Business

Simon Kaheru named Acting Chairperson of East African Business Council

Mr. Simon Kaheru has been appointed the Acting Chairperson of the East African Business Council (EABC) Uganda Chapter. He was appointed by the board of...

Housing Finance Bank records growth as its assets hit Shs 1 trillion

Housing Finance Bank (HFB) has registered an impressive performance during a Covid-19 suppressed environment. The bank’s asset base grew by 22% to Shs1.11 trillion...

CCBA celebrates fifth anniversary since merger

Coca-Cola Beverages Africa has celebrated five years since its merger in 2015. The merger was between Rwenzori Bottling Company, the leading mineral water brand...

Banks, money lenders move to attach Pearl of Africa Hotel over loans

Pearl of Africa Hotel is on the brink of losing its property to commercial banks and money lenders for failure to clear accumulated loans....

Kenya’s diaspora remittances hit $1.13b in four months

Kenyans living and working abroad sent home KSh122.69 billion ($1.13 billion) in four months to April, defying the economic weigh-down of the coronavirus pandemic...

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