Soko Directory

  • - As you prepare to restructure your building or office, you could inadvertently affect its fire safety and be swapping one hazard for another. Whether a building is changing its use or layout, including temporary constructions you must consider whether you need a new fire risk assessment. In the…
  • - The Kenya National Examination Council (KNEC) has spelled out regulations that must be adhered to ahead of the Kenya Certificate of Primary Education (KCPE) examinations and Kenya Certificate of Secondary Education (KCSE) exams, and the inaugural Kenya Primary School Education Assessment (KPSEA)…
  • - During the week, the equities market recorded mixed performance with NASI and NSE 25 gaining by 0.1 and 0.4 percent respectively while NSE 20 declined by 1.4 percent. The performance took the YTD performance of the three to losses of 23.1, 12.2, and 16.9 percent, for NASI, NSE 20, and NSE 25,…
  • - Twitter may soon roll out a verification fee of about $20 as part of a premium service under Elon Musk’s leadership. Musk, who took over the social media platform last week, plans to raise its premium subscription called Twitter Blue to $19.99 a month subject to change. “The whole verification…
  • - Persistent hosted its first Climate Venture Builder Conference, in Nairobi on October 26th.  The gathering involved over 130 participants from a wide range of organizations active in the climate early-stage company sectors in Africa. Entrepreneurs, investors, and development finance institutions,…
  • - During the week, the Kenyan shilling depreciated by 0.1 percent against the US dollar to close the week at 121.3 shillings from 121.1 shillings recorded the previous week. The continuous depreciation of the Kenyan shilling was partly attributable to increased dollar demand from importers,…
  • - During the week, T-bills were undersubscribed, with the overall subscription rate coming in at 75.8 percent, a decline from the 117.9 percent recorded the previous week. Investor’s preference for the shorter 91-day paper persisted, with the paper receiving bids worth 12.0 billion shillings against…
  • - Electric Vehicles Manufacturer, AI, and GreenTech Giant Agilitee have finally unveiled Africa’s first self-charging full electric car in Africa. In February 2022 the company announced that it would release this car later in the year, the green revolution pioneer kept its promise and delivered on it…
  • - Nyandarua County’s CEC nominee for Lands, physical planning and urbanisation John Ndung’u Muiru is this year’s fifth SportPesa Mid Week Jackpot winner. Muriu who won the Ksh 38,792,902 jackpot on the night of Thursday October 27 presented himself at SportPesa offices today, after attending an hour-…
  • - In 2015 CPS Live Ltd, a real estate developer launched Fumba Town, a modern African town in Zanzibar, the island that lies some 30km (just over 16 nautical miles) off the Tanzanian mainland. Fumba Town consists of 3,000 housing units, and commercial, retail, hospitality, and medical spaces…
  • - The art of writing has existed for centuries, and it will never go out of style. It has become an integral part of academics worldwide since introducing academic writing. It is common for schools, institutions, and places of learning to implement procedures to facilitate the exchange and sharing of…
  • - Manufacturing is a key sector in Kenya’s economic development, in both its contribution to national output and exports and job creation. The industry is diverse, comprising a variety of different sub-sectors such as automotive, metal, and plastics. It also consists of both large businesses and SMEs…
  • - Four Points by Sheraton Nairobi Airport has won two globally recognized awards, cementing its position as a leading player in the hospitality industry on the global scene. The awards are; Best Airport Hotel, Kenya 2022 by CEO Destinations and Kenya’s Leading Airport Hotel 2022 by World Travel…
  • - The Toyota Kenya Foundation, in partnership with UN Women and, with funding from the Government of Japan, has launched a new training program for women and youth from Kakuma Refugee Camp and Turkana host communities. The automotive repair and maintenance course brings an initial cohort of 30…
  • - USAID reports that the agricultural sector contributes to approximately 33 percent of Kenya’s Gross Domestic Product (GDP). Further, it asserts that the agriculture sector employs more than 40 percent of the total population and 70 percent of the rural population, making it a key element of Kenya’s…
  • - Absa Bank Kenya team, in conjunction with the Kenya National Chamber of Commerce and Industry (KNCCI), was in Kitale to meet and interact with small and medium enterprises and provide them with solutions to make their businesses better. Kitale town is the headquarters of the larger Trans-Nzoia…
