Philip Kimani – Group Chief Financial Officer (GCFO) (left), CIC Group discusses with Patrick Nyaga - Group Chief Executive Officer (GCEO), CIC Group (right) during the investor briefing and the announcement of the CIC Group 2021 results.

CIC Back in Profit-Making Territory After Strong 2021

CIC Insurance Group Plc on Tuesday, March 15 announced its full year results for 2021, bouncing back into profit-making territory after a torrid...

MARTIN SIELE2 Mins read

Wasoko allows micro retailers to stock up their stores via digital channels with free same-day delivery, and offers them customised lines of credit.

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Kenya’s Sokowatch Raises Ksh14 Billion, Rebrands to Wasoko

Sokowatch, the African e-commerce company leveraging technology to transform the informal retail supply chain, has announced the close of a $125 million (Ksh14.29...

BUSINESS TODAY3 Mins read

Keroche founder Tabitha Karanja (l) with Joseph Karanja at a past product launch. Agreement on a new payment plan will see Keroche's Naivasha brewery reopened for production. [Photo/ Keroche]

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Relief as Keroche, KRA Strike Deal

The Keroche tax saga that has captured Kenyans' attention in recent weeks got a new chapter on Tuesday, March 16 after the brewer...

MARTIN SIELE2 Mins read

Digital credit services will be required to disclose interest rates, late payment and rollover fees before issuing the loans. [Photo: REUTERS/Thomas Mukoya]

BUSINESS ECONOMY SMART BUSINESS

New Rules for Loan Apps as CBK Sets Compliance Deadline

Digital lenders will be required to comply with a raft of new licensing provisions by August 2022 as the Central Bank of Kenya...

MARTIN SIELE1 Mins read

UN Pause Campaign www.businesstoday.co.ke

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Covid Tops Hospitality, Leisure And Tourism Industry Risks

Covid-19 is the biggest concern for companies in the hospitality, leisure and tourism industry, according to the Allianz Risk Barometer 2022. This risk...

BT Reporter3 Mins read

Sidian bank Kamakis branch manager Mutethia Muthuri, Chairman to the Board Dr. James Mworia and Sidian bank CEO Chege Thumbi during the opening of the branch in Ruiru on March 15, 2022

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Sidian Opens Its 43rd Branch In Ruiru

Sidian Bank has launched its 43rd branch in Kamakis, Ruiru, Kiambu County, along the Eastern Bypass. The lender says that the branch is...

BT Reporter2 Mins read

Stanbic Bank Kenya Head of Business and Commercial Clients, Florence Wanja (Left ),Group CEO CMC Motors Kenya, Allan Crossan (Right)

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CMC, Stanbic Partner To Launch Financing For Ford Vehicles

CMC Motors Group has entered a partnership with Stanbic Bank to launch Ford Finance, a first-of-its-kind joint venture between a vehicle dealership and...

BT Reporter2 Mins read