A landlord in Kisumu has put up an ad in a newspaper to auction eight underwears belonging to his former tenant who moved out without paying rent. According to the …
East African Breweries PLC (EABL) has reported Kshs 57.3 billion in net sales for the half year ended 31 December 2022, representing a 4 percent growth compared to the same …
Fairly priced smartphones helped some mobile vendors to keep up their shipment numbers in a tough year characterized by a general slow-down in the economy, realme PR and Marketing Manager …
RUBiS Energy Kenya has launched a 4-week challenge dubbed ‘Fanikiwa na Ultra Tec’, rallying motorists to use Ultra Tec fuel to gauge their fuel consumption and how much they can …
The Government of Kenya, through the Ministry of Water, Sanitation and Irrigation is auctioning at least 109 vehicles. Some of the cars will be sold for as low as 5,000 …
The development and acceptance of digital currencies in Africa have been truly monumental. Although in 2022, the digital asset industry saw several high-profile breaches of trust and was largely characterized …
BasiGo and AVA have announced a partnership that will see the latter assemble modern electric buses for BasiGo in Kenya. In January 2023, AVA successfully completed the final assembly of …
Kenyans have been warned against taking a loan from a mobile loan app by the name KeCredit that operates under Mulla Pride Limited after complaints emerged that the company threatens …
Egerton University is set to sack an unknown number of lecturers and also plans to do away with at least 5 degree courses in an effort to save itself from …
The National Treasury’s plan to increase fees for excise stamps by up to 317% is another gift for criminals involved in illicit trade and another setback for consumers already battling …
Absa Bank Kenya PLC has been named the top employer of choice in Kenya and Africa for a second consecutive year by the Top Employers Institute for excellence in people …
A Kenya Airways flight KQ 606 from Nairobi to Mombasa suffered low cabin pressure, causing mass panic among passengers, according to a source that was on the flight. A statement …
Safaricom made it possible for Fuliza users to withdraw directly at an M-Pesa agent. This moved Fuliza from just being used for payment purposes to giving people cash, a loan …
Kenyans who have been using Fuliza can now withdraw the cash at an M-Pesa agent contrary to where the overdraft was only restricted to making payments. Fuliza, an overdraft service …
It is not easy to get genuine alcohol in Kenya, especially spirits. If you are a fan of quenching your throat with different spirits, you will realize that a spirit …
Kenya’s leading low-cost airline, Jambojet, has announced an offer for its customers, selling 1,000 tickets at Ksh 1,000. This comes after the airline flew over 1 million passengers in 2022, …
WorldRemit, a leading digital remittances company, announces the results of its second Cost of Living Index, where the organization has sought to understand how the worsening inflation crisis has affected …
TransCentury Group Plc (TC)’s rights issue commenced trading on Thursday morning at the Nairobi Securities Exchange (NSE). The infrastructure investment firm is seeking to raise Kshs 2.063 billion which will …
The new BK mobile app has recorded a sharp growth in transaction volumes, value, and onboarded users since its launch two months ago. The number of transactions on the BK …
Glovo has announced the appointment of Caroline Mutuku as the General Manager for Glovo Kenya. Prior to her appointment, Mutuku was the General Manager of a tech startup that focused on …
As the discussions around President William Ruto’s Hustler Fund continue, it has emerged that at least 12.88 million Kenyans have opted into the fund with at least 72 percent of …
More than 5,000 sellers joined the Jumia platform in 2022, a 20 percent increase from the previous year underscoring how brands, distributors, and traders are leveraging e-commerce as a channel …
British International Investment (BII) and African Guarantee Fund (AGF), have announced their partnership of a $75 million re-guarantee agreement for Small and Medium Enterprises (SMEs) across Africa. Through this facility, …
Motor vehicle distributor, CFAO Motors Kenya has today opened a 600-square meter central parts outlet for its Winpart division, as it seeks to expand product offering and services by distributing …
African Banking Corporation (ABC Bank) was been recognized for its solid corporate governance practices at the Champions of Governance (COG) Award, organized by the Institute of Certified Public Secretaries of …
