On April 7, 2021, KDIC submitted the Receiver’s Report to CBK recommending that CBLIR be liquidated. The report indicates that considering the weak status of CBLIR’s financial position, liquidation is the only feasible option. 

Increased demand for trucks, however, drove up total industry sales 6.26 per cent to 2,867 units during the same period. Land Rover unit sales by Inchcape Kenya registered the biggest decline for the high-end car segment, falling to 2 in the review period from nine the previous year.

Jubilee Holdings Regional CEO Dr. Julius Kipng’etich noted that the outbreak of the COVID-19 pandemic posed great challenges to the carrying out of insurance in the normal way, and as a result Jubilee put greater emphasis on providing value, strengthening its agency networks and delivering a seamless customer service experience.

Magoha also said that the Ministry of Education would immediately start preparations to mount the 2021 KCPE and KCSE examinations, which will be administered "early next year”.

However, if you are more business inclined, you will know that opportunities abound on the internet. It is possible to make some serious money just by sitting behind your computer screen and tapping a few buttons. There are a number of money-making activities online, and here are three ways you can tap into the great financial potentials of the internet.

Apart from adding trust and reducing the possibility of fraud, a Verified Business badge can be a big boon for startups and businesses who are brand conscious and want to accurately present the name of their entity, logo and give their customers the satisfaction of knowing exactly who they are conducting business with.

As the COVID-19 pandemic unfolds, digital financial services systems have been used to support social distancing efforts, aiding business continuity during movement restrictions that have been implemented in Kenya and across the world.

Commenting about the global recognition, Patrick Nyaga, CIC Group CEO said ‘we are proud to be recognised globally. This award echoes our continued commitment to our clients to provide world class insurance services for the past decade’.

Lulu Hassan & Rashid Abdallah The on-air couple first became known to many as Swahili news anchors - Hassan at Royal Media Services (RMS)-owned Citizen...

“Should it hit its private market valuation of $100 billion, it would immediately become one of the 85 most valuable companies in the U.S. “Of course, this is driven by the fact the world’s two biggest cryptocurrencies, Bitcoin and Ethereum, to which Coinbase is intrinsically linked, have risen 800% and 1,300% respectively over the last year.”

Securing reliable, detailed, timely, locally sourced content has not been easy for economists who have in the past had to use international sources which often can take many months to update and opportunities to monitor the market can be missed.

Bitcoin 2021: The cryptocurrency market has been the hottest area for investors in recent months, with impressive advances around the globe for both large...

Thanks to its special position in the world's economic and political structures, crude oil trading provides outstanding profit prospects in almost all commodity prices....

Always has been ranked as the number one most loved sanitary brand by women in Kenya. “This is according to the study dubbed the Top...

The implementation of the Afya Moja Program will be rolled out in different counties in the coming months leading up to a full adoption countrywide. Safaricom will provide the technology platform which will enable patients access their health records and medical backgrounds through their mobile phones.

The announcement comes after the bank received a greenlight from both Capital Markets Authority (CMA) and the Retirement Benefits Authority (RBA) as a fund manager.