- The European Investment Bank and the Central Bank of Kenya (CBK) have launched a new climate finance best practice initiative to strengthen engagement by Kenyan financial institutions to finance climate-related investment, enable commercial banks to mobilize climate finance essential to achieving a…
- M-PESA Foundation has committed Ksh79 million to support the construction of a training and conferencing facility in Kalama Conservancy, Samburu County. The greenfield training and conference facility is expected to impact over 1,300 people through skill training for employability, conservation…
- Diamond Trust Bank (DTB) has announced the successful opening of seven new branches this quarter strategically located across Kenya as it intensifies its expansion drive in a bid to bring products and services closer to customers. The seven branches, located in Gikomba, Eastleigh’s BBS Mall, Ongata…
- By Kaivan Sattar, CEO and founder, Asaak In June 2023, my company Asaak did something unusual for an African tech startup: we acquired another company on another continent. More specifically, we acquired the operations of FlexClub Mexico, a company that offers car financing for ride-hailing drivers…
- It took a record 14 months to complete operationalize West Valley Sugar Company Limited which is faster compared to the two years it takes operationalize a factory.
- Bus transport is the most used transit mode in Kenya, and there are many great reasons why people often choose to travel by ENA Coach to become one of the biggest bus companies in the country.
- In this partnership, Kenya Airways Elite Plus Platinum and Gold Asante Rewards members will now have lifetime platinum status membership in Serena Loyalty program Prestige Club whereas the Silver Elite Asante members will now enjoy Gold status in Serena Prestige Club.
- The lack of a long-term vision and inadequate resourcing of mental hospital infrastructures continues to take a toll on Kenya’s mentally ill patients.
- This strategic move is in line with indaHash vision to cement its presence in Africa, following its impactful footprint in South Africa since 2017 and successful collaborations with clients like the South African Tourism Board.
- Running from December 4th to 25th, the SportPesa campaign promises daily excitement with six lucky winners expected to walk away with Ksh5,000 daily.
- With the establishment of individual Central Banks for the three East African countries, Kenya began printing and minting its own shilling currency notes under the mandate given to the Central Bank of Kenya in 19676.
- Standard Group Directors: Media house announced through its Nairobi Securities Exchange filing that Dr Githinji Gitahi - who was an Independent, Non-Executive Director - had quit effective 10th November, 2023.
- From regional events across Kenya to inaugural gatherings in Uganda and Tanzania, and the Tusker Oktobafest grand finale in Nairobi, the festival harmonized traditions, celebrated diversity, and highlighted the rich cultural tapestry of the East African culture
- Nxtra by Airtel seeks to build one of the largest networks of data centres in Africa with high-capacity data centres in major cities located strategically across Airtel Africa’s footprint.
- Jepkoech, who started off with one packet of wheat flour a day, says she does a bundle per day, making Ksh4500 per day from chapatis alone. In addition, she sells tea and chips, which tops up her sales to Ksh5,500 per day, translating to about Ksh140,000 per month.
- Perfectionism can be defined as the propensity to think and believe that anything short of perfect is an abject failure while having concerns over mistakes and subjecting oneself to harsh and critical self-evaluations when the output fails to produce sought-after satisfaction and excellence. Am I a…
- Many operators of Airbnb in Nairobi and other cities are using this technology to manage their clients access to accommodation and lodging facilities using smart doors and smart switches.
- The report, which spotlights roads with highest accident rates at the coast, offers chilling trends, including, among others, statistics that show significantly more men die in road accidents.
- Co-op Bank Awards point to the fact that the bank is doing not only doing things right but also doing the right things for its customers and the industry.
- A United States of America (USA) rocket bound for the moon will take off early on December 24, 2023, with two other instantaneous launch opportunities set for Dec. 25 and 26 if the first window becomes unsuccessful. The United Launch Alliance (ULA)’s next-generation Vulcan Centaur rocket will lift…
- As part of the ‘Feels good to be Home' campaign, Safaricom Home Internet has unveiled revamped Family Share plans that combine home fibre with mobile voice, data and SMS in one package
- Peter Gitonga will provide strategic leadership for Dimension Data's East Africa operations, overseeing a spectrum of technology-based managed services.
- Mumias Sugar Company opened its doors on Friday, 1st December, 2023 to receive cane from farmers as operations resumed at the giant sugar miller after years of silence.
- It is not surprising that HR professionals are constantly upskilling either to remain competitive in their current roles or to pursue new opportunities.
- More than 63 per cent of Kenyans rely on the internet and technology for their savings and investment needs. This is according to a new study by Enwealth Financial Services that has highlighted a shift in the financial habits of Kenyans, showcasing the impact of technology on the way individuals…
- Junior Nyongó, who is also a musician and a DJ and now a graduate of UC San Diego with an MFA in Acting, is crafting his own solid path in the world of acting with roles in major theatre productions.
- The Kenyan creative sector, which comprises remarkably diverse forms of arts and cultural productions like films, commercials, online content, and other audio-visual works and artistic expressions, its distribution, regulation, and education is a significant component of the country’s economy,…
- The new microbrewery in Ruaraka is aimed at helping the business to extend KBL innovation capability and to meet consumers’ changing tastes and preferences.
- In a festive season filled with joy and surprises, SportPesa has unveiled its newest millionaire, Esbon Macharia, who won a cool Ksh27,041,645 Midweek Jackpot.
- Sidian Bank has opened its 44th branch in Kakamega. In a statement, the lender said the strategic move is in line with its commitment to extend its services to emerging economic hubs and further strengthen its presence across the country. “The opening of the Kakamega branch marks a significant…
- 250 youths have completed software development training courtesy of investment between The Family Group Foundation and Adanian Labs Africa. This marks the second cohort of software engineers that have undergone this training. The second cohort of graduates have undergone training focused on digital…
- Family Bank Group has posted a Ksh3.02 billion Profit Before Tax for the period ended September 30, 2023. During the period, total assets increased to Ksh140.97 billion a 9.6% increase from Ksh128.5 billion reported in September 2022. The increase in the total assets was primarily driven by growth…
- In early June, Equity placed TransCentury and East Africa Cables under receivership after declining a request to write off over Ksh2.8 billion ($20 million) debt owed by TransCentury Plc and another Ksh1.948 billion owed by its subsidiary.
- SasaPay has introduced a new cash-back model designed to empower business owners to reduce costs and bolster profitability by receiving compensation for collecting payments from customers via SasaPay’s flagship Lipa-Na-Sasapay platform, as opposed to incurring charges. This innovative approach not…
- The 30-year-old, also an avid follower of English Premier League giants Manchester United, came close to the grand prize of Ksh334,783,843 SportPesa Jackpot.
- Among the contenders of the prestigious African of the Year award is Kenya’s President William Ruto, who will be battling it out with President Hakainde Hichilema of Zambia and Prof. Benedict Okey Oramah, President of Afrexim Bank.
- Discover the profound impact of M-Pesa on financial inclusion in Kenya and beyond. Explore how this innovative mobile service revolutionizes transactions and shapes the future of finance globally.
- Vaping, the act of inhaling vapour produced by an electronic cigarette or similar device, has a relatively short history compared to traditional tobacco smoking. The concept of vaping can be traced back to the early 20th century when inventors like Joseph Robinson and Herbert Gilbert patented…
- The new partnership between Ford and Caetano offers the brand an opportunity to gain market share in Kenya by leveraging on Caetano’s extensive network and experience.