Kenyan startups Ecobora Company and Inteco Kenya Ltd have been named as regional winners in the 2020 ASME Innovation Showcase (ISHOW). The competition is held b...
Absa Bank Kenya PLC has announced that it has reported a profit after tax of Ksh. 2.3 billion for the period ended 31 March 2020. This is a 13% growth compared ...
KCB Foundation has announced that it has donated Ksh. 2.5 million to Kenyan victims of flooding that has taken place in various parts of the country.
Benefic...
SHOFCO, Provide International and Ushirika School to provide water to an estimated 90,000 residents in Korogocho, Kawangware, Kibra and Mathare. These efforts a...
Bolt the on demand ride hailing app has raised an investment round amounting to Ksh 11 billion from Naya Capital Management to boost its growth and development ...
The Equity Group has withdrawn its recommendation of a Ksh. 9.5 billion dividend payout to its shareholders. The bank cited the need to conserve funds as the Co...
Safaricom Foundation has announced that it has partnered with Scope International partner to set up sanitation booths in 6 counties.
Thousands of people in ...
Family Bank has posted a net profit of Ksh. 297 Million for the three months to March 31st. This is an 85% rise from a similar period last year when the bank ma...
Equity Group has announced that it will offer its clients who have loans and are affected by the COVID-19 crisis a loan restructuring program. The bank has prom...
National Bank of Kenya (NBK) has today donated masks to the National Police Service to aid in the fight against the COVID-19 pandemic in Kenya.
The 4,000 mas...
UAP Old Mutual General Business, Uber & AutoXpress have partnered to distribute masks to Uber drivers to ensure they keep safe in the COVID-19 crisis.
Th...
National Bank of Kenya (NBK) has announced that it has posted a Ksh. 155 million in profit after tax for the first quarter of 2020 ending March. This is a 134% ...
Naivas Supermarket has donated food worth Ksh. 20 million to Kenyan families affected by the Covid-19 pandemic.
The 289 metric tonnes of food will be distrib...
UNICEF have partnered with Airtel Africa to support children and families affected by the crisis the COVID-19 pandemic has created.
Under the new partnershi...
Equity has invested in a new trade finance system that is aimed at improving turn-around time and boosting supply chain financing.
At its trial phase, the sy...
The NCBA Group has reported a Ksh. 1.6 Billion net profit for the period ended 31 March 2020. This represents a 20% rise in profitability from Ksh. 1.29 Billio...
Kenya Commercial Bank Group, the biggest lender in the country has posted a net profit of Ksh. 6.3 Billion for the period ended 31st March 2020. This represents...
The European Commission (EU) has provided Ksh. 52.2 million (EUR 450 000) in funding to the Kenya National Commission on Human Rights (KNCHR) to boost its effor...
Diamond Trust Bank (DTB) has announced that it will support Ksh. 10 million programme to support 2,000 vulnerable families in Mombasa for a period of 30 days an...
AMREF Health Africa in Kenya has began the manufacturing of personal protective equipment (PPE) in Kenya to fight COVID-19 at its Dagoretti Fashion and Design C...
African Guarantee Fund (AGF) for Small and Medium-sized Enterprises, has announced its COVID-19 response aimed at reducing the uncertainties facing financial in...
Continuity East Africa (CEA) plans to invest over Ksh. 500million in the next three years to expand its work area recovery facilities in the region.
Accordin...
Safaricom Foundation has donated Ksh. 14.7 million worth of donations to families affected by the ongoing floods in Kenya. The telecommunication company has par...
East African Breweries Limited (EABL) has donated Ksh. 50 million in cash to the Kenya COVID-19 Emergency Fund.
This is in addition to the Ksh. 50 million th...
The Old Mutual Investment Group (OMIG), the Asset Management business arm of the UAP Old Mutual Group, has launched a Facebook Messenger ChatBot called Arifa.
...
Absa Bank Kenya PLC has today announced that it will provide loans for the purchase of e-learning infrastructure for schools & parents.
The loan facility...
The Coca-Cola Foundation and Coca-Cola Beverages Africa (CCBA) have donated Ksh. 10 million in support of various efforts to combat the COVID-19 pandemic in Ken...
Kenyan betting company Betika has donated Ksh. 27 million towards various initiatives geared towards combating the effects of the Covid-19 pandemic.
Ksh. 6 M...
Students in Kawangware and Dandora are set to benefit to access e-learning platforms through a donation from Safaricom Foundation. This initiative will be in pa...
For a long time, a white-collar job has been most parents’ dream for their children, and the aspiration of young people the world over. In schools, pupils are u...
Telkom Kenya has partnered with power health tech company, Afya Rekod’s health management platform, to facilitate COVID-19 monitoring and analysis.
The Afya ...
Standard Chartered Bank has announced the restructuring of its loan facilities worth over Ksh. 8 Billion to support key sectors in the economy that have been af...
Bolt the on-demand ride hailing app, has launched a courier service dubbed “Bolt Business Delivery”. It will work by connecting businesses with couriers on the ...
Safaricom has announced a partnership with Google to launch a 4G smartphone financing program that will enable its subscribers to own a phone for as little as K...
The Commercial International Bank (CIB) which is an Egyptian bank has acquired a 51 percent shareholding in the Mayfair Bank Limited (MBL) with effect from May ...
Earlier in the day, the Central Bank of Kenya released a statement in which it outlined a series of regulatory actions that it had taken against Absa.
This w...
The Visa Foundation has today announced a commitment to invest in two programs totaling $210 Million. This is in a bid to support small and micro businesses.
...
The Capital Markets Authority (CMA) has announced that it will allow listed companies on the Nairobi Securities Exchange (NSE) to pay dividends without holding ...
Safaricom has launched Bonga For Good, an initiative that will see customers use Bonga Points to pay for essential goods and services.
The campaign has been ...
Tatu City has opened a certified water testing laboratory to ensure water quality at the 5,000-acre new city development in Nairobi.
The lab is equipped with...
Britam Holdings has today announced a Ksh. 3.5 billion profit after tax for the year ending 31st December 2019. This is rapid increase from the Ksh. 2.29 billio...
UAP Insurance Kenya has announced a Ksh. 1.249 billion profit before tax for the financial period ended 31st December 2019. This is a 316% increase from the Ksh...
