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Banking & Finance
Hazina Sacco celebrates Golden Jubilee, Efficiency in Financial Inclusion
Founded in the year 1971 and registered under the Co-operatives Societies Act (Cap 490) of the laws of Kenya, Hazina Sacco Society Limited is a nationwide Deposit Taking Sacco regulated by Sacco Societies Regulatory Authority (SASRA). The…
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DIB Bank Kenya Marks Four Years in The Country
Celebrating its 4 years anniversary, DIB Bank Kenya underscored its commitment with a promise to increase investments in the Kenyan market supporting the financing of business and individual customers, which currently stands at KES10.2…
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Ukulima Sacco Announces Plans to Grow Share Capital to 1b
By CW CorrespondentUkulima Sacco has announced plans to involve its highest depositors in an ambitious plan to raise its share capital to at least KES1 billion in the next two years.In the same plan outlined by the Sacco’s national…
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What Covid-19 Has Taught Us About Running Businesses
If you speak to any owner of a small, medium or large-sized business, a majority of them will share feedback saying that over the past one year or so, things have been tough due to the adverse socio-economic effects of COVID-19.Although…
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Treasury goes for Ksh.50 billion in extended bond offer
Treasury has sought to raise Ksh.50 billion as it opens its local borrowing account for the 2021/22 financial year through an extended bond sale.On Monday, the Central Bank of Kenya (CBK) announced the extended sale (tap sale) of two…
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Family Bank Gets CMA Nod To Raise Kes 8 Billion To Anchor Its Growth Strategy
The Bank targets to raise KES 4 billion in its first tranche with the balance to be raised within the next five years in various tranches/series.
Family Bank has today received formal approval from the Capital Markets Authority to raise up…
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World Bank Report: Kenya’s Economy Likely to Expand in 2020
The World Bank has reported a possibility that the Kenyan economy would expand by next year.The World Bank based its insights on the current weather conditions in Kenya, stating that it would bring a boost to the country’s economy come…
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