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Sanlam Kenya adopts financial engineering strategy for growth

Sanlam Kenya Group CEO Patrick Tumbo Listed local non-bank finance solutions provider Sanlam Kenya PLC has formulated a business plan to accelerate the firm’s growth and profitability. The business recovery plan will provide a growth platform under a restructured financial management strategy. Speaking during the firm’s 78th Annual General Meeting held on Wednesday, Sanlam Kenya…

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Protestors breach Parliament, gain entry into compound

Protestors storm parliament after breaching security. [Emmanuel Kipchumba, Standard] Anti-Finance Bill protestors have breached Parlaiament security and gainaed access into the compound. This happened some minutes to 3.00pm on Tuesday, June 25. Butere MP Tindi Mwale walks past Police vehicle along Parliament road, Nairobi as Anti Finance Bill Demos intensify on June 25,2024. [Elvis Ogina…

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Starlink Launches Cheaper Data Plan for Kenyans, Now Accepting Mobile Money

Global internet service provider Starlink has introduced a new, cheaper data plan for Kenya. The Elon Musk-owned satellite internet firm’s new 50 gigabyte (GB) monthly data package costs Kes1,300 ($10.16), less than half the price of Airtel’s similar package at Kes.3,000 ($23.44). Market leader Safaricom offers a monthly package of 45GB for Kes.2,500 ($19.53). “Affordable, high-speed…

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What US State Secretary Blinken discussed with President Ruto in phone call

US Secretary of State Antony Blinken.[Photo, AFP] The international community continues to express concern over Kenya’s protests, calling for the protection of human rights. With the climax of the protests anticipated to be more intense today, US Secretary of State Antony Blinken has called for investigations into alleged human rights violations.  Blinken spoke with President…

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Joho asks Gachagua to resign over remarks on NIS

Former Mombasa governor Hassan Joho has told Deputy President Rigathi Gachagua to resign moments after castigating the National Intelligence Service (NIS) over the Finance Bill 2024 protests and subsequent withdrawal of the bill. In a statement, Joho chided Gachagua for apportioning blame to NIS, saying this was not the time to point fingers but to…

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‘Some clubs don’t want to be promoted’ – Hussein Mohammed decries poor state of Kenyan football

The FKF presidential hopeful is worried about the sorry state of Kenyan football which he feels is capable of generating a lot of revenue with the right structures in place. Football Kenya Federation (FKF) presidential hopeful Hussein Mohammed has claimed that the financial woes facing Kenyan clubs has some fearing promotion. Mohammed, a harsh critic…

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