The Bank of Kigali (BK) Group has announced an 18.4 percent increase in net profit to KES5 billion for the period ending September 30, 2022. The strong profit growth for …
To finance your business, you need money. Sometimes, a lot of money. At the same time, it is not easy getting money to finance your business. The easiest way is …
Kenyans can save up to KES 231,000 across select LG electronics appliances and electronics from today until the end of 2022. This follows an announcement by LG Electronics on product …
Jumia, Africa’s leading e-commerce platform, announced that it will put a 14 seater Commercial Matatu (van) on Flash Sale and also bring back the most popular products for the ultimate …
Kenyans will have to pay more for loans after the Central Bank of Kenya raised the Central Bank Rate (CBR) by 50 points from 8.25 percent to 8.75 percent. This …
Old Mutual Kenya has partnered with Pfizer and Goodlife Pharmacy to offer Pneumococcal vaccination to its insured members. The vaccination drive targets Old Mutual Health members over 65 years old …
Binance, the world’s leading crypto and blockchain infrastructure provider, has announced the appointment of Nadeem Anjarwalla as its Director for East Africa, leading business operations across over 12 markets in the region. …
Emirates announced that it will increase the frequency of its services to offer double-daily flights between Dubai and Nairobi. Starting from 15 December, the airline will fully restore its services …
Kenya’s iconic city-based hotel, Sarova Stanley, scooped Kenya’s Leading Hotel award in the World Travel Awards (WTA) for 2022. The historic awards were held in Africa for the first time …
To run a business, you need money. Without money, then that will not be business as usual. Many businesses in Kenya have failed due to a lack of or inadequate …
KCB Group PLC’s net profit rose 21.4% to KShs.30.6 billion in the first nine months of 2022 on the back of sustained growth from both Net interest and non-funded income …
KCB Group CEO Paul Russo has been appointed to serve on the United Nations Environment Programme Finance (UNEP-FI) Leadership Council, joining other global leaders in mainstreaming and deepening sustainability integration …
Mamafua Laundromatic has officially launched its operations in Nairobi, setting up its first base along Lang’ata Road as it plans to open 5 more in the near future. Giving his …
BasiGo, the first company to introduce electric buses into Kenya, has announced $6.6 million in new funding led by Mobility54, the corporate venture capital arm of Toyota Tsusho; Trucks VC, …
Huawei Technologies has set its targets on sea and inland ports with a new system designed to enhance its operational efficiency. Known as an Intelligent Horizontal Transport System for ports …
HassConsult released the Hass Property price indices for the third quarter of 2022 showing property prices maintained stability with prices increasing by a modest 0.8 percent. HassConsult notes that house …
Daikin India, the maker of air conditioning systems, has unveiled a Center of Excellence program in partnership with Don Bosco Boys Technical Institute as a part of its ongoing Skill …
Stanbic Bank Kenya, a member of the Standard Bank Group has today reiterated its support for Kenya’s development through investments in trade and infrastructure as it officially launched its newest …
Carrefour, owned and operated by Majid Al Futtaim in Kenya, has announced savings of up to 50 percent through November across its stores countrywide. Dubbed ‘Carrefour Friday’, the retail chain …
LG Electronics has inked a partnership with telecommunications firm Safaricom to offer customers access to home electronics and appliances at a discounted price of up to 7 percent off. The …
Mi Vida Homes has opened the sale of its affordable housing project in Riruta, dubbed Keza, and a new mid-market housing project at Garden City, dubbed Amaiya. Both projects are …
Kenya Power and Lighting Company (KPLC) is the only electricity supplier in the country. Being the only player, with no competitor, apart from a few solar panels, Kenya Power seems …
Minet Kenya, an affiliate of Africa’s leading African Risk Management Group, has today reiterated its commitment to Kenyans as Minet marks its 75-year legacy of delivering risk, reinsurance, and human …
Newly appointed Agriculture Cabinet secretary Linturi Mithika has a Herculean task ahead, ensuring that some 620,000 tea farmers are allocated their share certificates, which will pave the way for a …
The 5th edition of the Changamka Shopping Festival by the Kenya Association of Manufacturers has officially kicked off at KICC. The festival, which will run from 1st-5th November brings together …
