What would you imagine your username and password are worth to a hacker? According to Microsoft’s latest threat and data research, the average price for 1,000 stolen username password pairs …
The “Sick Enterprise” in Kenya is very lucrative and people who realized this are making a killing with huge returns.
The Central Bank of Kenya (CBK) has invited Kenyans to give their views on the planned rollout of a digital shilling in May. The CBK, which has maintained that it …
The maximum number of Bitcoins that can be mined is 21 million. Limitation is the chief characteristic of bitcoin.
Egypt was one of the wealthiest African countries by total GDP for 2021. The country had the second-highest GDP in Africa at $394 billion.
Every permit and license needs money. In most cases, before even getting the same permit or license, one has to part with some cash in form of a bribe.
Invest what you can lose: Investing in online forex is like betting. You are literally gambling with your money. Do not take all your money and put it in there.
In the year to June 2021, the use of peer-to-peer cryptocurrency in Nigeria increased by 57 percent while users increase by around 87 percent.
Gigiri has the most expensive properties with the average housing commanding an average of 122 million shillings price tag.
A Blockchain is a decentralized system which means that it is not controlled by a single organization.
Food inflation declined to 9.1 percent in December from 9.9 percent in November, reflecting the impact of improved rainfall
Since the start of October, COVID-19 deaths have averaged about 7,000 a day worldwide, down from about 10,000 in late August
Kenyan banks will face political risks that could affect the macro macro-environment, loan growth, asset quality, transactional activities, among others.
Absa now joins other organizations such as BAT, Boehringer Ingelheim, DHL Express, DHL Global Forwarding, Infosys, and JTI that have been certified as top global employers for 2022.
20 percent of Kenyans in other countries use M-Pesa while sending cash back home. 16 percent use banks while 14 percent use WorldRemit.
Mco-opCash mobile wallet has registered 5.3 million users and disbursed 51.3 billion shillings in loans.
Kenya National Bureau of Statistics says at least 450,000 SMEs die annually in Kenya.
Kenya’s gig economy falls within the Jua Kali sector that employs about 86 percent of Kenyans and contributes about 45 percent to the GDP.
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 …
The Energy Petroleum and Regulatory Authority (EPRA) has maintained the prices of fuel as they were last month for the next 30 days. This is aimed at cushioning Kenyans against …
Ian Fernandes, former Chief Executive Officer (CEO) of Mediamax Networks, MD of Nation Broadcasting and Digital, and MD of KTN has been appointed to the Board of Engage BCW, a …
Overselling of loans is to blame for Kenya’s poor savings culture, as the country’s savings ratio is still lagging behind its peers at 12 percent. Maisha Microfinance Chief Executive Ireneus …
Kenya’s number one energy-saving Jiko maker, BURN Manufacturing, has launched a brand-new packaging for its iconic Jikokoa brand, cementing its presence in Kenya and beyond. In a new packaging, Burn …
Agriculture Sector Network Chairman and Elgon Kenya Managing Director Bimal Kantaria has been awarded the Productive Business Civility Award by US-based iChange Nations Organization in recognition of his role, investment, …
Family Bank has today received formal approval from the Capital Markets Authority to raise up to 8 billion shillings in tranches through a multi-currency Medium Term Note (MTN) by way …
Global technology brand, OPPO today announced that the OPPO Reno5 has been selected as the official smartphone partner for the PUBG MOBILE Middle East and Africa Esports 2021. The OPPO …
Accountants and finance professional experts say economic confidence in 2020 Q4 has stalled and remains fragile heading into 2021, finds the latest ACCA and IMA Global Economic Conditions Survey (GECS). …
Land in Kiambu County witnessed extensive price drops over 2020 as Kiambu Town, Ruiru and Limuru witnessed the biggest annual drops of 11.4, 6, and 3 percent respectively after years …
As the Covid-19 pandemic was wreaking havoc in 2020, LG Electronics sailed through, getting a revenue of 6.2 trillion shillings and an operating profit of 313 billion shillings, an increase …
Superior Homes Kenya PLC, the developers of the iconic Greenpark estate, is set to build a retail frontage commercial center to be built at a cost of Ksh 350 million. …
Suzuki at Toyota Kenya has rolled out great discounts on four Suzuki models to enable Kenyans to “ride home for Christmas in style” as they visit family and friends. This …
Motor distributor Toyota Kenya has launched the Corolla Cross in the Kenyan market, a Corolla series crossover from the traditional sedan to a new compact SUV, which will start retailing …
