Absa Bank Kenya PLC has reported a profit after tax of Kshs. 14.7 billion for the third quarter ending September 30, 2024, reflecting a 20% increase compared to the same …
Business Watch Team
Business Watch Team
Business Watch is an online business portal that is set to marry both the traditional media and the digital media and bring them under one umbrella
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The Teachers Service Commission (TSC) is set to deploy PTE teachers in early 2025 to support learning in junior secondary schools (JSS) which will see its pioneer class joining grade …
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LG Electronics (LG) has garnered significant recognition for its cutting-edge smart life solutions at the CES® 2025 Innovation Awards, securing over 20 awards, including three prestigious Best of Innovation Awards. The CES …
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Equity Bank (K) Ltd is pleased to announce a reduction in interest rates on all new and existing Kenya Shilling-denominated credit facilities, following the recent decision by the Central Bank …
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The landscape of entertainment consumption has undergone significant transformation in today’s digital-first environment. With the continuous emergence of new models and avenues within the media and entertainment industry, particularly the …
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In a bid to address the growing need for financial literacy, Old Mutual Group successfully hosted a comprehensive financial education training program for journalists from various media houses in Kenya. …
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Microsoft has announced the launch of a new skilling initiative in Kenya, a groundbreaking program aimed at training 1 million people in AI and cybersecurity by 2027. This initiative is …
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Africa’s hospitality sector has long offered unparalleled experiences to travelers from abroad. This is particularly true for British and European holidaymakers. Almost 150,000 European tourists had visited South Africa by …
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Teacher Service Commission (TSC) is responsible for the recruitment, deployment, and management of teachers in public schools. The current TSC upgrading of teachers led to the scrapping of some job …
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The Charter for Change initiative in Kenya has ignited a strong call for the aid sector to pivot toward a localized approach, spotlighting the need for more community-centered solutions to …
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Teachers Service Commission, TSC, is set to promote a total of 1,208 primary deputy headteachers early next year to serve as headteachers in various regular and special needs education schools. …
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Keep It Cool, a pioneering Kenyan enterprise dedicated to sustainable innovation, has been named one of the five winners of the prestigious 2024 Earthshot Prize. This honor includes a £1 …
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Consumers today are inundated with options. Wherever they turn – their phones, newspapers, TV, and even roadsides – they see the same products from many different manufacturers. In a market …
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MultiChoice Group (MCG or The Group) continued to deliver exceptional video entertainment and execute core strategic initiatives during the first six months ended 30 September 2024 (1H FY25). However, unprecedented …
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According to a 2020 report by IFC and Google, Africa’s digital economy could be worth $180 billion by 2025. Connecting Africa looks at the initiatives and strategies e-commerce companies are …
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The Kenya Revenue Authority (KRA) is urging all taxpayers to update their phone numbers on the iTax platform, aiming to boost revenue collection and reduce tax evasion. This update process …
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Lifestyle
Empowering The Future Of Aid: Charter For Change Conference Opens With Renewed Calls For Localization
Today, the Charter for Change (C4C) kicked off a crucial two-day conference, bringing together a diverse network of local, national, and international NGOs to spark dialogue and chart new paths …
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The Social Health Authority (SHA) Board has sent acting CEO Elijah Wachira on a 90-day compulsory leave. According to the management, the move is to allow further investigation into his …
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LG Electronics (LG) recently concluded the 2024 Global IT Challenge (GITC) for Youth with Disabilities in Manila, Philippines, reinforcing its commitment to empowering young people with disabilities. Held from November 3-8, …
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UBA Kenya, in partnership with RealSources Africa, AfCFTA, Brand Kenya, and DHL, has unveiled the TradeConnect initiative—a groundbreaking effort across the continent aimed at accelerating intra-African trade. Spearheaded by RealSources …
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The Teachers Service Commission (TSC) is set to conduct promotion interviews for 2,419 shortlisted teachers between the Regional and County offices. According to TSC, shortlisted teachers will be interviewed to …
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In the fast-paced world of global commerce, warehousing plays a fundamental role in ensuring seamless movement of goods from manufacturers to consumers. It serves as the silent yet indispensable protagonist, …
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Saying that small and medium-sized enterprises (SMEs) are the backbone of economies in East Africa is an understatement. SMEs make up the largest part of all registered entities in nearly …
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Standard Chartered has reaffirmed its commitment to Africa’s economic transformation and fostering private sector engagement within the African Continental Free Trade Area (AfCFTA) by hosting a Treasury Leadership Forum themed …
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Sometimes paying for insurance premiums can be an uphill task. Most people might opt out along the way due to financial constraints. But not anymore after Jubilee Health Insurance launched …
