Friday, November 15, 2019
KCB takeover from NBK rejected

KCB Lends More on MPESA platform, Reports Ksh19.2 Billion Profit After Tax

KCB's total income was up 10% from KShs. 54.2 billion to KShs. 59.7 billion, with non-funded income increasing 16.9% attributable to the digital proposition, largely KCB M-PESA
KU Referral hospital Job opportunities

KU blasts Business Daily Over ‘Misleading’ Article on Research Hospital

"Our attention has been drawn to a story appearing on Business Daily November 13th, 2019 page two, with the headline 'KU faults Uhuru order on hospital status change.'

Kenyans Reject Social Media Bill In Public Participation

The organizations argued that the Bill failed to undergo prepublication scrutiny and that there are other laws in place that sufficiently covers the aspects being proposed by these amendments
Kenya Stowaway

Your Word Against Ours: KAA Disowns Stowaway who fell from Sky

According to KAA, a security multiagency team conducted investigations on the allegations that the stowaway worked at JKIA and confirmed that Paul Manyasi did not appear in the JKIA staff register
Equity at 35

Digitization Aside, Money is Still at the Counter as Equity Reports 17Bn Profit

Equity increased its lending to enterprises in the real economy by 21%, with loans and advances to customers growing to Kshs. 348.9 Billion
KCB takeover from NBK rejected

Commercial Banks Reduce Credit Risk Appetite For MSMEs

However, MSMEs generated revenues worth Ksh.58.3 billion for the banking industry, representing 15.5 percent of the total income generated by the banking industry,
Mobile Finance Loans

Kenya’s Mobile Financial Services Soar at Agency Banking Expense

Kenyans are slowly making the most of mobile money platforms without necessarily going through agency banking, popular for cash deposits, cash withdrawals, and account balance inquiries.

African Women Ranked Contraceptive Users With the Highest Growth

The use of modern contraceptives is growing fastest here in Africa. Family planning is like a basic right. It gives women a means to pan their life.
Uncapped Interest rate

Kenya Banks Commit to Non-predatory Lending post Interest Rate Cap Removal

Commenting on the repeal of section 33B of the Banking Act, Standard Chartered Bank CEO, Mr. Kariuki Ngari has reassured clients and the public that they will not see a spike in interest rates
Ajira Digital Program

Government Intros Income Tax For Ajira Program Beneficiaries

the government had proposed that the youth registered in the program should pay a registration fee of ten thousand Kenya shillings for the next three years in lieu of income tax with effect from 1st January 2020
Digital Economy taxes

Finance Bill Targets Digital Markets With VAT

The Act has amended the Income Tax Act (ITA) and the Value Added Tax Act (VAT Act) to clarify and broaden the scope of VAT and Income Tax in the sector. 
Influencer Marketing

Brands Fail Miserably When They Write The Script For Influencers

"Influencer marketing is a seasonal profession in Kenya and you can't fully count on it. It still a trial, and error kind of thing because there is no written script about it

#CampusLifeKe Memes Bring all the Comic Relief you Need, Here’s Some of the Best

The only enemy of progress were exams that saw everyone get switch into serious mode trying to escape from missing marks or retakes.
Jeff Kuria, Comedy Industry

Vernacular Comedy is A Game Changer, But Corporates Won’t See That – Inooro Presenter

Some comedy is told best in vernacular to hit closer home, a niche that is rich in content and very contextual but has not been fully exploited in the Kenyan Comedy Industry.
How to become the president of Kenya

Interest Rate Cap Repealed as Finance Bill Gets Presidential Thumbs up

The Finance Bill 2019, has been assented into law by President Uhuru Kenyatta. The Finance Act 2019, among other provisions, repeals section 33b of...

This Kenyan Ecommerce Company Lets Budding Entrepreneurs Have their Cake and Eat it has a platform that helps businesses set up their own shop online for deliveries both locally and internationally and receive payment across different platforms has cut for itself.