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 …
Everyone needs a house or a place to call home. Having a roof over your head is a dream for almost every individual; whether rented or purchased. Not every structure …
Free Gmail gives up to 15GB of free space. If you are a person who uses your Gmail for business and receives emails on a daily basis, the chances of …
Mwalimu Sacco could suffer a 1 billion shilling hit in liquidating Spire Bank, according to a petition at the High Court seeking to stop the process. A suit filed by …
An estimated 70 percent of Nairobi’s five million residents rely on some 20,000 privately owned, buses, mini-buses, and the small 14-seater matatus as their main mode of transportation. Of this …
Gas prices in Europe spiked by 34 percent after President Vladimir Putin of Russia announced that the country will start selling gas to unfriendly countries provided they pay in roubles. …
Owning a home is everyone’s dream. They say that home is where everything starts and ends. Home is where thoughts are put together, dreams are born, paths are shaped, lives …
Uber has announced the appointment of Imran Manji as the new Head of East Africa. Imran previously worked as co-CEO for TowerTech Africa, a leading manufacturer, and supplier of towers …
As various countries contend with different degrees of the Covid 19 pandemic, executives working in leadership positions across the African continent are preparing for a continental forum to discuss the …
What is in the best and long-term interest of teachers and ordinary members of the gigantic Mwalimu National Sacco following the recent decision by the society’s annual general meeting to …
Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, commit to only selling cage-free eggs across its Carrefour franchise in …
Binance understands that there may be potential causes of breaches where users’ accounts are compromised as a result of hacks or schemes. Beyond its high-level security technology features, the platform …
Unity Homes, an affordable housing developer, has announced that it will accelerate the development of more affordable houses by launching its third project at Tatu City, of 1,200 apartments starting …
The Co-operative Bank of Kenya has some amazing and robust money transfer solutions within and without the country. Here are 10 of them: 1. CopRemit Co-opRemit is a money transfer …
Are you thinking of entering the yogurt business in Kenya? Do not worry for you only need slightly above 40 licenses for you to be able to set up a …
Kenya’s wealthy are planning new nationalities as part of their investment activities. Over a quarter of Kenya’s 3,362 dollar millionaires are planning to apply for a second passport or new …
The Co-operative Bank of Kenya CEO Gideon Githeka has received an honorary doctorate of human letters over his contribution to building and growing the cooperative movement in Kenya as well …
First, when I heard this talk, I thought it was disrespectful when the cash involved was mentioned, I realized it is a multi-million industry that a few are making lots …
LG Electronics has kicked off a campaign to empower 1,000 entrepreneurs eyeing the fast-growing on-demand laundry market in the next five years. This follows a new partnership between the consumer appliances …
KNEC has contracted 242,406 teachers to administer the 2021 – 2022 KCPE and Kenya Certificate of Secondary Education (KCSE) exams.
Other businesses which are not green- and women-related will receive up to 50 percent of cover.
TSC hardship allowance varies from one group or grade to another with newly recruited teachers receiving the lowest perk.
It is your actions that turn your business journey into success. The success or the failure of any given business 90 percent depends on the actions we take.
There is a series of licenses that one needs to start a bar in Kenya. Without the licenses, you will never know peace from the authorities.
The Teachers Service Commission (TSC) has reconsidered its decision on introducing a mandatory fee for teachers undertaking a special type of training. In October 2021, TSC introduced the Teacher Professional …
County governments in Kenya have often presented an avenue where certain individuals win “big tenders”.
Megapipes Solutions Ltd has introduced manufactured treatment facilities used for treating sewage water known as Weholite packaged wastewater treatment plants. The packaged plants, which will be manufactured at the Megapipes …
Kenyan originals have entered the market that has been dominated by the big players for a long time with startups shying away from the sector.
Over the past 2 years since the Covid-19 pandemic started, Africa’s economy has contracted by 2.1 percent, and regional growth is expected to be muted in 2022 compared to 2021. Economic recovery and …
Technically keeps on evolving with each passing day. To many Kenyans, mobile phone is just about making calls and sending texts.
