Soko Directory

  • - Towards the end of last year, many people set goals that they want to achieve this year. Some want to buy homes while others want to start a family, buy cars, become financially independent, and many more. It is with no doubt that 80 percent of the people who have set goals for this year […] The…
  • - On 6th January 2023, the Ministry of Education in Kenya released 47 weeks of the 2023 new school calendar for all Pre-Primary schools, primary, and secondary schools, and teachers training colleges. In the calendar, all learners will open for term one of 2023 on 23/1/2023. The term will last for 13…
  • - Safaricom has reversed its plan that would have seen its subscribers lose any unused Bonga points obtained before December 2019. The telco had earlier announced that all unredeemed Bonga points would expire after three years meaning that those accumulated before December 31, 2019,  expired on…
  • - A section of examiners taking part in the marking of the Kenya Certificate of Secondary Education (KCSE) has downed their tools complaining of strict measures in marking as well low pay. Kenya National Examination Council (KNEC) has announced. KCSE is being marked in at least 35 centers across the…
  • - Cooking oil prices have started the year on a higher mark with a liter of the commodity selling at around 355 shillings. This is an increase compared to the 206 shillings the commodity retailed at in January 2021, and around  303 shillings in December 2021. The commodity is cheapest at Naivas and…
  • - The number of private schools in Kenya is increasing, and as a result, this has brought stiff competition between both public and private schools in the country. In addition, the quality of education has improved across the country. It is the desire of each parent and or guardian to provide his/her…
  • - Kenya Airways (KQ) has announced that it is experiencing flight disruptions due to delays in getting aircraft, which are undergoing scheduled maintenance, back into operations. According to a statement released by KQ CEO Allan Kilavuka, there has been a global challenge in acquiring some aircraft…
  • - 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 (…
  • - Iristel, a Canadian telecommunication company, has announced its expansion into Kenya as it looks to expand its wide range of communications solutions to new emerging markets. The telco’s entry into the Kenyan market provides it with its first presence in the African market. Iristel chief executive…
  • - TransCentury Group CEO, Ngángá Njiinu was feted among the 25 most influential CEOs who will impact business in 2023. Njiinu was featured in the list at number 15 in this third edition of the executive’s awards series by Business Monthly, and East African business publication by The Knowledge…
  • - Kenya’s leading low-cost airline, Jambojet, has announced an offer for its customers, selling 1,000 tickets at Ksh 1,000. This comes after the airline flew over 1 million passengers in 2022, surpassing its 2021 passenger numbers by 38%. Jambojet operates over 350 flights weekly across 10 routes; 7…
  • - Fish farmers in Kisumu and Homa Bay counties lost an estimated 1 billion shillings in the three months to November 2022 due to fish deaths as a result of pollution. According to a report by a multi-agency team led by the State Department for the Blue Economy and Fisheries Principal Secretary Betsy…
  • - Paula Kahumbu, a renowned conservationist and the Rolex National Geographic Explorer of the Year for 2021 winner, has shed light on some of Kenya’s most remarkable conservation heroes who are working to protect and restore the country’s diverse but threatened, ecosystems. As CNN’s Call to Earth…
  • - Kenyans continue to face tough economic times with prices of basic commodities rising sharply every day. A crate of eggs that was selling at 360 shillings is now up to 450 shillings with the increase attributed to the increased supply amidst low purchasing power across the country. One egg now…
  • - Every year when the holiday season rolls around, we begin to hear about New Year’s Resolutions and often folks are sharing their big, exciting goals and plans they have for achieving these goals. Millions of people distill their hopes and dreams for self-improvement into a shiny set of New Year’s…
  • - Education in public schools in most cases not taken seriously, but thanks to great reforms that have brought sanity to the teaching profession. National schools have been striving to produce the best results in the country. Apart from National schools, Extra County schools are also very good…
  • - The value of mobile transactions in the 11 months to November last year hit 7.2 trillion shillings, representing a 15 percent growth compared to the 6.24 trillion shillings recorded in a similar period in 2021. This highlights the growing preference for cashless transfers as zero rating of fees…