Bank of Kigali has recorded increased uptake of its mobile banking services following the launch of new digital customer onboarding and lending features. Rwanda’s biggest bank on September 30 unveiled …
Electric Vehicles Manufacturer, AI, and GreenTech Giant Agilitee have finally unveiled Africa’s first self-charging full electric car in Africa. In February 2022 the company announced that it would release this …
Superior Homes (Kenya) PLC and Kenya’s premier Islamic bank Gulf African Bank, have today signed a partnership that will enable home buyers to access flexible mortgage financing at 11.75 percent, …
Innovation is at the heart of what crypto and blockchain stand for. The internet (Web2) revolutionized the transfer of information. Blockchain (Web3) is the technology that is revolutionizing the transfer …
The Teachers Service Commission, TSC, may fail to conduct teachers’ replacement interviews this year in a bid to cut down on the cost of employing teachers. TSC may replace teachers …
Liz Truss resigned as the Prime Minister of the United Kingdom. She had only served for 44 days. She became the shortest-serving Prime Minister in UK’s history. For serving Britons …
Strategically located at Mua Hills in Machakos, Mint@Mua is a spectacular restaurant that one would love to visit to either quench their thirst or satisfy their roaring appetite. It is …
Kenya Airways pilots have issued a strike notice. Through their organization, the pilots say they have had enough of the frustrations from the current management. Kenya Airways has already acknowledged …
Following regulatory approval, the Board of Absa Bank Kenya PLC has appointed Yusuf Omari to take over as Interim Chief Executive Officer and Managing Director effective 1 November 2022, after …
Gold prices remained weak today with MCX futures edging lower to 74,652.01 shillings per 10 grams as the precious metal declined for the fifth straight day. In international markets, gold …
Better environmental, social, and governance (ESG) market frameworks helped Kenya move up six points to eighth place out of 26 in the latest Absa Financial Markets Index (AFMI). Kenya obtained …
Right from birth, kids begin to actively pick up skills and knowledge as they engage with different environments. From the social skills they learn at home to the hygiene skills …
A bank overdraft is where you exceed your bank account balance by a certain amount. It is a situation where your bank account balance runs into the “negative”. Let us …
There have been discussions about PayPal, especially when it comes to accounts run and managed by Africans. Is it true that PayPal hates Africans and their accounts? PayPal is an …
Electricity: Kenyans woke up one day and the price of electricity was up by more than 30 percent. Kenya Power and Lighting Company have never given an explanation as to …
Credit Bank is set to list at the Nairobi Securities Exchange (NSE) as announced by President William Ruto on Tuesday. “I would like to congratulate Credit Bank for starting the …
LG Electronics East Africa has announced new Business to Business (B2B) measures and innovations aimed at improving service offerings to customers and improving the operations expenditure for businesses. The measure …
Farmers have been wondering what makes Tanzanian onions popular with consumers and why they are cheaper compared to the onions locally produced. Many farmers get into onion farming because it’s …
At one point, the then Deputy President, and now President of Kenya William Ruto advised farmers to abandon the farming of maize and embrace avocado farming. Many saw the suggestion …
In the spirit of Customer Service Week, UBA Kenya Bank is rewarding customers who will be opening new accounts or transacting at their branches. This, according to the lender, is …
The South African retailer, Massmart, is exiting the Kenyan market after failing to sell its three stores in Kenya. The retailer operates Game Stores. The giant retailer has already started …
This year has seen most currencies in Africa performing dismally against the US Dollar. The Zambian Kwacha was the only currency that gained prominence against the US Dollar during the …
From October 1, 2022, Kenyans who will borrow 1,000 shillings from Fuliza will enjoy 0 interest rates for the first three days in a new announcement made by the CEOs …
The Kenya Bureau of Standards has suspended 10 brands of edible fats and cooking oil which they said are unfit for consumption. Cooking oil brands that were affected by the …
Kenya has continued to make history as far as technology and catching up with the ever-changing trends is concerned. It is because of the tech evolution in Kenya that the …
