by Melissa Oduor | Apr 6, 2020 | BUSINESS NEWS
Co-op Bank has donated Ksh100 million cash contribution to support ongoing efforts to combat Covid-19. The funds are expected to be channeled through the Covid-19 Emergency Response Fund and facilitate the purchase of ventilators which are considered crucial in the...
by Melissa Oduor | Apr 6, 2020 | BUSINESS NEWS
UAP Old Mutual Faulu Foundation has committed Kshs 6 Million for humanitarian initiatives in response to the Covid-19 pandemic in Kenya. The fund is expected to support over 400 casual work force across the UAP Old Mutual and Faulu footprint in Kenya with donations to...
by Melissa Oduor | Apr 6, 2020 | BUSINESS NEWS
Members of the Digital Lenders Association (DLAK), which represents 17 major digital lenders in the country, have today agreed to waive the late repayment fees as part of the measures to support customers during this time of the COVID-19 outbreak. The move will...
by Melissa Oduor | Mar 31, 2020 | BUSINESS NEWS
Second hand clothes and shoes have been banned from Kenya until otherwise advised, says the Kenya Bureau of Standards (KEBS). This is According to a public notice appearing in today’s local dailies to importers. This is a precautionary measure by KEBS as part of the...
by Melissa Oduor | Mar 31, 2020 | BUSINESS NEWS
Nakuru based Menengai Oil Refineries Limited (M.O.R.L) has donated a total of one thousand four hundred (1,400) cartons of Bar Soaps to the Kenya Red Cross and Nakuru County government. This is in a bid to help compliment the efforts by Kenya Red Cross to curb the...
by Melissa Oduor | Mar 27, 2020 | BUSINESS NEWS
Family Bank has for the second year running recorded Sh 1.42 billion profit before tax for Full Year 2019, representing a 227 per cent earnings growth compared to the same period in 2018. The growth is attributed to growth in customer deposits, loans advanced to the...