Friday, August 17, 2018
Kenya Power

AfDB to double funding for Kenya’s electricity access

Kenya Power will see its funding for the Last Mile Connectivity Project doubled as African Development Bank (AfDB) extends its support towards the Government - driven initiative for universal connectivity by 2020. See Also:  Kenya Power...
Chase Bank

SBM set to pump in money into Chase Bank deal

The State Bank of Mauritius will pump in more money to Chase Bank’s assets later this year. Andrew Bainbridge, Group CEO of SBM Holdings Ltd said the lender had pumped in capital last month and...
Alexander Forbes

NSE to train investors using Zamara index

Actuarial firm Zamara has partnered with the Nairobi Bourse to market its new index that helps investors know where to place their bets. The partnership meant to help in expanding financial literacy and improving investor...
Capital Markets authority

Real problems in real estate

Listed real estate companies are doing badly at the bourse led by Home Africa whose value has plummeted 93 percent. Both Stanlib Fahari I-REIT and Home Afrika closed the first half of 2018 with lower...
sbm chase bank

SBM to finally take over Chase Bank

The Central bank of Kenya yesterday announced that SBM will have six weeks to take over Chase Bank assets and liabilities. See also: How digitization will continue to support bank growth in Kenya Central bank Governor Dr....