Saccos, or savings and credit cooperative organizations, are becoming increasingly popular investment options for many individuals looking for a secure and profitable place to put their money. A Sacco is …
With the Middle East Energy Exhibition and Conference set to host 20,000 visitors and 800+ international exhibitors representing 170 countries, key players in Kenya’s energy industry will be following keenly …
The Nairobi Global Trade Centre (GTC), the region’s most anticipated premier lifestyle and business destination, has reached a development milestone – the Executive Residences are now ready for occupation. Alongside, …
A lot has changed at Twitter since billionaire Elon Musk bought it. Twitter has never been the same since, changed for the better though. In an effort to promote “freedom …
Digital insurance platform mTek has partnered with digital informal retail aggregator Kyosk.app and Fin, a focused fintech platform to provide insurance covers to over 100,000 Kenyan Dukas. Despite employing over …
Bill & Melinda Gates Foundation CEO Mark Suzman announced the foundation will spend US$8.3 billion this year to continue its work fighting poverty, disease, and inequity. He also shared examples …
LG Electronics has rolled out its 2023 blueprint aimed at creating innovation for a better life and ensuring a sustainable future for all. Running under the slogan Life’s Good, the …
Suppose you have made the wise decision of saving and investing for your future. Where would you put your money? In a Co-operative Society or a Savings and Credit Co-operative …
A letter of credit, or a credit letter, is a document from a bank guaranteeing that a buyer’s payment to a seller will be received on time and for the …
The renowned Precious Blood Secondary School, the weatherman’s headquarters, and a popular nyama choma belt come top of mind when one thinks of Riruta and the wider Dagoretti node of …
Superior Homes have launched a 100-acre luxury project within Swara Plains Conservancy in Machakos County that will comprise high-end residential houses and serviced plots. Dubbed ‘Lukenya Wildlife Estate’, the project …
Starting and growing a business is not an easy journey. It’s a journey that requires a lot of commitment, knowledge, and resources. The journey may feel more daunting especially when …
Every year, people around the world face the devastating impacts of conflicts, diseases, disasters, and climate change that force them to consider migrating to a new country. According to the …
Old Mutual Kenya Insurance Agent Anthony Karume has been declared and awarded as the overall and best Intermediary of the year walking away with a brand-new car, a VW Polo. …
Binance, the world’s leading crypto and blockchain infrastructure provider, with an ecosystem featuring an unmatched portfolio of crypto products, sees continued growth across Africa, making it one of the fastest-growing …
Crypto exchanges have become the heart of the crypto ecosystem, they have succeeded in creating a network where millions of people can participate and reap the perks of financial inclusion. …
Sarova Hotels & Resorts Kenya has announced operations of its latest hotel management acquisition, Sarova Imperial Kisumu, on December 1st, 2022. This addition is the 8th hotel under the group’s …
Lipa Later Group has acquired SkyGarden in a move that re-energizes their commitment to bridging the gap between the merchant and a customer with more empowerment between both parties, merchant …
Once a city is established, its physical structure and land use patterns may change for several generations, which can result in either controlled or uncontrolled sprawl. There will be 1.2 …
Pension Fund Trustees and stakeholders of the Pensions Industry have been urged to further enhance and improve the retirement benefits framework in the country in a bid to woo both …
Children are a blessing, so they say. But they can be quite stressful if you do not plan for both their future and their present. There is no pride in …
The overall Chief Executive Officer (CEO) of UBA Group, a Pan-African financial services group with a presence in 20 African countries, Oliver Alawuba, is set to visit Kenya this Wednesday …
Africa’s Energy Week held in Cape Town, South Africa, brought together various leaders to discuss the issue of energy poverty and the transition to renewable energy in the continent. According …
The Dar es Salaam Stock Exchange PLC (DSE) is delighted to announce the signing of a Memorandum of Understanding (MoU) between the DSE and CFA East Africa Society to firm …
The Toyota Kenya Foundation, in partnership with UN Women and, with funding from the Government of Japan, has launched a new training program for women and youth from Kakuma Refugee …
