After making its debut in the Kenyan smartphone market in 2020 with a record release of more than six gadgets in the market, realme now has eyes focused on bigger …
Latest in Investment
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Ericsson has announced the appointment of Sena Erten as Vice President and Head of People at Ericsson Middle East and Africa and a member of the market area leadership team. …
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Throughout 2020 and the myriad of challenges brought about by the COVID-19 pandemic, supporting and working with young agribusiness entrepreneurs has been particularly pertinent. According to the Kenya Agribusiness Strategy …
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Toyota Kenya and Rafiki Microfinance Bank have entered an asset financing deal targeting the growing biker community, which will enable the purchase of the Yamaha FZ150 and Yamaha FZ250 street …
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February is officially the month of love. The peak of this month is on February 14. The day is set aside for people to appreciate those that they love and …
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Participants at the “Investment Opportunities in Africa and Understanding Africa Continental Free Trade Agreement” virtual symposium said that traditional bank products limit the potential for small businesses to reap the …
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In the latest episode of Connecting Africa, CNN International’s Eleni Giokos explores how data and technology are transforming transport infrastructure across the continent. First up, Giokos visits the Kenya Standard …
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Pan-African housing development financier Shelter Afrique through its foundation, the Shelter Afrique Foundation, has donated foodstuffs, clothing, books, and other assorted items and equipment in support of Christ Chapel Children’s …
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Unicaf has entered into a two-year partnership with Mastercard to offer it’s premium cardholders 75 percent scholarships for online and on-campus studies at Unicef’s partner universities. Starting the first quarter …
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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 …
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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 …
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BURN Manufacturing marked the sale of 1,000,000 stoves, setting in motion a milestone that will take other players ages to beat. The state-of-the-art energy-saving jiko maker says Kenya’s cleaning cooking …
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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. …
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Credit Bank has been named best Tier 3 Bank, 2020, according to a new customer survey. The Customer Satisfaction Survey, conducted by the Kenya Bankers Association during the pandemic, gauged …
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Online logistics platform, Sendy, and Crediation, a fintech firm based in Nairobi have entered into a financing agreement that will enable riders on the platform to acquire Yamaha motorcycles from …
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In 2014, BURN launched its full first-of-its-kind manufacturing facility in Kenya, where it still remains the only vertically integrated modern cookstove company in Sub-Saharan Africa. The solar-powered facility currently has a …
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Emirates Airline has appointed Christophe Leloup as the new Country Manager for Kenya. The role will see Leloup leading the airline’s operations, customer sales and promotions, cargo and airport operations …
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CNN International’s longest-running feature show, Inside Africa, is heading into 2021 with a new mission to tell stories about up-to-the-minute trends, triumphant accomplishments, and innovative solutions from Africa’s brightest minds. …
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Kenya’s agriculture has beaten the odds of a difficult 2020 to end on a high, having registered one of the best growth trajectories across key segments in a long time. …
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German RPA provider Servicetrace and Kenyan African Elite Group – Tech signed a training services agreement which is aimed at the development and job creation to tackle the most pressing …
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CNN International Commercial (CNNIC) and African Export-Import Bank (Afreximbank) are collaborating on a new long-term initiative to showcase, empower and tell the stories of emerging and expanding businesses – known …
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InvestmentLifestyle
ABC Insurance Brokers Partners With Prudential Insurance To Offer Life Insurance
ABC Insurance Brokers, a part of the ABC Bank & Group, has partnered with Prudential Insurance to offer customers the ABC Kwaheri Plan, a life insurance cover payable in the event of …
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The Kenya Civil Aviation Authority (KCAA) has upgraded its Aeronautical Information Management (AIM) System at a cost of 198.9 million shillings to ensure the timely flow of Aeronautical Information necessary …
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TechnoServe is set to host the 4th Virtual Micro Retail Stakeholder Forum to cement the significance of Micro and Small Businesses in the emerging economies in Sub-Saharan Africa. In partnership …
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Johnnie Walker brand has turned 200 years, cementing itself as one of the longest brands that have maintained the label and taste. The first bottle of Johnnie Walker was sold …
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EntrepreneurshipInvestment
TechnoServe To Host Micro-retail Stakeholders’ Forum On Digital Solutions In Africa
TechnoServe, in partnership with the Aspen Network of Development Entrepreneurs (ANDE), is hosting its 4th Virtual Micro Retail Stakeholder Forum on 9th December with the theme Adopting Digital Solutions to Overcome Key Micro-Retail …
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BIC, the country’s leading stationery brand, launched a new campaign to help educate and promote social distancing for kids. The newly launched “Inspire Kids’ Creativity with BIC Kids” campaign features …
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BAT Kenya has received the 2020 CIO100 Green Edge Award recognizing it as the top company in technology-driven sustainable manufacturing in East Africa. The award comes hot on the heels …
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Revenue Authority (KRA) held an online session to enlighten Kenyans on the implementation of the Digital Services Tax (DST), leaving participants with more questions than answers. The DST is expected …
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Crown Paints and Aspira, a product-financing credit facility have partnered to enable customers to purchase paint and pay in easy installments of up to 12 months. Crown Paints Group Chief …
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Toyota Kenya has introduced two motorcycles, the Yamaha FZ15 and Yamaha FZ25, looking to capture a growing interest from urban commuters. The 149cc FZ15 and 249cc FZ25 are suitable urban …
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Emirates is offering a special roundtrip to Dubai for Business Class and Economy Class for Kenyan passengers who book their flights from between 2 November and 22 November 2020. Travelers …
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Pension Fund trustees and administrators have been urged to adopt good governance practices to ensure effective service delivery, viability, and sustainability of such schemes. Speaking at the official opening of …
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Toyota Kenya launched the all-new Toyota Starlet in the Kenyan market bringing everything one would expect from a compact hatchback: an ideal size to drive everywhere with agility selling at …
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BCW Africa, Brand Leadership, Kantar, and Geopoll announced the launch of the Buy Africa Build Africa initiative to encourages local brands to adopt the approval for ‘made in Africa’ brands …
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Kenya’s leading motor vehicle distributor, Toyota Kenya, launched the all-new multi-utility hatchback model, Toyota Starlet. The model, which was discontinued in the ’90s will start selling at 1,980,000 shillings. The …
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In an interview with CNN’s Richard Quest, the CEO of Safaricom PLC, Peter Ndegwa, outlined how he expects M-Pesa to develop in the wake of the coronavirus pandemic. Speaking on Quest Means Business, …
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Emirates Skywards has marked 20 years with 27 million members worldwide, of which, more than 32,000 are founding members who joined the program in 2000 and are still active. In …
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Toyota Kenya and Co-operative Bank have entered into a strategic financing partnership that will enable the bank’s customers to purchase commercial and personal vehicles under Toyota Kenya’s portfolio, including Toyota, …
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Shelter Afrique has signed a Memorandum of Understanding (MOU) with two Chinese construction firms, Amberton International Holdings, and Sichuan Huashi Enterprise Corporations E.A. LTD. The MOU is aimed at scaling …
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The horticulture industry in Kenya is optimistic about quick recovery as global space slowly opens after the Covid-19 disruption. Export earnings hit KSh72 billion between January and May 2020, up …
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Following the resounding success of the Africa Food Show’s Virtual Edition two months ago, Qatar Development Bank and MIE Groups have joined forces yet again to put together the virtual …
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Carrefour, operated in Kenya by Majid Al Futtaim, is expanding its retail footprint across the country with the upcoming opening of three new Carrefour stores in the nation’s second-largest city, …
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The virtual expo and business matchmaking platform is being organized by the Department of Commerce of Zhejiang Province and Co-organised by Zhejiang Broad International Convention and Exhibition Co. Ltd. This virtual expo will be …
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With the emphasis placed on getting the country’s economy back-on-track during this Covid-19 pandemic, the availability of finance to vital sectors that keep the wheels of the economy turning, such …
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Kenya is set to host Shelter Afrique’s 39th Annual General Meeting (AGM) and annual housing symposium on September 15-17, 2020, marking the fourth time in recent years that Kenya is hosting …
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Emirates says it has returned over US$ 1.4 billion in COVID-19 related travel refunds to date after more than 1.4 million passengers opted to cancel their flights due to Covid-19. …
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British American Tobacco Kenya plc (BAT Kenya) has announced the appointment of Ms. Rita Kavashe, MBS, as the Chair of the Company’s Board, effective 1st September 2020. Ms. Rita replaces …
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Players in the insurance sector have been urged to rethink their predatory pricing strategies as it is hampering the growth of the insurance sector, ZEP-RE Chief Executive Officer Hope Murera has said. Speaking …
