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- Firms lost KSh 2.95 billion to cons in 2018 up from KSh 2.1 billion stolen in 2017 - Banks, Sacco's and insurance firms were among the hardest hit by internet theft - This was blamed on weak frameworks firms are putting to ward off cyber
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- Firms lost KSh 2.95 billion to cons in 2018 up from KSh 2.1 billion lost in 2017 - Banks, Sacco's and insurance firms are among the hardest hit by internet theft - This has been blamed on weak frameworks firms are putting to ward off
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Postbank is primarily focused on the mobilization of savings for Kenyan citizens with the aim of achieving national development. Individuals and groups can make deposits to their accounts even through their mobile phones and access a couple of services. Also, the financial institution leverages on technology to ensure they deliver
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By BERNARD BUSUULWA More by this Author While commodity value chain apps are credited with increased efficiency and stronger quality controls, their role in boosting access to credit among small farmers remains unclear despite the farm output data they generate. Experts agree that commodity trade management solutions not only assist
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By BERNARD BUSUULWA More by this Author While commodity value chain apps are credited with increased efficiency and stronger quality controls, their role in boosting access to credit among small farmers remains unclear despite the farm output data they generate. Experts agree that commodity trade management solutions not only assist
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Kenya’s biggest bank by assets awards its chief executive with a 6.6 percent raise in salary and allowances Source link
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Everything is going digital. It is difficult to imagine how we ever survived without mobile money or Google Maps. And rapidly joining the digital age is spatial information. “Spatial information is basically data that identifies the geographical location of features or boundaries. In our case, we take this data, splice
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The Competition Authority of Kenya approved has a proposed merger between Commercial Bank of Africa (CBA) and NIC Group, the regulator said in a statement. It said the approval was on the condition that no employees would be made redundant in the merged unit within 12 months of the deal’
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The Competition Authority of Kenya approved has a proposed merger between Commercial Bank of Africa (CBA) and NIC Group, the regulator said in a statement. It said the approval was on the condition that no employees would be made redundant in the merged unit within 12 months of the deal’
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Economy Treasury kick-starts Civil Service car loan fund after 5-year wait Tuesday, May 14, 2019 20:43 By OUMA WANZALA The Treasury has kick-started the public servants’ car loan scheme that has been lying idle at the Central Bank of Kenya (CBK) for five years. It issued a notice on
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Companies KCB invests Sh905m in Tanzania, Rwanda units Tuesday, May 14, 2019 20:33 By PATRICK ALUSHULA KCB Group #ticker:KCB has invested an additional Sh905 million in its Tanzania and Rwanda units to shore up their capital and position them for more growth. The lender provided Sh519 million to
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Insufficient financial linkages is a constrain to the deepening of trade between Kenyan traders and their Chinese counterparts. Local commercial banks are now being urged to develop tailor-made financial products that will ensure small and medium enterprises access affordable credit to assist in accessing the lucrative Chinese market. Trade volume