National Social Security Fund (Kenya)
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National Social Security Fund (Kenya)
The National Social Security Fund is a Kenyan government agency responsible for the collection, safekeeping, responsible investment and distribution of retirement funds of employees in both the formal and informal sectors of the Kenyan Economy. Participation for both employers and employees is compulsory. The fund is both a pension fund and provident fund. History The National Social Security Fund was established in 1965 through the Act of Parliament Cap 258 of the Laws of Kenya. It initially operated as a Department of the Ministry of Labour until 1987 when the act was amended, transforming the fund into a state corporation under the management of a board of trustees. Under the National Social Security Fund Act of 2013, both employed and the self-employed and their dependents qualify as contributing members. The Act on pension requires all Kenyans that are above 18 years of age to register to the program. The board of trustees is composed of workers' representatives through ...
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Francis Atwoli
} Francis Atwoli (born 6 June 1949) is a Kenyan trade unionist who is currently serving as the Secretary General of the Central Organization of Trade Unions (Kenya), COTU (K). He has served in that capacity since he was first elected in 2001. He has equally been serving as the General Secretary of the Kenya Plantation and Agricultural Workers' Union since 1994. Career In his role as a representative of Kenyan workers,Francis Atwoli has continued championing for social justice by advocating for decent work, accountable governments, and better policies for workers. This has seen the membership of COTU (K) grow from 300,000 to now over 4,000,000. One of the major achievements of Atwoli was mainstreaming labor rights in the 2010 constitution. Some of the official capacities Atwoli has served in, include : * 2001 – to-date: Secretary General of the Central Organisation of Trade Unions Kenya. * 1994 – to-date: General Secretary of the Kenya Plantation & Agricultural Workers ...
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East African Breweries
East African Breweries Limited, commonly referred to as EABL, is a Kenyan-based holding company that manufactures branded beer, spirits, and non-alcoholic beverages. Overview The group's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya, Uganda, Tanzania and South Sudan. The group has distribution partners in Burundi, Democratic Republic of Congo and Rwanda. History 1920–1949 East African Breweries Limited was founded in 1922, as Kenya Breweries Limited (KBL), by two white settlers, George and Charles Hurst. The company was owned by the Dodd family of Kenya. KBL acquired Tanganyika-based Tanganyika Breweries in 1935 and 1936 these two companies were merged leading to the creation of the East African Breweries Limited (EABL). The group continued expanding locally through the opening of more breweries such as Mombasa brewery. 1950–1999 In 1954, EABL got listed on the Nairobi Securities Exchange. This was among the first listings in the region ...
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Nation Media Group
Nation Media Group (abbreviated as NMG) is a Kenyan media group listed on the Nairobi Stock Exchange. NMG was founded by Aga Khan IV in 1959 and is the largest private media house in East and Central Africa with offices in Kenya, Uganda, and Tanzania. In 1999, NMG launched NTV, a news channel in Kenya, and Easy FM. Media outlets The group publications include ''The EastAfrican'', '' Daily Nation'', ''Business Daily Africa'', ''Daily Monitor'', '' The Citizen'', ''NMG Investor Briefing'', ''Taifa Leo'' and ''Zuqka''. The ''Daily Nation'' and the Sunday edition of the same newspaper, the ''Sunday Nation'', celebrated their 50th anniversaries, branded by the Nation Media Group as "50 Golden Years", in 2010. NMG owns a 76.5% stake in the Monitor Publications Limited and 93.3 KFM, a Kampala-based radio station in Uganda. It also owns two television stations in the country, NTV Uganda and Spark TV. NMG also has a 60% shareholding in ''Mwananchi Communications Limited in Tanzania. Th ...
