Visa Foundation pledges to invest Ksh. 21 Billion to support small and micro businesses

Samson NderiApril 8, 2020

The Visa Foundation has today announced a commitment to invest in two programs totaling $210 Million. This is in a bid to support small and micro businesses. ...

1 min read

Safaricom and Vodacom have completed the acquisition of the M-Pesa brand from Vodafone

Samson NderiApril 6, 2020

Safaricom and Vodacom have announced that they have completed the acquisition of the M-PESA brand, product development and support services from Vodafone throug...

0 min read

CMA allows listed companies to pay dividends without holding AGMs due to COVID-19

Samson NderiApril 4, 2020

The Capital Markets Authority (CMA) has announced that it will allow listed companies on the Nairobi Securities Exchange (NSE) to pay dividends without holding ...

2 min read

Resident Doctors at KNH at risk after hospital fails to provide them with adequate protective gear

James WamathaiApril 4, 2020

Resident doctors at Kenyatta National Hospital (KNH), which is the nerve center of the government’s COVID-19 response, are not being supplied with adequate esse...

4 min read

Equity’s investment in fintech pays off as EazzyPay transactions hit Ksh. 15.3 Billion in 2019

Samson NderiApril 4, 2020

Over the past few years, Equity has made strategic investments in fintech with a view of increasing efficiency which has an effect on reducing costs. It is t...

0 min read

Google report shows that Kenyans are social distancing in the COVID-19 crisis

Samson NderiApril 3, 2020

Google has released a new report dubbed Community Mobility Report which uses location data from its users to show where they are during the COVID-19 crisis. ...

1 min read

2 Google Loon balloons arrive in Kenya & are in the air

Staff WriterApril 3, 2020

Two (2) balloons have arrived in the country and are now circling Kenyan airspace a week after the company received cabinet approval to launch its service in Ke...

1 min read

Finnfund invests Ksh. 100 million in e-commerce platform Kasha

Staff WriterApril 3, 2020

Finnfund has announced that it has invested Ksh. 100 million (USD 1 miilion) in e-commerce platform Kasha. Kasha is an e-commerce platform (kasha.co.ke) tha...

2 min read

Safaricom customers can now use Bonga points to pay for goods & servicesds using Bonga Points

Samson NderiApril 3, 2020

Safaricom has launched Bonga For Good, an initiative that will see customers use Bonga Points to pay for essential goods and services. The campaign has been ...

1 min read

Insecure & Kenyan shows KIna & Kovu among new content on Showmax this April

Staff WriterApril 3, 2020

Video on demand service Showmax has added various shows and movies on its platform for the month of April for its customers viewing pleasure. Now that most p...

12 min read

Tatu City opens water and sanitation laboratory

Staff WriterApril 3, 2020

Tatu City has opened a certified water testing laboratory to ensure water quality at the 5,000-acre new city development in Nairobi. The lab is equipped with...

1 min read

Latest CA report shows Zuku leading with the highest fibre customers

Staff WriterApril 3, 2020

Communications Authority of Kenya(CA) has released the latest statistics for the communications sector in the country. The report is based on data provided by s...

16 min read

Minet launch website & USSD code to serve members of the teachers medical scheme

Staff WriterApril 3, 2020

Minet Kenya, the administrator of the Teachers Service Commission (TSC) medical scheme, has launched a website and USSD to serve members of the scheme. The ...

1 min read

NSSF tenant purchase scheme members to make payments via M-PESA

Staff WriterApril 3, 2020

Safaricom and the National Social Security Fund (NSSF) have announced a partnership that will customers on the NSSF Tenant Purchase Scheme make monthly installm...

2 min read

Standard Chartered to give Ksh. 100B in loans to companies helping to tackle Covid-19

Staff WriterApril 3, 2020

Standard Chartered Bank has announced that it will commit Ksh. 100 billion (USD1 billion) in loans to companies that provide goods and services to help the figh...

1 min read

Hemingways Collection commits to retaining employees after suspending operations due to COVID-19

Staff WriterApril 3, 2020

Luxury hotel brand Hemingways Collection has announced the suspension of its operations in its Ol Seki Mara and Hemingways Nairobi properties due to the COVID-1...

1 min read

Britam Holdings announces an improved FY 2019 Ksh. 3.5 billion net profit

Staff WriterApril 3, 2020

Britam Holdings has today announced a Ksh. 3.5 billion profit after tax for the year ending 31st December 2019. This is rapid increase from the Ksh. 2.29 billio...

1 min read

UAP Insurance Kenya FY 2019 net profit rise to Ksh. 1.249 billion

Staff WriterApril 2, 2020

UAP Insurance Kenya has announced a Ksh. 1.249 billion profit before tax for the financial period ended 31st December 2019. This is a 316% increase from the Ksh...

1 min read

Prudential to offer cash benefits to customers diagnosed with COVID-19

Staff WriterApril 2, 2020

Prudential has announced that it will offer its customers cash benefits in addition to other benefits in their existing policies should they be diagnosed with C...

2 min read

Airtel to give subscribers bonus airtime courtesy of the 2% VAT reduction

Samson NderiApril 2, 2020

Airtel has announced that they will offer their subscribers bonus airtime. This move is as a result of the government reducing the Value Added Tax (VAT) to 14% ...

0 min read

Safaricom, Longhorn, Shupavu291 & Viusasa partner to enable digital learning for free

Samson NderiApril 2, 2020

Safaricom has partnered with Eneza Education, Longhorn Publishers and Viusasa to provide free access to educational content for primary and secondary school stu...

