200 youth in Kisumu took part in ‘Golf Mtaani’ a Safaricom golf outreach programme
Over 200 youth from Kisumu County have today gotten a chance to take a part in a Safaricom Golf Outreach programme dubbed ‘Golf Mtaani’ held at Lolwe Grounds.
...
Coca Cola Foundation partners with AWAK to empower mothers living in urban slums
Over 2500 mothers are set to benefit from an economic empowerment program by the Association of Women in Agriculture, Kenya (AWAK) and The Coca-Cola Foundation....
Evans Amunga a boda boda rider from Kibera has won a house in the Shell promotion
Evans Amunga, a boda-boda rider based in Kibera, has won a three-bedroomed house situated in Kitengela Almond Grove. This was in the just concluded Jaza Raha Na...
CEO Fridays; A chat with Christophe Leloup, the Emirates country manager on the impact of Covid-19
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...
Qatar Airways Privilege Club has adopted Avios as its reward currency
Qatar Airways has announced that the Privilege Club has officially adopted Avios as its reward currency. This opens up a world of new opportunities
for member...
NCBA Group posts Ksh. 10.2 Billion net profit for the year 2021
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 reports a Ksh. 23 Million net profit for the year 2021
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...
Microsoft launches offices for for its Africa Development Centre in Nairobi
Microsoft has launched an office for the African Development Centre (ADC) after three years of operation in Kenya. The facility was officially launched by H.E t...
USIU-Africa, KBA & Serianu partner to train 2,000 youth as cybersecurity experts
USIU-Africa, Kenya Bankers Association and Serianu have partnered in a bid to train 2,000 cyber security professionals in a program known as Cyber Shujaa.
The...
Legally Chubby & TK Lyon among winners in Tusker Nexters competition in Kisumu
The Tusker Nexters Lake region auditions came to a close with three musical talents, and four eSports players selected to represent the region at the national f...
Microsoft launches season 3 of the Game of Learners competition for university students
Microsoft has launched the 2022 season of Africa Development Center (ADC)-sponsored Game of Learners (GOL) competition .
The GOL initiative, now in its third...
Equity Group posts Ksh. 39.17 Billion net profit for the year 2021
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 appointed Imran Manji as their new Head of East Africa
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 signs a product distribution agreement with Hisa Africa Insurance Agency
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...
KCB has turned Ksh. 3 Billion loan to National Bank into Equity
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...
Mobile lenders to reapply for licenses as CBK regulations become become operational
The Central Bank of Kenya has announced the operationalization of regulations that govern mobile money lenders. This was via Legal Notice No. 46 of March 18, 20...
Samsung hosts inaugural device experience partner summit
Samsung Electronics East Africa hosted its inaugural strategic partner summit at Villa Rosa Kempinski Hotel. The event was attended by key Samsung distributors...
Why FX Traders are Switching from MT4 to MT5
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-op Bank reports a 53% rise in net profit to Ksh. 16.5 Billion for the year 2021
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...
Canon appoints Copy Cat Group as a distributor for its products in Kenya
Canon Central and North Africa has today announced that it has appointed Copy Cat group as an authorized distributor for its products in Kenya. The two companie...
Sokowatch to rebrand to Wasoko as it raises Ksh. 14.3 Billion in a series B funding round
Sokowatch has raised Ksh. 14.3 Billion million in Series B funding which was led by Tiger Global and Avenir Growth Capital. VNV Global, Binny Bansal (Co-Founde...
Safaricom Foundation impacts 5,000 children with its diabetes programme
Safaricom Foundation’s Children with Diabetes Programme has impacted about 5,000 children and youth under 21 years old . The program entails early detection an...
Kenya’s Michelle Angawa among winners of the Future Africa Grant for Extended Reality Creators
Michelle Angawa, a film editor XR creator from Kenya, has been announced as one of the finalists of the Future Africa: Telling Stories, Building Worlds program ...
