Digital financial services startup Marketforce secures Sh4.6b funding
MarketForce has become the region’s deal of the month after it announced the closing of a Sh4.6 billion Series A round funding.
By Moses Omusolo 2 years ago
Digital financial services startup Marketforce secures Sh4.6b funding
Taxman settles 319 cases out of court, easing compliance
KRA said ADR received 559 applications between July and December 2021.
By Moses Omusolo 2 years ago
Taxman settles 319 cases out of court, easing compliance
Eveready reappoints seasoned directors
Eveready East Africa has reappointed two non-executive directors following resolutions of the annual general meeting held virtually on March 4.
By Moses Omusolo 2 years ago
Eveready reappoints seasoned directors
Architects tipped on sector success amid competition
The AAK has called on professionals in the field to be aggressive in marketing themselves to promote professionalism in the built environment.
By Moses Omusolo 2 years ago
Architects tipped on sector success amid competition
Fintech industry ups push for digital currency
The government has been urged to back the quest to deepen financial inclusion through digital and decentralised finance.
By Moses Omusolo 2 years ago
Fintech industry ups push for digital currency
State sets new timelines for key road projects
The directive comes as a warning shot to other government agencies with pending projects in an electioneering year.
By Moses Omusolo 2 years ago
State sets new timelines for key road projects
Firm sets sights on regional market in expansion plan
Online marketplace Africa Sokoni has set its sights on going regional in the next six months.
By Moses Omusolo 2 years ago
Firm sets sights on regional market in expansion plan
Low-ticket investment product to deepen savings culture
Standard Chartered Bank has teamed up with Sanlam Investments to promote a savings culture with a new low-ticket Money Market Fund.
By Moses Omusolo 2 years ago
Low-ticket investment product to deepen savings culture
Hotpoint bets on new promotions to up sales
Hotpoint Appliances has ended its third ‘Maisha Moto Moto’ promotion that saw three winners walk away with various prices including Sh1.5 million.
By Moses Omusolo 2 years ago
Hotpoint bets on new promotions to up sales
Food distributor attracts impact investors
Dutch based investor DOB Equity has brought on board Elea Foundation and A to Z Impact to fund the expansion of Kwanza Tukule.
By Moses Omusolo 2 years ago
Food distributor attracts impact investors
KICC records 60pc rebound in meetings, exhibitions
(KICC) has recorded a 60 per cent rebound in the meetings and exhibitions business as it emerges from the ravages of the Covid-19 pandemic
By Moses Omusolo 2 years ago
KICC records 60pc rebound in meetings, exhibitions
Moody’s buys 51pc stake in ratings rival
Moody’s Corporation has agreed to acquire a majority stake in Global Credit Rating Company Ltd (GCR).
By Moses Omusolo 2 years ago
Moody’s buys 51pc stake in ratings rival
Kenyan fintech Paylend raises Sh226 million for expansion
Paylend financier Chymia Consulting HK Limited is an Asian company that provides blockchain applications
By Moses Omusolo 2 years ago
Kenyan fintech Paylend raises Sh226 million for expansion
Global index rates Kenya's economy 'unfree' in its latest ranking
Kenya and many of its African peers were declared “mostly unfree” economies with scores below 60 out of 100.
By Moses Omusolo 2 years ago
Global index rates Kenya's economy 'unfree' in its latest ranking
At least 4m Kenyans face hunger after poor rains cause crop failure
Late November and early December rainfall came too late for late-season planting. Report says food insecurity will increase in severity and scale.
By Moses Omusolo 2 years ago
At least 4m Kenyans face hunger after poor rains cause crop failure
Railway firm announces new tariffs for freight
Charges for containerised cargo from Kilindini to Malaba will be $860 (Sh97,180) for a 20-foot container weighing 0-30 tonnes.
By Moses Omusolo 2 years ago
Railway firm announces new tariffs for freight
Sh100 million fund targets tech startups
Nigeria-based PanAfrican Capital Holdings has set up a venture capital project targeting Kenyan technology startups with up to Sh100 million.
By Moses Omusolo 2 years ago
Sh100 million fund targets tech startups
State firm to lend SMEs Sh25b
KDC has unveiled a plan to lend small enterprises up to Sh25 billion in the next three years.
By Moses Omusolo 2 years ago
State firm to lend SMEs Sh25b
Kenya leads peers in water supply and sanitation inequalities
Kenya has since the year 2000s been notorious for water subsidies that mostly benefit the wealthy.
By Moses Omusolo 2 years ago
Kenya leads peers in water supply and sanitation inequalities
Air cargo demand up on supply chain disruptions, delays
Globally, cargo demand, measured in cargo tonne-kilometres (CTKs) was up 9.4 per cent compared to October 2019 (10.4 per cent).
By Moses Omusolo 2 years ago
Air cargo demand up on supply chain disruptions, delays
Anti-tobacco lobbies fault State on tax
The State stands to benefit from an additional Sh4.4 billion annually by applying a uniform tax for the industry.
