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…
Author: Muindi
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…
The Central Bank of Kenya rejected bids worth Ksh 22.5 billion for its re-opened bonds FXD1/2021/05, FXD1/2020/15 and FXD1/2021/25 in March. The bonds subscription rate was at 81.9% due to the tightened liquidity in the money markets during the bonds’ sale period. The interbank rate averaged 5.6%, in comparison to an average rate of 4.7% in February 2022. The CBK had planned to raise Ksh 50 billion for budgetary support in the current fiscal year. It received bids worth Kshs 40.9 billion and accepted bids worth Kshs 18.5 billion, translating to a 45.1% acceptance rate. Investors preferred the longer-tenure issue;…
Chinese video-sharing app TikTok has launched SoundOn, an all-in-one platform for music creators. The platform allows artists to upload their music directly to TikTok and to distribute it to various music streaming services. No hidden transaction fee nor subscription fee will be charged, the app’s parent company ByteDance said. With SoundOn, artists will be able to distribute their music to TikTok’s in-house partners such as TikTok and Resso, and global streaming platforms such as Apple Music, Deezer, Joox, Pandora, and Spotify. They would be able to view the list of platforms and choose which stores they’d like to distribute to…

