Images of the eight suspects who have been jailed for eight years in Rwanda for cybercrime related offences. PIC: COURTESY Eight Kenyans who were among twelve people arrested in Rwanda for attempting to hack into Equity Bank, Rwanda clients’ accounts have been jailed. The eight, according to the Rwanda Investigative Bureau (RIB) were found guilty […]
Tag: XNAI_SGL
Standard Group’s turnaround strategy now begins to bear fruit
(From left) PWC auditor Brian Ngunjiri, SG Secretary Millicent Ng’etich, Group CEO Orlando Lyomu, Vice-Chair Dr. Julius Kipngetich, and CFO Joseph Kiruri during virtual AGM at the Standard Group offices in Nairobi on June 22, 2021. [Denish Ochieng, Standard] The Standard Group Plc’s medium-term strategy dubbed Project Eagle has started bearing fruit, with the company’s […]
Kenya: Corporates Plunge Into Losses in Excess of Sh60 Billion
It was a terrible last week for chief executive officers of listed companies some having to pose before cameras to reveal losses in billions of shillings offering a glimpse into the gravity of Covid-19 on corporate Kenya. As companies rushed to beat the April 30 reporting deadline, it emerged that corporate Kenya has booked losses […]
Advertising spend dropped by Sh32 bn in 2020 – survey
Reelanalytics senior researcher Enock Mokaya (left) and Marketing Society of Kenya CEO Edward Oswe during the launch of the 2020 Advertising Spends Report. Advertising expenditure dropped by Sh31.8 billion in 2020 as coronavirus muted revenues for firms, forcing them to slash operating expenses. The 2020 Advertising Spends report by Reelanalytics and Marketing Society of Kenya […]
Unga Group Kicks Of The Week As Top Gainer Of The Day
KEY POINTS Top gainers of the day; Unga Group, Total Kenya, Crown Paints Kenya, Uchumi Supermarkets, and Umeme. Top losers were Trans-Century, Standard Group, Longhorn Publishers, Centum, and Carbacid. As the month of January snails to an end, Unga Group kicked off this week as the top gainer of the day with 8.29 percent at […]
Unga Group Kicks Of The Week As Top Gainer Of The Day
KEY POINTS Top gainers of the day; Unga Group, Total Kenya, Crown Paints Kenya, Uchumi Supermarkets, and Umeme. Top losers were Trans-Century, Standard Group, Longhorn Publishers, Centum, and Carbacid. As the month of January snails to an end, Unga Group kicked off this week as the top gainer of the day with 8.29 percent at […]
Efficacy of canakinumab in mild or severe COVID‐19 pneumonia
Abstract Clinicians all around the world are currently experiencing a pandemic caused by severe acute respiratory syndrome coronavirus 2 (SARS‐CoV‐2). Several therapeutic strategies have been used until now but, to date, there is no specific therapy to treat SARS‐CoV‐2 infection. In this study, we used canakinumab, a human monoclonal antibody targeting interleukin‐1 beta to improve […]
HESTA raises group insurance premiums
Superannuation fund HESTA has announced that it will increase its standard group insurance premiums for the second time in a year, effective March 01. HESTA’s standard insurance cover, which eligible members receive automatically upon signing up unless they make a decision to opt out, includes two units of income protection (IP) and death cover but […]
HESTA hikes group insurance premiums again
For the second time in a year, the $52 billion superannuation fund is increasing the total cost of its standard group insurance cover for members. HESTA’s standard insurance cover — which eligible members automatically receive upon signing up unless they make a choice — includes two units of the income protection (IP) and two units […]
Building plan approvals drop in subdued property market
Ongoing works at the Business Transformation Project that will entail convergence of all Standard Group newsroom operations across all platforms. It will involve the convergence of the commercial functions, the creation of a new organisational structure to reflect the new functions, processes and roles, change of titles, and appropriate alignment of support departments. Picture taken […]
