Campaign dubbed ‘Nyakua Data Dabo Dabo’ aims at enabling prepay and postpay customers to do more with their data Nairobi, Kenya 15 th February 2022 … Safaricom (NSE: SCOM ) has today unveiled a new data campaign dubbed Nyakua Data Dabo Dabo , which will see customers enjoy 100% bonus data upon attaining their daily […]
Patricia Ithau has been appointed WPP Scangroup CEO/Executive Director effective March 14, 2022. [Courtesy] Patricia Ithau has been appointed as the Chief Executive Officer and Executive Director of WPP Scangroup. Scangroup Chairman Richard Omwela, in a statement seen by The Standard, said Ithau will begin her term on March 14, 2022. “She oversaw the expansion […]
EABL General Managing Director Jane Karuku . [David Gichuru, Standard] East African Breweries Ltd ’s (EABL) net profits more than doubled in the first half of 2021 to a five-year high of Sh8.7 billion. The brewer was boosted by the reopening of entertainment joints following the easing of Covid-19 containment measures. The performance is compared […]
KEY POINTS REITS in layman’s terms means-become a landlord with no headache. Real estate Investment Funds in simple terms are licensed investment vehicle which invests and finances income-generating real estate. Kenyans love for real estate has proven to be a very costly affair. Real estate in Kenya has been traditionally perceived to be acquiring land […]
stanchart sc shilingi fund Lender Standard Chartered Bank Kenya has released SC Shilingi Funds. According to the bank, this is a a low-ticket money markets fund proposition. The project has been completed by Stanchart alongside Sanlam Investments East Africa Ltd (Sanlam). SC Shilingi funds is now baked into the SC Mobile app. Interested customers can […]
A former investment manager with the National Social Security Fund, Francis Moturi, has been found guilty of fraud and slapped with Sh2.6 billion fine or 14 years in prison. Moturi had been convicted for defrauding NSSF Sh1.2 billion through a collapsed stockbroker in 2008. The pensioners fund is said to have lost an estimated Sh5.5 […]
Kenya’s first mortgage refinancing company is selling a 10.5 billion shilling ($93 million) medium term note, whose proceeds will be lent out to commercial banks to increase affordable home ownership, the company said on Friday Nairobi – Kenya’s first mortgage refinancing company is selling a 10.5 billion shilling ($93 million) medium term note, whose proceeds […]
Interior Cabinet Secretary Fred Matiangi in Kisii, 2021. [Sammy Omingo, Standard] The government has classified M-Pesa and the Nairobi Securities Exchange (NSE) as critical infrastructure to protect crucial systems – both in the private and public sectors from cybercrime. In a gazette notice published last week, the Cabinet Secretary for Interior and Co-ordination of National […]
•Equity CEO Mwangi said the ranking of Equity is a strong validation of their twin-engine business model that has positioned Equity as a social banking brand. •“The commitment to the digitisation of our services continues to drive the Group’s growth in both customer satisfaction and as the leader in Kenya’s global financial sector," he said. […]
Marketing and communication firm WPP Scangroup has appointed Patricia Ithau as the chief executive officer. She takes over from Bharat Thakrar who resigned in March last year to pave the wave for investigations into his alleged misconduct. The Nairobi Securities Exchange-listed firm, however, closed the case against Thakrar and former chief finance officer Satyabrata Das […]
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