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By JAMES KARIUKI More by this Author Six Kenyan-headquartered lenders will battle for continental awards in a competition hosted by quarterly banking and finance magazine, the African Banker. Equity Group, Trade and Development Bank (TDK), KCB Group, Ecobank and Family Bank as well as fintech operator 4G Capital were among
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Companies HF Group borrows Sh1.9 billion at 18pc Sunday, May 19, 2019 21:00 By CHARLES MWANIKI Mortgage financier HF Group #ticker:HFCK is servicing two loans worth Sh1.95 billion at a rate of more than 18 percent while lending at 10.72 percent, underlining the company’s
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Family Bank has invested Ksh1.5 million to aid Sosiani Primary School. The school is the only one in the larger Rift Valley region that offers special needs education to autistic pupils. The investments through its Family Group Foundation have seen the school benefit from equipment and refurbishment of two
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KCB RFC have been crowned the 2019 Kenya Cup champions after edging out Kabras 23-15 at their home turf at Kakamega showground’s on Saturday. KCB Group Director Customer Experience Mr. Job Njiru who is also the Rugby Patron lauded the team for the massive win thanking God for the
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Small and Medium-sized Enterprises (SMEs) in the country are set to benefit from a partnership in which NIC Bank Kenya signed a Loan Portfolio Guarantee agreement amounting to KES 515,900,000 with the African Guarantee Fund The partnership aims to unlock financing intended to facilitate the promotion, growth and
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Companies KCB, NBK merger to create Sh1 trillion bank Friday, May 17, 2019 10:15 By BRIAN NGUGIBy PATRICK ALUSHULA The planned merger between Kenya’s biggest lender by assets, KCB Group, #ticker:KCB and the State-owned National Bank of Kenya (NBK) #ticker:NBK is set to create a giant
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Telecommunication company Safaricom has restored M-pesa services after an outage that occurred at around 6:05pm on Thursday, May 16. The unexpected outage caused uproar from Kenyans who slammed the company for the hitch, compelling it to apologise shortly after restoring the service. READ ALSO: Government directs farmers to pay
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Telecommunication company Safaricom has restored M-pesa services after an outage that occurred at around 6:05pm on Thursday, May 16. The unexpected outage caused uproar from Kenyans who slammed the company for the hitch, compelling it to apologise shortly after restoring the service. READ ALSO: Government directs farmers to pay
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A Murang’a county man who wowed Kenyans by carving a road through a hill to save villagers the agony of using a long route was overjoyed when he met ABC Bank top management on Thursday, May 15. Following the discussion, Muchemi Kamau will now be the proud owner of
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A Murang’a county man who wowed Kenyans by carving a road through a hill to save villagers the agony of using a long route was overjoyed when he met ABC Bank top management on Thursday, May 15. Following the discussion, Muchemi Kamau will now be the proud owner of
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The Kenya Union of Savings and Credit Co-operatives KUSSCO has added insurance services to its business portfolio as it seeks to diversify income streams. Chief Executive Officer George Ototo says the KUSCCO Mutual Assurance targets middle and lower income earners and Sacco members as it seeks to claim a stake
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By BBC More by this Author The head of the African Development Bank (AfDB) has heaped praise on Tanzania's President John Magufuli after the country posted annual economic growth figures of 7%. AfDB President Akinwumi Adesina, who was visiting the head of state on Wednesday in Dar es