CMC, Stanbic sign car financing deal
Stanbic Bank has partnered with motor dealer CMC Motors Group to offer financing to customers buying Ford vehicles over the next two-and-half months.Customers are set to receive 100…...
Read More Microfinance lender disburses Sh4 billion to SMEs
Kenya-based microfinance venture 4G Capital has lent Sh4.3 billion ($41.69 million) to small and medium enterprises over the past year, co-founder and CEO Wayne Hennessy-Barrett, sa…...
Read More Ethiopian PM Abiy Ahmed wins 2019 Nobel Peace Prize
Ethiopian Prime Minister Abiy Ahmed has won the 2019 Nobel Peace Prize.His win follows his endless efforts that saw a 20-year war between Ethiopia and Eritrea come to an end after h…...
Read More Safaricom seeks to acquire stake in Ethiopia telco
Safaricom is considering buying a stake in Ethiopia’s State-owned Ethio Telecom, which has announced the sale of shares through a privatisation plan.Michael Joseph, Safaricoms int…...
Read More Exports to EAC markets at three-year high of Sh77bn
The value of Kenya’s exports to key East African Community’s markets hit a three-year high in first eight months of 2019, official data shows, partly helped by Nairobi’s efforts …...
Read More Demand slumps in Burundi, Rwanda for Kenya’s exports
Equity Group has enhanced its funding proposition to cater for the changing needs of its dominantly youthful clientele as it sets sights on hitting the Sh1 trillion mark in assets b…...
Read More Demand slumps in Burundi, Rwanda for Kenya’s exports
Demand for Kenyan products has slumped in Rwanda and Burundi amid competition from China, India and Saudi Arabia, a study by Kenya Export Promotion and Branding Agency (Keproba) sho…...
Read MoreTraders fear global economic slowdown will weight on oil demand
Oil prices fell on Monday, extending last week’s heavy losses, with traders fearing the global economic slowdown will weigh on future oil demand growth while pegging hopes for a re…...
Read More M-Pesa among top 10 most influential finance projects globally
M-Pesa has been rated as one of the top 10 most influential financial projects in the world by Project Management Institute (PMI) in its 2019 most influential project list.According…...
Read More Economy Kenya feted for aviation security enhancement
Kenya is amongst 28 countries that have been feted by the International Civil Aviation Organisation (ICAO) for making improvements in its aviation safety standards.Kenya was awarded…...
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