Swearing in of Nairobi MCAs Slated for Thursday

11 100Nairobi Governor Johnson Sakaja has finally gazetted the first sitting of the County Assembly after weeks of Stalemate that sparked uproar from a section of MCAs. The Members of…

KCB Group feted for scaling efforts in sustainable finance

11 100KCB has been named the Best Bank in Sustainable Finance by the Kenya Bankers Association (KBA), in recognition of its efforts in creating a more sustainable business enterprise environment through its deliberate socio-economic interventions. The Bank also emerged second Runners-Up in the category of Best Bank Response to Covid-19 pandemic. The awards spearheaded by KBA under its Sustainable Finance Initiative (SFI) Catalyst Awards recognizes financial sector players for their commendable progress in creating long-term value by funding initiatives designed to mitigate the negative impacts of climate change, building a resilience socio-economic environment, and help build a more sustainable future for humanity. The award comes at a time when institutions are being called upon to embrace sustainable practices by adopting the UN Sustainable Development Goals (SDGs) as a guide to assist in the attainment of reduced global net human-caused emissions of carbon dioxide by about 45 per cent by 2030. To align, the Group has adopted 9 of the global goals, to ensure it creates the most impact to the environment, society, and economy. These are tracked through various key performance indicators that are championed by various businesses within the organization. Speaking about this achievement, KCB Group CEO Paul Russo said, “We are privileged and honoured to be the top mover of the Sustainability Agenda. The win reinforces our commitment to building a brand that is not only focused on profits alone but on the customers and the communities we serve. At KCB, we acknowledge that we are in a decade of action that requires us to fast track our ambitions in achieving sustainable development by 2030.’ In line with the Groups adopted SDG 13 – Climate Action, we are aware of the effects our operations may have on the environment and life on earth. We are therefore stepping up our climate finance initiatives with strategic partnerships. These have been established through meaningful collaborations with the International Finance Corporation (IFC) and Global Climate Fund (GCF) to finance green economies that will aid in the mitigation and adaptation effects of climate change. KCB Group has been accelerating sustainable finance not only in Kenya but  also across the region, consequently accelerating t h e  transition to a low-carbon resilient. Currently, the Group has set a target of transitioning 25% of its total loan portfolio to green investments by 2025, as part of its Net Zero ambition. 

Huawei to power Absa’s new branch network digital transformation

16 100Huawei Technologies and Absa Kenya have come together to build a new platform to drive it’s corporate digital transformation program. The partnership involves establishing a software defined wide area…

World Celebrates International Week of Deaf People

11 100By John Kariuki As the world commemorates the International Week of Deaf People, Lugha Ishara together with its partners gathered tens of deaf children and their parents who shared…

Jijenge Granted CBK Nod to Continue Rolling out Financial Services

17 100By John Kariuki The Chief Executive Officer of Jijenge Credit Limited Mr Peter Macharia Kamau has welcomed Central Bank of Kenya decision to give Jijenge a clean bill of…

Mamo Gives First Lady Courtesy visit

12 100By John Kariuki NEMA Director General , Mamo B. Mamo, EBS today made a courtesy call on Second Lady of the Republic of Kenya  H. E Pastor Dr. Dorcas…

Lobby Hits out at IEBC Over Kulundu’s Dismissal

12 100A political lobby group has called on the Independent Electoral and Boundaries commission (IEBC) to immediately rescind the interdiction of the commissions deputy CEO Ruth Kulundu. Bunge la Mwananchi…

Mombasa  Golf Club Member Wins in Mid Week Tournament

15 100By Tobby Otum Monica Kamundi won the Mombasa Golf Club Nite tournament after posting 23 points. Kamudi won in the mid week tournament which attracted 33 golfers while playing under…

Kenya Extends Generosity to Pakistan

17 100By John Kariuki The cordial bilateral relations between Kenya and Pakistan have continued to gain momentum to the benefit of both countries. Pakistan is the largest importer of KTDA…

KNCCI: Kenya to Unlock Sh133.41 billion in New Investment Opportunities

19 100The Ministry of Trade has dispatched Commercial Attaches to various countries across the world to seek investment opportunities that the state can tap into. Through a collaboration with the…

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