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HINO trucks, manufactured by HINO Motors, Ltd., and distributed by HINO Kenya, the commercial vehicle division of Toyota Kenya, have time and again proved to be the multipurpose vehicles for …
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Standard Chartered Bank Kenya has partnered with AMREF Flying Doctors, to offer emergency medical evacuation service to Bank’s clients at preferential rate using a customized client system. Speaking at the …
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Paint manufacturer Crown Paints has renovated Githunguri Police Post in Utawala, Machakos County as part of upgrading the station process to become a full-fledged Muungano police station. The new station …
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Emirates has announced it will resume flights to Geneva (from 15 July), Los Angeles (from 22 July), Dar es Salaam (from 1 August), Prague and Sao Paulo (from 2 August), …
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They say a car is as good as the person owning it. A car is like a human being. It needs to be taken care of. Sometimes it “falls sick” …
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Capwell Industries Limited has unveiled VALYOU packs, three new value pack options containing Wholesome essential foods such as rice, maize meal flour, wheat flour, and vegetable cooking fat amongst others. …
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CG Hospitality, the hospitality arm of CG Corp Global, the first multi-billion-dollar conglomerate from Nepal, announces its re-entry into the rapidly growing East Africa market, with the acquisition of 2 …
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Absa Bank Kenya PLC has announced a new funding line for learning institutions and parents who need to obtain the necessary equipment to enable their children to access lessons on …
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In the past year (12 months), Kenya’s foreign exchange reserves have dropped by 24 percent from $10 billion (an equivalent of 6.4 months of import cover) in May 2019. Central …
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Every economist and investment strategist around us says we’re on the brink of an economic depression. Well, this might be true. It is a tumultuous time, but that doesn’t mean …
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There is no doubt that Covid-19 has redefined the world. The world will never be the same. The ‘normalcy’ as we know it is gone. We are all sailing through …
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HassConsult has unveiled the Hass Land price indices for the first quarter of 2020, showing a marginal retreat for both suburbs and satellite towns over the quarter. Land prices in …
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CNN Worldwide has appointed Rani Raad as President, CNN Commercial, in a new global position to broaden the company’s new business streams and increase the value that CNN provides to …
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As the world continues to battle the fast-spreading deadly Coronavirus that has now claimed over 50,000 lives, global electronics giant OPPO Kenya has joined Kenyans in the fight against the …
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BAT’s US biotech subsidiary, Kentucky BioProcessing (KBP), is developing a potential vaccine for COVID-19 and is now in pre-clinical testing. If testing goes well, BAT is hopeful that, with the …
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Kenya remains an important freighter station for Emirates SkyCargo with 2,000 tonnes of flowers having been airlifted in January this year. Last year, Emirates SkyCargo transported over 46,000 tonnes of …
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Africa is an amazing continent. It is a continent endowed with great natural resources that all other continents only think of. But one thing has always made Africa remain behind …
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The air-conditioning giant Daikin has officially entered the Kenyan market with the promise of shifting the market of air-conditioning in Kenya by granting customers efficiency, durability, and reliability. Daikin is …
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Kenya’s construction industry is projected to grow, as a result of increasing demand for pre-engineered building solutions that reduce construction time and cost. The pre-engineered building solutions have revolutionized the …
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The Maendeleo Ya Wanawake Organization kicked off its Water Project Tanks in a colorful event at Basil, Kajiado County where the Maa women were more than glad to receive the …
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Dow celebrated the progress of its social enterprise, the Project Butterfly™ initiative, in Nairobi, Kenya, by bringing together the local community, entrepreneurs, school children, government agencies, and NGOs, working collectively …
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The Communications Authority of Kenya (CA) held a session with the residents of Nyandarua County to deliberate on the milestones in the ICT Sector and how the county can leverage …
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Oil marketer OLA Energy Kenya (formerly OiLibya) is calling on the Government to lower the cost of doing lubricant business in Kenya. OLA Energy which runs an ISO Certified Lubricant …
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Local traders, farmers, and other stakeholders in the mango sector have launched an association to represent their interest. The association to be referred to as “Association of Kenya Mango Traders …
