BUSINESS

busu naturals
BUSINESS

She’s Next Kenya Grant Competition Crowns Busu Naturals the Winner!

The inaugural She’s Next Kenya Grant Competition, a program from Visa designed to empower women-owned businesses, has announced its winners! Busu Naturals, a Kenyan SME creating natural skincare products for…

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Standard Chartered
BUSINESS

2024 is gonna be a very good year, says Standard Chartered

The year 2024 is expected to have challenges for the global economy as growth and inflation slow down in the US and other major economies but there are still opportunities…

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AfCFTA
BUSINESS

AfCFTA to boost trade in Africa as forecasted by Standard Chartered

According to a report by Standard Chartered, the AfCFTA has the potential to boost Africa’s total exports by 29 per cent by 2035, reaching USD 952 billion. This represents an…

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bolt
BUSINESS

NTSA Denies BOLT Operator License After Seeking Renewal

National Transport and Safety Authority (NTSA) has denied BOLT, a taxi hailing company operating license after seeking for renewal. The Estonian firm has been denied renewal of its license owing…

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family
BUSINESS

DigiFarm and Family bank to provide Embu farmers with loans and insurance

Family Bank and DigiFarm have partnered to provide about 1000 farmers in Mbeere North and South sub-counties of Embu county with access to digital credit for inputs and insurance to…

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BUSINESS

The Dollar Plunge, Hoarders’ Fine and Newly Proposed Regulations To Protect The Shilling

Kenyans found hoarding dollars will be liable to a Ksh 10Million fine in newly proposed bill by Rongo Member of Parliament,  Paul Abuor. According to the legislator, the bill will…

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switch your salo
BUSINESS

Switch your salo to Standard Chartered Kenya and stand a chance to win Kshs 100K

Standard Chartered Kenya has announced the launch of a KES15 million prize money Switch your Salo campaign aimed at rewarding new account holders who transfer their salary accounts to the…

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air-france
BUSINESS

Business is looking good for Air-France KLM Group. KQ should borrow a tip.

The Air-France KLM Group Airline, one of the leading players in the global aviation industry, has announced that it expects to reach its pre-pandemic capacity levels by 2024. This is…

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transform
BUSINESS

TRANSFORM by Unilever to fund innovative businesses in Kenya

TRANSFORM, an impact accelerator that unites corporates, donors, investors, and academics, is supporting businesses in Kenya to scale new solutions and overcome global challenges. TRANSFORM is led by Unilever, the…

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kingdom bank
BUSINESS

Kingdom Bank in partnership with Sinapis trains local MSMEs

Kingdom Bank through the KB Growth Hub hosted at least 40 local MSMEs for a training and business consulting clinic in partnership with Sinapis. A social enterprise that empowers MSMEs…

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faulu
BUSINESS

Faulu Microfinance Bank launches a slew of new products for SMEs

Faulu Microfinance Bank which has been serving the Kenyan market for over 25 years, has revamped its product offering to better suit the needs and aspirations of its customers. The…

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large transactions
BUSINESS

It is in banks’ interest for large cash transactions limit to go up, so why are they opposing it?

The government of Kenya through the Cabinet has proposed to amend the law that regulates large cash transactions in the country. The amendment seeks to increase the threshold for reporting…

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Female truck drivers
BUSINESS

Female truck drivers receive support from Isuzu EA and Bamburi Cement

The transport sector in Kenya is undergoing a transformation, thanks to the efforts of Isuzu East Africa (Isuzu EA) and Bamburi Cement. These two companies have partnered to empower female…

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global africa
BUSINESS

Global Africa Business Initiative aims to accelerate and promote business, trade and investment across Africa

The Global Africa Business Initiative (GABI) (www.GABI.UNGlobalCompact.org), the leading platform for promoting investment opportunities and business growth across Africa and the world, will bring together Heads of State and Government,…

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Business Ecosystems Summit
BUSINESS

Kisumu City will host the inaugural Business Ecosystems Summit

Kenya is gearing up for a historic event that will bring together key players from various sectors to explore the opportunities and challenges of building collaborative networks for business growth…

