Mwihaki Wachira has joined Absa Bank Kenya as the Director for Marketing & Corporate Affairs. This follows her recent recognition as the 2024 Marketer of the Year by the Marketing Society of Kenya, highlighting her creative excellence.
Mwihaki Wachira
Treasury bills were oversubscribed as investors rushed to lock high returns while they last. Out of the Ksh 24 Bn that was on offer, government managed to collect Ksh 32.9 Bn from this week’s auction.
The Central Bank of Kenya (CBK) successfully achieved its partial buyback target of Sh50 billion on three bonds maturing in April and May, providing relief from heavy upcoming maturities. The buyback covered a three-year bond issued in April 2022, a five-year bond from May 2020, and a nine-year infrastructure bond from May 2016
DTB Bank held its 5th Economic & Sustainability Forum themed “Outlook 2025: Positioning for Recovery in a Fragile Environment.” The event featured keynote remarks by Dr. Chris Kiptoo, Principal Secretary of the National Treasury, and a panel discussion with industry leaders on the key economic trends shaping 2025.
Equity Group Foundation announced the selection of 750 top secondary school graduates to its prestigious Equity Leaders Program (ELP). These top-performing students who are joining the Pre- University Paid Internship program within the ELP will embark on a six-month internship at Equity Bank branches nationwide as they prepare for their university journey later this year.
A new report by the Insurance Regulatory Authority has revealed a decline in Insurance Fraud Cases by 26.2% from 61 in Q2 2023 to 45 in Q2 2024. Interestingly, while overall insurance fraud cases saw a significant decline, certain categories such as Forgery and Obtaining Money by False Pretenses showed notable increases.
Tendepay, a leading digital payment solution, received approval from the Central Bank of Kenya (CBK) to operate as a licensed Payment Service Provider (PSP). This approval allows Tendepay to process and settle payments on behalf of merchants, enhancing Kenya’s digital payments landscape.
Lifestyle app, LOOP, launched a redesigned user interface (UI) to enhance the user experience, simplify navigation, and introduce a fresh, modern look reflecting its brand evolution. This update makes the app more intuitive for both new and existing users to manage their finances efficiently.
It has been a good week for Jubilee Asset Management as the company officially marked Ksh 10 Bn assets under management. Jubilee Asset Management is a subsidiary of Jubilee Holdings Limited and continues to innovate and provide accessible, reliable financial products that meet the diverse needs of its growing client base.
Coming up on Wednesday 26th February 2025, we will host an X-Space in partnership with Jubilee Asset Management Limited, themed “Earning Passive Income from Unit Trusts”.
Set your reminder here: https://x.com/i/spaces/1kvJpyNVlkkxE
The 65th Abojani Personal Finance & Investing Masterclass is officially scheduled to start on 10th March 2024. Early bird registration is currently ongoing.
Call: 0763 682 116 or Email: learning@abojani.com
