DECEMBER 9, 2022
BusinessNews

Kenya and South Korea collaborate to generate employment opportunities at Konza

Kenya and the Republic of Korea collaborate in the third year of the Economic Innovation Partnership Programme (EIPP) at Konza Technopolis. Focused on innovation and economic growth, the initiative supports Kenya's Vision 2030 goa...

BusinessNews

Disagreement Arises Between State and Transporters Regarding EAC Vehicle Load Regulation

A dispute emerges between transporters, shippers, and the government over the enforcement of the East African Community Vehicle Load Control Act, 2016, limiting the height of vehicles. Kenya's National Highways Authority is implem...

Business

Uber Introduces High-End Service for Kenyan Market

Explore the future of the taxi industry in Kenya as Uber introduces its premium offering, Uber Comfort. While luxury cars like SUVs and high-end brands may not be in immediate demand, Uber aims to cater to discerning passengers wi...

Business

Ali Kiba’s Media Empire: Crown Media Unveiling and Artist Collaboration Philosophy

Explore Tanzanian icon Ali Kiba's foray into the media world with the launch of Crown Media, featuring Crown TV and Crown FM. Delve into his personal journey, the transformative role of media, and Alikiba's unique artist collabora...

central bank
Business

Kenya’s Central Bank Expands Digital Credit Landscape with 19 New Licenses

Explore the latest development as the Central Bank of Kenya grants licenses to 19 additional digital credit service providers, intensifying competition in the industry. Learn about the regulatory collaboration, consumer protection...

Business

Universal Music Group Acquires Majority Stake in Mavin Global: Key Move in Afrobeats Scene

Learn about Universal Music Group's acquisition of a majority stake in Mavin Global, a leading Nigerian record label founded by Don Jazzy. Explore the strategic partnership, its implications for the Afrobeats scene, and the vision...

Business

Quickmart inaugurates its 60th branch in Narok town

Explore the latest addition to Kenya's retail landscape as Quickmart opens its 60th store in Narok town. Chief Marketing Officer Betty Wamaitha emphasizes the commitment to providing a unique shopping experience, high-quality prod...

BusinessNews

Kenyans abroad remitted a historic amount of Sh60 billion in January

In January 2024, Kenyans in the diaspora utilized the DhowCSD platform for local bond investments, resulting in a record-breaking remittance of $412.4 million (Sh60.15 billion). This marked a 10.7% increase from December 2023 and ...

BusinessNews

Kenyan shilling sees its most significant daily increase in 12 years.

The Kenyan shilling's recent surge against the US dollar, driven by increased investor confidence following a successful Eurobond settlement, marks its strongest performance in 12 years. This appreciation is set to impact import e...

BusinessNews

Government Offers 21,000 Acres for Food Drive

Unlocking opportunities for agricultural investment! The Agriculture and Livestock Ministry opens up 21,000 acres of idle land under the National Youth Service (NYS) and Tana and Athi Rivers Development Authority (Tarda) for comme...

Business

CEOs indicate increased salaries for employees amid talent wars

In the latest survey by the Central Bank of Kenya, CEOs prioritize talent management and reward strategy, signaling an imminent talent war. This shift from a customer-centric approach suggests a focus on talent acquisition and ret...

BusinessPolitics

Henry Rotich, Architect of Kenya’s Inaugural Eurobond, Returns to Witness its Buyback Journey Unfold.

"Henry Rotich, key architect of Kenya's 2014 $2 billion Eurobond, returns to the financial spotlight as President Ruto's senior advisor amid Kenya's reentry into the global bond market. Facing challenges from the Eurobond issued d...

BusinessLifestyle

Surprising Price Shift in Second-Hand Cars as Imports Experience a Decline of Sh26 Billion.

Experience a significant surge in second-hand car prices in Kenya, with costs soaring up to Sh600,000 within the last four months. Factors such as currency depreciation, taxation measures, and global production disruptions contrib...

Business

Kenyan Billionaire John Kibunga Kimani’s Strategic Move: Acquiring 8.6 Million Safaricom Shares Amidst Ownership Shift.

Explore the calculated investment strategy of Kenyan billionaire John Kibunga Kimani, as he becomes a major player in Safaricom's ownership landscape. Discover how local investors, including Kimani, are seizing opportunities amids...

Dr-James-Mwangi-
Business

Equity Bank Kenya Launches Boostika: A Revolutionary Overdraft Facility

Explore the latest financial innovation with Equity Bank Kenya's Boostika, an unsecured overdraft facility empowering account holders to overdraw up to Sh100,000. Enhance transaction convenience, compete with Safaricom's Fuliza, a...

I&M Bank
Business

I&M Bank Expands Presence with Eight New Branches in Kenya: A Step Towards Inclusive and Sustainable Growth

Discover how I&M Bank is driving inclusive and sustainable growth in Kenya with the opening of eight new branches. Explore the bank's commitment to financial inclusion, sustainability initiatives, and personalized banking services...

Kenya-Power
BusinessNews

Kenya Faces Economic Strain as Small Businesses Grapple with Sudden Electricity Price Surge

Discover the economic repercussions in Kenya as small businesses contend with an abrupt 11.6% increase in electricity bills, driven by the Energy and Petroleum Regulatory Authority's tariff adjustment and a surge in the Foreign Ex...

Lizzie Wanyoike
Business

Honoring the Legacy of Lizzie Muthoni Wanyoike: Founder of Nairobi Institute of Business Studies

Remembering the visionary educator Lizzie Muthoni Wanyoike, founder of Nairobi Institute of Business Studies. Explore her impactful contributions to education and hospitality, shaping a legacy that transcends generations. Join us ...

BusinessNews

New KRA Regulations Bring Relief to Kenyan Farmers and Small Businesses

Discover how recent Kenya Revenue Authority regulations exempt farmers and small businesses from electronic invoice obligations, introducing a Sh5 million threshold. Learn about the impact on MSMEs, the new transaction system, and...

afcon
BusinessSports

TotalEnergies AFCON Côte d’Ivoire 2023: SuperSport to Broadcast All Matches Live

Catch the excitement of TotalEnergies AFCON Côte d’Ivoire 2023 with live broadcasts on SuperSport, courtesy of MultiChoice's agreement with New World TV. Explore the global partnerships, extensive coverage, and the anticipation...



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