium businesses.
The bootcamp program, dubbed Google Hustle Academy, seeks to provide MSMEs across Kenya, Nigeria and South Africa with expert training on business strategy & development, digital marketing, and financial planning. The participants...
Bounty Limited, is proud to announce that its brand Safari Lemonade, a carbonated soft drink, has won a Global Silver award at the 2022 Monde Selection Quality Awards.
Since 1961, Monde Selection has been evaluating the quality of consumer products from all over the world. Over 80 international experts conduct a 360° quality assessment in a completely independent way. Each...
Members of the Public Relations Society of Kenya (PRSK) have elected new officials for the position of President, Treasurer and Assistant Secretary in their recently concluded Annual General Meeting. The newly elected team will be joining other Council Members to advocate and lobby for the enactment of the Institute of Public Relations and Communications Management (IPRAC) Bill into law.
During...
KCB Bank has been named as the ‘Best Bank in Sustainable Finance in Kenya 2022’ in recognition for its efforts in creating a more sustainable business enterprise through deliberate socio-economic interventions.
The award announced by Global Finance, recognizes global, regional and local leadership in Sustainable Finance – funding for initiatives designed to mitigate the negative impacts of climate change, building resilience and help build a more sustainable future for humanity.
The award comes at a time when there are calls for institutions to embrace sustainable practices through adopting the UN Sustainable Development Goals as a guide to assist in the attainment of reduced global net human-caused emissions of carbon dioxide by about 45 percent from 2010 levels by 2030, reaching net zero around 2050
Speaking to this achievement, KCB Group CEO Paul Russo said: “We are privileged to be the top mover of the Sustainability Agenda. The win reinforces our commitment to building a brand that is not only focused on profits alone but on the customers and the communities we serve. At the heart of our operations is the need to be able to optimize on our operations in order to create more efficient, sustainable industries that are considered the brands of the future.”
KCB Group has been accelerating sustainable finance not only in Kenya but also across the region, consequently accelerating transition to a low-carbon resilient economy. Currently, the Group has set a target of transitioning 25% of its total loan portfolio to green investments by 2025, as part of its Net Zero ambition.
On his part, Global Finance Publisher and Editorial Director Joseph Giarraputo, said, “The pandemic and energy-sector disruptions have heightened awareness on climate change risks, while technological innovations present new possibilities and offer new solutions to mitigate damage and build a sustainable future for all”.
In 2021, KCB Group received a series of global accolades that recognizes the bank’s efforts in sustainable business. KCB was feted as the Best Sustainable Bank in Kenya by the International Business Magazine for its efforts in driving and ensuring the adoption of sustainable and green financing initiatives, Best Sustainable Bank by International Business Magazine, Best Retail Bank and Most Valuable Banking Brand by Finance Derivative, as well as the Most Valuable Banking Brand by Brand Finance.
50 women living with fistula-related complications in Tharaka Nithi County will receive free surgeries and medical advice at a week-long free Fistula Camp at Chuka County Referral Hospital. This camp is in celebration of International Day to End Obstetric Fistula (IDEOF). This year’s theme is “End Fistula Now: Invest in Quality Healthcare, Empower Communities!"
The exercise, which is being carried out...
The African Economic Research Consortium (AERC) has organized a conference to examine the dynamics of poverty, growth, redistribution, and social inclusion in the context of COVID-19 Pandemic in Africa.
The Fifty-sixth Bi-annual Research Workshop that will be held on a virtual platform will commence from Monday 30th May 2022 to Friday 3rd June 2022. The first day will be a...
East African Breweries Plc (EABL) has today commissioned the construction of a microbrewery at Ruaraka, Nairobi, that will serve as an innovation center for alcoholic and non-alcoholic beverages. The facility next to the Tusker brewery is projected to cost KSh1 billion and will consist of a microbrewery, taste room, taproom and a flagship store.
The construction was commissioned by Group...
Listed non-bank financial services firm Sanlam Kenya has posted a Kshs 413.6 million loss before tax in its full-year financial results released today.
Topline, the Group reported a Gross Premium Income of KShs 12 billion representing a 38% improvement over the previous year’s KShs 8.7 billion. However, the earnings were a loss after tax of KShs 542 million (restated 2020: loss...
