This reduction helped StanChart grow at a time of flat incomes where interest on loans remained flat at Sh6.7 billion even though customers grew from Sh111 billion to Sh120
billion by June 2019."If you look at our cover ratio it is 76 percent above the 35 percent industry average," StanChart chief financial officer Ms Chemutai Murgor said during an investor briefing on Monday.However, even as the lender scaled down on provisioning its bad loans piled up from Sh18.5 billion last year to Sh19.7 billion.
The completed roads projects have already cost the county more than Sh700 million while the beach road will cover 5.5 kilometers and cost Sh120
The company has launched KB Lager, which retails at Sh120
The conditions are that they should belong to a registered group, preferably with table banking records of past group meetings and a well-laid out plan on how they intend to invest the money.To be entitled to the loans, every group is expected to pay for registration, with a member parting with Sh120
.Should it collect this amount from the women groups that have expressed interest, the organisation will rake in millions of shillings from registration fee alone.
Further, SportPesa also sponsors two of the country's popular football teams - rivals AFC Leopards and Gor Mahia to the tune of Sh120
million each year.
They did not draw salaries but only monthly allowances that rose gradually from Sh60 per month to Sh120
and then to a high of Sh3,600 by the time they left office in 2012.
182 HEAD OF CATTLE The price of a cow in Laikipia currently ranges between S5,000 and Sh120
,000, according to Mr Leiyagu.
Besides being served with a seven-day improvement order by Nema, the facility was ordered to apply for afresh EDL and pay Sh120
,000 - Sh20,000 annually backdated to 2014.
For example, to start a medium-sized seed breeding and multiplication unit one needs Sh120
Djibouti market will bring up to Sh120
million monthly for the crop that has suffered a ban in Europe, the United Kingdom and most of the G8 nations.
He acknowledged that devolution has been facing serious challenges, among them a ballooning wage bill that stood at Sh120
billion in the 2018/19 financial year and over-reliance on shareable revenue.