President Uhuru Kenyatta sees off visiting President of the Democratic Republic of the Congo Felix Tshisekedi, at JKIA, Nairobi. The Democratic Republic of Congo has officially joined the East African Community (EAC) today adding its more than 90 million market population to the regional trading bloc. The populous Central African country was today admitted as […]
DPO Group has appointed Frank Anwelle as Country Manager for Ghana. In a statement, the company said Frank will provide overall leadership to the DPO team in Ghana by growing the organisation’s market share, ensuring total revenue growth and managing all operations. He will also facilitate their Merchant Acquisition, Account Management and Superior Service delivery […]
Equity Bank’s Chief Executive Officer James Mwangi addresses investors at the Equity Bank headquarters in the Upper Hill district of Nairobi, Kenya November 12, 2019. REUTERS/Njeri Mwangi NAIROBI, March 22 (Reuters) – Equity Group (EQTY.NR) , Kenya’s biggest lender by assets, expects to boost its loan book this year as it shifts from government securities, […]
The Central Bank of Kenya has retained the base lending rate at seven per cent, an average that now runs into its second year. The bank’s Monetary Policy Committee (MPC) met on Tuesday, against a backdrop of a changed global outlook with heightened geopolitical tensions, volatile commodity prices and the Covid-19 pandemic and measures taken […]
A worker walks past an outlet of South Africa’s MTN Group in Johannesburg, South Africa, February 23, 2016. REUTERS/Siphiwe Sibeko/File Photo The market cap of the Top 30 companies for January 2022 was US$116bn, up 4.7% in December. BUA Foods (Nigeria) and Access Bank (Nigeria) are new entrants in the Top 30, replacing Jumia Technologies […]
Telecommunication firms Safaricom #ticker:SCOM and Airtel are among the most loved brands by women in Kenya, a new survey shows. The survey by IPSOS, which interviewed 13 million women from across the country, places Safaricom’s M-Pesa at number two indicating how the money transfer platform has become entrenched in the country. The study placed Equity […]
The families of Jomo Kenyatta, former Central Bank of Kenya Governor Philip Ndegwa and Equity Group chief executive James Mwangi will pocket Sh1.62 billion in the wake of record banking profits that have delivered outsize shareholder payouts. The Kenyattas lead the pack with a payout of Sh652.5 million from their 13.2 percent stake in NCBA […]
Equity Group CEO James Mwangi during the announcement of financial results for 2021 in Nairobi on March 22, 2022. PHOTO | DIANA NGILA | NMG Kenya’s biggest bank Equity Group nearly doubled its net profit for the year ended December 31, 2021, on account of a more than fivefold reduction in loan loss provisions and […]
Arimis milking jelly on shelves in a supermarket. A survey has revealed brands that Women in Kenya value and love most. Among the top 30 brands named, Kenyan women indicated that they valued milking jelly brand Arimis and second-hand clothes popularly known as mtumba . Other most loved brands include Safaricom, M – Pesa, Equity […]
(file photo). Nairobi — Safaricom and M-PESA emerged as the top two brands most loved by women in the latest ranking of the Top Most loved Brands by Women in Kenya. The survey that was carried out by market research firm IPSOS and Branding advisory consultancy BSD Group noted that Airtel as the third brand […]
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