Author: Khusoko

Moses Okoth Nyabanda has been named the acting Managing Director of Equity Bank Kenya, pending approval from the Central Bank of Kenya. He replaces Gerald Warui, who is retiring. Nyabanda, previously the Group’s Chief Finance and Strategy Execution Officer, brings extensive financial expertise to the role. His career includes a leadership position at PwC Rwanda. Equity Group has reported a 12% increase in profit after tax to Sh29.6 billion for the first half of 2024. This growth was driven by a 22% increase in interest income and improved performance from regional subsidiaries. The bank has expanded its branch network and…

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Property has no gender. However, historical records demonstrate entrenched gender biases in the ownership of property, heavily favouring men while marginalizing women’s rights and contributions. Over time, various movements and legal reforms have aimed to rectify these disparities. One of the key aspirations of the Constitution of Kenya 2010 was to guarantee equal protection of property rights regardless of gender or any other status, and protection against arbitrary deprivation of property. This would ideally moderate some of the most distressing situations regarding the struggles women face in securing their property, such as widows being evicted from their matrimonial homes by…

Kenya’s digital age has seen remarkable growth and transformation in recent years. The country has emerged as a leader in digital innovation in Africa, driven by widespread mobile connectivity and a robust tech ecosystem. We have seen remote work, online learning, and digital entertainment becoming integral parts of our daily lives and the need for a reliable power source has never been more critical.  Imagine working on a critical project, engaging in an intense online gaming session, or enjoying a movie night, only to be abruptly interrupted by a power outage. This is where an Uninterruptible Power Supply (UPS) system…

1Win has carved a significant niche in the online casino industry since its inception. Established with a vision to provide high-quality gaming experiences, 1Win quickly gained popularity due to its innovative games and user-friendly platform. Over the years, the casino has become renowned for its outstanding reputation, particularly among punters from Morocco.  This can be attributed to 1Win’s commitment to fairness, security, and excellent customer service. Moroccan players consistently praise the casino for its reliable payouts, diverse game selection, and strong support system. The platform ensures transactions are processed swiftly and securely, giving users peace of mind. Additionally, 1Win offers…

Kenyan banks are increasingly targeting underserved urban centres as growth opportunities. Absa Bank Kenya is the latest lender to expand its footprint, opening a new branch in Eldoret. “We are happy to open our doors to the people of Eldoret and the larger Rift region with our second branch in Eldoret. This is part of our ongoing commitment to enhancing customer experience and expanding our footprint to serve the underbanked,” said Absa Bank MD & CEO Abdi Mohamed.     While digital banking has made significant strides in Kenya, physical bank branches remain essential in many regions. Eldoret, a thriving commercial…