01 February 2023
- Equity Group CEO James Mwangi said they are willing to enter into discussions on restructuring with the 3700 Spire Bank customers who have loans, to allow them to settle their dues and retain their securities.
01 February 2023
- NAIROBI, Kenya, Feb 1 – The Kenya Association of Manufacturers (KAM) has opposed the proposed increment of the current market prices on excise stamps saying it will have a negative impact on consumers and manufacturers. According to Rajan Shah, the…
01 February 2023
- NAIROBI, Kenya, Feb 1 — MyCredit Limited, a non-bank financial service Institution licensed as a Digital Credit Provider by the Central Bank of Kenya, has received a funding deal worth Sh325 million from OikoCredit for onward lending. The funding…
01 February 2023
- NAIROBI Kenya, Feb 1 – Following the advent of the online-party planning platform dubbed “The Bar Soiree” by the East Africa Breweries Limited (EABL), there has been a rise in the number of customers hosting parties. Demand has been high during…
01 February 2023
- NAIROBI, Kenya, Feb 1 – Fulfillment logistics enabler Sendy has introduced a new feature that allows customers to pay for goods after deliveries. The start-up says customers will from now be able to inspect their packages before making payments,…
01 February 2023
- Yanga and SportPesa Tanzania in July 2022 signed a three-year sponsorship deal worth Ksh639 million - equivalent to around Ksh213 million a season.
01 February 2023
- PARIS, France, Feb 1 – German investment fund Mutares said Wednesday it had acquired French bike-maker Peugeot Motocycles, with the current owner, Indian group Mahindra, retaining a minority stake. Mahindra had in late 2019 purchased the 49 percent…
01 February 2023
- Kenyan motorists are set to pay traffic congestion charges and companies hit with a new tax for every tonne of carbon emitted from their plants if a new tax proposal by the National Treasury sails through. The Treasury disclosed plans for the daily…
01 February 2023
- KARACHI, Pakistan, Feb 1 – Inflation has risen to a 48-year high in crisis-hit Pakistan, where the International Monetary Fund is visiting for urgent talks, according to data released on Wednesday by the country’s statistics bureau. Inflation in…
01 February 2023
- So, your romantic life is going perfectly well. You and your partner have a beautiful relationship. Butterflies are everywhere. The days are brighter than before. Finally, it looks like you have found - THE ONE.
01 February 2023
- NAIROBI, Kenya, Feb 1 – The National Treasury is looking for a new Director General (DG) for the Public Investment & Portfolio. In an advertisement, the Public Service Commission (PSC) invited members of the public to submit their applications…
01 February 2023
- NAIROBI, Kenya, Feb 1 – Vehicle financing company MOGO has rolled out a financial literacy tool to teach Kenyans on personal budget planning. MOGO Manager Domas Mineikis said the solution will let them make informed financial decisions. Users will…
01 February 2023
- In recent months, a battle has been simmering in Mugithi and debates raging, as older artists demand their fair share of compensation for the numerous Mugithi hits today that are essentially cover versions of much older songs.
01 February 2023
- Safaricom has effected a raft of changes in its top management level positions coming hot on the heels of the election of a new board chairman.
