This holiday season presents a prime opportunity for businesses to capitalize on the transformative potential of Web3 payments, especially considering the anticipated surge in transactions during this traditionally capital-intensive period. …
Business Watch Team
Business Watch Team
Business Watch is an online business portal that is set to marry both the traditional media and the digital media and bring them under one umbrella
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LG Electronics has joined forces with the Rotary Club of Nairobi Madaraka and the Rotaract Club of UoN Afya to launch a charitable initiative aimed at spreading holiday cheer to the …
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In the heart of Sub-Saharan Africa, where urbanization is rapidly transforming, the conversation around urban mobility is more crucial than ever. As our cities are expanding and grappling with the …
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AI has been one of the most pervasive topics in global headlines over the past year, with experts both extolling the much-anticipated benefits of the technology and warning of its …
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Tatu City, the 5,000-acre mixed-use Special Economic Zone (SEZ) on Nairobi’s doorstep, has strengthened its workforce with over 100 key appointments in 2023 as businesses and homeowners from Kenya and …
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A newly orphaned baby with a forehead wound. An 8-year-old in a full-body cast. A 13-year-old missing a leg. This week, CNN Chief International Correspondent Clarissa Ward was given a rare …
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M-TIBA, Medical Credit Fund (MFC) have partnered with MYDAWA to introduce an innovative financing solution that will enable pharmacies, clinics, specialists, hospitals, caregivers, and other healthcare facilities to buy drugs …
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The International Finance Corporation (IFC) has concluded and signed an equity investment worth KSh3.08 billion ($20.9 million) into IHS Kenya, a US-owned Southern African Private Equity fund manager that is …
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Bolt, the leading on-demand mobility company in Africa, through a safety workshop, has unveiled its latest safety feature, rider verification, to enhance driver safety. This is part of Bolt’s ongoing …
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OPPO Kenya has announced winners of the #OPPOLegend challenge, which invited Kenyans on social media to showcase their oldest OPPO phones demonstrating the evolution of OPPO devices over the years. …
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WPP Scangroup PLC has joined the club of Kenyan listed companies to release an environmental, social, and governance (“ESG”) report as per the Nairobi Securities Exchange (NSE) reporting guidelines. In …
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Governance
Chelugui Blamed Over Massive Rot In Saccos As Rights Activists Demand Action Against SASRA Boss
A group of human rights activists have joined members of various cooperative societies in petitioning Cabinet Secretary for Cooperatives Development Simon Chelugui to immediately take action against rogue Saccos Society …
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Stima Sacco is one of the largest Sacco within and without the country. Through Stima Sacco, members can save, invest, and take affordable loans any time they need to. Stima …
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Sophos has released a report, titled “CryptoGuard: An Asymmetric Approach to the Ransomware Battle,” which found that some of the most prolific and active ransomware groups, including Akira, ALPHV/BlackCat, LockBit, …
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In a groundbreaking collaboration, Fuse Network, a leading Layer-1 blockchain player specializing in scaling Web3 payments, has teamed up with Polygon Labs, a globally acclaimed blockchain technology firm. Fuse embarks …
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Absa Bank Kenya colleagues drawn from various Absa branches in Nairobi and Thika have embarked on a series of community outreach initiatives that will be rolled out throughout the festive …
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Infinix officially launched the HOT 40 series, featuring the HOT 40 Pro, HOT 40, and HOT 40i models providing gamers of all budgets an action-packed smartphone to level up their …
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Convening at CNN’s state-of-the-art hub in Abu Dhabi last week, 110 aspiring and emerging journalists from around the world engaged in a dynamic and immersive journalism simulation focused on climate …
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Governance
David Mategwa’s Academics Questioned As Police Worry For Their Money At The Kenya Police Sacco
There is trouble at the Kenya Police Sacco with police and the public who have funds at one of Kenya’s largest Saccos worried about the safety of their money, pinning …
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In response to the devastating impact of floods in Isiolo North constituency, Pwani Oil Products Limited has taken a proactive step to support the affected families. The company handed over …
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LG has announced the launch of a heartfelt initiative aimed at spreading the festive season spirit to those in need. In a move that reflects the company’s commitment to corporate …
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After months of speculations and accusations against Watu Credit, an Asset FinTech revolutionizing mass-market mobility across Africa through financial inclusion and accessibility, the Senate has cleared the company of any …
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As the United Nations projects a global population rise to 9.8 billion by 2050, Sub-Saharan Africa (SSA) stands at the epicenter of this demographic uproar. Projections indicate that the region’s …
