Bolt top 50 Drivers Earn Over 1.2 Million Shillings In Six Months
Bolt has revealed that its top 50 drivers in Kenya earned an average gross of Ksh…
Antony Ambugo Appointed New Country Manager For Kenya – WSUP
Water and Sanitation for the Urban Poor (WSUP), a leading international non-profit specialist in water and…
Mastercard Foundation Appoints Carole Wainaina As One Of Board Directors
The Mastercard Foundation has announced the appointment of Carole Wamuyu Wainaina to its Board of Directors.…
Stanbic To Provide Up To 80% Financing Of Vehicles From Mobikey
Stanbic Bank and Mobikey Kenya, a leading player in the zero-mileage vehicle distribution industry and a…
Kenyan Businesses Hired More Workers For The Fifth Month Running
In May 2024, the Purchasing Managers’ Index (PMI) increased to 51.8 from 50.1 in April, indicating…
Kuza Eyes Idle Cash In Banks As Assets Under Its Fold Hits Ksh 1 Billion
Kuza Asset Management, a Nairobi-based asset management firm, now has KES 1 Billion in assets under…
SC Juza To Give Up To Ksh 100,000 In Loans At 1.6% Per Month
Following the completion of successful trials, Standard Chartered has launched SC Juza, a short-term lending mobile…
Carrefour Kenya Marks 8 In Kenya With Fully Paid Shopping For More Than 2,000 Customers
Carrefour, which Majid Al Futtaim owns the exclusive rights to operate in Kenya, celebrates its eighth…
Kenya Ranks Number 1 In Sub-Saharan Africa For The Highest Number Of Burger Orders
Glovo has released its annual report on burger consumption in Kenya in celebration of International Burger…
Java Opens A New Branch In Voi, Promises Elegance
The hospitality industry’s expansion is expected to accelerate in line with domestic travel demand, with customers…
To Develop, Africa Needs To Trade In High-Value Goods
African countries need to trade in value-added and intermediate goods with each other and the rest…
Sidian Bank Feted At This Year’s Think Business Bank Awards
Sidian Bank announced its recent accolades at the prestigious Think Business Bank Awards 2024, where it…
Aba Bank’s Q1 Net Earnings Up By 34%
Absa Bank Kenya PLC has announced a commendable 34% growth in its profit after tax to…
Family Bank Makes Ksh 1.3 Billion In Profits In 3 Months
Family Bank Group has posted a KES. 1.3 billion Profit Before Tax for the period ended…
Family Bank Appoints New Board Chair
Family Bank Board of Directors has appointed Architect Francis Gitau Mungai as the new Chairman of the…
Stanbic Bank Set To Upgrade Its Core Banking System
To provide an optimized banking experience, Stanbic Bank has begun upgrading its core banking system called…
Safaricom Co-operative Hits 158 Land Projects
Safaricom Investment Co-operative has launched its 158th project in Eldoret, Uasin Gishu County in a move…
UBA Marks 75 Years Of Banking Transformation, Marks 15 Years Presence In Kenya
UBA Group has clocked 75 years of being in business, spreading its wings to more than…
CBK Approves LemFi’s Remittance To Kenya, In Partnership With Flex Money Transfer
RightCard Payment Services Limited, trading as LemFi, is pleased to announce that it has obtained additional…
Eyes On Kenya US Trade Talks As Ruto Tours
After the fifth round of negotiations under the United States – Kenya Strategic Trade and Investment…
UBA Group Marks 75 Years As It Focuses More On SMEs
UBA Kenya has officially marked 15 years of operations in the Kenyan market of providing banking…
Mi Vida Homes Taps Into Kimisitu Sacco To Drive Growth
Property development firm, Mi Vida Homes has signed a strategic partnership with Kimisitu Sacco members in…
Secure Funding And Partnerships Will Boost Infrastructure Development In Africa
In a bid to address the critical need for infrastructure development across the continent, the Executive…
How IndigoHomes Is Shifting Homeownership In Kenya
With a strong presence and a proven track record of success in Ghana, IndigoHomes has now…
Centum RE Named Fastest Growing Company To Watch
Biztech Outlook has named Centum Real Estate the fastest-growing company to watch in 2024. Centum Re…
CCI Global Expands Footprint In Kenya, Lands At Tatu City
