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Development Bank of Kenya (DBK) opens new branch in Mombasa as it aims to expand its operations to various counties in the country

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Development bank of Kenya chairman, Ndungu Githinji (L) , Chief Executive Officer and Managing director Johnson Kiniti (R) and Mombasa County Executive committee member for Finance and economics Evans Owanda (C) during DBK Mombasa branch opening  NAIROBI, Kenya Sep 29... The strategic move aligns with the bank's strategy to enhance their customers base and further solidify the banks presence in the ever growing Kenyan banking sector Mombasa county government executive committee member for finance and economics Mr Evans Owanda , Mr Ndungu Githinji who serves as Chairman Development bank of Kenya as well as bank's top management personnel are among Officials who graced the opening ceremony  "The opening of this branch in Mombasa county marks another significant stride in our strategic expansion across the country with our unwavering commitment to serve our customers and fulfilling their diverse needs"  said mr Ndungu Githinji chairman Development Bank of Ken...

Kenya Airways set to increase flights to London to 14 times weekly

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NAIROBI, Kenya Sep 28... Kenya's national carrier, Kenya airways (KQ) has introduced two daily flights to London from 29th October 2023 "The airlines customers can now choose between a morning flight through KQ 100 and an evening flight through KQ 102 allowing more travel options, convenience and flexibility" reads a statement  Kenya airways has been operating its flights to London since its inception as a gateway to United Kingdom (UK) for business travel, leasure travel , trade and education  In addition KQ will deploy the Boeng dreamliner B787 on the route bringing the total flights per week to 14 up from 10 flights  "The additional weekly flights will cater to increase market demand for the route and growing passenger demand" the statement reads further

Thirty administrators selected to cascade Radical shift within NGOS structure

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Principal secretary, State department of Interior and security Raymond omollo NAIROBI, Kenya Sep28... The plan encompasses an array of transformative interventions designed to elevate every section of the society with citizens and communities at the lowest level of the social ladder  "We have set about cementing the position of National government Administrative officers  (NGOs) as the driving force behind these strategic interventions and save an environment where every single mwananchi will not only thrive but also contribute meaningful to our collective prosperity" read a statement  In addition the government has conducted a re-orientation programme for the officers with the intend to infuse a lead by example mindset across the structure and ensure  effective, efficient and responsive services at all levels  "To kickstart the process we have launched a training for thirty trainers of trainers (TOTs) who will be taken through organisation and funct...

Family bank rolls out exclusive women banking proposition to drive financial inclusion

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NAIROBI, Kenya Sep 25... Family bank has set aside 50 billion on program dubbed 'queen Banking' kitty for the next two years to cater for diverse individual and business needs of women to promote women's economic empowernment and deepen financial inclusion in the country The product is exclusive to businesses with at least 51 percent of shares controlled by women or 100 percent owned by women , businesses where women constitute of 30 percent of the board or more than 25 percent of senior management  " We are of the partnership we have fostered with family bank since 2015 and today's launch of their new women banking proposition is supported by our capacity development initiative under the affirmative finance action for women in Africa (AFAWA) program" African Guarantee fund Group CEO Jules Ngankam said Subsequently women can access up to KES 7 million secured and unsecured loans through Biashara boast , unsecured lending of up to 2.5 million , unse...

GA Insurance unveils first comprehensive Electric vehicle insurance cover in Kenya

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         During the launch of Electric vehicles           comprehensive insurance cover  NAIROBI, Kenya Sep 23... As electric vehicles gain momentum in the country's automotive landscape , GA insurance Kenya has launched first ever comprehensive insurance cover tailored exclusively for electric vehicles (EVs) in Kenya  The growing adoption in the country has seen steady rise with remarkable 108 percent increase in Electric vehicle sales during 2022-2023 financial year  Battery cover, charging cable cover, cover for private charging station,  Out of charge recovery benefit, Autonomous driving cover, cyber attack coverage In-car entertainment unit and satellite Navigation systems cover are key features and benefits of GA ECO drive insurance cover  Mr.Sandip Bhadury , GA insurance Kenya limited CEO while speaking during the launch said that GA Eco drive cover is specialized insurance policy specific...

Ponty Pridd Holdings launches 'She delivers' program aimed at empowering Women join Transport and Logistics industry

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KBL Head of sales Nairobi, Joseph kagigite, CEO Ponty Pridd Holdings Anthony Wainaina,  PS Gender and affirmative action Veronica Nduva and HR Director ponty pridd holdings Stella Mputhia during the launch  NAIROBI, Kenya Sep 22... She delivers is an internship program aimed at bridging the gender gap in the industry as the program is set to train 80 women anually with 6 month internship program for 20 interns per cycle as they navigate their careers in the dynamic world of transport and logistics  CEO Ponty Pridd Holdings Anthony wainaina said that there is need to diversity for driving innovation and progress in the transport and logistics sector "She delivers, our women in transport and logistics program is a testament to our commitment to empowering women an we are excited to see the positive impact it will have on the industry" said Wainaina "Logistics industry has traditionally been regarded as 'no place for women' with women been under- represe...

USAID Kuza calls for Capitalists to close funding gap in Northern Kenya

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Cabinet Secretary for East African community Arid and semi-arid lands and regional development Rebecca Miano speaking during the conference  NAIROBI, Kenya Sep 22... The one day conference hosted by USAID Kuza and partners themed "why Northern Kenya, why now? brought together public, private and development sector actors addressing the growing need to close the funding gap which hinders enterprise development in Northern Kenya  Over $14 million has been disbursed to over 9000 small and micro enterprises in the region through the impact of Northern Kenya Fund targeting various sectors including Agriculture, Livestock, energy, Climate and tourism Under the USAID Kuza project has seen creation of over 16, 500 jobs in the arid and semi arid counties of Garissa, Isiolo , lamu , Mandera, Marsabit , Samburu, Tana River,  Turkana, Wajir and West pokot  Cabinet secreatary for East African community Arid and Semi-arid lands regional development , Rebbeca miano whil...