According to EuroMoney Awards for Excellence 2020, Stanbic bank is Kenya’s best investment bank. This is the second time the bank has won an award from the global institution. Stanbic’s ability to deliver solutions across a range of products and services to its customers secured the award. Further, the bank has […]

Selfish Kenyan legislators have rejected the National Treasury’s proposal to allocate Sh1.5 billion to purchase Covid-19 testing kits and chemical reagents, holding back coronavirus testing in the country which may lead a possible public health crisis. The same Members of Parliament had earlier voted to ring-fence its annual budget from […]

Slum-dwellers in Nairobi can now get eight million liters of water daily following the completion of the Sh300 million water project. The scheme, which is the first phase of construction of Independent Community Water Supply Projects in the slums, will benefit 400,000 people. Ministry of Water Principal Secretary, Joseph Irungu […]

US President Donald Trump returned Saturday to one of his favorite spots -a campaign rally stage — defying the pandemic and attacking Democratic rivals at an event with crowds far smaller than promised. Gathering his political faithful for a much-hyped rally in Oklahoma, his first in three months, the Republican […]

Raphael Lekolool is the new managing director of Kenya Post Office Savings Bank (Postbank) effective June 1, ending a three-month delay in the recruitment process. Activist Okiya Omtatah had sued the bank over the delay in replacing Ms. Anne Karanja whose term initially ended in August. The extension of Ms. […]

Emirates SkyCargo, the freight division of Emirates has announced the resumption of its scheduled cargo services to Eldoret. The route will be served by Emirates’ Boeing 777-300ER aircraft, twice a week, this is in addition to the airline’s passenger freighter service to Nairobi. Emirates Cargo Manager, East Africa, Mr. Saeed […]

The Central Bank of Kenya (CBK) has postponed the Afro-Asia Fintech Festival 2020 that was scheduled for July this year, to July next year over the coronavirus pandemic. In a statement, CBK says it arrived at the decision following careful consideration of the pandemic and the utmost importance of the […]