- The African tech ecosystem is growing rapidly, and there is increasing demand for capital from startups. In recent years, SAFEs, or Simple Agreements for Future Equity, have become an increasingly popular way for African startups to raise capital. SAFEs offer several advantages over traditional…
- In the heart of Kenya, where the pursuit of a reliable garage service has been a labyrinthine journey, Kaya Tiwi Auto-Garage emerges as a beacon of hope and innovation. Offering a seamless blend of motor prose and poetic promise, their latest offering, “Fix Now & Pay Later,” in partnership with…
- The Aga Khan University (AKU) Network of Quality, Teaching, and Learning has launched a compilation of impact stories in higher education as it celebrates its 10th anniversary. The publication titled “Transforming Teaching & Learning in Higher Education: Stories of Impact from the Aga Khan…
- In the bustling financial ecosystem of Kenya, where innovation and adaptability are key, one bank stands tall as a beacon of pioneering excellence. NCBA is a financial institution that has scripted its name in the annals of Kenyan finance as the harbinger of groundbreaking initiatives. From being…
- Kibo Africa, a leading local motorcycle manufacturer, is accelerating its commitment to a more sustainable future by embarking on an ambitious tree-planting initiative to plant over 100,000 trees in the next three years. In collaboration with the Ministry of Environment, through the State…
- The Kenya Meteorological Department (Kenya Met) listed areas expected to experience storms as well as those wreathing under high temperatures that have hit 30 degrees Celsius. Kenya Met revealed that rainfall is expected to continue over several parts of the country between Tuesday, October 17, and…
- On Wednesday 18th, the National Transport and Safety Authority (NTSA), gives a new directive on the collection of the new generation number plates. According to the statement released by NTSA, motorists whose number plates were ready have been asked to collect them from centers they selected as…
- Kenya Tourism Board (KTB) says it will give capacity building to the youth venturing into the tourism business in the counties to enhance their skills in the hospitality sector. KTB chairperson Francis Gichaba disclosed that several youths in the regions endowed with tourism activities lacked…
- The word purpose fascinates me. Oxford English Dictionary defines it as “the reason for which something is done or for which something exists”. Taking this literal definition, we can clearly say that purpose is existential both for individuals – it’s what makes us get out of bed, what makes us tick…
- Ericsson (NASDAQ: ERIC) announces the opening of a 5G Core (5GC) Excellence Center dedicated to serving the dynamic region of the Middle East and Africa. The state-of-the-art Excellence Center will serve as a focal point for innovation, collaboration, and the advancement of 5G technology. The…
- Food loss and waste have emerged as a global crisis that demands our immediate attention. Each year, approximately one-third of the world’s food production is lost or goes to waste, resulting in staggering economic losses estimated at $1 trillion. According to the Food and Agriculture Organization…
- In the heart of Kajiado County, a beacon of hope for motorists and companies has emerged, challenging the status quo of the Kenyan automotive industry. Kaya Tiwi Garage, a registered corporate entity, is transforming the landscape of garage services in Kenya. Here’s why every motorist should…
- Smart Africa alliance and Orange Middle East and Africa have signed a three-year agreement aimed to support the development of the African continent’s digitalization through advocacy, knowledge sharing, and assessment of government digital maturity to accelerate Africa’s digital transformation and…
- OPPO Kenya today announced the launch of the new OPPO A78 in Kenya. Featuring an upgraded FHD+ AMOLED Display, Dual Stereo Speakers, lightning-fast 67W SUPERVOOCTM flash charge, and long-lasting 5000mAh large battery, and more it is built to deliver seamlessly smooth performance for up to four…
- Are you ready to hit the open road in style and power? If you’re in the market for a brand-new Toyota Hilux Single Cab or Double Cab, look no further than the NCBA Asset Finance program. It’s not just about getting behind the wheel; it’s about unlocking a world of possibilities and revving up your…
- Kenya Revenue Authority (KRA) has so far collected Ksh 3.4 Billion from the ongoing tax amnesty program. Speaking during a media round table, Chief Manager Domestic Taxes Department Ms Caroline Rotich said that more than 17, 000 taxpayers have so far applied for tax amnesty and are expected to…
- In the world of engines and rubber on asphalt, there’s a place where motorist dreams become a reality, where the roar of engines is met with the soothing hum of precision. That place is Kaya Tiwi Garage, and we’re here to tell you why every motorist should make it their destination. Read Also:…
