As the Kenya Kwanza administration took over the reins of administration in 2022, the elephant in the room was the high cost of living experienced by Kenyans in the run-up to the general election and that worsened afterwards. It then was no surprise that in October 2022, the Cabinet releasedContinue Reading
The Co-operative Bank has once again asserted its dominance by clinching the Overall Winner title at the prestigious Kenya Bankers Association (KBA) 2023 Sustainable Finance Catalyst Awards. This recognition is a testament to the bank’s unwavering commitment to excellence in sustainable financial practices. In an era where the principles ofContinue Reading
Co-operative Bank director of ICT & Innovation Charles Khacheso Washika has been crowned CIO of the year 2023. He has been honored with an award in recognition of his achievement this year. The CIO of The Year Award is a peer award where CIOs and judges nominate an individual whoContinue Reading
A Kenyan man ,43, convicted in the US for fraud has been granted permission to travel home in November to sell his properties so as to pay restitution. NTV Kenya reports quoting agencies. U.S. District Judge Nancy Brasel granted Mr Liban Alishire’s request to travel to Kenya for up toContinue Reading
Mater Hospital has been sued by its former deputy chief executive Dr. Stephen Gachie Macharia who also acted as the institution’s director of Operations and Administrative Services. Dr.Macharia has filed a case at Employment and Labour Relations Court at Milimani Law Courts Nairobi seeking Sh16 million for unlawful dismissal thatContinue Reading
NCBA Group and Visa, a global leader in digital payments, have announced a partnership to roll out an innovative solution dubbed Visa Spend Clarity for Enterprise for commercial card clients of NCBA. Visa Spend Clarity is part of Visa Commercial Solutions’ suite of products and services for business of all sizes. Visa Spend ClarityContinue Reading
1. House hacking House hacking is a term to describe purchasing a property with multiple units and living in one of those units while you rent out the remaining space. The other tenants will, ideally, pay your mortgage with their rent payments while you live for free. House hacking has becomeContinue Reading
The Environment and Land Court has given unregistered occupants of a parcel of land belonging to late tycoon Gerishon Kirima seventy days to vacate or face eviction on January 1. Nairobi-based Capital Fm reports quoting court filings and ruling The verdict was rendered on Monday in consolidated suits revolving aroundContinue Reading
NCBA Group, a financial services conglomerate with prominent shareholders from some of Kenya’s richest families, has announced plans to increase the cost of its loans. This decision comes as borrowers face mounting challenges in servicing their credit facilities. The move follows a previous increase in interest rates by the CentralContinue Reading
Moroccan real estate tycoon and Alliances Group founder, Alami Lazraq, has witnessed a substantial decrease in the market value of his stake in Alliances Developpement Immobiliere (ADI) following a recent decline in the company’s share price on the Casablanca bourse. Data tracked by Billionaires.Africa reveals that Lazraq, an influential figure in theContinue Reading