  • - LG Electronics (LG) is introducing an expanded LG gram lineup, which offers more diversity than ever thanks to the arrival of the exciting, new gram Ultraslim and gram Style, at CES 2023. The lineup will feature new gram 17, 16, 15, and 14 laptops (models 17Z90R, 16Z90R, 15Z90R, and 14Z90R); each…
  • - January is here. That month of the year when people are ever broke and sad after heavily spending on the festivities. It’s that month when cabbage becomes a favorite dish for many people. It’s that month that reminds you of the bad decisions you’ve been making. It’s that month that seems longer…
  • - Phyllis Wakiaga who was the Chief Executive Officer (CEO) of the Kenya Association of Manufacturers (KAM) for close to 9 years, has set up Teen Sight, a platform meant to convene, connect and mentor upcoming professionals within and without Kenya. According to Phyllis, hailed for her wide knowledge…
  • - In the latest episode of Africa Avant-Garde, CNN goes behind the scenes at South Africa Fashion Week, hears from top modeling agents, and gains insight into the world of African fashion models. “The demand now for African models is high,” Elizabeth Ishiorho, founder of Nigerian modeling agency Beth…
  • - The Kenyan shilling has continued with its losing record, breaking into the new year. The shilling that lost continuously against the US Dollar the whole of 2022, seems to have started off 2023 with the same energy. On Friday, the local currency ended the week on a lower note when it weakened by 0.…
  • - Africa Tech Summit, the leading tech conference focused on connecting businesses and driving investments within Africa’s tech ecosystem, will host its fifth edition on the 15th to 16th of February 2023 at the Sarit Expo Centre in Nairobi. “After a sold-out out Summit in 2022, we are excited to…
  • - Kenya has many investment opportunities available to both local and foreign investors. There is no doubt that when making investment decisions, we look out for business opportunities with good potential returns on investment or at best with high demand in the market. The Kenyan economy presents a…
  • - Tea prices at the weekly Mombasa auction slightly gained in the first sale of the year despite low demand from key buyers. Data from the East African Tea Trade Association (EATTA) shows a kilo of the beverage traded at an average of USD 2.25(278.10 shillings) an increase from the USD2.22(274.39…
  • - It is every girl’s dream to get admission to one of the best national girls’ schools in Kenya. Besides being almost sure about good results KCSE national schools have unmatched approaches to developing other abilities. In most situations, education in public schools is not taken seriously, but…
  • - Safaricom has announced the resignation of board chairman John Ngumi five months after assuming office. In a statement released on January 5, 2023, the telecommunication giant said Ngumi’s tenure at the company was seized effective December 22, 2022. A new board chairman will be named in the coming…
  • - 2022 was a year full of many activities. Numerous events good and bad characterized the year. If you got the best out of the year, then congratulations and if things didn’t work as you expected, there is still a chance to try again. Despite being a year of financial hardships, it couldn’t be…
  • - LG Electronics will unveil its 2023 TV lineups, headlined by its most advanced range of OLED TVs yet at the most influential tech event globally CES 2023 held in Las Vegas from January 5th to 8th. This comes after a decade of introducing the world to the first-ever large-screen LED TV making LG a…
  • - The Higher Education Loans Board (HELB) and Safaricom have partnered to roll out a smart mobile payment solution for university students and those in other tertiary institutions to access and utilize their loans and bursaries The solution was to aid HELB to promote responsible spending with the…
  • - On 22nd December, the Teachers Service Commission (TSC) announced that it was looking to fill 14,000  slots in various leadership positions including Chief Principals, Principals, Deputy Principals, Senior Teachers, and Head Teachers across the country. TSC noted that it was seeking to promote 13,…
  • - Cristiano Ronaldo has signed a two-year deal with a Saudi Arabia-based club Al Nassr after his contract at Manchester United was terminated after a series of disciplinary issues at the club. Ronaldo said he gave his word to Al Nassr despite having many other offers around the world. “I had many…
  • - The government will invest Hustler fund borrowers’ savings in government securities, President William Ruto has said. Speaking to Journalists on Wednesday, the head of state said government securities are secure adding that the government has come up with an organization that has been licensed by…
  • - President William Ruto has urged Kenyans to excise patience as he continues with efforts to bring the cost of living down. Speaking to journalists on Wednesday at State House, the head of state said high food prices pushed the cost of living higher. He said that the cost of living would be higher…
