PHOTO | BBC Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership. The two companies say the deal is now worth $5.8bn (£4.55bn) – up from an initial pledge from VW of $5bn. Shares in the US electric vehicle (EV) maker […]
Dr James Mwangi, Equity Group CEO. PHOTO | Courtesy Equity Group made Ksh 40.9 billion in net profit during the first nine months of this year driven by an 11PC growth in interest income. However, gross non-performing loans and advances increased by 0.7pc to Ksh 125.3 billion while non-funded income increased marginally to Ksh 58.3 […]
NCBA Bank has been ordered to pay United Kingdom based solicitor Sh250,000 for disclosing her data to a third party. Data commissioner Immaculate Kassait slapped the lender with the fine as compensation to the Kenyan and UK-based solicitor Rose Wambui Muigai. The ODPP noted that the lender failed to process personal data in accordance with […]
Vivo Energy Kenya, the Shell licensee in Africa, has launched a nationwide consumer education campaign focused on fuel quality to highlight its fuel additives technology. Shell, which was voted number one in the 2024 Consumer Awards, is the market leader in its category in Kenya, operating over 300 service stations across the country. The campaign […]
The national women’s sevens rugby team,Lionesses, lost to South Africa 19-10 in the final of the Africa Rugby Sevens Women’s Championship held at University of Accra grounds,Accra,Ghana. Enroute to the final Kenya had beaten Uganda 19-0 in the semi final. In the group stages Kenya beat Madagascar 22-17,hammered Mauritius 61-0,saw off hosts Ghana 10-5. […]
Pedro Neto drilled in a 22-yard equaliser as Chelsea and Arsenal played out an entertaining 1-1 draw at Stamford Bridge. The visitors opened the scoring when Gabriel Martinelli slammed the ball past Blues keeper Robert Sanchez at his near post after collecting a back-post cross from the returning Martin Odegaard. Chelsea’s leveller was deserved. […]
Golf administrators in the country are considering having one umbrealla body that will handle several facets of the game which include the amateurs, ladies, professionals and juniors. A new constitution that’s in tandem with the Sports Act 2013 will see the formation of a Golf Kenya Federation which will consolidate the functions of the […]
The national women’s sevens rugby team,Lionesses, beat Uganda 19-0 in the semi final of the ongoing Africa Sevens Championship at the University of Accra,Accra,Ghana. The win sets up Kenya against South Africa in the final scheduled Sunday evening.South Africa beat Madagascar 42-0 in the other semi final. Enroute to the knock out phase […]
Inter Miami’s Argentine forward #10 Lionel Messi controls the ball during the Major League Soccer (MLS) football match between Inter Miami and Charlotte FC at Chase Stadium in Fort Lauderdale, Florida, September 28, 2024. (Photo by Chris ARJOON / AFP) Lionel Messi’s goal of winning the MLS Cup title came to an abrupt end on […]
Deputy State House Chief of Staff Eliud Owalo and Sports Permanent Secretary Peter Tum led mourners in the final rite of the former Harambee Stars captain Austin ‘Makamu’ Oduor, who was laid to rest today at his home in Makunga village, Navakholo constituency of Kakamega county. Owalo, who chaired the steering committee for the late […]
Premier Bank offers the cheapest credit at a flat rate of 9pc for all categories of loans, according to the latest data from the Central Bank of Kenya (CBK). The data further indicates that Co-operative Bank of Kenya is the go-to bank if you are looking for a cheap overdraft among the largest banks in […]
The Kenya Revenue Authority (KRA) is seeking to register all mobile devices used in the country in a new push to ensure tax compliance. In a public notice issued earlier this week, the Communication Authority (CA) stated that all phone manufacturers, retailers and mobile network operators must upload the International Mobile Equipment Identity (IMEI) number […]
