- Co-operative Bank of Kenya (Co-op Bank) has cut interest rates for personal loans and asset financing. The reduction from 14 to 13 percent per year, effective April 1, targets select salaried borrowers such as civil servants who have a good repayment history. Co-op Bank said the cut was in response…
- Over 250,000 households are expected to benefit from the project representing 1.6 million pastoralists and their dependents across the four countries over a five-year period.
- In 2022, Kenyans of legal drinking age were given exposure to the campaign at various outlets, where they participated in exciting challenges to be one of the top 26 finalists.
- Six start-ups from Uasin Gichu County have been awarded Ksh. 1 million through the Mozilla Mashinani tech-innovation challenge launched by Mozilla Africa Mradi and the Gladys Boss Foundation (GBF), during a workshop for tech-startups and students held in Eldoret. The startups will be offered…
- Ndii stated that the civil servants payroll would be settled 'next week', but admitted that the government was facing a liquidity crisis driven by mounting debt repayments. He, however, admitted that the government was wasteful and advised on measures to be taken to stem the situation.
- Burugu saw an opportunity at the time as the 'Beer Wars' pitting EABL against South African Breweries (SAB) were brewing. The late politician Njenga Karume was at the time EABL's top distributor, but ditched the company to become a distributor for SAB which owned the Castle Lager brand.
- Are you aware of your strengths and weaknesses? Self-awareness is like the good taste or a sense of humour. Everyone thinks they have it, but that’s not always the case. Yet, it’s the number one skill that Claire Hughes Johnson, a former Google VP and current advisor for Stripe, would look for when…
- "For the first time since independence in 1963, the government of Kenya is unable to pay salaries to civil servants and members of parliament. Nearly all civil servants don't know when or if they will ever be paid. The situation has been degenerating progressively since December last year," he…
- When people think of a safari, Africa is usually the first thing that comes to mind. The Big 5, exquisite birdlife, wild and rustic bushes. We chatted to Shaun Wheeler, General Manager of Radisson Blu Mosi-Oa-Tunya, Livingstone Resort on why Africa is such an incredible safari destination, and why…
- Easter is the biggest Christian celebration of the year, with millions of faithfuls around the world gathering to mark the resurrection of Christ. In Kenya, where more than 80% identify as Christian, the Easter festivities often involve upcountry road trips, family meals and church services. Most…
- A delegation of six Members of the European Parliament is visiting Kenya to see first-hand how the European Investment Bank (EIB), which is the European Union (EU)’s lending arm, is supporting high-impact investment in Kenya. The members are part of the Committee on Development which covers EU…
- Created by Oscar nominee Jesse Armstrong (Veep), Succession has already won over 100 awards, including the Emmys for Outstanding Drama Series in 2020 and 2022.
- The company has notably been ramping up its engagement with county governments in recent months. This year, Safaricom CEO Peter Ndegwa has on separate occasions met the Governors of Nairobi, Laikipia, Elgeyo Marakwet, Murang'a and Uasin Gishu.
- Castrol has a wide range of oils and fluids for the various market segments including car, motorcycle and commercial vehicle engines as well as industrial, marine, technology and innovation applications.
- Visa Foundation has announced that it expects to contribute $5 million (Ksh667 million) in grants and impact investments in Africa that will support women’s participation in the digital economy. The Foundation investments were made in connection with United States Vice President Kamala Harris’s…
- By Carol Koech Globally, there is a broad consensus that electrification is the most viable way to decarbonize systems and processes powered by fossil fuels. It is estimated that the share of electricity in the global energy mix will grow from 6% today to at least 40% by 2040. But here’s the catch…
- Sidian Bank has moved its Mombasa Branch to City Landmark from the current location in a move aimed at offering port users and other Coastal customers better services. Owing to the proximity to the Mombasa Port, the new branch which is located within the Central Business District will serve Sidian…
- The Coca-Cola system in Kenya awarded the first winner with a year’s worth of food shopping in Nairobi. Kevin Mituga, a Saika resident in Nairobi was announced as the winner in the ongoing promotion. Speaking at the award ceremony, Kevin Mituga said, “It’s a once in a lifetime chance to be able to…
- KCB has injected Ksh0.5 million into the Kenya Open Chess Tournament that will kick off tomorrow 5th– 10th April 2023 at the Sarit Expo Centre, Nairobi. The 31st edition of the Kenya Open Chess Tournament has attracted over 450 chess players from across the globe who will be battling for various…
- Ng'ang'a has invested heavily in the hospitality and real estate sectors. This week, he confirmed that his Newstead Hotel, located in Naivasha along the Nairobi-Nakuru highway, was on the market.
