- On Tuesday 14th, the Interior Cabinet Secretary Kithure Kindiki released new charges for government services as Kenyans seeking to acquire a new ID will now have to pay 300 shillings and not 1,000 shillings which had earlier been gazetted by the State. In the new proposal, the replacement of IDs…
- Turnover decreased by 92.8% to KES 60.4Mn down from KES 836.8Mn the previous trading day. Local investors were the dominant players on the day. They accounted for 72.8% of the total market turnover. Foreign investors were bearish on key blue chips to print net outflows of KES 13.09Mn in the day.…
- The bourse opened the week on a high note with the benchmark indices closing the session in the green. The NASI, N10, NSE 20, and NSE 25 gained 0.5%, 1.0%, 1.8%, and 1.1% respectively. Market activity dropped 92.8% to USD 0.4m on reduced trading on Safaricom. Local investors were the key market…
- In the relentless pursuit of success, it’s crucial to occasionally step back, disappear for a while, and focus on what truly matters – you. The enemy is poverty, and the competition is your past self. Embrace the challenge and embark on a journey of self-improvement during this intentional hiatus.…
- Stepping away from the spotlight can have a transformative effect on individuals, leading to new perspectives, creativity, and growth. In today’s hyperconnected world, the idea of deliberately disappearing for an extended period might seem counterintuitive. However, history has shown us that there…
- In the realm of wealth, the list of our country’s wealthiest individuals unfolds a captivating narrative—a narrative that delves into the very fabric of our economic structure. We are residing in a world where brilliance begets affluence, or does the echelon of wealth echo the intricate dance of…
- In the mesmerizing city of Dubai, where innovation dances with the future, OPPO is poised to unveil its Find N3 series, a poetic ode to the fusion of design, technology, and the artistry of photography. The grand reveal on the 16th of November promises to be a symphony of cutting-edge features and…
- Around the same time a year ago a kg of onions cost at most Ksh60 but today the price is Ksh140. The price has in effect more than doubled. Over the same period, a bag of cement now goes for Ksh730 up from Ksh630. Consider a business that was contracted to supply onions to a […]
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- In the world of technology, one might wonder where marketing and communication fit in this digital jigsaw puzzle, and more so for those in without a technology background. Yet, technology companies’ marketing and communication roles are crucial and uniquely distinct from their counterparts in other…
- Absa Bank Kenya marked the National Tree Planting Day by commissioning a KES 2 million tree planting initiative that will see over 30,000 tree seedlings planted in forests within Kiambu and Makueni counties during the short rains season. These efforts, designed to restore fragile ecosystems across…
- The government plans to recruit 2,000 additional instructors for the country’s 238 Technical Education and Vocational colleges, TVETS, across the country The Education Cabinet Secretary Ezekiel Machogu said that the recruitment will strengthen the technical capacities of the Colleges to develop the…
- A motorist insured in Kenya expects that whenever they are involved in an accident or incident, their insurer will compensate for the loss suffered once they notify them. However, there are instances where some motorists have had their claims rejected or declined by their insurance company, forcing…
- The Chinese Embassy has announced the removal of visa appointments for Kenyans, starting November 20, 2023, a move to ease the process for local travelers to the East Asian economic powerhouse. According to the statement released by the embassy, Kenyans seeking a Chinese visa submit their…
- Home is where the heart is, and protecting your home and everything in it should be a top priority. The domestic Package is designed to be an all-in-one solution for your household insurance needs. It bundles together several key coverages, offering you convenience, cost-effectiveness, and…
- The first Special Economic Zone with a gazetted customs control area in East Africa has been launched at the Nairobi Gate Industrial Park tailored towards supporting manufacturing, industry, economic growth, and employment within and without the East African Region. The launch of the SEZ comes at a…
- AAR Healthcare Kenya extended its Trees for Health (T4H) initiative to Nairobi, reaffirming its commitment to ecological sustainability and community wellness. As part of this initiative, the healthcare provider-led in planting 5,000 trees in Ngong Road Forest, highlighting the company’s commitment…
- The National Social Security Fund (NSSF) joined the rest of the nation in a National Tree Planting Day set aside by the government to increase the forest cover across the country. NSSF was among other government agencies that took part in the tree-planting exercise. In Nairobi, the tree-planting…
