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NCBA Closes 14 Branches After Sealing Merger

NCBA Bank Kenya has shut down 14 of its branches after sealing a merger deal with NIC Bank in 2019.The decision ...

PrideInn Set To Reopen, 1,000 Employees To Get Their Jobs Back

When PrideInn and Swiss Hotels International shut down as a result of the deadly Covid-19, more than 1,000 employees lost their jobs....

NTSA Working Towards Banning Use Of Cash For Fare

The National Transportation and Safety Authority (NTSA) is in the process of effecting a ban on cash payments on all Public Service ...

Emirates SkyCargo Resumes Scheduled Cargo Flights To Eldoret

Emirates SkyCargo, the freight division of Emirates has announced the resumption of its scheduled cargo services to Eldoret.The route will be ...

KRA Plans To Tax Netflix, Uber, Jumia Among Other Online Businesses

The Kenya Revenue Authority (KRA) will now go after Online businesses if a new regulation; the Digital Marketplace supply(Value Added Tax Regulations ...

Co-operative Bank Hired 263 Employees In 2019

The Co-operative Bank of Kenya announced that it employed 263 staff members after opening new branches in 2019.As we all know, ...

Equities On A Downward Trajectory For The Better Part Of May

During the month of May, the equities market was on a downward trajectory, with NASI, NSE 20, and NSE 25 declining by ...

Tuskys’ Suppliers Seek Government Intervention Over Debt Crisis

Tuskys Supermarkets have been hit hard by the Covid-19 crisis and its suppliers are now seeking intervention from the Government to ensure ...

Shilling Slightly Appreciates In May But Pressure Still High

The Kenyan Shilling Dollar Turnover Kenyan Shilling

During the month, the Kenya Shilling appreciated by 0.3 percent against the US Dollar to close at 106.9 shillings from ...

GoK Payments And Tax Refunds Ease Interbank Rate For May

Liquidity in the money markets eased during the month of May with the average interbank rate declining to 4.1 percent from ...

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