Investment

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 …

Kenya’s wealthy are planning new nationalities as part of their investment activities. Over a quarter of Kenya’s 3,362 dollar millionaires are planning to apply for a second passport or new …

The Co-operative Bank of Kenya CEO Gideon Githeka has received an honorary doctorate of human letters over his contribution to building and growing the cooperative movement in Kenya as well …

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 …

LG Electronics has kicked off a campaign to empower 1,000 entrepreneurs eyeing the fast-growing on-demand laundry market in the next five years. This follows a new partnership between the consumer appliances …

KNEC has contracted 242,406 teachers to administer the 2021 – 2022 KCPE and Kenya Certificate of Secondary Education (KCSE) exams.

Other businesses which are not green- and women-related will receive up to 50 percent of cover. 

TSC hardship allowance varies from one group or grade to another with newly recruited teachers receiving the lowest perk.

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.

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.

The Teachers Service Commission (TSC) has reconsidered its decision on introducing a mandatory fee for teachers undertaking a special type of training. In October 2021, TSC introduced the Teacher Professional …

County governments in Kenya have often presented an avenue where certain individuals win “big tenders”.

Megapipes Solutions Ltd has introduced manufactured treatment facilities used for treating sewage water known as Weholite packaged wastewater treatment plants. The packaged plants, which will be manufactured at the Megapipes …

Kenyan originals have entered the market that has been dominated by the big players for a long time with startups shying away from the sector.

Over the past 2 years since the Covid-19 pandemic started, Africa’s economy has contracted by 2.1 percent, and regional growth is expected to be muted in 2022 compared to 2021. Economic recovery and …

Technically keeps on evolving with each passing day. To many Kenyans, mobile phone is just about making calls and sending texts.

A boda boda rider in Kenya makes about 700 shillings per day. Calculating this against the estimated number of boda bodas in Kenya, the sector generates a whopping 1 billion …

Gross Domestic Product (GDP) is the value of all the goods and services produced by a nation in a given year.

Boda boda is the most common form of transport in Kenya. It is preferred because it is readily available and can access places that vehicles cannot access.

Did you know that at one point Tuskys Supermarket offered to bail out Nakumatt Supermarket?

Most multinationals in Kenya engage the services of PR and marketing agencies to streamline their operations and help in linking them to avenues for amplifying their products and services.

Defaulting on a personal loan occurs when you fall behind schedule in terms of payment as agreed in the loan agreement.

60 of those in gigs said that fluctuation in income from week to week is a cause for frustration.

Looking at how the NSE has been behaving every election year, 2022 might not be different.

Globally, almost all (94 percent) of investors who had tried more than five new investments or investment strategies reported being happy with their finances.

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 …

Many criminals around the world who would not like their financial records tracked have been using bitcoins.

Del Monte employees have fully resumed working after a brief sit-in on January 7, 2022, which the company says was over a “misunderstanding over the outsourcing of third-party laborers. The …

CCI and Max International combined are occupying 60% of Garden City Business Park’s almost 200,000 square feet of lettable space.

Del Monte says the workers went on strike without issuing any notice as is required by the law.

Toyota Kenya has added to their assembly lines with the Hiace CKD line at the Associated Vehicle Assemblers Mombasa. The Automotive sector aims to grow its share of the GDP …

In 2018, a World Bank report concluded that the implementation of a single digital market across the East African Community (EAC) would increase regional growth by 1.6 percent and create …

Toyota Kenya and Ecobank have partnered to offer auto loans to their customers to purchase brand new cars in a deal that will see customers repay their loans within 84 …

Toyota Kenya has introduced the luxurious 3.3 Liter Diesel and 3.5 Liter Petrol V6 engines Land Cruiser 300 series. The series will have three options GX-R, VX-R, and GR-S (Gazoo …

Nairobi Business Ventures (NBV) Plc has reported a half-year Group turnover of 485.3 million shillings turnover, up from 7.62 million shillings posted over a similar period in 2020. The results …

Zamara Group has entered into a Memorandum of Understanding with the Kenya National Federation of Jua Kali Associations (KNFJKA) aimed at driving financial inclusion to the informal sector to enable …

Centum Real Estate Limited has earned 1.1 billion shillings revenue from the sale of houses in the six months ended September 2021. The strong sales helped Centum Real Estate to …

Ten companies from across Africa are embarking on a scale-up project which offers a unique opportunity for mature, highly scaled digital ventures to further their expansion plans through an initiative …

It is Balck Friday and everyone is happy. Despite the fact that the Covid-19 pandemic messed up things, the excitement of Black Friday is stronger than ever. And with Christmas …

Duka is a common term in Kenya. It simply means shop. The term is used to refer to micro-retailers in Kenya who sell goods and services to Kenyans. These micro-retailers …

Microsoft has reaffirmed its commitment to assisting Kenyan financial services providers in their digital transformation by providing specialized Cloud solutions. The commitment is made considering the current operating environment, which …

