The Stanbic Bank Kenya PMI slid back into negative territory at the end of the third quarter, as firms saw a sharp contraction in new orders following a brief respite …
Absa Bank Kenya PLC has announced the re-introduction of a China Desk to offer tailor-made solutions to the growing community of Chinese investors and businesspeople operating in Kenya and the …
BK Group Plc has launched private banking services for its high-net-worth individuals, setting new standards for the region’s banking industry. The Rwanda Stock Exchange and Nairobi Securities Exchange-listed lender’s private …
Old Mutual Investment Group has urged trustees to Integrate Environmental, Social, and Governance (ESG) considerations in their investment decision-making processes to foster responsible investing and promote long-term value creation. The …
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 …
In a growing concern within Kenya’s poultry industry, farmers are facing substantial losses due to the proliferation of illegal hatcheries and breeder farms, resulting in alarming mortality rates among day-old …
Family Bank has today unveiled an exclusive woman banking proposition dubbed ‘Queen Banking’ and set aside KES 50 billion kitties for the next 2 years to cater to the diverse individual and …
Kenya Consumer Organization (KCO) is gravely concerned about the alarming conditions prevailing in many slaughterhouses across Kenya. KCO is sounding the alarm on the potential health risks posed by these …
Technology has changed virtually everything within and without the banking sector, within and without Kenya. Initially, banks all over the world were dominated by brick and mortar. People visited banking …
OLA Energy Kenya has today officially opened the expanded OLA Energy Buruburu service station which now includes a service center, diverse eateries, a pharmacy, and a convenience store making it …
Kenyan Counties are set to receive Kshs. 7.387 billion Climate Resilience Investment Grants from the Financing Locally-Led Climate Action (FLLoCA) Program. The disbursement comes after a total of Kshs. 979 …
Seiko Epson Corporation has established a new sales company, Epson Middle East FZCO [EME], reflecting the tremendous potential to accelerate expansion in key markets including Africa, Caucasus, Central Asia, the …
As the sun rises on Kenya’s economic landscape, businesses across the country are presented with a golden opportunity to cut costs and contribute to a greener, sustainable future in line …
Superior Homes Kenya has broken ground for the construction of a Ksh 350 million modern roadside stopover complex at Sultan Hamud town along the Nairobi-Mombasa highway that will provide all-in-one safe …
Tatu City and the China-Africa Economic and Trade Chamber of Commerce (CAETC), supported by the Changsha County Government, have joined hands to foster a dynamic collaboration aimed at catalyzing investments …
Transport and logistics firm, Siginon Group has acquired a new food safety system certification (FSSC 22000) for its Siginon Global Logistics Mombasa Tea warehouse after transitioning from the previous ISO …
Seasoned property developer, Mi Vida Homes has sealed a deal with a renowned institutional off-taker for the bulk acquisition of 200 apartments at its affordable housing project dubbed 237 Garden City. …
Stanbic has affirmed its commitment to ensuring a just transition for clients and the community through financing solutions that enable climate adaptation and mitigation sustainably and inclusively. This is in …
The Nairobi Securities Exchange-listed paint firm Crown Paints Kenya today morning partnered with Safaricom Sacco Ltd, in a strategic move as the paint firm seeks more innovative ways of bolstering …
Smallholder Farmers in the dairy and horticulture value chains in Kenya can now access green financing from Faulu Microfinance Bank. This follows the signing of a partnership between the bank …
In the last decade, technology has disrupted countless businesses’ models and the speed of these disruptions keeps growing by the day. According to Forbes, technology has grown exponentially over the …
In a world where uncertainty is a constant companion, protecting your assets and investments has never been more crucial. In pursuing financial stability and security, understanding the intricacies of bonds …
Kenya Orient Life Assurance Limited has received approval from the Retirement Benefits Authority (RBA) to manage NSSF tier II contributions through the Kenya Orient Individual Pension Plan and Umbrella Pension …
Paymentology, the leading global issuer-processor, today announces its partnership with Kenyan Technology Company, Boya. Together with Kenyan Tier 1 Bank, Diamond Trust Bank, and Paymentology, which connects Boya to Visa through …
