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Business December 16, 2024

Sanlam Kenya Shareholders Approve KSh 3.25 Billion Rights Issue to Recapitalise Balance Sheet

Sanlam Kenya shareholders approve a KSh 3.25 billion rights issue to repay debts and fund growth. Discover the strategy behind thi...

Business December 16, 2024

Tetra Pak Wins 2024 Sustainable Packaging Award for Paper-Based Barrier Innovation

Tetra Pak’s paper-based barrier material wins the 2024 Sustainable Packaging News Resource Efficiency Award. The innovation cuts...

Business December 10, 2024

Absa Bank Shines in 2024 Banking Awards with Outstanding Leadership and Innovation

Discover how Absa Bank Kenya’s exceptional leadership and innovative strategies secured multiple accolades, including CXO of the...

Business News December 5, 2024

M-Pesa Reaches 34 Million Subscribers: Revolutionizing Financial Services in Africa

Discover how M-Pesa, Safaricom's mobile money service, hit 34 million subscribers in November 2024. Learn about its innovative fin...

Business December 4, 2024

Savannah Clinker Withdraws Bamburi Cement Acquisition Amid Controversy

Savannah Clinker Limited has withdrawn its bid to acquire Bamburi Cement following approval by the Capital Markets Authority (CMA)...

Business December 3, 2024

Safaricom Revamps 5G for Business to Empower SMEs with Faster Internet

Safaricom has enhanced its 5G for Business service to provide SMEs with faster and more reliable internet connectivity, catering t...

Business December 2, 2024

I&M Bank Reduces Interest Rates by 0.75% to Support Economic Growth

I&M Bank has announced a 0.75% reduction in its interest rates, following the Central Bank of Kenya’s (CBK) decision to ...

Business August 19, 2024

NSSF Leverages Technology to Process Benefits Within 24 Hours

The National Social Security Fund (NSSF) in Kenya has implemented advanced digital solutions to process retirement benefits within...

Business News August 9, 2024

State Issues Warning to Sugar ‘Cartels’ Hindering Sector Growth with Court Cases

Agriculture Principal Secretary Paul Rono has urged sugar cartels in Kenya to halt their legal battles, which are stalling sector ...

Business News August 6, 2024

Mobius Motors Ceases Operations in Kenya

Mobius Motors is set to cease its operations in Kenya after shareholders voted for liquidation. A creditors' meeting is scheduled ...

Business News July 29, 2024

Farmers Rejoice as Sony Sugar Settles Ksh306 Million Historic Debt

Sony Sugar clears Ksh306 million in historical debts to farmers, including a government contribution of Ksh181 million and additio...

Business News July 11, 2024

Tanzanian Company Set to Purchase Bamburi Cement for Sh23 Billion

Discover how Amsons Group plans to acquire Bamburi Cement, a major move in East African investment, signaling growth in the region...

Business July 10, 2024

Licensing Delays and Regulatory Gaps Impact Mining Sector

Discover the challenges facing Kenya's mining sector, including regulatory hurdles in permit issuance and concerns over discrimina...

News Politics July 8, 2024

New Bishop Prohibits Fundraisers in Nyahururu

Rt Rev Samson Gachathi, the new Bishop of the ACK Nyahururu Diocese, has suspended all personal harambees, including fundraisers f...

Business News May 6, 2024

Navigating Turbulence: C&G’s Tax Disputes and Strategic Moves

Explore C&G's journey through tax disputes with KRA, strategic acquisitions, and financial strain, offering insights into navigati...

Business News March 27, 2024

Kenya Airways Records First Operating Profit in Seven Years

Kenya Airways celebrates a significant milestone as it reports its first operating profit in seven years, marking a turnaround in ...

Business March 18, 2024

Best online platforms for selling products in Africa Kenya.

Discover the explosive growth of Kenya's e-commerce market, set to reach $6.8 billion by 2025. Driven by increased internet access...

Business News March 13, 2024

Airbnb prohibits the use of indoor surveillance cameras in short-term rentals

Airbnb announces a ban on indoor surveillance cameras in rental properties worldwide, prioritizing guest privacy. The policy chang...

Business February 27, 2024

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 Do...

Business December 15, 2023

8 Entrepreneurship Lucrative Small Business Ideas for Ambitious Teens

Discover the top small business ideas tailored for ambitious teens! From tutoring services to pet care, lawn maintenance, handmade...