- The new digital number plates in Kenya are finally here, and most of you have been wondering how you can get them. Here is a step-by-step guide on how you can get the new digital number plates manually or online. Manual Application Acquire an application form from the NTSA. The form should detail…
- Everyone wants to spend their golden years happy, relaxed, and financially free. But this is only as good as the number of contributions you make now. Currently, most of the National Social Security Fund (NSSF) save a minimum of Ksh. 200 a month. This has often left them wondering, “will my savings…
- Livestock farmers in Garissa county will benefit from 5 million shillings of subsidized livestock supplementary feeds, through a newly launched initiative by the county government of Garissa in Collaboration with USAID. The initiative is targeting more than 1,500 livestock farmers in some of the…
- As the demand for powerful and fuel-efficient vehicles continues to grow, CFAO Motors Kenya, the distributor of Toyota vehicles and genuine spare parts, has launched the all-new Toyota Starlet 2022, an upgrade to its 2020 model that comes with a more powerful 1.5-liter engine and enhanced fuel…
- The market for beans is overwhelming, both locally and internationally. They particularly fetch better prices when it is not harvesting period and currently, the price per 90-kilogram bag for the yellow beans is 14000 shillings in Nairobi. This is an increase of over 5000 shillings within a span of…
- How To Start Buying Government Bonds If you are looking to build up a well-diversified portfolio, you will usually be advised to include both stocks and bonds among your investments. While stocks may offer you the potential for capital appreciation, bonds may provide a steady stream of investment…
- Listed Agribusiness firm Kakuzi Plc has confirmed that its inaugural Hass Avocado export cargo to China has been sold-out in the quality-conscious market. According to Kakuzi PLC Managing Director Mr. Christopher Flowers, the success of the inaugural export cargo to China has paved the way for…
- In the latest figures released by the Kenya National Bureau of Statistics (KNBS), the Consumer Price Index (CPI), which measures the percentage change in the price of a basket of goods and services consumed by households, increased by 0.4 percent from an index of 125.05 in July 2022 to 125.58 in…
- Teachers who were employed by Teacher Service Commission, TSC, in July 2022 have started receiving their letters trickled down to different TSC sub-county offices across the country together with newly revised salaries they are set to Pocket. Teachers who filled out the employment letters have been…
- Miraa sector is slightly recovering following the lifting of the 2020 ban by Somalia last month. As a result, farmers’ deposits have increased by 15 percent as the stimulant now fetches better prices in the vast Somalia market. “Over the two years of market closure farmers were depositing little…
- With citizens, governments, and businesses more dependent than ever on digital connectivity, one of the most pressing sectoral issues for this decade is cybersecurity. While this issue has been in the public consciousness for some time now, there is still a wide perception gap between…
- LEAP Africa, one of Africa’s foremost youth-focused leadership development organizations, and Dow are pleased to announce the third edition of its Pan- African ‘Youth Day of Service (YDoS)’ campaign, a youth-led social impact campaign with the theme — Youthful and Useful, a move that is in…
- Exchange Rate Performance The Kenyan shilling is still receiving a whopping from the US Dollar, falling to its lowest bottom on Wednesday. The local currency weakened 0.03 percent to close at 120.01 (-6.07 percent year-to-date). The shilling was also on a losing spree against the Euro, weakening 0.…
- In the world of business, beginnings are never easy. Every startup founder knows from the outset that there are going to be obstacles. But sometimes, they can still surprise you. Whether that’s because you just didn’t anticipate them or not, you might be unsure of the best way to respond, or you…
- Ever been in a situation where you are short of words when a friend or family member asked to borrow money? The last thing you want is to offend the other person, but in some cases, you’re not going to give them any money anyway. Unfortunately, you might be feeling uneasy because you don’t quite…
- BK Group Plc has reported a 24.5 percent growth in net profit to KES3.3 billion for the half year ended June 30 2022, boosted by improved interest income from customer loans. The Rwanda Stock Exchange and Nairobi Securities Exchange-listed financial services group recorded improved performance…
- According to feed manufacturers and egg wholesalers, the high egg prices will be held at least until grain from Kenya’s maize basket, Rift Valley, comes into the market in October 2022. A tray of eggs currently retails for between 400 and 500 shillings across the country. Meanwhile, the price list…
