Soko Directory

  • - Kenya Certificate of Primary Education (KCPE) 2022 has been released. Candidates, their parents, and guardians can access the results through the Kenya National Examination Council (KNEC) website, SMS platforms, county education offices, and the respective schools. For the SMS option, the…
  • - Farmers want the government to invest more in wheat production to ensure enhanced production and cut imports of the commodity. The farmers attributed the current shortage of the commodity in the country to minimal government support and lack of sufficient certified seed, which limited production as…
  • - The 2022 Kenya Certificate of Primary Education (KCPE) exam results will be released anytime from today following the return of President William Ruto. Following a one-week visit to Europe, Dr. Ruto flew back into the country on Monday night. However, according to the procedure, the Kenyan…
  • - Exchange Rate Performance The Kenyan shilling has continued with its weakening trend against the US dollar, falling to the lowest in history on Tuesday. The local currency weakened 0.04 percent to close at 123.09 (-8.80 percent year-to-date). The shilling, however, found a footing against the Pound…
  • - Opera Mini became the number one downloaded app in Kenya the past weekend thanks to the tremendous success of Opera’s “Shake and Win” campaign. Dedicated to football’s greatest celebration, the World Cup, “Shake and Win” offered Opera fans the chance to win over $300,000 in prizes. Users needed…
  • - Motorists have been cautioned to keenly observe traffic rules as police begin crackdown on rogue motorists. Interior and National Administration Cabinet Secretary Kithure Kindiki said this move is aimed at averting road accidents this festive season. The immediate crackdown will be targeting…
  • - Nairobi is the domicile for many Hustlers fund subscribers, with some 1.4 million borrowers having opted into the fund. The amount of money they have borrowed so far stands at 1.14 billion shillings underlining high dependency on loans in the Country’s capital amid the high cost of living. Data…
  • - Kenyans are yet to repay nearly three-quarters of Hustlers fund defying the fund’s repayment terms. Cooperatives and Micro, Small and Medium Enterprises Cabinet Secretary Simon Chelugui said Kenyans have only repaid 2.64 billion shillings out of the 9.58 billion shillings the government had…
  • - Mentally strong people have healthy habits. They manage their emotions, thoughts, and behaviors in ways that set them up for success in life. It is the daily practice of pushing yourself to grow stronger, maintaining realistic optimism, and setting healthy boundaries. Mentally strong people don’t…
  • - The World Cup is done and dusted. Argentina emerged as the giants of the world after thrashing France in the finals. The 2022 World Cup brought 32 teams from across the world to Qatar to battle it out in their bid to lift the grandest prize in football. Besides lifting the trophy and hitting…
  • - ndovu, Africa’s leading wealth management platform that provides easy access to financial markets, is now enabling its clients to have more cash over the festive season via the “Bonga na ndovu” offering. Kenyan mobile network operator Safaricom runs a loyalty scheme for all PrePay and PostPay…
  • - The renowned Precious Blood Secondary School, the weatherman’s headquarters, and a popular nyama choma belt come top of mind when one thinks of Riruta and the wider Dagoretti node of Nairobi County. Historically, Riruta and the wider Dagoretti area have been highly preferred by Nairobi tenants…
  • - The Teachers Service Commission, TSC, has allocated one teacher per class to teach junior secondary school. According to TSC, Primary schools will receive teachers, according to the number of classes they have for Grade 7. The junior secondary is set to start in January 2023, with the first class…
  • - Gaming enthusiasts have an opportunity to play more with SportPesa with free deposits and withdrawals for those using Airtel Money. This is after the giant gaming company partnered with Airtel Kenya to make this possible for millions of Kenyans. SportPesa’s Head of Customer Service Walter Ngotho…
  • - KCB Group Plc has announced the completion of the acquisition of Trust Merchant Bank SA (TMB) after receiving all the regulatory approvals. The Group now owns an 85 percent stake in the Democratic Republic of Congo (DRC) based lender. KCB Group obtained the regulatory green light in Kenya, the…
  • - Total revenue collected as of the end of November 2022 by the Kenya Revenue Authority amounted to 789.3 billion shillings. The amount collected was equivalent to 36.9 percent of the original estimates of 2,141.6 billion shillings for FY’2022/2023 and 88.5 percent of the prorated estimates of 892.3…
