Soko Directory

  • - The government has instructed all primary and secondary school heads to release students’ academic certificates. Further, the ministry has cautioned the institution against charging any fee prior to documents being released. According to the circular released by the Principal Secretary in the…
  • - Every step you make in life counts, no matter how big or small it is, it will still count either positively or negatively, and the choice you make today will define who you will be tomorrow. An American Author- Gordon Hinckley once said ‘’you can’t build a great building on a weak foundation, you…
  • - East African Portland Cement Plc has officially launched its newest product named Green Triangle Cement which is aimed at minimizing the cement manufacturer’s carbon emissions. Green Triangle Cement is standardized under the Kenya Bureau of Standards strength standardization category of 22.5 but…
  • - Kenya’s avocado exports to China hit 7  Billion shillings in the three months to October exceeding the 6 billion shillings that were fetched in the first seven months of the year, signaling the high demand that the fruit has generated in the Asian Market. Head of Horticulture Directorate Benjamin…
  • - Anyone with a kid will tell you that it is not easy to take care of a child. Children have so many needs ranging from medication, to schooling, to access to all the social needs and amenities. They say having a kid is a blessing but it is more to those who are prepared. It […] The post Why It Is…
  • - Exchange Rate Performance The Kenyan shilling lost ground against three major global currencies; the US Dollar, the Pound, and the Euro. Against the US Dollar, the shilling shed off 0.05 percent to close at 121.67 (-7.54 percent year-to-date). At the same time, the local currency weakened 0.14…
  • - Nairobi is becoming a dangerous place. Reports of people being mugged and stabbed in broad daylight are being reported on a daily basis. People are no longer walking freely, even in places we initially considered safe such as Allsopps. Now, a day does not pass without one being stabbed and killed.…
  • - Japanese printing and information technology company Epson has set aside KES 83 billion over the next ten years, with a focus on decarbonization, resource recycling, and an accelerated program to develop environmental technologies. Epson regional head, of East and West Africa, Mukesh Bector say, “…
  • - SportPesa has announced a first-of-its-kind partnership with iconic Esports athlete, African video games ambassador, and mentor, Brian ‘The Beast’ Diang’a. This is in support of the fast-rising interest and talent pool in the local Esports community, as part of the gaming company’s plan to support…
  • - Daikin India, the maker of air conditioning systems, has unveiled a Center of Excellence program in partnership with Don Bosco Boys Technical Institute as a part of its ongoing Skill Africa Initiative. The program is set to expose underprivileged students to the latest advanced technological know-…
  • - Kenya is set to receive 52 billion shillings from the International Monetary Fund’s (IMF) Extended Fund and Extended Credit Facilities (EFF & ECF). The disbursement which is yet to be approved by the lender’s management and executive board follows the conclusion of an IMF staff mission to Kenya…
  • - The Standard Gauge Railway (SGR) passenger trains from Nairobi to Mombasa are nearly fully booked for December. Africa Star Railway Operation Company (Afristar), and Kenya Railways have reported passenger services to be above 90 percent booked with anticipation of more passengers in the coming few…
  • - Nairobi is the only African city listed among 45 global cities that recorded annual growth in Q3 2022. The Knight Frank Prime Global Cities Index, which tracks movement in the top five percent of residential prices across 45 global cities, reported that global prime price growth dipped for the…
  • - “Installation work can be anything from having a sculpture within a particular space as a single object to tell a particular story, or in my type of work, I use multiple items. I will use the space as an experience,” says Installation artist Wambui Kamiru Collymore. Wambui measures the success of…
  • - Tea prices at the weekly Mombasa auction have for the first time in 8 months surpassed the government-set minimum price of $2.43 as demand stabilize. Data from the East African Tea Trade Association (Eatta) shows a kilo of the beverage fetched $2.46 in the latest sale up from the $2.42 recorded in…
  • - The 2021 Kenya Institute of Management Board Diversity and Inclusion Report indicates there has been significant progress in board diversity and inclusion in Kenya from 18 percent in 2015 to 36 percent in 2021. It is now clear that the composition of boards in Kenya is becoming more diversified as…
  • - Listed companies have been urged by the Nairobi Securities Exchange (NSE) to adopt sustainability reporting mechanisms to enhance their profitability and investment attractiveness to local and foreign investors. Speaking during a deep dive session of the 6th edition of the Absa Africa Financial…
