- Priscilla Gathungu has been appointed as the new Chief Executive Officer of Java House Group.
She started as a Human Resource Director at Java in March 2014 and has held different positions since then.
- •The lenders financials show that the Bank maintained a strong liquidity position of 43.2percent well above the CBK minimum requirement of 20.0percent.
•The results come at a time that the Mauritian bank group SBM Holdings wants to sell its Kenyan subsidiary five years after entering the market…
- Pubs, Entertainment and Restaurant Association of Kenya (PERAK) has threatened to lay off 13,000 of its permanent workforce if the government effects the ban on night club licenses in Nairobi.
- The Competition Authority of Kenya (CAK) has given a ray of hope to more than 3,000 workers of Karuturi Flowers after in approved its purchase by Shalimar Flowers Kenya Limited.
Under a new proposal, the assets of Karuturi that is currently under receivership will be taken over by Shalimar…
- It may sound like a story straight from a film script from just owning a laptop and an idea to landing a mega Sh30 million in prize money to scale up a tech start up.
- Last week, the National Treasury convert Sh87.8 billion worth of government securities that are due to mature in January
The total stock of domestic debt currently stands at Sh4.4 trillion, Sh3.6 trillion in bonds while the balance is in Treasury Bills.
- The lender grew profits to Sh12.8 billion from Sh6.5 billion in Q3
Apex banks globally use the interest rates as either a gas pedal or a brake on the economy when needed.