- The government has approved recommendations by the Police Reforms Taskforce proposing the introduction of two entry points as the primary requirement to join the National Police Service (NPS). President William Ruto accepted to have constable and cadet levels as entry points into the NPS. The task…
- Stanbic Bank held the inaugural East Africa Business Summit at the Muthaiga Golf Club in Nairobi, Kenya. Under the theme “The Case for Economic Optimism for East Africa,” the event brought together business leaders, and industry experts from across East Africa. The Summit provided a platform for…
- Africa’s Global Bank, United Bank for Africa (UBA) Plc held the maiden edition of its expanded Graduate Management Accelerated Program(GMAP) where over 700 graduates were inducted into the UBA Tribe after a rigorous 6-month hands-on and learning experience. The Chartered Institute of Bankers of…
- UBA Kenya, a subsidiary of the United Bank for Africa (UBA) Group, partnered with the Nigerian High Commission in Kenya during the inaugural Nigeria in Kenya Business Roundtable event. This event serves as a remarkable platform for business stakeholders from both Kenya and Nigeria to foster…
- In the tapestry of Kenya’s labor force, woven with the threads of house girls, cooks, watchmen, drivers, gardeners, farmers, cart pushers, motorcycle riders, caregivers, cane cutters, and SME owners, the National Social Security Fund (NSSF) stands as a beacon of hope. In the realm of third-world…
- Safaricom PLC (NSE: SCOM) is the largest telecommunications company in Kenya and one of the most valuable companies on the Nairobi Securities Exchange (NSE). It is also one of the most popular stocks among retail investors in Kenya. Read More: Be Mindful of What You Chase Everyday as It Defines Who…
- Equities turnover soared by 13x to KES 729.2Mn up from KES 54.1Mn the previous trading day. Foreign investors were the dominant players on the day. They accounted for c. 94% of the total market turnover. Foreign investors remained bullish on key blue chips to print net inflows of KES 3.96Mn in the…
- Life, like a fleeting whisper in the wind, carries within it lessons, moments, and wisdom that often remain hidden in the hustle and bustle of our daily existence. In the grand tapestry of existence, we are mere threads, weaving our stories as we go along. Yet, it’s crucial to pause, reflect, and…
- The Kenya National Bureau of Statistics (KNBS) released the second quarter GDP Report highlighting that the Kenyan economy expanded by 5.4% in 2Q23, largely supported by an extended rebound in the agricultural sector which recorded a 7.7% growth. The growth was 20 bps higher than the 5.2% growth…
- In the intricate tapestry of life’s journey, I’ve collected these precious NUGGETS of wisdom, and gems of insight that I now share with you, especially dear entrepreneurs and resolute business owners. Let us embark on this poetic exploration of life’s teachings, each paragraph a stepping stone…
- Old Mutual Kenya has opened its second Integrated Financial Service (IFS) branch in the Central Business District, Kimathi Street, as part of the company’s ongoing commitment to providing customers with comprehensive financial solutions under one roof. Coinciding with this year’s Customers Service…
- NCBA has launched a new branch in Wote Town, Makueni County. The branch is located at Mbau Junction Mall and is one of the 10 branches the bank pledged to open this year as part of its expansion strategy to bring financial services to all areas of the country. The branch opening was inaugurated by…
- Equity Bank Kenya a blow from the High Court after its application to have TransCentury PLC Receivership reinstated was dismissed with costs. “The Defendant’s (Equity Bank) application is without merit and is dismissed with cost,” ruled the High Court. The dismissal of the Bank application to set…
- In the entertaining world of online casino gaming, few experiences can rival the thrilling experience of hitting the spin button of a slot game. The mesmerizing sound of the machine’s reels spinning and the dazzling array of symbols combine to make online slots an enduring favorite for millions of…
- Banking stocks dominated the top-mover chart of the day. Equity Group gained 0.7% to close at KES 36.30 while NCBA and Coop shed 0.3% and 1.3% to KES 37.55 and KES 11.55, respectively. StanChart and KCB prices, on the other hand, remained unchanged. Safaricom was the top traded counter on the day…
- The United Arab Emirates (UAE) Wind Program represents a significant milestone in the nation’s journey towards sustainable energy. Developed by Abu Dhabi Future Energy Company PJSC – Masdar, this 103.5 megawatt (MW) landmark project ushers in large-scale utility wind power onto the country’s…
- NCBA Bank will steer at least 30 percent of general service procurement spend to women and the youth in line with its push and commitment to empowering women and the youth within and without the country. Speaking during the Gender Mainstreaming Awards at Carnivore Grounds, Monicah Kihia, Group…
