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Umeme Bees keen to clinch Koth Biro tittle
By Agencies,
1040, June 28, 2019 (EAT)
Umeme Bees have vowed to win this year’s 41st edition of the Koth Biro tournament in honor of their patron Stephen Ogos as team manager Asif says th...
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Jubilee diversifies to finance with fund manager licensing
By Kepha Muiruri,
1907, June 25, 2019 (EAT)
Kenya’s largest insurer by asset base Jubilee Holdings has set its sights on financial services in what is a move away from its traditional general ...
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National Assembly now wants Kenya Airways nationalised
By Faizal Ahmed,
2151, June 18, 2019 (EAT)
The National Assembly's Transport Committee has shot down the proposed take over of Jomo Kenyatta International Airport by national carrier Kenya Airw...
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Equity follows up Ethiopia interests with new representative office
By Kepha Muiruri,
1047, June 14, 2019 (EAT)
Equity Group has set up a commercial representative office in Ethiopia following the grant of license to commence operations. The new office is ancho...
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East African CEOs caught napping under disruption wave: report
By Kepha Muiruri,
1030, June 1, 2019 (EAT)
East African CEOs are making littler investments in innovation in comparison to their global counterparts, a new report says. The report authored b...
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NHIF exposes groups conning members of the public
By Wambui Kihara,
2101, May 22, 2019 (EAT)
The National Hospital Insurance Fund has warned members of the public to be wary of fraudsters purporting to collect premiums on its behalf. In a s...
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Government Mortgage Firm to deliver Cheaper Homes
By Zeddy Sambu,
1548, May 21, 2019 (EAT)
The State-backed company to implement the social housing project to advance cash to banks and saccos for on-lending to home buyers is to be launched t...
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No employees should be sacked in CBA-NIC Group merger, banks told
By Reuters,
1951, May 14, 2019 (EAT)
The Competition Authority of Kenya approved has a proposed merger between Commercial Bank of Africa (CBA) and NIC Group, the regulator said in a state...
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Equity Group reports 6percent rise in Q1 pretax profit
By Reuters,
1024, May 9, 2019 (EAT)
Equity Group Holdings said on Thursday its first quarter pretax profit rose 6 percent to Ksh.8.84 billion ($87.44 million). The bank said net inter...
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Nokia plunges to surprise quarterly loss, shares slump
By Reuters,
1150, April 25, 2019 (EAT)
Finnish telecom network equipment maker Nokia plunged to a surprise quarterly loss due to a delay in booking 5G payments and said on Thursday the secu...
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Equity acquires Ksh.10bn loan to extend financing to SMEs
By Kepha Muiruri,
1925, April 9, 2019 (EAT)
Equity Bank Kenya has acquired a Ksh.10 billion syndicated loan from the International Finance Corporation (IFC) to extend its loan book to small and ...
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SME credit guarantee a piece of a larger jigsaw – Experts
By Kepha Muiruri,
1849, April 8, 2019 (EAT)
Stakeholders in the micro, small and medium enterprises (MSME) space have welcomed the establishment of a credit guarantee scheme by government termin...
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State of the Nation Address: President Uhuru Kenyatta’s full speech
By Benjamin Muriuki,
1902, April 4, 2019 (EAT)
President Uhuru Kenyatta on Thurday said the State of the Nation is "strong, vibrant and beaming with promise." Here is his full speech during this...
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Equity defies expensive lender-tag to grow loans to Ksh.297.2B
By Kepha Muiruri,
1232, March 27, 2019 (EAT)
Equity bank has defied its expensive lender-tag to grow its share of loans and advances by 6% to Ksh.297.2 billion to equal and surpass the average lo...
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Equity Bank’s profit hits Ksh.19.8 billion on increased lending
By Kepha Muiruri,
1932, March 26, 2019 (EAT)
Equity Bank has announced a five percent growth in profit after tax for the year ending December 31, 2018 to Ksh.19.8 billion from Ksh.18.9 billion i...
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Prosecutors: college scam takes bribery to whole new level
By VOA,
1027, March 13, 2019 (EAT)
Rich and famous parents who are accused of buying their children entrance to some of the best universities in the U.S. were part of a multilevel, year...
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Paul Manafort sentenced to 47 months in prison
By CNN,
1553, March 8, 2019 (EAT)
Lobbyist and former Trump campaign chairman Paul Manafort learned on Thursday that he will serve almost four years in prison -- far short of what had ...
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Barclay’s Timiza surpasses expectations to reach 3M customers in 9 months
By Kepha Muiruri,
2057, February 27, 2019 (EAT)
Barclay Kenya's recently-launched virtual banking platform has grown to surpass expectations drawing in 3 million new users in 9 months to December 20...
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‘Salt Queen’ working to transform health of Senegal citizens
By CNN,
941, February 21, 2019 (EAT)
Marie Diouf, 35, is on her cellphone speaking swiftly in Wolof, a lyrical Senegalese language, as salt flies past her. Dressed in a red boubou, a l...
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Amazon changes business structures in India to bring big seller back: sources
By Reuters,
1215, February 7, 2019 (EAT)
One of the biggest sellers on Amazon.com Inc’s India website has returned after the online retail giant changed its business structures to comply wi...
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