Business

Absa Bank Inflates ATM Card Withdrawal Charges Without Customers’ Consent.

Earlier this year, Absa bank Kenya published its updated fee schedule for banking customers in 2020 showing price cuts in withdrawal fees and entry-level...

Harambee SACCO gets a relief as cooperative bank helps in instant card issuance to its members

One of the leading Savings & Credit Co-operatives in Kenya, Harambee Sacco has today launched instant card-issuance to members.This means that members of...

Cooperative bank, I&M tops bank rating research for first quarter

Kenya’s banking sector showed resilient performance despite the tough operating environment which was largely attributable to persistent revenue diversification. This is according to an...

Tribal war hits Safaricom as senior managers ‘reject’ new CEO Peter Ndegwa, company may fall after years of success

The hurried appointment of Safaricom CEO Peter Ndegwa has come back to haunt the board. Insiders say that enraged and bitter Vodafone stakeholders who missed...

ex Capital Markets Authority boss Paul Muthaura appointed COO of ICEA Lion Insurance

Current Capital Markets Authority (CMA) chairman James Ndegwa has appointed Paul Murithi Muthaura, the former CMA CEO as the chief operating officer (COO) of...

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