- Given a chance, 35 percent of Kenyan youth would leave the country to find a better job abroad, escape poverty or pursue an education. This is according to a groundbreaking 2019 survey by Afrobarometer that explores attitudes towards relocating abroad in 33 African countries. Despite the openness…
- London Distillers Kenya (LDK) brands Safari Rare Whisky and Kenya King Gin have won two global awards at the 2022 Monde Selection Quality Awards. The Safari Rare Whisky won the Gold Award while Kenya King Gin won a Silver award of quality. “Competing against a record-breaking number of over a…
- Kenya Tourism Board (KTB) is capitalizing on conferences and business meetings to popularise leisure activities in the country. KTB Chief executive officer Dr Betty Radier says tour operators are quickly taking advantage of conferences hosted in the country to offer travel packages to visitors. “…
- 2 million Kenyans, or at leat 12 percent of the Kenyans listed in the Metropol Corporation Credit Reference Bureau (CRB) have defaulted on their loans. This is according to Metropol Managing Director Sammy Omukoko, who says that most of the defaulters are unwilling or unable to service their loans…
- Despite an improved response to the 2017 East Africa drought when widespread famine was averted, the national and global responses have largely remained too slow and too limited to prevent a repeat today.
- Standard Group Editor-in-Chief Ochieng Rapuro, in an internal memo to staff on 20th May 2022, says as the newsroom prepares to cover the General Election, slated for 9th August this year, it had become necessary to address the various staffing gaps in the converged newsroom.
- Naivas Supermarket is set to open the doors of its newest outlet in Kayole, Naivasha along the Nairobi- Nakuru highway. The opening of the new store covering 18,000 square feet puts Naivas national store count at 84 with three of those now in Naivasha. The other outlets within the town are…
- Ascent Rift Valley Fund II LP, a leading East African private equity firm in the region has acquired a significant equity stake in Valley Hospital Limited located in Nakuru City, Kenya. Founded in 1996, Valley Hospital was one of the first private for-profit hospitals in Nakuru City and a pioneer…
- The Kenya Medical Supplies Authority (KEMSA) has appointed Ms Terry Ramadhani Kiunge as the new substantive Chief Executive Officer at the Authority with immediate effect. “This appointment concludes a competitive recruitment process undertaken by the Board and technically assisted by the Jomo…
- The Postal Corporation of Kenya (PCK) has signed a Memorandum of Understanding (MoU) with the Somaliland Postal Services to explore cooperation in the areas of mutual interest in international mail processing and delivery, knowledge exchange and innovative solutions in Kenya, Somaliland and other…
- The Pharmacy and Poisons Board has warned the public against the use of ‘Non-Steroidal Anti-Inflammatory Drugs’ (NSAIDs), specifically Diclofenac for pain management. The Board says that NSAIDs as a class, if used at high dose and for long periods, are associated with an increased risk of blood…
- Absa Bank Kenya has received the International Finance Corporation’s (IFC) Excellence in Design for Greater Efficiencies (EDGE) global Certification for integrating green building technologies in accordance with global standards. The bank, the first in Kenya to receive the award, has invested…
- If you are in a modern world and want to invest in your future dreams, there are several options. But if you want to go with the best one, there is nothing better than an Ethereum crypto investment. You can effortlessly capitalize on this alphanumeric currency and easily attain excellent results.…
- There are several types of cryptos available in the market, and all of them have unique features which make them attractive. Of course, you all know about the bitcoin crypto. But there is another crypto with the best features and most amazing: Ethereum. Ethereum is one of the best cryptos. It has…
- To someone in their 20-s, retirement seems distant and surreal. It is a common mindset among the young people that retirement is a preserve of the old, therefore not among the things they have to worry about. It is not uncommon to hear our youth chant the You Only Live Once (YOLO) mantra forgetting…
- Mack Rutherford is looking to clinch a Guinness World record currently held by compatriot Travis Ludlow, who was 18 when he completed a circumnavigation last year.
- East African Breweries Limited (EABL) has marked its 100 years birthday with a Ksh100 million commitment in a partnership with the Government to save elephants in Kenya. In a ceremony attended by Tourism Cabinet Secretary Najib Balala and Diageo CEO Ivan Menezes, EABL’s Group Managing Director Jane…
- More than 150 investors in the Safaricom Investment Cooperative Nanyuki project received their title deeds paving way for them to begin their construction journey to build their dream homes. Dubbed Olpajeta Ridge, the project is seated on a 300-acre plot and consists of 180 eight-acre and120…
- Koroga is regarded as one of Kenya's top music festivals. Capital hopes to make the most of the opportunity to deliver unforgettable experiences for fans at the event.
- Caetano Kenya, the official dealer of Hyundai Passenger Motor Vehicles in Kenya, on 14th May 2022 donated a fully equipped Hyundai ambulance to the Nairobi Metropolitan Services (NMS). The company presented the ambulance together with 500 pieces of certified full medical protective coveralls to…
- “We are looking into expanding to all 47 counties within Kenya. At the moment, over the next three years, we have highlighted 10 counties where we want to establish our hotels and facilities,” he stated.
- The move follows an outcry from investors concerned about the firm making trading at the Nairobi Securities Exchange (NSE) more expensive when the bourse itself is struggling.
