Staff Writer

Qatar Airways’ plane with special FIFA World Cup Qatar 2022 livery lands in Nairobi

Staff WriterMay 27, 2022

Qatar Airways, which is the official partner and Airline of FIFA has unveiled a specially-branded Boeing 777 aircraft painted in FIFA World Cup Qatar 2022 TM l...

KEBS partners with inABLE to ensure digital products and services are accessible to Persons with Disabilities

Staff WriterMay 26, 2022

The Kenya Bureau of Standards (KEBS) in partnership with inABLE has launched their first-ever standard that is targeted towards Persons with Disabilities. ...

KCB Group reports Ksh. 9.9 Billion for the first quarter of 2022

Staff WriterMay 26, 2022

Kenya Commercial Bank Group has reported a Ksh. 9.9 Billion net profit for the first quarter of 2022. This represents a 54.6 per cent rise from Ksh. 6.4 Billion...

Co-op Bank’s net profit rises by 65.7% to Ksh. 5.8 Billion in Q1 2022

Staff WriterMay 26, 2022

Co-operative Bank of Kenya has reported a Ksh. 5.8 Billion net profit for Q1 2022, this represents a 65.7% increase in profitability as compared to Ksh. 3.5 Bil...

FIFA World Cup Trophy arrives in Kenya for a two day tour courtesy of Coca-Cola

Staff WriterMay 26, 2022

The FIFA World Cup Trophy has arrived in Nairobi accompanied by FIFA officials and Juliano Belletti, the football legend appointed by FIFA for the tour. The...

Absa Bank reports a Ksh. 3 Billion net profit a Q1 2022

Staff WriterMay 25, 2022

Absa Bank Kenya PLC has reported a net profit of Kshs.3 Billion for the quarter ending 31 March 2022, this represents a growth of 22% as compared to a similar ...

Little the taxi hailing app ventures into logistics in a diversification bid

Staff WriterMay 25, 2022

Little, the taxi hailing app has announced that they will be venturing into the logistics market. According to a statement by the CEO, Kamal Budhabhatti, devel...

Uber hits 1 Million rides milestone across its African markets

Staff WriterMay 25, 2022

Uber has announced that it has completed 1 billion rides across all its markets in Africa. This feat translates to over 10 billion kilometers in terms of distan...

IFC partners with NMG and KPMG for the 2022 Top 100 Awards

Staff WriterMay 25, 2022

The International Finance Corporation (IFC) has partnered with Nation Media Group’s (NMG’s) Business Daily and KPMG for the upcoming Top 100 SME Awards, slated ...

Mastercard partners with OPay in a bid to increase financial inclusion in Middle East and Africa

Staff WriterMay 25, 2022

Mastercard and fintech giant OPay have announced a strategic partnership, which marks a significant boost for wider financial inclusion and economic prosperity ...

Faulu Bank launches new contactless cards with improved security features

Staff WriterMay 24, 2022

Faulu Microfinance bank has launched its new contactless card which now allows its users to tap and pay on the go. The card that was rolled out today, will be a...

I&M Group net profit for Q1 2022 grows by 44% to Ksh. 2.7 Billion

Staff WriterMay 24, 2022

I&M Group PLC has reported a 44% growth in Profit after tax to Kes 2.7 billion as compared to Kes 1.9 billion in the same period in 2021. The rise in pro...

Here is what makes the LG Tone Free Earbuds stand out from the competition

Staff WriterMay 24, 2022

Nowadays, people are increasingly dropping the use of the long-wired traditional earphones and adopting the use of earbuds. As a result, so many wireless earbud...

KCB Group has appointed Paul Russo as the new CEO to replace Joshua Oigara

Staff WriterMay 24, 2022

The KCB Group PLC Board has announced the appointment of Paul Russo as the company’s Group Chief Executive Officer (GCEO) effective May 25, 2022. He will repl...

Home refinancing considerations for the post-COVID World

Staff WriterMay 23, 2022

As the world prepares for the aftermath of Covid-19, many people are looking for ways to protect their finances. One option that may be worth considering is ref...

Alyssa Jamal and Aydan Jamal emerged as the winners of the Nyali’s Safaricom Juniors Golf tournament

Staff WriterMay 23, 2022

Alyssa Jamal and Aydan Jamal have emerged as the overall winners of the Nyali's Safaricom Juniors tournament held on Sunday at the par 71 Nyali Country Club. T...

Kailesh Chauhan emerges as the winner of the eighth leg of the Safaricom Golf Tour

Staff WriterMay 23, 2022

Kailesh Chauhan emerged as the overall winner of the eighth leg of the Safaricom Golf Tour held at the par 71 Nyali Golf and Country Club course. Chauhan capi...

Guinness hosts “Black Shines Brightest” party at La Baita Lounge in Upperhill

Staff WriterMay 23, 2022

As the English Premier League draws to a close on Saturday, 21st May, Guinness held an event at La Baita lounge in UpperHill. The event was marked by an elect...

Ascent Rift Valley Fund invests in Valley Hospital in Nakuru

Staff WriterMay 22, 2022

Ascent Rift Valley Fund II LP has acquired a significant equity stake of Valley Hospital Limited located in Nakuru City, Kenya. David Owino, Managing Partner...

Terry Ramadhani Kiunge has been appointed as the KEMSA CEO

Staff WriterMay 20, 2022

The Kenya Medical Supplies Authority (KEMSA) Board has appointed Ms Terry Ramadhani Kiunge as the new Chief Executive Officer at the Authority with immediate ef...

Absa Bank Kenya recognized by the IFC for its energy and water efficiency investments

Staff WriterMay 20, 2022

Absa Bank Kenya has received the International Finance Corporation's (IFC) Excellence in Design for Greater Efficiencies (EDGE) global Certification. This is du...

