Isuzu and Family Bank partnership to finance institutions 100%

Dubbed Isuzu Strong, Kenya Strong, the asset finance agreement between Isuzu East Africa and Family Bank, is designed to cushion SMEs from the economic slow-down caused by Covid-19.  The partnership will enable Small and Medium-Sized customers in the agribusiness, trade and logistics businesses to conveniently purchase Isuzu pickups and trucks at competitive interest rates. Schools and churches will be able to access 100 per cent financing while PSV owners can access up to 80 per cent financing. The loan will be payable within 60 months accompanied with a 90-days repayment…

DIB BANK KENYA DONATES FOOD TO VULNERABLE FAMILIES 

Ramadhan is well known all over the world as a season of prayer and fasting for our Muslim brothers and sisters. It is also a time when Muslims reflect on their lives and purposely focus on positivity.  Ramadhan is also a season of cheer. People come together and break the fast as they share meals. Ramadhan was however different this year. The world is facing a pandemic; one that has brought socio-economics challenges to the world and has rendered many jobless. A pandemic that has robbed the Muslim community the cheer in…

KETRACO partners with universities to empower vulnerable girls

The Kenya Electricity Transmission Company Limited, KETRACO has partnered with Kenyatta University to offer scholarships to girls from vulnerable families across the country. The partnership will see KETRACO pump resources into the program dubbed KETRACO Scholarship for Orphans and Vulnerable Students (KSOVS). Over the next five years vulnerable female students in KU’s Electrical or Civil Engineering faculty are set to be beneficiaries of the initiative. Speaking during the Memorandum of Understanding (MoU) signing ceremony, KETRACO’s Managing Director FCPA Fernandes Barasa hailed the initiative as attempting to bridge the engineering skills gap in…

KETRACO partners with universities to bridge engineering skills among vulnerable girls

The Kenya Electricity Transmission Company Limited, KETRACO has partnered with Kenyatta University to offer scholarships to girls from vulnerable families across the country. The partnership will see KETRACO pump resources into the program dubbed KETRACO Scholarship for Orphans and Vulnerable Students (KSOVS). Over the next five years vulnerable female students in KU’s Electrical or Civil Engineering faculty are set to be beneficiaries of the initiative. Speaking during the Memorandum of Understanding (MoU) signing ceremony, KETRACO’s Managing Director FCPA Fernandes Barasa hailed the initiative as attempting to bridge the engineering skills gap in…

Absa Appoints Charles Njenga Murito as Its Independent Non-Executive Director

ABSA Bank Kenya has appointed Charles Njenga Murito as its independent non-executive director. ABSA board chairperson Charles Munene announced in a statement that Murito will be taking up his new duties immediately. “I am pleased to announce the appointment of Charles Njenga Murito as Independent Non- Executive director in Absa Bank Kenya Plc with effect from 24 June 2020,” said Munene. Murito is currently the government affairs and public policy director for Sub- Sahara Africa at Google, a job that he started in February this year. He holds an MBA…

CBK extends its COVID-19 Emergency Measures on Mobile Money Transactions

Central Bank of Kenya has extended the time frame of the mobile money transactions emergency measures it effected in March this year to December 31, to combat the spread of the coronavirus. In a statement, CBK says the measures, which include the elimination of charges on transactions of up to Sh1, 000, have been effective and will remain in force. CBK said it had noted that the measures were timely and highly effective in facilitating official and personal transfers at a time of great need. At the same time, the…

BAT KENYA LAUNCHES NEW EVOLVED STRATEGY AND IDENTITY AS IT UNVEILS NEW KSH 2.5 BILLION TOBACCO-FREE ORAL NICOTINE FACTORY.

 British American Tobacco Kenya plc (BAT Kenya) today held it’s 68th Annual General Meeting (AGM) where the Company unveiled its new corporate purpose: to deliver a better tomorrow by reducing the health impact of its business. BAT Kenya’s KSh 2.5bn investment in a world-class modern oral nicotine factory is evidence of the resources that the company is willing to put behind its ambition. The factory is on track to open in Q3 2020 and will be a first of its kind in Africa, serving as a potential export hub for…

MAKINI SCHOOLS LAUNCHES NEW PHASE OF UPGRADED E-LEARNING OFFER

The e-learning offer, which is available to all Preschool, Primary and High School learners, has been put together to ensure we maintain our ethos of educating the whole child and continuing to provide excellence in academics. Makini Schools this week launched phase two of a newly designed and more engaging high-quality e-learning offer that covers revision, life skills, assessments and new engaging content to keep the over 2,500 enrolled learners on track with their educational journeys. The e-learning offer, which is available to all Preschool, Primary and High School learners,…