By Moses Omusolo 2 years ago
Anti-tobacco lobbies fault State on tax
Telcos lobby sets aside Sh37m for local startups
Global System for Mobile Communications Association (GSMA) is seeking to bankroll local startups championing climate change mitigation.
By Moses Omusolo 2 years ago
Telcos lobby sets aside Sh37m for local startups
NSE unveils first ESG reporting guidelines for corporates
Publicly listed firms have started aligning their operations to the global environmental, social and governance (ESG) considerations.
By Moses Omusolo 2 years ago
NSE unveils first ESG reporting guidelines for corporates
Kenya’s widening ICT skills gap worries experts
The study notes that Kenya’s widening skills gap has been worsened by the growing but still low number of ICT graduates.
By Moses Omusolo 2 years ago
Kenya’s widening ICT skills gap worries experts
Africa stakeholders eye housing units valued below Sh1.1m
Stakeholders in the housing sector are exploring ways of making housing units in Africa affordable to buyers to address the biting shortage.
By Moses Omusolo 2 years ago
Africa stakeholders eye housing units valued below Sh1.1m
Pension funds seek to unlock Sh250b for infrastructure
KEPFIC has partnered with the Nairobi Securities Exchange (NSE) and the Capital Markets Authority (CMA) to mobile the funds.
By Moses Omusolo 2 years ago
Pension funds seek to unlock Sh250b for infrastructure
Tanzania clears its capital arrears in Shelter Afrique
Tanzania has cleared its capital arrears in Shelter Afrique after paying $407,284.97 (Sh45 million).
By Moses Omusolo 2 years ago
Tanzania clears its capital arrears in Shelter Afrique
Senegal and Mali beat Kenya in internet speed
Mali, whose mobile internet speed now ranks at position 89, registered 29.79Mbps.
By Moses Omusolo 2 years ago
 Senegal and Mali beat Kenya in internet speed
Nairobi Business Ventures completes Sh3b entities buyout
NBV has also fully acquired Air Direct Connect Ltd and Aviation Management Solutions Ltd, both in the business of aircraft maintenance.
By Moses Omusolo 2 years ago
Nairobi Business Ventures completes Sh3b entities buyout
CBK gives banks a year to effect rules
CBK said climate-related risks continued to expose financial institutions to credit, market and liquidity risks.
By Moses Omusolo 2 years ago
CBK gives banks a year to effect rules
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How to recover and grow your business after Covid-19 pandemic
Enterprise explores how businesses can chart a post-pandemic recovery and thrive in the “new normal.”
By Moses Omusolo 2 years ago
How to recover and grow your business after Covid-19 pandemic
Loans blamed for Kenya poor saving culture
Kenya’s financial market is heavily focused on borrowing compared to other equally important aspects, such as savings.
By Moses Omusolo 2 years ago
Loans blamed for Kenya poor saving culture
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A guide to managing your business assets
Experts believe that any entrepreneur worth their salt should understand the essentials of asset management.
By Moses Omusolo 2 years ago
A guide to managing your business assets
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Taxes affecting small business owners
KRA introduce the Minimum Tax, Digital Services Tax and the Voluntary Tax Disclosure Programme (VTDP) where taxpayers will get relief on penalties.
By Moses Omusolo 2 years ago
Taxes affecting small business owners
Toxic culture blamed for Kenyan start-ups failure
Bad investor and founder culture have been singled out as the main factors hampering the Kenyan startup ecosystem from thriving.
By Moses Omusolo 2 years ago
Toxic culture blamed for Kenyan start-ups failure
Covid-19 reshapes relations between workers, employers - study
Coronavirus has changed the world of work for a whole new model of engagement between the employer and the employee.
By Moses Omusolo 2 years ago
Covid-19 reshapes relations between workers, employers - study
I&M Bank gets Sh5.4 billion for lending to SMEs
The listed lender is targeting local medium-sized enterprises in the trade, manufacturing and construction sectors.
By Moses Omusolo 2 years ago
I&M Bank gets Sh5.4 billion for lending to SMEs
State agencies’ squabbles blamed for illicit trade rise
An anti-counterfeit lobby has blamed poor coordination among government agencies for a rise in the trade in illicit goods in the country.
By Moses Omusolo 2 years ago
State agencies’ squabbles blamed for illicit trade rise
Fear of online fraud dims Kenya's use of digital ecosystem — study
The move is attributed to lack of a national addressing system, fear of online fraud and inadequate support.
By Moses Omusolo 2 years ago
Fear of online fraud dims Kenya's use of digital ecosystem — study
GSMA urges Kenya to boost data speeds
the GSMA recommends that the country’s mobile industry will need an average of 2 GHz of mid-band spectrum to meet ITU speed requirement.
By Moses Omusolo 2 years ago
GSMA urges Kenya to boost data speeds