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Mobile lenders waive late repayment fees over coronavirus pandemic
By Ian Omondi,
1125, April 6, 2020 (EAT)
Members of the Digital Lenders Association (DLAK) have now agreed to waive the late repayment fees as part of the measures to support customers amid t...
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Ventilators explained: Their importance in the fight against coronavirus
By Agencies,
1258, March 30, 2020 (EAT)
The novel coronavirus causes a respiratory illness called COVID-19 that in severe cases can ravage the lungs. It has so far killed at least 34,000 ...
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Relief for Kenyans who earn up to Ksh.24K as Uhuru orders cuts to PAYE, VAT
By Kepha Muiruri,
1927, March 25, 2020 (EAT)
President Uhuru Kenyatta has ordered the National Treasury to move to Parliament and implement a raft of changes including relief on employee tax and ...
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Tuskys fires staff in company restructruring
By Kepha Muiruri,
2013, February 20, 2020 (EAT)
Retailer Tuskys has fired part of its employees following a major re-organization of the firm’s strategy that saw the restructuring of various depar...
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NSE bets on incubator graduates to sprout new listings
By Kepha Muiruri,
1919, February 19, 2020 (EAT)
The Nairobi Securities Exchange (NSE) has tipped its incubator program to build the exchange’s first listings ending a three-year barren run. NSE...
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CBK warns banks against ignoring sector reforms
By Kepha Muiruri,
2000, February 13, 2020 (EAT)
The Central Bank of Kenya (CBK) has cautioned banks against ignoring the implementation of recent sector reforms terming the downplay as a risk to the...
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Treasury lines up Ksh.50 billion budgetary support bond in February sale
By Kepha Muiruri,
1752, February 5, 2020 (EAT)
The National Treasury has lined up the sale of bonds worth Ksh.50 billion in February’s sale with proceeds from the trade going into budget utilitie...
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Chinese officials temporarily ban trade of wild animals over coronavirus
By VOA,
1443, January 29, 2020 (EAT)
Chinese officials have temporarily banned the trade of wild animals, following an outbreak of coronavirus in the central city of Wuhan. Officials n...
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This year’s Samsung Galaxy phones may be called the S20 and S20+
By CNN,
1419, January 28, 2020 (EAT)
Telecom giant Samsung is set to launch a new set of flagship Galaxy phones according to a listing on a Thai Government website. The new flagships S...
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Tullow planned exit complicates Kenya’s petrodollars quest
By Kepha Muiruri,
1101, January 27, 2020 (EAT)
Tullow’s planned exit from its equity stake in Project Oil Kenya has opened up fresh questions into the country’s future oil exploits. This is ...
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Kenya’s first green bond lists on London Stock Exchange
By Kepha Muiruri,
938, January 21, 2020 (EAT)
Kenya’s first green bond has begun trading on the London Stock Exchange (LSE) as a shilling denominated bond. The cross-listing of the bond by Ac...
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BWIRE: Universities must remain independent
By Victor Bwire,
1638, January 12, 2020 (EAT)
By Victor Bwire The recruitment of vice chancellors for public universities should be done by respective councils in consultation with the cabinet ...
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OPINION: From gold to ashes; the tragic tale of Nakumatt Limited
By Joseph Bonyo,
1431, January 7, 2020 (EAT)
As a student at Maseno University, a trip to Kisumu town was never complete without a detour at Nakumatt Mega. Arriving back at the institution with ...
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Equity’s James Mwangi named in 2019 list of top global innovators
By Kepha Muiruri,
2129, December 18, 2019 (EAT)
Equity Group Managing Director James Mwangi has been named on the shortlist of 50 top innovators by the Bloomberg Business Week. The honorary list ...
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Mortgage crisis: Lenders take back homes listed as loan collateral
By Kepha Muiruri,
1455, December 4, 2019 (EAT)
High-end property developers and owners continue to suffer burnt fingers as lenders intensify the recoveries of bad loans through the auction of colla...
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70% of mobile loan defaulters borrow again and fail to pay up, study reveals
By Kepha Muiruri,
906, December 4, 2019 (EAT)
70 percent of mobile loan defaulters will borrow again and still default on the new credit facility to mirror the deterioration of the quality of borr...
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Cytonn shelves listing plan, cites depressed stock market
By Kepha Muiruri,
1003, November 28, 2019 (EAT)
Alternative investments firm Cytonn has put off its public listing plan citing the continued depressed performance of company stocks. The firm whic...
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Family Bank records Ksh.704 million nine-month profit
By Kepha Muiruri,
1832, November 25, 2019 (EAT)
Family Bank has announced a near four-fold jump in profit for the first nine months of the year to Ksh.704.6 million signalling the lender’s continu...
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Stanbic firm to keep minority investors in push for more shares
By Kepha Muiruri,
1154, November 23, 2019 (EAT)
Stanbic Bank parent company- the Stanbic Africa Holding Limited (SAHL) (UK) is set to retain its minority investors for at least another year even as ...
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Nigeria’s Lionheart film dropped from Oscars listing over English use
By Duncan Mutwiri,
1104, November 5, 2019 (EAT)
The Oscar Academy has disqualified the popular Nigerian movie 'Lionheart' from contesting in the best international film feature category. Ava DuVe...
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