- In a world where the pursuit of renewable energy is paramount, the United Arab Emirates (UAE) has emerged as a trailblazer, making impressive strides in decarbonization. At the forefront of this transformation stands the UAE Wind Energy Program, a visionary initiative that not only strengthens the…
- Bharti Airtel Uganda has opened its anticipated Initial Public Offering (IPO). On sale are 8bn ordinary shares with a par value of UGX 1 each at an offer price of UGX 100 (KES 3.95) per share. The listing will be on the Main Investment Market Segment of the Uganda Securities Exchange (USE). The…
- In the labyrinth of entrepreneurship, where dreams of success dance like ethereal fireflies in the night, the path to prosperity is often veiled in shadows. The journey requires not just ambition but also wisdom, and the latter is best acquired through the pages of books. These seven literary…
- In the embrace of parenthood, a sacred duty unfurls like a timeless scroll—a covenant between generations. As parents, we are entrusted with the pivotal role of shaping young minds, molding them into compassionate, resilient, and wise individuals. Within this tapestry of guidance, 22 profound…
- Google unveiled the first cohort for its ‘Google for Startups Accelerator: AI First’ program. The 11 startups, picked from a vast pool of innovative talent, are using cutting-edge Artificial Intelligence to address both Africa’s challenges and broader global issues. The transformative power of AI…
- In the grand tapestry of education, an imperative emerges like a guiding star: Education must focus on instilling skills into our children, but not just any skills. The prevailing wisdom implores the youth to chase the fleeting allure of in-demand skills, a siren’s call echoing through the…
- Mastercard and Equity Bank Uganda signed a memorandum of understanding today aimed at improving financial inclusion for digitally excluded individuals, communities, and businesses in Uganda. Equity Bank intends to leverage Mastercard’s Community Pass solution to: Issue financial inclusion cards…
- LG Electronics (LG) is set to roll out the latest kitchen, laundry, and living solutions appliances that respond to the growing need to reduce power consumption, running costs, and environmental impact. The new appliances which include washers, dryers, dishwashers, ovens, refrigerators et cetera…
- Financial services firm, Zamara has called on stakeholders in social security to be more innovative and inclusive to enhance and deepen social security in the region. Zamara Group Chief Executive Officer, Sundeep Raichura said that to to remain more resilient and grow the coverage of social…
- On Wednesday, the Higher Education Loans Board, HELB started the disbursement of loans to continuing University students and TVET Institutions. In a statement issued by HELB Chief Executive Officer Charles Ringera, the upkeep loans for the more than 175,000 undergraduate and over 70,000 TVET…
- The East African region is always beaming with virgin opportunities that have often catapulted it among the top in the continent. Among the opportunities that the region prides itself on is financial inclusion. Although many in the region are still unbanked, technology is slowly making it a reality…
- Seven out of ten Dalberg partners from across Africa and the Middle East are now trading as Axum, an Afrocentric impact firm. Axum’s leadership brings over 100 years of experience establishing, building, and running successful advisory organizations across the world, including serving clients…
- As Kenya grapples with an alarming surge in phone theft cases, Xecure, a cutting-edge mobile phone security application, has emerged as a powerful tool designed to safeguard smartphones against theft. The rampant rise in phone theft incidents has prompted the development of Xecure, a comprehensive…
- Gabriel Muthuma is a renowned communication strategist with a multifaceted background in policy and governance. His expertise extends across a spectrum of domains, from global policy development and information and communications technology to strategic partnerships and relationship management. I…
- The first week of October has traditionally over the years been known as the week where most if not all companies give extra appreciation to customers. Let us dissect the origin and purpose of Customer Service Week. Customer Service Week is an international celebration of the importance of customer…
- President William Ruto has reshuffled the Cabinet. In a surprise announcement that has found many of his government unawares, Ruto has moved some of his CSs who were deemed arrogant and lazy to other ministries that are “less powerful.” Moses Kuria, one that Kenyans have been calling on President…
