Kenya and DR Congo on Friday signed a bilateral agreement on cooperation in agriculture, livestock and fisheries sectors. This was immediately after the vast mineral rich new EAC member signed the treaty of accession into the regional bloc. The objectives of the agreement include promoting increased agricultural productivity in Kenya and DR Congo, encouraging joint […]
Tag: XUGA_KCB
M-Shwari savings surpass Sh32b mark amid borrowing frenzy
Treasury CAS Nelson Gaichuhie (left) and NCBA Group Director John Gachora during the launch of the NCBA Economic Outlook Report 2020. Customers have saved Sh32 billion on NCBA mobile account, M-Shwari , and used it to borrow nearly three times the amount. NCBA Group Managing Director Mr John Gachora says the amount was in the […]
M-Pesa eyes high-value loans offering after Safaricom split
Mpesa agent shop serving a customer in Nairobi on November 16, 2020 Safaricom wants M-Pesa to start issuing high-value lending such as car loans if the proposal to split the mobile money platform from the telecommunication business is passed. The telco says separation will leave Safaricom under the Communications Authority of Kenya (CA) while M-Pesa […]
Safaricom, Equity, KQ top LinkedIn list of Leading Companies in Kenya
The leading telecommunications company, Safaricom , has been ranked top in the 2022 List of Top Companies in Kenya. Equity Bank and Kenya Airways come in second and third, with KCB Group coming in fourth. This is the first of what’s expected to be an annual ranking, and will be running alongside similar lists of […]
Foreigners sell Sh1.5bn stocks in first quarter on geopolitical jitters
Nairobi Securities Exchange (NSE) on the trading floor at the Exchange building in Nairobi on August 26, 2020. PHOTO | SALATON NJAU | NMG Foreign investor outflows at the Nairobi Securities Exchange (NSE) have surged 60.7 percent in the three months to March, reflecting the impact of ongoing geopolitical tensions. Data show the bourse has […]
Jubilee sets eyes on new markets in Ethiopia and DRC
Jubilee Holdings Chairman Nizar Juma. [David Gichuru, Standard] Jubilee Holdings has made inquiries about the possibility of expanding its underwriting business to Ethiopia and the Democratic Republic of Congo (DRC) . Jubilee Holdings Chairman Nizar Juma said last Thursday that the insurer is open to acquiring an insurer in Ethiopia and setting up a greenfield […]
M-Pesa eyes high-value loans offering after Safaricom split
Mpesa agent shop serving a customer in Nairobi on November 16, 2020 Safaricom wants M-Pesa to start issuing high-value lending such as car loans if the proposal to split the mobile money platform from the telecommunication business is passed. The telco says separation will leave Safaricom under the Communications Authority of Kenya (CA) while M-Pesa […]
Kenyan banks make losses in South Sudan and why they stay on
Customers in a KCB banking hall in South Sudan capital, Juba. The lender cut its presence in the war-torn State. FILE PHOTO | NMG KCB started operations in the country in 2006, Equity in 2009 and Co-operative Bank was the latest entrant in 2013. In 2014, KCB shut three branches in South Sudan after the […]
Safaricom, Equity, KQ top LinkedIn list of Leading Companies in Kenya
The leading telecommunications company, Safaricom , has been ranked top in the 2022 List of Top Companies in Kenya. Equity Bank and Kenya Airways come in second and third, with KCB Group coming in fourth. This is the first of what’s expected to be an annual ranking, and will be running alongside similar lists of […]
M-Pesa eyes high-value loans offering after Safaricom split
Mpesa agent shop serving a customer in Nairobi on November 16, 2020 Safaricom wants M-Pesa to start issuing high-value lending such as car loans if the proposal to split the mobile money platform from the telecommunication business is passed. The telco says separation will leave Safaricom under the Communications Authority of Kenya (CA) while M-Pesa […]