According to the stats released by the Kenya National Bureau of Statistics (KNBS) in September, Kenya’s unemployment rate grew two times between the month of April and that of June …
CNN International Commercial (CNNIC) and Hyundai Motor Company (Hyundai) are partnering on a cross-platform campaign that explores how innovation will change the way we will live in the future. In …
Probably you might have heard a lot about the new OPPO Reno4 already. How is the much-hyped phone? Is it worth the hype? Is it worth considering to add to …
A senior executive at LG Electronics communicated the company’s intention to expand the company’s presence in the Middle East and Africa HVAC industry. At a virtual conference yesterday, the head …
Salon and wellness services online booking platform, Saspacity, has rolled out its services in Kenya as it targets to tap into the country’s billion shillings beauty industry. The platform, which …
The Global Panel on Agriculture and Food Systems for Nutrition is today announcing the launch of its new report, Future Food Systems: For people, our planet, and prosperity. The report, …
Absa Bank Kenya PLC has been recognized as the first bank in Kenya to join the Kenya Green Building Society (KGBS) as a champion for initiatives that promote the green …
Standard Chartered Bank has today announced the launch of co-branded SCB and Liverpool FC debit cards for their clients. The co-branded card is a first in Africa and will be …
Paint manufacturer Crown Paints Kenya has invested Ksh 10 million in two new showrooms in Mombasa County as part of its strategy to create jobs for locals as it continues …
In December 2019, KenTrade commenced upgrading the Single Window System (Kenya TradeNet System) to enhance system productivity, avoid technological obsolescence, and improve user experience. The current system has been operational …
Standard Chartered Bank has been named as the best consumer digital bank in Kenya by Global Finance Awards. The bank also emerged Best Integrated Consumer Bank Site, Best Online Product …
Kenya’s President Uhuru Kenyatta has underscored the importance of the housing and construction sector in the post Covid -19 recovery plans. In a Speech read on his behalf by the …
Burn Manufacturing has rolled out an offer that will see Kenyans pay 1,000 shillings less for the iconic Jikokoa that has been revolutionizing cooking and heating in Kenya. Initially, the …
Safaricom (NSE: SCOM) has announced Elizabeth Mbugua as the overall winner of the just concluded mobile gaming competition dubbed the MobiPlay Challenge. The 8-week challenge saw over 70,000 mobile gamers from across …
How many times have you tried to make a call on a certain network but there is just no coverage to facilitate the same? Well, this will soon be the …
Nestlé Kenya has relaunched its popular breakfast cereal brand, Nestlé CEREVITA into the Kenyan market. Nestlé CEREVITA, which was previously available in Kenya as a corn-based cereal, is now available …
Glovo, the on-demand delivery start-up, has reported an increase in deliveries and cashless payments on its platform since the onset of Covid-19 in Kenya. The Barcelona-based startup applied a raft …
Sarova Hotels and Resort has re-opened its properties around the country in a phased strategy that has been ongoing since June since hotels were shut down due to the COVID-19 …
Emirates has announced the increase of its passenger services to Nairobi to daily starting 17 August. The expanded schedule will offer enhanced connectivity for Kenyan customers to Emirates’ growing destination network via Dubai. Emirates will …
Customers who purchase the Suzuki Vitara from Toyota Kenya are set to enjoy a full year’s supply of fuel from Total Kenya. In addition to the deal with the fuel …
Economists and leading international Tobacco Harm Reduction experts, drawn from Africa and Europe, have stated that snus and tobacco-free nicotine pouches are “at least 90% safer than smoking.” “This figure …
Safaricom (NSE: SCOM) customers can now access a brand new 4G-enabled smartphone by paying as low as 20 shillings daily for the devices. In a unique partnership with Google and …
BAT Kenya has announced its half-year results for the six months ending 30th June 2020; posting gross revenue of 16.6 billion shillings, profit before tax of 3.7 billion shillings, and …
OPPO is giving customers a discount on a bundled offer for the purchase of both the OPPO A92 smartphone and the firm’s first wireless earphones in the market, Enco W31. …
Emirates SkyCargo, the freight division of Emirates has announced the resumption of its scheduled cargo services to Eldoret. The route will be served by Emirates’ Boeing 777-300ER aircraft, twice a …
By Brian Wafula With the grounding of most commercial passenger planes due to the outbreak of coronavirus and travelers staying at home, airports have now turned into virtual ghost towns. …
Covid-19 has turned tables around. People no longer buy and sell as they used before. People no longer get out of their houses to enjoy the free flow of air …
