Kenya, East Africa CEOs among most optimistic in the world

Nairobi, March 23 -- Kenyan and East African chief executives are among the most optimistic industry leaders in the world after a global survey found that a majority are more confident of economic gro... Read More

DTB opens new branches in Nairobi and Kiambu

Nairobi, March 22 -- Diamond Trust Bank (DTB) has opened three new branches as part of an expansion drive to bring products and services closer to customers. The physical outlets located in Baba Dogo... Read More

Lufthansa appoints South African as new East Africa boss

Nairobi, March 21 -- German carrier Lufthansa Group has appointed South African Kevin Markette as the new general manager for the East African region effective March 1 2023 after the airline relocated... Read More

Unit trusts: How not to lose your hard-earned cash

Nairobi, March 21 -- Over the last few years, Kenyans have been increasingly turning to unit trusts, which are pooled funds run by investment schemes, as their personal finance investment vehicles owi... Read More

Centum trades 4.9m units as stock buyback continues

Nairobi, March 21 -- Investors have traded a cumulative 4.9 million shares of Centum Investment Company Plc worth Sh44.5 million since the firm opened its stock buyback programme on February 6. The v... Read More

Mobile phone lenders' loan book hits half a trillion

Nairobi, March 16 -- Digital lenders have disbursed over Sh500 billion in loans to small traders and low-income households in the last eight years, pointing to the proliferation of quick credit mobile... Read More

Britam turns to telematics in pricing vehicle policies

Nairobi, March 16 -- Insurance group Britam Holdings has begun using a new technology tracking drivers' data and behaviour to better segment and price its policies in the motor vehicle business that h... Read More

Egyptian venture fund raises Sh12bn for Africa tech deals

Nairobi, March 16 -- Egypt-based venture capital firm Flat6Labs has announced a new Sh12.3 billion ($95 million) fund to invest in early-stage tech start-ups in Kenya and other African countries. The... Read More

Rolls-Royce appoints John Kelly as new Africa boss

Nairobi, March 14 -- Rolls-Royce Plc has appointed John Kelly as the President of Middle East, Turkiye and Africa (META), which will see him head the operations of the civil aerospace business and sup... Read More

Absa Bank: Shift from dream home to affordable investment

Nairobi, March 8 -- For years, owning a home through a mortgage in Kenya has been seen as an unsuitable investment, with bankers tying this to the desire for a 'dream home' against low uptake in the c... Read More