Credit Bank digitises Bid Bond access

Credit Bank has launched a digital platform that reduces the time required for businesses to secure bid bonds from hours to just five minutes

By Esther Dianah 7 days ago

Strathmore unveils Sh2b STEM complex plan

Strathmore University has launched a Sh2 billion STEM complex to boost science education, research and innovation across Africa.

By Esther Dianah 8 days ago

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Kenyan entrepreneurs get Sh645,000 funding

Fourteen Kenyan entrepreneurs have each received Sh645,000 in seed funding from the Tony Elumelu Foundation, part of a continent-wide programme supporting 1,951 beneficiaries.

By Esther Dianah 8 days ago

Kenya's housing crisis deepens as shortage scales

Kenya faces a housing deficit running into millions of units, with demand far outstripping supply, particularly in urban centres such as Nairobi.

By Esther Dianah 8 days ago

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How PwC freeze casts shadow on Kenya infrastructure agenda

The firm's exclusion from donor-funded deals could reshape consultancy market as State seeks other advisors. Experts warn reduced access to experienced consultants could impact delivery.

By Esther Dianah 12 days ago

Over a third of Kenyans starving, 18pc children stunted

Persistent hunger has been attributed to climate shocks that are worsening food insecurity.

By Esther Dianah 15 days ago

State rolls out AI Incubator for local innovators

AI innovators are set to receive structured mentorship through an incubator programme to ensure their innovations deliver real value.

By Esther Dianah 2 months ago

World Bank unlocks Sh5.5b green fund for local SMEs

The funds are available to entrepreneurs in electric mobility and transport, energy-efficient and green buildings, sustainable agriculture, and waste management solutions.

By Esther Dianah 2 months ago

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How pending text book bills could mar Grade 10 transition

A crisis could be looming for Grade 10 learners as the government delays the disbursement of funds for the publishing and printing of textbooks.

By Esther Dianah 2 months ago

KNCCI opens office in Dubai to curb export losses

The office is expected to support exporters in the livestock and meat sector, to the United Arab Emirates (UAE) and the broader Gulf region.

By Esther Dianah 2 months ago

Farmer's Choice achieves global food safety

Farmer's Choice Limited, has achieved international Food Safety System Certification (FSSC 22000 V6), a globally recognised standard for food safety management systems.

By Esther Dianah 2 months ago

Win for Kenya as AGOA agreement extended for 3 years

Ministry of Trade says discussions are ongoing on bilateral trade agreement that will cover other key sectors and further cement Kenya's long-standing partnership with the United States.

By Esther Dianah 2 months ago

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Government delays trigger fears of Grade 10 textbook crisis

A crisis could be in the offing for the grade 10 learners, as the government delays the disbursement of funds for publishing and printing textbooks.

By Esther Dianah 2 months ago

KCB launches savings campaign

KCB Bank Kenya has launched a nationwide savings campaign aimed at rewarding loyal customers while strengthening a culture of purposeful saving.

By Esther Dianah 2 months ago

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Why taxing Kenya's super-rich could raise Sh129.3b

Kenya is targeting fairer taxation; however, it strongly relies on VAT and other consumption taxes that burden the poor, while the wealthy hold most of the country's wealth.

By Esther Dianah 3 months ago

Motorists to enjoy Sh2 fuel discount in latest Safaricom-Vivo Energy partnership

Motorists are set to enjoy a Sh2 fuel discount cashback deal aimed at boosting earnings and productivity.

By Esther Dianah 3 months ago

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The good, the bad and the ugly of draft local content law

A lack of a ready market for raw agricultural produce, high input costs, and competitive procurement practices have been cited as some of the bottlenecks for Kenyan farmers and suppliers.

By Esther Dianah 3 months ago

State pledges insurance sector revamp

The Kenyan government has reiterated its commitment to fostering the growth of the local insurance services industry

By Esther Dianah 4 months ago

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Tanzanian tycoon snaps up NSSF's stake in Portland for Sh1.6b

Tanzanian tycoon Edha Nahdi, through company Kalahari Cement, has sealed a Sh1.6 billion purchase agreement to acquire a 27% stake in the EAPC.

By Esther Dianah 4 months ago

Stanbic posts Sh10.1 billion profit after tax for third quarter

Stanbic Bank has announced a Sh10.1 billion profit after tax for the nine-month period ended September 30, 2024.