Mi Vida Homes and Gulf African Bank have entered into a partnership that targets homeowners who are seeking to take advantage of the lender’s prevailing low mortgage rate of 11.75% …
In his inauguration speech, President William Ruto announced that his government will be setting up the Ministry of Cooperatives and SMEs. In the whole speech, this perhaps was one of …
The non-profit international development organization TechnoServe has today officially launched a program that aims to widen the variety of fortified foods, ensuring Kenyan consumers continue to have access to nutritious …
Food fortification is a subject that is rarely given the weight it deserves among Kenyan households despite the fact that it plays a major role in the general well-being of …
From piggybanks as children and investments as adults, we all grew up with an idea of the value of money and that there is no such thing as free lunch. …
LG Electronics has lined up amazing discounts for Kenyan customers intending to buy refrigerators, washing machines, and televisions. According to LG, the new discounts are for Kenyan customers who intend …
The Board of Absa Bank Kenya PLC today announces that after nearly 10 years of outstanding leadership, service, and contribution, Jeremy Awori has decided to pursue a career opportunity outside …
Hudson Sandler, independent strategic communications and ESG consultancy, has appointed Michelle Anekeya as Partner, Head of East Africa. The appointment reflects Hudson Sandler’s continued growth in Africa driven by the Kenyan …
Uber has announced its expansion into four new cities in Kenya; Eldoret, Nakuru, Naivasha, and Kisumu. This makes Uber available in eight cities across East Africa, which means more drivers …
WhatsApp is the most popular messaging application in Africa. Stats show that there are over 100 million WhatsApp users on the continent making it one of the greatest communication tools …
During the month, the Kenya Shilling depreciated by 1.0 percent against the US Dollar, to close the month at 120.0 shillings, from 118.8 shillings recorded at the end of August …
As the demand for powerful and fuel-efficient vehicles continues to grow, CFAO Motors Kenya, the distributor of Toyota vehicles and genuine spare parts, has launched the all-new Toyota Starlet 2022, …
Listed Agribusiness firm Kakuzi Plc has confirmed that its inaugural Hass Avocado export cargo to China has been sold-out in the quality-conscious market. According to Kakuzi PLC Managing Director …
BK Group Plc has reported a 24.5 percent growth in net profit to KES3.3 billion for the half year ended June 30 2022, boosted by improved interest income from customer …
Financial services firm, Britam Holdings Plc, has today posted a profit before tax of Kshs. 1.04 billion for the half-year period ending June 30, 2022. This is a significant improvement …
Old Mutual Holdings PLC has posted a loss before tax of KES 375 million in the first six months of 2022 compared to a profit before tax of KES 552 …
Family Bank Group has posted a 2.3 billion shillings Profit Before Tax in the first six months of 2022. This is a remarkable 37.4 percent increase in Profit before tax …
The local avocado growers and exporters may soon enjoy further market diversification opportunities’ in Malaysia as part of ongoing trade facilitation efforts by the Kenya Plant Health inspectorate Service (KEPHIS). …
The Co-operative Bank of Kenya made 11.5 billion shillings in half-year profits to June, a 55.4 percent growth pegged on customer lending and payment charges. At the same time last …
Fahari Aviation, a subsidiary of Kenya Airways PLC has signed a service agreement with Kipkebe Ltd, which is a subsidiary of Sasini PLC, to offer precision agricultural services. Fahari Aviation …
KCB Group PLC reported net earnings of KShs.19.6 billion for the six months ending June 30, 2022, a 28.4% rise from last year. The growth from KShs.15.3 billion was driven …
The government now has about 504 billion shillings in terms of pending bills. This is cash owed to supplies by ministries, county governments, and government parastatals. County governments and universities …
Bank of Kigali has booked KES926 million (Rwf8.1 billion, ($7.9 million) new customer deposits from Rwandans in diaspora within four months. The cash deposits were collected from existing and new …
There have been concerns about the availability of the 100-shilling subsidized unga with Kenyans saying that the unga disappeared from the shelves immediately after the announcement was made. There have …
The Board of Britam Holdings Plc is pleased to announce the appointment of Mr. Tom Gitogo as the Group Managing Director and Chief Executive Officer effective 1st September 2022, subject …
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