Asman Mugambi Ibrahim, new Chief Executive Officer Jubilee Life Insurance.

Asman Mugambi appointed new CEO Jubilee Life Insurance

Asman Mugambi Ibrahim has been appointed as the new Chief Executive Officer Jubilee Life Insurance. In a statement, Chairman and Board of Directors in a said that Asman possesses over 20 years of extensive industry experience. Asman holds a Bachelor of Science (First-Class Honours) in Actuarial Science from the University of Nairobi. He has worked…

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Airbnb home.

Airbnb operators in Western Kenya put on notice

More than 70 per cent Airbnb operators in Western Kenya tourism circuit are not paying the 2 per cent tourism levy as the law stipulates. Tourism Act, requires various entities offering accommodation services to remit levies based on income generated every month. The levy payable is two per cent of income generated per month for accommodation, and…

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KCB Bank Group Chief Executive Officer Paul Russo. Photo:courtesy

KCB Bank grows first quarter profit by 53 per cent to KSh16 billion

Kenya’s KCB Group’s pretax profit for the first quarter of this year jumped 53 per cent, assisted by higher interest income, it announced on Wednesday, May 22. The lender, which also operates in Uganda ,Tanzania, Democratic Republic of Congo, Rwanda, South Sudan, and Burundi, said pretax profit rose to KSh21.16 billion from KSh13.85 billion in the…

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Stima Sacco National Treasurer, CPA Mary Maalu displays trophies.

Stima Sacco honoured with two prestigious awards at Cooperative Insurance Society AGM

Stima DT Sacco has been awarded the Winner in the Highest Shareholding Category Parastatal and the first Runners Up as the Best Insured Cooperative Society – Nairobi Region, at the Cooperative Insurance Society (CIS) Annual General Meeting 2024 held recently. The trophies were received by Sacco’s National Treasurer, CPA Mary Maalu. The event was held…

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Forward Travellers matatu

Forward Travellers Sacco advertises job vacancy for Accountant, Internal Auditor

Forward Travellers Sacco, which operates in Eastlands, Nairobi is inviting applications for the positions of Internal Auditor and Accountant. The Sacco wishes to strengthen the human resource capacity. It seeks qualified, competent and experienced candidate with excellent credentials. Some of the required qualifications for an accountant include a Bachelor’s degree in accounting or Finance or…

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Deputy Chief Justice (DCJ) Philomena Mwilu.

Deputy Chief Justice advises Sacco members to shun taking huge loans

Sheria Sacco chairperson Deputy Chief Justice (DCJ) Philomena Mwilu has asked Sacco members to shun taking huge loans which outstretched their budgets and took decades to settle them. “Avoid long term and high interest loans. It is not too late to save for your retirement” Mwilu noted. The DCJ, accompanied by Chief Registrar, Winfridah Boyani…

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Stima Sacco announces job vacancy for Insurance Manager

Stima DT Sacco Society Limited is seeking to hire a new Insurance Manager. It seeks a qualified professional with strategic orientation and strong sense of professionalism.  Once hired, the Insurance Manager will have a vital role to play in spearheading change and enhancing member experience through innovative solutions. The successful candidate will manage Mpawa Insurance…

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Fortune Sacco football team promoted to National Super League.

Fortune Sacco promoted to National Super League

Fortune Sacco Football Club beat Michael Olunga Foundation, MOFA, 3-0 to earn a slot in next season’s National Super League (NSL). The play off took place on Saturday, May 18 at Dandora Stadium, Nairobi. The two teams scooped position two in their respective Division One zones. Fortune Sacco, based in Kirinyaga now joins APS Bomet…

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