Friday , 28 April 2017

Category: Banking

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AAR Insurance profits dip on high healthcare cost

AAR Insurance profits dip on high healthcare cost

The spiraling cost of healthcare in Kenya has seen AAR Insurance net profit for 2016 fall 23 percent to Ksh218 million despite posting 48 percent growth in gross written premiums. ...

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Sage unveils online payroll service for startups

Sage unveils online payroll service for startups

Integrated accounting, payroll & HR and payment Systems Company, Sage, Tuesday launched a cloud payroll solution targeted at start-ups and small businesses. Sage One Payroll i ...

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Switch to low-risk strategy to yield higher savings, Kenyans urged

Switch to low-risk strategy to yield higher savings, Kenyans urged

Emerging affluent consumers in Kenya could boost their savings by an average of 42 per cent if they move from a basic savings approach to a low-risk wealth management strategy, a ...

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Equity Bank rated Kenya’s most socially devoted financial Brand

Equity Bank rated Kenya’s most socially devoted financial Brand

Equity Bank has been recognized as the world’s 5th most socially devoted financial brand and the best in Kenya. This is according to the latest Q4 2016 rankings released by Social ...

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AfDB welcomes Zambia, Ghana in its Bond Index

AfDB welcomes Zambia, Ghana in its Bond Index

Zambia and Ghana join index family bringing transparency to the most liquid African bond markets The African Development Bank (AfDB) through the African Financial Markets Initiati ...

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KQ signs marketing pact with Seychelles

KQ signs marketing pact with Seychelles

Kenya Airways has signed a Memorandum of Understanding (MOU) with the Seychelles Tourism Board (STB) to promote tourism and boost intra Africa traffic to one of the world most pop ...

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JO’BURG: Uber, Old Mutual devise incentive-driven course for drivers

JO’BURG: Uber, Old Mutual devise incentive-driven course for drivers

Uber and Old Mutual have announced that they will be extending its free money management course that took place in South Africa to its driver-partners in Accra, (Ghana), Lagos (Ni ...

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Unaitas posts Kes268m in net profits

Unaitas posts Kes268m in net profits

Unaitas Sacco has defied a tough economic environment to record a Sh267.8 million profit for the 2016 financial year. Unaitas posted the profits, attributed to a cautious approach ...

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Kenya’s Islamic bonds plan gets a shot in the arm

Kenya’s Islamic bonds plan gets a shot in the arm

The market for Islamic bonds or Sukuk last week received a major boost when Treasury CS Henry Rotich indicated plans to debut issuance of Sukuk in the 2017/18 budget. Rotich said ...

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Kenyan government halts hiring to trim wage bill

Kenyan government halts hiring to trim wage bill

The treasury has put breaks on employment of public servants with approval of recommendations by Salaries and Remuneration Commission (SRC) on proposed salary cuts to holders of s ...

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