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Standard Chartered Kenya
Standard Chartered Kenya, whose official name is Standard Chartered Bank Kenya Limited, but is sometimes referred to as Stanchart Kenya, is a commercial bank in Kenya. It is a subsidiary of the British multinational financial conglomerate headquartered in London, United Kingdom, known as Standard Chartered. Stanchart Kenya is one of the banks licensed by the Central Bank of Kenya, the central bank and national banking regulator, in the largest economy in the East African Community. Standard Chartered Kenya is a large financial services provider in Kenya. , the bank's total assets were valued at about US$2.539 billion (KES:220.39 billion), with shareholders' equity of about US$417.1 million (KES:36.2 billion). At that time, Standard Chartered Kenya was the 4th largest bank, by assets, out of the 43 licensed banks in the country. History According to the website of the Central Bank of Kenya, the Standard Bank of British South Africa received its commercial banking license in 1910 ...
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Barclays Bank (Kenya)
Absa Bank Kenya Plc, formerly Barclays Bank Kenya Limited, is a commercial bank in Kenya and a subsidiary of South Africa-based Absa Group Limited. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator. Location The headquarters and main branch of the bank are located at Absa Westend Building, off Waiyaki Way, in Nairobi, Kenya's capital and largest city. Overview As of December 2019, the bank is a large financial services institution in Kenya, with an asset base in excess of KSh:374.109 billion (US$3.561 billion), with shareholders' equity of KSh:44.079 billion (US$419.654 million). As of March 2014, Barclays Bank of Kenya was the fifth-largest commercial bank in Kenya, by assets, behind KCB Group, Equity Group Holdings Limited, Cooperative Bank and Standard Chartered Kenya. History The bank's history traces from 1916 when the National Bank of South Africa (now First National Bank) opened a branch. In 1925, National Bank of South Africa ...
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National Bank Of Kenya
National Bank of Kenya (NBK), also known as National Bank, is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya, the central bank, and national banking regulator. Effective September 2019, the bank is a wholly owned subsidiary of the Kenya Commercial Bank Group. Overview NBK is a large financial services provider in Kenya, serving individuals, small-to-medium companies and businesses (SMEs) and large corporations. Headquartered in Nairobi, the bank owns one subsidiary company: ''NatBank Trustee and Investment Services Limited''. , National Bank of Kenya's asset base was valued at approximately US$1.122 billion (KES:115.143 billion), with shareholders' equity valued at about US$67.6 million (KES:6.936 billion). Following the acquisition of the shares of NBK by KCB Group in September 2019, the shares of NBK were de-listed from the Nairobi Securities Exchange on 16 September 2019. History The bank was establi ...
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Housing Finance Company Of Kenya
Housing Finance Company Limited (''HFC Limited''), commonly referred to as Housing Finance, is a commercial bank in Kenya, regulated by the Central Bank of Kenya, the central bank and national banking regulator. HFC is major mortgage lender in Kenya and was the second-largest in the market with KSh33.7 billion (approx. US$302 million) in mortgage loans, as of December 2019. At that time, Kenya Commercial Bank, the largest mortgage lender in the country had KSh64.3 billion (approx. US$577 million) in mortgage loans. Overview Housing Finance Company Limited is a large mortgage finance company, serving the mortgage needs of the Kenyan population. , the company's total assets were valued at KSh55,445,249,000 (approximately US$497 million), with shareholders' equity of KSh8.562 billion (approx. US$76.8 million). History The company was established in November 1965, to promote a savings culture and home ownership among the citizens of newly independent Kenya. Major investors in the ...
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Kenya Commercial Bank Group
KCB Group Limited, also known as the KCB Group, is a financial services holding company based in the African Great Lakes region. The Group's headquarters are in Nairobi, Kenya, with its subsidiaries being KCB Bank Kenya Limited, KCB Bank Burundi Limited, KCB Bank Rwanda Limited, KCB Bank South Sudan Limited, KCB Bank Tanzania Limited, KCB TMB Congo and KCB Bank Uganda Limited. Overview As of December 2017, the Group had assets of US$6.47 Billion (KSh:646.7 Billion) with shareholders' equity of US$1.06 Billion (KSh:US$105.97 billion). In July 2015, news media reported that the group was pursuing expansion plans into the Democratic Republic of the Congo, Ethiopia, and Mozambique. History The history of Kenya Commercial Bank Limited dates back to July 1896, when its predecessor, the National Bank of India (NBI), opened a branch in Mombasa to handle the business that the port was attracting at that time. In 1958, Grindlays Bank merged with the NBI to form the National and Grin ...
