Soko Directory

  • - Women aged between 20-24 years are the most fertile in Kenya, the latest survey by the Kenya National Bureau of Statistics (KNBS) shows. KNBS noted that birth rates peaked at 179 in every 1000 women between the ages of 20 and 24 years. They were closely followed by those between 25-29 years old at…
  • - That’s five and a half decades of unlocking the power of food for families in the east and horn of Africa! At this time of the year, that 55-year mark is a significant touchpoint as we reflect on the year that was and looks forward to the year ahead. Having been part of getting families […] The…
  • - The government is yet to issue clarity on the importation of duty-free maize with less than a month to the opening of the importation window. Millers say they are yet to hear from the government despite having applied for permits to import the grain. More than 5 large-scale millers have so far…
  • - Kenyans will pay more for alcohol, cigarettes, and cosmetic products in the coming months,  should the new proposal by the National Treasury and Economic Planning to increase excise stamp fees on these products sail through. Under the proposed Excise Duty (Excisable Goods Management System) (…
  • - A recent survey showed a worrying trend where millions of Kenyans are pulling out of their insurance and investment portfolios. The survey showed that companies paid at least 10 billion shillings to those running away from investments. Data from the Insurance Regulatory Authority (IRA) showed that…
  • - Absa Bank Kenya PLC has been named the top employer of choice in Kenya and Africa for a second consecutive year by the Top Employers Institute for excellence in people practices and its impact in enriching the work environment. Being certified as a Top Employer showcases an organization’s…
  • - LG Electronics (LG) has announced and awarded the final winners of its LIFE’S GOOD AWARD, supporting global innovators taking on challenges to help create a Better Life for All. Topping the list of the four finalists was Dot Inc from South Korea which walked away with Ksh.86,765,000 (USD 700,000)…
  • - The Ministry of Education through the Equity Group Foundation announced secondary school scholarships to needy and vulnerable learners who attained 280 marks and above in the KCPE 2022 examination. According to an advert placed in local dailies on Tuesday, January 17, the Ministry affirmed that the…
  • - Bill & Melinda Gates Foundation CEO Mark Suzman announced the foundation will spend US$8.3 billion this year to continue its work fighting poverty, disease, and inequity. He also shared examples of how the foundation uses its resources, voice, and convening power to call attention to and help…
  • - LG Electronics and Korea Food for the Hungry International (KFHI) have announced the opening of the 2023 LG Ambassador Challenge which seeks to promote and support the growth and self-reliance of local communities through their social groups. In its third edition, this year’s challenge aims for…
  • - In Kenya, most children are brought up with the aim of going to universities or colleges. This is because education in Kenya is perceived as a key to a successful future.  Private universities are taking over and making headlines by producing the best graduates in specific industries. The…
  • - The port of Mombasa expects to receive 3 consignments of fertilizer in the next 14 days as of Monday 17 January 2023. While HPC Sunrise is set to arrive on Jan 22, 2023, Nord Dubai and Bulk Traders will be arriving on Jan 25, 2023. The bulk arrival of the farm input follows president Ruto’s […] The…
  • - It is possible textbooks of the future will relay our current era’s stories of a global decline in bees as an extraordinary example of the world’s post-internet fake news. Yet, as our parliament is asked by campaigners, once again, to ban the world’s most-used insecticides to save bees, it is…
  • - There are many smartphones on the market. Sometimes it is even difficult to choose between which one is smart and which is not. Not until you come in contact with Nokia G11, the latest release from HMD Global. Boasting the slim G-series design and its signature build quality, the Nokia G11 Plus is…
  • - Exchange Rate Performance On Monday, the Kenyan shilling continued with its losing trend, losing against all three major global currencies; the US Dollar, British Pound, and the Euro. The local currency weakened against the US Dollar by 0.05 percent to close at 123.89 shillings. The local currency…
  • - The value of unredeemed Bonga points hit 4.5 billion shillings in the financial year ending March 2022 up from 4.2 billion shillings in the previous financial year. The telecommunication giant has made it possible for people to pay for products and services using Bonga Points through an automatic…
  • - You cannot mention gaming in Kenya without mentioning SportPesa, a golden goose that has been laying golden eggs daily and weekly. But what are the 5 reasons that make them tick? Why should you try them out today? What makes them tick? The Millions Now, you will agree that SportPesa has been the…
