Mauritius Commercial Bank (MCB) has appointed Felix Gichaga as its Chief Representative Officer in East Africa, signaling its push for a stronger presence in the region. Gichaga, a seasoned banking expert, brings deep knowledge of the African financial sector. His focus will be on expanding MCB’s footprint in Kenya and East Africa by strengthening partnerships […]
East Africa’s Trade Struggles: High Costs, Poor Infrastructure, and Missed Opportunities
East Africa’s trade potential remains largely untapped due to serious challenges in infrastructure, financial access, and economic diversification. A new report by MCB Group highlights the hurdles preventing African nations from reaping the full benefits of intra-continental trade. Trade Costs Remain High Shipping goods within Africa is often more expensive than importing from overseas. Moving […]
KCB Foundation Launches Poultry Farming Training Program
The KCB Foundation, in partnership with KCB Bank and Kenchic Day-Old Chicks, is offering a training program for poultry farmers in select counties. This initiative aims to equip farmers with skills to improve productivity and profitability. KCB Foundation Launches Training Program to Empower Poultry Farmers The KCB Foundation, in partnership with KCB Bank and Kenchic […]
KCB Foundation Offers Vocational Scholarships for Kenyan Youth
The KCB Foundation, in partnership with Mastercard Foundation, is offering scholarships for vocational training courses in February 2025. This initiative aims to equip young Kenyans with practical skills for employment and entrepreneurship. Courses Available The scholarships cover training in: Plumbing Electrical installation Automotive engineering Hairdressing and beauty therapy Welding and fabrication Hospitality and catering Agriculture […]
Co-op Bank Offers Up to Ksh 9 Million in Unsecured Personal Loans
Co-op Bank is making it easier for salaried individuals to access financing through its Co-op Salary Account, offering up to Ksh 9 million in unsecured personal loans with a repayment period of up to 120 months. With just a payslip, individuals can qualify for financing to meet various financial needs, including education, medical expenses, asset […]
Co-op Bank Reports 4.4% Profit Rise to KSh 19.2 Billion for September Quarter
The Cooperative Bank of Kenya posted a 4.4% increase in net profit for the nine months ending September 2024, with earnings reaching KSh 19.2 billion. This growth, from KSh 18.39 billion in the same period last year, was driven by a 12.3% rise in net interest income to KSh 36.87 billion and an 8.2% increase […]
10/10: Safaricom CEO Peter Ndegwa Reveals How Company is Transforming Lives with Data, Voice, and Hustler Fund
Safaricom PLC is the leading telecommunications company in the country, with over 35 million subscribers and a market share of 65.7% as of December 2022. The company is known for its innovative products and services, such as M-PESA, the mobile money platform that has transformed the lives of millions of Kenyans. Safaricom is also a […]
How to challenge yourself financially; avoid wash wash
HOW TO CHALLENGE YOURSELF FINANCIALLY 1. Convert your monthly salary into a global currency, the US Dollar or the Sterling Pound to see how you are fairing on globally 2. Break down how much you earn per hour. How is your pay hourly? 3. Ask yourself besides paying bills, what else are you doing with […]
How Safaricom CEO Peter Ndegwa can be remembered after his term ends in 9 years time
By Empraim Njega I saw a post where there was hot debate about the Safaricom CEO. The question was on how he will be remembered when his tenure ends ten years later on. There were fears that his presence is yet to be felt. While Safaricom might seem a mature company, I think it is […]
WHAT NEXT for Cytonn investors? lost fortunes
By Ephraim Njega via FB I have watched a video by KTN titled Sunken Fortunes with respect to Cytonn. In the video, a lady who invested KShs 2.9 million of her late husbands pension is in tears. She lost her job due to coronavirus pandemic. She got into depression and is on medication. All this […]
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