How big bad borrowers like Kenya Airways continue to bleed lenders
Asset financing bank NIC Bank lent Kenya Airways an additional Sh1.6 billion to increase its exposure to the struggling airline.
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Author: Newsroom
Kenya Power in a bid to promote the manufacturing sector and encourage a 24-hour economy
Kenya Power is keen on enhancing service delivery to large power consumers in a bid to promote the manufacturing sector and encourage a 24-hour economy.
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Facebook’s boss finally speaks on the data harvesting scandal
In a lengthy Facebook post on Wednesday, the Facebook CEO Mark Zuckerberg has apologised and says he’s ready to testify before Congress.
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Courts spares CBA Mshwari refunds as case by Cofek falters
Customers will not get refunds from Commercial Bank of Africa’s Mshwari for charging up to 7.5 percent on loans.
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The making of a betrayal, Raila Odinga Vs NASA principals
Part 1: Stoni Athi resort
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Kenyatta linked Bank starts operations in Rwanda after buying out Crane Bank
The Commercial Bank of Africa (CBA), which is linked to the Kenyatta family, has officially started its banking operations in Rwanda following the successful acquisition of Crane Bank Rwanda Ltd, now re-launched as CBA Rwanda Limited.
Read MorePhoenix Group announces investment into Karuturi global
Nairobi, 19th March 2018: The US $2 billion Phoenix Group, a global agricultural and food company engaged in the production, procurement, processing, merchanting and distribution through its integrated supply chain announced today an investment in Karuturi Global’s operations in Kenya.
Read MoreInsurance companies given four years to adopt IFRS 9
Insurance companies have up to 2021 to adopt IFRS 9 after the market regulators met insurance players and auditors and agreed that they needed sufficient data to implement it.
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Tackling Childcare: The Business Case for Employer-Supported Childcare
Safaricom listed among 10 case studies of companies around the world offering various childcare options.
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KCB flat profits makes it a darling amidst crumbling lenders
After Cooperative Bank results came in ten percent lower confirming the dismal performance by lenders, focus shifted to Kenya Commercial Bank which remained resilient.
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