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Business – Page 2 – Mbaitu FM

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NCBA Bank penetrates Ruaka Town with a new branch
November 16, 2023

NCBA Bank penetrates Ruaka Town with a new branch

NCBA Group PLC has launched a new branch in Ruaka town, Kiambu county. The branch is located at Elizaphan Plaza and is one of the 10 branches they pledged to open this year as part of their expansion strategy to
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Kenyan shilling depreciates past 150 against the Dollar
October 25, 2023

Kenyan shilling depreciates past 150 against the Dollar

Kenya’s official exchange rate for the shilling against the US dollar crossed the 150-unit threshold on Monday. This shift comes after a prolonged period of consistent depreciation, which has effectively narrowed the gap between the official exchange rate and the
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KRA targets Sh1.1tr from 2,089 large traders.
October 25, 2023

KRA targets Sh1.1tr from 2,089 large traders.

The Kenya Revenue Authority (KRA) has targeted to collect Sh1.1 trillion from large taxpayers this financial year. KRA commissioner general Humphrey Wattanga says this will be an improvement from Sh818 billion that large taxpayers contributed in revenue, representing a 9
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State proposes new khat handling rules
October 23, 2023

State proposes new khat handling rules

Miraa traders will soon be barred from transporting the commodity using proboxes, Motorcycles and pick-ups if new regulations are adopted and passed by the Senate. The crops (miraa) 2023 developed by the Ministry of Agriculture seeks to streamline the planting,
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NCBA Expands To Makueni County
October 9, 2023

NCBA Expands To Makueni County

The branch, which is located at Mbau Junction Mall, pushes the lender’s countrywide presence to 73 outlets. Recently, NCBA has been on an expansion spree, with plans to open 10 branches this year. “At NCBA, we believe in fostering financial
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Nairobi among Top 10 cities with most millionaires
October 3, 2023

Nairobi among Top 10 cities with most millionaires

Africa’s millionaire population is expected to rise by 42 per cent over the next 10 years driven partly by the growth of cities, according to Knight Frank Wealth Report 2023 will hit 195,000 by 2032. The growth in number of
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