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Kenya Power employees colluded with security guards and fuel tank drivers to steal over 1 million liters of diesel meant for off-grid sub-stations in Turkana County. According to Auditor-General Nancy …
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Kenya Revenue Authority (KRA) has surpassed its October 2024 revenue target after recording a 7.3% growth in revenue collection. KRA collected Kshs 210.429 Billion against a target of Kshs 203.469 …
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Health insurance can feel like a huge commitment, especially when premiums come in hefty lump sums. But what if you could spread out the payments, making it easier to handle …
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Liberty Kenya Holdings is pleased to announce the appointment of Rosalyn Mugoh as the Managing Director, of Heritage Insurance Company Kenya Limited. Rosalyn assumes her role with immediate effect, following …
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Bolt will commit Ksh 14 billion over three years to support raising awareness of the Bolt safety features and scaling preventative measures to help prevent safety cases before they happen. …
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Crown Paints Kenya PLC has reinforced its commitment to environmental sustainability by undertaking a large-scale mangrove planting project in the coastal town of Tsunza, Kwale County in partnership with the …
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Kenyan firms saw a renewed improvement in operating conditions at the start of the fourth quarter. Activity levels expanded amid a broad stabilization of new work, while employment increased for …
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Kenyans’ transaction value on M-Pesa rose by 10.7% in the first 6 months of 2024 reaching 20.85 trillion shillings. The number of one-month active customers grew by 4.1% to 33.46 …
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Britam has launched Female Wellness Cover (Malkia), an affordable solution tailored to meet the diverse health and wellness needs of women, offering both medical and non-medical benefits. With premiums starting …
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Carrefour in Kenya, has opened its 25th store at Runda Mall in Nairobi. The opening comes just one month after the launch of a store in Ruiru town, signaling the …
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Air France has unveiled new and more comfortable seats in its ‘Premium’ cabin, which seats between Business and Economy. Previously referred to as ‘Premium Economy’ the new Premium cabin on …
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Emirates, the world’s largest international airline, has opened its Emirates World store in Nairobi, Kenya, underscoring its commitment to deliver an elevated customer experience, alongside world-class products and services to …
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A dazzling showcase of advanced technology and construction innovation took center stage on November 6 in Nairobi, as nine leading Korean companies joined the Big 5 Construct Kenya Exhibition. The …
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Kenya Industrialization Conference, commemorating the African Industrialization Week, officially commenced at the Kenyatta International Convention Centre (KICC), uniting industry leaders, policymakers, innovators, and stakeholders committed to advancing Kenya and Africa’s …
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Teachers Service Commission (TSC) announced 20,000 vacancies for intern teachers in junior secondary schools. TSC recently completed the recruitment of at least 46,000 Junior Secondary School teachers on permanent terms. …
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Salesforce’s latest State of the AI Connected Customer research reveals consumer trust in companies is at a record low and that AI is raising the stakes for brands. Today, 60% …
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In a bid to strengthen the role of Africa’s sub-sovereign governments in driving intra-African trade and investment, and the successful implementation of the African Continental Free Trade Area (AfCFTA), African …
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Jubilee Health Insurance has introduced the “Lipa Pole Pole” initiative as a breath of fresh air. This innovation allows Kenyans to pay for health insurance in flexible installments, fitting seamlessly …
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CS, Ministry of Investments, Trade, and Industry, Salim Mvurya Mgala, has called on Kenyans to buy locally manufactured goods as it will go a long way in creating jobs and …
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Novotel, one of Accor’s flagship brands and a champion of balanced living, is proud to announce the opening of Novotel Nairobi Westlands, Kenya. Situated in the vibrant Westlands area, the …
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In an increasingly digital world, the importance of equipping Africa’s youth with digital skills simply cannot be overstated. It’s a much-quoted statistic that as the world’s youngest continent, Africa will …
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The fifth edition of Tusker Oktobafest concluded with an exhilarating finale, uniting beer enthusiasts across Kenya in a month-long celebration of Kenyan beer, music and culture. This year’s festival expanded …
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Governance
KRA Says The Planned Tracking Of Imported Phones’ IMEI Numbers Will Enhance Quality And Tax Compliance
Kenya Revenue Authority (KRA) has announced new regulations for all importers of mobile devices, which will take effect on January 1, 2025. Under these regulations, all importers are required to …
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The Kenya Association of Record Managers and Archivists (KARMA) launched its 8th Annual Conference, hosting over 400 leading professionals from across the African continent in Naivasha for the region’s most …
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Sophos, a global leader in innovative security solutions for defeating cyberattacks, today released “Pacific Rim,” a report detailing its defensive and counter-offensive operation over the last five years with multiple …
