- Equity Group reclaimed its position as the most traded counter, accounting for 46.7% of turnover, followed by Safaricom at 36.6%. Safaricom was the largest loser among the top movers, sustaining its seven-session bear run, losing 0.6% to KES 16.05 as it continues to trade ex-dividend. StanChart…
- Access to the internet could expose children to risk unless they are empowered with information to protect themselves, the Communications Authority of Kenya (CA) has said. Speaking at the ongoing Kenya Film Festival in Nyeri, CA Director General Ezra Chiloba noted as much as the internet is a…
- Primary school headteachers who were assigned to serve as Principals of Junior Secondary Schools (JSS) will have their contracts terminated by the Teachers Service Commission (TSC) in December 2023 as well as their contracts will not be renewed. The Headteachers were issued with deployment letters…
- LEAP Africa, one of Africa’s leading non-profit organizations focused on youth leadership development, and Dow, a global leader in materials science, are pleased to announce the fourth edition of its Pan-African ‘Youth Day of Service (YDoS)’ campaign, a youth-led social impact campaign with the…
- Google has announced updates of new privacy tools in Google Search to give its users more control of their personal information, privacy, and online safety. The updated Results about you, new SafeSearch, and updated policies on personal explicit images are the tools that are now available for…
- Boosted by the strong performance of its Find N2 series and Find X6 series flagship smartphones, OPPO ranks first in the Chinese smartphone market in H1 2023 and fourth globally during the same period. According to data from Canalys, OPPO held a 10% share of the global smartphone market in H1, with…
- Airtel Africa and Mastercard announced the launch of a new cross-border remittance service in partnership with Mastercard, which will enable Airtel subscribers across 14 African markets to send and receive money safely and securely, with speed and certainty. This innovative service will be rolled…
- LG Electronics (LG) targets to become a smart life solutions company that connects and expands customers’ diverse experiences by 2030. The move will see the company record an estimated global annual revenue of up to 10.96 trillion even as it evolves from its current position as a top global home…
- Sophos a global leader in innovating and delivering cybersecurity as a service, released new findings into the connections between the most prominent ransomware groups this past year, including Royal, in its report, “Clustering Attacker Behavior Reveals Hidden Patterns.” Over three months beginning…
- KLM Airline has upgraded its World Business Class seats in all its Boeing 777 aircraft in a move aimed at meeting evolving customer needs. Both the Boeing 777-300 and the 777-200, will be equipped with the updated World Business Class seats that come with a sliding door for more comfort and privacy…
- The National Syndemic Diseases Control Council (NSDCC) has released the 2023 report indicating that about 1.37 million Kenyans are living with HIV. According to the latest findings of the report, the number of people living with HIV decreased by 59,483 from the 1.4 million reported during the…
- On June 1st, President William Ruto launched the second phase of the Hustler Fund, targeting groups such as chamas and Sacco’s. The Group Micro Enterprise Loan products allow members to apply for between 20,000 shillings to 1 million shillings. Ruto said loans would be based on the average credit…
- Leading financial services firm, Zamara Group has announced its Zamara Consulting Actuaries Schemes Survey (Z-CASS) report for the second quarter of 2023. The survey, covering 423 schemes and assets under management totaling KShs 1.059 trillion, provides valuable insights into the performance of…
- Stanbic Holdings Plc has announced a KES 7.1 profit after tax for the half-year period ended June 2023, attributed to strong revenue and balance sheet growth. Total revenue increased by 38% to KES 21 billion while return on equity rose by 472bps. Stanbic Kenya and South Sudan’s Chief Executive, Dr…
- E-mobility company, BasiGo has today announced the introduction of the “E9 Kubwa”, a 36-seater electric bus custom designed for the Kenyan market. The first 2 Kubwa buses have begun pilot testing with existing BasiGo customers: Super Metro, OMA Services, Embassava, Citti Hoppa, Metro Trans, and…
- Stories and storytelling have long captivated the minds and hearts of children everywhere – the most famed among being bedtime stories. One of the earliest forms of storytelling known to man is what today is known as oral literature. Passed on from generation to generation, these ‘words’ woven in…
- NCBA has announced the launch of its 90th branch in the vibrant Eastleigh neighborhood, marking a strategic expansion milestone that seeks to tap into the thriving business community in the region. This significant development underscores NCBA’s unwavering commitment to fortifying its retail…
