Sticky

Software developer, Compulynx has completed installation of its latest cloud-based ERP (Enterprise Resource Planning) retail solution for its Dubai-based customer, One Vasco in 120 locations in 30 countries. Compulynx’s Next Generation Retail Suite(NEXX) will see One Vasco’s clients enjoy access to a cloud-based managed and maintained IT platform, thereby helpingContinue Reading

Sticky

Commercial banks are on course to post another full-year of double-digit growth in profits, according to a review of their performance in the 10 months ended October 2019. Fresh data from the Central Bank of Kenya (CBK) shows that the banking sector’s pre-tax earnings for the 10 months stood atContinue Reading

Sticky

Stanbic Bank Kenya has lost Sh1.4 billion after the Geothermal drilling deal between a Chinese firm and the State- owned Geothermal Development Company collapsed. The State agency on Thursday announced recovering the amounts paid to the Chinese Hong Kong Offshore Oil Services (HOOSL) to drill a well back in 2014Continue Reading

Co-operative Bank  has removed agents from banking halls, citing increased comfort and preference by customers in transacting via the model from outside branches. The bank said most customers are now comfortable with agency banking and have substantially migrated transactions to agent outlets away from branches. This makes it easier for agentsContinue Reading