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Printcare has chosen ALP West Logistics Park as the site for their upcoming manufacturing and packing plant in Kenya. Scheduled to commence operations in April 2024, this facility aligns with Printcare’s …
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We all need a financial boost now and then. In most cases, it is not easy to get a loan from a commercial bank as an individual and perhaps with …
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Celebrated hip-hop and lyrical sensation, COLLO, is set to mark two decades in the music industry with a special online unplugged session dubbed #ColloUnplugged which is scheduled for this Saturday, …
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Old Mutual, a renowned leader in financial services, has today introduced an innovative insurance package tailored specifically for high-end motor vehicles, christened Motor Premier Cover. This groundbreaking product caters to …
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Police officers have raised concerns about the deposits and savings at the Kenya Police Sacco, taking issues with the current Chairman Mr. David Mategwa who they accused of being incompetent, …
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In a groundbreaking move, Sanduk, a leading player in Kenya’s emerging digital payment sector, has harnessed the power of the Fuse Network to provide an innovative solution that bridges the …
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The festive season is here. A lot is happening. People are planning to travel upcountry and other destinations to join family and friends for Christmas and New Year celebrations. What …
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300 Flood-affected households in Madogo Ward, Tana River County have received a major boost after Britam and Swiss Re processed Sh14.1 million as compensation for their losses. The claim, following …
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Absa Bank Kenya has today increased the interest rate on deposits in the Absa Digital Savings account to 10% per annum, up from 9% per annum, effective from December 12, …
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The Lake Turkana Wind Power project, a sprawling expanse of majestic turbines standing tall against the stark horizon, is not merely a collection of giant blades cutting through the air …
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Flutterwave has acquired payment licenses in 13 states in the United States of America as part of the company’s strategies to dominate the remittance market in Africa. Remittance from Africans …
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In an era where virtual connectivity is rapidly embraced, with nearly 57% of the global population using mobile internet by the end of 2022 (GSMA), the environmental impact of smart …
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Huawei Kenya and 38 other Chinese firms have teamed to absorb more than 500 young Kenyans in various sectors including ICT, manufacturing, trade, and construction. Addressing President William Ruo when …
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Google has revealed its Year in Search 2023 lists for Kenya, offering a glimpse into the interests that captured Kenyans throughout the year. Google’s Year in Search is an annual …
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LG Electronics East Africa has today announced an exciting month-long campaign designed to spread joy and cheer throughout the festive month of December. This special promotion is set to bring …
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Jamhuri Day is here. This is the day that Kenya is celebrating 60 years of being a democratic republic. It is a big day for Kenya and Kenyans. A day …
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AmaniHoiva, in collaboration with Maasai Mara University, graduated its 1st Health Care Assistants (HCA) Cohort on Friday, 8th December, 2023. The graduation ceremony marked a significant milestone for AmaniHoiva, the …
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Britam launched Bima Ya Mwananchi, an affordable inpatient medical cover targeting lower-income families, that can be taken up by a principal member or a member of their family. It allows …
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Christmas is the season of giving. Despite the tough living times, we often find time to come together, break the bread, and give presents to those who matter in our …
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If you thought the reign of feature phones, otherwise known as Mulika Mwizi is done and dusted, then you are in for a rude shock. It is like they never …
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In a spectacular convergence of Hollywood stars and influential black travel business owners, Mara Napa Camp became the epicenter of the #KenyaHomeofHumankind campaign. Nestled in the heart of Maasai Mara, …
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78 emerging leaders in food systems graduated from the Centre for African Leaders in Agriculture (CALA) program hosted by AGRA. The center is an AGRA-led initiative, co-implemented by the African …
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Blood is a precious resource and a life-saving input in medical emergencies. But since there is no synthetic substitute, human blood is a scarce commodity. There is a high demand …
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This year will be remembered as the moment that we, as individuals, began to harness the power of AI in our daily lives. The last 10 months reflect years of …
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Stanbic Kenya Foundation culminated the successful completion of its 2023 Blue Economy Program in the coastal region through a graduation and computer handover ceremony held in Serena Hotel, Mombasa. The …
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In a significant gesture of support for the well-being and development of young girls, Air France-KLM has today partnered with The Art of Music Foundation to distribute sanitary pads to …
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Farmers Choice Limited, the leading purveyor of fresh and processed meat products in the region, has announced its support towards Kenyan rally legend Ian Duncan for the 2023 East African …
