Soko Directory

  • - Emirates, the world’s largest international airline, has rolled out a free hotel stay and baggage allowance offer for Kenyans traveling to Dubai and beyond between the months of June to September 2022. Passengers traveling to Dubai or beyond with Emirates will enjoy a one (1) night complimentary…
  • - Huawei Technologies has urged Kenyan institutions of higher learning to raise the level of investment that they put into research and to build stronger, deeper private sector partnerships to grow the country’s digital innovation pipeline. Speaking during this year’s Africa Division’s International…
  • - Centum Investments Company Plc will be selling its 83.4 percent shares in Sidian Bank at a cost of 4.3 billion shillings. This is after the investment giant entered into a binding agreement with Access Bank from Nigeria. “The transaction is subject to customary adjustments agreed by the parties. It…
  • - We will let you in on a little secret; the best time to travel is during the ‘off-season’, which falls between February to March, May to July, and September to November. Air tickets are marginally cheaper, and hotels rarely register 100 percent occupancy and therefore lower their pricing to attract…
  • - On Monday google received an order from Australia’s federal court to pay more than $500, 000 in damages to a politician following defamation issues by a comedian’s video hosted on YouTube. In 2020, an Australian comedian known as Friendlyjordies uploaded a series of videos on YouTube accusing John…
  • - Over the past few years, financial technology has revolutionized the financial sector in Africa and across the globe. In many ways, fintech, as it is commonly referred to, has essentially disrupted how people save, invest, transfer, and borrow money. Across the globe, various breakthroughs…
  • - Are you interested to be trained as a KNEC Examiner? KNEC has advertised training opportunities for teachers to prepare them to become examiners for the 2022 KCPE, KCSE, Primary Teacher Education (PTE), Diploma in Teacher Education (DTE), and Business and Technical examinations. Application…
  • - On Monday, a 78-year-old woman was found dead inside her house in Nyayo estate Embakasi after a long bout of fasting and praying. Catherine Kibara went missing for a couple of days with her phone going unanswered, which her relatives say was unusual for her. On Monday, the relatives approached…
  • - According to Teacher Service Commission, TSC, 2021 annual report, the teachers’ shortage stood at 99,213 in primary and secondary schools. In the report, which was presented to the National Assembly, the figure represented 44,134 and 55, 079 primary and secondary schools. Treasury CS Ukur Yatani…
  • - The cost of onions has fallen 12 percent low as local growers and sellers engage in mass selloffs to ensure they do not experience excess losses when the Tanzanian onions finally hit the Kenyan market. This fall comes when Kenyan farmers had been hoarding the commodity to create an artificial…
  • - The Kenyan shilling is down, at its lowest in history, but the referee, the Central Bank of Kenya says “all is well and the game should go on.” The shilling has been quoted at 121 shillings to the dollar although the CBK says that it is at 116 shillings to the dollar. On Monday, the […] The post…
  • - The capital markets Authority (CMA) will reward whistleblowers who expose capital market malpractices with up to 5 million shillings, as was proposed in amendments to the CMA Act in 2018, aimed at taming economic malpractices. “Where CMA successfully recovers penalties and illicit gains in the…
  • - The ongoing dollar shortage in the country poses a threat to the most critical sectors, such as manufacturing, which rely on dollars to import key raw materials and inputs used in processing and capital goods investments. Concerns are now being raised that the situation that is already affecting…
  • - Sendy, a tech company that builds fulfillment infrastructure for e-commerce and consumer brands has joined Google in an initiative aimed at empowering Africa’s small and medium businesses. The Bootcamp program, dubbed Google Hustle Academy, seeks to provide MSMEs across Kenya, Nigeria, and South…
  • - Azimio la Umoja Presidential Candidate, Raila Odinga, has become the first presidential candidate to make public his manifesto, promising 10 key things that he hopes to achieve as the President of the Republic of Kenya. Odinga, with his Running Mate, Martha Karua, was cleared by the Independent…
  • - The Independent Electoral and Boundaries Commission (IEBC) has approved only four out of the 50 presidential candidates to run in the upcoming elections in August. If no other candidate will be approved, this will be the lowest number of candidates in many years. Those who have been approved are:…
  • - Del Monte Kenya Limited, Kenya’s largest producer and exporter of pineapple products and fruit beverages has stated its commitment to safeguarding the environment and the earth during the World Environment Day celebrations. This year’s World Environment Day is aimed at raising awareness of emerging…
