30 May 2022
- NAIROBI, Kenya May 30- Kenya’s national carrier, Kenya Airways (KQ) has announced that it will implement an exclusively cashless system effective June 1 2022 at the Moi International Airport (Mombasa) and the Kisumu International Airport. The…
30 May 2022
- According to the Fresh Produce Consortium Kenya, Kenya has a huge potential in farming and exporting avocados and bananas. The consortium says a lot still needs to be done to equip Kenyan farmers with skills so that they can compete with the global…
30 May 2022
- NAIROBI, Kenya May 30-The Central Bank of Kenya (CBK) has raised the base lending rate to 7.50 per cent citing elevated inflation risks due to increased global commodity prices and supply chain disruptions. The apex bank has retained the rate at 7 per…
30 May 2022
- The increasing maturity of the fintech ecosystem in Africa is impressive. Start-ups are now building out innovative solutions that have real market fit, achieve quick adoption and scale across the continent. Therefore, whether as an entrepreneur,…
30 May 2022
- The Eldoret Rally went down last weekend, flag-off was outside Rupa Mall on Saturday, May 28 at 6:30 am. The Rally was organized by the East African Safari Rally. It was the fourth round of the Kenya National Rally Championship (KNRC), with four…
30 May 2022
- A compassionate approach to the financial needs of persons with disabilities, supported by innovative technology solutions, has the potential to address the needs of the most vulnerable members of society across the Middle East and Africa, according to…
30 May 2022
- 50 women living with fistula-related complications in Tharaka Nithi County will receive free surgeries and medical advice at a week-long free Fistula Camp at Chuka County Referral Hospital. This camp is in celebration of International Day to End…
30 May 2022
- By Sa Nyoung Kim Global warming and climate change have contributed to a green consumer revolution whereby more people are buying goods they consider less harmful to the environment, while also promoting healthy lifestyles. As such, more consumers…
30 May 2022
- Metro Trans Limited, a public transport company has today received a fleet of 80 buses from Simba Corporation Limited in a purchase arrangement that has been financed by the National Bank of Kenya (NBK) through the Asset Based Finance Product. The NBK…
30 May 2022
- Loss of income refers to a situation in which one is deprived of the ability to make money, and can no longer cater to their expenses and pay bills. Loss of income can happen to anyone, prepared or not. But the devastating effects that may follow do not…
30 May 2022
- The Government of the Netherlands and Kenya Flower Council have signed a Framework of Cooperation on the adoption of sea freight for perishables in Kenya. The Ambassador of the Embassy of the Kingdom of the Netherlands, Mr Maarten Brouwer and the…
30 May 2022
- NAIROBI, Kenya May 30- Listed non-bank financial services firm Sanlam Kenya narrowed its loss to Sh542 million in 2021 compared to a loss of Sh626million in 2020 majorly on account of increased premium income. The firm has been undertaking revenue…
30 May 2022
- Kenya’s teens and pre-teens are one of the most vulnerable population segments that are prone to abuse by cybercriminals. Akili Network, a Kenyan edutainment firm, has taken initiative to reduce their exposure by speaking to teens aged between 10 and 19…
30 May 2022
- Starting to save as soon as now is one of the best things you can do for yourself. You have to start saving money for yourself. "Why?" you may ask. Well, saving helps you prepare for both the unexpected and the expected. Talk about emergencies,…
30 May 2022
- The cost of wheat and wheat products, which account for almost one-third of the average national cereal consumption in the African region, has drastically shot up by about 25 percent from 2021 hitting the 200 shillings mark for the first time since 2018…
30 May 2022
- Did you know that six out of ten bank customers prefer Mobile Banking? This is according to a survey by the Kenya Bankers Association released in February 2022. The survey also indicated that another two out of 10 prefer Internet/ Online Banking. …
30 May 2022
- NAIROBI, Kenya, May 30-The Council of Governors says the National Treasury is yet to disburse 23 percent of revenue to counties for the financial year 2021/ 2022, with total arrears owed to counties standing at Sh83.4 billion. The Council’s Health…
30 May 2022
- Now in its fourth year, the “Africa’s Business Heroes” (ABH) grant spotlights the most talented entrepreneurs and small businesses from across the continent. We look at some of the recent successes of the ABH heroes and how they are reshaping…
