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Routes and AFRAA sign agreement to help drive growth for the Africa aviation market
The African Airlines Association (AFRAA) and Routes have signed their first formal agreement in history. The Memorandum of Understanding (MoU) sees AFRAA, the leading trade Association for African airlines and Routes, the organiser of the…
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CBK cuts benchmark lending rate to 8.50pc
The Central Bank of Kenya’s Monetary Policy Committee has revised downwards the benchmark lending rate by 50 basis points to 8.50 percent in move expected to bolster suppressed growth.The committee noted in its sitting noted that…
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African countries urged to support female agriprenuers
Monica Musonda, CEO of Zambian food processing company Java Foods, certainly faced hurdles in her rise to the top, but she overcame them.“Although the barriers to entry for women can be frustrating, they are often basic and relatively…
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Shariah lender opens branches as part of expansion plan
Trading as DIB Bank Kenya Limited, the Dubai Islamic Bank PJSC was licensed and began operations in 2017, and is a fully-fledged commercial bank that offers exclusively Sharia compliant Banking services to both business and personal…
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150 East African companies shortlisted for CIO100 Awards
By CW CorrespondentMore than 60 percent of the companies that entered into the most coveted IT excellence awards in East Africa have been shortlisted with Kenya being ahead of the pack.
150 out of 384 companies were shortlisted…
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Toyota and DTB announce new financing model for SMEs
By Catherine Muema
You will now be able to acquire a car at 100 percent financing after Diamond Trust Bank and Toyota Kenya unveiled a partnership to enable Small and Medium Enterprises buy new vehicles.
Dubbed ‘Beba Leo’ the Motor Vehicle…
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Co-Operative Bank Declared Winner In 2019 Banking Awards
By CW Writer
Co-operative Bank of Kenya customers have a reason to continue smiling after their trusted bank was declared the overall winner of the Kenya Bankers Association 2019 sustainable finance catalyst awards.
During the ceremony that…
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KLM Royal Dutch Airlines set to start flying the latest Dreamliner 787-10 to Kenya
KLM, established on 7 October 1919 and is the world’s oldest airline still operating under its original name. Celebrating 100 years of global operation on 7th October. KLM started its operations in Kenya on 19th May 1969. KLM is celebrating…
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Liquid Telecom recognized for ‘Most Innovative IoT Solution’
By Francis ZyderLiquid Telecom has won the ‘Most Innovative IoT Solution’ award at the recently held World Communications Award (London) for helping thousands of fish farmers in Western Kenya and Nyanza to monitor and protect freshwater…
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potential merger of NIC Group PLC (NIC) and Commercial Bank of Africa Limited (CBA)
On 6th December 2018, NIC Group PLC (NIC) and Commercial Bank of Africa Limited (CBA) announced that their respective Boards of Directors had authorized the commencement of discussions regarding a potential merger of the two entities. The…
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