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Staff Writer - August 17, 2021

Richard Perry, analyst at INFINOX - a leading international FX and CFD broker - highlights the importance of traders keeping abreast of the latest...

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Sidian Bank Board Chair James Macharia said Thumbi leaves behind a strong legacy, having led a major transformation of the lender. “Mr. Thumbi has had a distinguished banking career spanning over three decades. During his tenure at Sidian Bank, he led a significant transformation of the business, including significantly growing the Bank’s Trade Finance portfolio, increasing the branch network to fifty branches and expanding digital banking and foreign exchange income streams,” Macharia said. He added that the bank strengthened its operations, improved customer experience, and achieved strong growth under Thumbi, culminating in its elevation to a Tier II bank in September 2025. In the year ended December 31, 2025, Sidian Bank posted a 502 percent jump in net profit to Sh1.73 billion. The growth was driven by higher interest and non-interest income, with net interest income rising by 54.4 percent to Sh4.4 billion, while non-interest income surged by nearly 129 percent to Sh3.8 billion.

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Emirates (www.Emirates.com) is marking a near-full return to operations, with 96% of its global network now restored, following a period of disruption. In the past weeks, the airline has progressively resumed services across the Americas, Europe, Africa, West Asia, the Middle East/GCC, the Far East and Australasia. Today, the airline operates to 137 destinations across 72 countries, with over 1,300 weekly frequencies, representing 75% of pre-disruption capacity. The airline is offering more flights, more seats and more options each day while reaffirming Dubai's position as a vital hub through which global travel moves. Even as it operated with a reduced schedule, Emirates carried 4.7 million passengers* during the disruption, a testament to the enduring demand for travel and the trust that travellers continued to place in the airline to get them where they needed to go. The Emirates experience, wherever you’re going Wherever Emirates customers choose to fly, they can expect a best-in-class onboard and onground experience, defined by exceptional comfort, genuine hospitality, and a level of service that has set the standard for long-haul travel. Onboard, customers enjoy a unique culinary experience, with regionally inspired, multi-course menus developed by a team of award-winning chefs and complemented by a wide selection of premium beverages. Emirates' award-winning ice inflight entertainment system offers more than 6,500 channels of the best global content in almost 40 languages, including movies, TV shows, music, podcasts, games, audiobooks and more, ensuring there is no such thing as a long flight. And for those who need to stay connected, high-speed Wi-Fi keeps customers reachable at 40,000 feet. Emirates now has Starlink connectivity live on 28 aircraft, delivering ultra-fast, reliable internet in the air. Enjoy flexible travel and rewards Emirates is giving customers more reasons to travel with confidence with flexible rebooking, Dubai Connect stopover experiences and enhanced Skywards benefits: Flexible bookings: Customers booked from 2 April will enjoy added flexibility, with one free date change included across all cabin classes. Customers who have booked with Emirates can also hold a fare for 24 hours free of charge. Dubai Connect: For customers with extended transit times in Dubai from 6 to 26 hours, Emirates' Dubai Connect programme turns a long layover into a comfortable stopover, courtesy of the airline. Eligible customers will enjoy complimentary hotel accommodation at a 4 or 5-star property, airport transfers, meals, and, where required, a UAE entry visa. Available to passengers across all cabin classes with qualifying connection times, Dubai Connect can be booked up to 12 hours ahead via Manage Your Booking (https://apo-opa.co/4d25rcf) on www.Emirates.com. Terms and conditions apply (https://apo-opa.co/42SvsG9). Skywards: From 8 May to 31 August 2026, Emirates Skywards members can enjoy accelerated access to the programme's premium tiers through reduced tier requirements and Bonus Tier Miles on Emirates and flydubai flights. *Between 1 March and 30 April Emirates operates five weekly flights between Dubai and Entebbe, ensuring consistent connectivity for passengers travelling to and from Uganda. Passengers can explore flight schedules and book their journey from Entebbe by visiting Emirates’ official website: https://apo-opa.co/4usnAXF.

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News make the markets move

MOST POPULAR

Hustle East Africa Magazine Brings You Up-to-the-Minute News about the African...

New Energy Vehicle Technology Transforms Manufacturing

Sidian Bank taps KCB’s John Okulo as its CEO

MyCredit, Enkisoma Africa ink Kes1.2bn private schools financing deal

HOT NEWS

How do we raise resilient children?

Terragon, Microsoft partnership aims to take African businesses to new heights

I&M Bank opens Kakamega branch

Mogwli Mentoring: Preparing the Next Generation Entrepreneurs

EDITOR PICKS

New Energy Vehicle Technology Transforms Manufacturing

Uganda Rejoins Emirates Airlines Global Network

Africa’s Energy Shift Starts With Technology

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Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

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Facebook Introduces Messenger Rooms and More ways to connect

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