  • - KCB Bank Kenya has set aside KShs. 250 billion to fund women entrepreneurs in the next five years, cementing the Bank’s role in catalyzing economic growth. In a newly revamped women offering, the Bank will extend the funding to women-led and owned Small and Medium Enterprises (SMEs) across the…
  • - Superior Homes (Kenya) PLC and Kenya’s premier Islamic bank Gulf African Bank, have today signed a partnership that will enable home buyers to access flexible mortgage financing at 11.75 percent, the lowest home finance rate offered by a Shari’ah Compliant Bank in Kenya. The partnership will see…
  • - The story of Agilitee’s founder, the African Billionaire who build a $20 billion green technology & AI firm, reads like a tale encapsulating the spirit of defying the odds, self-determination, commitment, and unparalleled consistency. It is also a narrative that illustrates how a vision that…
  • - The average cost of a data breach worldwide last year was 4.24 million U.S. dollars. Phishing and firmware attacks are on the rise, half a million password attacks occur daily, and ransomware is a continuous threat to every business. Dell Technologies is introducing new products and services…
  • - East African Portland Cement Plc has launched a new product named Green Triangle Cement that is aimed at minimizing the cement manufacturer’s carbon emissions. Green Triangle Cement has already received a green light from the Kenya Bureau of Standards under the strength standardization category of…
  • - Innovation is at the heart of what crypto and blockchain stand for. The internet (Web2) revolutionized the transfer of information. Blockchain (Web3) is the technology that is revolutionizing the transfer of value. To celebrate the innovative power of blockchain, Binance received an award for “Most…
  • - Absa Bank Kenya visited Bungoma County on Wednesday as part of its SME tour in the Western parts of the country under the Wezesha Biashara program that targets to empower at least 1000 SMEs, with 200 from Bungoma County. Absa Bank in partnership with the Kenya National Chamber of Commerce and…
  • - In Kenya, we’re used to thinking of banks as traditional brick-and-mortar buildings, filled with well-dressed employees dealing with queues of impatient customers. But, the banking industry has been evolving. In the past, one had to physically go to the bank to do something as simple as checking…
  • - Kenyans are fascinating people. They do not respond to logic and reason but to emotion and ethnic congregations. Therefore, as a country, we are having a challenging time moving forward and finding solutions to simple challenges we face as we plan for our future. It is challenging to do anything…
  • - Double Olympic marathon champion Eliud Kipchoge is the LG/ SJAK Sports Personality for the month of September. Kipchoge won the recognition after his world record-breaking 2:01:09 run at the Berlin Marathon on September 25. That performance saw him lower his own world record mark by 30 seconds and…
  • - KCB Bank has received triple awards in recognition for its efforts in supporting SMEs, Community Development, and creating investment and savings opportunities in the country. The awards; Best SME Bank by Global Finance Magazine, Best Investment Bank, and Best Bank in CSR in East Africa by Global…
  • - The GSMA’s first in-person MWC Africa opened its doors today in Kigali, Rwanda with a fireside chat between H.E. Paul Kagame, the President of the Republic of Rwanda, and Mats Granryd, Director General, GSMA. The theme of the opening Keynote, “Building a Digital Future, Together” led the event’s…
  • - Dalbit Petroleum Limited celebrated 20 years of fuelling growth in Kenya and the region at a Gala Dinner held at the Radisson Blu Upper Hill, Nairobi. The company committed to continuing to deliver sustainable energy while supporting Kenya’s transition towards a low-carbon economy in an event that…
  • - AfricaNenda launched a detailed report on The State of Instant and Inclusive Payment Systems in Africa that broke down the digital payment systems in Africa and what they mean to the ever-growing and ever-changing financial sector within and without the continent. According to the report, the…
  • - The metaverse raises many big questions on trust and regulation, but perhaps the trickiest question of all, is simply: What is it? At its most basic definition, the metaverse is the internet gone three-dimensional. The word itself was first created by sci-fi author Neal Stephenson in 1992 who, with…
  • - Data is the foundation of an intelligent business. But data, data consumers, and the business expectations of data have changed. The shifting realities call for a higher level of data maturity and the right technologies to achieve outcomes. It’s time for businesses to rethink and modernize data…
  • - Mastercard and Cellulant have partnered to allow millions of Cellulant customers across Africa to shop and pay online with global merchants wherever Mastercard is accepted. The Mastercard virtual payment solution, linked to Cellulant’s payment gateway – Tingg, can unlock a host of opportunities for…
