Equity Group headquarters in Upper Hill, Nairobi. PHOTO | NMG Kenya’s three largest banks are twice as efficient as their peers from elsewhere in Africa in extracting income from their assets, backed by higher interest earnings and improved cost efficiency due to digitisation. A new analysis by rating agency Moody’s
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MIU Director Willis Bashaasha inspects a governemnt project during an earlier monitoring tour of Western Uganda By Richard Kintu The Manifesto Implementation Unit (MIU) of the office of the president has embarked on a drive to monitor and validate government programmes in Eastern Uganda. According to the MIU Director Willis Bashaasha,
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Kenya Airways Plane/Courtesy photo Kenya’s Treasury will seek a foreign strategic investor to buy a controlling stake in Kenya Airways as a path of returning the national carrier to profitability. Treasury Principal Secretary nominee Chris Kiptoo told MPs the government will push for a fresh equity investor who
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Some of the flooded Lwera Sand mines The expansion of the activities in Lwera wetland along the Kampala-Masaka highway is stirring a bitter controversy between Kalungu district leadership and the local communities. For over a decade, the wetland has gradually been depleted due to commercial sand mining and rice growing
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Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi says Government is determined to reduce domestic borrowing The spike in domestic borrowing by the government has increased the discomfort in the private sector, as commercial banks also raise their interest rates. Commercial banks have been announcing new prime lending rates
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Victor Kiplangat with the Uganda national flag after winning the 2022 Commonwealth Games marathon gold/Courtesy photo The MTN Kampala Marathon is one of the most famous races attracting thousands of participants across East Africa. On November 20, as many as 20,000 runners will head to Kololo Independence Grounds again. From
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President Museveni's Portrait at Buganda Road Court Buganda Road Magistrate's Court has set November 30th, 2022 to start trying Robert Mugabi, a Boda boda Rider accused of damaging the portrait of the president. Mugabi is battling one count of malicious damage after being charged last week. He appeared on Monday
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John B. Kaweesi, the Head Mortgages & Consumer Banking At Housing Finance Bank This interview highlights Housing Finance Bank’s Remote Account Opening ‘Bwepwa’, the latest addition to their digital innovations in line with the strategy to drive customer experience through operational efficiency. We would like to commend the Bank on its
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Participants during the World Travel Awards (WTA), 2022 held in Muscat, Oman on Saturday night/ Courtesy Kenyan Safari firm, Twiga Tours is basking in glory after it was named as the World leading Safari company during the World Travel Awards (WTA), 2022 held in Muscat, Oman on Saturday night. The
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The Minister for Presidency, Hon. Babirye Milly Babalanda (pictured) has commended Huawei for skilling Ugandans through different ICT programs like Seeds for the Future. Hon. Babalanda made the remarks during the launch of the 2022 Huawei Uganda Seeds for the Future Program on Friday. The program kicks off today online. "In a special
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