- Konza Technopolis Development Authority (KoTDA) and Moringa School have signed a memorandum of understanding (MoU) to support the design and implementation of the Jitume Skills Program in Kenya. Through the partnerships, the youth will now access digital skills training via the Moringa School…
- The government’s move to set aside prime land for free to private developers will help to significantly lower the overall cost of home ownership in Kenya. Mizizi Africa Homes Chief Executive Officer, George Mburu has lauded the move saying it will accelerate the construction of affordable housing…
- Live resin carts are an exploding trend in cannabis concentrates because of their distinct flavor and enjoyable characteristics. Essentially, it is made using a method that freezes the cannabis before being extracted into concentrated form, allowing the extraction process to preserve more terpene…
- Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, and the Information Communication Technology (ICT) Authority, a state corporation under the Ministry of Information Communication and Technology, have announced plans to upskill 10,000 students using AWS Academy. AWS Academy is an AWS…
- Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, and the Information Communication Technology (ICT) Authority, a state corporation under the Ministry of Information Communication and Technology, have announced plans to upskill 10,000 students using AWS Academy. AWS Academy is an AWS…
- JW Marriott, part of Marriott Bonvoy’s global portfolio of 30 extraordinary hotel brands, has announced the opening of JW Marriott Masai Mara Lodge, marking the company’s highly anticipated debut in the luxury safari segment.Sitting within the Masai Mara National Reserve in Southwestern Kenya, one…
- JW Marriott, part of Marriott Bonvoy’s global portfolio of 30 extraordinary hotel brands, has announced the opening of JW Marriott Masai Mara Lodge, marking the company’s highly anticipated debut in the luxury safari segment.Sitting within the Masai Mara National Reserve in Southwestern Kenya, one…
- Weru was infamously let go by Radio Africa Group in 2020, after a storm that saw him accused of misogyny over comments he made regarding a case of gender based violence (GBV).
- Joseph Kinyua, the long-serving senior civil servant who only left public service in October last year, after four decades, has been confirmed as the new Chairman of Kenya Commercial Bank (KCB) Group - one of Kenya's largest banks.
- The International Air Transport Association (IATA) is launching “Focus Africa” to strengthen aviation’s contribution to Africa’s economic and social development and improve connectivity, safety and reliability for passengers and shippers. This initiative will align private and public stakeholders…
- Looking forward to the introduction of the new service, Little CEO Kamal Budhabhatti stated that the club hopping feature would help revelers cut transportation costs, with prices as low as Ksh100.
- Smirnoff Fiesta Party: Kenya Breweries Ltd, through its ready to drink (RTD) brands, Smirnoff Guarana and Black Ice, have come together to bring you the ultimate party experience.
- As of 2021, around 4,300 depositors, or eight percent of Imperial Bank depositors, were yet to get their money back in full. 45,700 depositors, or 92%, had been paid in full.
- Listed superfoods grower and exporter Kakuzi Plc has announced the appointment of Ms Pamella Ager as an independent director to enhance its corporate governance and board diversity standards. An advocate of the High Court of Kenya, Ms Ager is a widely experienced corporate legal practitioner who…
- Kenyan boxer Daniel Wanyonyi has signed a sponsorship deal with Kenyan betting company Bet Nare, ahead of a return fight against Tanzanian opponent Karim Madonga alias Mtu Kazi. Wanyonyi signed the deal on Friday, March 31, 2023, at Bet Nare offices, which will cover all his training expenses and…
- By supporting the implementation of Nairobi Electric Bus Line - a safe, clean, high quality and efficient public transport system in Nairobi - Team Europe is the key partner in Kenya's green transition.
- Residents of Lamu County will benefit from improved maternal health services after the Safaricom Foundation invested over Ksh4 million in a health facility in the county. At Mpeketoni Sub County Hospital, the Safaricom Foundation handed over newly constructed maternity units for Ksh4.15 million.…
- Speaking at the American Chamber of Commerce Regional Business Summit hosted in Nairobi on Thursday, March 30, the President reiterated the need to make Kenya more competitive, maintaining that his administration would review taxation and regulatory policies.
- Jumia Kenya consumers will now receive their online orders in their original packaging from the manufacturer without any extra wrap from Jumia. This follows the company’s recent announcement, which aligns with its ESG strategy aimed at environmentally friendly activities in the countries it…
- Family Bank Group has recorded a Ksh3.7 billion Profit Before Tax for the full year ended December 31, 2022, a 12.2 % growth compared to Ksh3.3 billion posted in 2021. The revenue growth was catapulted by double-digit growth in revenues, customer loans and prudent investment decisions by the Bank.…
- Over the past two weeks, a number of individuals at the Microsoft African Development Centre (ADC) in Nairobi have been notified of the company's decision to let them go - including product managers and software engineers.
- Acorn Investment Management Limited, the entity behind Qwetu Hostels and Qejani Student Residences, has announced a combined net profit of Ksh855 million for the year ended December 2022.
- The Kenya Film Commission (KFC) is hosting the 6th Edition of Kalasha International Film and TV Market, a three-day event at Kenyatta International Convention Centre (KICC) from March 29 to 31. The Kalasha International Film and TV Market is a unique platform for all the regional &…
- During this period, FSD Africa has contributed to 10.2 million people accessing financial services, invested over £50 million towards green initiatives and created 35,700 Full-Time Equivalent Jobs.
- Mr Nixon Shigoli has been elected Board Chairman of the Association of Kenya Insurers (AKI) during the Association’s 36th annual general meeting held on March 23, 2023. Mr Shigoli, who is the CEO of Occidental Insurance Company, takes over from Mr James Oyugi, CEO of Cannon Life Assurance who has…