- The Kenya Association of Manufacturers (KAM) has today launched the 6th edition of the Changamka Shopping Festival set to take place in Nairobi at the Kenyatta International Conference Centre (KICC), with a focus on amplifying local manufacturing within the country. The festival, which will run…
- The Kenya Universities and Colleges Central Placement Service has announced the results of the second Kenya Medical Training College course application, KMTC. In an official announcement on Tuesday, October 3, KUCCPS stated that the applicants had already been informed of their results through SMS…
- In a world where financial success dances like a distant dream, the key to unraveling this cryptic realm is none other than financial literacy. Just like a majestic symphony, it plays a crucial role in the lives of individuals and entrepreneurs alike. Read Also: 10 Challenges Kenyan SMEs Face In…
- Stima Sacco, the largest Sacco in Kenya and the region has partnered with Nzoia Sugar FC where they donated full kits in line with its efforts to support the youth and talents across the country. The donations are set to give the team an easy time to play and grow. “Today, we celebrate the…
- The Stanbic Bank Kenya PMI slid back into negative territory at the end of the third quarter, as firms saw a sharp contraction in new orders following a brief respite in August. Elevated inflationary pressures and rising fuel bills acted to dampen client sales, whilst also leading to the second-…
- Netflix is terminating its free streaming plan in Kenya. The move will become effective starting November 1, 2023. Thousands of Kenyan subscribers have been enjoying the free service since 2021. Netflix hoped to use the free subscription to net pay subscribers. In a statement, Netflix said that…
- The Kenya Kwanza Government, through a Cabinet Dispatch chaired by President William Ruto, has rescinded the controversial nationalization of Telkom Kenya and directed the seller to refund the money to the national government with immediate effect. “By dint of this decision by Cabinet, Jamhuri/…
- Nothing hurts more than losing a phone. One often feels like their world has come to an end. One becomes confused, has nowhere to start, taken back to square zero. This is often because no one budgets to buy a phone to replace the one they have unless it is stolen. The first thing people […]
The…
- In today’s fast-paced business environment, competition is fierce. New players and disruptors are entering markets at an unprecedented rate. To remain competitive, effective, and relevant, organizations must be agile in adapting their customer experience to differentiate themselves; meet the ever-…
- Leading smart device brand OPPO is set to announce its latest addition to the popular A-series the OPPO A98, A78, and A58. The new range of series brings together cutting-edge technology, unparalleled style, and exceptional performance to consumers delivering “A Perfect Experience”. OPPO A78: The…
- Kenya Revenue Authority (KRA) has unveiled the online auction. The auction, which was previously a physical process, is part of KRA’s technological strategies aimed at streamlining tax administration procedures to enhance service delivery and improve revenue collection. The unveiling follows a…
- Microsoft is partnering with M-PESA Africa to support its Capability Development Academy. Microsoft will provide access to the Microsoft Community Platform and SME Skilling Programs to drive capacity building and digitization for Micro, Small, and Medium SMEs (MSMEs) across several African markets…
- Tatu City has teamed up with Equity Bank Kenya to offer financing solutions for property purchase and construction within Tatu City. Equity Bank Kenya will offer a comprehensive range of investment services tailored to meet the diverse needs of individuals and businesses in Tatu City. These…
- The Nairobi City Water and Sewerage Company has listed areas that will experience water shortage in Nairobi County. In a notice, the repair works will begin at 6:00 a.m. on Thursday, October 5, to Friday, October 6, 2023, at noon. Estates along Mombasa Road, Thika Road, Jogoo Road, Outer-Ring Road…
- Sarova Hotels & Resorts, Kenya’s leading indigenous hospitality group, has announced its latest addition to the Sarova family after signing a franchise agreement with Maiyan Luxury Resort located in Nanyuki, Laikipia County. Effective November 1, 2023, Maiyan Luxury Resort will be rebranded as…
- Moody’s Investors Service (Moody’s) has affirmed the East African Development Bank’s (EADB) Baa3 long-term issuer rating and maintained a stable outlook. The rating affirmation reflects the EADB’s strong capital position, offset by low development asset credit quality and a legacy of high non-…
- On Monday 2ndrd October, the Salaries and Remuneration Commission (SRC) announced that the six allowances had already ceased to be payable. Members of Parliament had threatened to dissolve the SRC in August 2022, after the committee proposed scrapping the Plenary Allowance for MPs and Members of…