- Beekeeping is a rewarding and environmentally beneficial practice that has gained popularity among farmers in Kenya. Whether you are a beginner or an experienced beekeeper, having the right equipment is crucial for successful and efficient beekeeping. Savannah Honey, founded ten years ago to build…
- NCBA Bank is pushing on with its agenda to plan at least 10 million trees by the year 2030. The assurance came as the whole country marked a Tree Planting Day, a holiday of its kind by the government aimed at increasing forest cover across the country. NCBA hopes to achieve this through strategic…
- Majid Al Futtaim, which owns the exclusive rights to operate Carrefour in Kenya, in collaboration with Mastercard, is offering a 20% shopping discount on purchases made at Carrefour stores via locally issued Mastercard cards. The collaboration aims to enhance the shopping experience for debit,…
- AHI Carrier, a Carrier joint venture company with a presence in over 100 countries that offers modern and innovative heating, air conditioning, and refrigeration integrated solutions has unveiled a strategic plan to grow its market share as it looks to tap into Kenya’s robust digital industry.…
- Let us face it. Things are not right economically. The post-pandemic era has brought about significant shifts in the way businesses operate, and for small and medium-sized enterprises (SMEs), adapting to these changes is crucial for survival and growth. It is tough for everyone. Businesses are…
- Technological innovation continues to fundamentally change the global media industry. Consumers today face a proliferation of sources and social media platforms to navigate, with algorithms influencing how people engage with news and creating limited space for meaningful dialogue. Meanwhile, media…
- Africa’s Global Bank, United Bank for Africa (UBA) Plc, and Saudi Export-Import Bank (Saudi EXIM), a premier export credit agency in the Kingdom of Saudi Arabia, have announced a partnership aimed at strengthening business growth and enhancing economic cooperation between their economies. To this…
- African giant fintech, Flutterwave, has been cleared of all wrongdoing and is now free to operate on the Kenyan market. The good news comes ahead of the company’s plans to invest 7.3 billion shillings in Kenya. The High Court has since allowed the Asset Recovery Agency (ARA) to withdraw the second…
- Current primary school head teachers will be in charge of the Junior Secondary Schools. According to Education Cabinet Secretary Ezekiel Machogu, the process to promote teachers who have stagnated in the same grade has started. Among those to be promoted are primary school head teachers to the…
- The Teachers Service Commission, TSC, CEO Nancy Macharia has said that promotion interviews for 36,505 teachers who have stagnated in one job group will start in December 2023. Teachers have been urged to apply for the recently advertised vacancies for promotions, saying interviews will start on…
- President William Ruto has directed that National Youth Service, NYS, trainees be given priority during the recruitment of National Police Service and Kenya Defence Forces (KDF) Speaking in Parliament while delivering his first State of the Nation address, the President said from 2024 recruitment…
- Google is rolling out its Search Generative Experience (“SGE”) in the SSA region as an opt-in experiment in Search Labs. This AI-powered experience is available in English. With breakthroughs in generative AI, Google is reimagining what a search engine can do and is bringing these powerful new…
- Masdar has announced the inauguration of Cirata, Indonesia’s first floating solar plant and the largest of its kind in Southeast Asia. “Together with our partner, PLN Group, Masdar has developed the 145MW (MWac)/192MWp Cirata, which will power 50,000 homes and displace 214,000 tonnes of CO2…
- Fuse.io, a decentralized EVM-compatible public blockchain platform, is honored to announce its nomination as the “Best Blockchain Company” at the prestigious 2023 African Crypto Giant Award. Since its inception in 2019, Fuse.io has been steadfastly committed to democratizing Web3 payments for both…
- Dear Mr. William Ruto, First, allow me to call you using the title “Mr.” because I feel using the name “President” makes you feel Godish, untouchable, unbeatable, unbwogable, omnipresent, omniscient, and anything mighty, terrifying, scary, and instant. Oh, Hail you Mr.! Allow me to ask you these,…
- Korean firms are seeking entry into the Kenyan market to provide smart technologies as Kenya gears to step up its smart city game. Speaking during the unveiling of the Korean Pavilion at the 2023 BIG 5 Construction Roadshow in Kenya, Korea Trade Development Agency (KOTRA) Eom Ikhyun says three…