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Uber Eats celebrated excellence in the restaurant and merchant industry during its second annual Merchant Awards. The special event held at Ole Sereni brought together small, medium, and large restaurant …
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In a pioneering move to foster stronger ties with the diplomatic community. The event served as a pivotal platform to discuss collaborative efforts aimed at enhancing trade linkages, promoting economic …
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Kenya rides on the wheels of small and medium enterprises (SMEs). 90 percent of businesses in the country are said to be SMEs. These businesses employ 86 percent of the …
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African Export-Import Bank (Afreximbank) announces that the third Intra-African Trade Fair (IATF2023) held in Cairo from 9 to 15 November witnessed the conclusion of business deals and transactions valued at …
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Tatu City has been identified as a model for Environmental, Social, and Governance (ESG). During the recent 2023 Africa Economic Zones Organization (AEZO) SEZ Annual Meeting in Morocco, Tatu City …
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Fuse Network, a trailblazer in Web3 payment infrastructure, recently unveiled its pioneering $10 million Web3 Business Grant Program, designed to support global businesses by providing essential funding and infrastructure for streamlined …
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Absa Bank Kenya’s Mobile Banking Wallet, Timiza recorded a 35.7% Year-on-Year growth in loan disbursements to KES 14.8 billion during the first nine months of this year up from KES …
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British International Investment (BII), the UK’s development finance institution and impact investor, today announced $5 million in debt funding for BasiGo Ltd., Africa’s leading Electric Bus solution provider. The funding …
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Business conditions in Kenya remained in a steep decline halfway through the final quarter of the year according to the latest PMI® survey data, amid sizeable falls in output, new …
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Kisumu City recently played host to an electrifying night of music and entertainment as “Smirnoff Unleash Your Edge Fiesta” took center stage at the Mambo Leo grounds. The event, hosted …
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Nothing is as frustrating as losing a smartphone. The stress that often hits you when you lose a phone is usually on another level. The main reason for this is …
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8 UBA Bank subsidiaries in 20 African markets that the bank operates emerged victorious and won the Bank Of The Year Award at The Bankers Awards 2023, organized by The …
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Kenya Wine Agencies Limited (KWAL) has revamped one of its iconic brands, Kibao Vodka, by repositioning it as an aspirational brand to meet the ever-evolving consumer tastes, in line with the company’s …
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From robotic vacuum cleaners doing their job at hotel lobbies to smart robots delivering food in restaurants, the use of intelligent robotics is becoming increasingly prevalent. But, in addition to …
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In recent years, digital lending has transformed the financial landscape in Kenya, offering convenient and accessible loan solutions to individuals and businesses. Among the leading players in this space is …
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LG Electronics has announced organizational changes that reflect a strategic move towards realizing its Future Vision 2030, announced in July. The establishment of the Overseas Sales and Marketing Company, reporting directly …
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Glovo has released its annual report “Glovo Delivered” showing key insights and trends derived from an in-depth analysis of user consumption habits in the app throughout 2023. Kenyan Taste Experiences …
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Family Bank through its philanthropic arm Family Group Foundation will spend KES 90 million on scholarships for 1000 bright and needy students joining Form 1 next year. Through the Tufuzu …
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Stima Sacco is one of the largest Saccos within and without Kenya in terms of member deposits, asset base, members, as well as the amount of dividends being paid to …
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Despite the challenges posed by the climate crisis, Africa holds tremendous potential to become the world’s breadbasket. The opportunities and challenges facing Africa’s food systems are immense. The continent possesses …
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As the world convenes in Dubai for COP28, developing countries will be looking out for opportunities to massively scale up action against the “loss and damage” arising from climate change. …
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Grey, a cross-border fintech company based in the United States, has initiated a substantial global rebranding effort, unveiling a contemporary logo and website design. This strategic undertaking is in line with …
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Technology
Koreans Promise More Investments In Kenya As They Showcase Their Latest Inventions In Medicine
The Korea-Trade Investment Promotion Agency (KOTRA) hosted the Kenya-Korea Biomedical Symposium on Friday designed to showcase the most recent Korean advancements, breakthroughs, and innovations in the field of medicine. The …
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Family Bank Group has posted a KES. 3.02 billion Profit Before Tax for the period ended 30 September 2023. During the period, total assets increased to KES 140.97 billion a …
