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Monthly Archives: November 2020

Nairobi Business Ventures Shifts Strategy After Capital Injection

NBV says with the infrastructure set to grow on the continent, there are opportunities to supply companies making end products such as cement and steel.

End of KCB Mobiloan Marks Beginning of Costly Credit

KCB says the decision has been made to ensure fast, flexible, and reliable borrowing services. 

Driver Charged With Stealing Sh2.8mn DRC Cargo

The offences were committed on November 1, 2020, at Juakali area in Uasin Gishu County

Nairobi Governor Sonko Arrested at Tycoon’s Home, Released

Sonko was arrested in Nairobi's Riverside area where he had scheduled a meeting with Members of the Nairobi County Assembly (MCAs).

Fresh Round of Retrenchment at Standard Claims Top Editor’s Job

Media grim reaper strikes again. This time at Standard Group where retrenchments are becoming all too frequent

Blaze by Safaricom Makes Comeback, Resumes Events

Safaricom's youth-centric brand, Blaze, made a comeback on Monday, November 30 as it resumed events after scaling down operations during the Covid-19 pandemic.

Kenyan Company Makes History in Global Covid-19 Fight

It is one of only six companies in the world licensed by the World Health Organization (WHO) to produce the syringes.

I&M Bank Profits Shrink by 31% to Sh4.6bn

Customer deposits ticked up to Ksh252.8 billion compared to Ksh236.2 billion banked the previous year

50,000 New Job Opportunities as Bars Ordered to Hire Covid Officers

The guideline is among new state regulations awaiting gazettement to guide operations in bars, liquor stores and other entertainment joints.

Stanbic Bank Q3 Profits Tumble 30% on Projected Bad Loans Mitigation

Stanbic joins the club of listed banks that have covered for their customers with the expectation they will default on their loans