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 | Uncategorized
Following a surge in the number of positive coronavirus cases in the country in the last 38 days, President Uhuru Kenyatta has now announced the extension of the countrywide curfew, which has now been adjusted to 10pm to 4am. Making the announcement, the president...
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 | news
President Uhuru Kenyatta on Sunday joined worshipers in praise and worship at the All Saints’ Cathedral in Nairobi during a special Sunday Service to mark the 50th Anniversary of the Anglican Province of Kenya. The President was received by The Most Rev. Dr....
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...
by Melissa Oduor | Nov 2, 2020 | news
Chief Justice David Maraga has witnessed the swearing in of the Registrar of Political Parties Ann Nderitu, and urged her to ensure her office does all it can to help political parties become institutionalized as long term centers of ideological alignments. Maraga...
by Melissa Oduor | Nov 2, 2020 | news
Members of Parliament from both the National Assembly and the Senate have declared their support for the proposals in the recently published Building Bridges Initiative (BBI) report. In a statement read by Senate Minority Leader James Orengo at the close of a two-day...
by Melissa Oduor | Oct 29, 2020 | news
National Bank of Kenya (NBK) has donated an assortment of Protective Personal Equipment (PPE) to the Teachers Service Commission (TSC). The donation that included 1000 masks, 20 thermo guns, 1000 gloves and 200 of litres sanitizer, will be distributed in TSC’s...
by Melissa Oduor | Oct 22, 2020 | BUSINESS NEWS
Co-operative Bank Group shareholders have held their 12th Annual General Meeting (AGM) virtually and ratified a dividend of Sh1.00 per share, being the same level of dividend payout as for the previous year, 2018. The 2019 dividend amounting to a total cash payment...