22 C
Nairobi
Tuesday, March 9, 2021
NCBA is projecting Kenya’s economy to recover upwards of 4.9 per cent this year following the easing of Covid-19 restrictions. The lender's forecast is however below that of the National Treasury and World Bank. The two have projected the economic growth to rebound from 0.6 per cent last year to 6.4 and 6.9 per...
Kenya Ports Authority’s second East Africa Maritime Awards (EAMA) ceremony is scheduled to take place On May 21, 2021 in Mombasa. The Awards seek to recognize and award notable users of the Port of Mombasa and individual players. Organized in partnerships with the Kenya Maritime Authority (KMA), Kenya Revenue Authority (KRA),...
Family Bank has expanded its branch network to 92 across 37 counties with the opening of a new branch in Eastleigh, bringing its services closer to one of the country’s fastest-growing business hubs.  “Eastleigh has been a key strategic focus for our business and today marks the official opening of Family Bank...
GE has announced the appointment of Mohammed Mijindadi as President of GE Nigeria. In this role, Mohammed will focus on strengthening GE’s impact in Nigeria, building strong stakeholder relationships across Power, Healthcare, Aviation and Renewable Energy sectors, and supporting the businesses to develop and execute the market strategy. Mohammed brings over...
Superior Homes Kenya PLC, the developers of iconic Greenpark estate, is set to build a retail frontage commercial centre to be built at a cost of Ksh 350 million. The developer will break ground for the 3,500 square meters- commercial centre in the second quarter of 2021 and will be...
vivo Y20s Now Available in Kenya, Offers A Massive 5000mAh Battery with 18W FlashCharge The ever-evolving global smartphone brand vivo, has announced the launch of the newest entrant in Y-Series, the vivo Y20s in Kenya. The new Y20s that retails for Ksh.20,999 countrywide, comes with a long-lasting 5000mAh battery, with 18W...
Superior Homes Kenya PLC, the developers of Greenpark Estate, have completed the construction of a Ksh15 million flood protection wall to mitigate any water overflow from the Stoni Athi River as was witnessed in 2018 when it affected eight of the houses in the expansive estate. Superior Homes Kenya PLC...
 Micro, small and medium enterprises experiencing disrupted cash flows will be able to access both secured and unsecured financing for acquisition of trading assets and working capital to support business activities and preserve jobs by strengthening their resilience in the long-term.  The facility has also been discounted to cushion the MSMEs from the negative effects of Covid-19. “We...
HF Group is set to receive Sh1 billion from Britam Holdings to boost its capital base as the mortgage lender transitions into a full-fledged bank. On Wednesday, HF Group said it had signed a capital injection from Britam as part of its broader strategy to power growth and cement its-full banking...
Medical insurers in Kenya posted their highest-ever underwriting profit in the six months ended June last year on reduced bills, as patients avoided hospitals for fear of contracting the coronavirus. Latest data by the Insurance Regulatory Authority (IRA) shows that medical insurance firms made Ksh891.05 million (about $8 million) in...

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