Sendy, a tech company that builds fulfillment infrastructure for e-commerce and consumer brands has been recognized as one of the World Economic Forum’s “Techno...
Equity Group and the International Finance Corporation (IFC) have signed a partnership agreement in support of the sustainable development of Africa. This will ...
The East African Business Council Board has indicated that In 2020, EAC countries imported goods worth USD.49.2million from the DRC while they exported USD. 584...
Absa Bank Kenya Plc will host its 43rd Annual General Meeting (AGM) virtually on Thursday, May 26 2022 at 10.00 am.
While announcing the results for the fina...
The Embu Coffee Farmers Marketing Agency has received a license from the Capital Markets Authority (CMA) to operate as a coffee broker at the Nairobi Coffee Exc...
The Capital Markets Authority (CMA) has given the go ahead for TransCentury Plc (TC) to undertake a rights issue. The rights will be issued on the basis of five...
In today's hyperconnected world, a bad shopping experience can drive a potential consumer to a competitor. While product and pricing used to be sufficient to se...
Family Bank shareholders have approved a final dividend of Ksh. 0.83 per share for the financial year 2021 amounting to Ksh. 1.1 billion. In the financial year ...
The Central Bank of Kenya (CBK) has released a new report dubbed The Banking Sector Innovation Survey 2021 that has revealed that cyber attacks remain a tangibl...
Uber has announced that it has launched Uber Connect Car for customers wishing to deliver large packages in Kenya.
Kenya will now able to send even larger pa...
The Standard Gauge Railway (SGR) revenue has increased to Ksh. 15.2 billion from passenger and freight services in 2021. The increase in revenue has been attrib...
The Economic Survey 2022 by the Kenya National Bureau of Statistics (KNBS) has revealed that Kenyan employment rates rose slightly in 2021.
The employment ra...
Good intentions can be tough to translate into practical action but that’s what the commercial property sector must do to meet the Global carbon Net Zero target...
Naivas Supermarket plans to open a new branch in Naivasha next week as part of its expansion push in the country.
The new store that will be located at Safar...
The Kenya Bankers Asssociation (KBA), retailers and payment companies have launched a fraud prevention campaign to protect banking customers in various vertical...
South African based VC firm HAVAÍC has announced that it has raised $20 million to invest in early stage tech startups in Africa.
The company announced a th...
The Kenya Electricity Generating Company (KenGen) has announced that it plans to add 400MW of geothermal power to the national grid in the next five years. Acco...
Safaricom has announced that it has appointed Michael Mutiga as the Chief Business Development & Strategy Officer effective 1st May 2022. He replaces Joe Og...
KCB Group PLC has announced that it has launched a new banking subsidiary in Rwanda, BPR Bank Rwanda PLC. The launch follows the merging of KCB Bank Rwanda and ...
Nominations are now open for the 2022 edition of the AWIEF Awards, which celebrate women entrepreneurs in Africa.
The awards are organized by AWIEF (the Afri...
Sanlam and Allianz have announced plans to merge and combine their current and future operations to create the largest African non-banking financial services gr...
Crown Paints Kenya Plc has announced that it has posted a profit after tax of Ksh. 731 Million for the financial year ending 31st December 2021. This is an impr...
Quickmart Supermarket has expanded its branch network by opening a new outlet at T-Mall, on Lang'ata Road as part of its ongoing expansion plan.
The new out...
Safaricom Home Fibre service provides Internet via fibre to homes all over the country in Kenya.
It is available in Nairobi, Nakuru, Mombasa, Kisumu, Eldoret...
Kenya’s minimum wage has been increased by 12% during this year's Labour Day by President Uhuru Kenyatta amid rising inflation and increase in basic goods. The ...
SunKing has raised $260 million in series D funding in a bid to deliver off-grid energy technologies to more people across Africa and Asia.
The latest fundin...
Banking outfit NCBA Group has announced that it has posted a 21.4 per cent growth in profit after tax for the first three months of 2022 to Ksh. 3.4 billion fro...
Safaricom has apparently put in motion plans to protect the privacy of Lipa na M-pesa customers by hiding some of their details when they make payments to merch...
Kenchic has announced its commitment to animal welfare and food safety today, through a number of policy and guideline documents that can be found on the compan...
The Women Entrepreneurs Finance Initiative (We-Fi) has announced a new round of funding under which the African Development Bank’s Africa Digital Financial Incl...
Eden Life, a home concierge services scheduling platform, has announced it has set up operations in Kenya and also acquired Kenyan company Lynk.
Lynk is a fo...
Agri-business company Kakuzi Plc has received a global certification for sustainable water resources management for its Avocado and Blueberry farming operations...
Lofte Kesho has emerged as the overall winners in the Glovo tech startup competition in Kenya. The competition was launched by the company in March this year.
...
The Kenya Association of Manufacturers (KAM) has announced that current CEO Ms. Phyllis Wakiaga will leave the organization at the end of June after 9 years wit...
Telecommunication company, Safaricom, has announced that it has appointed Stephen Kiptinness as Chief Corporate Affairs Officer. It has also announced that long...
East African Breweries plc (EABL) has today announced an interest payment of Ksh. 673.8 million to bond holders of its Ksh. 11 billion medium-term corporate bon...
Bamburi Cement Group has announced a net profit of Ksh. 1.38 billion for the period ended 2021. This represents a 22.2% rise in profitability as compared to th...
Absa Life Assurance Kenya (Absa Life), a subsidiary of Absa Group Limited, has recorded an 84% growth in profit after tax to KES 245 million for the period ende...
SBM Bank Kenya Chief Operating Officer, Amrit Gayan has been named the best Financial Innovator of the Year in the region at the Finnovex Awards. The awards wer...
Bolt the ride hailing app is considering ceasing operations in the Tanzanian market following a new 15% service fee directive by the Land Transport Regulatory A...
Integrated Payment Services Limited (IPSL) which runs the PesaLink payments ecosystem has signed a Memorandum of Understanding (MoU) with Mastercard. This is in...
Jambojet has selected Laminaar Aviation Infotech’s ARMS® Flight Planning System for its flight operations.
ARMS® which provides fully-automated flight planni...
