- X, formally known as Twitter has several monetization options you can leverage to earn money from your posts. Social media platforms have become more than just connecting with friends and sharing updates. They have evolved into powerful tools for individuals and businesses to earn money and…
- Kenyans bet at least 88.5 billion shillings for the first 6 months of this year. This shows how millions of Kenyans have turned to betting as the only hope to make a living. With these stats, means Kenyans are betting at least 2,800 shillings per second, and about 14 billion shillings per month.…
- Abojani, a digital-first personal finance management company will today host Britam Asset Managers CEO, Barack Obatsa, as the chief guest as it celebrates its 50th online personal finance masterclass milestone. In the webinar, professionals, and entrepreneurs will get to learn how they can earn…
- The Cabinet, under the chairmanship of President William Ruto, has approved the scrapping of the National Hospital Insurance Fund (NHIF), and in its place, replaced by three new funds. According to the Cabinet, NHIF should be replaced by the Primary Healthcare Fund, Social Health Insurance Fund,…
- Sarova Hotels & Resorts Kenya has once again been nominated in this year’s World Luxury Hotel Awards, to battle it out in various categories with the voting process open for both existing and prospective customers. Sarova Stanley Hotel, Sarova Lion Hill Game Lodge, Sarova Mara Game Camp, and…
- Making money on TikTok in Kenya, like in many parts of the world, requires creativity, consistency, and a strategic approach Launched in 2017, TikTok has become the authority on what’s hot in culture, politics, fashion, and beyond. TikTok is a force, growing rapidly year over year, and is expected…
- Another coup has happened in Gabon. President Ali Bongo has been toppled by the military in a bloodless coup that happened on Tuesday night. This is the second coup in Africa in one month following the one in Niger that is still generating heat. Ali Bongo is the son of Former President Omar Bongo…
- Superior Homes Kenya has broken ground for the construction of a Ksh 350 million modern roadside stopover complex at Sultan Hamud town along the Nairobi-Mombasa highway that will provide all-in-one safe and secure resting points for long-distance truck drivers. Dubbed Supastop, the truck drivers…
- Exchange Rate Performance USD|KES: KES weakened by 0.11% to close at 145.15 (-17.65% year-to-date). GBP|KES: KES strengthened by 0.09% to close at 182.79 (-23.12% year-to-date). EUR|KES: KES weakened by 0.16% to close at 156.99 (-19.59% year-to-date). Read Also: Unlocking Financial Wisdom: 7…
- Sophos has uncovered how research contests run by cybercrime forums are helping to inspire new methods of attack and detection evasion. The contests mirror legitimate security conference ‘Call for Papers’ and provide the winners considerable financial rewards and recognition from peers and also…
- The Teachers Unions and the Teachers Service Commission (TSC) have finally signed an agreement to increase teachers’ pay by between 7 percent to 10 percent. The deal has been signed as a result of the 2021–2025 Collective Bargaining Agreement, (CBA) that does not have a monetary aspect and stems…
- The Teachers Service Commission (TSC) changed the grading system for primary and secondary school teachers immediately after signing the 54 billion shillings Collective Bargaining Agreement (CBA) 2017 to 2021 between it and the three teachers’ unions. TSC adopted the Career Progression Guidelines (…
- Dickson Wandera, a father of two based in Nairobi, has secured the second KES 1 million grand prize in Safaricom’s Gomoka na Go monthly promotion. Mr. Wandera, an executive driver, plans to open his own electrical products business with the money he has won. He will also use part of the funds to…
- In the ever-changing technological world, LG Electronics stands at the forefront, illuminating the path toward a new era of smart living. Imagine a home where every aspect seamlessly intertwines with cutting-edge technology, where your living space anticipates your needs and responds intuitively to…
- Kelvin Kituku and Lynn Muiruri will represent Kenya in an international road safety competition to be held in Viena, Austria from October 6- 8. This follows their triumphant win at the inaugural Automobile Association of Kenya (AA Kenya) Best Young Driver (BYD) Contest held in Naivasha over the…
- The Nairobi Securities Exchange (NSE) listed real estate investment trust ILAM Fahari Real Estate Investment Trust (NSE: FAHR), has received regulatory approval from the Capital Markets Authority (CMA) to convert its unrestricted ILAM Fahari Income Real Estate Investment Trust (IFIR) into a…
- Safaricom dominated trading activity at 68.9%, albeit declining marginally by 0.3% to KES 15.45 on increased foreign selling, to close in the red for the second consecutive session. The top movers list predominantly consisted of banking stocks; KCB, Co-op, DTB, I&M, and Absa Bank, which jointly…
