Day: November 12, 2020

11 Articles
President Uhuru Kenyatta delivering a past address
ECONOMY

President Uhuru Kenyatta’s State of the Nation Address [FULL SPEECH]

President Uhuru Kenyatta on Thursday, November 12 delivered his seventh State of the Nation Address at Parliament buildings, Nairobi.

Makueni County Assembly Speaker Douglas Mbilu (left) with Governor Kivutha Kibwana at a past event
POLITICS

Kenya’s Happiest County Has Best-Performing MCAs, Senator – Infotrak

Other than ranking counties based on happiness and optimism, it also ranked Senators, Governors and Members of the County Assembly (MCAs) based on...

FEATURED STORY

KCB Receives Accreditation to Fund Green Projects

In a regional first, bank now capable of fronting projects of up to Ksh25 Billion

Mwananchi Credit
FEATURED STORY

Mwananchi Credit Announces Penalty Fee Waiver For Borrowers

The company says the 100% fee waiver will cushion customers from the adverse financial effects of the Covid-19 pandemic.

Equity Group Profit 2019 and Equity Bank CEO Dr James Mwangi www.businesstoday.co.ke
FEATURED STORY

Equity Group’s Nine Month Profit Falls By Sh2.5bn

The lender just like its peers seems to have caught a cold from the COVID-19 Pandemic with the decline in profitability directly attributable...

KCB Group and Equity Bank Group logos. The Tier 1 banks are closer than ever to Ksh1 trillion balance sheets.
FEATURED STORY

Equity, KCB Race to Ksh1 Trillion Balance Sheet

Q3 results released by Equity on Thursday, November 12 saw its balance sheet expand 38% from Kshs 677.1 billion to reach Kshs 934...

KCB Group CEO and MD Joshua Oigara. The lender has posted a Ksh10.9 billion profit after tax for the nine months ended September 30, 2020.
FEATURED STORY

KCB Q3 Profit After Tax Down 43% to Sh10.9bn

Higher loans provisioning sets back the lender with the dark COVID-19 cloud still hanging. The lender has chosen to be cautious

FEATURED STORY

Why Kenya’s Elite Are Looking For a Second Country to Call Home

The Caribbean offers a luxurious lifestyle combined with accessibility which appeals to many Kenyan entrepreneurs

A Standard Chartered bank branch.
ECONOMY

StanChart Sends 200 Home as Pandemic Bites

The bank noted that the restructuring was in line with its digitization strategy which they began implementing in 2016.

Getting my name off CRB list www.businesstoday.co.ke
SMART MONEY

Millions of Kenyans Struggling to Pay Loans Face CRB Monster

According to the survey 10% of households reported they are unable to service loans at all, with another 13.6% falling behind in payments.