KU referral hospital board chair Olive Mugenda resigns, CEO suspended

Kenyatta University Teaching, Referral, and Research Hospital (KUTRRH) board chairperson Prof Olive Mugenda has resigned. In a statement issued Tuesday, December 3, 2024, State House Spokesperson Hussein Mohamed said the entire board had also been dissolved, and the process of rebuilding was in progress. The Chief Executive Officer, Ahmed Dagane, has been directed to proceed […]

Continue Reading

Lecturers call off strike as government commits Sh9.7b

University lecturers, under the Universities Academic Staff Union (UASU), have formally agreed to return to work by Monday, after the signing of a return-to-work formula with the Inter-Public Universities Councils Consultative Forum (IPUCCF). This will see the 2021–2025 Collective Bargaining Agreement (CBA), valued at Sh9.7 billion, implemented in three tranches. While the first tranche of […]

Continue Reading

AKI launches guidebook on retirement benefits

The Association of Kenya Insurers (AKI) has launched a guidebook on the retirement benefits sector in Kenya. A first of its kind in the industry, the publication is a comprehensive resource for the retirement benefits sector. It focuses on the legal framework, retirement planning products, taxation and governance of retirement benefits schemes. The publication targets scheme […]

Continue Reading

Sustainable finance framework unveiled as banks shine in sustainability

When Kenya Bankers Association (KBA), in collaboration with IFC and WWF Kenya launched the revamped Sustainable Finance Guiding Principles and the Landscape of Sustainable Finance in Kenya’s Banking Industry Report on November 20, many thought it was a marketing gimmick. But when 26 banks were recognized at the KBA sustainability summit for their excellence in […]

Continue Reading

Absa opens branch at Kamakis in Ruiru to target emerging growth areas

Absa Bank Kenya, in its quest to extend reach, has opened a new branch in Kamakis, Kiambu County, strategically positioning itself to serve the banking needs of the emerging town and its surrounding communities. The new branch is a vital part of the Bank’s broader strategy to expand its distribution network, to foster financial inclusion while […]

Continue Reading

Kisumu to host continental investment conference

Kisumu City will host the 4th Sub-Sovereign Governments Network (AfSNET) Investment Conference from November 25 to 27, according to a statement issued by Africa Export-Import Bank (Afreximbank). The Bank said Tuesday, November 19, the conference aims to serve as a platform for advancing sub-sovereign intra-African trade, investment, and industrialisation. Along with strengthening current and new alliances […]

Continue Reading

What next for the lung cancer treatment?

AstraZeneca, in cooperation with the Moi Teaching and Referral Hospital (MTRH), has introduced a molecular testing platform to enhance lung cancer diagnostics to help lower cost of cancer treatment. The agreement, under AstraZeneca’s Cancer Care Africa (CCA) initiative, will strengthen the diagnostic capabilities in the public sector, providing Kenyan patients with access to technology to […]

Continue Reading

Bolt commits up to Sh14b for safety improvement

Ride-hailing company, Bolt, will spend Sh14 billion over the next three years to improve platform safety and increase awareness of its safety features. Bolt’s General Manager, Linda Ndungu, said the funds will support 500 specialists focused on proactive safety measures, timely case handling, and educational campaigns to promote in-app safety features. “Safety is a priority, […]

Continue Reading