[ad_1] NAIROBI, Kenya, May 31 – Kenya’s inflation accelerated to a new record of 7.1 percent in May as the cost of food and beverages continues...
[ad_1] NAIROBI, Kenya, May 31 – Car & General, the distributor for TVS motorcycles in Kenya has introduced two new models of the popular brand in...
[ad_1] NAIROBI, Kenya, May 31 – The rising number of the middle class, especially wealthy younger people seeking to invest in Europe drove a United Kingdom...
[ad_1] NAIROBI, Kenya, May 31 – If your dream is to build a home, but you do not know where to start, NyumbaMkononi says you can...
[ad_1] Nairobi, Kenya, May 31 – KCB Bank has been named as the ‘Best Bank in Sustainable Finance in Kenya 2022’ in recognition for its efforts in creating a more sustainable business enterprise through deliberate socio-economic interventions. The award announced by Global Finance, recognizes global, regional and local leadership in Sustainable Finance – funding for initiatives designed to mitigate the negative impacts of climate change, building resilience and help build a more sustainable future for humanity. The award comes at a time when there are calls for institutions to embrace sustainable practices through adopting the UN Sustainable Development Goals as a guide to assist in the attainment of reduced global net human-caused emissions of carbon dioxide by about 45 percent from 2010 levels by 2030, reaching net zero around 2050 Speaking to this achievement, KCB Group CEO Paul Russo said: “We are privileged to be the top mover of the Sustainability Agenda. The win reinforces our commitment to building a brand that is not only focused on profits alone but on the customers and the communities we serve. At the heart of our operations is the need to be able to optimize on our operations in order to create more efficient, sustainable industries that are considered the brands of the future.” KCB Group has been accelerating sustainable finance not only in Kenya but also across the region, consequently accelerating transition to a low-carbon resilient economy. Currently, the Group has set a target of transitioning 25% of its total loan portfolio to green investments by 2025, as part of its Net Zero ambition. On his part, Global Finance Publisher and Editorial Director Joseph Giarraputo, said, “The pandemic and energy-sector disruptions have heightened awareness on climate change risks, while technological innovations present new possibilities and offer new solutions to mitigate damage and build a sustainable future for all”. In 2021, KCB Group received a series of global accolades that recognizes the bank’s efforts in sustainable business. KCB was feted as the Best Sustainable Bank in Kenya by the International Business Magazine for its efforts in driving and ensuring the adoption of sustainable and green financing initiatives, Best Sustainable Bank by International Business Magazine, Best Retail Bank and Most Valuable Banking Brand by Finance Derivative, as well as the Most Valuable Banking Brand by Brand Finance. [ad_2] Source link
[ad_1] TUNIS, May 30 (Xinhua) — The Tunisian government has proposed urgent measures to cut the public sector pay in a bid to unlock a loan...
[ad_1] NAIROBI, Kenya, May 31 – Kenya is set to begin exports of flowers through the standard gauge railway (SGR) by the end of 2022, an...
[ad_1] KISUMU, Kenya, May 31 – Maize and sorghum farmers in Kisumu are staring at glaring losses this season after the African armyworms destroyed 60% of...
[ad_1] NAIROBI, Kenya May 31- The Kenya Association of Manufacturers has warned that the ongoing dollar shortage in the country poses a serious threat to the...
[ad_1] NAIROBI, Kenya May 30- Kenya’s national carrier, Kenya Airways (KQ) has announced that it will implement an exclusively cashless system effective June 1 2022 at...