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...
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...
by Melissa Oduor | Oct 19, 2020 | BUSINESS NEWS
Co-operative Bank has been named Best Bank in Kenya at this year’s African Banking Awards 2020 organised by EMEA Finance. The EMEA Finance Awards recognize financial institutions which, through their client focus and sound leadership, continue to increase...