- Oil is headed for a third straight monthly drop, the longest losing run in more than two years. This is attributed to prospects for slower global growth as central banks jack up interest rates and China presses on with its Covid Zero strategy. The October Brent contract on the Intercontinental…
- The Kenya National Examinations Council (KNEC) has released the final examinations timetable for 2021/2022 Kenya Certificate Secondary Education (KCSE). According to KNEC, all Form Four candidates will sit their first examination on Monday 21st November 2022, and their last paper on Friday 23rd…
- Microsoft has named veteran and Africa expert Kunle Awosika as the new Managing Director of the Africa Transformation Office (ATO), its subsidiary charged with driving digital transformation initiatives across the continent. Kunle succeeds Wael Elkabbany, who has been appointed head of Microsoft’s…
- Kenya Electricity Generating Company PLC (hereinafter “KenGen”), a leading electric power generating company in Kenya, and Toshiba Energy Systems & Solutions Corporation (hereinafter “Toshiba ESS”), a leading supplier of integrated energy solutions, concluded a memorandum of understanding (MOU…
- Financial services firm, Britam Holdings Plc, has today posted a profit before tax of Kshs. 1.04 billion for the half-year period ending June 30, 2022. This is a significant improvement compared to a profit before tax of Kshs. 0.65 billion recorded over the same six-month period of 2021. The Group…
- A fire has burned down buildings in a section of the Mathare area, in Nairobi County. According to videos shared on social media on the morning of Wednesday, August 31, the fire is spreading fast in the heavily congested area. Most of the affected houses are made of iron sheets. The authorities and…
- Old Mutual Holdings PLC has posted a loss before tax of KES 375 million in the first six months of 2022 compared to a profit before tax of KES 552 million reported in a similar period in 2021. The performance was delivered against the backdrop of a deteriorating Global economic environment driven…
- It is sometimes too easy for the world to wrongfully assume that Africa lags too far behind the global cloud innovation revolution happening. That is a fundamentally flawed outlook. As of 2021, our continent accounted only for USD 1.2 billion of the global public cloud market, it has more than…
- More than 660 private hospitals have threatened to pull out of outpatient services for the members of the National Hospital Insurance Fund (NHIF). The hospitals are protesting a mismatch in capitation rates and delays in signing contracts. The hospitals say NHIF branch offices have been asking for…
- Kenya Power and Lighting Company (KPLC) has issued a notice to Kenyans with regards to changes in how they will be purchasing power tokens going forward. According to the new directive, starting this Thursday (September 1), Kenyans will not be able to purchase tokens through the usual third party…
- Kenyans have 18 months to replace the number plates on their cars. The Ministry of Interior led by CS Fred Matiang’i has launched new “digital number plates” that will replace all the existing ones. One will have to pay 3,000 shillings. Matangi said the government has the capacity to replace all…
- Kenyans and the region will wait a little longer to confirm the new president, weeks after the country held polls on August 9, thanks to the nine petitions filed last week at the Supreme Court challenging the validity of the declaration of William Ruto as president-elect. President-elect Ruto and…
- Kenya’s lawmakers, drawn from both the Senate and the National Assembly awarded themselves a hefty send-off package of up to 7.8 million shillings each for those who have served for more than one term. The package also involves 5.8 million shillings for each of the first-timers. “Members who have…
- The Teachers Service Commission, TSC, set minimum requirements for teachers. For you to be considered for employment as a primary teacher in Kenya, you have to satisfy all TSC requirements for primary teachers If you are intending to pursue a Diploma in Primary Teacher Education (DPTE), You should…
- Kenya has secured a deal with Malaysia and Mauritius to begin the exports of one-day-old chicks to these countries. According to the Director of Veterinary Services Obadiah Njagi, talks between the two nations talks are part of Kenya’s plan to increase live animal exports. Njagi says officials from…
- Safaricom has begun a large-scale customer pilot of its network in Dire Dawa. The telco stated that the launch is part of its phased city-by-city regional network rollout and rigorous service tests building toward a national launch. “The customer pilot in Dire Dawa will be on 2G, 3G, and 4G…