  • - The government will provide all the presidential candidates cleared by IEBC to contest in the august polls with at least 10 armed police officers. In the next two months leading up to the General Election, all the qualified candidates and their running mates will be flanked by five policers as they…
  • - The Teacher Service Commission (TSC) recruits teachers following the laid-down rules updated regularly. TSC advertises job vacancies, and interested candidates submit application forms to the counties or institutions where they want to be considered for employment. Requirements for one to be…
  • - The deadline for employers to file their National Social Security Fund (NSSF) returns is the 9th day of each month, and for someone who doesn’t know the exact procedure, it can become quite challenging. Nevertheless, every employer with one or more employees must promptly register with NSSF as a…
  • - The Journey,  a new talk show centered around ordinary to high-powered guests is set to launch on Maisha Magic Plus, the home of premium local entertainment in Kenya. The 45 minutes show will be hosted by the prolific Daniel “Churchill” Ndambuki and will feature a different guest each week as they…
  • - Displaying your products and product information is one of the steps toward growing your customer base. It helps consumers make informed decisions and can lead to increased sales. This is why you should attend the Africa Expo 2022, which will be held at World Trade Centre, Kuala Lumpur, from 15 to…
  • - Financial inclusion is driving better access to health and education across the Middle East and Africa, according to a new white paper from Mastercard. The study, Financial Inclusion+ – Connecting People to Finance, Health, and Education, explores how health, education, digital, and financial…
  • - The cost of digital loans is expected to surge further if the new amendment to impose a 20 percent excise tax on fees charged by digital lenders is approved. The new proposal by the Finance and National Planning Committee sailed through the floor of the National Assembly on Thursday night. The new…
  • - The NSE The weekly equity turnover declined by 45.1 percent w-o-w to close at USD 19.92 million (KES 2.33 BN). NSE 20 edged up by 0.7 percent w-o-w to close at 1,699.83 while NASI fell by 0.3 percent w-o-w to close at 129.41. Foreign investors assumed a net selling position by accounting for 62.8…
  • - Kenyans have been treated to news of alleged breaches in the electoral systems affecting voters’ data, lack of enforcement of the leadership and integrity threshold, and uncertainty of technology to be used in the upcoming Elections. With only 65 days to the General Elections, members of The Angaza…
  • - Gunmen raided South-West Nigeria and took away lives of innocent civilians at a catholic church during an ongoing church service on Sunday 5th June 2022. Up to fifty people have been reported dead. According to reliable sources from a recognized hospital and Media reports from Nigeria, the 50…
  • - During the month, the Central Bank of Kenya (CBK) released the Monetary Policy Committee Hotels Survey-May 2022, a report which highlights the performance of hotels. Overall, all the sampled hotels indicated that they were in operation, representing a 6.0 percentage points increase to 100.0 percent…
  • - During the month of May, the Kenya Shilling depreciated by 0.8 percent against the US Dollar, to close the month at 116.7 shillings, from 115.8 shillings recorded at the end of April 2022. The dismal performance of the shilling was driven by the increased dollar demand from oil and merchandise…
  • - T-Bill Performance In May During the month of May, T-bills remained undersubscribed, with the overall subscription rate coming in at 92.2 percent, up from the 59.4 percent recorded in April 2022. The increase in the subscription rate was partly attributable to the increased yields and partly due to…
  • - Pwani Oil, the Freshfri, Salit, and Fry Mate cooking oils manufacturer have shut down operations due to an acute shortage of raw materials occasioned by the limited access to the dollar across the country. It became the first company to shut down for reasons pegged on the dollar. The shutting down…
  • - We should revisit the issue of bursaries awarded to children from disadvantaged families. This remains an eyesore to our national psyche, yet we are witnesses, directly or indirectly, to how those in authority are using public funds in the name of bursary to fleece the less fortunate. It defeats…
  • - Deputy Head Teacher II is a promotional grade for administrators in primary schools. The Deputy Head Teacher II is answerable to the Head Teacher for the development and implementation of the curriculum, education policies, and programs. In the absence of the Head Teacher, the Deputy Head Teacher…