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Global technology company Epson [Seiko Epson Corporation, TSE: 6724, “Epson”] announced that cumulative global sales of its high-capacity ink tank printers have exceeded 100 million units. Originally launched in Indonesia in …
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Leading players in the construction and housing business have today endorsed the quality of LG’s Heating, Ventilation, and Air Conditioning (HVAC) systems in transforming their commercial and domestic properties. This …
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Being energy efficient and eco-friendly is now at the center of every mindful electronic manufacturer. As the world fast-moves towards embracing green, most appliances in the market today are striving …
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The aviation industry’s rapidly evolving needs came into sharp focus on Thursday as Jambojet hosted its inaugural Career Fair at Kenya Airways Pride Centre. The Jambojet Career Fair, themed The …
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Apprehensions related to fiscal policy changes and social unrest, most notably the June 2024 Finance Bill protests, have contributed to a slight dip in Kenya’s overall trade attractiveness according to …
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As the festive season draws near, Carrefour Kenya has rolled out its signature Black November campaign, a shopper’s paradise filled with jaw-dropping discounts of up to 50% on most items, …
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The Gertrude’s Children’s Hospital is seeking additional partners to support efforts aimed at expanding cancer screening capabilities, to ensure timely diagnosis of affected children. This appeal was a focal point …
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As part of Breast Cancer Awareness Month in October, Bolt hosted a specialized wellness workshop for its female drivers. The workshop focused on the importance of health awareness, early detection, …
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Linet Okemwa, a 26-year-old single mother of two who lives with a disability, runs a small homemade detergents business in Bahati Sub-County, Nakuru County, which supports her family. In October …
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Java House has officially opened three new branches as it heads to 100 branches across the region before the end of the first quarter in 2025. The new outlets fall …
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Standard Chartered Group PLC has announced its Q3 2024 results, highlighting a strong performance that reflects the success of its strategic focus on cross-border corporate, investment banking, and leading wealth …
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LG Electronics is stepping up the game with a service guaranteed to elevate customer satisfaction and build brand loyalty like never before. Introducing LG Premium Service—a revolutionary after-sales experience that …
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Psoriasis is one of the skin ailments that rarely receive attention, particularly in countries like Kenya, where it is not so prevalent. As a result, many of its victims end …
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Glovo, a leading multi-category app, has reached a significant milestone in its ongoing efforts to combat food insecurity. Through its Glovo Access initiative—a social impact program providing logistical and financial …
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ICP HUB Kenya and ICP HUB Turkey are happy to announce an exciting new partnership aimed at advancing Web3 development and promoting blockchain education across both regions. This collaboration represents …
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As we wind up the year, most of us start evaluating the progress of our goals set at the beginning of the year as resolutions and checking off our list …
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Spiro Kenya has just marked a major milestone with the opening of its 38th swapping station at Galana Ruaka, formerly the Delta Petrol Station. As the flagship location of the …
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Stanbic Bank Kenya and Mastercard have partnered to introduce two new world-class credit cards to the Bank’s affluent clients across the region. Categorized into the Stanbic World card and Stanbic …
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I&M Bank Kenya has reaffirmed its commitment to digital transformation and customer experience excellence by extending its strategic partnership with Backbase, the provider of the Engagement Banking Platform. The renewed …
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Jubilee Health Insurance, in collaboration with DTB (Diamond Trust Bank), has today unveiled a revolutionary innovation that will transform how health insurance premiums are paid. This first-of-its-kind solution in the …
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To mark its significant 40th anniversary, AAR Insurance has rolled out a nationwide tree-planting initiative, ‘40,000 Trees to Mark AAR@40’. This initiative, part of the broader ‘A Tree a Life’ …
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Samsung Electronics East Africa has today launched of Galaxy S24 FE, the latest addition to the Galaxy AI ecosystem that delivers premium mobile experiences to more users at an attainable …
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Kenya’s capacity to deal with cardiovascular diseases has been enhanced with the opening of a 176-bed facility dedicated to specialized heart and lung care in Kenya and the region while …
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Epson Middle East FZCO [EME] has announced the promotion of four female leaders to senior management roles within its META-CW Asia operating region. Covering key markets across the Middle East, …
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Global leading smart device brand OPPO has achieved a significant breakthrough by becoming the first company to implement the Mixture of Experts (MoE) architecture on-device. This milestone enhances AI processing …
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Leading consumer electronics brands are transforming their strategies to stand out in a competitive landscape by leveraging innovation, personalization, and sustainability. At the forefront of this transformation is the integration …