  • - The third installation of the State of the ARt (SOTA) exhibition which aims to fuse art and technology, has today opened in Nairobi with calls for wide-scale adoption of Virtual and Augmented Reality technologies in many sectors of the economy in order to capitalize on the massive, immersive and…
  • - Life has so many challenges. Sometimes we fall. Sometimes we rise. They say life is a journey, and along this journey, there are so many treacherous destinations. We may fall but the will and the determination to rise again are what define us. In life, there is both success and failure. Success…
  • - Stanbic Bank Kenya, a member of the Standard Bank Group has today reiterated its support for Kenya’s development through investments in trade and infrastructure as it officially launched its newest Nairobi Expressway branch, aimed at supporting users of the Expressway. The launch took place ahead…
  • - To become a National Social Security Fund (NSSF) member and start your journey toward saving for your retirement, you need to register. Now, there are three simple ways that one can use to register to become an NSSF Member. They are: USSD *303*1# WhatsApp Chat Bot on 0704303303 NSSF Mini App on the…
  • - Kenya’s Sarova Panafric held the historical cake-mixing ceremony that traditionally marks the beginning of a celebratory mood as the world starts to enter the Christmas season. The event also marked the hotel’s commitment to giving customers within and without Kenya a taste that matches their…
  • - Following the demands that parents presented to President William Ruto, there has been a rise in the number of people advocating for the suspension of the Competency-Based Curriculum, CBC. Parents opined that the new curriculum had no clear structures, indicating that it needed an overhaul before…
  • - Kenya is among the eight nations that will benefit from the UNESCO covid 19 crisis response program, which is geared towards supporting tourism recovery from the pandemic, leveraging on UNESCO World Heritage Sites of Lamu Old Town and Fort Jesus. The program is also supported by the Kenya tourism…
  • - Education Cabinet Secretary Ezekiel Machogu, on 8th November, had a meeting with the Kenya Union of Post-Primary Education Teachers, KUPPET, officials ahead of national exams. CS Machogu has promised to engage more with the team for the betterment of the education system. The CS has also urged the…
  • - Equity Bank has enhanced its PayPal withdrawal service by migrating it from the previous web-based portal to Equity Mobile App and Equity Online, Equity’s internet banking platform. This shift will boost efficiency for Kenyans who receive payments through the international payment solutions…
  • - Carrefour, owned and operated by Majid Al Futtaim in Kenya, has announced savings of up to 50 percent through November across its stores countrywide. Dubbed ‘Carrefour Friday’, the retail chain is offering discounts every day until November 30 on a wide variety of categories including electronics,…
  • - The Technology Service Providers of Kenya has launched its inaugural 2022 TESPOK Autism Half-Marathon. The marathon-themed “Be a Hero – Accept, Understand and Love” is geared towards raising funds and rallying support for children living with Autism. While addressing stakeholders during the launch…
  • - The African Guarantee Fund (AGF) has partnered with ResponsAbility Investments AG (responsAbility) to offer a Loan Portfolio Guarantee facility amounting to USD 5 million. The partnership agreement was signed earlier this morning at their Africa House offices in Nairobi, Kenya. This partnership is…
  • - Schmidt Futures, a philanthropic initiative that brings talented people together to solve hard problems in science and society in partnership with the Rhodes Trust, an international education charity program, has announced the opening of applications for the 2023 Rise Global Challenge for young…
  • - CIC Group has today kicked off the sale of its 50-acre land located in Kiambu. The land, which is part of a 200-acre property neighboring Tatu city, has been subdivided into quarter-size plots for easier purchase with prices starting from KES 7 million. The residential plots which will be sold to…
  • - In 2021, remittance inflows to Kenya reached an all-time record of USD 3.71 billion, an increase of more than ten times since 2005. Central Bank of Kenya (CBK) data further shows that in the first nine months of 2022, remittance inflows equaled USD 2.9 billion, a slight improvement from USD 2.7…
  • - Kenya’s inflation hit a 63-month high of 9.2 percent in September, according to monthly inflation data provided by the Kenya National Bureau of Statistics. The rising cost of food, fuel, and other basic commodities is putting pressure on household budgets, forcing many families to cut back on non-…
