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SimbaPay expands African remittanceto EU

Africans living in the Europe will now be able to send money back home instantly and free of charge. This is after Simba pay, a digital money transfer provider, expanded its African money transfer service to 5 new EU countries. The new…

KCB cracks up rivalry with Islamic banks

Kenya Commercial Bank (KCB) has announced plans to open eight new Islamic banking branches by the year end as it seeks to tap into Islamic finance. Through its Islamic finance arm Sahl Banking, the lender Thursday opened a new center in…

Kuku Foods awarded best KFC franchisee in Africa

Kuku Foods East Africa Holdings Ltd has been awarded the franchisee of the Year at the 2016 regional leadership conference in Cape Town. KFC Africa Managing Director, Doug Smart said the franchise was awarded for its successful…

We have no plans to close down CFS, says KRA

The Kenya Revenue Authority (KRA) has come out to clarify that it has no intentions to shut down container freight stations at the port of Mombasa. “In response to recent misleading reports, KRA wishes to clarify that there are no…

Liquid Telecom to sponsor rally championship

Liquid Telecom Kenya has announced its sponsorship of the 2016 Kenya National Rally Championship (KNRC) in a comprehensive package supporting drivers, upgrading the championship's technology and raising the profile of the Kenyan rallies…

Societe Generale Ghana opens branch in Airport city

Societe Generale Ghana has opened an ultra-modern Airport City branch in Accra as part of efforts to bring modern banking to strategic communities. Mr Kofi Ampim, Board Chairman of Societe Generale Ghana, said the bank is currently…

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