04 July 2022
- LG Electronics East Africa has today handed over 21 products worth Ksh. 4 million to social impact institutions in Laikipia County set to benefit thousands of residents in the Olmoran and Rumuruti areas. This comes four months after LG in partnerships…
04 July 2022
- The details emerged in a letter from BCLB Chairman Cyrus Maina addressed to legal representatives of Safaricom and Airtel. Most betting firms receive deposits via Safaricom's M-Pesa and Airtel's Airtel Money, and the board works with telcos to shut…
04 July 2022
- Faulu Microfinance Bank kicked off countrywide Business Community Engagements aimed at supporting SMEs to build resilience in their businesses through access to financing from the bank. This comes on the backdrop of the bank reviewing its Trade Finance…
04 July 2022
- If you’ve found yourself worrying about money lately, you are definitely not alone. Money anxiety, also called financial anxiety, has become more common than ever, especially with the rising rates of inflation across the world.
04 July 2022
- Over 33,000 women in Lamu have benefited from maternal health interventions by Safaricom Foundation, the County Government, and PharmAccess. The maternal, neonatal and child health program reduced the delay in access to care by linking over 11,900…
04 July 2022
- Safaricom (NSE: SCOM) has announced a KES 1.5 million sponsorship towards the D.O.P.E Campus Tour that has been organised by leading record label turned creative arts company, Sol Generation. The 7-leg tour, which is delivered in partnership with Trace…
04 July 2022
- Singapore-based crypto lending and trading platform Vauld said on Monday it would suspend withdrawals and trading and seek new investors.
04 July 2022
- The weekly Mombasa Tea Auction held on 27th, 28th, and 29th June 2022 had 13 million kilograms of tea offered for sale. The amount on offer decreased from
04 July 2022
- Teachers Service Commission, TSC and the Kenya National Union of Teachers (KNUT) are working to reach an agreement by the end of July by examining the non-monetary Collective Bargaining Agreement (CBA) to create room for compensation increases. Kenya…
04 July 2022
- The Board of Airtel Networks Kenya Limited has appointed Mr Louis Onyango Otieno as Chairman and Mr Ashish Malhotra as Managing Director, to steer the firm’s next phase of growth. The new chairman brings over 30 years of extensive leadership experience…
04 July 2022
- Nairobi, July 2022: Bolt has opened its Africa Head Office in Nairobi to leverage the city’s strategic position to serve as a regional hub for its operations in Africa. The office which is located in Riverside Drive will act as the regional nerve…
04 July 2022
- High demand has seen coffee prices jump by $83 (9,711 shillings) in the latest sale, to a high of $265 (31,000 shillings) from $182 (21,294 shillings) recorded in the last sale to the end of the main crop season. “There was high demand for coffee…
04 July 2022
- Kenyans vote every five years to elect leaders who will hold various constitutional offices as representatives of the people for a term. With a history of regressing in our successes in political magnanimity, brotherhood, and nationhood whenever the…
04 July 2022
- Over the last two decades, gold prices have remained relatively stable as other investments suffer extreme losses. For this reason, there’s been an increase in the number of people who invest in gold. It’s the first thing that comes to mind when they…
04 July 2022
- The State has adopted a new law in the finance act 2022 allowing it to use half of the proceeds of a tax on fuel imports to secure loans for the maintenance,
04 July 2022
- The Board of Directors of Mi Vida Homes has announced the appointment of Samuel Kariuki as the Chief Executive Officer for Mi Vida Homes effective June 1, 2022. Kariuki joins Mi Vida Homes from Centum Real Estate Limited, where he was the Managing…
04 July 2022
- The high cost of land and the rising cost of building materials could derail efforts to speed up the development of affordable housing across the globe, pan African housing development financier, shelter Afrique has warned. Speaking on Delivering …
04 July 2022
- NAIROBI,Kenya, July 4 – The construction of the electricity interconnectors linking Kenya’s transmission lines to the Ethiopian and Tanzanian national electricity grids will be completed in 2022, a government official said on Friday. Antony Wamukota,…
04 July 2022
