Year: 2022

1879 Articles
Known as Halal Pesa, the loan offer will allow Safaricom customers to borrow up to Ksh20,000. It has a repayment period of 30 days.
BUSINESSSMART BUSINESSTECHNOLOGY

Safaricom’s New 5% Loan Offer – All the Details of Halal Pesa

Safaricom on Wednesday, March 30 unveiled its first Sharia-compliant mobile loan, offered in partnership with Gulf African Bank. Known as Halal Pesa, the...

KEBS
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List Of Substandard Roofing Products In The Kenyan Market – KEBS

The Kenya Bureau of Standards (KEBS) has announced the presence of substandard Roofing sheets in the market that do not fully comply with...

KCB Group CEO and MD Joshua Oigara.
FEATURED ARTICLE

KCB Merges Rwanda Operations Following BPR Acquisition

KCB Group PLC has received regulatory approval by the National Bank of Rwanda (BNR) to merge its newly acquired Banque Populaire du Rwanda...

Family Bank Chief Executive Officer Rebecca Mbithi.
FEATURED ARTICLE

Family Bank’s Profit Soars 132 Percent To Ksh3.3. Billion

Family Bank Group has recorded a Ksh3.3 billion Profit Before Tax for the year ended December 31, 2021, marking a 131.6 percent growth...

Profit before tax rose marginally to Ksh11.86 billion in 2021, compared to Ksh11.63 billion in 2020.
FEATURED ARTICLE

I&M Bank Profits Grow to Ksh8.6B for 2021

I&M Bank Group on Wednesday, March 30 announced its full year results for 2021. Profit after tax grew by 3.0% to reach Ksh8.6...

View of a section of Westlands, Nairobi. The area recorded the highest average rental yields for MUDs in Nairobi in 2020 according to a report by Cytonn.
FEATURED ARTICLE

Gigiri, Westlands Ranked The Best Performing Commercial Office Nodes In Nairobi

The Commercial Office sector in the Nairobi Metropolitan Area (NMA)realized an improvement in its overall performance in 2021, with the average rental yields...

KQ has been on a loss-making streak for the past nine years, with accumulated losses totaling Ksh144.64 billion. [Photo/ Lifestyle Afrique]
BUSINESSECONOMYMARKETS

Kenya Airways Losses Slide 56% to Hit Ksh16 Billion

National carrier Kenya Airways on Tuesday, March 29 announced a Ksh15.8 billion net loss for the year ended December 2021, a 56.58% slide...

Wahu Kagwi
FEATURED ARTICLE

Wahu Kagwi Lands New Job With Mortein Kenya

Mortein has unveiled singer Wahu Kagwi as its brand ambassador as it rolled out a national anti-malaria campaign. The brand, manufactured by global...

Eric Muli, CEO Lipa Later with Keval Kanini, Managing Director, Hotpoint Appliances Limited, during an MoU signing ceremony that allows all Hotpoint customers to access all products on a buy now pay later basis.
FEATURED ARTICLE

Lipa Later On-boards Hotpoint As New Electronics Partner

Lipa Later, a payment option that allows customers to purchase commodities through affordable monthly instalments has on-boarded Hotpoint as a new retail partner....

EAC Heads of state during the extraordinary summit held virtually on March 29th, 2022. [Photo/ EAC]
BUSINESSECONOMY

DRC Joins EAC – Here’s Everything You Should Know

The Democratic Republic of Congo (DRC) on Tuesday, March 29 officially became the newest member of the East African Community (EAC) bloc. The...