  • - KCB Group Plc shareholders have approved a KShs. 9.64 billion total dividends payout for the 2021 financial year, signifying a sustained return to shareholders amid a tough operating environment occasioned by the adverse impact of the pandemic. At the 51st Annual General Meeting held earlier today…
  • - When it comes to being an entrepreneur, you’ll likely need to wear a lot of hats and buildup a lot of skills, not necessarily in the field that you plan to go into. For example, some people want to open a business that produces and sells coffee and in the process become a coffee connoisseur. […]…
  • - Internships are essential for ensuring that students apply their classroom learning in the real world. It exposes students to a variety of career areas, supporting them in the acquisition of relevant skills. Furthermore, if you work hard and passionately during your internship, it will be easier…
  • - The Meteorological department has warned that the country will likely experience some bad weather conditions in the next five days. The weatherman noted that depending on the region, the weather patterns will vary from strong winds to large waves, which had already started on 2nd June 2022. Some…
  • - Members of parliament on Thursday proposed a further VAT slash on liquefied petroleum gas to 8 percent from the current 16 percent, a move that will see the prices of the commodity lower. This is a relief for many households who rely on domestic cooking gas, which has already hit a record high. The…
  • - Black Tax is a term used to refer to a situation where your family members or relatives feel that because you are part of them, then what you have is theirs and you must share with them or else they will pronounce a serious curse on you and your life. Black Tax is common among […] The post How Can…
  • - As the world embraces new technologies and businesses find new ways to scale and grow, Asante Financial Services Group is working to be an integral part of that journey. The Group has been working together with Micro and Small enterprises since 2018 to help them meet their potential by providing…
  • - The Kenyan shilling has continued to receive a beating from the US Dollar, weakening 0.06 percent on Thursday to close the day at 116.81 shillings (-3.24 percent year-to-date). However, the local currency gained some ground against the British Pound and strengthened 0.16 percent to close at 147.21…
  • - In early May 2021, Visa and Safaricom announced a strategic partnership bringing together M-PESA’s 30 million customers, more than 492,000 businesses, and Visa’s global merchant and card network across 200 countries. Well, the strategic partnership, has culminated in the launch of a convenient…
  • - The Teachers Service Commission, TSC, will pay its teachers who are on permanent and pensionable terms their annual salary increment starting July 2022. Teachers, including those in lower grades, will continue to receive their annual salary increases when the TSC gets funds for the purpose.…
  • - Canon Central and North Africa announced today its long-awaited R-tour’s commencement in Kenya on June 2nd which will witness the launch of two of its revolutionary products EOS R3 and EOS R5 C alongside showcasing its newly introduced Powershot Zoom, the EOS R7 and EOS R10. The launch event for R-…
  • - Blended E-Learning 2022  The blended e-learning market is expected to grow rapidly in the next few years. This is due to the increasing demand for online learning courses, which offer a more convenient and flexible experience for students. In this blog post, we will discuss some of the recent…
  • - Zamara Group has rolled out an affordable and flexible medical cover targeting individuals between the age of 18 – 80 years. The product dubbed Zamara Afya is a comprehensive medical cover that will be available to all non-insured Kenyans. It will provide access to care for inpatient and outpatient…
  • - Guinness through its global campaign dubbed Black Shines Brightest is bringing the party to entertainment joints near you in 14 regions across the country. The Black Shines Brightest campaign which was unveiled in October last year celebrates creativity, entrepreneurialism, and individualism in…
  • - Ride-hailing company SWVL has announced it is pausing two of its services in the Kenyan market effective Friday, June 3, 2022. SWVL Daily intra-city rides will cease operations on Friday, followed by SWVL Travel on Sunday, May 30. The Cairo-based shuttle-hailing firm, which started operations in…
  • - During the Madaraka Day celebrations on Wednesday, June 1st, President Uhuru Kenyatta commended some of the reforms in the coffee subsector which have seen farmers double their earnings through the direct export of coffee. So far six coffee unions have been licensed by the Capital Markets Authority…
  • - According to the latest Kenya National Bureau of Statistics (KNBS), cooking oil prices jumped the highest at 5.3 percent in May 2022. A liter of the commodity is now selling for 425 shillings and 444 shillings at Naivas and Carrefour supermarkets, respectively. A 2 liter can of Rina Cooking oil…