Browsing Category
Finance
KCB Uganda Appoints Agnes Mayanja as new Executive Director
KCB Bank Uganda Limited has appointed Agnes Namyalo Mayanja as an Executive Director.
In her role, she will deputize and support the Bank’s Managing Director in the overall strategy…
Safaricom feted Top Taxpayer in Kenya by KRA
Safaricom (NSE: SCOM) on Wednesday was awarded the 2020 top taxpayer in the country under the Large Taxpayers category by the Kenya Revenue Authority (KRA).
The Taxman honoured…
Half of Kenyans unable to pay off loans due to Covid-19 – Survey
The Indebtedness Survey done by Collect Pro shows that borrowers are increasingly under the risk of negative listing in credit reference bureaus, while banks face a deterioration of their…
African Development Bank wins global award for COVID-19 bond issue
The African Development Bank was selected in a poll of bond market players as the best issuer in 2020 of a COVID-19 bond for its $3 billion dollar-denominated Fight COVID-19 social bond…
Jubilee Sells 51pc Stake of Its General Insurance Business to Allianz
Jubilee Holdings Limited (“JHL” or “Jubilee Insurance”), East Africa’s largest insurance group, and Allianz, one of the world's leading insurers and asset managers, have signed an agreement…
Bankers Conference Probes Drivers of Pricing, Credit Mobilization
The Kenya Bankers Association’s 9th Annual Banking Research Conference kicked off today with papers that shared a wide range of insights on how the banking industry’s structure – along with…
Mastercard, Selcom launch app to drive digital transactions in Tanzania
Mastercard and Selcom has announced the launch of the Selcom Mastercard app, an enhanced mobile payment application that enables people to centralize all their payment cards or supported…
StanChart Named Best Consumer Digital Bank in Kenya
Standard Chartered Bank has been named as the best consumer digital bank in Kenya by Global Finance Awards.
The bank also emerged Best Integrated Consumer Bank Site, Best Online Product…
Kenyan youth embace new ventures to survive pandemic
A Standard Chartered survey has shown that Covid-19 is significantly impacting personal finances globally, with one-third (65% in Kenya) already earning less and more than half…
KCB Bank Pays Out Funds to Imperial Bank Depositors
KCB Bank Kenya Limited has commenced payment of funds to remaining eligibledepositors of Imperial Bank Limited (in receivership) (IBLIR) in the current tranche of disbursements.
The…