Friday , 28 April 2017

Category: Banking

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Kenyan diaspora sent USD161m in 2016

Kenyan diaspora sent USD161m in 2016

Latest data by WorldRemit released this week has shown that the Kenyan diaspora is the biggest sender of digital remittances to mobile accounts. Transfers to mobile money accounts ...

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EIB signs Sh10.45b support for East African entrepreneurs

EIB signs Sh10.45b support for East African entrepreneurs

The European Investment Bank has signed two new credit lines for East-Africa for a total of EUR 95 million (Kshs 10.45 billion) to be made available through Equity Bank and HFC Li ...

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Britam Holdings swings to full-year profit, recommends 581.5m dividend payout

Britam Holdings swings to full-year profit, recommends 581.5m dividend payout

Diversified financial services group, Britam Holdings Monday posted a profit before tax Sh 4.2 billion for the full year 2016 compared to a loss before tax of Sh 1.2 billion it re ...

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Islamic lender woo Women Owned Businesses in new plan

Islamic lender woo Women Owned Businesses in new plan

GAB has a women specific program called ‘Annisaa’ which is embedded in three pillars – Empower, Educate and Protect that which matters to women most. Annisaa offers unique and inn ...

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NIC Bank supports 50 needy but bright students

NIC Bank supports 50 needy but bright students

NIC Bank has partnered with several charitable organisations over the years to support under privileged children gain quality education. This is in line with the Bank’s citizenshi ...

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Nairobi: Kenyan Sacco target counties with five new outlets

Nairobi: Kenyan Sacco target counties with five new outlets

Kenyan micro-credit firm, Unaitas Sacco Thursday announced plans to open at least five new branches this financial year as part of the financial services firm’s expansion strategy ...

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Telkom Kenya slashes call rates on its Holla bundles

Telkom Kenya slashes call rates on its Holla bundles

Holla is a round-the-clock daily bundled tariff for Mobile pre-paid customers; Holla Plus and Holla Premium bundle customers to enjoy the lowest call rate of KSh.1.80 across netwo ...

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Nairobi: Kenyan Governors challenged to grow own revenue sources

Nairobi: Kenyan Governors challenged to grow own revenue sources

The Commission for Revenue Allocation (CRA) and the Office of the Controller of Budget (OCB) have challenged county governments to adopt income enhancement training for staff to g ...

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MPESA transactions soar to Sh5.2trillion as it marks 10 years

MPESA transactions soar to Sh5.2trillion as it marks 10 years

Safaricom’s mobile money transfer service, MPESA has soared to Sh5.2trillion as of March 2016 – the highest deal value since March 2007 when it handled Sh10.3million. As of the en ...

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Kigali: Continental hotel and aviation conference returns to Rwanda

Kigali: Continental hotel and aviation conference returns to Rwanda

Following last year’s hugely successful event and Rwanda enormous efforts to establish its self as a MICE hub in the region, it has been announced that the influential Africa Hote ...

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