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Business
Investment Company Rewriting History of Property Ownership
For a long time, owning property has been deemed a reserve for the rich and the highly placed in the society. This myth will soon be buried in history books as Username Investment Limited steps up to offer Kenyans from all walks of life…
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French firms to invest over $10b in Kenya
By Joan WambuiIn SummaryThe French firms have identified 12 projects spanning industry, roads, energy, food security, health and technology for their investment
The companies included major French firms Schneider Electric, Total,…
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Brazil pledges partnership with Kenya in cotton production
By CW CorrespondentIn summaryIn October 2016, the three East African countries of Kenya, Tanzania and Burundi signed an agreement with Brazil on the Cotton Victoria Project – a regional initiative to strengthen the cotton sector in…
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KCB Group Net Profit Hits KShs.19.7Bn
By Felix Boyd
In SummaryThe lender grew market share while at the same time recorded gains from cost-reduction programmes and improved operational efficiency
The Group’s total non-Interest income was up 2% to KShs. 23 billion as a…
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Carrefour to set up 5th hypermarket by April 2018
By Joan Wambui
In summaryHypermarket to offer a selected product range, aimed at addressing the immediate shopping needs for customers who live, work or commute through the busy Westlands area
The location of the store at the ground…
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EABL signs lease deal for new office space
By KJ Odongo
In summaryThe move is aimed at providing fresh and positive workspace for EABL employees
EABL management has signed a long-term deal to take up Grade A office space within Garden City Business Park
The deal signing was…
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Stanbic Holdings PLC posts KSh4.3B profit after tax
By Fred OdhiamboIn summarystrong performance in non interest revenue is as a result of the succesful closure of key deals in Investment Banking and the continuous strategic focus on leveraging digital platforms
During the year, the…
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Interactive Teller Technology to transform Banking at NIC
By Irene AtienoIn SummaryNCR’s innovative software platforms will provide NIC Bank the flexibility to adopt emerging technologies, reduce operating costs and enhance customer experience across all channels
This technology will…
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Cultivating The Green Opportunity In Kenyan Real Estate
The East Africa Property Investment Summit (EAPI) is hosted by API Events, Africa’s leading Real Estate Conferencing Company. EAPI is one of four annual conferences hosted by API Events, including, West Africa Property Summit (Nigeria),…
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KPC eyes regional growth with completion of oil jetty
By Joan Wambui
In SummaryThe introduction of an oil jetty will transform Kisumu into the region’s petroleum export hub
The Kisumu oil jetty is expected to deliver petroleum products to neighbouring Rwanda, Burundi, Uganda, Eastern DRC…
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