by Melissa Oduor | Apr 1, 2021 | news
Agriculture is the backbone of the Kenyan economy, employing approximately 75% of the rural population, and making up 34% of the country’s gross domestic product. However, commercial lending to the agricultural sector remains dis-proportionally low. This funding gap...
by Melissa Oduor | Mar 23, 2021 | BUSINESS NEWS
KCB Bank has been recognized as the best bank in Kenya by the respected Global Finance Magazine during their 28th annual awards for the World’s Best Banks. KCB Bank has won the award, for the third year in a row. This recognition was awarded to the bank for its robust...
by Melissa Oduor | Mar 18, 2021 | BUSINESS NEWS
Co-operative Bank Group has reported a profit before tax of Ksh 14.3 Billion for the 2020 financial year, a 23% reduction compared to Ksh 20.7 Billion shillings , and profit after tax of Ksh 10.9Billion compared to Ksh 14.3Billion in 2019. In a statement, Co-op Bank...
by Melissa Oduor | Mar 16, 2021 | news
Carrefour, has opened a second store in Uganda. Located in Naalya,Uganda, the new retail store spanning over 2,050 square meters, seeks to address the immediate shopping needs of shoppers who live and work in Naalya, Ntinda, Namugongo and its vicinities. In a...
by Melissa Oduor | Mar 9, 2021 | BUSINESS NEWS
Swvl Kenya has today announced the resumption of its regular commuter services across Nairobi city as it aims to scale up operations in the country. This will add to their recently launched innovations; Swvl Carpool and Swvl Travel, and is part of the company’s...