  • - Through the Kenya National Union of Teachers (KNUT), teachers issued demands to President William Ruto’s government lest they organize an industrial strike. According to Collins Oyuu, the secretary general of the KNUT, PS made the announcement on Tuesday, December 13 during the annual union…
  • - Despite the elevated fuel prices in Kenya, global fuel prices have declined by 50.1 percent to USD 78.4 per barrel as of 14th December 2022 from the peak of USD 117.7 per barrel recorded at the beginning of June 2022. Countries around the world have been taking measures to insulate themselves from…
  • - The Kenyan shilling depreciated by 0.2 percent against the US dollar to close the week at 123.0 shillings, from 122.8 shillings recorded the previous week. The consistent depreciation of the local currency was partly attributable to increased dollar demand from importers, especially oil and energy…
  • - Superior Homes have launched a 100-acre luxury project within Swara Plains Conservancy in Machakos County that will comprise high-end residential houses and serviced plots. Dubbed ‘Lukenya Wildlife Estate’, the project will comprise half, one acre, and a half acre parcels. Investors of the project…
  • - T-bills were oversubscribed, with the overall subscription rate coming in at 121.8 percent, up from the 97.1 percent recorded the previous week. The oversubscription of the T-Bills was partly attributable to the eased liquidity in the money market with the average interbank rate declining to 5.1…
  • - The Kenya Railways Corporation has put in place adequate measures to ensure a smooth movement of both passengers and cargo over the festive season. Passengers ferrying to the Coastal region will use the three sets of Madaraka Express which will be fully operational during the festive season. The…
  • - The government will allow millers and traders to import 1.5 million metric tonnes of duty-free maize from February to August 2023. State Department for Crop Development Principal Secretary Kello Harsama said the government will import a total of 900,000 metric tons of maize and 600,000 metric…
  • - Kenya Power’s financial statements for the fiscal year to June 2022 show Kenyans owe the firm 27.3 billion shillings worth of electricity that they consumed during the period. County governments, ministries, departments and agencies, parastatals, industrial customers, and household users especially…
  • - By Shaka Kariuki Apple, Netflix, General Motors, and Delta Airlines are some of the largest business organizations in the world. However, that is not the only thing they have in common, they once were on the brink of bankruptcy and closure. While financial constraint is usually the main threat to a…
  • - Junior Secondary Schools is set to offer a total of 23 subjects that grade seven students will take once schools reopen in January 2023. According to data obtained from the Kenya Institute of Curriculum Development (KICD), on Thursday, December 15th, grade seven will take a total of 23 subjects. It…
  • - The Teachers Service Commission (TSC) has extended the application deadline for the recruitment of teachers advertised last week. TSC had initially scheduled the online application deadline for December 16, 2022. According to the newly revised recruitment roadmap, qualified applicants have until…
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  • - The Kenya Institute of Curriculum Development (KICD), in collaboration with the Competition Authority of Kenya, CAK, has announced the introduction of the consumer rights syllabus for 2023 Grade Seven students. More than 1.2 million learners who will join Grade 7 in January will get an opportunity…
  • - Police officers in Nairobi have called for a watch out in some areas in the city believed to be targeted by the Al-Shabaab Militants for possible attack this festive season. Among the areas listed are the Presbyterian Guest House and Conference Centre in South C, Our Lady Queen of Peace Catholic…
  • - Local ad technology firm Eskimi Kenya has set its sights on the country’s fast-growing gaming space which is valued at Kshs 3.2 billion, to deliver an innovative presence for brands as company managers angle for growth into next year. Speaking during a Masterclass for Chief Marketing Officers in…
  • - Absa Bank Kenya has today partnered with financing platform Melanin Kapital and the African Guarantee Fund (AGF) to improve access to finance for women-owned and led SMEs through the joint program, ‘TUUNGANE 2X Na Absa.’ Initially, over 600 SMEs will be invited to go through the digital credit…
  • - Visitors to Zanzibar can now fly from Mombasa directly following the introduction of the new Mombasa-Zanzibar flight route which is expected to boost tourism in the region at a time when the tourism sector is recovering from the devastating effects of the covid 19 pandemic. The Mombasa-Zanzibar…
  • - Two goals by Julian Alvarez and Lionel Messi’s penalty gave Argentina a 3-0 victory over Croatia in the first World Cup semi-final on Tuesday at the Lusail Iconic Stadium. The win set up a meeting with either France or Morocco in Sunday’s title match. Messi fired a penalty after Man City striker…