- On Monday 29th August 2022, Commercial Banks in Kenya were buying the US Dollar at an average of 119.879 shillings and selling it at 120.079 shillings with a mean across all commercial banks standing at 119.9079 shillings to the dollar. Meanwhile, the Sterling pound was being bought at 140.7153…
- The University of Nairobi, UON, has announced the availability of scholarships for students seeking to advance their academic qualifications. In a notice shared on Monday, August 29, 2022, the University noted that it was offering 137 master’s scholarships in the 2022/2023 academic year. Applicants…
- Internet browsers did not offer a lot of features beyond their basic purpose a few years back. Nowadays, the rapidly expanding library of available apps, add-ons, and browser extensions makes it possible to create a highly customized browsing experience. You can find browser extensions for about…
- Family Bank Group has posted a 2.3 billion shillings Profit Before Tax in the first six months of 2022. This is a remarkable 37.4 percent increase in Profit before tax compared to 1.7 billion shillings registered in the same period in 2021. The profit growth was driven by a 24 percent growth in net…
- The high cost of animal feeds has been on a rising spree since March, pushing some farmers to abandon poultry farming in fear of losses. For instance in Kiambu county, more than 500 poultry farmers from the Kiambu Poultry farmers cooperative have abandoned the business as a result of costly feeds…
- Asante Financial Group and Kenya Airways Ltd (KQ) have entered a partnership to provide travel agents with quick access to Working Capital for ticket issuance. Through a product dubbed ‘Biashara Wallet,’ the two companies believe that providing working capital financing to Non-IATA Travel agents…
- Kenyans borrowed an average of 1.6 billion shillings from Fuliza, Safaricom’s M-Pesa overdraft during the first 6 months of 2022. Fuliza offers short-term loans whose uptake has been rising daily due to the biting cost of living among Kenyans. In 6 months to June this year, Fuliza disbursed 290…
- Most Kenyans who have opted into Safaricom’s overdraft service, Fuliza, regret doing so according to a report released by Deloitte and DataEQ. According to the report, most of those who take up Fuliza regret the debt burden that comes with the service. The report says it pegged its conclusion on…
- Exchange Rate Performance USD|KES: KES weakened 0.02 percent to close at 119.93 (-6.00% year-to-date). GBP|KES: KES weakened 0.05 percent to close at 141.78 (+6.76% year-to-date). EUR|KES: KES weakened 0.18 percent to close at 119.81 (+6.39% year-to-date). Kenyan Stock Market Total equity turnover…
- Scientists now want farmers to plant drought-resistant crops as the country is expected to receive lower levels of rainfall during the months of October, November, and December. This will be the fifth season in a row that the rains will be failing to meet traditional expectations. “We have never…
- The local avocado growers and exporters may soon enjoy further market diversification opportunities’ in Malaysia as part of ongoing trade facilitation efforts by the Kenya Plant Health inspectorate Service (KEPHIS). KEPHIS, the national plant health regulatory agency, has been engaging counterpart…
- The agricultural sector across sub-Saharan Africa is critical to local and regional economies as a developmental base for food security and employment. Within it, there remains an invisible force driving productivity in the region and across the world. It is one that is too easily overlooked and…
- LG Electronics has unveiled its first curved 45-inch OLED display (model 45GR95QE) with a 240Hz refresh rate designed for immersive gaming experiences while offering excellent visual performance, speed, and features serious gamers demand. Launched at the IFA 2022 in Berlin Germany, the new model…
- Grade six students have started their national written tests today, Monday 29th August. This is after Kenya National Examination Council, KNEC, made available assessment materials on the portal for schools to download and administer. Depending on preparation and readiness, some schools are set to…
- Nairobi governor Johnson Sakaja has ordered all motorbikes impounded by Nairobi city county to be released to their owners. Speaking on Monday in a meeting with county workers, the Nairobi county boss directed an immediate withdrawal of all the cases against the riders of those motorbikes. He…
- Stock Market Weekly equity turnover fell by 29.2 percent w-o-w to USD 6.36 MN (KES 760.17 MN). NSE 20 and NASI shed 1.7 percent and 5.7 percent w-o-w to close at 1,749.16 and 137.91 respectively. Foreign investors assumed a net selling position by accounting for 24.3% of total market purchases and…
- KCB Foundation will provide full scholarships to 251 University students this year. The Group Director Marketing, Corporate Affairs & Citizenship, Rosalind Gichuru commissioned this group of students who will be joining various tertiary institutions on 26th Aug. 2022 during an event at KCB…