  • - Education Cabinet Secretary Ezekiel Machogu has launched form one selection exercise at the Kenya Institute of Curriculum Development, KICD, Nairobi on Monday, January 16. CS Machogu has released a list of National schools that are most preferred by 2022 KCPE candidates. Speaking during the release…
  • - Maize prices have slightly decreased on the back of increased supply by farmers and traders, coming as a relief to consumers who have been grappling with the high cost of the commodity. A 90-kilogram bag of the grain is now selling at 4,800 shillings at the farm gate down from 5,000 shillings last…
  • - On Monday, January 16, Education Cabinet Secretary Ezekiel Machogu unveiled the results of the form one placement. Machogu reiterated that the process was fair with most candidates getting their school of choice. He added that all 1.2 million candidates that sat the 2022 Kenya Certificate of…
  • - On Monday, January 16, Education Cabinet Secretary Ezekiel Machogu unveiled the results of the form one placement. Machogu reiterated that the process was fair with most candidates getting their school of choice. He added that all 1.2 million candidates that sat the 2022 Kenya Certificate of…
  • - Somalia has increased the volumes of miraa imports from Kenya as a boost to local farmers and traders who are eyeing good returns from the vast market. Kenya’s exports of the stimulant had increased to 50 tonnes daily from the 19 tonnes the country was allowed to export in July last year when the…
  • - Banks are still applying transaction charges on the bank to M-Pesa money transfers despite the temporary High court’s order suspending the charges. A spot check on Friday showed that Safaricom and banks such as KCB and Equity were still charging customers amounts exceeding 100 shillings. The…
  • - During the week, the Kenyan shilling depreciated by 0.2 percent against the US dollar to close the week at 123.8 shillings, from 123.5 shillings recorded the previous week. The performance of the shilling was partly attributable to increased dollar demand from importers, especially oil and energy…
  • - Primary school is a very essential part of a child’s education journey. Most parents would love to take their kids to a school that not only teaches their children how to read and write but also brings them up morally correct and instills in them good values at an early age. Typically, private…
  • - 3-month bank placements ended the week at 7.7 percent, while the yield on the 364-day T-bill and 91-day T-bill increased by 6.3 bps and 3.3 bps to 10.4 percent and 9.4 percent, respectively. The average yield of the Top 5 Money Market Funds and Cytonn Money Market Fund remained relatively unchanged…
  • - During the week, T-bills remained oversubscribed, albeit at a lower rate, with the overall subscription rate coming in at 108.9 percent, down from 131.7 percent recorded the previous week. Investors’ preference for the shorter 91-day paper persisted as they sought to avoid duration risk, with the…
  • - Kwara, a Kenyan fintech company with a global footprint has agreed to wholly acquire IRNET Coop Kenya Ltd, a software company that is a subsidiary of the Kenya Union of Savings and Credit Cooperatives (KUSCCO LTD). With this acquisition, Kwara has also entered into an exclusive digital solutions…
  • - Sports tourism is becoming more and more popular in Kenya. Since the return of the WRC Safari Rally in 2021. Motorsports is experiencing a new generation of fans and spectators and Kenya Motor Sports Federation offers a vibrant and entertaining calendar all year round. Under the 4×4 competitions Mt…
  • - Motivation is what drives employees to be fully engaged in their work and inspired to achieve results. When employees are motivated, they’re more likely to come to work happy, be ready to tackle new challenges and give their best effort. That level of engagement and energy will lead to higher…
  • - The National Social Security Fund (NSSF) has contributed 1.5 million shillings towards the sponsorship of the 19th edition of the Sports Personality of the Year Awards (SOYA) set for January 20, 2023, in Nairobi. Together with other sponsors such as the Communication Authority of Kenya, Lotto…
  • - Parenthood is a dream that many, if not all, women dream of. However, some of these dreams are cut short just a few hours to winning the title – of a mother. A 2019 report by the World Health Organization (WHO) estimates that each year about 295 000 women die during pregnancy, or childbirth…
  • - The Kenya Union of Post Primary Education Teachers (KUPPET) now wants the government to increase payment rates for Kenya Certificate of Secondary Education (KCSE) examiners to 100 shillings per paper marked. Currently, the markers are paid differently based on the subjects they are marking. For…