A boda boda rider in Kenya makes about 700 shillings per day. Calculating this against the estimated number of boda bodas in Kenya, the sector generates a whopping 1 billion …
Gross Domestic Product (GDP) is the value of all the goods and services produced by a nation in a given year.
Boda boda is the most common form of transport in Kenya. It is preferred because it is readily available and can access places that vehicles cannot access.
Did you know that at one point Tuskys Supermarket offered to bail out Nakumatt Supermarket?
Most multinationals in Kenya engage the services of PR and marketing agencies to streamline their operations and help in linking them to avenues for amplifying their products and services.
Defaulting on a personal loan occurs when you fall behind schedule in terms of payment as agreed in the loan agreement.
60 of those in gigs said that fluctuation in income from week to week is a cause for frustration.
Looking at how the NSE has been behaving every election year, 2022 might not be different.
Globally, almost all (94 percent) of investors who had tried more than five new investments or investment strategies reported being happy with their finances.
QuickMart Supermarket has opened a 24-hour outlet in Westlands, Nairobi. The supermarket now has 46 stores, 12 of which operate 24 hours in Lavington, Chaka, OTC, Embakasi, Tom Mboya, and …
Kenyans sent home 3,718 million dollars in 2021 according to the new data by the Central Bank of Kenya. The United States of America was the biggest source, accounting for …
Many criminals around the world who would not like their financial records tracked have been using bitcoins.
Del Monte employees have fully resumed working after a brief sit-in on January 7, 2022, which the company says was over a “misunderstanding over the outsourcing of third-party laborers. The …
CCI and Max International combined are occupying 60% of Garden City Business Park’s almost 200,000 square feet of lettable space.
Del Monte says the workers went on strike without issuing any notice as is required by the law.
Toyota Kenya has added to their assembly lines with the Hiace CKD line at the Associated Vehicle Assemblers Mombasa. The Automotive sector aims to grow its share of the GDP …
In 2018, a World Bank report concluded that the implementation of a single digital market across the East African Community (EAC) would increase regional growth by 1.6 percent and create …
Toyota Kenya and Ecobank have partnered to offer auto loans to their customers to purchase brand new cars in a deal that will see customers repay their loans within 84 …
Toyota Kenya has introduced the luxurious 3.3 Liter Diesel and 3.5 Liter Petrol V6 engines Land Cruiser 300 series. The series will have three options GX-R, VX-R, and GR-S (Gazoo …
Nairobi Business Ventures (NBV) Plc has reported a half-year Group turnover of 485.3 million shillings turnover, up from 7.62 million shillings posted over a similar period in 2020. The results …
Zamara Group has entered into a Memorandum of Understanding with the Kenya National Federation of Jua Kali Associations (KNFJKA) aimed at driving financial inclusion to the informal sector to enable …
Centum Real Estate Limited has earned 1.1 billion shillings revenue from the sale of houses in the six months ended September 2021. The strong sales helped Centum Real Estate to …
Ten companies from across Africa are embarking on a scale-up project which offers a unique opportunity for mature, highly scaled digital ventures to further their expansion plans through an initiative …
It is Balck Friday and everyone is happy. Despite the fact that the Covid-19 pandemic messed up things, the excitement of Black Friday is stronger than ever. And with Christmas …
Duka is a common term in Kenya. It simply means shop. The term is used to refer to micro-retailers in Kenya who sell goods and services to Kenyans. These micro-retailers …
Microsoft has reaffirmed its commitment to assisting Kenyan financial services providers in their digital transformation by providing specialized Cloud solutions. The commitment is made considering the current operating environment, which …
Absa Bank Kenya PLC has signed a tripartite financing agreement with CMC Motors Limited and Avenue Lease and Rentals to supply 240 vehicles to the National Police Service (NPS) under …
