Amana client funds shrink to Ksh.75.6 million

By Kepha Muiruri,

Amana Capital assets under management represented by the Amana Unit Trust Funds have shrunk to Ksh.75.6 million as of the end of March this year. T...

Amana Capital , Reginald Kadzutu

DCI: Suspected Juja fraudsters hacked into IEBC database, ran SIM swap scheme

By Citizen Reporter,

A fraud suspect suspected of running a high-tech mobile phone scam syndicate was apprehended on Saturday morning, and a gunny bag containing SIM cards...

Court freezes Ksh.93.5M in KERRA official’s accounts over alleged money laundering scheme

By Sam Ogina,

The High Court has frozen the accounts of a top official at the Kenya Rural Roads Authority (KeRRA) for alleged mega-corruption. The authority’s ...

Assets Recovery Agency , corruption , KeRRA , Margaret Wanja Muthui

World Bank, African Union partner to buy, distribute 400 Million COVID-19 shots

By VOA,

The World Bank announced a partnership with the African Union Tuesday to finance the acquisition and distribution of COVID-19 vaccine for 400 million ...

AFRICAN UNION , coronavirus , COVID-19 , vaccine , World Bank

Nson appointed Morans assistant coach

By Dennis Kamariki,

The Kenya Basketball Federation (KBF) has appointed Abel Nson as the assistant head coach of the men’s senior national basketball team Morans, for t...

Abel Nson , Kenya Basketball Federation , Kenya Morans , Liz Mills , Sadat Gaya

Cameroonian Nson appointed Morans assistant coach

By Mkalla Wa Mwambodze,

Kenya Basketball Federation has appointed 43-year-old Cameroonian coach Abel ‘Alibaba’ Nson as assistant coach of the national men's basketball te...

Abel Nson , Abel ‘Alibaba’ Nson , Elizabeth Mills

OPINION: Effective leadership is vital for working healthcare systems

By Guest Writer,

By Doris Kathia The enactment of Kenya’s new Constitution in 2010 devolved most functions previously held by the central government including hea...

Healthcare , leadership

AfDB invites business enablers to apply for funding to support women entrepreneurs

By Citizen Reporter,

This May, the African Development Bank Group is launching a call for proposals for projects enhancing the viability and sustainability of women entrep...

AfDB

CBK expands list of third-party CRB data providers

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has expanded the list of third-party credit information providers to nearly 2000 entities as part of its role to bolst...

Central Bank of Kenya (CBK) , Credit Reference Bureau Regulations 2020 , credit reference bureaus (CRBs)

Fresh COVID-19 restrictions dim NSE’s resurgence

By Kepha Muiruri,

Re-imposed restrictions to contain the COVID-19 pandemic have served to reverse gains made by the performance of the stock market. While the Nairob...

COVID-19 , Nairobi Securities Exchange (NSE)

Co-operative Bank 2020 profit falls by 25 per cent to Ksh.10.8 billion

By Kepha Muiruri,

The Co-operative Bank of Kenya has announced a 24.5 per cent dip in full-year earnings to December 2020 with earnings plunging to Ksh.10.8 billion fro...

Co-operative Bank of Kenya , Gideon Muriuki

Caroline Wanjiku Maina was kidnapped, eyes gouged out – DCI

By Citizen Reporter,

Caroline Wanjiku Maina, a 38-year-old woman who was kidnapped by unknown persons one week ago, has been found dead. Detectives from the Directorate...

Caroline Wanjiku Maina , murder

Four suspects robbing victims through online dating sites arrested in Ruaka

By Benjamin Muriuki,

Police have arrested four suspects believed to be part of a notorious syndicate that has been luring unsuspecting victims through online dating sites ...

Online dating sites , Ruaka

Police nab lorry ferrying sandalwood worth Ksh.15M in Samburu

By Johnston Keti,

A multi-agency team comprising officers from National Police Service, Directorate of Criminal Investigations and the Kenya Forest Service have seized ...

sandalwood

CBK green lights Jamii Bora buyout by Co-op Bank

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has given the nod for the acquisition of Jamii Bora Bank (JBB) by the Cooperative Bank of Kenya. The acquisition is...

CBK , Cooperative Bank of Kenya , Jamii Bora Bank

Why internet banking is becoming more popular

By Sponsored,

A new study has revealed that the current COVID-19 pandemic is pushing consumers to digitally interact with their banks, with banking institutions foc...

Co-op bank , Co-op Internet Banking , internet banking

The money trail: How jailed Sirisia MP John Waluke distributed Ksh.297M in two days

By Benjamin Muriuki,

The sentencing of Sirisia Member of Parliament (MP) John Koyi Waluke to 10 years in prison or pay a fine of close to Ksh.1 billion for defrauding a St...

John Waluke , NCPB

CBK seeks to switch T-bill investors to bonds in Covid-19 led pressure

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has sought to switch Treasury bill (T-bill) investors to bonds with a view to provide relief to exchequer upcoming red...

Central Bank of Kenya (CBK) , Kenya domestic debt

Coronavirus pandemic deepens Kenya’s debt wound

By Kepha Muiruri,

The Covid-19 pandemic has added salt to Kenya’s long existing debt wound pushing the country closer to the edge of the cliff. This is as the glob...

coronavirus , debt , Ukur Yatani

Co-operative Bank full year profit rises to Ksh.14.3 billion

By Kepha Muiruri,

The Co-operative Bank has posted a 12.6 per cent growth in profit after tax to Ksh.14.3 billion for the year ending on December 31, 2019 on the back o...

Co-operative Bank , profit