  • - By Charles Hinga The National Development Plan, Vision 2030 Strategy targets the provision of 200,000 housing units annually for all income levels. With only 50,000 new housing units supplied every year, Kenya faces a shortage of about 2 million housing units. Most of the housing units are by the…
  • - During the year, the Kenyan equities market was on a downward trajectory with all indices declining with NASI, NSE 20, and NSE 25 down by 23.7, 12.4, and 16.6 percent respectively. The equities market performance was driven by losses recorded by large-cap stocks such as Safaricom at 36.7 percent…
  • - In 2022, the general Real Estate sector witnessed considerable growth in terms of property transactions and development activities as seen by the 0.3% growth in rental yields to 6.8%, from 6.5% recorded in 2021. Consequently, the sector’s activity contribution to GDP grew by 5.6% to Kshs 749.7 bn…
  • - The returns by the various asset classes improved in 2022, with the average of the top five money market funds (MMFs), Real Estate yield, and government papers being on upward trajectories. The average of the top 5 MMF recorded a yield of 9.8%, 0.3% points increase from 9.5% recorded in 2021 as the…
  • - The Kenyan economy recorded an average growth of 5.6 percent growth between January to September 2022, a decline from the 7.7 percent average growth recorded in a similar period in 2021. Economic growth in Q3’2022 was mainly driven by expansions in accommodation and food, wholesale and retail trade…
  • - The manufacturing sector slowed down in the third quarter of 2022 on the back of decreased cement production. The latest Kenya National Bureau of Statistics (KNBS) report indicates the sector contracted from 10.2 percent in the third quarter of 2021 to 2.4 percent in the third quarter of 2022. The…
  • - 82% of remittance senders, including Kenyan migrants who are key remittance senders in the US, Australia, and UK markets, agreed that the cost of living for the people to who they send money has risen since the start of the year according to a Survey done by WorldRemit. Highlighting the impact of…
  • - This week’s SportPesa Mega Jackpot of 17 games hits 281.6 million shillings. This is the highest Jackpot amount in the history of SportPesa and currently the highest in the country. The amount has attracted many people who are trying their luck. For one to win the 281.6 million shillings this week…
  • - There is a joke told every January that in December, people often eat chicken, then move to the products of chicken like eggs, and in January, switch to “eating like chicken.” It is a joke that tells the difficulties of the month of January. In Kenya, January is known as Njaanuary… the month of…
  • - Education Cabinet Secretary Ezekiel Machogu has said that the placement of the 2022 Kenya Certificate of Primary Education (KCPE) will start in two weeks’ time. The education ministry has also issued new rules guiding the transition During the release of the KCPE 2022 results, the CS disclosed that…
  • - 2022 is gone. Gone never to be seen again. So many things happened, good and bad, great and mundane but all in all we managed to 2023 strong enough to soldier on. It was a year full of sunsets. Our brothers, sisters, lovers, friends, colleagues, and parents were swept away by the wave of death…
  • - Kenya’s maize imports in the nine months to September 2022  more than doubled owing to the prevailing drought which curtailed the Production of the grain locally. Data from the Kenya National Bureau of Statistics (KNBS) shows the country imported 5.7 million (90-kg) bags of maize compared to the 2.…
  • - Kenya’s agricultural production in the third quarter of 2022 contracted by 0.6 percent compared to a growth of 0.6 percent recorded in the corresponding quarter of 2021, the latest data from the Kenya National Bureau of Statistics (KNBS) shows. The slowdown in the performance of the sector was…
  • - President William Ruto has disclosed that Kenyans have so far borrowed 20 billion shillings from the Hustler Fund a few weeks after its launch. This is an increase from the 9.58 billion shillings that had been borrowed by December 20 underlying the Kenyans’ huge reliance on loans amid the high cost…
  • - TransCentury Group Plc (TC)’s rights issue commenced trading on Thursday morning at the Nairobi Securities Exchange (NSE). The infrastructure investment firm is seeking to raise Kshs 2.063 billion which will be applied towards recapitalizing the business, reducing debt, and unlocking working…
  • - The Teachers Service Commission, TSC, pays teachers when he/she dies and what is paid is called a Death gratuity. This is a pension paid to dependants when a teacher is killed while on duty. The benefit is payable to the spouse and/or dependents of a teacher who dies while on duty. The dependants…