- Creating a growth plan for your business involves setting clear goals, identifying strategies, and outlining actionable steps. Start by assessing your current situation, understanding your target market, and defining your unique value proposition To grow your business, you need a plan that…
- Are you in the market for a new smartphone, one that can meet your needs and expectations? Do you want a device that combines excellent performance, long-lasting battery life, a high-quality camera, and an attractive design? If your answer is yes, then you should consider the Nokia G60. Nokia G60…
- Britam Insurance, Airtel Money, and Inclusivity Solutions have partnered to introduce a range of mobile-enabled insurance solutions targeting lower-income families and Micro, Small, and Medium Enterprises (MSMEs). The partnership aims to provide protection to these underserved segments of the…
- Blue-collar workers in Kenya will now access earned wages before their payday following a new partnership between technology firm SeamlessHR and the Bill & Melinda Gates Foundation. Through the partnership, SeamlessHR has introduced a new platform dubbed Barizi that allows employees to access…
- The Salaries and Remuneration Commission (SRC) chairperson has announced that Civil servants including teachers are set to receive a pay rise of between 7 percent to 10 percent, with the adjustments retroactively applied from July 1, 2023. The announcement was made by SRC chairperson Lyn Mengich.…
- According to the Mzalendo Trust report, which was released on August 9th, at least fifteen Members of Parliament have not made any contribution on the floor of the House since they were sworn in almost one year ago. The scorecard report shows that Oscar Sudi (Kapseret), George Aladwa (Makadara),…
- The United Nations Department of Economic and Social Affairs (UNDESA) estimates that the global population will reach 9.7 billion people by 2050. This presents a challenge to feed an extra 1.2 billion people for the next 27 years. According to the Food and Agriculture Organisation (FAO), feeding a…
- Exchange Rate Performance USD|KES: KES weakened by 0.09% to close at 143.12 (-16.00% year-to-date). GBP|KES: KES weakened by 0.20% to close at 182.57 (-22.97% year-to-date). EUR|KES: KES weakened by 0.13% to close at 157.30 (-19.83% year-to-date). Read Also: Kenyan Shilling Hits Ksh 150 Against The…
- LG Electronics (LG) has recorded a 24 percent reduction in its direct and indirect greenhouse gas emissions from 114.7 million tons of GHG to 92.7 million tons in line with its pledge to achieve net zero (direct and indirect) by 2030. According to its recently released 2022-2023 Sustainability…
- The Women Agripreneurs of the Year Awards (WAYA) is thrilled to announce its 15 finalists for the 2023 edition. Chosen from a pool of 1,340 applications spanning 42 African countries, these candidates represent an outstanding cohort of women who are driving innovation and growth in African agri-…
- Africa’s leading payroll and HR technology company, SeamlessHR, is a pro-strategic partnership with the Kenya Association of Manufacturers (KAM) for a landmark event focused on transforming the landscape of blue-collar worker welfare and productivity. The event, themed “Win-Win: Optimising Blue-…
- Equities turnover rose by 276.8 percent to 122.34 million shillings on Monday up from 32.7 million shillings the previous trading day. Local investors remained the dominant players on the day. They accounted for c. 60.8 percent of the total market turnover. Foreign investors turned bullish on key…
- The Kenya Institute of Curriculum Development (KICD) is set to reduce the number of learning areas for learners in the Competency-Based Curriculum (CBC) starting January 2024. On Tuesday, August 1, 2023, President William Ruto approved the recommendations of the Presidential Working Party on…
- More than 20 automotive and ancillary brands have confirmed to take part in the much-awaited NCBA – KMI Motor Show scheduled for September 17, 2023, at the Sarit Centre Expo Hall, Nairobi – Kenya with organizers promising goodies for car enthusiasts. The Motor Show will be a partnership between…
- The Kenyan shilling has fallen to the lowest in history, going at 150 shillings to the US Dollar. Although the official records from the Central Bank of Kenya (CBK) have placed it at 143 shillings to the Dollar, some Kenyan banks are selling the dollar at 150 shillings. With the current rate, the…
- The Kenya University and Colleges Central Placement (KUCCPS) 2022 Inter-University transfer online application portal is now open. KUCCPS has given students, who are joining tertiary institutions in September 2023 a final opportunity to select their preferred institutions and programs. According to…