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East Africa Portland Cement Company
East African Portland Cement Company commonly known by its abbreviation EAPCC, is a Kenyan based construction company specializing in the manufacturing and selling of cement and cement related products. Overview EAPCC's headquarters are located in Athi River, a small town about 30 km from Nairobi, Kenya's capital city. The company has operations in Kenya and Uganda. History East African Portland Cement Company started as a trading company importing cement mainly from England for early construction work in British East Africa (now Kenya) as an agent of Blue Circle Industries of the United Kingdom. The name ''Portland'' was given due to the resemblance in colour of set cement to the Portland stone that was mined on the Isle of Portland in Dorset, England. In February 1933, the Company was incorporated in Kenya with the first factory in Nairobi's Industrial Area. The Company had one cement mill and used imported clinker from India for cement manufacturing. The production cap ...
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Bamburi Cement
Bamburi Cement Limited is an industrial company in Kenya specialising in cement and concrete. The company has operations in Bamburi suburb of Mombasa, it is headquartered in Nairobi and its stock is listed on the Nairobi Securities Exchange. Overview Bamburi Cement is the largest manufacturer of cement in Eastern Africa, with its cement plant in Mombasa being the second largest cement plant in sub-Saharan Africa. This has given it the title of largest manufacturing export earner in Kenya. As of December 2015, the company's total assets were valued at US$420 million, with shareholders' equity of about US$297 million. History Bamburi Cement was founded in 1951 by Felix Mandl as a partnership between Cementia Holding and Blue Circle in British Kenya. production from its Mombasa plant in 1954. In 1998, Bamburi opened a clinker grinding plant in Subsidiaries and investments The companies that comprise Bamburi Cement include, but are not limited, to the following: * Bamburi Ce ...
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Kenya Electricity Generating Company
Kenya Electricity Generating Company PLC abbreviated to KenGen, is a government enterprise in the Republic of Kenya charged with the production of electricity for the country. KenGen is the largest electric power producer in Kenya, generating over 60% of the electricity consumed in the country. Overview KenGen relies on various sources to generate electricity, ranging from hydropower, geothermal, thermal and wind, with hydropower being the leading source of electricity. The company owns 30 hydropower plants with a combined capacity of 825.69 MW, four thermal power plants generating 256 MW, seven geothermal power plants with a generating capacity of 713.13 MW and one Wind power plant at Ngong producing 26 MW, for a combined generating capacity of 1,817.82 MW. Presently KenGen operates five major geothermal power plants with 12 installed units, namely: Olkaria I, Olkaria II, Olkaria I unit 4 and 5, Olkaria IV, Olkaria V. 16 wellhead plants wi ...
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Cigarettes
A cigarette is a narrow cylinder containing a combustible material, typically tobacco, that is rolled into thin paper for smoking. The cigarette is ignited at one end, causing it to smolder; the resulting smoke is orally inhaled via the opposite end. Cigarette smoking is the most common method of tobacco consumption. The term ''cigarette'', as commonly used, refers to a tobacco cigarette, but the word is sometimes used to refer to other substances, such as a cannabis cigarette or an herbal cigarette. A cigarette is distinguished from a cigar by its usually smaller size, use of processed leaf, and paper wrapping, which is typically white. Since the 1920s, scientists and doctors have been able to link smoking with respiratory illness. Researchers have identified negative health effects from smoking cigarettes such as cancer, chronic obstructive pulmonary disease (COPD), heart disease, and other health problems relating to nearly every organ of the body. Nicotine, the psychoact ...
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