Canon partners with Ishara Mara to launch a Canon Experience Centre in Maasai Mara
Canon has announced that it has launched a Canon Experience Centre in Kenya in partnership with Ishara Mara.
The centre is located at Ishara, a luxury tente...
CIC Insurance Group reports a Ksh. 668.4 net profit for the year 2021
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...
KRA and Keroche Breweries have reached an agreement on a payment plan following a tax dispute
The Kenya Revenue Authority has announced that they have come to an agreement on a payment plan with Keroche Breweries in a tax dispute.
According to the tax...
KCB Group reports a 74% rise in net profit to Ksh. 34.2 Billion for the year 2021
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...
Equity Bank wins two awards at the Visa Awards 2021
Equity Bank has won two awards at the Visa Awards 2021, that is the Visa Top Acquiring Award and the Visa E-Commerce (Acquiring) Award.
The two awards from Vis...
Safaricom appoints Juliana Rotich as the Head of Fintech Integration
Safaricom has appointed Juliana Rotich as the head of its fintech integration solutions. She will be tasked with guiding the company’s financial integrated solu...
Absa Bank Kenya resumes dividend payment as net profit for 2021 hits Ksh. 10.9 Billion
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...
Kenya’s Voline Ogutu among winners in the Netflix African Folktales, Re-imagined competition
Kenya's Voline Ogutu has been announced as one of the six winners in the UNESCO and Netflix African Folktales, Re-imagined competition.
Each winner will rece...
A chat with Paul Muchangi on his golf journey and the impact of Safaricom Golf Tour
When one thinks of golf, most often than not, what comes to mind is that it is an expensive sport that is only open to the well to do. However, that is not alwa...
Joe Ageyo joins Nation Media Group as Editorial Director- Broadcasting
Joe Ageyo a veteran journalist has been appointed the editorial director- Broadcasting at Nation Media Group.
Joe holds an MSC in Environmental Governance fr...
Blueband’s value chain has benefitted over 7,000 canola oil farmers in the Kenyan market
Blue Band has been in East Africa since the 1950s and is even older than
countries like Kenya. Trusted by generations of families, many grew up with Blue Band ...
KBL’s Tusker Nexters Competition begins with Meru leg
Michael Ndegwa, Peter Wakahiu & Kelvin Chebet were among seven winners of the Tusker Nexters Regional Finals in Meru ASK Showground. The seven will now trav...
Moove, a mobility fintech, has raised $105m in a Series A2 funding round
Moove has raised $105 million in an oversubscribed Series A2 round consisting of equity and debt. The round was led by existing investors, Speedinvest, Left Lan...
Stanchart reports Ksh. 9 Billion net profit for the year ended 31 December 2021
Standard Chartered Bank Kenya has reported a Ksh. 9 Billion net profit for the year ended 31st December 2021 which is a 66.2% rise from a similar period last ye...
Fleetsimplify, HydroIQ and Sukhiba among startups selected for Google for Startups Accelerator Africa Class 7
Three Kenyan startups, that is Fleetsimplify, HydroIQ and Sukhiba been selected as participants in the Google for Startups Accelerator Africa Class 7. The se...
Safaricom to utilize Ethiopian Electric Power Enterprise fibre cable as it rolls out services
Safaricom Ethiopia has signed a five-year lease agreement with state-owned power utility Ethiopian Electric Power enterprise (EEP) for fibre cable utilization....
Shashwart Harish and Audrey Gachora emerge as winners at the Safaricom Golf Tour held at Muthaiga
Twelve year old Shashwart Harish and Audrey Gachora emerged as the overall winners of the third leg of the Safaricom Golf Tour junior tournament held at the Mut...
Food startup Kune begins commercial operations, launches app
Kenyan based food startup, Kune, has announced that it has officially began commercial operations with four meal hubs located in strategic locations in Nairobi....
Ministry of Environment & Kenya Prisons partner to produce 12.5 million tree seedlings
The Ministry of Environment and Forestry has signed an MOU with the State Department of Correctional Services to collaborate in the production of 12.5 million s...