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Last July was the second hottest month on record for the globe with scientists marking 2023 as the hottest on record that could usher in the eventual return of the …
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LG, a global leader in innovation and technology, is pleased to announce Shirley Ndanu Mutula and Margaret Oyaro as the winners of its Dress-Up Challenge, which invited Kenyans on social …
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Premier Bank Kenya is elated to announce the opening of the Baraka Bazaar branch in Eastleigh, a vibrant business hub in Nairobi-Kenya. This expansion is in line with the bank’s …
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Java House has launched its first branch in Meru County, signaling the growing influence of the region as an investment, tourism, and business destination. The new outlet, located at the …
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Children affected by cancer are set to receive treatment from proceeds of the 31st Gertrude’s Charity Golf Tournament, which took place at the Muthaiga Golf Club. The event, attended by …
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The Dark Side Of AI Using a simple e-commerce template and LLM tools like GPT-4, Sophos X-Ops was able to build a fully functioning website with AI-generated images, audio, and …
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Browns Investments PLC has announced the completion of its acquisition of Kenyan tea estates business James Finlay Kenya from Finlays. The sale was first announced in May 2023, with Finlays …
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RUBiS Energy Kenya has launched RUBiS Gas at an exclusive culinary experience – the ‘Ultimate Chef’s Table’ in collaboration with Pikika Brunch. Pikika Brunch is one of Kenya’s premier cooking festivals that provides an exciting and …
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Ever heard of the quote, “If there are nine rabbits on the ground if you want to catch one, just focus on one”? I wholeheartedly concur with Jack Ma, the …
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Stephen Ogonda, popularly known as DJ Kryptic, was recently crowned as the first-ever regional champion of the Smirnoff Battle of The Beats DJ Competition, representing the Mountain region. Launched in …
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BK Group has reported a 26.7% jump in net profit to KES20.4 billion for the 9 months ended September 30, driven by robust growth in interest income. BK Group’s total …
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250 youths have completed software development training courtesy of investment between The Family Group Foundation and Adanian Labs Africa. This marks the second cohort of software engineers that have undergone …
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In the past six months, Bolt has discontinued the services of more than 5,000 drivers from its platform due to non-compliance and safety-related matters. Additionally, Bolt has dedicated over 20 …
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Kenya has witnessed a transformative shift in its business landscape, driven by the dynamic rise of co-working spaces that are increasingly being embraced, not just by individual entrepreneurs but by …
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The effects of climate change continue to be felt across the globe and more increasingly in Africa, where the largest risk lies. This has become prevalent in the past few …
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Minet Kenya has become the latest member of the country’s insurance industry to join the Nairobi Declaration on Sustainable Insurance (NDSI), an industry initiative to support the achievement of the UN Sustainable …
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It is obvious that we need the earth more than it needs us, but the amount of destruction that we are directing toward the earth shows that we either do …
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Public relations practitioners have been called upon to embrace artificial intelligence as a powerful tool to combat the growing threat of misinformation. The President of the Public Relations Society of …
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Entrepreneurship
How Kenyan Women Can Take Advantage Of Ksh 50 Billion In Family Bank’s Queen Banking Product
Family Bank set aside a whopping 50 billion shillings just for women. No other bank has done that. The new product is called Queen Banking and is tailored towards empowering …
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LG Electronics (LG) has embarked on strengthening its local network of dealers and partners by training and equipping them to handle its new-generation heating, ventilation, and air conditioning (HVAC) technology. …
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Let us face it. Things are not right. The economy is not doing well and virtually everyone is struggling to make ends meet. Cash has become scarce and inflation is …
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BK Group Plc investors are set for an early Christmas gift after the board approved an interim dividend payout of KES1.05 per share. The dividend disbursement will be made just …
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Digify Africa, a youth-led organization at the forefront of shaping Africa’s digital future, has rolled out an online training program to boost digital literacy levels among the youth in Kenya. …
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Real estate investment is one of the myriad ways that you can use to create wealth. Wealth grows through compounding, which means putting money into something with the expectation of …
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HMD Global, the home of Nokia phones, today launches the new Nokia C32, the first smartphone in the popular C-series range with a 50MP camera, bringing advanced imaging to an …
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Sarova Hotels and Resorts in collaboration with One Above hosted the Outbound Tour Operators Association of India (OTOAI) Convention being held until the 27th of November in the country. The convention …