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National Bank of Kenya and Kenyatta National Hospital unveiled a top-to-bottom makeover of the hospital’s state-of-the-art kitchen, made possible by a generous donation from the Bank. The 25 million shilling …
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The Cabinet Secretary for Trade and Industrialization, Hon. Peter Munya, will on Friday 26th July 2019, preside over the launch of the first-ever international leather and leather products trade fair, dubbed …
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Indian conglomerate Godrej Consumer Products Limited has endorsed its commitment to scaling up its presence in the region with the launch of Valon Body Lotion in Kenya, a first for …
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National Bank is one of the sponsors of the upcoming Afro Asia Fintech festival to be hosted by Central Bank of Kenya (CBK) in partnership with the Monetary Authority of …
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Del Monte Kenya Limited, Kenya’s largest producer and exporter of pineapple products and fruit beverages, has been recognized as the most admired food brand in Kenya, in annual Africa’s Best …
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A new branded content campaign on CNN TV, digital and social media platforms is showing global audiences some of the many ways that Dangote Industries is impacting people in African …
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Nairobi 17 May 2019…Maisha Microfinance Bank scooped the coveted Best Microfinance Bank in Product Innovation at the prestigious Think Business Banking Awards gala held at the Mövenpick Hotel on 17th …
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Kenya’s banking sector is increasingly changing. With more than 42 financial institutions, serving a banking population of slightly above 10 million, Kenyans are in search of a lender that gives …
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Maisha Microfinance Bank is seeking 1 billion shillings that will be used as a capital injection that will cushion it from the new accounting system. According to a statement from …
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Is the hustle of the congested city life taking a toll on you? Are you tired of your landlord and can no longer stand the frustrations of finding parking in …
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Investing in stocks is not always the best and the smartest option. Markets are unpredictable.
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The unemployment rate in Kenya is soaring high. The rate is quoted as being at 39.1 percent. This is the highest rate in East Africa. Institutions of higher learning keep …
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They say that teaching is a noble profession. In fact, we have grown up knowing that teaching is a calling, a true calling from the ‘Man Above’ himself. In most …
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Last Saturday, my friend and I got an opportunity to visit Kikopey, a little-known place between Naivasha and Nakuru, and had the experience of a lifetime that led to the …
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LG East Africa Managing Director Jang-hoon Chung said that the company is committed to delivering the best quality product and product portfolios to the consumer at a market competitive prices.
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Kenya leather sector stakeholders announced the launch of Leather Apex Society of Kenya (LASK) – an umbrella body that brings together associations across the leather value chain in Kenya so …
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Nestlé’s factory in Nairobi has reduced by half the volume of water it draws from Nairobi City Water on a daily basis by implementing a series of cost-effective and easily …
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ARM Cement PLC was recently put under the administration of Muniu Thoiti and George Weru of PricewaterCoopers (PwC). The news came as a shock to many Kenyans including investors and …
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Every electioneering year, Kenya’s economy is always on the receiving end with billions of shillings going down the drain due to political uncertainties. This year alone, Kenya is said to …
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There is no doubt that the economy of Kenya is going through what can be described as an economic turmoil with virtually every sector being on the receiving end. According …
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The World Economic Forum (WEF) has released the 2017 Global Human Capital Report that has indicated that Kenya is performing dismally in the process of developing future skills and enhancing …
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The world is evolving at a higher rate. The dream of a global village has been achieved and realized in terms of communication and traveling around the world. Unfortunately, this …
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The imports of China into the Kenyan market hit 113 billion shillings with the amount having been driven by the purchase of the equipment to build the just concluded Standard …
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The African Development Bank Group has delivered a record US $10.80 billion worth of projects and programs during the year 2016 through the roll-out of its High-5 priorities and the …
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Just a few weeks after President Uhuru Kenyatta launched the first passenger train from Mombasa to Nairobi using the new Standard Gauge Railway in an event that was ruled with …
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Kenya’s economy thrives on small businesses commonly known as SMEs. Statistics show that 90 percent of businesses in Kenya are SMEs which are supporting the livelihood of millions of Kenyans …