30 May 2022
- NAIROBI, Kenya May 30-Innovative technology solutions have the potential to address the financial needs of people living with disabilities(PWDs) across the Middle East and Africa, according to the latest white paper from Mastercard. The study, Bridging…
30 May 2022
- It will be a big boost for avocado farmers in Kenya as the country plans to start exporting to India and China as it seeks to expand its reach beyond the traditional market. Avocado Society of Kenya (ASK) CEO Muthomi Ernest revealed that the government…
30 May 2022
- Paris, France, May 27, 2022 – The 2022 edition of the AFRICA CEO FORUM, the largest annual event dedicated to private sector development in Africa, will be held on June 13-14, 2022, in Abidjan, Côte d’Ivoire. At a time when the world is recovering and…
30 May 2022
- NAIROBI, Kenya May 30-The East African Breweries Plc (EABL) has commissioned the construction of a Sh1billion microbrewery that will serve as an innovation center for alcoholic and non-alcoholic beverages. The facility next to the Tusker brewery in…
30 May 2022
- QA Venue Solutions Rwanda has signed the biggest arena naming rights deal on the African continent with BK Group, a holding company with four subsidiaries: Bank of Kigali Plc, BK General Insurance, BK TecHouse, and BK Capital Ltd. The agreement, worth…
30 May 2022
- Last week, the Finance and National Planning Committee in the National Assembly rejected the punitive proposed taxes on maize flour, wheat flour, cooking gas, beer, wines, and spirits. For once, the MPs stood with the people. With the common man. If the…
30 May 2022
- East African Breweries Plc (EABL) has today commissioned the construction of a microbrewery at Ruaraka, Nairobi, that will serve as an innovation center for alcoholic and non-alcoholic beverages. The facility next to the Tusker brewery is projected to…
30 May 2022
- Asante Financial Services Group has been named the “Neobank Rising Star – East Africa” by the recently concluded Africa Bank 4.0 Awards. The Group received recognition under the category of Banking and Leadership Awards in a ceremony on Thursday, 26 May…
30 May 2022
- Shnaghai, China May 30-With the COVID situation easing in Shanghai, some shopping malls in the city center have re-opened. One of them is the Bund Finance Center in the city’s Huangpu District, right along the iconic Bund area. The shopping mall re-…
30 May 2022
- Moscow, Russia May 30-Russian subscribers have lost access to streaming giant Netflix in the latest pullout of a Western company over the conflict in Ukraine. The Netflix site and apps were no longer available from Friday and a Netflix spokesperson…
30 May 2022
- The US government is looking beyond a delayed trade deal with Kenya to expand commercial ties between the two countries amid Nairobi’s mounting frustration
30 May 2022
- Some people often decide to venture into entrepreneurship with a clear vision of what they want to achieve and the right path to use to make their dream come true. However, some new entrepreneurs find it challenging to figure out the most profitable…
30 May 2022
- Obinna Ukwuani is the chief digital officer at the Bank of Kigali (BoK). The man has all it takes to be called a tech wizard with the skills that make him to fit in any part of the world due to demand. As a graduate of the Massachusetts Institute of…
30 May 2022
- Ayoken has launched its own NFT Marketplace after raising $1.4 million in its pre-seed funding round. Ayoken is the first platform for buying exclusive
30 May 2022
- The Democratic Republic of Congo (DRC) has accused Rwanda of supporting the resurgence of M23 rebels, a development that has renewed long-standing tensions between the neighbouring countries.
30 May 2022
- Manufacturers and distributors can leverage Cloud ERP to revolutionize the way they do business and manage disruption as the impact of the global pandemic, regional instabilities, and natural disasters continues to cause supply chain volatility. Supply…
30 May 2022
- If you’re uncomfortable with the stock market volatility but still desire good returns in your investments, government bonds make an intelligent addition to your portfolio. The buzz around infrastructure bonds continues this month with the National…
30 May 2022
- On Multi Commodity Exchange Market, gold futures today rose 0.12 percent to 76,752.78 shillings per 10 grams. Spot gold was up 0.2 percent in global markets at 216,595.20 shillings, supported by a weakening US Dollar. A weaker dollar makes bullion more…
