The President of Kenya, William Ruto, has formally signed a contentious bill into law, creating a path for the government to continue collecting a housing levy of 1.5% of a worker’s monthly pay. The signing ceremony was conducted in State House Nairobi and attended by key government officials. The primary goal of the levy is […]
Adaora Umeoji has been named the Group Managing Director (GMD) of Zenith Bank Plc, with her appointment set to take effect from June 2024. This significant milestone marks her as the first female to assume the role of GMD in the bank’s history. Transitioning from her position as the deputy managing director at Zenith Bank […]
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On Wednesday, Access Bank and KCB Group signed a binding agreement to acquire 100 percent shareholding in National Bank of Kenya Limited (NBK) from KCB. The successful finalization of the transaction hinges on meeting standard conditions typical for such deals, which include securing regulatory approvals from bodies such as the Central Bank of Kenya, the […]