18 May 2022
- According to the corporation, the fee is necessary to keep CDSC financially stable and to enable it to offer better and expanded services. Worryingly, only 61,000 of the 2.03 million share accounts at the CDSC have participated in trading over the past…
18 May 2022
- Pubs are the best place to watch your favorite weekday or weekend sport because of the surety of the HD quality picture, the immersive surround system experience, the crowd that keeps roaring, and the authenticity of the game the pub experience brings…
18 May 2022
- Increased demand for flexibility and convenience are the main factors driving the growth of Kenya’s digital payment solutions. Today, consumers want to make purchases for groceries and consumables and pay for utilities among other things, from the…
18 May 2022
- An estimated 10,000 Kenyan women entrepreneurs will this year benefit from a Women Empowerment Programme launched between Unilever’s Sunlight, Absa Bank Kenya, and the United Nations Institute of Training and Research (UNITAR). The campaign will empower…
18 May 2022
- British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has signed a US$ 100 million risk-sharing facility for supply chain finance with Citi, a global leader in trade and supply chain finance…
18 May 2022
- Public debt stock in Kenya grew to KSh 8.4 trillion as of the end of March from KSh 8.2 trillion in December; this is according to new data from the National
18 May 2022
- “Africa will benefit substantially from leapfrogging on the fourth industrial technologies, and cryptocurrency is one of them,” he stated.
18 May 2022
- AppZone, Sub-Saharan Africa’s payment infrastructure company, announced that the Central Bank of Nigeria has issued the organization an approval in principle to operate under the Switching and Processing license category. This will enable AppZone…
18 May 2022
- LinkedIn users in Kenya will now pay additional membership fees to access special features/services on the career-focused and jobs advertising social media platform.
18 May 2022
- Ethiopia’s Ministry of Finance, the Ethiopian Investment Holdings and FSD Africa have signed a cooperation agreement to establish the Ethiopian Securities Exchange (ESX). Once established, the ESX will become the 30th exchange on the continent. At least…
18 May 2022
- NAIROBI, Kenya, May 18 – The Bar Owners Association of Kenya has opposed the proposed plan to increase taxes on alcoholic drinks arguing that it will encourage the consumption of counterfeit alcohol and illicit brews. A proposal in the Finance Bill,…
18 May 2022
- Safaricom Chief Enterprise Business Officer Kris Senanu quits the telco to pursue other interests; he joined in June 2021, CEO Peter Ndegwa announces.
18 May 2022
- KISUMU, Kenya, May 18 -Smaller hotels in Kisumu and its environs have missed cashing out from the hotel business that is expected to boom during the Africities Summit that kicked off this week in the lakeside city. According to Robinson Anyal, the…
18 May 2022
- Ethiopia’s Ministry of Finance, the Ethiopian Investment Holdings and FSD Africa on Wednesday signed a cooperation agreement to establish the Ethiopian
18 May 2022
- Investors at the NSE are set to pay a new Ksh 100 monthly charge on stock market accounts that could see (CDSC) collect nearly Ksh 1.8 b a year.
18 May 2022
- NAIROBI, Kenya, May 18 – Google on Wednesday announced the completion of assigning Plus Codes (digital-physical addresses) to businesses and social amenities across Kisumu City, Mbale, Maseno, Majengo and Chavakali. The Plus Code addresses are now…
18 May 2022
- CNN’s Inside Africa explores South Africa’s world-renowned wine industry. In this week’s Inside Africa, CNN International explores South Africa’s world-renowned wine industry, which is undergoing a transformation where challenges are being met with…
18 May 2022
- It's been confirmed that TotalEnergies SE is now among the top international oil companies divesting their stakes from Nigeria's onshore oilfields.
18 May 2022
- Kenya Power and Lighting Company has appointed Geoffrey Waswa Muli as acting managing director, replacing Rosemary Oduor who has acted in that capacity since August, last year. Rosemary has been sent on leave in yet another shakeup at KPLC. Waswa will…
18 May 2022
- Listed agribusiness firm Kakuzi Plc shareholders have begun to enjoy the company’s diversification fruits even as plans to broaden revenue streams continue to be scaled up, Chairman Nicholas Ng’ang’a has said. Speaking at the 94th Kakuzi PLC Annual…
18 May 2022
- NAIROBI, Kenya, May 18 — Capital Group Ltd and the World Rally Championship (WRC) have signed an agreement to host the inaugural WRC Safari Rally Koroga Festival in June. The Safari Rally will coincide with the 30th Edition of the Koroga Festival. The…
18 May 2022
- Kenya Power has appointed Eng. Geoffrey Wasua Muli as the Acting Managing Director with effect from May 17, 2022. Eng. Muli will step into the shoes of Eng. Rosemary Oduor who was serving in an acting capacity. Eng. Oduor is proceeding on annual leave…
18 May 2022
- From tech leaders, innovators, and investors to activists, Rest of World (RoW)'s 100 Global Tech's Changemakers identified 100 people outside Silicon Valley whose efforts directly impact their countries and beyond.
18 May 2022
- Speaking at a press conference in Nairobi, the distributors also told MPs “it should not be business as usual” as they consider the Finance Bill in their last days before the House adjourns indefinitely ahead of the General Election.
18 May 2022
- StanChart Kenya recorded a Net Profit of KSh 2.8 billion at the end of March this year, compared to KSh 2.4 billion over a similar period last year, an
18 May 2022
- UK's inflation soared to a 40-year high of 9% in April as food and energy prices spiralled, official figures revealed Wednesday, escalating the country’s
18 May 2022
- Standard Chartered Bank Kenya Limited’s profit before tax grew 16 percent year-on-year from Ksh3.4 billion to Ksh3.9 billion with strong underlying business momentum. Profit after tax grew by the same margin, from Ksh2.4 billion in the first quarter of…
18 May 2022
- The Competition Tribunal found the firm guilty of publishing misleading advertisements, forcing buyers to change product specifications after receiving payments, and lengthy delays in completing refunds for customers with cancelled orders.
18 May 2022
- Superior Homes Kenya PLC has today launched a customer loyalty program that will see investors and customers earn loyalty points whenever they transact at any of the developer’s properties. Dubbed ‘SHK Zawadi’, the loyalty program is a first of its kind…
18 May 2022
- TOPLINE Pollution was responsible for more than 9 million deaths around the world in 2019, according to a study published in Lancet Planetary Health on Tuesday, equivalent to one in every six, a growing global problem researchers warn poses an “…
18 May 2022
- HARARE, Zimbabwe, May 18 -The Reserve Bank of Zimbabwe (RBZ) on Tuesday lifted the suspension on lending which was announced by President Emmerson Mnangagwa at the beginning of May but said companies being investigated for alleged financial misdemeanors…
18 May 2022
- HARARE, Zimbabwe, May 18 – The Zimbabwean government has resumed blending petrol with ethanol as part of a raft of measures aimed at reducing fuel prices and increasing the availability of the commodity. This comes amid uncertainty in fuel supply in the…
18 May 2022
- NAIROBI, KENYA, 17 May 2022 –UAP Old Mutual Group has rebranded to Old Mutual, the rebrand which has already taken place in Kenya and Rwanda and will later be followed by similar exercises in Uganda, South Sudan, and Tanzania which is expected to be…
18 May 2022
- British International Investment (BII) and U.S. bank Citigroup Inc have signed a $100 million risk-sharing facility aimed at boosting lending to small
