Open Banking Opens Up New Opportunities For Banks In The Region

NAIROBI, JULY 8TH 2020: African banks are well-positioned to embrace the opportunities created by Open Banking through transforming their offerings with innovative, agile and efficient solutions that will strengthen customer…

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Jambojet To Fly To Kisumu Twice Daily From 15th July

NAIROBI, 7TH JULY 2020: Regional low-cost carrier, Jambojet, is set to resume flights to Kisumu on 15th July 2020 after the Government of Kenya lifted the ban of movement in…

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Jambojet Scoops Award For Most Reliable Dash 8-400 Operator In Africa And Middle East

NAIROBI, 30TH JUNE 2020: For the second year in a row, regional low-cost carrier Jambojet has been awarded the 2019 Dash 8-400 Africa and Middle East Reliability Award. The awards…

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Expect New Health Measures On Jambojet When Flights Resume

NAIROBI, 3RD JUNE 2020: As part of efforts to ensure the safety and well-being of its passengers during travel, regional low-cost carrier Jambojet has introduced a raft of measures to…

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Kenya’s Post-COVID Economic Recovery Will Rely On Financial Sector Interventions

The post-COVID economic recovery of the country will greatly rely on interventions by the financial sector in helping businesses badly affected by the COVID-19 pandemic. The Central Bank of Kenya…

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Non-performing Loans Provision Drive Equity Profits Down 14% In First Quarter Results

NAIROBI, 28TH MAY 2020: Equity Group Holdings Plc released first-quarter results which-reflect the assessment the Group places in the uncertainty created by COVID-19. Profit before provisions was up by 10%…

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Absa Announces Sh 2.3 Billion Profit for First Quarter of 2020

NAIROBI, 27TH MAY 2020: Absa Bank Kenya PLC has on Tuesday reported a Normalised profit after tax of Kshs.2.3 billion for the period ended 31 March 2020, a growth of…

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Kepsa CEO Carole Karuga

KEPSA Wants Government To Work With Private Sector In Developing Post-COVID Return To Work Strategy

NAIROBI, 27TH MAY 2020: Members of the Kenya Private Sector Alliance (KEPSA) have called on the government to gradually and partially re-open the economy to preserve the economy and support…

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Equity Group Withdraws Dividend Declaration Over Market Uncertainties

NAIROBI, 26TH MAY 2020: The Board of Directors of Equity Group Holdings Plc, the largest bank on the Nairobi Securities Exchange by market capitalization, has withdrawn its recommendation of a…

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Safaricom Foundation Partners With Scope International to Set Up Sanitation Booths in 6 Counties

NAIROBI, 23RD MAY 2020: Thousands of people in the counties of Homabay, Siaya, Migori, Kisii, Bungoma, and Busia are expected to benefit from sanitation booths set up by Safaricom Foundation…

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