Banking and FinanceFeaturedOrient Commercial Bank digitises financial services for enhanced customer experienceInternational Finance Business DeskAugust 17, 2020August 18, 2020 by International Finance Business DeskAugust 17, 2020August 18, 2020 The bank is streamlining its products and services from traditional channels to online channels... Read more
FeaturedTelecomUK telecom watchdog seeks to put a cap on termination rateInternational Finance Business DeskAugust 17, 2020 by International Finance Business DeskAugust 17, 2020 The pandemic has seriously affected 21 percent of telecoms and IT startups in the country... Read more
FeaturedReal EstateMizizi Africa Homes optimistic about Kenya’s real estateInternational Finance Business DeskAugust 17, 2020 by International Finance Business DeskAugust 17, 2020 The phased re-opening of the economy has allowed the developer to increase activities over the next quarter... Read more
EnergyFeaturedWind power increases UK’s renewable generation by 30% in Q1International Finance Business DeskAugust 14, 2020 by International Finance Business DeskAugust 14, 2020 The country’s renewable energy capacity was 47.4 GW at the end of the first quarter of the year... Read more
Banking and FinanceFeaturedCo-op Bank restructures loans worth Sh39.2 bn to support distressed clientsInternational Finance Business DeskAugust 14, 2020 by International Finance Business DeskAugust 14, 2020 The revenue streams of several businesses have been severely impacted by the protracted pandemic... Read more
Banking and FinanceFeaturedKepsa, Mastercard Foundation to loan to 400 MSMEsInternational Finance Business DeskAugust 14, 2020 by International Finance Business DeskAugust 14, 2020 Both organisations have established a fund which will provide financial aid to MSMEs largely affected by the pandemic... Read more
BankingFeaturedDTB Kenya to receive Sh5.4 bn loan from IFCInternational Finance Business DeskAugust 13, 2020 by International Finance Business DeskAugust 13, 2020 The loan will help the bank to finance SMEs that are largely affected by the protracted pandemic... Read more
AviationFeaturedKenya Airways plans to layoff 590 jobs in second phaseInternational Finance Business DeskAugust 13, 2020 by International Finance Business DeskAugust 13, 2020 Last month, it eliminated 700 staff members as part of the first phase of the exercise... Read more
BankingFeaturedCiti’s new five-year strategy to finance climate solutionsInternational Finance Business DeskAugust 13, 2020 by International Finance Business DeskAugust 13, 2020 The 2025 Sustainable Progress Strategy also comprises a $250 billion Environmental Finance Goal... Read more
FeaturedTechnologyTachyum’s new demo processor faster than Intel, NVIDIA chipsInternational Finance Business DeskAugust 12, 2020 by International Finance Business DeskAugust 12, 2020 The company has demonstrated how its computational operation and speed of its product design is a superior solution... Read more