CCI Global has announced the grand opening of its Tatu City Call Centre. This new five-story…
Ksh 1.125 Billion Released For County Aggregation And Industrial Parks
The Ministry of Investments, Trade and Industry has today announced the release of Ksh. 1.125 billion…
Peach Cars Gets A 24-Hour Car Financier
Peach Cars has joined forces with Umba Microfinance Bank to introduce a groundbreaking 24-hour car financing…
Stanbic Commits To Link Kenya To Thriving Chinese Market
Stanbic Bank took center at the ongoing China-Africa Economic Trade Exhibition (CAETE) from 9th May -11th…
Safaricom Investment Co-operative Has A New CEO
The Board of Safaricom Investment Co-operative has appointed Churchill Winstone Ochieng’ as the new Chief Executive…
70% Of Amaiya Is Now Fully Sold Out
Amaiya by Mi Vida, a mid-market apartment complex situated within the Garden City Development is 70%…
More Jobs Were Created In April Than March – PMI
The Stanbic Bank Kenya PMI® signaled broadly stable operating conditions across the private sector in April,…
Ascent Rift Valley Fund II Gets A Stake In Dune Packaging
In a strategic move to bolster growth and expand its market presence, Dune Packaging Ltd, a…
Most Kenyan Millionaires Are Renting Out Their Second Homes
Kenya has emerged as a haven for its wealthiest investors, as the country’s growth lures funds…
Absa Life Assurance’s Growth Hits Ksh 862 Million
Absa Life Assurance Kenya (Absa Life), an Absa Group subsidiary, reported a 90% increase in headline…
Power Learn Project Names New Board
Power Learn Project (PLP), a pan-African social impact organization, today announced the appointment of its new…
Family Bank Clinches This Year’s Customer Responsiveness Award
Family Bank has been awarded for Excellence in Customer Responsiveness at the Innovation and Excellence Awards East Africa…
High-Interest Rates Push Kenyans To Buy Less And Rent Less
HassConsult has released the Hass Property price index for the first quarter of 2024, showing a…
Carrefour Opens A 24-Hour Store On Kenya’s Global Trade Center
Carrefour in Kenya has announced the opening of its 23rd store at GTC Mall in Westlands,…
Mi Vida Promises To Complete KEZA Within Scheduled Timelines
Property developer, Mi Vida Homes, met with investors over the weekend at their iconic KEZA project…
From Nyali, Now In Kiambu, Sidian Sets Up Another Branch
Sidian Bank an SME-focused Bank in Kenya, has announced the opening of its 46th branch in…
Kibo Unveils Its New 250cc Motorbike In Kenya
Kibo Africa has introduced the third generation of the Kibo 250R motorcycle, which aims to improve…
Jambojet Eyeing More Virgin Opportunities As It Turns 10
Jambojet is embarking on a critical growth strategy as it celebrates its 10th anniversary. The budget…
There Is An Urgent Need To Harmonize Capital Markets In Africa
Members of the Chartered Financial Analysts Society East Africa have called on African states to fast-track…
A Snippet Preview Of 2023 Financial Results Of 5 Listed Kenyan Banks
Many Kenyan commercial banks have released their annual financial results for 2023. As expected, all those…
Kenyans Paid More For Water, Gas, And Electricity In March
Kenyans paid more for water, gas, electricity, and less for transport in March despite the easing…
London-Based Magazine Rate Bolt As The Best In East Africa
Bolt has been awarded the “Best Ride-Hailing Platform, East Africa 2024” by Global Brands Magazine in…
A Germany Company Set To Invest Ksh 438 Million At Tatu City
German-based cleaning equipment manufacturer Karcher has announced an approximate Ksh 428 million investment in the Kenyan…
Britam’s Pre-Tax Profits Hit Kshs 4.82 Billion For 2023
Integrated financial services firm Britam Holdings Plc today posted a Kshs 4.82 billion profit before tax…
Subsidiaries Push Old Mutual’s Operating Profits Up By 129%
Old Mutual Holdings Plc. has today announced its financial results for the financial year 2023, highlighting…
Family Bank’s Profit After Tax Up 13.3% To Hit Ksh 2.5 Billion
Family Bank Group has reported KES 2.5 billion Profit After Tax for the full year ended…
Tatu City Enters A Binding Deal With Unity Homes
Tatu Woodworks, a bespoke company specializing in European-standard joinery services, has begun operations at Tatu City.…
