Kenya Power reports an improved Ksh. 1.4B net profit for the year ending June 30 2021
Kenya Power has announced that it has registered a Ksh. 1.4 billion net profit for the financial year ending June 30 2021. This is a marked improvement from 939...
Equity receives Ksh. 5 billion from Proparco to support SMEs in Kenya
Proparco has granted Equity Bank two guarantee facilities, ARIZ and EURIZ, totaling Ksh. 5 billion (€39 million). The guarantee facilities are aimed at helping ...
CMA, NSE & KEPFIC sign MoU to support infrastructure investments via capital markets
The Capital Markets Authority (CMA), Kenya Pension Funds Investment Consortium (KEPFIC) and the Nairobi Securities Exchange (NSE) have entered into an agreement...
Liquid Intelligent Technologies partners with Orange to expand connectivity across Africa
Liquid Intelligent Technologies has partnered with Orange to leverage each other's existing networks in Africa. The partnership will also enhance access and opp...
SEACOM acquires 100% stake in Hirani Telecom’s fibre network
SEACOM, a telecommunications service provider, has announced that it has completed the 100% acquisition of Hirani Telecom’s metro fibre network. The network wil...
6 important factors to consider when buying a Tv
Watching TV is part and parcel of our daily routine. Whether you enjoy Netflix and chilling or simply catching up on the latest happenings in the world, a TV is...
Kenyan sprint star Omanyala is the LG sports personality for September
Sprinter Ferdinand Omanyala has been named the LG Sport's Personality for the month for September, 2021.
Omanyala received the recognition following his impr...
Azziad Nasenya is the only East African nominated in the 2021 People’s Choice Awards
Content creator and actress Azziad Nasenya has been nominated for the 2021 America’s E! People’s Choice Awards in the African Social Star Category.
Other nom...
Kenya Leads in Terms of Peer to Peer Crypto Transactions
The cryptocurrency market has been growing rapidly around the world. One of the regions around the world where cryptocurrency trading is growing very fast is Af...
Guinness Hop House 13 set to launch a cooking show dubbed ‘Flavour by Fire’
The Flavour by Fire show powered by Guinness Hop House 13 is a new cooking show that will bring 3 contestants together to battle it out for the Flavour by Fire ...
AfDB to invest Ksh. 1.1 Billion in ARCH Cold Chain Solutions in a bid to boost cold storage & distribution of food in East Africa
The Board of Directors of the African Development Bank (AfDB) has approved an equity investment of Ksh. 1.1 billion ($10 million) in the ARCH Cold Chain Solutio...
15 movies & series you can watch on Showmax this Halloween
Showmax has a wide array of movies and TV shows that you can stream on demand on the platform. These include local and international award-winning TV series and...
OPPO launches OPPO Health, ray tracing & carlink technologies at the 2021 Developer Conference
Smartphone brand OPPO recently held the 2021 OPPO Developer Conference (ODC) under the theme Building A Better Future Together. The company introduced a series ...
RUBiS Energy partners with Kibera Black Stars Association to promote local sporting activities
RUBiS Energy has entered into a partnership with the Kibera Black Stars Association (KBS) with an aim to promote social integration and improve livelihoods with...
Humphrey Kayange makes history as first Kenyan inducted into World Rugby Hall of Fame
Veteran Kenya Sevens Rugby star Humphrey Kayange has been inducted into the World Rugby Hall of Fame.
Kayange becomes the first Kenyan and East African rugby...
Stephen Chege to leave Safaricom to take up role at Vodacom from November 11
Stephen Chege has been appointed as Vodacom Group Chief External Affairs Officer. Chege, who is currently Safaricom's Chief Corporate Affairs Officer, will repo...
Equity Afia opens 3 more medical centres in Machakos, Kiserian & Eldoret
Equity Afia, the medical franchise of the Equity Group Foundation (EGF), has opened 3 more medical centres in Machakos, Kiserian and Eldoret.
The three addit...
CoAmana to host Amana farmer’s market on October 30 at Karura forest
CoAmana, a tech start-up, will host consumers and farmers for the Amana Community Supported Agricultural Day (CSA Day) on Saturday 30th October, at the Karura F...
Hoteliers express optimism for business recovery after Kenya lifts 10pm to 4am curfew
Hoteliers are optimistic that business will peak after President Uhuru Kenyatta lifted the dusk to dawn curfew on 20th October, 2021, describing it as a sigh of...
Absa Bank donates Ksh. 2.9 million to ‘For the Love of Girls’ initiative
Absa Bank has donated Ksh. 2.9 million to a community-based project called For the Love of Girls. The donation is part of Absa's ongoing citizenship programs th...
CBK revokes Tangaza’s license as a payment service provider
The Central Bank of Kenya (CBK) has revoked the operating license of Mobile Pay Limited, operating as Tangaza, as a mobile payment service provider (PSP). CBK r...
