Ecobank Kenya Strengthens Capital Base With Ksh 3.5 Billion Injection
Ecobank Kenya has bolstered its capital base with a Ksh 3.5 billion (US$ 27 million) injection, bringing its total capital…
Category: Business
Marula Mining Approves Five-Year Budget For Kilifi Manganese Processing Plant
Marula Mining, an African mining and development company, has announced that its Board has approved a five-year budget for the…
Former CMA Chairman Nicholas Nesbitt in Ksh 102 Million Scandal: DPP Decision Looms
Nicholas Alexander Nesbit, once the respected chairman of Kenya’s Capital Markets Authority, now finds himself at the centre of a…
KCB Group Boosts Digital Edge With Riverbank Solutions Deal
KCB Group PLC and Riverbank Solutions Limited have signed a binding agreement that will see KCB acquire up to 75…
KCB Ranked 7th Most Valuable Banking Brand Globally
KCB has been recognized as the 7th most valuable banking brand worldwide, achieving an impressive Brand Strength Index (BSI) score…
Nairobi Hospital Backs AG’s Move as DCI Probes Governance and Finances
Nairobi Hospital has expressed its support for the Attorney General’s (AG) decision to seek court orders allowing the Directorate of…
SGR Workers Begin Intensive Training Programme To Master Railway Operations
In an effort to fast-track the transfer of knowledge and technology to Kenyan railway workers, the Standard Gauge Railway (SGR)…
Posta CEO Faces Staff Backlash Over Unpaid Salaries and Dubious Land Deals
Posta Kenya’s Chief Executive Officer, Mr John Tonui, is once again facing backlash from staff, who accuse him of financial…
KenGen Announces Record Ksh 4.3 Billion Dividend Payout
KenGen has announced a record dividend payout totalling Ksh 4.3 billion to its shareholders. Included in this payout is a…
Hustler Fund Faces Scrutiny As Auditor General Flags Financial Irregularities
The Financial Inclusion Fund, commonly known as the Hustler Fund, has come under intense scrutiny following a damning report by…