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Equity Bank has announced that it has officially completed its acquisition of Banque Commerciale Du Congo DCDC at a cost of Ksh10.2billion. The deal that was announced last year 2019 November has seen Kenya’s Equity Bank acquire 66.53% stake in the DR Congo’s oldest Bank, BCDC, which was established […]
Documents seen by The Star newspaper today indicates that the struggling and loss making Kenya airways paid 5 consultants up to a tune of ksh400.2million in salaries in only 13 months. The consultants are from Poland and were hired in 2017 to help revive the airline that was collapsing. The […]
List of Kenyan Banks 2019-2020 (List will be updated) Tier 1 Kenya Commercial Bank 1896 Equity Bank 1984 (originally) Barclays Bank 1916 Standard Chartered Bank 1911 Cooperative Bank 1872 Commercial Bank of Africa 1962 Diamond Trust Bank 1945 Tier 2 8. Bank of Africa Kenya 2004 9. Eco Bank […]
The Cooperative Bank of Kenya has received a green light to acquire a 90% stake in the struggling Jamii Bora Bank. The Centrak Bank of Kenya and The treasury have given Coop Bank the greenlight to acquire the stake by August 21st 2020. “CBK welcomes this transaction which will diversify […]
By Business Daily Africa The procurement regulator has approved a billion tender awarded by the Konza City Development Authority to build a conference facility paving the way for the project to start. The authority awarded Kenyan developer, Parklane Construction Limited the contract on June 26 this year after bidding Sh1.43 […]
