Oct 7, 2014

CIC Insurance Group medium term note raises KES 6.34 Billion

The CIC Medium Term Note Program has raised KES 6.34bn, an over-subscription of 111pc over the initial issue of KES 3bn. In a statement, Group Chief […]
Oct 7, 2014

Wananchi Group to invest KES 11.6bn in new expansion plan

Wananchi Group, owners of the Zuku Fiber, Zuku pay TV and Simbanet business services brands, today announced the closure of a KES 11.6bn (US$130 million) financing […]
Oct 2, 2014

NBK to start financing real estate developers from the diaspora

National Bank is building a portfolio of providers that will enable them meet the financial requirement of a growing diaspora market wishing to invest in Kenya’s […]
Oct 2, 2014

Online payment system for hospitality industry launched

An online payments solution providers, 3G Direct Pay and Payoneer have signed a new partnership agreement to provide lower-cost, more secure and easier means of making […]