More than 400,000 Kenyans are living and working in the Gulf Countries, of which 210,000 are in Saudi Arabia according to data released by the Labour Ministry in Kenya. Despite …
LG Electronics (LG) targets to become a smart life solutions company that connects and expands customers’ diverse experiences by 2030. The move will see the company record an estimated global annual …
Leading financial services firm, Zamara Group has announced its Zamara Consulting Actuaries Schemes Survey (Z-CASS) report for the second quarter of 2023. The survey, covering 423 schemes and assets under …
A few months ago, police officers arrested a farmer who had formed a habit of harvesting immature avocados, painting them, and selling them to unsuspecting Kenyans. Currently, stats show that …
On Friday, both online and mainstream media were awash with news that gold had been discovered “by mistake” in Rongo, Migori County by a contractor. People from within and without …
Stima Sacco, to bring services closer to the people, has today launched a new branch in Kisii Town, domiciled at the Waumini Plaza. The opening of the office forms part …
Jambojet has announced the addition of 1 new aircraft to its growing fleet, bringing its total number of aircraft to 8. The aircraft, christened Kozi, will address the surging demand …
Kenyan businesses suffered a marked fall in demand at the start of the third quarter of the year, the latest PMI data by Stanbic Bank showed, as customers continued to …
In a move that’s akin to spreading fairy dust across the nation, Stima Sacco has established branches far and wide. They’ve strategically sprinkled these branches like digital confetti, making sure …
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 …
𝑪𝑺 𝒇𝒐𝒓 𝑾𝒂𝒕𝒆𝒓 𝑯𝒐𝒏. 𝑨𝒍𝒊𝒄𝒆 𝑾𝒂𝒉𝒐𝒎𝒆 presided over the grand opening of the Wilo East Africa Assembling plant in Nairobi. The Wilo Group is a 𝙢𝙪𝙡𝙩𝙞𝙣𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙩𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮 𝙜𝙧𝙤𝙪𝙥 𝙖𝙣𝙙 𝙤𝙣𝙚 …
Kenya’s largest Sacco in asset base and dividends, Stima Sacco, has been ranked as the best in three major categories in a historic annual show in Kisumu City. Stima Sacco …
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 …
The Bank of Kigali has committed to providing Sh17.9 billion worth of loans to farmers and businesses across the agricultural value chain. A portion of the funding will be provided …
Stima Sacco, the largest Sacco in the region in terms of asset base and dividends as per the last financial year, is set to embark on the groundbreaking of a …
Wandile Sihlobo, Chief Economist at the Agricultural Business Chamber of South Africa establishes the importance of the agritech sector and the continent’s role in it, “We have the potential. Now …
Tatu City Limited, Chandaria Properties, M&T Construction, and Steel Structures have commenced the construction of The Link, Kenya’s first Small and Medium Enterprise (SME) warehousing and logistics park with Special …
Land prices for Nairobi’s 18 suburbs stagnated as general demand slowed down in these areas, declining by 0.1 percent in the quarter but growing 1.2 percent in the year. The …
As it warms up in the Northern Hemisphere, Emirates SkyCargo is scaling up its cool chain capacity for perishables, preparing for a busy summer season of weddings and outdoor events. …
Centum Investment Company Plc’s real estate subsidiary has reported a KES1 billion pre-tax profit in the year ended March 31, 2023, marking a major turnaround for the business that reported …
Tatu City Water and Sanitation Company (TATUWASCo) has been recognized as the top-performing private utility company in Kenya for the second year in a row by the Water Services Regulatory …
The latest Stanbic Bank Kenya PMI™ data signaled a stronger downturn in the Kenyan private sector midway through 2023. Output and new orders both declined at faster rates, while inflationary …
How much do you spend on airtime daily? How much do you use in making calls per month? How about data, how much do you spend on purchasing meaningful bundles …
Leading consulting engineering and infrastructure advisory firm Zutari, headquartered in South Africa has officially been launched in the country after receiving registration as a fully licensed company in Nairobi, Kenya. …
Saving in Saccos is the best financial decision one can make for many reasons. Unlike other financial institutions, Saccos offer members a way of accessing credit by allowing them to …
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 …
