BankingFeaturedNCBA Bank develops rationalisation strategy to merge branchesInternational Finance Business DeskJune 9, 2020 by International Finance Business DeskJune 9, 2020 With this decision, NCBA Bank's number of branches in Kenya will reduce to 68... Read more
FeaturedFinanceKenya ranks second in Africa for best pension systems: ReportInternational Finance Business DeskJune 2, 2020June 2, 2020 by International Finance Business DeskJune 2, 2020June 2, 2020 In this context, South Africa is leading the continent and ranks 44 globally... Read more
AviationFeaturedKenya Airways records a 12% increase in revenue for 2019Pritam BordoloiJune 1, 2020 by Pritam BordoloiJune 1, 2020 This is attributed to the expansion of the network, improved passenger, cargo, ancillaries, and other revenue streams... Read more
FeaturedFintechAfrica’s is booming with an increased number of fintechsInternational Finance Business DeskMay 29, 2020May 29, 2020 by International Finance Business DeskMay 29, 2020May 29, 2020 According to the International Monetary Fund, the continent's informal economy is conducive to startups with a pool of unbanked and underbanked population... Read more
FeaturedForexIMF lends $739 mn to Kenya; foreign reserve rises 9%International Finance Business DeskMay 20, 2020May 20, 2020 by International Finance Business DeskMay 20, 2020May 20, 2020 The country's usable foreign exchange reserves increased to $8,532 mn as of May 14... Read more
FeaturedFinanceOkolea International restructures loans for 40,000 clientsInternational Finance Business DeskMay 18, 2020May 19, 2020 by International Finance Business DeskMay 18, 2020May 19, 2020 Clients can receive up to Sh1 mn loans instantly into their banks accounts using the app... Read more
BankingFeaturedEquity Bank launches Sh200 bn to support small firms in KenyaInternational Finance Business DeskMay 11, 2020May 11, 2020 by International Finance Business DeskMay 11, 2020May 11, 2020 The launch is a collaboration between Equity Bank and Kenya National Chamber of Commerce and Industry... Read more
BankingFeaturedKenya issues Sh50 bn bond to provide further supportInternational Finance Business DeskMay 8, 2020May 8, 2020 by International Finance Business DeskMay 8, 2020May 8, 2020 Even the IMF approved $1.23 bn of emergency funding for Kenya and Uganda... Read more
FeaturedHealthcareKenyan healthtech Tibu to decentralise primary outpatient carePritam BordoloiMay 6, 2020 by Pritam BordoloiMay 6, 2020 The startup connects its customers to healthcare workers in real-time... Read more
FeaturedReal EstateKenya real estate sector to drop 10% as the pandemic continuesInternational Finance Business DeskMay 4, 2020 by International Finance Business DeskMay 4, 2020 The country's real estate sector has recorded slow growth in the first quarter of 2020... Read more