Huawei has released its 2020 Annual Report, indicating a 3.2% rise in net profit to Ksh. 1.08 trillion ($9.9 billion) compared to the previous year. Sales reven...
UAP Insurance has reported a 13% growth in gross premium of Ksh. 10.61 billion in 2020 compared to Ksh. 9.37 billion in 2019, while the net premiums increased b...
The Energy and Petroleum Regulatory Authority (EPRA) recently closed down fuel stations selling low-quality and export bound motor fuels in the local market dur...
Anne Ngatia, Ogilvy Africa's Deputy Managing Partner, will oversee the newly established Strategic Initiatives office. This announcement comes as the network la...
The Safaricom choir will host a virtual Easter concert this Sunday evening for forty-five minutes on NTV and Safaricom’s YouTube Channel as from 8 pm East Afric...
Kenya has hit out at the United Kingdom after London added the it to its coronavirus travel red list. In a statement issued by the Ministry of Foreign Affairs, ...
Kenya has joined The Canada-Africa Chamber of Business as a full member of the 27-year-old organization. The organization is committed to accelerating Canada-Af...
The Association of Insurance Brokers of Kenya (AIBK) has elected Mr. Anthony Mwangi as the National Chairman. He was elected during the Association’s 55th Annua...
A new research from Standard Chartered has unveiled that more than 50% of African companies are delaying their energy transition targets. This delay has left th...
Media company, GroupM, has announced the expansion of its GroupM Academy GradX program to Kenya and Nigeria, with plans to add other markets in the future. The ...
AAR Insurance has released financial performance for the year 2020 that shows the company registered a Ksh. 234 million net profit.
This is a reduction from ...
Emirates SkyCargo has become the first airline cargo carrier in the world to have transported more than 50 million doses of COVID-19 vaccines on its flights. Th...
Airtel Africa has announced the signing of an agreement under which Mastercard will invest Ksh. 1.09 billion ($100 million) in Airtel Mobile Commerce BV (AMC BV...
The Insurance Regulatory Authority (IRA) has issued clarification guidelines on the validity and scope of motor vehicle cover on the matter of driving after cur...
The African Private Equity and Venture Capital Association (AVCA) has released its 2020 Annual African Private Equity Data Tracker report. The report provides d...
Huawei is running a 5-day campaign aimed at giving discounts on various products and services in their Huawei Experience Stores in Nairobi. The Huawei experienc...
Swift Lab is a Kenyan cargo drone company, which specializes in building and operating medium range and medium payload unmanned aircraft. The company was founde...
LG Electronics commercial air conditioning technology has been internationally recognized for its ability to improve indoor air quality. This technology has mad...
IFC, a member of the World Bank Group, has released a new report titled COVID-19 and Women-Led MSMEs in Sub-Saharan Africa: Examining the Impact, Responses, and...
Allianz Africa recently held a webinar on The Digitization of Agriculture Insurance Through Parametric Solutions in partnership with Allianz Re. The webinar was...
NCBA Bank has recorded a decline in its net profit from Ksh. 7.8 billion to Ksh. 4.5 billion at the close of the financial year ended 31st December 2020. This i...
Golden Africa Kenya, a manufacturer of fast-moving consumer goods, has launched an antibacterial multi-purpose washing bar, Super Saba+. According to the compan...
Standard Chartered, as part of its COVID-19 financing initiative, has allocated Ksh. 329 million ($3 million) funding to Devki Group. The funding is part of the...
Kenyan Banking start-up, Tanda, has launched an expansion drive after it secured funding in February 2021 from HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota...
Equity Group has posted a net profit of Ksh. 20 Billion for the full year 2020, this was a 11.6% decline from the previous year.
This drop in profitability w...
Manufacturers have called on the Government to harmonize laws, policies and regulations at the National and County levels, to drive the competitiveness of local...
Safaricom has launched a set of trials for the 5G connectivity technology for its customers. The trial will begin with both individual and enterprise customers ...
Equity Bank has announced its partnership with the Netherlands FMO Development Bank with the signing of a NASIRA loan portfolio guarantee facility. This Ksh. 5....
Absa Bank has reported profit of Ksh. 6.5 billion after tax, a 23% decline compared to a similar period last year. The decline is attributed to the downturn eco...
Digital and transit advertising firm, Digital Mara, has partnered with Kenya Railways to unveil fresh branding on the services offered by Kenya Railways. Brands...
Scangroup has announced the official resignation of Mr. Bharat Thakrar. Mr. Thakrar tendered his resignation as CEO and board member, which the board has accept...
Telkom Kenya has disclosed that it made a Ksh. 300 Million loss while running the National Optic Fibre Backbone Infrastructure (NOFBI) on behalf of the national...
EFG Hermes, a financial services corporation in Frontier Emerging Markets (FEM), has released its full year results for 2020. The firm has registered increase i...
On-demand mobile platform, Bolt, has partnered with Flourish Ventures, a global fintech venture capital firm, to host a webinar on Women and the Gig Economy. Th...
Angama Mara Safari Lodge has announced the appointment of Azei Lago as the new General Manager. The appointment comes following a search that included hundreds ...
Equity Group has signed a Ksh. 11 billion ($100 million) loan facility with the African Development Bank (AfDB), to support its expansion across Eastern and Cen...
Colgate has extended its partnership with with WellBoring, a UK NGO, to drill water wells for provision of clean drinking water to Kenyan communities. The annou...
Youth in Oloitokitok, Kajiado county have benefitted from a Ksh. 32 million funded Youth in Agribusiness program by the Safaricom Foundation. Another 50 young w...
The National Optic Fibre Backbone Infrastructure (NOFBI) is a project which was aimed at ensuring connectivity in all the 47 counties of Kenya. The target was ...
Knight Frank has released the Africa Residential and Office Dashboards to provide real estate stakeholders with regular analysis of rental performance in market...
The African Enterprise Challenge Fund (AECF) has launched a Ksh. 132 million ($1.2 million) Innovation Fund to support new business opportunities in renewable e...
Kenya has launched a Business Regulatory Toolkit to help local SMEs and foreign businesses access legal and regulatory information. The Toolkit will help entrep...
