Friday, June 2, 2023

Institut Pasteur de Dakar and Mastercard Foundation announce Unprecedented Partnership to Expand Workforce for Vaccine Manufacturing in Africa


Institut Pasteur de Dakar and Mastercard Foundation  announce Unprecedented Partnership to Expand Workforce for Vaccine Manufacturing in Africa

DAKAR, Senegal, African Media Agency (AMA)/- The Institut Pasteur de Dakar (IPD) and the Mastercard Foundation have announced a historic $45 million partnership named MADIBA (Manufacturing in Africa for...

Thursday, June 1, 2023

Micro lender stopped from selling house in Sh3.8m row


The High Court has barred Mwananchi Credit Ltd from auctioning a house in Nairobi's South C area after the owner challenged the bid. FILE PHOTO | SHUTTERSTOCK  

By SAM KIPLAGAT More by this Author

The High Court barred Mwananchi Credit Ltd from auctioning a house in Nairobi's

CBK clears 33 banks for risk-based loans


Absa Bank along Muindi Mbingu Street in Nairobi. The bank said it would implement the risk pricing model in the second half of 2023. FILE PHOTO | EVANS HABIL | NMG

By KEPHA MUIRURI More by this Author

The Central Bank of Kenya (CBK) has given the nod to 33 out of 39 commercial banks to implement lending to customers based on their risk profile.

Nairobi exchange’s data revenue rallies to Sh93m


Nairobi Securities Exchange. FILE PHOTO | DIANA NGILA | NMG   

By ELIZABETH KIVUVA More by this Author

Nairobi Securities Exchange recorded a 78.3 percent surge in revenue from the sale of data in the year ended December, with the bourse operator attributing the performance to marketing targeting local and international investors.

I&M injects Sh821m in Ugandan subsidiary to shore up capital


I&M Bank building along Kenyatta Avenue, Nairobi. FILE PHOTO | NMG

By PATRICK ALUSHULA More by this Author

I&M Group last year invested an additional Sh821.26 million in the Uganda unit, pointing to the continued focus on complying with the...

Beware of value traps that look attractive but costly in the end


Every investor wants to find a company that’s a great bargain, but sometimes, not all awesome bargains are what they seem. FILE PHOTO | POOL   

By RUFUS MWANYASI More by this Author

June 2, is the National Fish and Chip Day. Please allow me to share a fun fact about fish: did you know that fish are actually very smart and can learn?

Kenya’s 60 years via lens of writer


The collapsed Rural Urban Credit and Finance Limited was among the many politically correct banks. FILE PHOTO | NMG    

By JAINDI KISERO More by this Author

Kenya is 60 years old and I thought it was an opportune time to attempt a brief contemporary economic history of the country from the lens of a veteran scribe- a fly