Category: Business

KENYANS IN DIASPORA SEND OVER 24B THROUGH WORLDREMIT MONEY TRANSFER IN JUNE YEAR 2022

Kenya is one of our top 3 markets in Africa, WorldRemit says. “The London based global payments company released data showing the amounts its users globally sent this year to different countries around the world as of June 1st” By…

WAYS TO STOP ONLINE PAYMENT FRAUD

Merchants Challenged to Integrate Payment Gateways to Prevent Online Payment Fraud. “Pesapal outlines leading-edge fraud management tools to safeguard customers” By African Times News Correspondent Businesses within the Country have been challenged to incorporate fraud detection tools as more transactions…

CHANGE OF GUARD AS NATIONAL BANK OF KENYA APPOINT NEW MD

Peter Kioko Named National Bank of Kenya Acting Managing Director By African Times Correspondent The Board of National Bank of Kenya (NBK) has appointed Peter Kioko as the acting Managing Director for the Bank, effective June 10, 2022. The position…

REPORT ON TAX TRANSPARENCY IN AFRICA

A report on tax transparency in Africa By Correspondent The Kenya Revenue Authority is an agency of the Government of Kenya that is responsible for the assessment, collection and accounting for all revenues that are due to government, in accordance…

KENYA HOST POVERTY REDUCTION WORKSHOP

POVERTY REDUCTION WORKSHOP HELD IN KENYA By Donald Kogai African governments must adopt a pro- growth poverty reduction strategy as a key policy element to achieve sustainable poverty reduction in the post-pandemic. Dr. Kisu Simwaka while speaking on behalf of…

MEASURES TO STOP ELECTROCUTION OF BIRDS

MEASURES TO STOP ELECTROCUTION OF BIRDS By Immaculate Kubai Kenya Power is committed to conserve and protect the environment for sustainable development. The Company has stepped up measures to prevent electrocution of birds by power lines in order to protect…

TECH COMPANY PARTNERS WITH GOOGLE TO EMPOWER TRADERS IN KENYA AND NIGERIA

Sendy partners with Google to empower MSMEs in Kenya and Nigeria. By Lenin Lumumba Sendy, a tech company that builds fulfillment infrastructure for e- commerce and consumer brands has joined with Google in an initiative aimed at empowering Africa’s small…

NATIONAL BANK OF KENYA SCOOPED AWARDS AS THE BEST BANK

NBK Wins 4 Awards at Think Business Banking Awards 2022 By Douglas Muriithi National Bank of Kenya (NBK) has scooped four awards in the Think Business Banking Awards 2022, a sure message of the Bank’s steady growth in the last…

NAIROBI BASED PUBLIC TRANSPORT COMPANY BOOSTED WITH 80 BUSES

National Bank hands over a fleet of 80 Buses to Metro Trans Limited “The Partnership between National Bank and Simba Corp saw NBK finance Metro Trans to acquire modern fleet of buses through affordable financing”. By Douglas Muriithi Metro Trans…

FAMILY BANK PROFIT INCREASES TO 1.1B

FAMILY BANK RECORDS KES 1.1 BILLION PROFIT BEFORE TAX FOR THE FIRST QUARTER OF 2022. By Vera Shawiza Family Bank “The Group” has recorded a KES 1.05 billion Profit Before Tax for the first three months of 2022, marking a…

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