Category: Business News

December 10, 2019 0

CBK urged to review its cash reserve policy to boost women-owned businesses

By mykenyancareers

NAIROBI, Kenya, Dec 10-The Central Bank of Kenya needs to review the cash reserve ratio it is holding to allow easy flow of money into the Kenyan economy. This is according to Kenya National Chamber of Commerce and Industry Chairman Jimnah Mbaru who says the move will increase liquidity making it easy for women to … Continue reading “CBK urged to review its cash reserve policy to boost women-owned businesses”

December 10, 2019 0

James Mwangi of Equity honored in the 2019 Bloomberg 50

By mykenyancareers

  NAIROBI, Kenya, Dec 10 – Bloomberg Businessweek has honored James Mwangi, Equity Group’s Managing Director and Chief Executive Officer, and the Executive Chairman of Equity Group Foundation, to the 2019 Bloomberg 50. This is an honorary list of fifty innovators, entrepreneurs, and leaders who have impacted the global business landscape in measurable ways. Mwangi … Continue reading “James Mwangi of Equity honored in the 2019 Bloomberg 50”

December 10, 2019 0

President Uhuru holds talks with leaders attending ACP Summit

By mykenyancareers

NAIROBI, Kenya, Dec 10 – President Uhuru Kenyatta held bilateral talks with several leaders who are in the country to attend the ongoing 9th African, Caribbean and Pacific (ACP) group of nations Heads of State Summit. Among the leaders the President hosted included President Faustin-Archange Touadera of the Central African Republic, the Prime Minister of Eswatini … Continue reading “President Uhuru holds talks with leaders attending ACP Summit”

December 10, 2019 0

Kenya’s aviation market to more than double in size by 2038, report

By mykenyancareers

NAIROBI, Kenya, Dec 9 – The African aviation market will increase by 200 million passengers, to over 356 million by 2038, according to the International Air Transport Association (IATA)’s latest forecast. Closer home, IATA predicts that over the next two decades, the Kenyan market could more than double in size, resulting in an additional 11.3 million passenger … Continue reading “Kenya’s aviation market to more than double in size by 2038, report”

December 9, 2019 0

NSE raises Sh8.7mn to support cancer control initiatives

By mykenyancareers

NAIROBI, Kenya, Dec 9 – The Nairobi Securities Exchange raised Sh8.7 Million in cash and in kind in its fifth annual Charity Trading Day bringing the total amount raised over the course of five years to 38 Million. The annual event, which was graced by Sicily Kariuki, Cabinet Secretary, Ministry of Health, brought together various … Continue reading “NSE raises Sh8.7mn to support cancer control initiatives”

December 9, 2019 0

Minet Wins Insurance Brokerage of the Year Award

By mykenyancareers

NAIROBI, Kenya, Dec 9 – Insurance brokerage firm, Minet Kenya has been voted the Best Insurance Brokerage Company of the year for 2019 at this year’s Think Business Insurance awards. The firm was also awarded the best Insurance Broker in technology application and also worn an accolade for the most customer-centric insurance broker of the … Continue reading “Minet Wins Insurance Brokerage of the Year Award”

December 9, 2019 0

ACP nations will defend multilateral trading systems – Kenyatta

By mykenyancareers

NAIROBI, Kenya, Dec 9 – President Uhuru Kenyatta today said the African, Caribbean and Pacific group of nations will strongly defend multilateral trading systems in order to protect themselves from unfair trade practices. President Kenyatta said Kenya, which has taken over the chairmanship of the group of 79 countries, will spearhead reforms and reinvigoration of … Continue reading “ACP nations will defend multilateral trading systems – Kenyatta”

December 9, 2019 0

Airtel scraps expiry dates on data, voice as subscriber numbers continue to grow

By mykenyancareers

NAIROBI, Kenya, Dec 9 – Airtel Kenya has launched no expiry data and call rates that will allow customers to spend as low as 1 bob for 5MB data and to make calls at 2bob across all networks. According to the telco, the move demonstrates Airtel’s commitment to offer quality products and services whilst firmly … Continue reading “Airtel scraps expiry dates on data, voice as subscriber numbers continue to grow”

December 9, 2019 0

KCB, I&M and Co-op ranked among most attractive bank in Q3’19 banking report

By mykenyancareers

NAIROBI, Kenya, Dec 9 – Cytonn Investments has released its Q3’2019 Banking Sector Report, which ranks KCB Group as the most attractive listed bank in Kenya, supported by a strong franchise value and intrinsic value score. The bank is followed by I&M Bank, Co-operative bank and Equity Bank respectively. The report sampled 10 banks in … Continue reading “KCB, I&M and Co-op ranked among most attractive bank in Q3’19 banking report”

December 9, 2019 0

Equity Bank receives Visa 2019 Top Acquirer Award for the 3rd time

By mykenyancareers

NAIROBI, Kenya Dec 9 – For the 3rd year in a row, Equity has received this year’s Visa Top Acquirer Award during the Visa 2019 Awards ceremony held in Nairobi. The award recognizes the bank that has recorded the highest POS payment volumes in the year. While receiving the award, Equity Group Director Payments Adeyinka … Continue reading “Equity Bank receives Visa 2019 Top Acquirer Award for the 3rd time”