Dimension Data Picks Kenyan to Head Managed Services

Peter Gitonga will provide strategic leadership for Dimension Data's East Africa operations, overseeing a spectrum of technology-based managed services.

Inside Details of How Equity Sealed Deal to Acquire Rwandan Bank

Equity Group Managing Director and CEO, Dr James Mwangi, said the transaction Equity-Cogebanque deal was sealed on 30th November 2023.

KBL Gives Maasai Name to First Brand at New Sh1.2B Microbrewery

The new microbrewery in Ruaraka is aimed at helping the business to extend KBL innovation capability and to meet consumers’ changing tastes and preferences.

Borrowers Tie Lenders in Web of Litigation as Defaults Rise

In early June, Equity placed TransCentury and East Africa Cables under receivership after declining a request to write off over Ksh2.8 billion ($20 million) debt owed by TransCentury Plc and another Ksh1.948 billion owed by its subsidiary.

A Look at New Generation Ford Vehicle Models Trending in Kenya

The new partnership between Ford and Caetano offers the brand an opportunity to gain market share in Kenya by leveraging on Caetano’s extensive network and experience.

NBK First Bank to Post Loss in a Profit Rich Industry

NBK Profit decline resulted mainly from one-off costs associated with legal matters, staff voluntary early retirement program

Co-op Bank ICT Director Named CIO of the Year 2023

The CIO of The Year Award is a peer award where CIOs and judges nominate an individual who has excelled in managing the IT leadership function in an organization.

Umeme Ltd Director Florence Nsubuga Resigns

Ms Florence Nsubuga has resigned as a director of Umeme Ltd, according to the listed company's filing at the Nairobi Securities Exchange.

From 4 Jobs to One: The Odd Transition of a Corporate Lawyer

Kathryne Maundu, the advocate of the High Court, certified public secretary, and an accredited governance auditor has reportedly landed a new assignment with one of Kenya’s big banks.

Standard Chartered Bank Rolls Out Menopause Cover

Standard Chartered has rolled out wide-ranging changes to its employee benefits programme in line with its continued ambition to create a dynamic and attractive place to work.

Equity CEO Pumps Sh846M Loans into a Struggling Economy

Equity Bank CEO says it was a strategic decision to support and cushion our customers to fortify their opportunities for survival and enhance their resilience during these difficult economic times by

Holcim Quits Uganda After Selling Bamburi Stake Hima Cement

Hima Cement Ltd is 70% owned by Bamburi Cement PLC while the remaining 30% is owned by Cementia Holding AG (a member of the Holcim Group).

Kora Underscores Fintech’s Role in Bridging Financial Inclusion

Over the next ten years, Kora anticipates fintech to revolutionize the African landscape, improving the quality of life and standard of living for Africans across the continent.

Absa Bank Feted at 2023 KBA SFI Catalyst Awards

The bank received top honours in several categories, including Best in Bank Operations and Best in Sustainable Finance, and emerged as the third overall best bank at KBA SFI Catalyst Awards

KBL Festive Season Campaign to Include Seedlings

Dubbed "IT'S A WRAP," KBL festive season campaign is designed to inspire KBL consumers, offering them the opportunity to craft enduring memories

Inside Co-operative Bank’s Profit Machine

Managing Director and CEO Dr Gideon Muriuki says  the strong Co-op bank profit performance is in line with the Group’s strategic focus on sustainable growth, resilience, and agility.

Kenyan Media Tracking Firm Beats Global Giants at AMEC Awards

The 2023 AMEC Global Communication Effectiveness Awards winners were revealed on Friday evening during a Gala Dinner Ceremony held at the Church House, Westminster, London. GlobeTrack International shines.

Fruits Company Invests Sh200M in Cold Storage Facility

Fruitbox: Two South African fruit exporting companies together with local Kenyan partners have opened the doors of a modern cold storage facility in Nairobi.

NCBA Bank Sets New Branch in Bustling Ruaka Town

The branch, located at Elizaphan Plaza, is one of the 10 branches it pledged to open this year as part of its expansion strategy to spread financial services.

Technology Leaders to Converge in Diani for CIO100 Awards

The CIO100 Awards 2023, also known as 'The Oscars of Tech in Africa,' honour tech leaders across various sectors.

Bad News for Standard Group Investors

Standard Group shares could sink deeper as the company struggles with a growing vortex of challenges.   

Progressive Credit named most trusted Microfinance company

Progressive Credit Limited emerged the winner of the Most Trusted, Transparent, and Reliable Non-Deposit Taking Microfinance Company award at the TopScoreBrands Awards ceremony.

Back to Double Digit Growth, Safaricom Half Year Profit Hits

Safaricom half year profit strong performance comes on the backdrop of a price reduction in Kenya business allowing customers to do more for less.

Tycoon Julius Mwale Catches the Eye of Vietnam Construction Firm

Hoa Binh Construction Group, a leading construction firm in Vietnam and one of the largest in Asia, was hosted in Kenya by Mwale Medical and Technology City (MMTC), founded by Julius Mwale.

Iconic Nairobi Safari Club Changes Name Under New Management

The management partnership with Nairobi Safari Club is part of Swiss-Belhotel International’s Africa portfolio expansion strategy for the Hong Kong-based global hotel management group.

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Whipped and Stripped! A Survivor’s Tale of Harrowing Brutality in a Mental Hospital

The lack of a long-term vision and inadequate resourcing of mental hospital infrastructures continues to take a toll on Kenya’s mentally ill patients.

Dubai Agency Picks Top Influencer Marketers to Lead Kenyan Operation

This strategic move is in line with indaHash vision to cement its presence in Africa, following its impactful footprint in South Africa since 2017 and successful collaborations with clients like the South African Tourism Board.

SportPesa to reward Customers in Cash-Filled Festive Promotion

Running from December 4th to 25th, the SportPesa campaign promises daily excitement with six lucky winners expected to walk away with Ksh5,000 daily.

Captain William Ruto: President’s Namesake With a Decorated Career

Captain William Kipkemboi Ruto is officially known by the name William Ruto, which also happens to be President William Samoei Ruto’s official name.

Amazing Origin of ‘Pesa’ and How Shilling Overtook Foreign Currencies

With the establishment of individual Central Banks for the three East African countries, Kenya began printing and minting its own shilling currency notes under the mandate given to the Central Bank of Kenya in 19676.