PwC has urged business leaders to urgently drive effective Environmental, Social and Governance (ESG) research as this is critical to performance as it can...
CEOs continued to face pressure generated by the ongoing COVID pandemic and market conditions such as rising inflation, supply chain disruptions and the ‘Great...
PwC Africa has announced six key focus areas that will support the execution of its new global strategy that was announced on 15th June...
A new report compiled by audit firm PricewaterhouseCoopers (PwC) on behalf of the Kenya Bankers Association attributes the decline to reductions in corporate taxes and Pay As You Earn (PAYE) collections.
In 2020, Kenya experienced a 28% dip in advertising revenues as outdoor advertising fell sharply after companies cut spending during the Covid-19 pandemic. “This year, not surprisingly, the twin forces induced by COVID-19 — economic disruption and powerful shifts in consumer behaviour — challenge our underlying assumptions and frame our insights," the report says.
East Africa family businesses are more optimistic in 2021, with 60% of them expecting to see growth, and very positive from 2022, as 91% expect` growth. The key priorities facing East African family businesses over the next two years are expanding into new markets & client segments, increased use of new technologies, introducing new products & services and rethinking their business models.
Family Bank targets to raise Ksh4 billion in its first tranche with the balance to be raised within the next five years in various tranches/series. “We are positioning the bank for the second phase of growth as per our 2020-2024 strategy anchored on growth and stability of the bank," says Family Bank CEO Rebecca Mbithi. The banks wants to strengthen its capital base to support lending to micro, small and medium-sized enterprises and heavily invest in technology infrastructure while diversifying its products.
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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.
SasaPay has introduced a new cash-back model designed to...
The 30-year-old, also an avid follower of English Premier League giants Manchester United, came close to the grand prize of Ksh334,783,843 SportPesa Jackpot.
Among the contenders of the prestigious African of the Year award is Kenya’s President William Ruto, who will be battling it out with President Hakainde Hichilema of Zambia and Prof. Benedict Okey Oramah, President of Afrexim Bank.
Discover the profound impact of M-Pesa on financial inclusion in Kenya and beyond. Explore how this innovative mobile service revolutionizes transactions and shapes the future of finance globally.