Premier Bank has partnered with Mastercard to introduce a collection of Shari’ah-compliant debit, credit, and prepaid cards. The fresh Premier and Mastercard suite will offer features including contactless payments and global acceptance, while also ensuring that all customers can access comprehensive financial services that align with their values and lifestyles. “We are excited to embark […]
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Minor Hotels, an international hotel owner, operator and investor with more than 550 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas, has added Anantara Stanley and Livingstone Victoria Falls Hotel to its portfolio in Africa. A debut for both Minor Hotels and Anantara Hotels and […]
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Leicester City hired Ruud van Nistelrooy as their manager on Friday following his impressive spell as interim coach at former club Manchester United, which included two wins over his new team. The 48-year-old van Nistelrooy joined on a deal until June 2027 and will take over a team in fifth-to-last place in the English Premier […]
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The Nairobi Expressway has posted a loss of Sh1.2 billion between July 2023 and June 30, 2024, despite an increase in traffic and higher toll fees. Latest data from the Treasury shows the expressway generated revenue valued at Sh4.6 billion for the period under review, compared to the operational costs totalling Sh.5.8 billion. As the […]
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The government is using technology and innovation to create jobs and tackle the unemployment challenge in the country, President William Ruto has said. He said not only will innovation scale up investments, but also position Kenya as a global innovation hub, while supporting start-up businesses and empowering the youth. He added that the goal is […]
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Bolt Food has unveiled “Early Cashout”, which allows courier partners to receive their earnings before the regular payout cycle. The new feature would allow partners to access their earnings in up to two businesses, effectively helping them to gain even greater control over their incomes. To receive cashout, partners simply need to tap the Early […]
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Future Construkt Investment Managers Ltd, subsidiary of a Mauritius-based asset management firm, Future Construkt Africa LLC, has been granted the Real Estate Investment Trust (REIT) Manager License by the Capital Markets Authority (CMA) of Kenya to mobilize institutional capital and implement its Kenya-focused real estate investment strategy. Future Construkt will center on the development of […]
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The Central Bank of Kenya has released newly designed currency notes, which include denominations of Sh50, Sh100, Sh200, Sh500, and Sh1,000, as part of an effort to update the country’s bank notes. In a statement issued on Wednesday, November 20, the regulator said the rollout of the new features, which started in August with the […]
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Airtel Money Kenya has signed a partnership with Naivas Supermarket that will allow Airtel Money customers to deposit and withdraw cash across Naivas branches countrywide. The deal is part of Airtel Money’s proactive strategy to expand its agent footprint and get closer to the customer. Speaking during the signing ceremony, Airtel Money Managing Director, Ms. […]
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KCB Group PLC has recorded Sh45.8 billion in profit after tax for the first nine months of the year on the back of sustained revenue growth. This was a 49 per cent growth from Sh30.7 billion posted a similar period last year. Revenues increased by 22 per cent to Sh142.9 billion, bolstered by both funded […]
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