Autochek acquires Morocco’s KIFAL Auto as it expands to North Africa

Staff WriterMay 19, 2022

Autochek an online e-commerce platform has acquired Morocco’s KIFAL Auto for an undisclosed amount, marking the entry of the vehicle marketplace into North Afri...

Hisa App has been selected to join NVIDIA Inception, a program designed to nurture startups

Staff WriterMay 19, 2022

Hisa App, a mobile investment platform has announced that it has been selected to join NVIDIA Inception. This is a programme designed to nurture startups revolu...

CDSC reverses move to introduce Ksh. 100 account maintenance fee after public outcry

Staff WriterMay 18, 2022

In a statement, the Central Depository and Settlement Corporation (CDSC) has reversed its earlier move to introduce a Ksh. 100 per month account maintanace fee....

HMD Global launches Android 13 Developer Preview Program for Nokia X20

Staff WriterMay 18, 2022

HMD Global, the home of Nokia phones, has revealed that the Android TM 13 Developer Preview Program is live on the Nokia X20. It is expected to enable applicati...

Zuri Health raises Ksh. 151 Million in a pre-seed funding round

Staff WriterMay 18, 2022

Zuri Health, a digital healthcare company has managed to raise Ksh. 151 Million ($1.3 Million) in a pre-seed funding round. They attracted investment from DOB E...

Stanchart reports a Ksh. 2.7 Billion net profit for Q1 2022

Staff WriterMay 18, 2022

Standard Chartered Bank of Kenya has reported a Ksh. 2.7 Billion for the first three months of the year. This represent a 16% rise in profitability as compared ...

LG has launched Gram 2022 series of laptops

Staff WriterMay 17, 2022

LG Electronics (LG) has announced the global launch of its 2022 LG gram lineup of premium laptops which features seven new models. The seven include; g...

Absa Bank to sponsor the East Africa Property Investment Summit

Staff WriterMay 17, 2022

Over 300 real estate stakeholders from Africa and other parts of the world will gather in Nairobi on the 18th and 19th of May 2022 for the East Africa Property ...

CDSC to start charging investors Ksh. 100 as account maintenance fee

Staff WriterMay 17, 2022

In a new development, investors at the Nairobi Securities Exchange (NSE) will start being charged a Ksh. 100 monthly charge on their stock market accounts. Thi...

CarePoint, a healthcare startup raises Ksh. 1.1 Billion for expansion across Africa

Staff WriterMay 17, 2022

CarePoint, a technology-driven healthcare startup, has raised $10 million bridge round to accelerate its growth across Africa, as it seeks to make healthcare ac...

Muriithi Gatu and Rohini Shah emerge as the winners of the 7th leg of Safaricom Golf Tour Junior Tournament

Staff WriterMay 16, 2022

Muriithi Gatu a 9-year-old from Limuru and Vetlab-based 12-year-old Rohini Shah have been crowned the overall winners of the seventh leg of the Safaricom Golf...

Twiga Foods launches a Ksh. 1.1 Billion farming subsidiary in a bid to lower food costs

Staff WriterMay 16, 2022

Twiga Foods, a B2B E-Commerce company has launched Twiga Fresh, a new subsidiary that is focused on modern and commercial farming. This is expected to help supp...

Don Riaroh emerges as the overall winner in the Karen leg of Safaricom Golf Tour

Staff WriterMay 14, 2022

Don Riaroh has been named the overall winner of the seventh leg of the Safaricom Golf Tour held at the par 72 Karen Country Club course. Playing off handica...

Jambojet

Jambojet partners with Kenya Tourism Board to launch a campaign in a bid to drive domestic travel

Staff WriterMay 13, 2022

Jambojet has partnered with Kenya Tourism Board (KTB) to launch a 3-month campaign dubbed #NowTravelReady, #TembeaKenya’ to encourage more Kenyans to tour loc...

Safaricom

Safaricom reports a net profit of Ksh. 67.5 Billion for the full year ended March 2022

Staff WriterMay 12, 2022

Safaricom has posted a net profit of Ksh. 67.49 Billion for the full year ended March 2022. According to the telco, this was due to the impact of KES 4.66 Billi...

Boston Consulting Group has released its annual sustainability report

Staff WriterMay 12, 2022

Boston Consulting Group (BCG) has released “A Time to Lead: 2021 Annual Sustainability Report. The firm’s latest report details how BCG is stepping up to respon...

Zamara launches financial literacy programme for schools

Staff WriterMay 12, 2022

Zamara Kenya has announced that it has launched financial literacy programme for parents and teachers to teach them to save for pensions and plan for retirement...

Sankore Pitch Competition Tour for blockchain startups to be held on May 14; Here’s how to apply

Staff WriterMay 11, 2022

The Sankore Pitch Competition Tour will be held on May 14 2022 and is targeting startups building solutions in the blockchain space. The 2nd Edition of the c...

Safari Air Express launches weekly direct flights to Lodwar

Staff WriterMay 11, 2022

Kenyan domestic airline, East African Safari Air Express, has announced that it has launched weekly direct flights to Lodwar, in Turkana County. The direct ...

Sasai Fintech’s digital wallet has secured GSMA compliance approval for merchant payments and bulk disbursements

Staff WriterMay 11, 2022

Sasai Fintech a business of Cassava Technologies, Africa’s first integrated technology company of continental scale, has been awarded the compliance approval fo...

Purple Dot International to set up Ksh. 600 million warehouse facility in Athi River for lights industries

Staff WriterMay 11, 2022

Purple Dot International has announced that it plans to set up a Ksh. 600 million warehouse facility for light industries in Athi River, Machakos County. Pu...