- Circleg, a pioneering developer of holistic prosthetic care solutions, will introduce its innovative Circleg One lower limb prosthetic into the African market, during an exciting launch event on October 17th, in Nairobi. The Circleg One is engineered to meet the unique needs and challenges faced by…
- In line with global trends, Kenya has seen a significant temperature increase of 0.3°C to 0.6°C per decade, impacting key sectors like agriculture and water resources. This rapid warming trend was a major focus at the inaugural Africa Climate Summit (ACS23) in Nairobi last month, which among others…
- KLM Airline has received the 2024 APEX World Class Award for the third time in a row for outstanding performance in offering customer safety, and well-being and championing sustainability. The International Airline Passenger Experience Association (APEX) presents the prestigious award annually,…
- A Makeover Loan has different meanings depending on the institution that is offering the same. To some, it is just a personal loan like any other while to others, it is a personal loan that must serve a specific purpose. In most cases, the person taking the loan does not get the cash. For instance…
- Africa is a continent of boundless potential and untapped brilliance. It is home to a diverse tapestry of ideas and innovation, promising to redefine the global business landscape. However, to unleash its full potential, Africa needs access to credit. Women-led businesses are playing a pivotal role…
- In the heart of Africa, a transformation is underway. Women entrepreneurs are emerging as leaders of change, driving innovation and economic growth. Nigeria, with its youthful and vibrant population, is at the forefront of this movement. Women-led businesses play a vital role in the Nigerian…
- Miftah Concierge, a Dubai-based leading provider of luxury lifestyle services has launched its operations in Africa with the establishment of an office in Nairobi. The market entry of Miftah in Africa also coincides with the appointment of Mr. Saruni Lelaona as the CEO of Miftah Africa who will…
- The Kenya Revenue Authority (KRA) has announced a tax amnesty on interest and penalties for tax debts incurred for periods up to December 31, 2022. The tax amnesty will run from September 1, 2023, to June 30, 2024. Who qualifies for the tax amnesty? All taxpayers who do not have principal tax due…
- In a significant move to boost tax compliance and provide financial relief to taxpayers, the Kenya Revenue Authority (KRA) introduced a tax amnesty program, aiming to collect Ksh 50 billion within 10 months. KRA Commissioner General, Humphrey Wattanga, stated that this initiative is designed to…
- Kenya’s tax landscape is changing, and it’s great news for all Kenyan taxpayers. The Finance Act of 2023 has introduced a tax amnesty, allowing you to clear your outstanding tax debts without the burden of additional penalties and interest. This tax amnesty is available from September 1, 2023,…
- The Kenya Revenue Authority (KRA) has launched a 10-month tax amnesty program, which will run from September 1, 2023, to June 30, 2024. The amnesty is aimed at helping taxpayers who have failed to pay their taxes by the end of last year to regularize their tax affairs and avoid penalties and…
- AVCA – The African Private Capital Association – held its second Sustainable Investing in Africa Summit yesterday, bringing together over 150 global LPs, GPs, entrepreneurs, and thought leaders committed to putting private capital to work to advance sustainable development in Africa. The event…
- During the week, liquidity in the money market exhibited stability, as the average interbank rate remained predominantly constant at 12.10%. In parallel, the average traded volumes witnessed an increase of 16.36%, ascending to KES 31.0bn, from the previous week’s KES 26.65bn. The Central Bank…
- Kenya’s national carrier, Kenya Airways (KQ) has recently been crowned as the winner of Africa’s Leading Airline for its Economy Class Service and Inflight Magazine (Msafiri) at the World Travel Awards 2023. This is the 5th year Kenya Airways has received an award in Africa’s Leading Airline –…
- Kuramo Capital Management, an investment management firm with a focus on Sub-Saharan Africa (SSA), plans to invest $150 million (Ksh. 22 billion) in supporting female-led enterprises over the next 10 years, under the Moremi Platform an initiative to empower the next generation of African women…
- Safaricom (NSE: SCOM) has launched Safaricom Hook, a new platform that seeks to empower the youth by leveraging the power of technology. Focusing on three key hooks; technology, career, and culture, the platform aims to nurture and support the aspirations of the Gen Z demographic and transform…
