Newsroom, Author at Newsroom by Maudhui

March 15, 2018 Newsroom

British firm takes tight grip of Stanbic Bank

British financial firm, Stanbic Africa Holdings Limited (SAHL) has announced plans to buy 15 percent stake in Stanbic Bank headquartered in Johannesburg.

Markets

March 14, 2018 Newsroom

UAP Old Mutual merger starts bearing fruit

UAP old Mutual has reduced its exposures by Sh1 billion by cutting off 100 high-risk accounts according to Group CEO Peter Mwangi.

News

March 13, 2018 Newsroom

President Uhuru sends names of new government nominees to the National Assembly

President Uhuru Kenyatta has sent to the National Assembly the nomination for vetting and approval of Justice Paul Kihara Kariuki as Attorney General; and Noordin Mohamed Haji as Director of Public Prosecutions.

Counties

March 13, 2018 Newsroom

Kenya Ferry Services appeals court ruling barring it from constructing new ferries

The Kenya Ferry Services has appealed the High Court order stopping it from continuing with the construction of one of the two ferries that were being constructed in Turkey.

Corporate

March 8, 2018 Newsroom

KCB posts flat growth in full year profts as interest rate caps continue to bite

KCB Group has reported Sh19.7billion profits after tax in the full year ended December 2017.

Corporate Technology

March 8, 2018 Newsroom

NIC Bank to Transform ATM and Branch Experience with Innovative NCR Interactive Teller Technology

NIC Bank Kenya PLC has today partnered with NCR Corporation (NYSE: NCR), a global leader in omnichannel solutions, to launch NCR Interactive Teller, an innovative ATM-based technology that not only lets people talk to a live remote teller, but also gives the teller remote access to the machine to assist customers to conduct transactions.