Dalbit Petroleum Limited celebrated 20 years of fuelling growth in Kenya and the region at a Gala Dinner held at the Radisson Blu Upper Hill, Nairobi. The company committed to …
Kenya’s inflation hit a 63-month high of 9.2% in September, according to monthly inflation data provided by the Kenya National Bureau of Statistics. The rising cost of food, fuel, and …
Mastercard has introduced Crypto SourceTM, a new program to enable financial institutions to bring secure crypto trading capabilities and services to their customers. The 2022 Mastercard New Payments Index reported that …
As the discussion as to whether Kenya is doing well in terms of the savings culture or not continues, Maisha Microfinance Bank has re-launched a mobile-based fixed deposit bank account …
Unity Homes, a leading affordable housing developer in Kenya, has handed over keys to another 64 new homes in Tatu City. The new Unity East development sits on 10.4 acres …
Kenya Association of Manufacturers (KAM) has launched the 5th edition of the Changamka Shopping Festival. The festival seeks to showcase high-quality locally manufactured products, in a bid to celebrate the sector’s …
Regional low-cost airline, Jambojet has fully automated its cargo management process after acquiring Cargo Flash’s Octogen Cargo Management System (CMS). The integration covers Customer Management, Cargo booking & Rating, Schedule …
If you are not planning to succeed, then you are planning to fail. The young ones say, “You only live once” (YOLO) but when it comes to taking loans from …
Britam Plc has cited tech platforms and partnerships as areas that will accelerate its growth over the next five years. The listed insurer, while releasing its half-year results, said that …
Uganda is lobbying for increased efforts to make doing business within the East African Community region easier. Uganda, in particular, will advocate for the harmonization of non-tariff barriers within the …
The African pioneer of Artificial Intelligence and green revolution Agilitee Limited is raising about $2 billion as part of its Johannesburg initial public offering (IPO). The Company will raise $500 …
Mi Vida Homes’ mid-market housing project at Garden City has been awarded the EDGE certification by the International Finance Corporation (IFC) on account of the project’s energy and water-saving design. The IFC …
It is no secret that online shopping has taken the world by storm. A quick Google search for “statistics on online shopping” will show you that e-commerce is steadily growing, …
Initially, owning a car was seen as a dream for many. People had to literally break their bank accounts to own a car; both new and secondhand. It is no …
As part of its continued drive to ensure customers ‘fly better’, Emirates has selected the new Thales’ AVANT Up system for its incoming fleet of Airbus A350 aircraft, scheduled for …
ABC Bank has been awarded for its innovative financing solutions which have created long-term value for clients in the agricultural sector at this year’s Kenya Bankers Association (KBA) Sustainable Finance …
Ever heard the phrase; invest where your heart is and not where your money can go? Yes. Sometimes it sounds like a cliché, but it isn’t. Having money and investing …
Social entrepreneurship entails the development and funding of solutions that directly address social issues such as food scarcity, poverty, unemployment, unequal opportunity, arid and semi-arid lands, and effects of climate …
Microsoft has named veteran and Africa expert Kunle Awosika as the new Managing Director of the Africa Transformation Office (ATO), its subsidiary charged with driving digital transformation initiatives across the …
KCB Foundation will provide full scholarships to 251 University students this year. The Group Director Marketing, Corporate Affairs & Citizenship, Rosalind Gichuru commissioned this group of students who will be …
Absa Bank Kenya PLC reported a Profit after Tax of 6.3 billion shillings for the half-year period ended June 30, 2022, registering a 13 percent growth as compared to a …
Kenya is on a growth trajectory. Technology is at the center of this promising path. Over the last few years, we have seen significant investments made in the tech sector. …
Waanzilishi Capital has been licensed by the Capital Market Authority to provide investment advice, manage portfolios, and design investment funds. It’s the digital-first capital market intermediary and the firm behind …
Emirates has kick-started its plans to upgrade the entire interior cabins of 120 Airbus A380 and Boeing 777 aircraft – two of the largest commercial aircraft types in service today. …