Superior Homes To Pump Ksh 14 Billion Into A Lukenya Project
Superior Homes has officially launched a Kshs 14 billion master-planned gated community in Lukenya, Machakos County,…
LemFi Hires Ex OPay COO To Charter The China Market
LemFi, a financial technology company building innovative international payment solutions, announced today that Allen Qu will…
Stanbic Shareholders To A Dividend Payout Equivalent To 50% Of The Bank’s Total Earnings
Stanbic Holdings Plc has announced a KES 12.2 billion profit after tax and a total dividend…
Sidian Bank Shines At The Kenya Banking 2023 Survey Awards
Sidian Bank is proud to announce its achievement of securing 2nd place in the tier three…
Family Bank Emerges As The Best In Customer Satisfaction
Family Bank has been voted as the best tier two bank and overall third-best bank in…
PMI Hits 51.3 As Business Conditions Improve In February
Business activity expanded across the Kenyan private sector in February, according to the Stanbic Bank Kenya…
Harvard Business School Launches Tony Elumelu Foundation Case Study
At a time of renewed geopolitical interest in Africa, and an increasing questioning of traditional development…
Safaricom Investment Co-operative To Pay Shareholders Ksh 142 Million
Safaricom Investment Co-operative shareholders have approved a KES 142.4 million rebate payout during the 15th Annual General…
Unlocking Africa’s Revenue Potential: Insights from Laurent Sarr
We had the chance to talk to Laurent Sarr, the Chief Technology Officer at Global Voice…
Java Opens Two New Outlets In Nairobi
Java House is expanding its reach with two more Java House Express outlets to share “Java…
Mi Vida Nets More Partners On Its Loyalty Program
Mi Vida Homes, a real estate developer in Kenya has announced the addition of new partners…
Carrefour Launches A Self-Checkout Service At Village Market
Carrefour, which Majid Al Futtaim owns the exclusive rights to operate in Kenya, has announced the…
Two Biotech Companies Have Exclusively Merged To Form A Force
Danish biotechnology firm Novozymes, which expanded its East Africa presence in 2019 with the opening of…
LG Recorded Ksh 10.1 Trillion In Revenue In 2023
LG Electronics Inc. (LG) the manufacturer of the LG brand of products that are popular in…
Sidian Bank Grows Branches To 45 With A New One In Nyali
Sidian Bank, a leading financial institution in Kenya, is proud to announce the grand opening of…
Lemfi Starts Operations In Ghana After Approvals From The Bank Of Ghana
RightCard Payment Services Limited (LemFi) is proud to announce that it has obtained approval from the…
Kenyan Businesses Started Hiring For The First Time In 5 Months
Kenya’s private sector economy moved closer to growth territory in January, according to the latest PMI®…
14 Out Of 18 Nairobi Suburbs Recorded Positive Price Movement In Land
HassConsult has unveiled the Hass Land price index for the fourth quarter of 2023, showing that…
All 18 Nairobi Suburbs Recorded Higher Buying Prices In Property Market
HassConsult has released the Hass Property price index for the fourth quarter of 2023, revealing a…
You Will No Longer Be Able To Send Money To Unregistered M-Pesa Numbers
M-Pesa users will no longer be able to send money to unregistered numbers in a new…
Watu And Spiro To Offer Affordable Electric Motorcycles Financing
Asset financing company Watu Credit (Watu) and Spiro, a pioneer in sustainable urban mobility solutions, have…
UBA Kenya Appoints First Kenyan Woman As CEO
UBA Kenya has officially announced the appointment of Ms. Mary Mulili as its new MD/CEO, effective…
What Air France Has In Store For Africa Passengers This Year
Air France, a global leader in aviation, continues to solidify its commitment to providing exceptional service…
We Should Revise Our Tax Laws To Enable Many Kenyans Enter Local Manufacturing
The government has affirmed its commitment to revising the taxation system, aiming to encourage more Kenyans…
Old Mutual To Sell 100% Of Its State In UAP Insurance Tanzania
Old Mutual Limited today announced the sale of its full stake in UAP Insurance Tanzania, its short-term…
