At least Kenyans have repaid more than Sh37 billion out of a disbursement of Sh49 billion Hustler Fund loans, government has revealed.
Author: Victor Adar
Victor Adar
Victor Adar holds a Diploma in Mass Communication, Print, from Technical University of Mombasa. He has worked before for Reuters, Go Places travel magazine and Aden Associates International. As one of the old hands at NBM, having joined the team in 2012, Victor is one of the most reliable writers in the editorial team. He writes more on enterprise, corporate affairs, HR and technology.
Unionisable workers at listed company, Kakuzi have received a salary rise following the signing of a Collective Bargaining Agreement (CBA) with the Kenya Plantation and Agricultural Workers Union (KPAWU). The more than 3,350 workers at Kakuzi Makuyu operations site will enjoy a 16% general wage increase over the next two years, effective January 2024.
Pay TV service provider StarTimes has acquired broadcasting rights to air the Total Energies CAF Africa Cup of Nations set to kick off on Saturday, January 13 and end on February 11, 2024.
National carrier, Kenya Airways has been listed as the most punctual in the Middle East and Africa region as its rivals; Ethiopian Airlines, Egypt Air, RwandAir, Royal Air Maroc and South African Airways fail to make it to the 10 best list. In a statement published on its website on Thursday, January 4, the airline said it has been ranked as Africa’s second most efficient airline by aviation analytics company, Cirium, attaining an impressive 71.86% on-time arrival rate out of 41,905 completed flights in 2023. An on-time flight is defined as a flight that arrives within 15 minutes of…
In an interview, Mr Richard Monday told Nairobi Business Monthly that with the market still searching for the best, and affordable internet deals, the company’s focus is on onboarding new clients and connecting users with low purchasing power to the internet.
United Bank for Africa (UBA) hosted key government stakeholders, ambassadors and envoys from African missions present in Kenya to recognise diversity while promoting cooperation in financial services.
A webinar hosted by Cliffe Dekker Hofmeyr Kenya recently shed light on the intricacies of Kenya’s Tax Amnesty Programme introduced by the Finance Act 2023.
In a report, ENACT reveals that on a scale of 1 to 10, Kenya has an average of 7.02 and ‘lower resilience average’ of 5.33.
Malindi seems to be the most sought after region by billionaires. Investors have found it easier to pivot and set up villas and resorts in the small town.
A Kenyan business executive, Mr John Musunga, has been appointed to head Diageo Africa’s newly formed South, West and Central Africa (SWC) market. As part of a new operating model adopted by the brewer, Musunga, who has been heading the firm’s Nigeria subsidiary, Guinness Nigeria, since October last year and also serves as a non-executive director at East African Breweries Limited (EABL), is now set to assume the leadership role at Diageo SWC as the managing director, based in London. The firm has reorganised its operating region into three markets: EABL, which remains unchanged; Guinness Nigeria, marketing beer and mainstream…