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NEW APP ENABLING FARMERS ACCESS TRACTOR SERVICES WITH EASE
For many years, farmers in East Africa have had a hard time accessing farm machinery to work on their farms due to financial and credit

VAELL TO RAISE KSHS 8.4 BILLION THROUGH AN ASSET-BACKED BOND ISSUE
NIC Capital, the investment banking subsidiary of the NIC Bank Group, has been mandated as the Lead Arranger to help leasing firm Vehicle and Equipment

VAELL PARTNERS WITH SOUTH KOREAN AUTOMAKER HYUNDAI MOTORS
South Korean automaker Hyundai Motors has partnered with a Kenyan leasing company—Vehicle and Equipment Leasing Limited (Vaell)— as it seeks to grow sales in East

Vaell admitted to NSE’s Ibuka programme
Vehicle and Equipment Leasing Limited (Vaell) has become the sixth enterprise to so far be admitted into the Nairobi Securities Exchange (NSE) premium incubation programme,

LENDER ORDERED TO PAY VAELL SH8M
In the court ruling documents seen by The Standard, the court established that the lender had overcharged VAELL interest rates of up to 28 per

QUIPBANK HANDS OVER EX-LEASE VEHICLES
There was a handover of ex-lease vehicles to a number of corporates and individuals at Quipbank’s yard, Buffalo Mall, Naivasha. Quipbank handed over the units