  • - There are several factors to consider in the ranking of the best public universities in Kenya. The ranking is based on the school’s number of alumni who have secured employment, published research projects, the quality of its learning facilities and other assets, the students’ population, and its…
  • - The High Court has issued a temporary order stopping the reintroduction of transaction charges on the bank to M-Pesa money transfers. The order, issued on Thursday followed a petition by a Nairobi resident Moses Wafula who argued that the reintroduction of transaction charges between mobile money…
  • - Kenya Tea Development Agency (KTDA) has disbursed 2.7 billion shillings in mini-bonuses to farmers as the agency steps to keep its promise of prompt payment to farmers. KTDA chairman David Ichoho on Thursday said the agency has also released 2.8 billion shillings in farmers’ payments for the…
  • - An American Express card, also known as an “AMEX” card, is an electronic payment card branded by the publicly traded American financial services company American Express. The company issues and processes prepaid, charge, and credit cards. American Express cards are available to individuals, small…
  • - Sophos today announced that its Sophos Intercept X Advanced with XDR solution has been named the top-ranked and sole leader in the Omdia Universe report for comprehensive extended detection and response (XDR) solutions. The global research company ranked Sophos’ product the highest in nearly all…
  • - Entrepreneurship is a major element of the Kenyan spirit. Indeed, a drive across the republic reveals a capitalist economy filled with hawkers, jua kali artisans, fish mongers, thriving open-air markets, matatu operators, plot-for-sale signs, factories, commercial tracts of lands, and many pointers…
  • - Tea farmers and exporters may soon enjoy further market diversification opportunities as part of the ongoing trade facilitation efforts announced by Trade Principal Secretary Alfred Ombudo and Cooperatives Principal Secretary Patrick Kilemi. The two met on Wednesday with tea trade sector players…
  • - Saving is the only way to build wealth over time. However, sometimes people fail to understand how money functions and that’s why they save for the sake of saving. Kenneth Muchina the Chief Executive Officer (CEO) of Funguo Investment Limited says savings that bring no additional return are not…
  • - LG Electronics has rolled out its 2023 blueprint aimed at creating innovation for a better life and ensuring a sustainable future for all. Running under the slogan Life’s Good, the blueprint was made public by LG electronics Global CEO William Cho during the LG World Premier press conference held…
  • - The Teachers Service Commission (TSC) has approved the application for the mass transfer of 14,613 teachers ahead of the resumption of learning on January 23, 2023. TSC boss Nancy Macharia gave the green light to comply with the deadline issued by the National Assembly’s committee on education to…
  • - The Kenya Revenue Authority (KRA) missed the revenue collection target for July-November last year by 32.2 billion shillings, a presentation by Treasury PS Chris Kirwa shows. During the period, the taxman collected 786.5 billion shillings in taxes against the target of 818.7 billion shillings that…
  • - Some Private High Schools in the country have been striving to produce the best results in the country. There are a variety of factors that contribute to a school’s ability to provide a suitable learning environment. A school’s reputation is built on its outstanding performance. Strathmore School…
  • - If 2020 was a year of unprecedented changes and 2021 a year of recovery and resilience, then 2022 proved to be everyone’s favorite child. This was especially true for the Middle East, Turkey, and Africa region as we broke new grounds to foster dialogues on climate change, advanced our space…
  • - Sugar prices may surge further in the coming months due to an acute global shortage, which has seen global prices of the commodity jump further amid high demand. Sugar Directorate head Willis Audi says the cost of sugar in the global market remains high and this may hinder imports. “We are not sure…
  • - The Capital Market Authority (CMA) has announced plans to support Nairobi in the issuance of a green bond as the county seeks fundraising opportunities through the capital market. ‘’The Authority will support the Nairobi county government to raise funds through the capital markets. However, it will…
  • - Safaricom Foundation has launched its first Ndoto Zetu phase 4 project in Siaya county as it seeks to boost access to maternal care in the county. Through the Ndoto Zetu initiative, the Safaricom Foundation has funded the installation of solar panels and donated an ultrasound machine to Bar Sauri…
  • - Kenya currently has at least 28 domestic banks, and 14 foreign commercial banks with branches, agencies, and various outlets. In total, there are at least 42 banks in Kenya. The numbers are likely to reduce or increase based on acquisitions. With so many banks in Kenya, at one point, the country…