P1 graduates at risk as TSC shifts focus to secondary schools
[ad_1] P1 graduates are staring down at joblessness. This is after the Teachers Service Commission shifted its focus to hiring of secondary…
Business
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Saccos demand Sh4.3b unremitted deductions
[ad_1] Delegates follow a session during Kenya Union of Savings and Credit Co-operatives limited’s (KUSCCO Ltd) 6th Annual Sacco Leaders Co…
Jubilee Allianz Insurance appoints Adja Samb as new CEO
[ad_1] Jubilee Allianz General Insurance Limited, Kenya, has appointed Adja Samb as the new Chief Executive Officer, effective July 1st, 20…
Which of tomorrow’s jobs are you most qualified for?
[ad_1] The global labour market will experience rapid change over the next decade. The reason: more jobs becoming automated as technologies…
Xiaomi Ventures into Electric Vehicles, Invests $10 Billion
[ad_1] Chinese smartphone maker, Xiaomi, has announced its venture into the electric car business, initially investing $1.52 billion in the…
Global Markets; Wall Street, Paypal Crypto, WhatsApp in Brazil, Tesla & Amazon News
[ad_1] Wall Street Major indices on Wall Street closed lower on Tuesday as the markets await President Joe Biden’s Wednesday reveal of his …
I&M Holdings Proposes Dividend & Bonus Issue as Profit Falls by 21%
[ad_1] I&M holdings has posted a 21% drop in net profit for the year ended 31st December 2020. The bank’s profit after tax decreased to KSh…
Why break your pretty nails doing laundry yet you can dial for help!
[ad_1] Entrepreneurs who aren’t afraid to get their hands dirty are minting cash from this hands-off approach on household chores. [Courtes…
Kenya Rating at ‘B+’ negative outlook, says Fitch
[ad_1] Fitch Ratings has affirmed Kenya Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘B+’ with a Negative Outlook.
Introducing The Top 10 Women Shaping the Region’s Banking and Finance Sector
[ad_1] Register here for Angaza Awards Top 10 Women to Watch in Banking and Finance East Africa Zoom Event on Tuesday 8th of June 2021!!
HF Group Net Loss Widens to KSh1.7 Billion
[ad_1] The mortgage finance bank HF Group reported a KSh1.7 billion net loss for the year 2020, from KSh110 million net loss in 2019. The b…
KPLC Power Purchase Agreements to be reviewed by team
[ad_1] Kenya Power and Lighting Company (KPLC) will have all its Power Purchase Agreements (PPAs) reviewed by a team appointed by President…
Uganda’s Tugende Raises $3.6 Million in Series A Funding
[ad_1] Ugandan Tugende, a technology-enabled asset finance company, has raised $3.6 million equity financing in its Series A round of fundi…
US Stocks End First Quarter With Strong Performance
[ad_1] Major indices in the US stock market on Wednesday ended the first quarter of 2021 higher amid rally in the stocks of Apple, Amazon, …
Mastercard appoints Victor Ndlovu as Director, Country Business Development Lead, East Africa
[ad_1] NAIROBI, Kenya, May 29 – Mastercard has announced the appointment of Victor Ndlovu as Director, Country Business Development Lead, E…
Glovo Secures €450M in Series F funding
[ad_1] Delivery app Glovo has announced that it has raised €450M in its Series F funding round led by New York-based investment managers Lu…
Kenya’s Inflation Rises to Ten-Month High
[ad_1] Kenya’s annual inflation rose to 5.9% in March, the highest rate in 10 months, from 5.8% in February. The inflation rate maintained …
Sidian Group Net Earnings drop 84.7% to KSh 18.8 Million
[ad_1] Sidian Group Net Profit declined to KSh 18.775 Million at the close of the financial period ended 31st December 2020. This is agains…
Banks Resume Charges for Transactions Above Ksh 100 through Inhouse Mobile Money Wallets
[ad_1] Today, the Central bank of Kenya announced the resumption of charges for transactions above Ksh 100 effected through inhouse bank wa…
CMA fines Real People Kenya Limited directors
[ad_1] The Capital Markets Authority (CMA) has taken enforcement action against former and current directors of Real People Kenya Limited (…
Mastercard Invests $100 Million into Airtel Mobile Commerce BV, Airtel’s Mobile Money Business
[ad_1] Airtel Africa and Mastercard have signed an agreement in which the global payments provider will invest $100 million in Airtel Mobil…
Total Kenya’s Profit Soars 30% to KSh 3.3 Billion
[ad_1] Total Kenya’s net profit for the year 2020 rose by 30% to KSh3.3 billion from KSh2.5 billion in 2019, despite a turbulent year.
Salary Kanze Dena earns as State House spokesperson
[ad_1] Kanze Dena Salary: Not too many people would have expected Kanze Dena to leave her prime time job at Royal Media Services’ Citizen T…
CBK accepts KSh 20.6 Billion at weekly t-bills auction
[ad_1] The Central Bank of Kenya accepted KSh 20.6 Billion out of bids worth KSh 36.6 Billion at the weekly Treasury Bills auction, a perfo…
How I made my hundreds of millions before becoming CS
[ad_1] Prof. George Magoha Net Worth: President Uhuru Kenyatta’s cabinet is dominated by millionaires.
AfDB grants Tanzania $140m loan for hydropower project
[ad_1] By ANTHONY KITIMO Tanzania on Friday signed loan agreements with the African Development Bank Group (AfDB) totalling $140 million to…
40 Junior Tech Professionals graduate from the Digital Apprentice Program
[ad_1] NAIROBI, Kenya, May 28 – Over 40 Junior Tech Professionals (JTP) graduated from the Digital Apprentice Program that saw them get equ…
HF Group Reports KSh191 Million Net Loss in Q1 2021
[ad_1] HF Group has posted a KSh191 million net loss in the first quarter of 2021, a decline from the KSh633,000 net loss reported in the f…
KCB acquires two banks in Rwanda, Tanzania
[ad_1] KCB BPR BancABC Acquisition: KCB Group is now set to buyout two banks in Rwanda and Tanzania.
Family Bank Group net earnings hit KSh 510.2 Million
[ad_1] Family Bank Group posted net earnings of KSh 510.2 Million in Q1 2021 compared to KSh 297.9 Million in Q1, 2020, an increase of 71.2…