Business
Benefits to cooperative bank after acquiring 90% of Jamii Bora bank
Co-op Bank has been pleased to note that the shareholders of Jamii Bora Bank, have pursuant to an Extra Ordinary General Meeting held on 1st July 2020 unanimously approved Co-op Bank’s offer to acquire 90% of the bank. This will be through the subscription of 224,153,154 new class of Ordinary…
Read More »Fraud: Absa Bank Inflates ATM Card Withdrawal Charges Without Customers’ Consent.
Earlier this year, Absa bank Kenya published its updated fee schedule for banking customers in 2020 showing price cuts in withdrawal fees and entry-level banking. The Kenyan banking market had become highly competitive in 2019, particularly with host of new accounts targeting the entry-level (typically low-income) markets. Following a Kenyan…
Read More »Cooperative, I&M Bank lead in top performing financial institutions in 1st Quarter
Kenya’s banking sector showed resilient performance despite the tough operating environment which was largely attributable to persistent revenue diversification. This is according to an analysis of the financial performance of listed banks done by the Cytonn Financial Services Research Team for the first quarter of this year. The report has…
Read More »“Services will be streamed on Digital Platforms” – Rev Natasha
The Nairobi City preacher Rev Lucy Natasha founder and overseer Miracle Monday services located at 680 hotel along kenyatta Avenue has offered an alternative in her minesterial service. Apparently despite the strict directive issued by the government to keep off from social gatherings , Rev Natasha will be streaming live…
Read More »No transaction cost for any amount below 1000 on MPESA, Safaricom declares
Safaricom on Monday announced that it will waive fees for M-Pesa transactions below Sh1,000 following the outbreak of coronavirus. The giant telecommunication firm CEO Michael Joseph said they arrived at the decision after meeting with Central Bank of Kenya Governor Dr. Patrick Njoroge and other industry players to discuss the…
Read More »8-year-old boy highest YouTube earner with Ksh.2.6 billion
-Eight-year-old Ryan Kaji has been named as the highest YouTube earner this year, after he received Ksh. 2.6billion. According to Forbes, the boy has 22.9 million subscribers. He reviews toys on YouTube with his mother Loann Kaji, father Shion Kaji and twin sisters Emma and Kate. His channel is among…
Read More »How MKU chairman Simon Gicharu rose to being a billionaire without stealing from the public
By Albert Nyakundi Amenya aka Banana Peddler People say Kiambu County produces the highest number of thugs per square kilometer. Well, that is debatable. Nonetheless, Kiambu County has as well produced the highest number of greatest men in this country. One of those men is MKU Chairman Professor Simon Gicharu.…
Read More »Kisumu port, a fat lie amid demolitions in the lakeside city
Gordon Opiyo I watched this Citizen TV Report about Treasury denying that they approved Money for the Kisumu Port. It was four days ago. I seethed in anger, and decided not to write anything, since I would have used emotional words. I declare my interest by stating that I was…
Read More »Amazon Echo Devices and Music Unlimited Launched
I recently had the enviable task of reading nearly every story Richard Matheson ever wrote and selecting 33 tales to be included in Penguin Classics’ The Best of Richard Matheson. This turned out to be like stepping into a time machine, transported back to the age when I started reading…
Read More »Google India’s New ‘Posts’ Feature Lets Verified Users
I recently had the enviable task of reading nearly every story Richard Matheson ever wrote and selecting 33 tales to be included in Penguin Classics’ The Best of Richard Matheson. This turned out to be like stepping into a time machine, transported back to the age when I started reading…
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