Absa Bank Kenya PLC has signed a tripartite financing agreement with CMC Motors Limited and Avenue Lease and Rentals to supply 240 vehicles to the National Police Service (NPS) under …

Global electrical test equipment expert, Megger GMBH, working in conjunction with Amotech Africa, Africa’s leading test and measurement solutions provider, is supplying The Kenya Electricity Transmission Company (KETRACO) with high-voltage …

Listed non-bank financial services provider, Sanlam Kenya has sealed a deal to be the underwriting services provider for Letshego Kenya’s insurance arm, covering all the products offered by the microfinancier. The digital …

Sales at small- and medium-sized businesses (SMBs) lagged larger companies by up to 20 percentage points at the peak of the Covid-19 crisis. However, spending has recovered in 2021. According …

Bank of Kigali Group Plc has recorded a 33 percent jump in profit to 4 billion shillings in the nine months ended September, underlining the Rwandan economy’s strong rebound from …

In the latest episode of Connecting Africa, CNN International’s Eleni Giokos explores the role digital transformation will play in unlocking the continent’s vast potential, meeting the business leaders embracing these …

Toyota Kenya has handed over 81 locally assembled Land Cruiser, LC76, and LC79 models to the National Police Service under National Police Service Leasing Program (NPS2). The units, which were …

Motor vehicle distributor, Toyota Kenya has cemented its partnership with a local corporate Avenue Car Hire and Leasing Ltd, by delivering 6 luxury vehicles. The new addition, which is set …

DB Schenker has joined forces with BURN Manufacturing for a social project that will supply modern, commercial cookstoves to the Muungano Wa Wajane women’s group in Kenya. Muungano Wa Wajane …

SBM Bank (Kenya) Limited has announced a Voluntary Employment Separation Scheme (VESS) open to all its interested employees. This follows the approval by the Board of Directors of the implementation …

Del Monte Kenya Limited (DMKL), Kenya’s largest producer of pineapple products and fruit beverages, has been recognized as the Best Exporter in East Africa in 2020, in the Kenya Ports …

Family Bank has expanded its branch network to 93 branches across the country with the opening of a new branch in Isiolo County bringing services even closer to customers in the …

Crown Paints has launched a new generation of environment-friendly, water-proof, and high-efficiency stone imitation paint in the market. The new product targets contractors, quantity surveyors, architects, and homeowners who desire …

Credit Bank plc has entered into a partnership deal with the Kenya Diaspora Alliance through which the bank will provide a bouquet of solutions in order to empower Kenyans living …

Global delivery firm Glovo has partnered with Kenyan supermarket Chandarana Food plus with the intent to link its customers to an ever-expanding portfolio of niche outlets. Speaking during the partnership announcement, Priscilla Muhiu, Glovo’s General Manager for Kenya, said that the move will benefit Chandarana Foodplus customers through enhancing the efficiency of fast delivery service while also positioning Glovo …

The Bank of Kigali PLC has cut the percentage of Covid-19 related loans on a moratorium to 4.1 percent of its gross loans from 47 percent as at the end …

Octagon Africa and SaveApp Group partner to launch a micro-savings solution dubbed Ukonga, a revolutionary platform that enables users to save their spare change for future use. “This solution is …

Since the outbreak of the coronavirus, the hospitality industry has experienced some of the biggest downturns in history. One of the highly affected sectors includes meetings and events, which saw …

While investing in or buying real estate property, one of the biggest risks is that you are also buying the seller’s problem. However, you can avoid future problems by conducting …

The Carole Kinoti Brands are set to hold this year’s Fashion On The Road Golf Tournament that will happen on 27th and 28th August at Muthaiga Golf Club in a spectacular show that will …

Emirates, the Premier Partner and Official Airline of Expo 2020 Dubai, has launched an exclusive offer for Kenyan customers to experience the excitement of the World Expo, the largest-of-its-kind event …

Mi Vida has achieved a major safety milestone after surpassing more than a million work hours without a reportable accident. This hallmark achievement has been attributed to the developer’s strong …

In mid-2019, Actis, a leading investor in growth markets across Africa, Asia, and Latin America, and Shapoorji Pallonji Real Estate, the real estate arm of one of India’s largest construction …

Agriculture stakeholders in Africa have urged governments on the continent to work with the private sector to build resilient food systems to bridge the widening gap in production. Speaking during …

Koa, a fintech firm in Kenya, has partnered with financial services company Britam Asset Managers to help young Kenyans to start saving towards custom goals and access investment services in …

As the eyes of the world turn towards the UAE from October-March for Expo 2020 Dubai, CNN will be an Official Broadcaster for the event, bringing unrivaled coverage to global audiences …

Kenya’s new leading real estate company, Mi Vida, held its second open day event in partnership with Absa Bank Kenya on the 3rd and 4th of July 2021. The event …

