by Melissa Oduor | Mar 25, 2020 | BUSINESS NEWS
High end hotels The Tribe Hotel, Ole Sereni and DusitD2 have announced that they have stopped operations until further notice, due to effects of the coronavirus pandemic that has imposed travel restrictions and directed for social distancing. In separate notice, the...
by Melissa Oduor | Mar 24, 2020 | BUSINESS NEWS
Capital Markets Authority (CMA) has issued guidance to enable various market players adhere to compliance requirements, in view of the emerging trends where the spread of the Corona virus is evolving as a major threat to the performance of the financial markets. In a...
by Melissa Oduor | Mar 24, 2020 | BUSINESS NEWS
Absa Bank Kenya PLC has today reported a normalised profit after tax of Kshs8.5 billion for the period ended 31 December 2019, a growth of 15{d59e984f9fbc5c09e4ab0305e27bfa5819922b7230cd324f89a660f78358ca33} compared to a similar period last year. Normalised...
by Melissa Oduor | Mar 23, 2020 | BUSINESS NEWS
Photo Courtesy Telecommunications firm Safaricom has rolled out a partnership with public transport sector players to accept cashless payments through M-PESA in the ongoing battle to combat the spread of the Coronavirus. The partnership will see crew from...
by Melissa Oduor | Mar 23, 2020 | BUSINESS NEWS
Integrated Payments Service Limited (IPSL) has announced that all PesaLink transactions will be free with immediate effect until 30th June 2020. This is in response to the directive by President Uhuru Kenyatta who asked all financial institutions to explore ways to...
by Melissa Oduor | Mar 20, 2020 | BUSINESS NEWS
As part of the ongoing efforts to prevent the spread of Coronavirus in the country, manufacturer Pwani Oil Product Limited has partnered with Kenya Ferry Services (KFS) to provide soap and hand-washing kits for thousands of commuters using one of...
