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2023

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Old Mutual Bounces Back, Posts 216% growth in Profit Before Tax

admin Apr 14, 2023

Old Mutual Holdings PLC has posted a 216% growth in profit before tax in the year ended December 31st, 2022, to close at a profit before tax of Kes 202 million, driven by solid topline growth and higher investment income. The record…
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10,000 Varsity Students To Access AWS Cloud Training In Kenya

admin Apr 13, 2023

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, and the Information Communication Technology (ICT) Authority, a state corporation under the Ministry of Information Communication and Technology, has announced plans to upskill…
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Absa Bank supports over 1,000 Kenyans with Food Donation during Ramadhan

admin Apr 13, 2023

Over 1,000 Kenyans across nine counties will benefit from Absa Bank’s food donation drive as part of the ongoing Ramadhan celebrations. The drive targets vulnerable families and children’s homes within Kisumu, Nakuru, Eldoret, Garissa,…
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CS, Senate ICT Committee Inaugurate KoTDA’s New Board

admin Apr 12, 2023

By Francis ZyderThe Cabinet Secretary for Information, Communication and the Digital Economy, Eliud Owalo and the Senate ICT Committee led by the Chairperson Hon. Sen. Allan Chesang of Trans Nzoia County, have inaugurated the new Board of…
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Pensions Industry Stakeholders Converge to Foster Sustainable Retirement

admin Apr 10, 2023

By CW CorrespondentOctagon Africa, a leading regional financial services provider, has held a three-day conference on fostering sustainable pensions. The conference is scheduled to take place from 4th to 6th April 2023 at the Sarova…
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Family Bank Reports Ksh. 3.7 Billion Profit Before Tax For The Year 2022

admin Mar 31, 2023

Family Bank Group has recorded a KES 3.7 billion Profit Before Tax for the full year ended 31 December 2022, a 12.2 % growth compared to KES 3.3 billion posted in 2021. The revenue growth was catapulted by double-digit growth in revenues,…
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SASRA: Protecting Kenya’s Economic Growth Through Prudential Supervision

admin Mar 26, 2023

Established pursuant to the provisions of the Sacco Societies Act, No.14 of 2008, the SACCO Societies Regulatory Authority (SASRA) is the Government’s principal agency responsible for the supervision and regulation of SACCO Societies in…
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Bamburi Cement Appoints New CEO, Two Non-Executive Directors Effective

admin Mar 23, 2023

Bamburi Cement PLC today announced the appointment of Mr. Mohit Kapoor as the new Group Chief Executive Officer (CEO), effective April 1, 2023, subject to regulatory approvals.Mr. Kapoor succeeds Mr. Seddiq Hassani, who has served as the…
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Aga Khan University Celebrates 40th Anniversary, Graduates 195 Students

admin Mar 22, 2023

The Aga Khan University (AKU) launched its 40th Anniversary celebrations, as it celebrated the graduation of the Class of 2022. Close to two decades after its launch in Pakistan, AKU began a new chapter in East Africa with precursor…
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M-Pesa Africa Invest $2 Million in Shared Service Operations Centre

admin Mar 22, 2023

Located In Nairobi, the M-Pesa Shared Service Operations Centre (SSOC) Will Support Operations in five Countries. M-Pesa Africa has today launched a Shared Service Operations Centre (SSOC) in Nairobi. The M-Pesa SSOC will oversee service…
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