Kenyan business activity fell sharply in June amid reports of widespread economic challenges and a negative impact on sales from protests and policy uncertainty. New business intakes dropped at the …
Online business
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In May 2024, the Purchasing Managers’ Index (PMI) increased to 51.8 from 50.1 in April, indicating better business conditions. Costs decreased, and new business grew, leading to increased activity. Input …
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LemFi, a financial technology company building innovative international payment solutions, announced today that Allen Qu will lead the business’s expansion to China as Vice President of Growth. This announcement comes …
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Business activity expanded across the Kenyan private sector in February, according to the Stanbic Bank Kenya PMI®, as a further softening of inflationary pressures supported a fresh increase in new …
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WSUP Advisory, Water and Sanitation for the Urban Poor (WSUP) ‘s commercial arm, has appointed Dr Philippa Ross as its new managing director. WSUP Advisory provides global commercial consultancy services …
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Danish biotechnology firm Novozymes, which expanded its East Africa presence in 2019 with the opening of its Nairobi office, has successfully concluded its merger with Chr. Hansen. This is the …
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Air France, a global leader in aviation, continues to solidify its commitment to providing exceptional service and connectivity in Africa. Driven by its dedication to excellence, Air France continues its …
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Around the same time a year ago a kg of onions cost at most Ksh60 but today the price is Ksh140. The price has in effect more than doubled. Over …
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It is not easy to set up a hotel in Kenya. Forget about the vibanda you see on the side of the road. We are talking about a proper hotel. …
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Ipsos in Kenya has been named the top employer by the Federation of Kenya Employers (FKE). The market research and consulting firm was feted at the 2023 Employer of The …
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I have never met her in person. I only interact and see her posts via X (formerly Twitter). She speaks her mind, is not afraid of judgment, and takes bullies …
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Unstoppable Africa 2023 has concluded, leaving a profound mark on the African continent. The two-day Global Africa Business Initiative (GABI) event aims to boost Africa’s standing in the global economy …
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The Global Africa Business Initiative (GABI), the leading platform for promoting business, trade, and investment across the continent, is pleased to announce the lineup for its flagship event ‘Unstoppable Africa’ …
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X, formerly Twitter has been a buzz in Kenya in the past few days after a guy who sells eggs and smokies in Nairobi CBD asked Kenyans on X to …
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Afreximbank President Benedict Okey Oramah says that Africa “should be a banker’s paradise”, but that it isn’t, “because of two things. The banks that are supposed to exploit this opportunity are not …
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Kenya is set to host the first-ever Business Ecosystems Summit (BES) in Kisumu City on Friday, September 1st, 2023. This is in line with ongoing key government reforms aimed at stimulating business …
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Kyosk Digital Services, a digital-first and data-led distribution platform, is pleased to announce its expansion into the African fresh produce market with the launch of its Farm & Fresh line …
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Kenyan businesses, small and large, are the lifeblood of the nation’s economy. However, lurking in the shadows, like a predatory feline eyeing its prey, is the antiquated beast known as …
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Security is one of the fundamental needs of any business. This can be physical security like guards stationed at the gate and doors of premises or the use of technology …
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Starting a business is an exciting venture that can bring a lot of rewards, but it can also be a daunting task. Before jumping into entrepreneurship, there are several things …
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The Aga Khan University (AKU) launched its 40th Anniversary celebrations, as it celebrated the graduation of the Class of 2022. Close to two decades after its launch in Pakistan, AKU began a …
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Burhani Engineers Ltd, pioneers of integrated engineering solutions, has unveiled the region’s first valve testing and rehabilitation hub to save industrial plants money spent on maintenance and repair of existing …
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Building a business, especially if you are in Kenya, is a difficult task. There are so many obstacles that will come your way and only those who endure make it. …
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If you have never seen Africa’s Biggest manmade beach, then you better take a flight down to South Africa, for one has just been unveiled. Munyaka Estate Crystal Lagoon has …
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It seems the government of Kenya, led by Trade Cabinet Secretary Moses Kuria is not letting China Square and its owner Lei Cheng go. Days after Moses Kuria ordered China …
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Abler Nordic, an investor in Kenya’s Juhudi Kiliom and Kenya Women Microfinance Bank, is targeting to fundraise at least 140 million dollars after a successful name change. “Kenya is one …
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Figures from the Central Bank of Kenya show that the country’s diaspora remittances reached $4.027 billion in 2022, an 8.34% annual growth rate and the highest ever on record. Diaspora …
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Nairobi is a difficult city to set up and run a business, but those who do, end up making a killing. The reason why it is difficult to set up …
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Almost 20 years after his death, Pablo Escobar is still popular and referred to as one of the richest and most powerful drug lords to have ever walked the face …
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By Shaka Kariuki Apple, Netflix, General Motors, and Delta Airlines are some of the largest business organizations in the world. However, that is not the only thing they have in …
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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, …
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The 2021 Kenya Institute of Management Board Diversity and Inclusion Report indicates there has been significant progress in board diversity and inclusion in Kenya from 18 percent in 2015 to …
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Sarova Stanley hosted the historic annual Cake Mixing ceremony that was characterized by pomp and color with chefs showing their skills and experience in making the ceremony an unforgettable experience. …
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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 …
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The story of Agilitee’s founder, the African Billionaire who build a $20 billion green technology & AI firm, reads like a tale encapsulating the spirit of defying the odds, self-determination, …
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About 30 counties in Kenya are facing acute drought, hunger, and devastation. The dry spell has moved beyond and people are now clinging on a tattered thread of hope of …
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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 …
