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Business
I&M acquires Youjays Insurance Brokers Limited
By Irene AtienoIn summaryI&M Bank Limited is a leading commercial bank in Kenya with a rich history spanning over 40 years and offering a full range of corporate, personal, premium, business and alternative banking products.…
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Equity Bank introduces new tariffs for PayPal withdrawal service
Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances…
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Cytonn Partners With Varsity In Graduate Trainee Programme
Shifting focus and in line with its Young Leadership programmme, Independent investments management firm, Cytonn is set to provide mentorship and training to students at the University of Eldoret. Primarily focused on offering alternative…
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CBK gives green light to mobile money interoperability
By Fred OdhiamboIn SummaryKenya now joins 15 other countries across the world that have successfully implemented the wallet-to-wallet interoperability with users seamlessly moving mobile money
Customers wishing to transfer money…
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Safaricom’s voice market share declines as competitors gain
By KJ OdongoIn SummarySafaricom’s share of the voice traffic had dropped to 72.5 per cent in the three months to December 2017 down from 76.9 in the previous quarter
Its market share by subscriptions dropped to 69.1 per cent…
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Ecobank to bolster intra Africa trade through B-to-B networks
Ecobank Kenya is set to forge Business-to-Business linkages in 33 African countries through its Emerald Ecobank Business Club. The Business Club is a wider strategy by the bank to grow SME sector by offering direct linkages and a seamless…
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Bamburi targets 1,500 drivers with new driving curriculum
By Joan WambuiIn summaryThe new training program is expected to benefit its transporter companies to significantly increase the skills of their drivers
The trainers have a mix of experience in heavy commercial vehicles and light…
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Amref to boost NHIF efforts to cover 20 million Kenyans
By Catherine MuemaIn summaryThe NGO will work with community health workers and also develop innovative solutions to increase access to and use of health services
NHIF currently covers 6.2 million Kenyans (15% of the population), an…
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Stakeholders to make affordable housing a reality in Kenya
By KJ OdongoIn SummaryAddressing the shortage of homes will provide an economic stimulus to the entire economy through the creation of jobs and increased investment
At the EAPI Summit this year set for the 24th and 25th of April, a…
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AAR boosts claims reserve to tame surging Medicare costs
Medical underwriter AAR has increased its claims reserve for 2018 to Kes1billion compared to the Kes 450 million reserved in 2017 as surge in non-communicable diseases as well as high service charges drives up the cost of medicare. Writes…
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