Money

Money

Kenya Police Sacco lost Sh200 million in Kuscco theft scandal

 The Kenya National Police Deposit Taking Sacco (Kenya Police Sacco) lost Sh200 million in the multi-billion fraud that rocked the Kenya Union of Savings and Credit Cooperatives (Kuscco). This has been revealed in a credit rating report by GCR Ratings agency which is based in South Africa. “Fraud within Kuscco Limited resulted in the Sacco
Kenya Police Sacco lost Sh200 million in Kuscco theft scandal first appeared on Bizna Kenya Read More

Read More
Money

Kenyans jealous as Rwanda extends Labour Day to Friday

 As most African countries mark Labour Day celebrations today, Thursday, May 1, a section of Kenyans is soaking in envy after Rwanda declared Friday, May 2, a holiday for its citizens. The Kenyans want their government to follow suit, some not believing they will be back at work on Friday before the weekend kicks in.
Kenyans jealous as Rwanda extends Labour Day to Friday first appeared on Bizna Kenya Read More

Read More
Money

Food, power, transport prices push Kenya’s inflation to 4.1pc

 Kenya’s inflation has risen to 4.1 percent. This is the highest rate in eight months and it comes in as the fastest rise in inflation over the last two and a half years. According to data that was released by the Kenya National Bureau of Statistics (KNBS), inflation increased by 0.5 percent from the 3.6
Food, power, transport prices push Kenya’s inflation to 4.1pc first appeared on Bizna Kenya Read More

Read More
Money

US economy shrinks for the first time in three years

 The economy of the United States has recoiled. This is according to fresh data from the Labour Department’s Bureau of Economic Analysis, which shows that the US economy shrank for the first time in three years in the first quarter of this year. The economy shrank at an annual rate of 0.3 percent. The shrinking
US economy shrinks for the first time in three years first appeared on Bizna Kenya Read More

Read More
Money

Co-op Bank shortlisted for African Banker Awards 2025

 The Cooperative Bank of Kenya has been shortlisted for the Bank of the Year award as African Banker magazine announced the nominees for its 2025 edition. The lender has been shortlisted in the SME Bank of the Year category alongside CRDB Bank Plc, Ecobank, Standard Bank, and Uganda Development Bank. The 2025 Bank of the
Co-op Bank shortlisted for African Banker Awards 2025 first appeared on Bizna Kenya Read More

Read More