Day: November 18, 2021

12 Articles
From L-R Ms. Christine Mwai, Absa Bank’s Country Credit Director, Mr. Bruno Shioso, National Police Spokesman, Mr. Julius Sunkuli, DCI Director of Logistics Mr. Julius Sunkuli, Mr. Alan Crossan , Group CEO East & Sub-Saharan Africa-CMC Motors and Mr. Rutto Kipng'eno , COO, Avenue Leasing & Rentals during the handover ceremony at CMC Motors Headquarters.
FEATURED STORY

Absa Bank Finances Ksh1.2Bn Vehicle Leasing Deal For National Police Service

Absa Bank Kenya PLC has signed a tripartite financing agreement with CMC Motors Limited and Avenue Lease and Rentals to supply 240 vehicles...

Wind Turbines in Sarima Kenya
BUSINESS

Government Ordered To Accept 300MW Wind Power Project

The Ministry of Energy and the Energy and Petroleum Regulatory Authority (Epra) have been ordered by the High Court to include the 300MW...

DCI boss George Kinoti during a past press briefing. He was ordered to surrender to Kamiti Maximum Security Prison in Nairobi within seven days to begin his sentence. [Photo/ Courtesy]
FEATURED STORY

DCI Chief George Kinoti Sentenced to 4 Months in Prison

In January 2019, a court ordered the DCI to return the firearms and ammunition seized from Wanjigi - an order the DCI failed...

Dr Gideon Muriuki - Co-op bank profit before tax q3
BUSINESS

Co-op Bank Q3 Profit Before Tax Jumps To Sh16.5B

Co-operative Bank Group has reported a profit before tax of Ksh16.5 billion for the period ending 30th September 2021, an impressive 20% growth...

Betting on sports teams
SPORTS

Why More People Bet On Sport Teams

Sports betting has been in existence for hundreds of years or some in some ancient society. Presently, the population of people that participate...

President Uhuru Kenyatta assents to the Refugees Bill, Foreign Service Bill and the Law of Succession (Amendment) Bill into law at State House, Nairobi on November 17, 2021. [Photo/ PSCU]
FEATURED STORY

Succession Bill Becomes Law – What it Means for Your Wealth, Relationships

President Kenyatta stated that the bill would "streamline the administration of succession matters in the country."

Harvesting sugar cane.
FEATURED STORY

Sweet Tidings As Gov’t Announces Better Sugarcane Prices

The government through the Ministry of Agriculture has announced new sugarcane prices for farmers, following an outcry. Announcing the changes,  the cabinet secretary...

KCB recorded a 16 percent rise in total income to Ksh79.9 billion, on account of higher interest income—driven by an increase in earning assets—, higher non-interest income – driven by increased transactional volumes and FX income and lower cost of funding.
BUSINESS

KCB Group Profit After Tax Hits Ksh25 Billion In Q3

KCB Group Plc more than doubled its profit after tax for the nine months ending September 2021. Net profit stood at Ksh25.2 billion...

A National Bank of Kenya (NBK) branch. [Photo/ NMG]
BUSINESS

No Turning Back: NBK Q3 2021 Net Profit Up 1126PC To KSh1.1 Billion

National Bank of Kenya (NBK) posted Ksh1.1 billion in profit after tax for the nine months ending September 2021, representing a 1126 percent...

From left, Gertrude’s Children’s Hospital Dr. Robert Nyarango, Gertrude’s Children’s Foundation Chairman Les Baille, Chief Executive Officer, Safaricom PLC- Peter Ndegwa, M-PESA Foundation Chairman- Michael Joseph holding a dummy cheque worth KES 168 Million. This was during the launch of Daktari Smart telemedicine program at Gertrude’s Children’s Hospital in Muthaiga which is targeting over 32,000 children in Samburu, Homabay, Baringo and Lamu Counties. Daktari Smart is a three-year program that aims to use telemedicine technology to link and provide treatment to 32,400 children in six hard-to-reach counties in Kenya.
FEATURED STORY

M-Pesa Foundation Partners With Gertrude’s Hospital For A Telemedicine Initiative

M-Pesa Foundation and Gertrude’s Hospital Foundation have launched the Daktari Smart telemedicine program targeting over 32,000 children in Samburu, Homabay, Baringo and Lamu Counties. Two...