By Esther Dianah 4 months ago

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Oparanya to headline diaspora conference meeting on cooperatives

CS for Co-operatives and Micro, Small and Medium Enterprises Development Wycliffe Oparanya will be leading hundreds of delegates next month in a diaspora international meeting

By Esther Dianah 4 months ago

Mauritian investor pumps fresh capital into Kenya's beverage producer

Kenya's manufacturing sector has received a major boost after craft beverage maker African Originals secured a Sh129.6 million ($1 million) capital injection to scale up local manufacturing.

By Esther Dianah 4 months ago

Safaricom users to get free data bundles following partnership with Opera

The free data offer is available to all new and existing Opera Mini users on the Safaricom network in Kenya.

By Esther Dianah 4 months ago

Firms partner to digital transform fuel station operations

Pesapal, a financial services and business solutions provider has partnered with KCB Bank Kenya to transform fuel station operations across East Africa.

By Esther Dianah 4 months ago

Kenya urged to up IT training to open doors for top jobs

Kenya has been urged to broaden its IT training and focus beyond the entry-level roles to reap more from the blooming global demand for professionals in the sector.

By Esther Dianah 4 months ago

Mobile and internet banking raved up financial inclusion

Mobile banking, internet banking and digital platform integrations have been highlighted as tools for creating financial inclusion for the unbanked.

By Esther Dianah 4 months ago

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Using technology to cut fuel costs for company fleet

Connected directly to payment systems at fuel stations, digital tools such as Drive are enabling businesses to track every fueling transaction, set vehicle limits and monitor fuel usage.

By Esther Dianah 4 months ago

Processor taps schools to grow market share

Milk processor Brookside Dairy is leveraging its partnership with educational institutions to further grow its market share.

By Esther Dianah 4 months ago

Bank opens its 25th branch in Kariobangi

Kingdom Bank has today opened its 25th branch in Kariobangi.

By Esther Dianah 4 months ago

Kenya launches national policy to align training with industry demands

Kenya has launched the National Dual Training Policy, formalising a work-integrated learning model that equips youth with practical skills and boosts employability.

By Esther Dianah 4 months ago

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Poor credit culture deters Kenya's lending transition

Kenyan banks continue to face challenges in setting credit risk premiums due to the absence of a robust credit rating culture in Kenya's debt market.

By Esther Dianah 4 months ago

Rwanda's green exchange window presents new funding opportunities for the region

The move complements the growing policy interest in sustainable investing among East African regulators and pension funds.

By Esther Dianah 4 months ago

KCA hosts 4th Innovation summit aimed at commercializing knowledge

The summit featured cutting-edge innovations developed by KCA University students.

By Esther Dianah 4 months ago

Regional instability hampers cross border trade

Statistics show that when compared to the rest of the world, cross border trade in Africa is the lowest.

By Esther Dianah 4 months ago

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Unpredictable market dynamics, raw exports stifles manufacturing growth

Kenya has a blueprint as a net importer of finished goods and exporter of raw unprocessed goods, robbing its people economic self-reliance.

By Nancy Gitonga, Esther Dianah 4 months ago

M-Pesa Foundation in Sh30b programme to boost skilling of teachers in ICT

Safaricom, through the M-Pesa Foundation, has launched an education initiative to improve education and training outcomes over the next five years.

By Esther Dianah 4 months ago

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Kenya faces new dirty cash scrutiny as peers exit list

African States continue to suffer adversely from being included in the Financial Action Task Force (FATF) grey list, which indicates increased monitoring for money crime.

By Esther Dianah 4 months ago

SMEs challenged to leverage on technology for cross border trade

Despite policy ratification, intra-African trade remains below 15 per cent, hampered by critical barriers that banks and digital tools can now dismantle.

By Esther Dianah 4 months ago

Safaricom unveils a Sh30 billion education initiative

Safaricom, through the M-Pesa Foundation, has unveiled a Sh30 billion education initiative that will provide 10,000 scholarships and upgrade more than 600 schools across the country.

By Esther Dianah 5 months ago

Lecturers reject government payment plan, strike to continue

Lecturers' union reject government's plan to pay them 7.9 billion arrears in phases; UASU SG Wesonga maintains strike still on if money not paid fully in one installment.

By Esther Dianah 5 months ago