Global payments company WorldRemit announced the results of its 2022 Cost of School study observing how the changing economic environment has affected the true cost of education across 21 markets …
Absa Group’s headline earnings increased 27 percent to R11 billion in the first half of the year as revenue increased, demonstrating a continued strong recovery from the global economic downturn …
Over the years, cryptocurrencies have gained enormous popularity, making people adopt them as a tool for financial transactions. In fact, cryptocurrencies have delivered several benefits, such as minimal transaction fees, …
Virtual Pay International Limited is pleased to announce that it has been granted authorization as a Payment Service Provider (PSP) to carry out Payment Gateway Services in compliance with the National …
NCBA Bank has, for the third time in a row, been recognized as the preferred bank in asset finance in the banking category at the Transport & Logistics Excellence Awards …
At least 180,000 smallholder tea farmers under the Kenya Tea Development Agency (KTDA) have voluntarily taken up health insurance with Britam through the Emerging Business Unit segment. KTDA is a …
ndovu, Africa’s leading wealth management platform that provides easy access to financial markets, today announced a strategic partnership with Tulix, an Antler & Catalyst Fund portfolio company. The partnership will …
Africa has witnessed impressive growth in many economies over the last decade. Many factors have contributed to this phenomenon. The vibrant SME sector is one of them. The sector has …
BDO East Africa, a public accounting, tax, and advisory firm is planning to start operations in the Democratic Republic of Congo by 1st October tapping into increased opportunities that have …
Politician and businessman Jimi Wanjigi has termed the numbers published by the Central Bank of Kenya as an outstanding public debt as being fictitious and meant to hoodwink Kenyans into …
In the past, the currencies of some of the most powerful countries had their values directly linked to gold. Their currencies could be exchanged for a specified amount of gold …
The 2020 Association of Kenya Insurers (AKI) Insurance Industry Report indicates that total gross written premiums in 2020 in agriculture insurance amounted to Kes 1.09 billion, representing a significant 66 …
Proparco, France’s development finance institution, and Ascent Rift Valley Fund II have acquired a majority equity stake in Diani Beach Hospital Limited (“DBH”), the leading healthcare provider on Kenya’s South …
Meta-owned WhatsApp has no doubt become a game-changer for both micros, small and medium enterprises (MSMEs) to well-established corporates when it comes to reaching customers online. WhatsApp has always provided …
In Ugandan lakes, three highly nutritious, finger-sized fishes, known locally as ‘muziri’, ‘ragoogi’, and ‘mukene’ dominate fish catches. However, their nutritional – and economic – benefits are not being realized …
Binance, the world’s leading blockchain ecosystem, and cryptocurrency infrastructure provider, is celebrating its 5th anniversary by eliminating trading fees on a wide range of bitcoin spot trading pairs. While Binance …
Kenchic Limited has launched a breaded-chicken range of products, designed to be easy to cook at home and deliver a tasty experience. The products under this range include Crispy Kuku …
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 …
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 …
Equity Group, CFAO Kenya Ltd, and CFAO Agri Limited (CFAO Group) have partnered to provide local farmers and other primary players in the agriculture value chain with easy access to …
During the planting season in Kenya this year, the rains generally failed. Experts have estimated that food crop harvests around the country will experience the largest drop in history. Sadly, …
Trade between Kenya and Turkey is flourishing and on track to reach both governments’ target of USD 1 billion, according to Ahmet Cemil Miroğlu, Türkiye’s ambassador to Kenya, on a …
Global technology company, Mastercard, has announced the signing of a partnership with the Kenya Tourism Board (KTB) to help Kenya’s tourism sector rebound to its pre-pandemic level. The three-year collaboration …
Running an online business demands a lot. First, you have to find the right niche. This involves a lot of research within the market, looking at what is missing or …
Binance, the blockchain ecosystem, and cryptocurrency infrastructure provider, sponsored the biggest comedy show in Kenya, in collaboration with Laugh Industry, as it continues in its mission to drive mainstream crypto …
