Equity Group has announced the appointment of Jonas Mushosho as a Non-Executive Director to its Board. This is following the retirement of Christopher Newson, a...
The Jambojet Board of Directors has confirmed Mr. Karanja Ndegwa as the airline’s Chief Executive Officer and Managing Director effective immediately.
Mr. Nd...
The East African Breweries Limited (EABL) has launched its inaugural Environmental, Social and Governance report. The report provides an overview of the mechani...
Nairobi Gate, a logistics and warehouse Park, has announced the conclusion of a lease transaction with a major tenant, Bolloré Transport and Logistics Kenya. Th...
Emirates has announced that it will receive three more A380 aircraft from Airbus this year, with its last unit on order scheduled to join its fleet in November ...
In Kenya, it is a requirement by the registrar of companies that if you have a registered company, you need to file returns on an annual basis. These returns g...
The Angaza Awards: Women to Watch in Banking and Finance program has opened applications for the 2021 Top 10 Women to Watch list. This year's list will feature ...
The Nairobi Securities Exchange (NSE) has reported a half year Net Profit of Ksh. 77.4 million, a 30% decrease from Ksh. 110.7 million posted in the first half ...
Homeboyz Entertainment's half-year net profit for the period ending on 30th June, 2021 has increased to Ksh. 2.3 million from a net loss of Ksh. 3.8 million rep...
Britam Holdings has posted a profit before tax of Ksh. 647 million in its half-year results for the period ending June 30th, 2021. This is an improvement compar...
TPS Eastern Africa, the umbrella company for the Serena Hotels, has reported a Ksh. 557.3 million loss after tax for the first six months of 2021. This is a 13%...
Liberty Kenya has registered Ksh. 265.1 million in net profit in the first six months of 2021. This is a decline from Ksh. 383.8 million posted in the first hal...
The Standard Group has posted a net loss of Ksh. 61.2 million in he first half of 2021 compared to a net loss of Ksh. 306 million posted during a similar period...
I&M Group has registered Ksh. 4 billion an increase of 33% after tax profit for its 2021 half year financial results up from Ksh. 3.2 billion to Ksh. 4 bill...
A Mastercard Middle East and Africa (MEA) SME Confidence Index has revealed that 74% of SMEs in construction and manufacturing are optimistic about the next 1 y...
Diamond Trust Bank (DTB) has recorded a Ksh. 2.9 billion profit after tax for the half-year ending 30th June, 2021. This is a 16% increase from Ksh. 2.4 billion...
The NCBA Group has registered a Ksh. 7.4 billion profit before tax in its half-year results ending 30th June, 2021. This is a 90% increase compared to Ksh. 3.9 ...
The 2Africa consortium comprised of China Mobile International, Facebook, MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone and WIOCC, has announced the a...
Equity Group has announced that it invested a total of Ksh. 54.3 billion ($496 million) in social impact projects through the Equity Group Foundation in the fir...
African payments company pawaPay, has received a Ksh. 988 million ($9 million) Seed raise. The round was led by UK-based investment fund 88mph, with participati...
Bamburi Cement has posted a net profit of Ksh. 776 million for the first six months ending 30th June, 2021, compared to Ksh. 721 million over the same period in...
Jubilee Insurance has recorded half-year net earnings of Ksh. 4.5 billion. This is a 150% increase compared to Ksh 1.8 billion recorded in a similar period last...
MarketForce, a Kenyan retail distribution platform, has raised an additional Ksh. 11 million ($100,000) in funding, to launch in Nigeria and to scale up operati...
76% of SMEs in food, beverage, entertainment across Middle East and Africa are optimistic about future growth as many regional economies gradually ease social r...
Absa Bank has reported 846% increase in profit after tax to Ksh. 5.6 billion for the period ending 30th June, 2021 compared Ksh. 0.6 billion posted in a similar...
A treasury bond (T-bond) is a medium term to long term security issued by the government. They typically pay interest every 6 months until the bond matures. Tre...
KCB Group has announced that it has acquired Rwandan bank, Banque Populaire du Rwanda Plc (BPR), from Atlas Mara Mauritius Limited and Arise B.V.
The acquisi...
Opibus is a mobility company headquartered in Kenya and which was born out of a research project in Sweden. The company focuses on all-electric conversion kits ...
Retail chain Carrefour has opened a new store at the Southfield Mall in Embakasi as part of its ongoing expansion program. The move aims to bring more communiti...
UAP Old Mutual Group has appointed Ewart Salins, an investment banker, to head its Asset Management unit. Ewart will now serve as the Group's Managing Director ...
Airtel Kenya, a subsidiary of Airtel Africa, has partnered with the Kenya Airports Parking Services (KAPS) to enable Airtel customers conveniently pay for their...
Telkom Kenya has announced managerial changes, appointing Allan Wainaina as Chief Financial Officer (CFO) and Kosi Ali as Chief Operations Africa (COO).
Alla...
Standard Chartered Bank Kenya has announced that it has registered an improved profit after tax of Ksh. 4.8 billion for the half year ended 30th June 2021. Th...
Businesses have decried the high cost of doing business in the wake of the economic challenges brought about by the COVID-19 pandemic. In a meeting themed Reduc...
Mobius Motors has launched the Mobius 3 car model in Kenya. The car manufacturing company founded by Joel Jackson in 2011, has committed to bring robust and rel...
A new survey commissioned by the 2020 Dubai World Expo has showed that 98% of Kenyans believe nations must work together to combat global challenges.
The 202...
Facebook has launched the Marketplace feature to 37 countries and territories in Sub-Saharan Africa. Currently available in Kenya, South Africa, Ethiopia and Ni...
The Carole Kinoti Brands are set to hold this year’s Fashion On The Road Golf Tournament slated for 27th and 28th August at Muthaiga Golf Club.
The event is ...
The Kenya Association of Travel Agents (KATA) and Amadeus East Africa recently announced Kenya’s Travel Recovery and Demand performance for 2021. The announceme...
The Special Economic Zones (SEZ) Authority has launched a web portal to boost communication, transparency and service provision for current and potential invest...
Kenyan customer loyalty startup CashBackApp has raised a Ksh. 52 million ($475,000) pre-seed funding round to help scale its service in Kenya. CashBackApp helps...
Global NGO CARE (Cooperative for Assistance and Relief Everywhere) has launched two pilot programs to deliver crypto-based vouchers to people affected by the CO...
