Treasury acquires a 60% stake in Telkom worth Ksh. 6.09 Billion to make it state owned

Staff WriterOctober 5, 2022

The Treasury has acquired a 60 percent stake in Telkom Kenya from UK-based private equity fund, Helios Investment Partners, for Sh6.09 billion, making the compa...

1 min read

The role of mentorship in achieving economic growth for women entrepreneurs

Staff WriterOctober 4, 2022

Kenya's improvement in the World Economic Forum's (WEF) 2022 Global Gender Gap Index is a strong indicator of women's growing participation in the country's eco...

4 min read

Venture Capital deals in Africa to reach $7.0 billion by end year according to Africa Venture Capital report

Staff WriterOctober 4, 2022

Private capital investment in Africa in H1 2022 saw a total deal volume of 338 deals with a cumulative deal value of US$4.7 billion. There are three main fact...

3 min read

Kenyans are optimistic that a climate disaster will be averted according to a global survey

Staff WriterOctober 4, 2022

The Epson’s second Climate Reality Barometer which was published recently presents fascinating insights into how attitudes are (and are not) changing as the cli...

3 min read

US Ambassador Meg Whitman tours the Mars Wrigley Chewing Gum Factory

Staff WriterOctober 4, 2022

The United States Ambassador to Kenya, HE Meg Whitman, toured the Mars Wrigley chewing gum factory in Athi River in an official visit on Friday. She recognized...

2 min read

William Lawson’s is on the hunt for a new brand ambassador

Staff WriterOctober 3, 2022

William Lawson’s has launched the search for Kenya’s Next Highlander with one lucky Kenyan standing a chance to win the title of Kenya's Next Highlander along w...

1 min read

Blue Band nutrition education campaign has impacted 2 million children

Staff WriterOctober 3, 2022

The Blue Band Nutrition Education Campaign aimed at promoting healthy living has impacted at least 2 million children across 4,800 schools in Western and Centra...

2 min read

IFC invests $30 million in the WIOCC Group as it seeks to improve internet connectivity in Africa

Staff WriterSeptember 29, 2022

IFC has announced a $30 million equity investment in the West Indian Ocean Cable Company Holding Ltd (WIOCC Group). WIOCC Group is a leading digital connecti...

8 min read

Visa launches a football video game to teach people financial skills

Staff WriterSeptember 29, 2022

With the FIFA World Cup™ excitement heating up, Visa has launched Financial Football an educational video game. The game invites football fans to sharpen the...

3 min read

Digital fraud attempts in Kenya drops by 27% in Q2

Staff WriterSeptember 29, 2022

The rate of suspected digital fraud attempts from Kenya in Q2 decreased by 27% compared to the same period last year, while there was a 14% drop globally. This ...

2 min read

Tata Chemicals waives medical fees for children & pregnant women in the Magadi community

Staff WriterSeptember 28, 2022

Tata Chemicals Magadi Company has announced a waiver on medical services for the community in Magadi. This is as a response to the current challenges brought ab...

1 min read

Microsoft pledges support for continuous transformation of Africa’s Financial Services Industry

Staff WriterSeptember 28, 2022

Transforming the Financial Services landscape in Africa will be a critical driver of economic prosperity across the continent, a banking summit has been told. ...

2 min read

Africa Shared Value Leadership Summit to take place on 25th October in Kigali

Staff WriterSeptember 28, 2022

Shared Value Africa Initiative (SVAI) and Shift Impact Africa have partnered with the GSM Association (GSMA), a global institution that represents the telco and...

3 min read

President Ruto nominates Japheth Koome to the position of Inspector General of Police

Staff WriterSeptember 28, 2022

President William Ruto has nominated the current Commandant of the National Police Service College, Kiganjo Japheth Koome to the position of Inspector General o...

0 min read

Kenya’s Hero Bar and Restaurant recognized as one of the best 100 bars in the world

Staff WriterSeptember 27, 2022

Hero Bar and Restaurant, which is part of the Tribe Hotels Group, has been named among the top 100 bars in the world for the second year in a row. The Westla...

0 min read

Equity has emerged as the Best Bank in COVID-19 Response and SME Financing at the 2021 SFI Catalyst Awards

Staff WriterSeptember 27, 2022

Equity Bank Kenya has been recognized by the Kenya Bankers Association (KBA) at the 2021 SFI Catalyst Awards for its efforts in championing sustainable finance ...

2 min read

KUJ to appeal sentencing of TUKO editor Didacus Malowa

Staff WriterSeptember 27, 2022

Didacus Malowa, an editor with digital media house TUKO, was handed a six month jail sentence because of an article that was deemed misleading by a judge. He wa...

1 min read

Kenya Association of Travel Agents cites Ukraine war and rising fuel costs as risks to the industry

Staff WriterSeptember 27, 2022

The Kenya Association of Travel Agents (KATA) held its 42nd Annual General Meeting on September 24, 2022 at the Movenpick Hotel in Nairobi. The event brought...

2 min read

Qatar Airways wins the “Airline of the Year” award by Skytrax for the seventh time

Staff WriterSeptember 27, 2022

Qatar Airways has been named “Airline of the Year” by the international air transport-rating organisation, Skytrax, for an unprecedented seventh time. This ...

3 min read

Nairobi County officials in Sweden as part of African Development Bank sponsored study visit

Staff WriterSeptember 27, 2022

Nairobi County officials are part of representatives from 11 African cities that have begun a visit to two Scandinavian cities to learn about people-centred sol...

1 min read

Meta launches Community Chats for Facebook and Messenger

Staff WriterSeptember 27, 2022

Facebook has indicated that they will start enabling users to start community chats directly from Messenger. They are also planning to expand the chat experi...