1 min read

SME’s with Stanbic Bank loans get relief after being offered a 3 months repayment holiday

Samson NderiApril 1, 2020

During the current economic crisis brought about by the Corona Virus, Stanbic Bank has shown leadership by offering Small and medium sized enterprises a three-m...

0 min read

Peter Ndegwa has become the first Kenyan Safaricom CEO

Samson NderiApril 1, 2020

Peter Ndegwa has taken over as the CEO of Safaricom effective today, he will be taking over from Michael Joseph the founding CEO, who has been holding the posit...

1 min read

Huawei 2019 global revenue increases by 19.1% to USD 122 billion

Richard MureithiMarch 31, 2020

Leading ICT company Huawei Technologies has today released its financial report for the year 2019. The company's global revenue increased by 19.1% in 2019 t...

2 min read

Kenyans can now live stream news on Showmax

Staff WriterMarch 31, 2020

Video on demand service Showmax has added news live streaming on its platform in Kenya. Kenyans can now stream six live news channels on the platform. Showma...

1 min read

Tatu City has planted 10,000 trees in the Kamiti catchment area

Staff WriterMarch 31, 2020

Tatu City and the Kamiti Water Resource Users Association have planted more than 10,000 trees in two years of cooperation. So far in 2020, the environmental...

1 min read

Nokia 2.2 gets Android 10

Staff WriterMarch 31, 2020

HMD Global has announced that the Nokia 2.2 smartphone will get the Android 10 in Kenya. The new update on the Nokia 2.2 makes a total of seven (7) Nokia Smartp...

1 min read

Kenya bans the importation of mitumba

Staff WriterMarch 31, 2020

The Kenya Bureau of Standards (KEBS) has issued a notice temporarily banning the importation of second hand clothes, popularly known as Mitumba, and shoes in Ke...

1 min read

Huawei P40 Pro+, Huawei P40 Pro & Huawei P40 launched

Richard MureithiMarch 31, 2020

Huawei has the new range of smartphones in its headquarters in China, the Huawei P40 Pro+, Huawei P40 Pro and Huawei P40. The series will also come with P40 Lit...

2 min read

Mshwari users get reprieve after NCBA suspends late payment fees for 30 days

Samson NderiMarch 27, 2020

The Corona Virus pandemic has led to a slowing of the economy and in some cases a total shutdown of some businesses like hotels, bars and salons. This has meant...

1 min read

Absa Bank reports net earnings of Ksh. 7.5 Billion for the period ended 31st December 2019

Samson NderiMarch 25, 2020

Absa Bank Kenya has reported a Ksh. 7.5 Billion profit after tax for  the period ended 31 December 2019. The bank’s profit was affected by costs that were as...

1 min read

YouTube to reduce its video quality standard definition for the next one month

Samson NderiMarch 25, 2020

YouTube has announced that it will be reducing its streaming quality for users around the world. This is expected to reduce the bandwidth strain as more people ...

0 min read

Microsoft to suspend optional non security Windows updates

Samson NderiMarch 25, 2020

With people around the world working from home courtesy of the Corona Virus, Microsoft has announced that it is pausing all optional non-security releases for s...

1 min read

Airtel is offering free Internet access to the Longhorn Publishers e-learning platform

Staff WriterMarch 24, 2020

Airtel Kenya has partnered with Longhorn Publishers to offer free internet access, on its network, to enable students continue learning through the Longhorn e-l...

1 min read

EABL commits Ksh. 50 million to produce & distribute hand sanitisers to Kenyans

Staff WriterMarch 24, 2020

The EABL Foundation has committed Ksh. 50 million to fund the production of 135,000 litres of hand sanitisers by two Nairobi-based industries in the fight again...

1 min read

Why Kenyans are struggling with social distancing in the Coronavirus crisis

Lynda ChalkerMarch 24, 2020

We are at a peak when the Government of Kenya alongside experts from all over the world are reinforcing the essence of social distancing. This is in a bid to co...

4 min read

Safaricom partners with matatu operators to collect fares via M-PESA

Staff WriterMarch 23, 2020

Safaricom has partnered with public transport sector players in Kenya to accept cashless payments through M-PESA in the ongoing battle to combat the spread of t...

1 min read

Loon receives cabinet approval to launch in Kenya

Staff WriterMarch 23, 2020

Loon has finally received cabinet approval to launch its service in Kenya. The Google owned company has partnered with Telkom to launch balloon-powered Internet...

2 min read

WhiteCap Lager now comes in a new bottle and a redesigned logo

James WamathaiMarch 23, 2020

Kenya Breweries Limited (KBL) has announced that it has changed the bottle design for its premium beer brand, WhiteCap Lager. WhiteCap Lager is one of the oldes...

1 min read

Tuskys launches home delivery service in partnership with Sendy

Samson NderiMarch 21, 2020

Tuskys Supermarket has launched a home delivery service in partnership with Kenyan delivery platform, Sendy. Through the service customers will be able to order...

3 min read

KBL launches Baileys Delight in Kenya

Staff WriterMarch 20, 2020

Kenya Breweries Limited (KBL) has launched Baileys Delight alcoholic drink in the Kenyan market. The new drink is a variant of the Baileys Original Irish Cream ...

1 min read

Equity Group registers a Ksh. 22.6B net profit for FY 2019

Staff WriterMarch 20, 2020

Equity Group has announced a 14% increase in profit after tax for the period ending 31st December 2019 that grew to Ksh. 22.6 billion from Ksh. 19.8 billion in ...

1 min read