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Monday, March 1, 2021
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    Racy Nurse Who Travelled to Offer Essential ‘pekejeng’ Services in Nakuru Quarantined

    Incredible News for Admited Patients

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    Details as Raila and Kalonzo’s Pension Reviewed

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    Racy Nurse Who Travelled to Offer Essential ‘pekejeng’ Services in Nakuru Quarantined

    Incredible News for Admited Patients

    Killer police officer Ahmed Rashid robs businessman Sh1.8 million through Stanbic Bank

    Killer police officer Ahmed Rashid robs businessman Sh1.8 million through Stanbic Bank

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    Will loud-mouthed central Kenya MP Rigathi Gachagua survive this?

    Giraffe poachers caught

    Video: Kenya Power Negligence Leaves 15 Dead

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    Details as Raila and Kalonzo’s Pension Reviewed

    Monkeys giving residents Sleepless Nights

    Monkeys giving residents Sleepless Nights

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    Trouble over the control of Sh8.7Billion Facility

    Trouble over the control of Sh8.7Billion Facility

  • Business
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    How to apply for a loan at Metropolitan National Sacco

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    Accident-prone Silverstone Air seeks to change name

    Accident-prone Silverstone Air seeks to change name

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    Video: Famous Kilimani Instagram Socialite Dies

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    Video: Why Diamond’s Wasafi TV Has Been Shut Down

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    Rehabilitating Churchil Show Comedian Loses a Father

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    Funeral worker who took selfie with Maradona’s body begs for forgiveness

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    Frustrated Messi is tired of taking Barcelona blames

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    Leopards in bitter fight with Etoile over new signings

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    Arsenal Manager in heated war of words with Ozil’s agent

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Home Business

How Cooperative Bank Has Helped To Counter The Spread Of Covid-19

Cooperative bank's hand of help in fight against Covid-19

T Bag by T Bag
February 23, 2021
in Business
2 min read
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How to apply for a loan at Metropolitan National Sacco

Kenya Power Half Year Profit Slump

The Cooperative Bank of Kenya has worked closely with the private sector-led Covid-19 Emergency Response Fund that was set up recently to gather resources for fighting the spread and impact of the virus.

Co-op Bank’s Managing Director Gideon Muriuki said the contribution is in recognition of the need by corporates and individuals to put resources together to source for critical medical supplies and equipment such as ventilators.

Mr Muriuki wrote to Kenya Breweries Limited Managing Director Jane Karuku, who heads the fund, informing her about the cash donation.

“The board of directors and staff of Co-op Bank is honoured to support with a key cash contribution of Sh100 million, preferably to be allocated towards purchase of critical ventilators,” said Mr Muriuki.

“We appeal to other corporate institutions and Kenyans of goodwill to join hands and support this most worth once-in-a-generation fight,” he added.

Co-op’s cash contribution adds to the expected receipts from individual Kenyans, local corporates, multinational companies and development partners.

Salary cuts made by President Uhuru Kenyatta, his deputy William Ruto and other officials in the executive, Judiciary, parliament and county governments as well as exchequer contributions will also go to this fund.

KENYA CASES RISE

Kenya had confirmed 142 Covid-19 cases by Sunday after 16 more people tested positive.

The Ministry of Health warned that the cases may hit 10,000 by the end of April if social distancing and hygiene measures are not adhered to.

Devki Steel Mills last week pledged to donate Sh100 million worth of oxygen to public hospitals amid the coronavirus pandemic.

The steel company owned by billionaire Narendra Raval, also a member of the Covid-19 Emergency Response Fund, informed the Ministry of Health that the donations will be available for collection from their Mombasa, Athi River and Ruiru plants.

JACK MA DONATION

Kenya has also received 250 ventilators from the World Bank and 20,000 testing kits from Chinese billionaire and co-founder of e-commerce multinational Alibaba, Jack Ma to help contain the pandemic.

The country is facing a shortage of medical supplies and crucial equipment such as ventilators and oxygen cylinders.

Health Cabinet Secretary Mutahi Kagwe warned that hospitals might be overstretched in the coming days should there be a steep increase in infections.

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