It is a sigh of relief this week as depositors with the collapsed Imperial bank started receiving their deposits eight years later. The Kenya Deposit Insurance Corporation KDIC has announced the commencement of payment of protected deposits to customers of the Imperial Bank, eight years after the lender sunk down…
Author: Pesa Today
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Power Supply –There will be a 12-hour system interruption token purchasing from Kenya Power KPLC on Friday. On Thursday, March 30, Kenya Power KPL announced to their customers that they should prepare for the interruptions due to system maintenance particularly affecting the purchase of tokens. The utility firm defended that…
Banking –The family of former President Uhuru Kenyatta will be smiling all the way to the bank as it is set to earn a dividend of around sh 835 million for its 13.2% stake in NCBA Group. This is after the bank announced a dividend per share of sh 4.25…
New Job –Kenyan female boxing star, Conjestina Achieng, has landed a plum job in a multimillion Coastal club. The almost fully recovered former ring star, eight months after she was airlifted to a rehabilitation center in Mombasa, will now be staying in Mombasa while at the same time working there.…
Resignation -TV47 Chief Executive Officer CEO Abubakar Abdullahi has, today March 27, resigned from office after a three-year stint. Mr. Abubakar was appointed acting CEO of the then-budding TV station in July 2020 and guided it to become one of the most popular media channels in the country rivaling the…
Digital Career –Former Kiss100 FM radio queen, Caroline Mutoko, has revealed details on her new-found career in digital marketing. The celebrated media personality, while speaking with Daily Nation, revealed that she is earning more money now as a digital marketer than she did when she was on radio as a…
Business – eCommerce marketplace Zumi is considering shutting down shop in Kenya as the Chief Executive Officer William McCarren reflects on what next. Zumi, a Kenyan B2B e-commerce marketplace connecting retailers of non-food products to suppliers has been struggling to raise sufficient funding for now some time. The news was…
Ban –Azimio la Umoja coalition leader Raila Odinga has lifted ban on the Star Newspaper. Through their Orange Democratic Movemnet OPDM Party social walls, Mr. Odinga announced that the ban on the publication was over and that supporters can continue buying services from the media house. “The boycott on the…
Privatization –Top legal minds in the country have come out to reject the Tuesday move by the current cabinet to privatize State corporations. Addressing the matter, the Law Society of Kenya Eric boss Eric Theuri and his colleagues have claimed that the Privatization Bill 2023 approved by the Cabinet on…
Boycott –Opposition leader Raila Odinga today listed three major companies in the country for boycott. Addressing hundreds of supporters on Tuesday March 21 at the Jaramogi Oginga Odinga Foundation in Nairobi, Raila directed his supporters countrywide to stop buying service from Safaricom, Kenya Commercial Bank and Radio Africa’s Star Newspaper.…