by Melissa Oduor | Nov 13, 2020 | BUSINESS NEWS
Property and pension industry players have welcomed the new mortgage regulations during a 3-day conference that combined insights from both regional and global experts on the implementation of the new regulation. The Mortgage Regulation 2020 stipulates that the funds...
by Melissa Oduor | Nov 11, 2020 | BUSINESS NEWS
Stanbic Bank Kenya has released its 2019 Sustainability Report (Report to Society) which captures the banks social, economic and environmental impact. The sustainability report is premised on seven key areas which are aligned to Kenya’s National Development plan,...
by Melissa Oduor | Nov 10, 2020 | BUSINESS NEWS
Prime Bank, a leading private bank in Kenya, has partnered with London-based FinTech SimbaPay, to launch an instant international money transfer service via the bank’s digital platform, PrimeMobi. Through SimbaPay, Prime Bank customers will now be able to instantly...
by Melissa Oduor | Nov 4, 2020 | BUSINESS NEWS
Metrotrans Sacco, one of the leading Nairobi based PSV transport Saccos has today received 45 new buses at Isuzu East Africa with financing fromCo-op Bank in form of a lease worth Kes 225 Million. The lease will enable the Sacco to respond to increased demand in their...
by Melissa Oduor | Nov 4, 2020 | BUSINESS NEWS
General (Rtd) Samson Mwathethe has been appointed as the new Board Chairman of the Kenya Electricity Generating Company PLC (KenGen). Gen. Mwathethe, who was appointed by the Board of Directors during a meeting earlier today, replaces Joshua Choge who has served...
by Melissa Oduor | Nov 3, 2020 | BUSINESS NEWS
Kenya Electricity Generating Company PLC (KenGen) will pay a total dividend of Ksh 1.65 billion to its shareholders. This follows approval of the Board’s recommendation by shareholders to pay the final dividend of Ksh 0.25 for the year for every ordinary share of Ksh...
