Four companies, including cement maker East African Portland Cement have announced nearly 1,700 job cuts in just about three weeks, shinning a spotlight on the worsening unemployment crisis in the country. FILE PHOTO | NMG Four companies have announced nearly 1,700 job cuts in just about three weeks, shinning a spotlight on the worsening unemployment […]
Tag: barclays bank of kenya
Who Owns Kenyan Banks?
Banking in Kenya dates back to the pre-colonial periods. The first banks largely concentrated on financing international trade along the Europe-South Africa–India axis, but later diversified operations to tap the opportunities for profitable banking created by a growing farming settler community and pioneer traders in the local economy to whom they provided deposit and credit […]
Finance Barclays Bank of Kenya half year profit grows by 6.2 per cent to hit $376 million
Barclays Bank of Kenya half year profit hits Sh3.76 billion. (sapeople) Barclays Bank of Kenya half year’s after-tax profit rose by 6.2 per cent on the back of increased lending to government and lower costs. The bank’s net profit for the period ended 30th June 2018 was Sh3.76 billion, a growth of 6.2 per cent […]
Theresa May faces new Kenya in maiden visit 38 years on
President Uhuru Kenyatta (left) with United Kingdom Prime Minister, Theresa May at 10 Downing street in London, last year. PHOTO | FILE | AFP In Kenya, Mrs May will meet President Uhuru Kenyatta before visiting British troops and a business school. Theresa May will bring a trade delegation with her on a chartered Royal Air […]
Kenya: Theresa May Faces New Kenya in Maiden Visit 38 Years On
The last time a British Prime Minister visited Kenya, Land Rover was the official government car, East African Industries (now Unilever) was market leader and most Kenyans banked at Barclays. Today, unlike her predecessor the late Margaret Thatcher, UK Prime Minister Theresa May faces a very changed Nairobi as she kicks off her maiden official […]
Theresa May faces new Kenya in maiden visit 38 years on
President Uhuru Kenyatta (left) with United Kingdom Prime Minister, Theresa May at 10 Downing street in London, last year. PHOTO | FILE | AFP Theresa May will bring a trade delegation with her on a chartered Royal Air Force Voyager in an attempt to boost Britain’s post-Brexit export prospects. The Kenya National Bureau of Statistics […]
