KCB Bank Commits KShs. 10M for Fintech Summit

KCB Bank Chief Operating Officer Mr Samuel Makome hands over a dummy cheque of Kshs 10 million to CBK Governor Dr Patrick Njoroge. The money will go towards facilitating the Afro Asia FinTech Festival 2019, a first of its kind in the region.   KCB Bank Kenya has today committed KShs. 10 million to the Afro-Asia Fintech Festival 2019, a first of its kind in the region which will be held next week. The funds will go into supporting the mega financial technology (Fintech) summit being hosted by the Central Bank…

KLM launches flights to East Africa on its newest aircraft

The global aviation industry has embarked on major initiative geared toward reducing carbon dioxide emissions in its operations. The initiative under the banner ‘Fly Responsibly’ is spearheaded by international carrier KLM. It seeks to bring together global aviation actors – airlines, partners, customers and employees – to play a more active role in reducing carbon dioxide emissions. The global aviation industry contributes an estimated 2 – 3 per cent of the man-made CO2 emissions in the world. The overall goal of the ‘Fly Responsible’ initiative is to rally aviation industry…

PRIDEINN PARADISE NAMES NEW GENERAL MANAGER

PrideInn Group of Hotels has broken the gender barriers by hiring for the first time a female head for its prestigious PrideInn Paradise Beach Resort & Spa in Shanzu. Ann Peggy, a former, Jacaranda Indian Ocean Beach Resort operations manager has been appointed as new General Manager for PrideInn Paradise Beach Resort, Convention Centre & Spa. She will be tasked with creating a new vision for the beach resort and setting direction to capture a wide range of the market from luxury travelers to free independent travelers, meetings, incentives, conferencing…

Angeliqua Rivera wins 2019 edition of Diageo World Class Kenya

Curtains came down at the Diageo World Class Bartending competition with the winner landing the chance to represent Kenya in the international competition in Glasgow, Scotland Now in its fifth year in Kenya, the World Class Bartender of the Year competition seeks to upskill bartenders and mixologists through a rigorous training regimen after which they compete for the right to represent Kenya in the international competition. The competition, which started in May, saw 42 of Kenya’s bartending elite go through an educational masterclass dubbed the ‘World Class Studios 2019′. After…

Business most trusted entities in Africa, Report

Government is the least trusted institution according to a recently released survey from ten African countries The report titled Annual Trust Barometer ranked businesses as the most trusted institutions in Africa. Produced by E-Plus in Partnership with Edelman, Gina Din Group and KEPSA the report in its  19th  edition sampled 10 African countries Kenya, Morocco, Egypt, Nigeria, South Africa, Cote d’ Ivoire, Ghana, Tanzania, Ethiopia and Angola. However, trust in Media amongst the 10 African countries exceeds the global average of trust in Media. Business is the most trusted in…

One year more for general in the office

President Uhuru Kenyatta on the advice of the Defence Council has extended the term of service for the Chief of the Defence Forces General Samson Jefwa Mwathethe for one year effective 6th May 2019. According to a statement by KDF spokesperson Bogita Ongeri Monday, the President at the same time also upheld recommendations by the Defence Council, Chaired by Defence Cabinet Secretary Amb Raychelle Omamo various promotions, appointments and postings of the officers of the Kenya Defence Forces. Major General Adan Kanchoro Mulata was promoted to Lieutenant General and appointed Commandant…

Co-op Bank to offer up to 95% financing for purchase of Isuzu vehicles’

By Amos Mburu Through asset financing, Cooperative Bank of Kenya and local vehicle assembler Isuzu East Africa (Isuzu EA) has agreed to work together with business community to accelerate economic growth. In the partnership, Isuzu customers are set to enjoy Ksh 300,000 working capital to empower their business payable in 12 months, a 60-day repayment holiday that will allow SMEs to generate monthly installments, the lowest market negotiation fee of one per cent and the longest re-payment period of 60 months in the market. Also read:Co-op Bank Leasing firm awarded…

Crawford International School Open doors at Tatu City

By Amos Njau Crawford International School has opened its doors in Kenya at the prestigious Tatu City, in response to the rising demand of a high-quality education. With a capacity for 1 700 students, Crawford International School is part of South Africa’s JSE-listed ADvTECH Group, Africa’s largest private education provider. The group recently acquired the Makini Group of Schools in Nairobi and Kisumu marking the start of a five-year expansion strategy in the East African region. Speaking during the official opening ceremony, Ms. Jenny Coetzee, Managing Director said Crawford International…

Thika College offers scholarship to needy students

By Barbra  Onkoba MIPS Institute of Professional Studies Thika, a new entrant in the region and with Branch in Mombasa has offered a full scholarship to 50 needy students to pursue business and artisan courses. Situated at South Haven, Uhuru Street next to G4S offices, the school offers Diploma, Certificates and Artisan courses to any student with a mean grade from D in certificate and diploma for above. Speaking during the orientation exercise, the school managing director and the founder Mr. George Maina said the gap in the education sector…

Co-op Bank feted as Best Bank in Kenya at EMEA Finance Awards 2018 in London

By Barbra Onkoba The Co-operative Bank has been feted as the Best Bank in Kenya 2018 at this year’s EMEA Finance Awards. The EMEA Finance Awards are given to banks which, through their client focus and steady management, continue to increase profits, deliver credit to the retail and wholesale markets, and support local and transnational corporations do business. Also read:Xpress Money partners with Co-operative Bank to ease business operations The award gala was hosted in London, with Co-operative Bank Head of Investor Relations & Strategy James Kaburu and Co-op Bank…