Tag: John Gachora
NCBA Economic Forum noted that the Kenya’s economic growth path potentially faces several challenges including foreign exchange pressure occasioned by weak shilling and low official FX reserves, uncertain weather conditions and persistently high inflation.
The acquisition of AIG Kenya, the over 50-year-old insurance company, which has dominated insurance business for years, will be a landmark transaction in Kenya's financial services industry.
Offered by Safaricom in partnership with NCBA, M-shwari disbursed Ksh42 billion in the six months to June 2022, compared to Ksh44.8 billion disbursed over the same period in 2021. It is dwarfed by another of Safaricom's credit products, overdraft service Fuliza - which is also offered in partnership with NCBA - and disbursed Ksh288 billion in the first half of the year up from Ksh220.38 billion in the same period last year.
The Kenya Bankers Association (KBA) membership has reelected NCBA Bank Managing Director and CEO John Gachora and Family Bank Chief Executive Officer Rebecca Mbithi...
The report further cites that vaccination remains a major policy imperative in achieving strong, sustainable, and inclusive growth which, subject to vaccine availability, could enhance confidence later in the year.
The merged bank recorded profit after tax of Ksh4.57 billion for the year ended December 31, 2020 down from Ksh7.8 billion in 2019. Like all other tier-one lenders, the situation was down to the tough operating environment in 2020 due to the Covid-19 pandemic.
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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.
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.
Running from December 4th to 25th, the SportPesa campaign promises daily excitement with six lucky winners expected to walk away with Ksh5,000 daily.
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Captain William Kipkemboi Ruto is officially known by the name William Ruto, which also happens to be President William Samoei Ruto’s official name.
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.