Year: 2021

2133 Articles
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 ARTICLE

DCI Chief George Kinoti Sentenced to 4 Months in Prison

Director of Criminal Investigations (DCI) Chief George Kinoti was on Thursday, November 18 sentenced to 4 months in prison after being found guilty...

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

Apart from the fun derived from placing bets on any sport, players get the chance to make money on bank transfer bétting sites....

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 ARTICLE

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

President Uhuru Kenyatta on Wednesday, November 17 assented to the Law of Succession (Amendment) Bill, 2019 ushering in a new legal era for...

Harvesting sugar cane.
FEATURED ARTICLE

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 ARTICLE

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...

Stanbic Bank Kenya Chief Finance and Value Officer, Abraham Ogenge (Left) and Inchcape Kenya Managing Director Hussein Ibrahim (Right) during the signing of the Partnership between Stanbic Bank and Inchcape Kenya.
BUSINESSMARKETS

Stanbic Bank, Inchcape Ink Deal To Offer 100PC Financing For Luxurious Cars

Stanbic Bank Kenya and Inchcape Kenya have entered into a partnership that will see customers get up to 100% financing to acquire BMW,...