- NAIROBI, Kenya, July 4 – Kenya’s export earnings in the first quarter amounted to 208.8 billion shillings (about 1.77 billion U.S. dollars), representing a growth of 8.7 percent compared to the same period in 2021, the government statistics agency…
04 July 2022
- KRA has excluded Kenyans with personal and economic interests abroad from the mandatory payment of local tax even if they stayed in the country for an entire
04 July 2022
- TOPLINE Monkeypox infections could be flying under the radar as symptoms differ from what doctors have seen in the past, according to a study published Friday in Lancet Infectious Diseases, as public health officials in Europe and North America…
04 July 2022
- HMD Global, the home of Nokia phones, today announces a new addition to the premium and ultra-affordable C-series family – Nokia C21 Plus. The new smartphone not only looks good but maintains the robust build quality and long-lasting battery…
04 July 2022
- Radisson RED V & A Waterfront is proud to announce the launch of their latest collaboration with local clothing brand Y?Gen Apparel. The Radisson RED team pride themselves on their brand pillars, Music Art and Fashion and this new collaboration…
04 July 2022
- NAIROBI, Kenya, July 40- Kenya’s imports from South Africa more than doubled in the first three months of 2022 after rising by 64 percent to Sh 17.7 billion from Shs10.8 billion reported during a similar period in 2021. Data from the Kenya National…
04 July 2022
- The average inflation rate increased to 6.3 percent in H1’2022, compared to 5.9 percent in H1’2021, attributable to 13.8 and 7.1 percent year-on-year increases in food and oil prices, respectively, in H1’2022. Notably, the price of super petrol, diesel…
04 July 2022
- Somalia said on Sunday it had awarded licences to two foreign banks as the troubled Horn of Africa nation opens up the industry to international lenders.
04 July 2022
- The high cost of land and the rising cost of building materials could derail efforts to speed up the development of affordable housing across the globe, pan African housing development financier, shelter Afrique has warned. Speaking on Delivering …
04 July 2022
- The Central Bank of Kenya(CBK) received bids amounting to KSh 8.9 billion at the Weekly Treasury Bills Auction, an undersubscription of 37.14%, with amounts
04 July 2022
- Tesla Inc. said on Saturday the company's production in June was the highest in Tesla's history, although it fell 15.3% to 258,580 vehicles from the first
04 July 2022
- bitcoinblack, a VIP crypto credit card exclusive to 10,000 members globally, is now available in the United Arab Emirates. Secured by the holder’s crypto, the card is billed as a gateway to a world of luxury goods and services and one-of-a-kind members…
04 July 2022
- Almost all Sub-Saharan currencies have continued to depreciate against the US Dollar. The continued depreciation of the currencies in Sub-Saharan Africa is attributable to the increased inflationary pressures in many countries in the region given the…
04 July 2022
- USAID will arrange a $30 million package which will in part help Zambia boost food exports to two east African countries suffering from surging prices due to
04 July 2022
- The website was among startups funded by accelerator 88MPH in 2011. The 88MPH website discloses that it received $25,000 in initial funding.
04 July 2022
- In Nandi, green maize traders flock to the region, ferrying the produce with pick-ups and trucks. The high cost of living has forced farmers to sell green maize to cater for basic commodities.
04 July 2022
- The Kenya Women in Insurance Association has been launched with the aim of creating a platform to promote the representation of women in the insurance
04 July 2022
- According to the World Bank, the Sub-Saharan economy is projected to grow at 3.7 percent in 2022, which is significantly lower than the 4.2 percent growth estimates recorded in 2021. The expected slowdown in the region’s growth will be driven by…
04 July 2022
- Kenya has witnessed an increase in cyberattacks than ever before. A day does not pass without someone’s phone being hacked, data stolen, and cash stolen from both their bank accounts and mobile money wallets. Cases were more rampant in June. In most…
04 July 2022
- The African Continental Free Trade Area (AfCFTA) has the potential to bring significant economic and social gains for the continent and lead to higher
04 July 2022
- The idea to privatise key services at the Port of Mombasa has sparked outrage, with Deputy President William Ruto's Kenya Kwanza alliance calling for its suspension.
