NAIROBI, May 6 (Reuters) – Standard Chartered Bank Kenya has adjusted the terms of more than 8 billion shillings ($75.4 million) of its loans to individuals and businesses – about 6% of the total – to help them weather the impact of COVID-19, it said on Wednesday. Lenders in the East African nation have so […]
A Standard Chartered bank branch in Nairobi. FILE PHOTO | NMG Standard Chartered Bank Kenya will on Friday close eight branches due to Covid-19, which has reduced business activities on extended state restrictions on mass gathering. The bank has informed its customers that Koinange, Harambee Avenue, T-Mall, Two Rivers, Ruaraka/Garden City, Upper Hill, Jomo Kenyatta […]
EABL plant at Ruaraka in Nairobi. Parent company Diageo plans to retrench more than 100 employees. FILE PHOTO | NMG London-based brewer Diageo, the parent company of East African Breweries (EABL), is set to retrench more than 100 employees working at its business support centre in Nairobi, marking one of the latest large-scale layoffs in […]
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 […]
EABL plant at Ruaraka in Nairobi. Parent company Diageo plans to retrench more than 100 employees. FILE PHOTO | NMG London-based brewer Diageo, the parent company of East African Breweries (EABL) #ticker:EABL, is set to retrench more than 100 employees working at its business support centre in Nairobi, marking one of the latest large-scale layoffs […]
London-based brewer Diageo, the parent company of East African Breweries (EABL), is set to retrench more than 100 employees working at its business support centre in Nairobi, marking one of the latest large-scale layoffs in corporate Kenya. The Diageo Africa Business Service Centre (ABSC), the only shared service centre in Africa and one of five […]
EABL plant at Ruaraka in Kenya’s capital Nairobi. The firm’s parent company Diageo plans to retrench more than 100 employees in Kenya. PHOTO | FILE | NATION MEDIA GROUP The Diageo Africa Business Service Centre (ABSC), the only shared service centre in Africa and one of five globally, will be shutting down and its role […]
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