- Jane Omondi sells freshly cooked fish from a stand on a bustling roadside in Utawala, a low- to medium-income neighborhood about 16 kilometers, or 10 miles, east of central Nairobi. Omondi grosses about 2,500 Kenyan shillings, or about $17, on her sales each day and takes home about 1,000 shillings…
- There is a need for players in Africa’s private and public sectors to start working together to center the continent in the global generative Artificial Intelligence (AI) dialogue. This was a key takeaway from a team of experts who attended a Microsoft Africa Research Institute (MARI) one-day…
- The Teachers Service Commission (TSC) is set to start massive recruitment of junior secondary school (JSS) teachers ahead of the Grade 8 class next year. In October, TSC was allocated an additional budget of 19.81 shillings billion to cater for the hiring of thousands of new teachers, an increase…
- The Kenya Meteorological Department, MET, says the El Nino is still in place due to warmer than average sea surface temperatures over the equatorial Pacific Ocean. The weatherman has warned Kenyans to brace for more rains across the country. According to their latest weather forecast, the Kenya MET…
- Safaricom (NSE: SCOM) has recorded a strong growth in profitability for the six months to 30th September 2023 with the Kenyan business hitting a double-digit growth in Net income to close at 10.9% to KES41.6 billion. Overall, the group net income, excluding minority interest, recorded a positive…
- Several African countries have established visa-free or visa-on-arrival policies for fellow African citizens, making it easier for them to travel within the continent. The move towards visa-free entry among African states not only fosters a sense of unity but also holds significant promise for…
- Kenyans will have to dig deeper into their pockets to afford Identification Cards, ID, as well as birth certificates after the government increased the fee for the replacement of identity cards from 100 shillings to 2,000 shillings. A Gazette Notice, dated November 6, issued by Interior Cabinet…
- The government has increased fees for passports and visa applications. In a gazette notice, Interior CS Kithure Kindiki said the fee for an ordinary 66-page passport has been increased from 7,500 shillings to 12,000 shillings. The ordinary passport (50 pages ) will now cost 9,500 shillings from 6,…
- The United States Agency for International Development (USAID) awarded BasiGo a USD 1.5 Million grant through its Development Innovation Ventures program. The grant directly supports BasiGo’s pilot program in Kigali which aims to demonstrate the cost-efficiency and viability of electric buses with…
- Kuza Asset Management, a Nairobi-based asset management firm, has officially launched, focusing on catering to institutional, high-net-worth individuals (HNWI) and retail investors who are looking for customized investments that are prudently managed. Founded in 2021, Kuza Asset Management is…
- Cambridge, the world’s largest provider of international education programs, is launching its first early years education program which will help support early childhood schooling in Kenya in children as young as 3. The new play-based program, which has been developed following a successful rollout…
- NCBA Bank has introduced the Deposit and Delight opportunity for you as a customer, where your financial journey is not only rewarding but also filled with exciting opportunities. Win Big Every Week Picture this: a chance to win up to 1,000,000 shillings in weekly, bi-monthly, and Grand Draw prizes…
- The local manufacturers showcase dubbed Changamka Festival organized by the Kenya Association of Manufacturers (KAM) at the Kenyatta International Conference Centre (KICC) Nairobi Edition officially came to a close with a clarion call to Kenyans to continue supporting locally manufactured goods to…
- Sophos has shared findings from its sector survey report, “The State of Ransomware in Retail 2023,” which found that only 26% of retail organizations this past year were able to disrupt a ransomware attack before their data was encrypted. This is a three-year low for the sector—a decline from 34%…
- Land prices in Nairobi’s suburbs increased by 0.4 percent in the quarter and by 0.8 percent in the year. Land in the city showed signs of price recovery with only three out of the eighteen suburbs witnessing a price fall in quarter three, compared to fourteen in the previous quarter. Recovery of…
- HassConsult released the Hass Property Sales and Rental price indices for the third quarter of 2023, revealing a drop in average sales prices of 1.1 percent in the quarter, resulting in a 3.7 percent drop in the year to September 2023. Prices of detached and semi-detached houses fell by 1.7 percent…
- Architectural and interior design firm Fine Urban Interiors is giving away free cash prizes to viewers of real estate projects on the firm’s YouTube channel. Lucky viewers stand a chance of winning Sh200,000, simply by watching a video of one of the firm’s latest real estate projects on its YouTube…