- Africa Tech Summit has announced the final shortlist of ventures who will Pitch Live on stage to investors, corporate and media at the Africa Tech Summit in Nairobi from 15th to 16th February.
- According to the President, powerful individuals in government have been avoiding paying their taxes in previous years - a practice he says he will bring to an end.
- The move follows the gazettement of water reservoirs and critical water sources as well as national water management and supply infrastructure as critical infrastructure under the Protected Areas act, facilitating the special protection.
- Jumia Kenya has launched Gadget Mondays, a brand campaign aimed at helping consumers make informed decisions when purchasing tech gadgets like smartphones, home appliances, and computing devices. The company is well known as the home of tech brands in Kenya and will feature brands like Tecno,…
- Absa Bank Kenya has unveiled an Automatic Teller Machine (ATM) withdrawal option on its mobile wallet platform Timiza, allowing subscribers to withdraw funds from any of the bank’s ATMs across the country. Absa Bank’s Head of Digital Channels Steven Omamo said the upgrade on Timiza is in line with…
- The latest update by CBK comes against the backdrop of frustration from digital lenders who are yet to receive their licenses, and face potential removal of their apps from Google Play Store. In November 2022, Google announced that it would require loan apps to submit proof of licensing in Kenya to…
- The Commercial International Bank (Egypt) S.A.E. (CIB) has acquired the remaining 49 percent shareholding of the Mayfair CIB Bank Limited (MBL) effective January 31, 2023. In a statement on Monday, January 30, 2023, the Central Bank of Kenya (CBK) announced that it had approved the transaction on…
- Enwealth Fanisi Program, the education scholarships initiative run by Enwealth Financial Services, has this year marked a new milestone announcing over 300 students fully sponsored for their high school education since its inception in 2012. During this period, the company has supported needy and…
- The financial situation at Standard Group is getting dire by the week. While employees are getting used to salary delays, the reality is beginning to sink in: day by day they are getting broke and broke.
- JUMO, a technology company building next-generation financial services for emerging market entrepreneurs, has hired former Kenyan ICT Minister Joe Mucheru as President.
- Josef Seibel, founded in 1886 in Haunstein, Germany, is targeting Kenya's ever-expanding middle and upper class consumers with European comfort standard shoe brands.
- Amos Kiprotich Keter is the latest millionaire in town after winning Ksh3.4 million on Odibets. Amos played the Aviator game which is under Casino on Odibets before scooping the millions. One’s earnings on the Aviator game depends on the height you fly the plane, a game Amos seems to have mastered…
- Gachagua is pushing county governments in the Mt. Kenya region to cut the number of the entertainment joints whose licenses allow them to operate late into the night, as opposed to regular bar licenses requiring them to close at 11 pm.
- The bone of contention was whether assets in divorce cases should be distributed on a 50-50 basis or on the basis of individual contributions to their acquisition. Article 45(3) of the constitution does not state distribution should be on a 50:50 basis or provide a mathematical formula of sharing…
- East African Breweries PLC (EABL) has reported Ksh57.3 billion in net sales for the half year ended December 31, 2022, representing a 4 percent growth compared to the same period last year. During this period, Group volumes declined by 4 percent year-on-year, as price increases impacted consumer…
- Odhiambo was appointed Managing Director of KCB Bank Rwanda in 2017, and in April 2022 took charge of BPR Bank Rwanda Plc - the entity resulting from the merger of KCB Rwanda and Banque Populaire du Rwanda (BPR).
- 302 bright but needy students have received scholarships through Tufuzu na Elimuprogramme by the Family Group Foundation. The Foundation set aside Ksh60 million to cater for tuition, accommodation, school uniforms, upkeep and regular mentorship programmes for four years for the beneficiaries…
- KenGen Dividend: Kenya Electricity Generating Company PLC (KenGen) will pay a total of Ksh1.32 billion in dividends to its shareholders for the year ending 30 June, 2022.
- Adil Arshed Khawaja (MBS) has been elected as the Chairman of the Safaricom board effective Thursday, January 26, 2023. Khawaja is an Advocate of the High Court of Kenya with over 30 years of experience in the legal profession. In recognition of his contribution towards environmental conservation…
- Even with the end of the festive season and the setting in of the new year responsibilities, GOtv customers still have reason to celebrate as more entertainment comes their way.
- After watching in silence for a long time, the Media Council of Kenya (MCK) is moving to address the ever-presence nuisance of people masquerading as journalists who throng news events, giving journalism a bad name.
- A lucky man in Naivasha, Nakuru County is the latest millionaire in town after winning Ksh1.6 million on Odibets. Mr Martin Wafula, who works as a propagation manager for an NGO in Naivasha, placed two separate bets with Ksh45 each. In the first bet, he placed Ksh45 and won Ksh915,679.96 while in…
- Mutesi replaces George Odhiambo who, according to the company, will be assigned other duties within the Kenya Commercial Bank (KCB) Group. Odhiambo was appointed MD of KCB Bank Rwanda in 2017, and took charge of the merged entity, BPR Bank Rwanda, in April 2022.