  • - Delegates from the United States of America (USA) have arrived in Dar es Salaam, Tanzania for a trade mission organized by Equity Bank Tanzania in collaboration with the East African Business Council, Minnesota Africans United, Global Minnesota, and Prosper Africa, a U.S. Government initiative that…
  • - With governments and businesses around the world pledging and accelerating their commitment towards sustainability, debating whether to incorporate sustainability into business strategy is no longer an option but a priority for businesses. Companies are embracing sustainability as a critical…
  • - Kisii County is sometimes known as the Land of Bananas. It is the only land of Matoke in Kenya, one endowed with hardworking and enterprising Kenyans. Most of the residents in Kisii and small-scale farmers and SMEs. Just like other SMEs around the country, SMEs in Kisii face a myriad of challenges…
  • - The Family Group Foundation and the USAID Tumikia Mtoto project implemented by World Vision Kenya have today held a graduation ceremony for 100 DREAMS young women bringing the total number impacted under this partnership to nearly 300 women trained and certified in plumbing, electrical, and…
  • - A commonly told joke is told that Nairobi apartments are so densely squeezed that when you need to borrow salt from your neighbor, all you need to do is open your window and extend your hand and you immediately have access to your neighbor’s kitchen. Nairobi’s intense building density is due to a…
  • - More than 1,000 SMEs in the Western Kenya region are poised to benefit from a business empowerment tour by Absa Bank Kenya in partnership with the Kenya National Chamber of Commerce and Industry (KNCCI). The tour, which will traverse Kisumu, Kisii, Bungoma, Trans Nzoia, and Uasin Gishu Counties,…
  • - Absa Bank Kenya will this week be holding a series of training and engagements in the Western Part of Kenya including Kisumu, Kisii, Bungoma, Kitale, and Eldoret, in an engagement that is tailored towards empowering SMEs. In partnership with the Kenya National Chamber of Commerce and Industry (…
  • - Industry regulator Communications Authority (CA) and leading telecommunications firm Huawei have set their lenses on training boot camps as a complementary mode of ramping up the population of skilled cybersecurity professionals, for which Kenya is estimated to have a shortage of at least 100,000…
  • - Kenya’s inflation hit a 63-month high of 9.2% 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-…
  • - “We are projecting the y/y inflation rate for October 2022 to fall within the range of 8.4  -8.8 percent,” said Cytonn Investments in their latest report. The inflation rate will be pegged on the: The decline in fuel prices: For the period between 14th October 2022 to 15th November 2022 the prices…
  • - During the week, the Kenyan shilling depreciated by 0.1 percent against the US dollar to close the week at 121.1 shillings, from 121.0 shillings recorded the previous week. The depreciation of the Kenyan shilling was partly attributable to increased dollar demand from the oil and energy sectors…
  • - During the week, T-bills remained oversubscribed, with the overall subscription rate coming in at 117.9 percent, a slight increase from the 116.7 percent recorded the previous week. Investor’s preference for the shorter 91-day paper persisted, with the paper receiving bids worth 19.5 billion…
  • - Solv Kenya, a full-stack Business-to-Business (B2B) digital platform owned by Standard Chartered’s innovation, fintech investment, and ventures arm, SC Ventures, has launched its commercial operations in Kenya. Through an open and inclusive trade ecosystem along the MSME value chain, this platform…
  • - Trufoods, in partnership with Top Chefs from across the country, has urged Kenyans to embrace organic food consumption in a bid to nurture a healthy lifestyle. This is in line with this year’s International Chef Day theme: Growing a healthy future. The food and grocery brands manufacturer of Zesta…
  • - Families were treated to a day full of fun on Mashujaa Day, as Mint@Mua Restaurant was launched in Mua Hills, Machakos County. Strategically located in the Mua Hills, the restaurant is the perfect getaway for families, groups of friends, and even individuals who are looking for a quiet place away…
  • - Liz Truss resigned as the UK Prime minister after only 44 days in office. Liz now becomes the shortest-serving prime minister in Britain’s history after the public, MPs and the markets comprehensively rejected her style of leadership. Liz Truss replaced Boris Johnson who was unceremoniously thrown…
  • - In its drive to steer digital transformation, dx5 (Formerly CIO Africa) has released a shortlist of companies that will compete in the Digital Transformation (dx100) Symposium & Awards which is slated for the 23rd to 25th of this year. Now in its 14th year, the Digital Transformation (dx100)…