Jambojet customers to pay for flights with Bonga points

[ad_1] Companies Jambojet customers to pay for flights with Bonga points Thursday, August 27, 2020 13:49 By BONFACE OTIENO Travellers board a Jambojet plane. FILE PHOTO | NMG  Jambojet customers can now pay for their flights using Safaricom’s #ticker:SCOM loyalty awards Bonga points as the low-cost carrier expands its payment channels to ease bookings under… Continue reading Jambojet customers to pay for flights with Bonga points

AfDB chief Akinwumi Adesina re-elected for second term

[ad_1] By MOHAMMED MOMOH The incumbent President of the African Development Bank (AfDB), Akinwumi Adesina, has been re-elected for a second five-year term after successfully fighting back allegations that had called into question his integrity.  The 60-year-old Nigerian was the sole candidate for the helm of the multilateral lender and was voted by the AfDB’s governors during its 55th annual meetings,… Continue reading AfDB chief Akinwumi Adesina re-elected for second term

Glovo Reports Rise in Sales & Cashless Payments During COVID-19 Period

[ad_1] Glovo has reported an increase in deliveries and cashless payments on its platform since the onset of COVID-19 in Kenya.  During this period, Glovo saw cashless payments via credit and debit cards increase by 50% while those made via mobile increase by 14% in Kenya.  Grocery orders in Kenya rose by 30%, while the… Continue reading Glovo Reports Rise in Sales & Cashless Payments During COVID-19 Period

Equity Bank Appoints Erastus Mwencha as Board Chairman

[ad_1] Equity Bank Kenya has appointed Ambassador Erastus Mwencha as its Board Chairman, taking over from Professor Isaac Macharia who was recently appointed Equity Group Holdings Board Chairman. Prior to his appointment, Ambassador Erastus Mwencha served as the Deputy Chairperson for the Africa Union Commission (AUC), overseeing the administration and finance of the Commission as… Continue reading Equity Bank Appoints Erastus Mwencha as Board Chairman

Gold scam suspect Jared Otieno gets his Sh. 30 million Porsche back

[ad_1] Jared Otieno Porsche: Suspected fake gold trader, Jared Otieno has won a court battle to get back his luxury car. This is after the High Court in Nairobi ordered that his Sh. 30 million Porsche Panamera (2015) be released. The order to have the vehicle released was made by Justice John Onyiego. He ruled… Continue reading Gold scam suspect Jared Otieno gets his Sh. 30 million Porsche back

I&M Holdings Half-year Net Profit Declines to KSh 3.2 Billion

[ad_1] Kenyan-based I&M Holdings, with a presence in 4 other regional countries, has posted a decline in Net Profit to KSh 3.2 Billion for the six months ended 30th June 2020. This is against a Net Profit of KSh 4.5 Billion over a similar period last year. With subsidiaries in Kenya, Tanzania, Rwanda, Uganda and… Continue reading I&M Holdings Half-year Net Profit Declines to KSh 3.2 Billion

Kenya becomes first country to be awarded safer tourism seal: The Standard

[ad_1] Kenya is the first country globally to be awarded the recommended status of the Safer Tourism Seal by Rebuilding Travel. The Cabinet Secretary for Tourism and Wildlife Najib Balala was presented with the award in a virtual event that was attended by global tourism leaders under the Rebuilding Travel umbrella, a global pro-tourism industry… Continue reading Kenya becomes first country to be awarded safer tourism seal: The Standard

No dividends for StanChart shareholders as profits dip – Kenyan Business Feed

[ad_1] Kariuki Ngari, Stanchart Kenya MD Standard Chartered Bank of Kenya (StanChart) half-year earnings dips to Sh3.2 billion from Sh4.7 billion in the same period last year. The 31.2 percent net profit drop in the half year ended June is blamed on higher provisions for coronavirus-related defaults and reduced income from loans. The lender did… Continue reading No dividends for StanChart shareholders as profits dip – Kenyan Business Feed

Free KCB Niko Waks Training For Youths Open For Applications – Kenyan Business Feed

[ad_1] KCB Foundation in partnership with MasterCard Foundation’s Young Africa Works is now accepting applications from Kenyans aged between 18 – 35 within the small and micro enterprises who would like to attain technical and entrepreneurial skills in Agribusiness, Manufacturing, and Construction. The programme targets to reach applicants within the small and micro enterprises in… Continue reading Free KCB Niko Waks Training For Youths Open For Applications – Kenyan Business Feed