  • - President William Ruto and British prime Minister Rishi Sunak have agreed to fast-track six green investment projects worth 500 billion shillings spanning green energy, agriculture, and transport. Ruto and Sunak met at the COP27 climate summit in Sharm-el-Sheik, Egypt. These new, clean, and green…
  • - APA Insurance has blacklisted 28 models from its comprehensive insurance coverage. The company says the owners of the car models have a tendency of misusing them, hence more expensive to cover. The 28 models that have been blacklisted include those within Toyota, Honda, Maruti, Mazda, Nissan, and…
  • - Fresh produce farmers are now staring at losses due to the ongoing strike by the Kenya Airways (KQ) pilots which has seen tonnes of perishable produce stuck at the Jomo Kenyatta International Airport (JKIA). The local horticulture producers say they have lost fresh produce valued at over 500…
  • - LG Electronics has inked a partnership with telecommunications firm Safaricom to offer customers access to home electronics and appliances at a discounted price of up to 7 percent off. The move aims to ensure customers receive quality products, upgrade their homes to smart homes using smart…
  • - News that Members of Parliament affiliated with the United Democratic Alliance (UDA) are working on a proposal to do away with the presidential term limit and replace it with the age of the contenders is not only sickening but a terrible idea. The fact that a Member of Parliament, elected on the…
  • - In a major effort to replace imported polluting fertilizer, the Government of Kenya and Fortescue Future Industries (FFI) today signed a binding Framework Agreement on the sidelines of COP27, witnessed by the President of Kenya HE Dr. William Ruto CGH and Executive Chairman of Fortescue Dr. Andrew…
  • - Exchange Rate Performance The Kenyan shilling has continued with its weakening record against the US Dollar. On Monday, the local currency weakened 0.03 percent against the US Dollar to close at 121.54 shillings (-7.42 percent year-to-date). The shilling also weakened 0.53 percent against the Euro…
  • - They say that we need the earth more than it needs us. That the earth does not belong to us; we have just borrowed it from future generations, and, therefore, we need to take good care of it and hand it over better than we found it. Media giant CNN has been at the forefront […] The post Call To…
  • - The demand for Irish potatoes in Kenya has been growing steadily. This growth is driven in part by rising demand from the fast-food industry and for processing into high-value products. The price of potatoes today varies with the cost of living. A sack of Irish potatoes is sold for 5,000 shillings…
  • - Mi Vida Homes has opened the sale of its affordable housing project in Riruta, dubbed Keza, and a new mid-market housing project at Garden City, dubbed Amaiya. Both projects are targeting investors seeking a mix of higher yields, affordability, and quality developments. Keza is a housing project…
  • - Bluebird aviation has announced that it is ready to take up passengers on charter flights to help ease current flight disruptions in the country following a strike by Kenya Airways (KQ) pilots. “We are ready to take in passengers on a charter flight basis. We welcome all passengers currently…
  • - Stock Market Weekly equity turnover fell by 30.4 percent w-o-w to USD 9.16 MN (KES 1.11 BN). At the same time, NSE 20 dropped by 0.3 percent and 0.7 percent w-o-w to close at 1,675.66 and 127.55, respectively. Foreign investors assumed a net selling position by accounting for 67.9 percent of total…
  • - Loan defaulters with poor repayment reputations will be forced to dig deeper into their pockets and pay more interest in the new lending framework while those who repay their loans in time will enjoy lower interest on loans. The habit to borrow from multiple lenders and the type of job are among…
  • - An American Writer, Dale Carnegie once said, “If you want to conquer fear don’t sit home and think about it. Go out and get busy.” This is the sad truth that has kept many cancer patients not only here in Kenya but also globally going. Sadly, the only thing that most cancer patients believe is […]…
  • - Even as the world continues to unravel the new 5G technology, leading telecommunications player Huawei is already angling for the next big thing- Net 5.5G. This future technology, says Huawei, is only three to eight years away and is expected to be an upgrade of the current 5G. According to the…
  • - Kenyans will have to dig deeper into their pockets to pay for their education or that of their children at a public university if the announcement by Education Cabinet Secretary Ezekiel Machogu that government sponsorship will end comes to pass. The government funds all public universities, despite…
  • - During the month, the Kenya Shilling depreciated by 0.5 percent against the US Dollar, to close the month at 121.5, from 120.7 shillings recorded at the end of September 2022. Is there hope on the horizon? The depreciation of the local currency was partly attributable to the increased dollar demand…