- CIC Insurance Group Plc is pleased to release our 2023 half-year results based on the new IFRS 17 reporting standards. The IFRS 17 standard provides consistent principles for all aspects of accounting for insurance contracts. The Group has reported a Profit Before Tax of Kshs 1.2 Billion as of June…
- Absa Bank Kenya PLC has reported net earnings of Kshs.8.3 billion for the half year ended 30 June 2023, a 32% increase over the same period last year, supported by sustained double-digit revenue growth across key revenue streams. The impressive six-month results were underscored by a sustained…
- Leading global technology brand OPPO is excited to announce the introduction of its latest Reno series the OPPO Reno10 series to the Kenyan market. The newest Reno series seeks to deliver a pro power experience to its users ranging from powerful imaging technology, SUPERVOOCTM for fast charging,…
- According to a report by Nestpick titled 2050 Climate Change City Index, Nairobi is among the worst cities to live in worldwide as global warming continues to affect ecosystems. Nairobi earned a total score of 44.8 and ranked ninth on the list according to the data examined by 24/7 Wall St, a…
- In the world of modern business, expertise, and professionalism are the cornerstones of success. Yet, even the most skilled professionals can encounter unexpected challenges that may result in financial and reputational setbacks. Professional Indemnity Cover offers a shield against the…
- World Lung Cancer Day on August 1 served as a stark reminder of the devastating impact that lung cancer has on millions of lives worldwide. It was a day to reinforce the global resolve to combat this formidable disease, but it also exposed a troubling paradox. Just as efforts were being made to…
- Hewlett Packard Enterprise (HPE) operated by Selectium has entered into a partnership with Mitsumi Distribution in a strategic move to expand market share and boost revenues. The corporation between the two industry leaders promises to deliver groundbreaking solutions to enterprises in the region…
- Becoming rich on an average salary might seem like a big challenge, but with careful planning, discipline, and smart financial strategies, it is possible to build wealth over time Becoming rich on an average salary is achievable through disciplined saving, wise investing, continuous learning, and…
- We all know our lives revolve around our Domestic Managers (DMs), Watchmen(watchies), and the general home managers in the villages. These are the people who make our worlds tick in their own small but very big ways and much as once in so many times they play us dirty, we pray for their blessings…
- I have an eight-year-old. A very inquisitive little man especially on matters of money. He even asks about taxes and why someone would wake up to go to work only for them to be ‘cut their money’ in the name of tax. He asks why little children like him can’t have their own money without […]
The post…
- Kenya Reinsurance Corporation Limited (Kenya Re) has today reported a Profit before Tax (PBT) of Kshs 1.3 billion for the half-year period ending June 30, 2023, registering 9% growth compared to a similar period last year. The improved performance was achieved on the back of a 16% rise in…
- Nairobi, Kenya, is a vibrant and diverse city with a burgeoning culinary scene. From traditional Kenyan dishes to international flavors, there’s something to satisfy every palate. Nothing it seems can stop Nairobi’s explosion and as the city grows so do the tastes and demands of its citizens. Like…
- Education Cabinet Secretary, Ezekiel Machogu has announced the appointment of 13 new Vice Chancellors universities in the country. On Friday 25th August, CS Machogu made the announcement. This follows the competitive recruitment of vice chancellors which was kickstarted in February. According to…
- The organizers of the Standard Chartered Nairobi Marathon are seeking to achieve World Athletics Label status in this year’s series that will set the stage for global recognition should any race records be set. The 20th edition of the Standard Chartered Nairobi Marathon is set to take place on 29th…
- Nairobi will host the third edition of the Wine Fair, an annual event that brings together wine enthusiasts, wine importers, and producers, to interact and share culinary experiences and network. The third edition of the Wine Fair will take place on Saturday September 2nd 2023 at the Trademark…
- My sister used to tell me that her Math anxiety was worse than a regular check-up at the dentist. I used to look at her and wonder what was wrong with her. Nothing terrified me, in my entire life, until yesterday than a visit to the dentist. As a full-grown human of a man, I […]
The post The…