- Every generation has a defining moment. The Silent Generation had WWII. Baby Boomers had the moon landing. Millennials had the global financial crisis. But Generation Z’s [Gen Z] defining moment has been heating up – climate change. Known as the “disruptive generation”, those born between 1997 and…
- Technology has continued to shape how we work, communicate, and even interact with the world around us. It has certainly made our lives easier by providing us with a variety of reliable and much-needed gadgets that we can use to benefit our family and loved ones. One of the best inventions is the…
- The Kenyan government has released new guidelines on important services including promising to reduce the number of days for processing passports. According to the new schedule, the government through the Interior Ministry has promised to process all passports within five working days after…
- The Pharmacy and Poisons Board (PPB) has warned Kenyan women and the public against using vaginal detox pearls, due to its health risks. The sale of pearls, popularly known as ‘Yoni’ has grown popular among social media users in Kenya. In a statement released on Monday, August 7, the board said…
- Over 200 young techies from different learning institutions across the Nyanza region have benefitted from the Communications Authority of Kenya (CA) Cybersecurity Bootcamp and Hackathon Series 2023 program held in Kisumu. The joint initiative with Huawei and the Kenya Cybersecurity and Forensics…
- During the week, T-bills were undersubscribed for the second consecutive week with the overall subscription coming in at 47.1%, up from 38.1% recorded the previous week. The undersubscription was largely attributable to the tightened liquidity in the money market. The Central Bank received KES 10.3…
- At the NSE during the week, Longhorn was the leading gainer of the week, soaring 16.1 percent w/w to KES 2.45 while Britam was the leading laggard, plummeting 12.8 percent to KES 4.35. At the same time, all the top movers closed in the green. NCBA was the best performer in the top movers’ list…
- Those wishing to buy shares this week have been urged to try NCBA Bank Kenya. Analysts from Genghis Capital say the bank’s shares are a BUY this week. “This week we issue a BUY recommendation on NCBA Group. We view the Group’s sustained earnings momentum spilling over into 2H2023. We note the fast-…
- Imagine taking your aged father, mother, grandparents, or any relative to a home care owned by a church and later finding out that they are beaten, molested, raped, and treated worse than village dogs? Imagine the disbelief and that pain, and the guilt you will feel… Imagine the food to your aged…
- Can you imagine paying up to 20 percent more for the electricity you did not use? Can you imagine your power being disconnected for non-paid bills only to turn out you paid but you are being disconnected for not paying for what you did not use? Ironic. Right? Well, as MacKenzie said, “Kitawaramba…
- The 10th leg of the NCBA Golf Series went down at Muthaiga Golf Club over the weekend. It was an action-packed golf weekend that brought together more than 250 young and veteran golfers. When the sun went down, Evans Vitisia emerged victorious beating a field of over 250 to claim the 10th leg of…
- Date night is important, not just for getting to know a love interest, but to share experiences and spice things up throughout a relationship. But coming up with romantic things to do as a couple or fun ways to spend date night is harder than it seems. Even the strongest romantic relationships need…
- The Kenya Meteorological Department, like the lonely voice in the wilderness, is warning Kenyans of an impending El Nino that will run from the month of October through December. “The Kenya Meteorological Department issues this update on the expected occurrence of the El Niño phenomenon and its…
- The Kenya Universities and Colleges Central Placement Service (KUCCPS) has been given one week to respond to inquiries over technical issues on its portal, which has made it hard for some students to access results. The 7-day ultimatum was issued by the Commission on Administrative Justice also…
- In the thrilling saga of fiscal finagling, the Finance Act 2023 in Kenya has burst onto the scene like an unexpected plot twist in a blockbuster movie. As citizens don their metaphorical detective hats and start scrutinizing their dwindling wallets, it’s clear that this Act has taken a page from…
- The Teacher Service Commission, TSC, is mandated to recruit, transfer and manage teachers. This means that the commission can cancel a teacher’s transfer if certain conditions are not met in the transfer Under schools administration, the TSC established three Secondary School Principals’ grades in…
- Jambojet has announced the addition of 1 new aircraft to its growing fleet, bringing its total number of aircraft to 8. The aircraft, christened Kozi, will address the surging demand in air travel, a testament to the recovery in the sector. The aircraft, tail number 5Y-JXL, underwent maintenance,…