- Absa Bank Kenya has today launched a new digital platform, Wezesha Stock that aims to boost inventory management and trading for small and medium enterprises (SMEs). Wezesha Stock, which is a real-time digital platform, will automate stock financing for retailers to complement their financing needs…
- A total of 174 students from Amabuko Secondary School in Masaba, Kisii County, were on Monday rushed to the hospital due to diarrhea and vomiting symptoms according to school Principal Rawlings Juma. The students were rushed to Keroka Sub-County Hospital, Ichuni Mission Hospital and Gucha Hospital…
- Chaos as security teargassed teachers who were protesting against the decision by the Teachers Service Commission (TSC) to interdict them. Teachers had been deceived by TSC to sign letters of transfer from North Eastern due to insecurity. The teachers were instead served with interdiction letters,…
- LG Electronics East Africa has expanded its retail network by opening a new Brandshop at T-mall, Nairobi bringing the total number of its brand shops in the country to five. Additionally, they’ve launched the smart Laundromat at the same location, serving as the first Opalnet reference site for…
- Kenya Revenue Authority (KRA) has committed to collaborate with the Eastleigh Business District Association in a bid to bolster tax outreach and awareness initiatives for enhanced compliance and revenue mobilization. Speaking during a Leadership round table between KRA and the Eastleigh Business…
- The Ministry of Education has issued a new circular dated 13th October 2023 addressed to County and Sub County Directors that shows primary and secondary schools will close early for the third term break. Initially, schools were scheduled to close on October 27, 2023, but that date coincided with…
- 72.1% of Kenyans are willing to invest in electric vehicles to combat climate change. This is according to a survey conducted by Global Technology Company Epson annually, dubbed the Epson Climate Reality Barometer. This year’s survey, which gathered insights from over 30,000 respondents in 39…
- Safaricom (NSE: SCOM) has in partnership with Kitui County launched the MyCounty app platform aimed at digitizing county services for more efficient operations and increased revenue collection. The platform will offer services such as payment for county services, revenue management systems, a…
- There is an urgent need to support small and medium enterprises (SMEs) within and without Africa for them to gain sustainability and climate change resilience. This is according to the Regional CEO of East & Southern Africa – Ebele Ogbue of United Bank for Africa (UBA). Speaking at the…
- NCBA Bank was named among the top employers by the Federation of Kenya Employers (FKE) during this year’s Employer of the Year Awards, beating other giants even though it was the first time the lender was featured at the awards. “As first-time participants, NCBA was recognized during this year’s…
- This is a statement from Kenya Airways: Our attention has been drawn to a news story circulating on online blogs and different social media platforms alleging that a Kenyan Pilot flew for Kenya Airways for 8 years without a Pilot’s license. The General Public is advised to treat this as Fake News…
- In the vast galaxy of smartphones, one star shone brightest: the BlackBerry. It was the ultimate phone, a device that revolutionized the way we communicate and work. With its physical QWERTY keyboard, robust security features, and innovative messaging services, the BlackBerry was the phone of…
- The Kenya Revenue Authority (KRA) is committed to simplifying taxes for individuals and businesses alike. In a groundbreaking move towards modernizing tax collection and streamlining processes, KRA has partnered with the Ministry of Information, Communications, and the Digital Economy. Historically…
- Fuel prices in Kenya are among the highest in Africa. This has a significant impact on the cost of living and transportation costs for businesses and individuals alike. There are several factors that contribute to high fuel prices in Kenya, including: Rising global crude oil prices: The global…
- The African Guarantee Fund (AGF) and the Affirmative Finance Action for Women in Africa (AFAWA) will be holding a High-Level conference dubbed the AFAWA Finance Series on Tuesday, 17th October 2023 from 8:30 am at the Landmark Centre in Lagos, Nigeria. The conference will bring together government…
- Kenya Airways flight KQ100, flying from Nairobi to London, was diverted to Stansted Airport on October 14, 2023, after reports of a “possible security threat.” The airline later issued a statement saying that the threat had been established to have “low credibility.” This incident is a reminder of…
- Turnover dropped by 32.2% to KES 57Mn down from KES 84.1Mn the previous trading day. Local investors were the dominant players on the day. They accounted for c. 79.7% of the total market turnover. Foreign investors turned bullish on key blue chips to print net inflows of KES 6.38Mn in the day.…