Last month, Absa Kenya Bank and property developer Mi Vida Homes announced the introduction of a 25-year mortgage facility targeting middle-income families seeking affordable homes within Nairobi. The partnership will enable Kenyans own 1-2-3 bedroom …

Family Bank bond has raised 4.42 billion shillings, marking a subscription of 147.3 percent, against a 3 billion shillings target with a greenshoe option of 1 billion shillings in its …

Adaptis Capital, a Kenyan Investment Management Company, has today announced its intention to expand its footprint to the US to provide a platform enabling Kenyans to venture into The US …

Absa Bank Kenya has introduced a 25-year mortgage facility targeting middle-income families seeking affordable homes within Nairobi. The proposition seeks to increase mortgage uptake by prospective homeowners, offering options towards …

The Board of Kenswitch Kenya Limited has appointed Ms. Karimi Ithau as Managing Director as the company rolls out its new market direction. Ms. Karimi Ithau is a seasoned professional …

Author: Ciru Okobi – Commercial Director, Garden City By the year 2050, the global population will likely reach nine (9) billion people. Due to household demand and population growth, the …

Amidst the growing trend toward eco-conscious spending and consumption among people who want to pursue more sustainable choices and practices, Mastercard has released its Mastercard Carbon Calculator for Kenya and …

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 …

Family Bank became a fully-fledged commercial bank in May 2007. The Bank is regulated by the Central Bank of Kenya (CBK) and is also regularly inspected using CAMEL ratings which …

In the latest episode of Connecting Africa, CNN International’s Eleni Giokos explores Africa’s agricultural industry, meeting the people and businesses who are adding value to the agribusiness supply chain across …

Mixed-use properties combine commercial, residential, and even industrial spaces into one property. It is a combination of residential and non-residential buildings planned and developed within a city, municipality, and/or state.

Engage BCW has been recognized for excellence in five campaigns in this year’s Africa SABRE Awards. Engage BCW’s won a Gold Sabre award in integrated marketing and  Certificates of Excellence …

Carrefour, owned and operated by Majid Al Futtaim in Kenya, has opened another store at the Garden City Mall — its second on the bustling Nairobi-Thika highway. The new store, …

Last weekend, Mi Vida Homes held its first Open Day Weekend of 2021 to showcase its amazing apartments lined up for prospective buyers. Mi Vida gave Kenyans an opportunity to …

Motor distributor Toyota Kenya has launched the Urban Cruiser in the Kenyan market, the latest SUV in the Toyota Kenya product line-up that will start retailing from KES2.7 million inclusive …

NCBA Bank Kenya PLC has partnered with the Kenya Association of Manufacturers (KAM), to enhance the development of Manufacturing SMEs in the country. The two-year deal will see the lender …

Gulf African Bank and Toyota Kenya have entered into a partnership that will enable the bank’s customers to purchase Hino trucks and buses, and Hilux single and double cab pick-ups …

A man travels the world over in search of what he needs and returns home to find it. Simply put, home is where the heart is. That is why homeownership …

The HOPE Consortium’s World Immunisation & Logistics Summit was opened today by H.H. Sheikh Abdullah Bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation with a call …

Kenyan agency banking startup Tanda is expanding its operations regionally after closing a funding round in February 2021. This expansion drive comes after Tanda secured backing in February 2021 from …

Family Bank has today posted an impressive 1.440 billion shillings Profit Before Tax for the group for the Full Year 2020 against 1.422 billion shillings in 2019, a 1.3 percent …

Family Bank has today officially joined the United Nations Global Compact network underscoring its commitment to undertaking sustainable and responsible business to advance inclusive development. “It gives us great pleasure …

Among the six smartphones that the world’s fastest-growing smartphone maker realme introduced in the Kenyan market, realme C11 seems to have struck a code in the hearts of many Kenyans …

A thousand Ndumberi dairy farmers under the region’s co-operative society are set to access quality fodder to double their milk yield to 30,000 liters per day. Through a fodder financing …

In the latest episode of Connecting Africa, CNN International’s Eleni Giokos explores why Africa’s investment in renewable energy projects is so important for pan-African business growth. Electrification is seen as …

With increasing malnutrition and key nutrient deficiency of zinc, iron, and vitamins in Western Kenya, occasioned by changing diets, a group of farmers are reversing this trend by investing in …

Kenya Breweries Limited has unveiled a Diageo Bartenders Academy whose aim is to upscale, build capacity, and trade engagement to Kenyan bartenders. The Academy intends to train 10,000 bartenders in …

Kenya’s Leading Motor vehicle distributor, Toyota Kenya, adds to their B2C and B2B car segment by launching the Suzuki Vitara Brezza which will retail at 2,677,000 shillings. In Kenya, there …

BURN Manufacturing, the makers of Jikokoa are set to cut the price of their medium-sized Jikokoa by 1,200 shillings from March, making it one of the most affordable on the …

Mastercard and MTN have announced a strategic partnership to enable millions of consumers in 16 countries across Africa to make global e-commerce payments safely and securely. Through a Mastercard virtual …