  • - Morocco the underdogs the first of many more to come from the motherland of Africa will be looking to become the first African nation to reach the World Cup final after making history by becoming the first African side to get to the World Cup semi-finalist. Morocco’s Manager Walid Regragui and the…
  • - In a recent advertisement,  The Teachers Service Commission (TSC) declared that it will give priority to P1 teachers who undertook, Competency-Based Teacher Education (CBTE). According to an advert TSC released this week for recruitment of teachers, the Commission says the teachers will have an…
  • - Sophos announced that Gerard Allison has joined Sophos as Senior Vice President of Sales for Europe, the Middle East, and Africa (EMEA). “We are very excited Gerard joined Sophos to lead and help accelerate our growth efforts in EMEA, one of the largest regions for the company. Gerard has a deep…
  • - CorpsAfrica/Kenya has launched a socio-economic initiative in a bid to foster a volunteerism culture in order to accelerate development and improve the quality of lives among rural communities. The organization flagged off the first Volunteer cohort to an initial five counties including Makueni,…
  • - Kenya is emerging as a digital economy leader on the African continent that is realizing the potential of the digital economy to accelerate and “future-proof” economic growth, as well as expand opportunities and access to new jobs and services for all Kenyans. Kenya has the most advanced digital…
  • - Coffee prices slightly gained in the latest sale as the volume of quality beans increase in the market.  Data from the Nairobi Coffee Exchange (NCE) indicate a 50-kg bag of the beverage fetched $188 (23,095 shillings) up from $180 (22,113 shillings) in the previous sale. “The prices went up during…
  • - Standard Chartered’s Wealth Expectancy Report 2022 examines the shifts in investor decisions for more than 15,000 emerging affluent, affluent, and high net worth (HNW) investors in 14 markets – including Kenya– along with the resulting movements in major asset classes. Survey results show 78…
  • - Cytonn Investments has released its Q3’2022 Banking Sector Report, which ranks KCB Group Plc as the most attractive bank in Kenya, supported by a strong franchise value and intrinsic value score. The franchise score measures the broad and comprehensive business strength of a bank across 13…
  • - In the first episode of African Voices Playmakers, a special edition of CNN’s African Voices Changemakers, Arit Okpo meets the former African World Cup footballers who are making a difference in sport and in their communities. One of South Africa’s most iconic footballers, Lucas Radebe, is sharing…
  • - In the new series The Next Frontier, CNN’s Rahel Solomon explores the future of living and how tomorrow’s cities are being imagined. In the first episode, Solomon examines the topic of ‘How We Will Live. With populations expected to rise, and most people projected to live in urban areas, CNN meets…
  • - During the week, the Kenyan shilling depreciated by 0.2 percent against the US dollar to close the week at 122.8 shillings, from 122.5 shillings recorded the previous week. The depreciation was partly attributable to increased dollar demand from importers, especially oil and energy sectors against…
  • - The 2022 Kenya Certificate of Primary Education (KCPE) is set to be released next week according to the Education Cabinet Secretary Ezekiel Machogu. Education CS explained that the exam was conducted under the highest academic standards hence the timely release date. “Next week we are announcing…
  • - During the week, T-bills were undersubscribed for the second successive week, with the overall subscription rate coming in at 97.1 percent, up from the 82.4 percent recorded the previous week. The continued low subscription is partly attributable to tightened liquidity in the money market with the…
  • - Wine lovers had a rare experience to test and sample wine brands during the first-ever East Africa Wine fair edition to be held in Mombasa. As part of their effort to expand the wine market scope, the importers are optimistic that the Mombasa fair will open doors for more business, especially…
  • - Kelvin Makokha, a 29-year-old mason from Kasarani is the winner of the SportPesa Midweek Jackpot for last week. He joins a list of millionaires across the country. Makokha, a father of one, correctly predicted 13 games that saw him walk away with over 15 million shillings. He says his miracle…
  • - A few days after the Nation Media Group (NMG) announced plans to cut its workforce due to a change in operations, Radion Africa Group followed suit with a similar announcement. In an Internal Memo seen by Soko Directory, Radio Africa says the shift in the media industry and the diminishing revenue…