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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 …
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99.9 percent of the people you meet don’t care. They do not give a damn. You have to live your life without relying on the opinions of others. People only …
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Books carry knowledge. They carry wisdom. Most people put their best thoughts in books and the only way to learn their ways is by reading their books. Here are the …
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The Kenyan economy thrives on the wheels of Small and Medium Enterprises (SMEs). The sector employs about 86 percent of the population and contributes about 45.5 percent to the country’s …
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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 …
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Upfield has reaffirmed its commitment to maintaining food safety standards for consumers to fully benefit from the nutritional value of its products. Upfield East and Southern Africa Managing Director, Peter …
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Your small and medium enterprise (SME) is like a boat. In this case, you must have your team trained and rowing in the same direction without having anyone trying to …
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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 …
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Most challenges that SMEs and MSMEs face in Kenya are often what I call “textbook challenges.” These are challenges that everyone seems to know and always mentions from time to …
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Pwani Oil, the Freshfri, Salit, and Fry Mate cooking oils manufacturer have shut down operations due to an acute shortage of raw materials occasioned by the limited access to the …
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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 …
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If given a chance, 35% of Kenyan youth would leave the country to find a better job abroad, escape poverty or pursue an education. This is according to a groundbreaking …
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Running a business or providing a service is becoming a challenge by the day, not just in Kenya but around the world. With Covid-19 re-emerging, countries going into war, and …
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E-commerce has taken shape in Kenya. Virtually everyone who sells products and services has adopted the use of e-commerce platforms. The use of e-commerce platforms in Kenya peaked at the …
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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, …
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If banks are to adequately compete and address the challenge posed by the growing influence of fintechs in their space, they will need to modernize their systems to exceed the …
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A business process is a logical sequence of actions performed by one or more members of a team to achieve a specific objective. It is characterized by the following characteristics: …
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EFG Hermes has successfully completed an advisory on Dubai Electricity and Water Authority’s (DEWA) USD 6.1 bn initial public offerings (IPO) on the Dubai Financial Market (DFM) – the largest …
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Equity Bank’s Profit After Tax increased by 99 percent to 40.1 billion shillings from 20.1 billion shillings with Profit Before Tax recording a growth of 134 percent to 51.9 billion …
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By Sa Nyoung Kim The disruptive impact of the pandemic will be felt for years to come but with normalcy gradually resuming, it is time to reflect on how home …
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In a world that abounds with information overload, biases form an inherent part of our thinking. It is important to understand and admit that we all have biases and sometimes …
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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 …
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Major tech giants have pulled out of Russia, officially suspending or limiting their services as the war between Russia and Ukraine continues. The companies are pulling out in adherence to …
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Exim Bank, China’s largest lender has imposed “aggressive repayment terms” on the government of Uganda in an effort to recover a 200 million USD loan used to upgrade Entebbe International …
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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 …
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By Joshua Oigara The COVID-19 pandemic has largely been framed as a public health crisis, over one and a half years since it hit Kenya. However, its economic impact has …
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The Teachers Service Commission (TSC) has issued a new directive affecting teachers employed on internship terms. TSC posted a total of 1,995 intern teachers in schools early this year. TSC …
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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 …
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Commercial banks in Ukraine have been torn between letting their customers withdraw all the cash or listening to the call from the government to withhold massive withdrawals that have been …
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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.
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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.
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The maximum number of Bitcoins that can be mined is 21 million. Limitation is the chief characteristic of bitcoin.
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A fool with money is more respected than a wise man without. Money is power. Mone is everything.
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County governments in Kenya have often presented an avenue where certain individuals win “big tenders”.
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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.
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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.
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The Teachers Service Commission (TSC) has advertised mass recruitment exercises for tutors to fill positions in teachers’ training institutions across the country. TSC requires at least 10 billion shillings to …
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Technically keeps on evolving with each passing day. To many Kenyans, mobile phone is just about making calls and sending texts.
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Many local organizations that are encountering data protection laws for the first time “do not have adequate financial, HR, and technical resources.
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In a service business, your employee most likely dreams of having a similar outfit. A barber wants to have his shop one day and a driver will want to own …
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A Blockchain is a decentralized system which means that it is not controlled by a single organization.
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Jikokoa reduces charcoal spending by 2.28 dollars per week on average. This is about 250 shillings.
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Since the start of October, COVID-19 deaths have averaged about 7,000 a day worldwide, down from about 10,000 in late August
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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.
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The Director of the Circle Art Gallery, tells CNN how the ninth edition of the For Adeline Art Auction has adapted to the digital realm.
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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 …