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Business
New platform eases Saccos operations in face of pandemic
By CW WriterA digital application to help Saccos continue with their operations in the face of the outbreak of the Coronavirus pandemic has been launched.Digital banking platform Kwara announced the launch of Kwara Pronto digital…
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New deals for food transport will deliver food security
By Okisegere OjepatSecuring our food supply has emerged as an imperative in the current global pandemic, prompting our government’s announcements of measures to prioritise the supply of food.But as we reel economically from the current…
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Spike in mobile money transactions expected on presidential directive
By Steve OtienoUse of mobile phones in making payments is expected to rise in the coming days after President Uhuru Kenyatta called on financial agencies to reduce transaction fees and encourage citizens to avoid handling physical cash in…
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Digital lenders open to scrutiny
By Steve UmidhaFor the past few years, Kenya’s fintech ecosystem has remained the apple of borrowers’ eyes, pouring millions of shillings in short-term loans and making it the hottest and probably the most insane investment activity in…
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Low use of Nairobi to Suswa SGR raises viability question
The Nairobi-Suswa standard gauge railway (SGR) line has carried an average of 139 passengers a day in two months to mid-December, deepening doubts on viability of the multi-billion shilling project recently launched by President Uhuru…
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Sh10 billion Absa fund to benefit SME women
Absa Bank Kenya has committed a Sh10 billion loan fund for women-led small and micro enterprises (SMEs) amid raising banking competition and calls for support of the sector by the government.Customers will access loans of up to Sh3…
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Alexander Forbes clients win big from Octagon services deal
A new strategic partnership has been entered into under which Octagon Africa will serve Alexander Forbes multinational clients with a presence in Kenya.This strategic partnership comes after Alexander Forbes’ review of its strategic…
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Family Bank clienteles to befit from 100% vehicle cash deal
Family Bank has entered into a partnership with Simba Corporation Limited in a deal that will see customers receive up to 100% financing to purchase vehicles.This partnership will enable Small and Medium-Sized customers in the…
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Africa should set its sights on feeding the world
With the world population expected to swell by two billion people over the next three decades, Africa has an opportunity to step up and become a major global food production hub.For the time being, Africa remains a net importer of food,…
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Car & General: Power for better living
Established in 1936, Car & General is the company behind a wide range of power generation, automotive and engineering products in East Africa. For over 80 years, the regional leader has supplied generators, motorbikes, ‘tuktuks’,…
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