BuyRentKenya (BRK) the leading property marketplace, and Building in Kenya (BIK), a personal social responsibility initiative that seeks to bridge the existent knowledge gap within the building sector, have entered …
Britam and Little App are partnering with the Consultative Group to Assist the Poor (CGAP) to introduce Britam’s insurance and investment products to ride-hailing drivers via the Little App platform. …
Rubis Energy Kenya has partnered with Mobius Motors as the official Mobius service and repair center for the Mobius 3 vehicle, providing Mobius owners with nationwide access to service centers at Rubis stations. Rubis Energy Kenya Lubricants Technical …
Centum Investments Company Plc will be selling its 83.4 percent shares in Sidian Bank at a cost of 4.3 billion shillings. This is after the investment giant entered into a …
Anyone with a business can set up their own e-commerce platform. In fact, any business that is not online today has no business being in business. At this age, virtually …
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 …
Britam General Insurance has today launched a new travel insurance plan in partnership with Kenya’s leading tour and travel company – Bonfire Adventures and insuretech firm – Perks. Under the …
When people get employed, they forget they will retire at some point in the future. People forget that their employers will one day ask them to resign. Retirement is as …
The Co-operative Bank of Kenya introduced an e-commerce product that enables merchants in the SME sector to maximize how they receive payments from customers within and without the country. The …
By Sa Nyoung Kim Small and Medium Enterprises (SMEs) constitute over 90 percent of businesses in Kenya and provide seven out of ten jobs in the country. Despite their economic …
Kenchic publicly launched its commitment to animal welfare and food safety today, through a number of policy and guideline documents that can be found on the company’s website. As the …
CNN’s David McKenzie reports on how the war in Ukraine is causing a shortage of wheat and grain leading to impacts on global food security. Russia and Ukraine are both agricultural export …
Megapipes Solutions Ltd has introduced a new range of manholes for the Kenyan market, purposefully designed for more efficient construction. The new range of manholes, based on the Weholite HDPE …
Selling a business is always a challenging task that involves both financial and physical investments. Furthermore, this process frequently requires the engagement of an industry specialist, such as a broker, …
Kenyan elections are naturally “bad for business.” It is a time that most investors go into a panic and virtually everything comes to a stop. But for a few investors …
The Elite Residence in Westlands is a development by VAAL Real Estate. The property is located on the exciting, high-demand upper side of Westlands Road. The project is a stone’s …
Those who have succeeded throughout history are not great believers in luck, and they always find out that the harder they work, the more they have of it.
Since December 2019 when the first COVID-19 case was reported, the globe has oscillated from seasons of low incidences to high incidences. To date, the World Health Organisation (WHO) has …
Kenya has been facing a fuel shortage. Many have suffered and prices moved through the roof. In places like Kisii, Kenyans were buying a liter of super petrol at 200 …
There has been a discussion as to whether affordable housing in Kenya is a reality or an illusion. Many think it is an illusion especially after the government said that …
UAP Holdings Plc has today announced improved performance in 2021, driven by strong top-line growth, cost reduction, and increased investment income. This was however offset by adverse claims experience largely …
LG Electronics East Africa has today unveiled its biggest Easter Campaign ever in 2022 dubbed Celebrate PASAKA na LG aimed at improving customers’ shopping experience for more value and more benefits. Customers who …
By Rajul Malde The election season is in top gear. As expected, promises by politicians on how they will create jobs and re-engineer the economy are now the order of …
Britam Holdings PLC has posted a profit before tax of 1.0 billion shillings for the financial year ended 31 December 2021, an improvement from a loss before tax of 9.7 …
Algeria has become the first country in Africa to start paying unemployed youth a monthly stipend to help them find a footing as they search for jobs. All those aged …
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