Jordan Schleck and Aleper Mary are the winners of the fourth and final leg of the 2024 LOOP Safari Gravel Series held Vipingo Ridge in Kilifi County. The Viping...
I&M Group has received the international standard ISO/IEC 27001:2022 certification for Information Security Management Systems (ISMSs) for 3 out of its 5 ba...
Bolt has announced a 10% increase in base fares across all its ride categories.
Following the announcement, all rides booked through the Bolt platform will r...
In Kenya, statistics indicate that over 70% of businesses fail within the first three years. This translates to a about 23.3 percent per year attrition on the i...
The Central Bank of Kenya (CBK) has released the weighted average loan rates for various commercial banks as of July 2024.
The loan data provides a snapshot ...
Safaricom has announced the appointment of James Ludlow as a non-executive director, effective 28 August 2024, for a period of one year. Ludlow replaces Frances...
We live in a world where technology is rapidly evolving, and businesses have to stay ahead of the curve in order to maintain competitiveness and operational eff...
Absa Bank Kenya has reported a profit after tax of Kshs.10.7 billion for the half year ended 30 June 2024. This represents a 29% rise as compared to Ksh. 8.3 Bi...
Binance has announced the expansion of its services in Africa. Users in Ghana, Tanzania, Uganda, and Zambia can now buy and sell crypto assets using mobile mone...
Workpay, a Kenyan startup providing cloud-based HR, payroll, and benefits solutions for businesses, has raised Ksh. 645 million (USD 5 million) in Series A fund...
Human Mobile Devices (HMD) has announced a new partnership with FC Barcelona, as its official global mobile phone partner. The announcement was made through a r...
Rosslyn Riviera Mall has announced its grand reopening after an extensive revamp. The grand reopening offered an array of curated experiences and activities des...
NCBA Group PLC has today announced that it has posted a profit after tax of Ksh. 9.8 billion in its first half of 2024 financial results. This is a 5% increase ...
Mi Vida Homes has launched the sale of its KEZA Laika units, offering one, two and three-bedroom apartments, in Ruaka. The development is the second KEZA projec...
Kim-Fay has secured funding from the Norwegian Investment Fund for Developing Countries (Norfund) and I&M Bank for its new facility at Tatu City. The financ...
Safaricom has announced the final five winners of the Shine Kenya Shinda Mamilii Kama Bingwa campaign. Each winner received Ksh. 1 million, along with an additi...
Standard Chartered Bank Kenya Limited has today announced it has reported a Ksh. 10.2 billion net profit for the for the period ended 30 June 2024. This is an i...
Absa Bank Kenya has indicated that it plans to open over 17,000 agency service outlets across the country in two years.
The first phase of the rollout will see...
Prudential and Google Cloud have announced a partnership to build AI-powered products and applications to enhance customer, agent and employee experiences. Goog...
Qatar Airways has acquired a 25% stake in South Africa’s independent regional carrier, Airlink. The acquisition is a continuation of Qatar Airways' ambition to ...
KCB Group PLC has announced that it recorded profit after tax of Ksh. 29.9 billion for the first half year ending June 2024. This is a 86% increase from the Ksh...
Wegagen Bank has officially launched its international pre-paid Visa card service. The service will enable customers of the Bank, embassy staff, and internation...
Kenya Power has announced that a total of 5.64 million prepaid token electricity customers have updated their meters ahead of the deadline on 31st August.
Th...
Taboola has announced a partnership with Aleph Holding in a plan to expand its operations to serve advertisers and publishers in Africa. With the partnership, c...
I&M Group PLC have announced that they have posted a profit after tax of Ksh. 6.1 billion for the first half year ending 30 June 2024. This is up from Ksh. 5.03...
Ethio telecom has signed a partnership agreement with Visa to introduce the first wallet-based virtual Visa card in Ethiopia. The agreement seeks to enhance the...
Deluxe Trucks and Buses East Africa, the distributors for Ashok Leyland Trucks and Buses in East Africa, has seen a 50% increase in sales since the beginning of...
Bolt has announced a strategic partnership with Hakki Africa, a microfinance company, to provide vehicle financing for drivers on its platform. The partnership ...
Mastercard has partnered with fintech startup Scale, in a bid to accelerate market deployment for fintech companies across Africa and the Middle East. The colla...
PATH has released it's Diversity, Equity and Inclusion annual report which shows significant progress in fostering a representative, equitable, and inclusive ...
Huawei Digital Power East Africa unveiled the 150K series inverter in Nairobi. With this launch, Huawei is set to bring value to partners with its technology in...
BNI Kenya recently held a convention in Naivasha, bringing together over 400 entrepreneurs and business leaders from across Africa and beyond. Attendees were ab...
Kenya Airways has reported a 102% rise in net profit to Ksh. 513 Million for the half year June 2024, this is as compared to the Ksh. 21 Billion loss posted in ...
EUMETSAT, a European meteorological satellite agency, has installed the first of a series of PUMA-2025 receiving stations in Nairobi.
The new infrastructure ...
Kenya Reinsurance Corporation (Kenya Re), has reported a 388% increase in insurance service results from a loss of Ksh. 0.2 billion to a profit of Ksh. 0.6 bill...
Co-operative Bank of Kenya (Co-op Bank) has reported a Ksh. 13 billion net profit for the half-year. This is a 7% jump, compared to Ksh. 12.1 billion reported d...
AGRA is spearheading an initiative to increase potato productivity in Kenya, dubbed Kenya Sustainable Potato Initiative (KSPI).
The initiative is in collabor...
Peak and Dale Group has announced the acquisition of Bean Interactive, a Kenyan marketing agency. Bean Interactive was founded by Martin Kiarie who has been ser...
Citi Hoppa, one of the commuter service providers in Nairobi, has expanded its transportation solutions with the addition of 24 new Isuzu NQR buses. The new fle...
Hunter’s Choice, a whisky brand by Kenya Wine Agencies Limited (KWAL), recently rebranded with a new look and feel bottle. The rebrand was inspired by feedback ...
Qatar Airways has announced an enhancement to its business class service with the introduction of caviar on its menu offering. Starting with 13 routes from 15th...
US Ambassador to Kenya, Meg Whitman, recently toured the Kenya Vehicle Manufacturers (KVM) e-bus assembly line in Thika. The visit highlighted a significant dev...