Agilitee Sets Foot In Malawi, Begins Journey For Electric Mobility
E-mobility company, Agilitee, has announced its entry into the Malawian market through a strategic partnership with…
Panda Mart Opens The Largest Store At Garden City
Panda Mart, a global chain store with a presence in more than 12 countries in the…
Kenyan Bolt Users To Recognize And Appreciate Outstanding Drivers
Bolt has announced the launch of a new feature on its app, called ‘Driver Compliments’. The…
Superior Homes Partners With Absa To Give Homebuyers 90% Financing
Leading real estate developer Superior Homes (Kenya) PLC has signed a partnership with Absa Bank Kenya that…
UBA wins Several International Awards, Including Global Finance Best SME Bank for 2023
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has continued to elevate its global standing,…
Mi Vida’s Garden City Project Sold Out
Mi Vida Homes, a leading real estate developer in Kenya has announced the complete sell-out of…
2024 In The Picture: Geopolitics, Elections, And Forex Liquidity To Dominate
Sanlam Investments East Africa Limited (SIEAL) has today released their 2024 Investment Themes and Outlook report. …
Convergence Partners To Acquire 100% Of Datacentrix Group
Convergence Partners today announced that its Convergence Partners Digital Infrastructure Fund (CPDIF) has entered into a…
CSI Energy Group Appoints Natasha As Deputy Group CEO
As part of a consolidation of teams within CSI Energy Group, Natacha Emilien has been promoted…
Bank Of Kigali Targets To 90% Of Customers Access Services Via Mobile By 2025
About 90 percent of Bank of Kigali (BK) customers will access their services on digital channels…
Kenyan Businesses Had A Slight Breathing Space In December
The latest Kenya PMI® findings signaled a strong move towards stability in private sector business conditions…
Bolt Now Allows Riders To Cancel Offline Trips For Enhanced Safety
Bolt, the leading on-demand mobility platform in Africa, has introduced a new cancellation option in its…
A Kenyan Tops Bolt Food Worldwide By Ordering Food Worth Ksh 89,000
This year, Bolt turned 10, reaching 150M+ customers across more than 500 cities worldwide in 45…
Stanbic Sets The Ball Rolling For Kenya’s First Green Affordable Housing Project
Everyone needs a roof above their heads. According to the Worldometer, Kenya’s 2023 population is estimated…
Households In Kenya To Spend At Least 215 Dollars This Christmas
This holiday season presents a prime opportunity for businesses to capitalize on the transformative potential of…
Tatu City Makes Over 100 Strategic New Hires In 2023
Tatu City, the 5,000-acre mixed-use Special Economic Zone (SEZ) on Nairobi’s doorstep, has strengthened its workforce…
IFC Io Invest KES 3.0 Billion Into IHS Kenya Green Affordable Housing Fund
The International Finance Corporation (IFC) has concluded and signed an equity investment worth KSh3.08 billion ($20.9…
Watu Is Clean And Running A Genuine Business – The Senate
After months of speculations and accusations against Watu Credit, an Asset FinTech revolutionizing mass-market mobility across…
ALP West Logistics Park Selected For New Manufacturing And Packaging Plant In Kenya
Printcare has chosen ALP West Logistics Park as the site for their upcoming manufacturing and packing plant…
Harnessing The Power Of Kenyan Wind Through The Lake Turkana Wind Power
The Lake Turkana Wind Power project, a sprawling expanse of majestic turbines standing tall against the…
Flutterwave Gets Remittance Licenses In 13 States In The United States Of America
Flutterwave has acquired payment licenses in 13 states in the United States of America as part…
LG To Give Up To Ksh 25,000 In Discounts This Festive Season
LG Electronics East Africa has today announced an exciting month-long campaign designed to spread joy and…
The Year Humans Went Ham For The Power Of AI
This year will be remembered as the moment that we, as individuals, began to harness the…
UBA Kenya Positions Kenya As A Financial Hub After A Chat With Ambassadors
In a pioneering move to foster stronger ties with the diplomatic community. The event served as…
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