New statutory deductions for Kenya’s Social Health Insurance Fund (SHIF) and housing levy have pushed workers’…
Category: Business
All business content are in this category
I&M Group PLC Records 24% Growth in Profit Before Tax for Q3 2024
I&M Group PLC has recorded 24% growth in profit for the year 2024, before taxation, equivalent…
CBK Mounts Pressure on Commercial Banks to Reduce Lending Rates
The Central Bank of Kenya (CBK) is mounting more pressure on commercial banks to reduce borrowing…
Equity Group Holdings and DEG Launch German Desk to Promote Trade
Equity Bank Limited Group Holdings Plc and DEG-Deutsche investitions-und EntwicklungsgesellschaftmbH, the German Development Finance Institution, have…
Bolt Operations to Pay Driver Ksh.500k as Compensation for Infringing Rights
The Office of the Office of the Data Protection Commissioner (ODPC) has ruled against Bolt Operations…
Huawei Partners MTN to Launch First 5.5G in South Africa
MTN South Africa and Huawei have achieved a milestone in African telecommunications by completing the continent’s…
Google Picks Six South African Startups for 2024 Black Founders Accelerator Program
Google has announced the six startups selected for the 2024 Google for Startups Accelerator Africa, Black…
Gerald Nyaoma Appointed as Second Deputy Governor of the Central Bank of Kenya
Central Bank of Kenya (CBK) has faced several changes following President William Ruto’s recent nominations. Gerald…
Gender-Inclusive Lending Improves in Africa, Survey Reveals
European Investment Bank (EIB) Survey Highlights Gender-Inclusive Banking in sub-Saharan Africa noting that banks are making…
Court Upholds Ksh.900k Fine Against Digital Lender Company For Persistent Calls on Follow-ups
The High Court of Nairobi, Milimani division, has upheld a Sh900,000 fine imposed by the Office…