01 February 2023
- According to HassConsult, house prices dropped by the biggest margin in the quarter to December in over four years amid an oversupply of homes and costly bank loans. The price of an average house within the city fell 2.2 percent during the period,…
01 February 2023
- Kenya Association of Manufacturers (KAM) has protested the proposed Excise Duty regulations that seek to increase the rates of excise stamps for bottled water, juices, and any other non-alcoholic drinks, cosmetics, alcoholic beverages, tobacco, and…
01 February 2023
- NAIROBI, Kenya, Feb 2 – Middle East Energy is set to make its anticipated return to Dubai World Trade Centre for the 48th edition of its annual energy event on March 7-9 which will be centered on energy transition conversations across the globe.…
01 February 2023
- NAIROBI, Kenya, Feb 2 – Online subscription video on demand service Showmax subscribers will enjoy an extra month of viewing their favorite programs through a new campaign. From February 1 2023, subscribers who pay for one month of Showmax will…
01 February 2023
- Safaricom CEO Peter Ndegwa on Wednesday, February 1 announced several new appointments at the company, including a new Chief Financial Services Officer, Marketing Director and Director – Public Sector Digital Transformation to support the…
01 February 2023
- Safaricom has appointed Esther Masese Waititu as Chief Financial Services Officer effective 21st February 2023. Reporting to the Chief Executive Officer, Esther will be responsible for providing strategic leadership and oversight to Safaricom’s…
01 February 2023
- By Catherine Muraga NAIROBI, Kenya, Feb 1 – Since the pandemic struck in 2020, our reliance on technology has increased dramatically. With all the optimism that comes with the start of a new year, 2023 is expected to continue the same path as the…
01 February 2023
- There is confusion in many parts of the country as Competency-Based Curriculum (CBC) began joining Junior Secondary Schools (JSS) on January 30th January 2023. The first group of Grade 7 students under CBC reported to school on the same day, after…
01 February 2023
- For a long time now, cervical cancer has been one of the most lethal non-communicable diseases among women. Despite the many interventions that have been put in place by the Ministry of Health and other stakeholders to contain it, studies and…
01 February 2023
- TOPLINE Sportswear brand Nike and luxury jewelry brand Tiffany & Co. announced on Tuesday a collaboration on several products, including a pair of sneakers and silver shoe accessories which cost hundreds of dollars. KEY FACTS The core of the…
01 February 2023
- Power management company Eaton has begun integrating Tripp Lite partners in Eastern Africa to the larger family & increase consumer access to a vastly expanded product portfolio, with further developed capabilities to support distributed IT and…
01 February 2023
- HMD Global has announced the second Nokia tablet, Nokia T10, joining its in-demand tablet range. Engineered to last longer through a combination of signature durability, frequent security updates, and guaranteed Android software upgrades, with…
01 February 2023
- NAIROBI, Kenya, Feb 1 – The number of retail investors participating in Unit Trusts has risen significantly over the past decade driven mainly by the use of technology that has seen market players attract more clients, a new report shows.…
01 February 2023
- The Kenya Railways has phased out the use of cash in paying for tickets at all the Madaraka Express stations, starting today. The Kenya Railways management says that going forward the only acceptable payment modes would be mobile wallets or credit…
01 February 2023
- ITEN, Kenya, Feb 1 – The UK government will construct a Sh2.3 billion irish and sweet potato factory in Iten, Elgeyo County. The facility, with a processing capacity of 60,000 tonnes, was launched yesterday by the British high commissioner to Kenya…
01 February 2023
- NEW YORK, United States, Jan 31 – ExxonMobil reported record annual profits of $55.7 billion in 2022 on Tuesday, reflecting higher commodity prices amid recovering demand and the impacts of Russia’s invasion of Ukraine. In the fourth quarter,…
01 February 2023
- PARIS, France, Jan 1 – The electrification of the auto industry is gathering pace, particularly in Europe, where the sale of new cars running on petrol and diesel will end in 2035. But challenges remain around their production, affordability and…
01 February 2023
- NAIROBI, Kenya, Jan, 31 – Land prices in Nairobi’s satellite town increased the highest in quarter-four of last year on the back of rising demand for land that slowed down at the peak of Covid. Data by realtor HassConsult shows that Ngong, Athi…
01 February 2023
- Dossa shares with Enterprise the secrets of running a top bus company for the last 20 years, trends in long-distance travel and the structures he's set if he retires.
01 February 2023
- For the next 12 months effective January 2023, De La Rue said it has suspended banknote printing operations in Kenya on reduced demand.
01 February 2023
- Projects undertaken with funding from foreign governments also often enjoy tax exemptions under Kenyan law in a practice that is aimed at encouraging aid inflows.
01 February 2023
- As of mid-November 2022, some 63 startups had raised funding with the country's total for the year standing at Sh60.7 billion ($506.6 million).