Kenya, known as the “breadbasket of Africa,” possesses vast agricultural potential, much of which lies unutilized, leading to massive food shortages across the country. Most farmers still rely on organic …
The rising interest rates in the country are expected to attract more investors towards short-term fixed-income investments in the upcoming 3rd quarter of 2023, Old Mutual Investment Group’s (OMIG) Q2 …
The land is a highly sought-after commodity that requires thorough due diligence to ensure that it is legally acquired and the purchaser obtains a valid title. Owning land in Kenya …
Esther Ngomeli, former Deputy CEO and COO for Redhouse Group has announced her exit from the company to establish Zenith East Africa Group, an integrated marketing and communication (IMC) agency …
Centum Investment Company has announced the establishment of the Two Rivers International Finance and Innovation Centre (TRIFIC). This follows the gazettement of the Two Rivers land as a private services-focused …
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 …
A lot has been written about Flutterwave both in the Kenyan mainstream media and social media. Most of the stories written have been not about how the platform works but …
Kenya Airways and UBA Bank Kenya have partnered to give travelers a 15 percent discount for both local and international flights. Valid until June 30, 2023, all Kenya Airways customers …
CFAO Motors has announced its continued sponsorship of the World Rally Championship (WRC) Safari Rally for the third consecutive year. This sponsorship further strengthens Toyota’s commitment to pushing performance limits …
The use of cash in businesses around the country is declining. Millions of customers are making payments for products and services by use of either mobile money or card. As …
LG Electronics commands 60 percent of the OLED TV market by total shipments as of Q1 2023, the latest market research from Omdia shows. Recognizing LGs leadership and the continuing dominance …
Kenya, like many other African nations, is highly reliant on diaspora remittance to prop up its economy. Money sent home by Kenyans living abroad has grown exponentially over the past …
Stanbic Bank Kenya, a subsidiary of the Standard Bank Group, has been selected as a key strategic partner by the Government of Kenya, through the Ministry of Investments, Trade, and Industry, …
Public sector procurement is considered a cornerstone of strategic governance and a crucial pillar of service delivery. When one of Kenya’s leading state corporations, Kenya Electricity Transmission Company Limited, needed …
Bila Shaka has launched a new beer dubbed ‘Capitan’ Lager on the Kenyan market. Combining the rich traditions of brewing with innovative techniques, Bila Shaka aims to revolutionize the local …
At least 30 countries have shown interest to join BRICS and drop the use of the US Dollar. In a major shift of animosity against that dollar, the 30 countries …
This Mother’s Day, to millions of people around the world, is a special day when men and women express their love and gratitude for the incredible women who have nurtured …
Old Mutual Life Assurance Kenya Limited has posted a 23 percent topline growth in Gross Written Premiums to Kes 4 billion in the year ended December 31, 2022. At the …
Newly appointed Absa Bank Kenya Managing Director and Chief Executive Officer, Abdi Mohamed stepped out into the bustling Kawangware and Dagoretti markets to meet customers in a show of the …
Ports Sacco, formerly known as Mombasa Port Sacco, announced today its relaunch as part of its strategic growth plan to empower its members, drive financial inclusion and expand its national …
Mastercard has announced the winners of its second edition of the Women SME Leaders Awards at a virtual ceremony, celebrating the achievements of women-led businesses in 22 categories across multiple …
Britam Holdings Plc (Britam), in partnership with Oxfam in Kenya and global reinsurer Swiss Re, has launched an Index-Based Flood Insurance solution in Kenya to cushion small-scale farmers living along the …
Kenyan companies posted their lowest confidence levels on record in April, the latest PMI survey data showed, as inflation and political unrest led to a sharp fall in customer demand …
Who is Family? Some say family is the person you are related to by blood. Some say family is anyone who is there to hold your hand from nothing to …
Kenya’s largest Sacco in asset-base and dividend payment, Stima Sacco has increased its branch network to 12 with an addition of three new ones. The three additional branches are located …
AFEX, Africa’s leading commodities market player, is proud to announce it has secured first place in the Financial Times (FT) ranking of Africa’s Fastest-Growing Companies in 2023. Since it first appeared …
