Author: Khusoko

Integrated Payment Services Limited (IPSL), a fully-owned subsidiary of Kenya Bankers Association (KBA) has made changes to its board. IPSL which is the company behind Pesalink, a money transfer platform makes it easy and fast for inter-bank and inter-person cash transfers; brought on board four new non-executive directors effective 1st July. The four directors bring a vast experience spanning 89 years in various levels of management and roles in information technology. The directors, Jack Ngare, Dr. Shiko Gitau, Kevin Kinyanjui, and Moses Obonyo. “I am very proud of that new board,” says Agnes Gathaiya, CEO IPSL. Jack Ngare With over…

Kenya’s Sidian Bank has partnered with Aqua for All, Dutch Non-Profit institution to unveil 4 Million Euros Covid -19 Wash loan facility in bridging the service and financial gaps in the water and sanitation sector. Through the partnership, they will mobilise additional resources in support of the Government’s Emergency Response for COVID-19 pandemic.  The loan facility targets MSME’s in the water and sanitization value chain sector through short-term financing facilities in working capital, asset, and project finance.  Chief Commercial Officer, Mr Timothy Gitonga said Sidian Bank is committed to backing the government in combating the pandemic by supporting customers with…

The Kenyan Senate on Tuesday voted to adjourn debate on the Revenue Sharing Formula. According to the results, Senators voted 34-26 to adjourn the sitting, with one abstention on the Approval of the Third Basis for Revenue Allocation among the 47 County Governments. Elgeyo Marakwet Senator Murkomen moved the adjourn motion calling for dialogue that would lead to consensus. “For us to appreciate this kind of conversation, I’m requesting my colleagues let’s give dialogue one more chance. Let’s adjourn this motion for us to have a conversation on how to find a way forward that can unite all of us,”…

I am used to first time NSE investors asking me about which shares to buy. That is exactly what happened when my younger sister approached me about opening a brokerage account. Having reassured her that you can never be too young to start investing — perhaps we can cover this topic in a future insight — I posed to her the most important questions she needed to ask herself before making her first investment:  What is her risk tolerance? What is her long-term goal? What is there a company she really loves and believes in? How does the company’s balance…

There’s a special kind of love, That will see us survive, Bring the feelings so alive, This special kind of love, darling. Love, There’s a special kind of love, That defines a human, so Everyone should know, This special kind of love, between us. When I tell you of true love, Will you listen? When I speak of this wondrous love, Will you hear? Will you open your heart, And embrace the truth of, This special kind of love. READ The Heart And It’s Matters

How would you describe your life in 2020? Different? Hard? Or hopeful? COVID-19 has significantly changed the way we work and live. But we still see doctors doing everything they can to save lives, students learning online, office employees working from home, ballet dancers practicing hard, and musicians playing instruments from their balconies Adversity will never stop us from pursuing a better future, and we will always stay positive and creative. We truly believe we can create a brighter future, together. Over the past 30 years, there has been a great leap in the development of information technologies. Mobile communications,…