- Co-operative Bank of Kenya has received a seven-year long-term funding facility of Ksh14 billion (100 million US Dollars) from a DEG consortium of financial institutions led for onward lending.
- More than 200 CEOs managing co-operatives have benefited from CIC Group’s blended business and strategic management capacity building programme aimed at increasing the growth and competitiveness of their organisations.
- Renting a house can become financially burdensome after retirement. Without a regular source of income, it can be difficult to keep up with rent payments.
- In the world of investments, understanding unit trusts and embracing them have emerged as a popular choice for both seasoned investors and those new to the financial landscape.
- When 22-year-old Isaya Wanjala Bwabi met veteran journalist Alex Chamwada for the first time two years ago, he had just been posted as a security guard at a Kilimani Estate Court where Chams Media has an office. Bwabi was just a month-old on the job with high hopes of transforming his life and…
- Mabati Rolling Mills (MRM), a leading manufacturer of building solutions and a member of the Safal Group, has donated 400 Kiswahili books to Nairobi City County.
- Mount Kenya University (MKU) on July 13, 2023, hosted AI Hackathon as it looks to establish an AI research centre and participating in the prestigious IBM 2023 Call for Code Global Challenge. The AI Hackathon, held on the university campus, brought together a diverse group of talented students,…
- The US$300 million that was to be transferred to Lloyd's Energy by a Kenyan entity but was held by authorities pending investigation was blocked due to suspicions of clandestine financial sources of the large amount of green buck.
- Standard Chartered Bank has announced the appointment of Tanveer Nandhra as the Head of Financial Markets, Standard Chartered East Africa with immediate effect.
- Commercial real estate has long been one of the most preferred investments for the wealthiest families in Kenya. Most of the biggest malls in the most prime areas of the capital, Nairobi, and its environs are associated with business tycoons who made fortunes in sectors including agriculture,…
- Nation Media Group (NMG) has over the past two weeks been silently laying off employees, including journalists, as it consolidates its operations into a converged newsroom.
- P&L Consulting early this month announced the appointment of Maureen Sande as its new Managing Partner responsible for the firm’s strategic direction and operations.
- I have certainly learnt many lessons during my time at the Standard Group. I made lifetime friends, discovered myself and built a foundation for my next role.
- Kenya has in recent months been on a charm offensive meant to attract investment by American firms, including Amazon, into the country, through programs including the US-Kenya business roadshow launched in April this year.
- Kenya's insurance industry paid insurance claims worth Ksh39.1 billion in the first quarter of 2023, representing a 6% increase compared to the same period in 2022 when they paid Ksh36.77 billion.
- Following engagement with stakeholders including representatives of PSV operators, the government has announced on Tuesday, July 11 that the retesting exercise had been postponed to September 1st, 2023.
- In a public notice, the auctioneers - Garam Investments - disclosed; “The parcel extends to 1,342 acres… It is developed with an exclusive tea zone for export-oriented commercial tea cultivation. There are 2.47 million tea bushes occupying 958.75 acres. There are 100,942 eucalyptus trees and 2,223…
- Jubilee Health Insurance’s Afya Mashinani Initiative has concluded its medical drive in Nakuru, reaching over 5,000 residents. This community-focused program, aimed at extending accessible healthcare services to underserved populations, successfully reached over 5000 individuals, delivering…
- Kenya is set to experience a significant economic boost as Sama, which provides data annotation solutions that power AI models of the future, confirmed plans to enhance its Business Process Outsourcing (BPO) investments locally.
- NTT Ltd is enhancing its technology offering for the Tour de France and Tour de France Femmes avec Zwift to bring IoT, edge connectivity, and edge computing to the sporting event.
- Gichuru, founder of tech incubator Nailab and edtech startup Kidato, on Sunday, July 9, sought to rally Kenyans who had had their funds held to sign up to join his legal effort.
- As the industry evolves, Cosmos remains at the forefront, driving innovation and fostering a more interconnected and inclusive financial system and enabling Cross-Blockchain Transfers
- The Indo East Africa Trade Expo 2023 has kicked off at the Kenyatta International Convention Centre (KICC) in Nairobi, Kenya. Running from July 5, 2023, to July 7, 2023, the event brings together a diverse range of Indian businesses and offers a unique platform to explore and leverage the latest…
- Pan-African trade and investment development insurer African Trade Insurance Agency (ATI) has rebranded to African Trade and Investment Development Insurance (ATIDI). The move was announced in Kigali during the underwriter’s 2023 Annual General Meeting (AGM), which gathers representatives of the…
- European mobility leader Bolt has announced it has surpassed 150 million customers in over 45 countries and 500 cities. Bolt’s 150 million customers are spread across its suite of mobility products which include ride-hailing, micromobility (scooter and e-bike rental), food delivery, grocery…
- Airtel 5G network will revolutionize various sectors, such as smart cities, education, healthcare, agri-tech, transport systems, entertainment, and more, which will shape the future of Kenya.
- Safaricom noted that expanding its investments to growth stage startups would enable it to expand its offering to customers across segments including financial services, consumer, enterprise and SMEs.
- South African engineering and infrastructure advisory firm Zutari has officially been launched in the country after receiving registration as a fully licensed company in Nairobi, Kenya. “East Africa has long been identified as a growth area for Zutari, with Kenya at the centre of our expansion…
- Friday 30th June registered a key milestone for potato farmers in Kenya when players in the crop's value chain - The Potato Consortium - concluded a major step towards achieving the farm-to-plate value model.
- KCB has partnered with the United Nations Institute for Training and Research (UNITAR) to roll out a programme that will see 100,000 riders benefit from electric motorbikes over the next six years. The Bank will provide green loans to the riders to acquire electric bikes and tuk-tuks through local…
- It boasts a prime location in the heart of the city close to numerous attractions, including parks, museums, bars and restaurants in the city. The hotel also incorporates a shared lounge and bar.
- Jubilee Insurance has launched a one-week Afya Mashinani Initiative through a free medical camp in Nakuru County. Afya Mashinani, which translates to “Healthcare in the Community,” is a comprehensive campaign that addresses pressing healthcare needs while empowering communities from underserved…
- The European Patent Office (EPO) on 4th July 2023 announced that Maasai inventor, Mr Richard Turere, won first place in the Young Inventor Prize at the European Inventor Award 2023.