The African Continental Free Trade Area (AfCFTA) is a key opportunity for Africa to alleviate poverty, drive economic activity, and achieve prosperity for her people, says Standard Bank, a key …
HassConsult has announced results for the Hass property price indices for the first quarter of 2023, showing property prices were static at 0.02 percent. The performance of the market was …
Kijani Ridge, Kenya’s premier residential neighborhood, has launched a campaign dubbed “Chaguo ni Tatu” that rewards new buyers with a car, bonus plot, or cash. Prizes up for grabs include …
Safaricom and the Higher Education Loans Board (HELB) have launched the HELB-M-Pesa Wallet, a financial product for university students. The HELB Mini App will let beneficiaries access their HELB upkeep, …
The promise of greener pastures abroad has led many Kenyans to consider relocating overseas for work and studies. The most popular destination is the US, which is the leading source …
Uber has announced the launch of Uber ChapChap in Kisumu with minimum fares starting at just 150 shillings. “The launch of Uber ChapChap in Kisumu provides a more economical and …
Payments Processing the world over has seen a lot of changes necessitated by technological advancement and the increase in Volumes of transactions. Technology has made it easy for people to …
According to the Ministry of Industrialization, Trade, and Enterprise Development, there are approximately 7.4 million MSMEs in Kenya. The small businesses in Kenya account for roughly a third (24 percent) …
Family Bank has acquired a 20 million shillings loan portfolio guarantee facility from the FSD to increase its loan book to dairy farmers, cooperatives, dairy companies, and input suppliers. The …
Staying and working in the diaspora is always fun and comes with some sense of belonging and prestige. Family members and friends are always happy, and proud and want to …
Increases in purchasing prices as well as tax burdens are among the challenges hitting Kenyan companies hard by increasing their input costs. This is according to the latest PMI survey …
Raila Odinga, the former Prime Minister of the Republic of Kenya loves living large. He is a Luo and Luos love lives and Raila Odinga has never hidden from living …
The official net worth of the Kenyattas is not known. Some stats indicate that the family is worth 100 billion shillings, which is a pure lie because they are richer …
Kenya’s largest Sacco by dividends and asset base, Stima Sacco is targeting to net 30,000 new members with the opening of three more branches across the country this April. Stima …
Uganda has a vast potential for investment opportunities. With a population of over 45 million people and a growing economy, Uganda offers various sectors for investors to explore. If you …
Owning a home is a dream for many people, but the high cost of housing in Kenya can make it seem like an impossible goal. Fortunately, Stima Sacco’s affordable mortgage …
The Kenya Reinsurance Corporation (Kenya Re) has reported a profit after Tax of 3.62 billion shillings for the year ended 31 December 2022, representing a 15 percent growth compared to …
Old Mutual Holdings PLC posted a 216% growth in profit before tax in the year ended December 31st, 2022, to close at a profit before tax of Kes 202 million, …
CFAO Motors Kenya has announced a partnership with Metal Equipment Co. Ltd, which will be the authorized conversion partner for the new improved Safari Landcruiser 79. This marks the first …
Tatu City has announced the completion of the 1 billion shilling final phase of infrastructure development for Kijani Ridge, with underground power, 24/7 water, and tarmacked roads now available throughout …
For all its innovative prowess and potential, the cryptocurrency and digital assets industry remains significantly male-dominated with women players, investors, and leaders being grossly underrepresented. This is further exacerbated as …
FSD Africa, a UK aid-funded specialist development agency, today celebrated a decade of strengthening financial markets across Africa, growing economies, increasing incomes for vulnerable populations, and combatting poverty. FSD Africa …
Britam Holdings has been named as one of the top 50 best-performing brands in East Africa, by Superbrands East Africa, following a consumer survey undertaken by Kantar Research, which evaluated …
Each county will have at least one industrial park dedicated to agro-processing facilities at the end of this year as the national government rolls out a multi-billion agricultural industrialization program …
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