- The United States International University-Africa (USIU) has outlined plans to strengthen its enrolment rates by more than 32 percent while diversifying the range of market-driven courses delivered as part of its institutional growth plans. The local premier higher education institution has…
- SportPesa is arguably the most recognizable betting brand in the country. The transfer of the trademarks and domain to Milestone from Pevans East Africa was opposed by a section of early Pevans shareholders led by Asenath Wachera Maina.
- The Donkey Sanctuary has launched a new animated awareness film highlighting the plight of the world’s donkeys – and communities and individuals that rely on them – as they are declared the most trafficked animal in the world with up to 2 million trafficked for slaughter every year. The demand for…
- But at Rosslyn Grove, in Nairobi, the development is being spearheaded by a female team, in a piece of leadership in Africa that resonates with mounting evidence that greater diversification leads to greater business success.
- British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has signed a US$ 100 million risk-sharing facility for supply chain finance with Citi, a global leader in trade and supply chain finance solutions. The new facility will provide liquidity and…
- Africa’s biggest reality TV show, Big Brother Naija, is returning for a seventh season! Announcing its return, MultiChoice Nigeria has called for entries through online auditions which opened on Sunday, 15th May and will close on Monday, 30th May 2022. Interested participants are expected to record…
- Pubs are the best place to watch your favorite weekday or weekend sport because of the surety of the HD quality picture, the immersive surround system experience, the crowd that that keeps roaring and the authenticity of the game the pub experience brings to the afternoon. Not to mention the tasty…
- Plans to welcome the FIFA World Cup™ trophy to Kenya are in top gear as the country prepares to receive the most coveted sporting prize on the 26th May. The first phase of the FIFA World Cup™ trophy tour by Coca-Cola kicked off in Dubai last week and is expected to cover 22 countries between May […]
- Salabani Primary, the school that was in 2020 swept by floods from Lake Baringo and Bogoria, has been reconstructed with new classrooms set on higher ground. The school, located in Baringo County, has undergone a significant makeover, giving it a fresh new look. The rehabilitation was sponsored by…
- According to the corporation, the fee is necessary to keep CDSC financially stable and to enable it to offer better and expanded services. Worryingly, only 61,000 of the 2.03 million share accounts at the CDSC have participated in trading over the past two years.
- Ethiopia’s Ministry of Finance, the Ethiopian Investment Holdings and FSD Africa have signed a cooperation agreement to establish the Ethiopian Securities Exchange (ESX). Once established, the ESX will become the 30th exchange on the continent. At least fifty companies, including banks and…
- Kenya Power has appointed Eng. Geoffrey Wasua Muli as the Acting Managing Director with effect from May 17, 2022. Eng. Muli will step into the shoes of Eng. Rosemary Oduor who was serving in an acting capacity. Eng. Oduor is proceeding on annual leave. “We wish to inform our shareholders that the…
- Speaking at a press conference in Nairobi, the distributors also told MPs “it should not be business as usual” as they consider the Finance Bill in their last days before the House adjourns indefinitely ahead of the General Election.
- Standard Chartered Bank Kenya Limited’s profit before tax grew 16 percent year-on-year from Ksh3.4 billion to Ksh3.9 billion with strong underlying business momentum. Profit after tax grew by the same margin, from Ksh2.4 billion in the first quarter of 2021 to Ksh2.8 billion in the first quarter of…
- The Competition Tribunal found the firm guilty of publishing misleading advertisements, forcing buyers to change product specifications after receiving payments, and lengthy delays in completing refunds for customers with cancelled orders.
- Its creators envision First Patriots becoming 'the most immersive cultural experience' yet. The first edition is slated for Madaraka Day on June 1st.
- Listed agribusiness firm Kakuzi Plc shareholders have begun to enjoy the company’s diversification fruits even as plans to broaden revenue streams continue to be scaled up, Chairman Nicholas Ng’ang’a has said. Speaking at the 94th Kakuzi PLC Annual General Meeting (AGM) held virtually this morning…
- The summit brings together local government leaders from around the continent and the world at large alongside other professionals and dignitaries. Top-rated hotels in the city are reporting all-time high bookings.
- Mount Kenya University (MKU) is set to hold the Second International Conference on Peace, Security and Social Enterprise as part of its contribution to global peace. The conference, which runs from Wednesday to Friday, is partly derived from the Sustainable Development Goal (SDG) number 16, which…
- Boston Consulting Group (BCG) on 11th May 2022 released “A Time to Lead: 2021 Annual Sustainability Report.” BCG’s aim is to unlock the potential of those who advance the world. The firm’s latest report details how BCG is stepping up to respond to sustainability challenges and outlines the firm’s…
- Besides giving Kenyans an opportunity to see the Trophy live in Nairobi, the Coca-Cola promotion is also giving five consumers a chance to win tickets to Qatar to watch selected games of the World Cup live, alongside other instant prizes that participating consumers stand a chance to win.
- Kenya has a growing middle-class income earners, whom he said are increasingly investing in their wellbeing and more so now when the World Health Organisation has asked people to invest in boosting their immunity to fight diseases like COVID-19 and others.
- Milestone Games Limited has been barred from using the “Sportpesa” trademark pending the hearing and determination of a petition before court challenging the alleged fraudulent allocation of the trademark to the firm. High Court Judge Dorah Chepkwony directed that Milestone Games Limited and…
- Motorcycles, commonly known as boda bodas, have become the preferred mode of transport for many Kenyans over the past decade. A study by Car and General found that the boda boda sector provides one million direct jobs for riders earning a combined Ksh1 billion daily.