- Global independent oil and gas, exploration and production firm Tullow Oil Plc has reiterated its commitment to scale up the development of Project Oil Kenya this year. This year, Tullow plans to invest Ksh1.24 billion (US$10 million) in Project Oil Kenya appraisal engagements focusing on fine-…
- Samsung Electronics Co. has announced that its Device Solutions (DS) Division attained the ISO 22301 Certificate, the international standard for Business Continuity Management System (BCMS). The ISO 22301, awarded to Samsung by the British Standards Institution (BSI), certifies that an organization…
- Postbank has appointed Ambassador Sarah Serem as the chairperson of the bank’s board of directors for the next three years with effect from 13th January, 2023.
- In a letter to President William Ruto, the former Mumias Sugar Employees are pushing for the revocation of the 20-year lease awarded to Uganda-based Sarrai Group, accusing its management of running down the company instead of reviving it.
- Reports that Martha Koome was on January 17, 2023, admitted to the Kenyatta National Hospital are false. The news was shared by a tabloid dubbed Kenya-today, which claimed that the Chief Justice was admitted to the Private Wing of the hospital. The tabloid reported that Koome fell ill on Tuesday,…
- FKE Executive Director Jacqueline Mugo voiced opposition to the bill, stating that it would hinder labour relations and negatively impact plans to cut unemployment. She maintains that employers should be able to run their operations as they see fit.
- Besides the service stations, Madaraka Express tickets are sold online via the KRC website. The route includes two main stations at Mombasa and Nairobi and seven intermediate stations at Mariakani, Miasenyi, Voi, Mtito Andei, Kibwezi, Emali and Athi River.
- The Development Facility of the eco.business Fund has partnered with Family Bank in Kenya to offer specialized agrifinance training to Family Bank staff to optimize the bank’s capacity to reach sustainable agri-businesses and better identify eligible sub-borrowers. The fund has identified several…
- Former Education Cabinet Secretary Prof George Magoha has died at 71. Magoha, according to family, died at the Nairobi Hospital where he had been rushed after falling ill. He died of cardiac arrest. “Yes it is true. He is no more,” his wife Dr Barbra Magoha told the Nation. Prof Magoha leaves…
- Davis & Shirtliff has launched a new mobile application system that allows customers to make partial savings towards the purchase of water and energy equipment. The app dubbed Daylipa Haba, will help the supplier of water and energy-related equipment in the East Africa region tap into a growing…
- “The new rates for the house allowances shall apply to all public officers, other than state officers at the national and county government, including state corporations from the scheduled effective date of implementation. Respective employers in the civil service should initiate Collective…
- The 4-Door French-Door model fridge comes embedded with more than 190,000 possible colour combinations at users’ disposal, giving them an opportunity to mix and match until their hearts are content.
- Standard Chartered is recommending “Play it Safe” investment strategy for investors in Kenya in response to expected recessions in the US and Europe, a recovery in China, a slowdown in global inflation and a pause in Fed rates in the first half of 2023.
- Konza Technopolis Development Authority (KoTDA) has initiated talks with financiers who will provide access to affordable and long-term credit to its investors. Through the program, which will connect Konza investors to financiers and vice versa, KoTDA, the smart city’s development agency, aims to…
- Injera retires in second place on the all-time World rugby sevens try-scorers chart, thanks to 271 tries over the course of his career. He was part of Kenya's squad at the 2016 Singapore Sevens where Kenya made history by recorded its first tournament win in the World Rugby Sevens Series, beating…
- The Top Employers Institute has named BAT Kenya as a Top Employer in Kenya and Africa for the sixth time in a row. BAT was amongst just 15 companies crowned the world’s best businesses to work for, during a virtual award ceremony held on Tuesday this week. “Reflecting on the demanding year that has…
- Tips And Tricks From Professional Gamblers: By taking advantage of these valuable resources, you may find yourself enjoying greater success while still having fun.
- Her personality and charm endeared her to listeners - especially young people, during her early stint on Homeboyz Radio. When Standard Group announced the launch of Vybez, an all-Reggae and Dancehall station in Kenya in 2019, she was unveiled as host of the morning show.
- Kenya’s economy is expected to remain subdued in 2023, growing at a projected 5%, pulled down by a persistent rise in commodity prices, global events and a high risk of debt distress. However, there is an opportunity for the economy to register a remarkable upward trend if the government focuses…
- KCB Foundation has given scholarships to 1,000 needy students who sat for the 2022 Kenya Certificate of Primary Education (KCPE) examinations to join various secondary schools countrywide. This follows the completion of a nationwide exercise to identify deserving students from vulnerable and…
- Kenya's shilling is one of 69 currencies for which De La Rue is responsible for selling high-security paper and printing technology. Besides cash, it helps governments among other authorities produce driving licenses, passports, tax stamps and food vouchers - all loaded with high-security features.
- Fresh Fri Oil from Pwani Oil Products Limited has become the first cooking oil brand in the country to be certified by the Kenya Nutritionists and Dieticians Institute (KNDI) as healthy and of good quality.
- Mr Joel Chacha, the general manager and chief strategist at Tell-Em, has been announced as a judge for the annual PRWeek Global Awards. The awards honour the best in public relations, marketing, and communications and are among the most prestigious in the industry.
- Kenya is set to sign business deals in the Indian market as Kenya Tourism Board (KTB) leads travel trade members to this year’s Outbound Travel Mart (OTM) tourism fair in the country. The expo to be held at the Jio World Convention Centre, in Mumbai from February 2 to 4, brings together exhibitors…
