- 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…
- Bamburi Cement Plc, has signed a partnership with real estate firm AMG Realtors, in a bid to support diaspora landowners to build their homes in a transparent construction process in Kenya. Due to the integrity issues that home-builders face in Kenya, Bamburi has entered this partnership through…
- Kenya Reinsurance Corporation Limited (Kenya Re) has appointed Dr Hillary Maina Wachinga as the Managing Director of the Corporation. Dr Hillary Maina Wachinga has over 17 years of proven work experience in risk management, compliance and auditing – 16 of which have been at the management level. “…
- The increased payout follows the bank's growth in profit after tax, from Ksh10.22 billion in 2021 to Ksh13.78 billion in 2022 - representing a 34.77% increase.
- Carrefour, owned and operated by Majid Al Futtaim in Kenya, has launched a self-checkout service in its Nairobi Westgate Mall store. The first-of-its-kind service in Kenya allows customers to shop and complete purchases without the assistance of cashiers at the cash counter, saving time and…
- Malindi tourism pioneer and founder of Franco Rosso International – one of Italy’s leading tour operators – Franco Rosso died on Monday, March 27, 2023, aged 94 in Lugano, Switzerland. He launched Kenya on the Italian market 50 years ago with the first charter flight from Italy to Nairobi. He…
- Bamburi Cement, partnering with Isuzu East Africa, has announced the fourth edition of their Women on Wheels (WoW) program, which seeks to recruit, train and place 50 more female truck drivers in Kenya this year. Increasing the opportunities from the 21 female drivers trained and placed in jobs…
- BAT Kenya has launched a Ksh10 million Rural Women’s Development Programme (RuWDeP), as part of its commitment to create shared value in the communities it operates. Launched during this year’s International Women’s Day, the RuWDep aims to empower more than 1,600 women from the Oyani and Malakisi…
- The Kenya Reinsurance Corporation (Kenya Re) has today reported a profit after Tax of Ksh3.62 billion for the year ended December 31, 2022, representing a 15% growth compared to 2021 full year results of Ksh3.16 billion. The Corporation’s gross written premiums grew by 23% to stand at Ksh24.98…
- The board recommended a dividend payout of Ksh15.1 billion, up 33% from Ksh11.3B the previous year - placing dividend per share for 2022 at Ksh4 up from Ksh3 in 2021.
- For the financial year ended December 2022, Kenya Airways' loss more than doubled to hit Ksh38.26 billion from Ksh15.87 billion the previous year. The carrier last recorded a profit in 2012, when it posted a Ksh1.66 billion net profit.
- M-Pesa Foundation has partnered with Rose Women’s Foundation, for a Ksh6 million economic empowerment program that will see low-income women entrepreneurs equipped with the right skills to run sustainable businesses and alleviate poverty in the long-term. The program, which will benefit over 150…
- TV47 chief executive officer Abubakar Abdullahi has resigned from the station citing personal reasons and need to pursue other interests. In a note to the staff members, Abdullahi termed the opportunity to serve the station as the CEO as a “lifetime honour”. “It has been a lifetime honour and…
- Hundreds of unknown individuals stormed a farm associated with the family of former President Uhuru Kenyatta in Ruiru, Kiambu county on Monday, March 27.
- The list of female entrepreneurs who have defied odds and set up thriving empires in the business world through leading, innovating, and creating organisations is growing. This was unheard off over 30 years ago.
- The Central Bank of Kenya (CBK) has licensed 10 Digital Credit Providers (DCPs), which brings the total number of licenced digital lenders to 32. In a statement on Monday, March 27, 2023, CBK said it has received 401 applications since March 2022. “CBK has engaged other regulators and agencies…
- The Board of KCB Group has announced the appointment of Joseph Kinyua to the Board of Directors with effect from March 24, 2023. Kinyua is the immediate former Head of Public Service. He has had an illustrious career spanning over 44 years in public service and has a wealth of experience in public…