Equity Bank has been recognized as Africa’s Best Bank for Corporate Responsibility for the second consecutive year in both Kenya and the Democratic Republic of Congo (DRC). Equity Bank also received accolades for being the best in digital solutions and small and medium enterprise (SME) banking in the DRC at the Euromoney Awards of Excellence 2023. These awards are a testament to Equity Bank’s commitment to delivering exceptional services and transforming lives across Africa. Equity Bank’s CEO, James Mwangi, attributes these achievements to their innovative digital solutions, extensive branch network, and dedicated employees. “These prestigious accolades reaffirm our unwavering commitment…
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
Despite having a population of over 50 million people, Kenya’s insurance penetration rate stands at 1.3 per cent, which is relatively low. There are different ways to protect your loved ones to ensure that they lead peaceful and comfortable lives. One of the best ways to ensure that this is achieved is by taking up a Life insurance policy. In today’s world, it is crucial to have financial security in order to live a stress-free life. Life insurance policies offer an opportunity for you to protect yourself and your loved ones from unforeseen circumstances. This is an excellent time to…
Showmax, MultiChoice’s streaming platform, has announced that its Showmax Pro package will be phased out by November 30, 2023, as the service prepares for a relaunch. Introduced in July 2020, Showmax Pro bundled existing Showmax entertainment content with music channels, news, and live sports streaming from SuperSport. However, with the upcoming relaunch, the service’s sports offering will focus exclusively on the English Premier League. As part of the planned changes, Showmax Pro will no longer be available for subscription from October 1, 2023. “From 1 October 2023, Showmax Pro will no longer be available for subscription. If you have an…
The Central Bank of Kenya (CBK) has joined the Pan African Payments and Settlement System (PAPSS), becoming the 10th African central bank to do so. This move allows Kenyan firms to conduct trade and financial transactions with other African nations. Other African central banks on the Pan African Payments and Settlement System platform include those of Nigeria, Liberia, Guinea, Djibouti, The Gambia, Sierra Leone, Zimbabwe, Zambia, and Ghana. In Kenya, Standard Chartered Bank of Kenya, Ecobank, and KCB are among the commercial banks on the PAPSS network. By 2025, all African commercial banks are expected to join PAPSS. Currently, 28…
In the 2023 Safaricom Chapa Dimba Nyanza region championship, Obunga FC and Plateau Queens, both hailing from Kisumu County, emerged as the victors. Obunga FC claimed the regional title after a heated match against Awendo Academy from Migori at Moi Stadium in Kisumu, ending with a 2-1 victory. Tyson Muluri scored the first goal for Obunga FC in the 45th minute through a penalty after Duncan Omalla was fouled. Shortly after, Clain Masaba scored the second goal. Awendo Academy managed to score a consolation goal in the 92nd minute by Elvis Odhiambo. Amos Ochieng, Coach of Obunga FC, expressed his…
The Development Bank of Kenya (DBK) has opened its first branch outside of Nairobi in Mombasa. The new branch, located along Mombasa’s Moi Avenue in the central business district (CBD), is a testament to DBK’s commitment to serving diverse customer needs and thriving in Kenya’s growing banking industry. DBK Chairman Ndungu Githinji expressed enthusiasm for this expansion, stating, “This is a testament to our unwavering commitment to serving our customers and fulfilling their diverse needs.” “We aim to provide integrated banking products and solutions, especially to unbanked individuals, in alignment with the Central Bank of Kenya’s endeavours to foster financial…