MoData partners with IntellectEU to help insurers combat insurance fraud
Digital and finance solutions specialist, MoData, has partnered with IntellectEU, a financial technology company, to help insurance companies across Africa prot...
James Mwangi & Arnolda Shiundu among Kenyans named in the 2021 Meaningful Business 100 list
Four Kenyans have been selected for the 2021 Meaningful Business 100 (MB100) list. They include Equity Group CEO, Dr James Mwangi and Kenya Breweries Limited’s ...
EABL corporate bond receives Ksh. 37.9B in applications, a 345% over-subscriptions
East African Breweries PLC (EABL) has announced that it received applications for Notes amounting to Ksh. 37.9 billion for its Ksh. 11 billion Medium-Term Note ...
Standard Bank, Citi, Norfund & CDC Group provide Ksh. 8B loan to Greenlight Planet Kenya
The Standard Bank, Citi, CDC Group and Norfund have partnered to provide a Ksh. 8 billion (USD 75 million) sustainable finance loan to Greenlight Planet Kenya, ...
Investors can now conduct day trading on the NSE
The Nairobi Securities Exchange (NSE) has received approval from the Capital Markets Authority (CMA) to begin day trading. Investors on the NSE can now buy and ...
Facebook launches 2021 ‘My Digital World’ program to meet digital literacy needs in Africa
Facebook has launched the 2021 edition of My Digital World literacy program. The program which is accessible across Sub-Saharan Africa, is designed to provide y...
Carrefour announces Friday customer discounts of up to 60% starting November 3
Retail chain, Carrefour, has launched this year's edition of Carrefour Friday offers. Carrefour Friday is an annual shopping experience that will take place fro...
Avenue Car Hire and Leasing company adds 6 Toyota vehicles to its portfolio
Avenue Car Hire and Leasing company has receives 6 additional luxury vehicles from Toyota Kenya. The additional vehicles have cemented Toyota's partnership with...
Faulu launches new app to help it to reach 1 million customers
Faulu Microfinance Bank has launched a new digital banking app called Faulu DigiCash App. The new app will allow Faulu's retail and business clients to access c...
The 2021 Mandela Remembrance Walk & Run slated for Sunday 5th December
The annual Mandela Remembrance Walk and Run (MRWR) is returning this year, as more countries increasingly continue to vaccinate their citizens. This year's Reme...
Emirates is recruiting 6,000 operational staff to promote accelerated business recovery
Emirates has announced plans to boost its operational workforce by recruiting more than 6,000 staff over the next six months.
As travel restrictions continue...
AfDB launches the PAUSTI Incubation Centre of Excellence at JKUAT
The African Development Bank (AfDB) has launched the PAUSTI Incubation Centre of Excellence (PAUSTI Incubation CoE) at the Pan African University Institute for ...
‘mSwali’, a Kenyan trivia startup has raised a pre-seed funding round to facilitate expansion
Kenyan education-based trivia startup, mSwali, has raised a pre-seed funding round of an undisclosed amount. The startup aims to use the funding to expand its m...
TECNO launches the CAMON 18 smartphone in the Kenyan market
The TECNO CAMON 18 series has been officially launched in Kenya. The launch was held at a media event held at the Movenpick Residences in Nairobi, attended by l...
Mastercard research on female entrepreneurs reveals that social media is the top tool for their businesses
Mastercard has launched a new research in a series of workshops for the Middle East and Africa's female entrepreneurs at the 2020 Dubai Expo.
Held at Expo 20...
Upgrade your workout sessions with the LG Tone Free Earbuds
For you to enjoy your music at the gym, you need good listening devices that have a perfect sound and are healthy to your ears. With the LG Tone Free Wireless E...
Nairobi records the highest increase in prime industrial rents across Africa
Nairobi is the best performing market over the past three years in the prime industrial sector across Africa, recording the highest increase in rents, at 28%, b...
KEMSA lauds Nakuru County for continued partnership in the realization of UHC
The Board of the Kenya Medical Supplies Authority (KEMSA) has lauded the Nakuru County Government for procuring Health Products and Technologies (HPTs) valued a...
Safaricom Foundation sets aside Ksh. 100 million for the third phase of the Ndoto Zetu Initiative
Over 1.2 million people across Kenya are set to benefit from the third phase of Safaricom Foundation’s Ndoto Zetu Initiative. The initiative offers Kenyans an o...
Mizizi Africa Homes expands to Diani in a bid to tap into the high demand for holiday homes
Mizizi Africa Homes has ventured into the coastal real estate market to tap into the high demand for holiday homes as the tourism sector continues to recover.
...
Naana Frimpong has been appointed to the DLA Piper Africa Board
Naana Frimpong, a Litigation and Regulatory partner based in Atlanta, has been appointed to the DLA Piper Africa Board effective 1st September, 2021.
Naana j...