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Ad Dynamo
BUSINESS

Ad Dynamo by Aleph appoints José Gonsalves as MD for East Africa

Ad Dynamo by Aleph, the leading digital advertising agency in Africa, has announced the appointment of José Gonsalves as the managing director for East Africa. Gonsalves will be responsible for…

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The Link
BUSINESS

The Link at Tatu City Paves the Way for Kenya’s Economic Growth

In a groundbreaking endeavor, Tatu City Limited, Chandaria Properties, M&T Construction, and Steel Structures have embarked on the construction of The Link, Kenya’s first Small and Medium Enterprise (SME) warehousing…

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betting
BUSINESS

Your betting addiction is continuing to power the Kenyan Economy

Remember that news headline about Kenya Revenue Authority collecting more than last year’s revenues despite hard times? Well, one reason they were able to do that is because revenue collection…

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Tatu city training academy
BUSINESS

How Tatu City is Building a New Generation of Skilled Workers via their Tatu City Training Academy

Tatu City, the mixed-use urban development in Kiambu County, is not only building a new city but also creating opportunities for the local youth to acquire valuable skills and secure…

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Revenue
BUSINESS

Kenya Revenue Authority (KRA) Achieves Impressive Growth in Revenue Collection Amidst Challenges

The Kenya Revenue Authority (KRA) has shown impressive growth in revenue collection, recording a 6.7% increase in the financial year 2022/2023. Despite facing challenges such as a global economic slowdown…

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BUSINESS

What Your Business Can Benefit from Virtual Numbers?

Phone numbers these days come in so many different kinds. So sometimes, it is quite a challenge to decide what kind of phone system is suitable for one’s business set-up….

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Pan-African Payment
BUSINESS

KCB Group joins Pan-African payment platform to boost trade

KCB Group has signed a deal with the Pan-African Payment and Settlement System (PAPSS) to facilitate cross-border transactions on the continent. The agreement, which was signed in Accra, Ghana on…

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BUSINESS

Sanlam Kenya Set On A Sustained Recovery In 2023

Local non-bank financial services provider Sanlam Kenya projects a return to profit following its sustained business efforts. Sanlam Life Insurance Limited is projected to pay dividends to its shareholder, Sanlam Kenya…

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MPESA in Ethiopia
BUSINESS

Safaricom licensed to operate MPESA in Ethiopia as its annual profit jumps to Kshs 74.5 billion

Safaricom (NSE: SCOM) Telecommunications Ethiopia has today officially been granted the license to operate MPESA in Ethiopia. The license came seven months after the commercial launch of GSM services. The…

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awif
BUSINESS

Three African women receive Grant Funding from Visa’s AWIF

Three women fund managers from Nigeria, Kenya, and South Africa have been selected to receive Visa’s grant funding from the African Women Impact Fund Initiative (AWIF), a collaboration between Standard…

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QR Standard
BUSINESS

CBK has launched a new QR Standard aimed at streamlining payment services in Kenya

The Central Bank of Kenya (CBK) has announced the issuance and implementation of the Kenya QR Standard 2023 (KE-QR Code Standard 2023), which will guide how Payment Service Providers and…

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BUSINESS

KCB Injects Millions Towards Seafarers Under The 2Jiajiri Programme

KCB Foundation and Kenya Maritime Authority have flagged off 400 youth seafarers who are set to commence their studies in the maritime industry. The funds worth Ksh5.25 Million going towards…

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BUSINESS

Why digital remittance platforms have become popular with Kenyans abroad

Digital money transfer services are now the preferred remittance channel for millions of Kenyan migrants living and working in the diaspora, thanks to their online nature that allows migrants to…

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BUSINESS

Air France Increases Frequency of Non-Stop Flights Between Paris and Nairobi

Air France, the French national carrier, has announced an increase in daily non-stop flights between Paris and Nairobi from four up to seven effective 15 June this year. The extension…

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BUSINESS

Faulu Announces New Financing Options for Farm Inputs To Enhance Food Security

Faulu Microfinance bank has today announced a series of new measures aimed at financing farmers to acquire farm inputs for both livestock and crop farming as part of its product…

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