Latest business stories from across Kenya.
African filmmaking incubator, Jumpstart, has announced that it is now open for applications for its 13th edition. Jumpstart is presented by the Durban FilmMart Institute in partnership with Produire au Sud, Nantes, and the French Institute…
Standard Chartered Bank has announced the release of the latest global Market Outlook Report for 2024. The Report, titled Sailing with the Wind finds that the US and other major economies are likely to witness sharply slower growth and…
Visa will host its Africa Fintech Accelerator program’s inaugural demo day on February 13th in Nairobi. The demo day will showcase innovations from emerging fintech startups from 18 countries across Africa. The program was launched in June…
The African continent is at an opportune time to take bold steps required to address and mitigate the causes and effects of climate change around the world. African countries had a one-of-a-kind opportunity to do so earlier last September…
Telecommunications giant Safaricom says its M-Pesa customers will no longer be able to send money to unregistered users.
Co-op Bank of Kenya has registered a major milestone after being picked among financial institutions that will handle the lucrative public pensions contributions.
SBM Bank of Kenya has launched a three-month cash-back reward campaign for all its debit, credit and prepaid cardholders to drive card utilization and attract new customers.
John Kibunga Kimani, the Kenyan billionaire investor known as the largest shareholder of agricultural stocks at Kakuzi, has built stakes worth above Ksh360 million in Safaricom, the biggest telecommunication company in the country trading…
Now Co-op Bank ATM holders will withdraw up to Ksh60,000 per day, a 50% increase from Ksh40,000, which was set nine years ago.
Embarking on a new year comes with the promise of fresh starts, and there’s no better way to kickstart your payments experience in 2024 than with the Equity Prepaid card. This card will transform the way you make payments by keeping you in…
Absa Group has expanded into the People’s Republic of China with the opening of a new non-banking subsidiary in Beijing. The non-banking subsidiary is operational, with the official launch event in Beijing, scheduled for May 2024. This…
Diageo has announced that it has appointed Anne Joy Michira to the role of Marketing and Innovations Director for South, West, and Central Africa (SWC). Anne Joy Michira is currently the Marketing and Innovations Director for East African…
The Internet Corporation for Assigned Names and Numbers (ICANN) has announced a global Grant Program that will enable innovators in Kenya to access a fund worth $10 million (Ksh. 1.6 billion). ICANN is a nonprofit organization that…
Crown Paints, a paint and coating company in Kenya, has received the prestigious Eco-Conscious Manufacturing Excellence Award for the year 2023-2024 at the ESG Awards 2024. The ESG Awards is a platform for the public to vote for companies…
The Kenya Association of Manufacturers (KAM) and Unilever Kenya have launched the 2024 Business Growth Program. The program, which KAM kicked off in 2016, aims to provide manufacturing SMEs with the necessary tools, resources, and guidance…
Wangeci Gathuku has been announced as the overall winner in the Hub Karen (THK) Shop and Win Christmas promotion. The promotion was aimed at rewarding shoppers who patronized the mall during the festive period. The overall winner, Wangeci…
Unilever has announced the appointment of Ben Lang’at as the Executive Vice President and Head of the recently combined East and West Africa region, effective January 2024. In this new role, Ben will be responsible for leading the regional…
Discount retail chain, Jaza, has announced the opening of two new stores in Chokaa and Gachie areas. The company has also launched an eCommerce platform, shop.jaza.ke, to enable customers make orders from the comfort of their homes or…
105 Absa Bank employees have acquired tech skills at the Strathmore University. The employees gained skills in Cybersecurity, Data Science, Business Intelligence, Automation, and Dev Ops. The skills gained in the course are expected to…
East African Breweries PLC (EABL) has announced that it has reported a Ksh. 6.8 billion net profit for the half year ended December 31, 2023. This is a 22% decline from the previous period. According to the company, the dip in EABL’s half…
The effects of climate change continue to be felt across the globe and more increasingly in Africa, where the largest risk lies. This has become prevalent in the past few years, with Africa recording harsh drought and flood incidences. In…
Uber has released statistics for its ride hailing and food delivery business in Kenya and it reveals very interesting trends. Here are some of them. 1. Uber Eats’ data show that American and African cuisines were the most popular.…
Augmented reality startup Almer has announced that it has launched its latest headset , the Arc 2. The company has also partnered remote IT support company TeamViewer, who will use the new headsets. The Almer Arc headset enables…
Village Capital and Standard Chartered Bank have partnered to pilot a financing facility to invest in the bank’s Women in Tech program alumni. The focus of the program will on early stage, impact focused start-ups led by women founders.…