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Samsung Electronics, recently held its annual Samsung Developer Conference (SDC) at the San Jose McEnery Convention Center to celebrate a decade of collaboration and innovation with developers as the firm shared its vision for providing …
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Over 700 students and teachers at Thogoto Model Primary School in Kenya’s Kiambu County will benefit from fresh vegetables and fruits plucked from their new kitchen garden and orchard, established with the …
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The partnership between Stanbic Bank, NBA Africa, and the Luol Deng Foundation, exemplified by the Stanbic Jr. NBA League, has made a significant impact on South Sudan, both in sports …
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LG Electronics has an innovative After-Sales Services that enhance satisfaction and solidifying brand loyalty. At the heart of this is the LG Premium Service, a stellar offering that promises more …
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LG Electronics (LG) East Africa has announced an exclusive Black Friday campaign that will see customers get special discounts across a wide range of select home appliances and entertainment products. …
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BasiGo, the leading provider of electric bus solutions in sub-Saharan Africa, has today announced the successful closing of US$42 million in new capital. The funding round consists of US$24 million …
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October marks Breast Cancer Awareness Month, a time dedicated to raising awareness, offering support, and championing the fight against a disease that affects millions globally. Breast cancer is one of …
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When thinking about industries that cybercriminals might target, tertiary education probably isn’t the first to come to mind. But according to the latest edition of Microsoft’s Cyber Signals report, education …
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Information Technology, Education, and Research are the leading sectors most prone to cyber-attacks this year. The conclusion is contained in the recently released 2024 Digital Defense Report by Microsoft which …
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The digital landscape in Africa is under siege, with organizations facing an average of 2,960 cyberattacks every week. It’s a staggering number – and it’s growing rapidly every year. According …
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Sophos and Secureworks® [NASDAQ: SCWX], two global leaders of innovative security solutions for defeating cyberattacks, today announced a definitive agreement for Sophos to acquire Secureworks. The all-cash transaction is valued …
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For the third consecutive year, Kenya Airways (KQ) has once again solidified its reputation as a world-class airline, clinching top honors at the prestigious World Travel Awards 2024. This recognition …
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Empowering communities sustainably lies at the heart of Mukutan Conservancy’s mission. In a significant stride toward this goal, Mukutan has raised over KES 40 million for the community through its …
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The latest GSMA report, Driving Digital Transformation of the Economy in Kenya, projects that Kenya’s digital economy will contribute KSH 662 billion to GDP by 2028. This growth, driven by strategic policy reforms, …
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The African School of Governance Foundation (ASGF) announced the establishment of the African School of Governance (ASG) graduate institution designed to offer world-class public policy education, research, and engagement programs. …
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Kenya Wine Agencies Limited (KWAL) has launched Kibao Gin, targeting young adults willing to experiment with different spirits, cocktails, and high-quality alcoholic beverages. The leading alcohol manufacturer aims to capture …
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Jambojet has been awarded Leading Low-Cost Airline in Africa-2024, marking an impressive third consecutive year of recognition by the prestigious World Travel Awards. Speaking during the award ceremony on Friday …
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I am a proud Nigerian and a proud African. I am also a philanthropist and entrepreneur—and I have seen firsthand that to effectively tackle climate change within the African context, …
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As the world shifts toward greener alternatives, the electric vehicle (EV) industry stands at the forefront of this transformation, and Spiro Kenya is driving the change right here at home. …
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Lifestyle
Spiro Kenya’s Electric Bikes Anchored On Power, Speed, And Silence That Is Revolutionizing Mobility
Imagine zipping through Nairobi’s bustling streets, effortlessly overtaking traffic jams while basking in the silence of an electric engine. This is not a vision of the future; it’s the present-day …
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Prism Network Solutions LLC, a dynamic Black-Owned Veteran-Owned Small Business (VOSB), is making waves with its imminent expansion into Kenya, bringing its wealth of expertise and innovative IT solutions to …
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The importance of staying cyber-safe cannot be overstated. As Kenya continues to embrace technological advancements, the need for robust cybersecurity measures grows ever more urgent. It is because of this …
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Governance
KRA Sets The Record Straight On The Alleged Loss Of Ksh 62 Billion In Taxes On Palm Oil Importation Scandal
The Kenya Revenue Authority (KRA) has affirmed that the country did not lose any tax revenue through the importation of palm oil by Louis Dreyfus Company (K) Ltd. between 2023 …
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Renowned local restaurant chain Café Deli has officially relaunched its Ngong Road branch as its dynamic hub offering unique culinary experiences. This expansion is a significant milestone for Nanjala Ltd, …