Centum Real Estate Limited has broken ground on phase 1 of its Mzizi Court housing project at the Two Rivers development complex. Mzizi, is the 4th residential project at Two Rivers, after the Riverbank Apartments, Loft Residences, and Cascadia apartments. The project comprises 270 one, two, and three-bedroom apartments that are competitively priced from Ksh4.9M, with a flexible payment plan. Mzizi Court apartments are within the 102-acre Two Rivers development that is located minutes drive from key diplomatic missions and corporates. The strategic location has catalyzed a growing and unmet demand for live, shop, and play lifestyle. Landmark holdings will…
Author: Muindi
2000 needy students in Kenya are set to benefit through the Wings to Fly program in the 2022/2023 academic calender, courtesy of Equity Bank. The 2,000 scholarships will be distributed over the next two Form One intakes to coincide with the last cohorts of Kenya’s 8.4.4. system of education after which the country transitions to the competency-based curriculum. The Bank has contributed KShs 2 billion to Equity Group Foundation (EGF), the social impact arm of the Group in support of the Wings to Fly program. In a statement, the bank says the program has successfully facilitated over 37,000 beneficiaries to…
The Kenyan government in partnership with United States Agency for International Development and World Health Organization has launched a revised document that will guide the management of Tuberculosis (TB) and Asthma in the country. The policy which comprises four key documents addressing Lung Health includes the Public-Private Mix (PPM) Action Plan 2021-2023, Kenya National Asthma Management Guidelines, Interim Management Guide for Tuberculosis (TB), and Covid-19, and Integrated TB, Leprosy, and Lung Disease Guideline. https://twitter.com/MOH_Kenya/status/1503695059912429579?s=20&t=K7OvoqpktHR2G3giHZqJyA Dr. Patrick Amoth, the Ministry of Health Acting Director-General noted that TB continues to be a major public health concern with Kenya being ranked among the…
Sidian Bank on Tuesday opened its new branch in Kamakis along the Eastern Bypass Nairobi. Located at Viashla Premier Building, brings the lender’s total physical count to 43 in the country. https://twitter.com/MworiaJ/status/1503678401806503940?s=20&t=dexPjLGUKIJT-9Ud5wLutg The lender which is 72.93 percent owned by Centum Investments has a mission to empower entrepreneurs to create wealth through the provision of transformational financial solutions. “All this is geared towards offering our customers an unmatched banking experience by offering solutions not limited to trade finance, lending, robust digital banking services, enabling the Bank to remain in touch with its customers’ needs,” said Chege Thumbi, Chief Executive Officer…
Absa Bank Kenya has resumed modest shareholder payouts after a year-long hiatus due to the COVID-19 pandemic it said Tuesday. The resumption came after it posted a pre-tax profit of Ksh 15.55 billion in 2021 a 75.7 per cent jump compared with the corresponding year in 2020 attributed to the growth in net interest income, driven by the small and medium enterprises segment. Absa Kenya Managing Director, Jeremy Awori, said the Bank’s strong performance is a reflection of customers’ resilience in a challenging environment and points to improving macro-economic conditions. “We have drawn inspiration from the resilience of our customers and…
Kabras Sugar Rugby Football Club reclaimed the 2022 Kenya Cup with a 34-28 victory over Menengai Oilers finals played at The Bull Ring in Kakamega on Saturday. https://twitter.com/RfcKabras/status/1502870475294351362?s=20&t=Vkf3woQ1xIbhp-N84r3R0Q This was the clubs’ first title since 2016. “Trailing 8-18 at the break, they dug deep and eventually secured the 34-28 victory at the Bull Ring,” the Kenya Rugby Union reported. https://twitter.com/OfficialKRU/status/1502691157901459456?s=20&t=Vkf3woQ1xIbhp-N84r3R0Q https://twitter.com/OfficialKRU/status/1502692970281246722?s=20&t=Vkf3woQ1xIbhp-N84r3R0Q Former champions KCB Rugby finished the season third after mauling Strathmore 52- 22 at their Ruaraka den. Khusoko is now on Telegram. Click here to join our channel and stay updated with the latest East African business news and…

