Category: Finance

THE STATE OF KENYAN ECONOMY

2023 Money March Report Findings Describing the State of the Kenyan Economy By Trepher Leslie and Garvin Patrick Tala, a digital lending firm, has released the findings of the state of the Kenyan economy from a survey it conducted between…

HAND IN HAND ENTREPRENEUR PROGRAMME TRAINING BOOSTS WOMEN FINANCIALLY

Hand In Hand Entrepreneur Training Programme Boosts Women’s Financial Resilience In Nairobi’s Informal Settlements By Mary Kibe Hand in Hand’s Kenya Micro-Enterprise Success (KMES) programme funded by Visa has resulted in participating entrepreneurs increasing their incomes by an average USD…

FAMILY BANK SCOOPS SECOND OVERALL POSITION IN KBA’S CUSTOMER SATISFACTION SURVEY

FAMILY BANK SCOOPS SECOND OVERALL POSITION IN KBA’S CUSTOMER SATISFACTION SURVEY By Grace Wangari Family Bank has been voted as the overall second-best bank and best tier two bank in customer responsiveness and digital banking experience in a survey conducted…

CO-OP BANK VOTED BY CUSTOMERS AS THE BEST IN CUSTOMER SERVICE

CO-OP BANK VOTED BY CUSTOMERS AS THE BEST IN CUSTOMER SERVICE By Correspondent The Co-operative Bank of Kenya has emerged as the Overall Winner of the Customer Satisfaction Survey conducted by the Kenya Bankers’ Association (KBA). The survey was conducted…

NORFUND AND ETHOS MEZZANINE PARTNERS SUPPORT JOB CREATION THROUGH INVESTING IN KENYAN APPAREL PRODUCTION

Norfund and Ethos Mezzanine Partners support job creation through investing in Kenyan apparel production By Donald Kogai Norfund (the Norwegian development finance institution) and Ethos Mezzanine Partners 3 (a closed-ended specialist credit fund), aim to support the creation of 6,000…

SAFARICOM INVESTMENT CO-OPERATIVE SOCIETY APPROVES 176.9M DIVIDEND FOLLOWING 37% GROWTH IN 2022 PERFORMANCE

SAFARICOM INVESTMENT CO-OPERATIVE SOCIETY APPROVES KES 176.9 MILLION DIVIDEND FOLLOWING 37% GROWTH IN 2022 PERFORMANCE By Vera Shawiza Safaricom Investment Co-operative shareholders have approved a KES 176.9 million dividend payout at the 14th Annual General Meeting. This translates to 7%…

WHY YOU SHOULD CONSIDER BEING A MEMBER OF A CO-OPERATIVE SOCIETY

Why you should consider being a member of a co-operative society. By Vera Shawiza Suppose you have made the wise decision of saving and investing for your future. Where would you put your money? In a Co-operative Society or a…

OCTAGON AFRICA RESUME NATION WIDE FINANCIAL LITERACY PROGRAM

Octagon Africa announces resumption of the nation-wide financial literacy program targeted towards youths and teens “The free financial literacy programme targets over 2,000, primary, high school and university students” By Donald Kogai The company announced the return of the programme,…

NATIONAL BANK OF KENYA PROFIT INCREASE

National Bank of Kenya profit shoots By Douglas Muriithi National Bank of Kenya (NBK) posted a profit after tax of KShs. 886 million in its third quarter results ending September 30, 2022 compared with KShs. 1,172 million a similar period…

Family Bank and BasiGo Ink E-Bus Financing Deal

Family Bank and BasiGo Ink E-Bus Financing Deal By Vera Shawiza Family Bank have inked a partnership to enable players in the public service vehicle industry to access flexible financing options in a deal with BasiGo Ltd, an e-mobility startup…

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