Equity Bank has announced the resignation of Anthony Kituuka as the Managing Director of Equity Bank Uganda, effective November 28, 2024. In a statement, the bank confirmed that its Board of Directors has accepted Kituuka’s resignation. “The resignation has been accepted by the Board of Directors, and Kituuka will serve his notice period to allow […]
The government has announced stricter regulations for importing second-hand vehicles, allowing only those first registered from January 1, 2018, onwards. In a notice issued by the Kenya Bureau of Standards (KEBS), only Right Hand Drive (RHD) vehicles that meet the eight-year age limit from the date of first registration will be permitted entry into the […]
The Nairobi Expressway made a loss of Sh1.2 billion in the past financial year, underscoring the risk in Public Private Partnerships (PPPs) as an alternative to traditional financing models. Data from the Treasury shows that the expressway generated revenue worth Sh4.6 billion from July 1, 2023, to June 30, 2024, compared to the operational costs […]
The World Macadamia Organisation (WMO) confirmed ongoing plans to support the macadamia industry through growing demand for the superfood in the global market. Speaking at the start of a weeklong source market familiarisation visit to Kenya, WMO Chief Executive Officer Jillian Laing, while touring Kakuzi PLC Macadamia Orchards in Murang’a County, said the organisation is working […]
The Kenya Tea Development Agency (KTDA) has confirmed that smallholder tea farmers under its network will receive their fertilizer suspense refunds in January 2025. In a statement issued on Thursday, November 28, the KTDA noted that the refunds would be disbursed alongside the Green Leaf (GL) payments scheduled for early January. The agency further clarified […]
Coaching plays a crucial role in developing high-performing call center agents. By providing personalized and targeted coaching, call center managers can transform the performance of their agents, leading to higher customer satisfaction and improved business results. This blog post will delve into effective coaching methods and explore how to apply them to help call center […]
The Capital Markets Authority (CMA) announced Wednesday it had approved Safaricom PLC to establish Ziidi Money Market Fund, a new investment scheme that seeks to disrupt the market. In a statement, CMA noted that the MMF will be available on the M-pesa platform hence making it easier for its customers to grow wealth through capital […]
Creating durable, aesthetically pleasing spaces is a cornerstone of architectural design, especially in commercial and industrial environments. Among the materials that meet the demands of longevity, functionality, and style, stainless steel stands out. Stainless steel doors, in particular, have emerged as a staple in modern construction, offering unmatched benefits that ensure spaces remain both functional […]
Central Bank of Kenya (CBK) Deputy Governor nominee Gerald Arita Nyaoma Monday vowed to fight money laundering and institute measures to counter the financing of terrorism. Appearing before a joint committee of Parliament for vetting, Nyaoma, an experienced financial expert, said curbing the vices is at the centre of his agenda to reform the country’s […]
The High Court quashed a public notice issued by Safaricom in October 2022 that introduced expiry dates on its loyalty program popularly known as Bonga Points. Justice Chacha Mwita at the same time prohibited Safaricom from giving effect to the notice which purported to introduce expiry dates on Bonga points service of more than three […]
Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), has announced he will resign on January 20, the day of President-elect Donald Trump’s inauguration. Gensler confirmed his departure on social media platform X, saying, “I thank President Biden for entrusting me with this incredible responsibility. The SEC has met our mission and […]
Having a bank account in this interconnected digital world provides convenience and allows us to save time. Bank accounts encourage you to manage your finances while keeping your money safe. Whether you want to save money, pay fees and bills, or receive an amount for a loan, performing these tasks is not a problem if […]