1 min read

Emerging artists stand to win Ksh. 500,000 in new Boomplay competition

Staff WriterSeptember 26, 2022

Boomplay has in partnered with Supadrum, to launch a campaign inviting emerging artists across Kenya to show their skills to stand a chance to win various prize...

1 min read

Samsung is attracting gamers with new Tv innovations

Staff WriterSeptember 26, 2022

According to a statistic report by PwC, the market value of social online games in Kenya has been rising from approximately $34 million in 2019 to $55 million i...

3 min read

Sendy partners with Meta in a bid to offer training to SMEs in Kenya & Nigeria

Staff WriterSeptember 26, 2022

Sendy has partnered with Meta through the Innovation Growth Hub (IGHub) to offer free training for SMEs on how to grow their business. Through the Meta Boost t...

1 min read

Deadline for acquiring new ETR devices extended to November 30th

Staff WriterSeptember 26, 2022

The Kenya Revenue Authority has indicated that it has it has pushed the deadline for the acquisition of the new ETR machines from 30th September to 30th Novembe...

0 min read

Back to school has now been made easy with Equity Bank

Staff WriterSeptember 26, 2022

The Back-to-school season can be a hectic period for parents, guardians, and students as they prepare to do their back-to-school shopping and make payments for ...

3 min read

LG has taken gaming experience to the next level with their OLED Gaming Monitor

Staff WriterSeptember 26, 2022

Gaming as we know it has changed, each day comes with new trends, putting developers on their toes trying to catch up with the fast-changing tech world. The cu...

2 min read

Solve Kenya acquires Ksh. 780 Million for onward lending to SMEs

Staff WriterSeptember 23, 2022

Solve Kenya has attracted over Sh.780 million of pre-approved credit lines through its partnership with participating financial institutions to lend to over 100...

1 min read

KCB recognized as the best bank in sustainable finance by Kenya Bankers Association

Staff WriterSeptember 23, 2022

KCB has been named the Best Bank in Sustainable Finance by the Kenya Bankers Association (KBA) in the Sustainable Finance Initiative (SFI) Catalyst Awards. ...

2 min read

KEBS temporarily suspends 10 cooking oils from the market over quality issues

Staff WriterSeptember 23, 2022

Kenya Bureau of Standards (KEBS) has in a letter to retailers indicated that it has withdrawn 10 cooking oils and fat brands from the market. The suspension ...

0 min read

Standard Chartered has partnered with Strathmore University to launch women in tech mentorship program

Staff WriterSeptember 22, 2022

Standard Chartered in partnership with @iLabAfrica-Strathmore University has launched mentorship program targeting women seeking an entry into careers in Cybers...

3 min read

Kenyan TikTokers who are driving inclusivity by promoting sign language

Staff WriterSeptember 22, 2022

The world will be celebrating International Day of Sign Languages on Friday 23 September in a bid to raise awareness around the importance of human rights among...

7 min read

KCB shareholders have approved the acquisition of Trust Merchant Bank SA in DRC

Staff WriterSeptember 22, 2022

KCB Group Plc shareholders have approved the proposed acquisition of the DRC-based lender Trust Merchant Bank SA (TMB) during an Extra Ordinary General Meeting ...

2 min read

Vanessa Nakate, a climate activist among winners of the 2022 Goalkeepers Global Goals Awards

Staff WriterSeptember 22, 2022

The Bill & Melinda Gates Foundation has announced the winners of its Goalkeepers Global Goals Awards. The foundation recognized the work of four remarkable ...

6 min read

How Tecno managed to win the iF Design Award with the CAMON 19 series

Staff WriterSeptember 22, 2022

Nowadays, cutting-edge technology is still the best-selling point for smartphone manufacturers. However, beyond this, differentiated and stylish design is gradu...

2 min read

MentorMe, a mentorship program that seeks to upskill entrepreneurs & job seekers, launched in Kenya

Staff WriterSeptember 21, 2022

MentorMe, a Germany based mentorship programme has been launched in Kenya. This part of a wider initiative to unlock employment and entrepreneurship opportuniti...

2 min read

Enterprise security must haves for 2022

Staff WriterSeptember 21, 2022

As the hybrid working world expands beyond the office boundaries and embraces digital it has increased the number of entry points for cybercriminals to expose d...

4 min read

African Women Impact Fund has been launched with a USD 60 million commitment

Staff WriterSeptember 21, 2022

African Women Impact Fund (AWIF) Initiative’s has been launched with a commitment of USD 60 million. These funds will provide capital to existing women owners a...

4 min read

UN Agencies partners with EABC to train business support organizations on AfCFTA opportunities

Staff WriterSeptember 21, 2022

The International Trade Centre, UN Development Programme and UN Women have partnered with the East African Business Council (EABC) to engage business support or...

2 min read

Samsung has announced a new environmental strategy in an effort to tackle climate chang

Staff WriterSeptember 20, 2022

Samsung Electronics Co., Ltd. has announced its new environmental strategy, a comprehensive effort to join global efforts to tackle climate change. The strateg...

5 min read

CIC Asset Management retains market leadership in unit trusts

Staff WriterSeptember 20, 2022

CIC Asset Management has indicated that it has retained its leading position in unit trusts in Kenya, with a 40.46% market share. The Capital Markets Authority...

2 min read

Jumia opens new warehouse and logistics facility in Nairobi

Staff WriterSeptember 20, 2022

eCommerce company Jumia has announced that it has opened a new integrated warehouse and logistics network facility in Nairobi, Kenya. According to the compan...

1 min read