What sort of conversations is CNN having with clients now We’ve been in regular communication with our partners across the world throughout the crisis, particularly in travel and tourism because …
Tuskys has come to terms with intense competition despite the growth of the retail business. Last month, the retailer announced plans to send home hundreds of workers, citing a tough …
Standard Toyota Hilux double cabin with free accessories/presents more value to the customer with free accessories. Nothing feels better than being behind the wheel of a nice and beautiful car, …
“Blessed are the young, for they shall inherit the national debt.” this is a sadistic but also realistic proverb of Herbert Hoovers’ which is going to start us off with …
Kenyan banks are expected to collect and cache cash as they report a jump in first-quarter loan-loss provisions as they try to come to terms with the aftermath of the …
Stanbic Bank Kenya has announced a profit of KSh 1.5 billion for the first quarter of 2020. The earnings were a result of increased customer deposits and a growing loan …
Remittances, usually refer to the money or goods that foreign workers in a given country send back to families and friends in their countries of origin, remittances are mostly the …
Kenyans around the country are increasingly embracing the use of energy-saving jikos with Jikokoa Xtra from Burn carrying the day in almost every homestead. According to Kenyans who are already …
Oil marketer OLA Energy (formerly OiLibya) has launched a new fuel formulation as part of its growth and rebrand strategy. The new fuel is now available in Nairobi, Mt. Kenya …
Tomato prices in Nairobi have spiked as the supply of the commodity continues to dwindle as a result of the ongoing dry spell. A sport-check in most parts of Nairobi …
National Bank of Kenya has launched new banking product, Almasi Lady, targeted mainly at Muslim women. Speaking at the launch, National Bank’s Director of Islamic Banking Mr. Musa Adan said, …
They say technology is like change. It is inevitable. It is a constant wave of change that is sweeping across the world and everyone is feeling the effect. The coming …
The electric giant company Schneider Electric has announced that it has set aside 50 million pounds that are aimed at supporting entrepreneurs in Sub-Saharan Africa. The announcement was made when …
Air France has announced that it will be resuming its flights between Paris and Nairobi after 18 years of absence. In an announcement that was made on Monday, the French-based …
A few years ago, gambling took over Kenya with a magnitude that has never been witnessed before. Every gambling firm rushed to open shop in Kenya and at one point, …
The Central Bank of Kenya has retained the lending rate for banks at 10 percent following a statement released by Monetary Policy Committee (MPC). According to the MPC’s chairman and …
Global electronic money transfer, Visa, has partnered with nine Kenyan banks to offer free domestic transactions. The move by Visa has been seen as an effort to rival the competition …
The trade expo targeting established and emerging businessmen is aimed at enhancing trade relations between Kenya and Ghana following seven key trade agreements signed between the two countries in December …
Mumias Sugar Company has been reconnected back to the national grid by Kenya Power and Lighting Company after three years of operating without KPLC due to the outstanding huge power …
The Prime Minister of the United Kingdom Theresa May has been left hanging by a thread after the British voters seemed to hammer her hard after they denied her the …
Many people think that they have a prosperous business when in the real sense they only have an expensive hobby. If you want to know whether you have a business …
Safaricom Limited has opened a fourth regional headquarter in Kisumu in a move that has been termed by the telecommunication company as aimed at enhancing service delivery. According to the …
Just days after the opposition, National Super Alliance (NASA) claimed that the ruling party, Jubilee was forcing directors of various companies to give them money for the campaign, a Legal …
Members of Parliament have called on the immediate reversal of the ban on the use of plastic bags in Kenya terming it dangerous to the economy.
There has been a lot of buzz around the just launched Standard Gauge Railway (SGR) with tongues, both from the Kenyans and their leaders have been wagging.
Thousands of politicians have come forth to seek votes from the more than 19 million Kenyan registered voters. Some say they have decided to enter into politics after hearing the …
Kenya’s current account deficit is projected to rise to 5.8 percent of the gross domestic product in 2017 from an estimated 5.3 percent in 2016 according to Dr. Patrick Njoroge, …
It has been almost a month since the Kenyan government announced a subsidized maize flour for all Kenyans but it is now emerging that most Kenyans have only managed to …
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