- The Teachers’ Service Commission (TSC) has announced another round of promotions for over 36,000 teachers. Last week, the commission promoted 14,000 teachers. According to TSC, the teachers will be promoted across nine grades, as the government seeks to quell the disquiet over the stagnation of…
- In an increasingly interconnected world, digital literacy and proficiency have become critical for personal development as well as overall national development. Digital skills not only open doors to employment opportunities but also encourage entrepreneurship and innovation. Young Africans with the…
- The Kenya Universities and Colleges Central Placement Service (KUCCPS) has released placement results for students who applied to join the Teacher Training Colleges (TTCs). On August 23rd, KUCCSPS released a statement, asking the 2023 Kenya Certificate of Secondary Education (KCSE) candidates to…
- The African healthcare industry faces an immediate challenge: a dire shortage of skilled professionals, leading to alarmingly low doctor and nurse-to-population ratios in many countries. Training medical professionals, especially specialists like pathologists or oncologists, is a multi-year-long…
- I&M Group PLC increased its operating income by 23% to KES 19.1 billion in the first half of 2023, up from KES 15.6 billion in the same period in 2022. The operating income was boosted by growth in both corporate and retail segments (29% and 28% year-on-year growth respectively) as it saw its…
- Exchange Rate Performance USD|KES: KES weakened by 0.11% to close at 144.72 (-17.30% year-to-date). GBP|KES: KES strengthened by 0.66% to close at 183.11 (-23.34% year-to-date). EUR|KES: KES strengthened by 0.41% to close at 156.51 (-19.23% year-to-date). Read Also: The Power of Making Moves In…
- Listed food processing firm Unga Group Limited (NSE: UNGA) has announced strategic plans to capture a larger share of the local packaged consumer staple foods market by re-introducing an expanded range of nutritious products under its popular, Amana® brand. The re-launch of Amana® products, first…
- On Thursday, Equities Turnover declined by 33.5% to KES 75Mn down from KES 112.7Mn the previous trading day. Local investors were the dominant players on the day. They accounted for c. 54.5% of the total market turnover. Foreign investors turned bearish on key blue chips to print net inflows of KES…
- NCBA Group has committed to mobilize 30 billion shillings for green and sustainable financing by 2030. The commitment sets the stage for NCBA in preparation for the Africa Climate Week (ACW) 2023 that will take place on 4-8 September 2023 in Nairobi. The group has identified sustainability as one…
- Sophisticated price optimization algorithms, skillfully designed to analyze demand fluctuations across a wide spectrum of price points, play a pivotal role in the retail landscape. By integrating data on costs and inventory, these models unveil highly profitable price points that optimize overall…
- In today’s rapidly changing world, the youth are navigating a complex landscape when it comes to wealth acquisition. The clash between taking shortcuts that seemingly disregard morals and pursuing a more ethical approach to financial success has become a central concern. This conflict is emblematic…
- Kenya has been facing a significant challenge in recent years with the inflow of illicit funds, circulation of fake currency, and the pervasive practice of money laundering. These issues pose severe threats to the country’s economy and reputation, requiring comprehensive actions to counteract the…
- Financial literacy is a crucial skill that young Kenyans must acquire to achieve financial success and prosperity. In the 21st century, the financial landscape is complex and dynamic, with various investment options and digital payment methods. Financial literacy empowers young Kenyans to navigate…
- As part of its 24th-anniversary celebrations, leading coffee house Java has unveiled its latest innovation, Cold Brew Coffee, a ready-to-drink made from 100% Kenyan Arabica coffee beans selection aimed at revolutionizing the way consumers experience their favorite beverage. This is part of Java…
- Tatu City and the China-Africa Economic and Trade Chamber of Commerce (CAETC), supported by the Changsha County Government, have joined hands to foster a dynamic collaboration aimed at catalyzing investments that will promote mutual economic growth and prosperity for both the Kenyan and Chinese…
- Real estate is a lucrative industry that relies heavily on effective communication. ChatGPT, a powerful AI language model, can be a valuable tool for professionals looking to leverage its capabilities to generate income in the real estate sector One particular industry that has benefitted…
- Sophos, a global leader in innovating and delivering cybersecurity as a service, today released its Active Adversary Report for Tech Leaders 2023, an in-depth look at attacker behaviors and tools during the first half of 2023. After analyzing Sophos Incident Response (IR) cases from January to July…