26 companies which were part of the trade delegation organised by Equity Group to the Democratic Republic of Congo have committed trade investments worth $1.6Bi...
Ever wanted to invest in a laundromat but just didn't know how to go about it? Well, you are in luck as LG Electronics, Avana Laundromats and Hotpoint have par...
Resolution insurance customers woke up to a rude shock after they got emails indication that their covers had been cancelled. This follows the collapse of the i...
Telkom, Safaricom, and Airtel have today announced the interoperability of their mobile money service platforms. This will allow Kenyans to make mobile money pa...
Insurance is a product which in my opinion is a must have, however, its uptake has been very low with the Central Bank of Kenya reporting that by the end of 202...
Standard Chartered Bank (Stanchart) has partnered with Sightsavers and Light for the World for the next two years to upscale the ‘Futuremakers Inclusive Employa...
NCBA bank partners with AMREF Flying Doctors in a bid to offer discounts to customers using air ambulance and ground evacuation medical emergencies.
The one-ye...
I&M Group PLC has reported a 3% growth in profit after tax to Ksh. 8.6 billion, this was as compared to Ksh. 8.4 billion for the same period in 2020.
The...
Daikin Industries, the world’s largest maker of air conditioning equipment, has launched its operations in Kenya as part of its global strategy to increase foot...
With over 26 years of experience in the airline industry, Leloup first joined Emirates in 2012, taking on the role of Area Manager in Côte d’Ivoire and overseei...
NCBA Group Plc has reported a KSh 10.2 Billion net profit for the financial year ended 31st December 2021. This is a increase of 121.7% from the Ksh. KSh 4.6 Bi...
Natbank Trustee and Investment Services Limited (Natbank), a wholly owned subsidiary of the National Bank of Kenya Limited, has announced a profit after tax of...
Equity Group recorded net profit growth of 98 percent to Ksh39.17 billion from Ksh19.78 billion the previous year.
This rise in profitability was on the bac...
Uber has announced the appointment of Imran Manji as their new Head of East Africa. He will be responsible for Uber’s business strategy and growth across the re...
Absa Life Assurance Kenya (ALAK), an Absa Group subsidiary, has signed a product distribution agreement with Hisa Africa Insurance Agency.
Hisa Africa is a rep...
The KCB Group has converted a Sh3.45 billion long-term loan it had given to National Bank of Kenya (NBK) last year into equity. This is meant to enable NBK to m...
Today, many forex brokers prefer Metatrader 5 and easily abandon its predecessor. What is the reason why many traders switch from MT5 to MT4? Do experienced tra...
Co-operative bank has posted a 53% rise in their net profit to stand as Ksh. 16.5 Billion as compared to Ksh. 10.8 Billion for a similar period last year.
Th...
CIC Insurance Group has reported a net profit of Ksh. 668.4 Million for the year ended 31st December 2021 as compared to a net loss of Ksh. 296.8 Million for th...
KCB Group Plc has reported a Ksh. 34.2 Billion net profit for the year ended 31st December 2021. This was a 74% rise in profitability as compared Ksh. 19.6 Bill...
Absa Bank Kenya PLC has reported a net profit of Ksh. 10.9 billion for the year ended 31st December 2021. This marks a 161% rise in profitability as compared t...
Safaricom has announced that M-PESA now has over 30 million customers using the mobile money service every month in Kenya.
The milestone comes a few days aft...
The KCB Foundation has announced its support for the conservation of Tana River and has made an initial investment of Ksh. 5 million.
The KCB Foundation has ...
IFC has today announced that it will invest Ksh. 228 million (USD 2 million) to support tech startups and women entrepreneurs in East Africa.
IFC will invest...
BasiGo has today flagged off the first electric buses in the country for passenger use in partnership with CitiHoppa and East Shuttle transport companies.
Ba...
Kenya's agritech startup Agrotech+, has been named among winners in the Africa AgTech & Inclusive Insurance Challenge 2022 by the Global Index Insurance Fac...
Unity Homes has announced that it has launched its third housing project at Tatu City and it plans to build 1,200 houses.
Unity Homes plans to accelerate th...
Lipa Later has announced it will be offering all new mums at the company 6 month paid maternity leave effective April 1st 2022. Lipa Later announced the benefit...
East African Breweries Plc (EABL), and its flagship brand Tusker, have launched a year long campaign to celebrate 100 years of existence across East Africa.
...
Equity Group has announced that it launched a Ksh. 678 billion stimulus package to accelerate economic recovery in Eastern & Central Africa.
The stimulus...
Stanbic Bank Kenya has opened a new branch in Kisumu and has also signed an MOU with the County Government of Kisumu in a bid to contribute to the growth and de...
Stanbic Bank Kenya has signed an import financing partnership with two leading motor vehicle importers in Kenya, MHH International Limited and World Navi Compan...
Kenya Breweries Limited (KBL) has officially launched its new logo, as a part of the company’s centenary celebrations.
The new logo symbolizes 100 years of ...
Jubilee Holdings has purchased an additional 10 percent stake in submarine fibre optic cable project Seacom for an undisclosed sum. This raises its ownership ...
Kenyan telecommunication company, Safaricom, has won 2 Global Mobile Awards at the Mobile World Congress 2022 (MWC 2022).
Safaricom won a Global Mobile Award...
Stanbic Holdings has announced that it has registered a profit after tax of Ksh. 7.2 billion for the year ended 31 December 2021. This represents a 39% increase...
KCB Bank has been named the Best Sustainable Bank in Kenya by the International Business Magazine for its efforts in driving and ensuring the adoption of sustai...
M-KOPA Solar has raised $75 million in its Growth Equity round. Investors who took part in the funding round include Generation Investment Management, Broadscal...
Branch International, a digital lender has acquired Century Microfinance Bank in its latest expansion drive. With this move, it becomes first digital lender to ...
Land O’Lakes Venture37 through the Trade of Agriculture Safely and Efficiently (TRASE) project has signed an MoU with the Fresh Produce Consortium of Kenya (FPC...
A new research by Standard Chartered titled Future of Trade 2030: Trends and markets to watch projects that global exports will grow by 70% from USD 17.4 trilli...
Coca Cola has announced a Ksh. 4 million sponsorship towards this year’s edition of Magical Kenya Open scheduled to take place from March 3rd to 6th at the Muth...
