Latest business stories from across Kenya.
Standard Chartered has released its 2023 Sustainability Progress Report highlighting the achievements made in support of its long-term sustainability ambition. The report covers activity across three focus areas. These are building a…
CFAO Mobility Kenya has officially introduced the New Generation Landcruiser Prado, designed for off-roading dominance and durability in the Kenyan market. The new Landcruiser Prado comes with a modern design and is focused on performance…
I&M Bank has collaborated with Mastercard to launch the new Business Credit Card proposition. The proposition is a financial tool designed to help businesses manage daily expenses more effectively and support global operations. The…
The Board of the East African Business Council (EABC) has appointed Adrian Raphael Njau as the new Acting Executive Director, effective July 12, 2024. Mr. Njau takes over from John Bosco Kalisa who previously held the position. In his new…
d.light has announced the closing of a new facility that will purchase USD 176 million (Ksh. 22 billion) of receivables in Kenya, Tanzania and Uganda. The new financing is being provided by social impact-focused asset management company…
The Institute of Human Resource Management (IHRM) has partnered with Stanbic Bank, in a bid to financially empower employees through joint initiatives led by HR professionals. Formalized through the signing of a Memorandum of Understanding…
Equity Life Assurance has been named the best life insurance underwriter at the Think Business Insurance Awards 2024. Equity Life Assurance also secured top accolades in the categories of the most customer-centric underwriter in the Life…
Zamara Risk and Insurance Brokers Limited has been voted the Best Insurance Brokerage firm in Kenya at this year’s edition of the Think Business Insurance Awards. The insurance broker was also recognized as the best General Broker of the…
Eliud Gilisho is the founder of Candy Kash, a skill-based game inspired by the popular Candy Crush game. The game will enable players to convert their gaming skills into real money through competitive play. Gilisho designed the game during…
OPPO has announced the signing of a global cooperation agreement with Ericsson. The agreement includes global patent cross-license, technical cooperation, market expansion and other collaborations. The global cross license covers…
Safaricom recently hosted financial and digital literacy and media training for athletes ahead of the 2024 Paris Olympics set to take place from July 26 to August 11, 2024. The training, held in Eldoret, saw over 40 athletes and their…
Uncover, a skincare company, recently closed a Ksh 180 million (USD 1.4 million) Seed II funding round led by EQ2 Ventures and IgniteXL Ventures. The round was led with participation from Chui Ventures, Samata Capital and Altree Capital.…
Salaam Somali Bank, which is Somalia’s largest bank, has partnered with Visa, to introduce Visa debit and Visa prepaid cards to its branches across the country and online. The partnership aims to improve the speed, efficiency, and security…
Deluxe Trucks and Buses East Africa has appointed Hussein Kamal as its new General Manager as it gears up for growth in the highly competitive road transport sector. Deluxe is the official distributor for Ashok Leyland trucks and buses in…
Hotpoint Appliances is offering discounts of up to 40% as part of its 40th anniversary celebrations, which began at the end of June and will last until August 4, 2024. Established in 1984, with its first store at the Sarit Centre in…
Kenya Power has announced that over 4 million prepaid customers have updated their token meters in the ongoing Update Token Meter Yako exercise. The company targets to update 7.4 million prepaid meters ahead of the August 31st deadline. So…
Huawei has officially launched a series of F5G-A products and solutions to drive industrial intelligence in Sub-Saharan Africa. The launch of the offerings was announced at the Huawei Global Optical Summit in Johannesburg, South Africa,…
Somalia’s largest bank, Salaam Somali Bank, has partnered with Visa, to introduce Visa Debit and Visa Prepaid cards to its branches across the country and online.
Zepz, the group powering leading global remittance brands such as WorldRemit and Sendwave, and leading provider of digital money transfer services, has renewed its long-standing partnership with Equity Bank.
Deluxe Trucks & Buses East Africa, the official distributor for Ashok Leyland trucks and buses in Kenya, has appointed Mr Hussein Kamal as General Manager as it gears up for growth in the highly competitive road transport sector. With over…
More than 860 primary school students are set to benefit from Absa Bank Computer for Schools project in Nyeri as part of its sustainability initiative to enhance digital literacy skills among students.
The Energy and Petroleum Regulatory Authority (EPRA) has announced a drop in fuel prices, effective from midnight of July 15 to August 14, 2024. In the latest review, EPRA reduced the price of Super Petrol by Ksh 1. Diesel prices were…
Airtel Kenya has opened a new shop in Nairobi’s downtown CBD. The new outlet is located on Gaborone Road, adjacent to Nairobi Textiles, and brings the total number of Airtel outlets in the country to over 2,600. The new outlet will be a…
Five Kenyans have won Ksh 1 million each in the ongoing Shine Kenya Shinda Mamilii Kama Bingwa campaign. The five winners also received an additional Ksh 250,000 each to support community-based projects of their choices courtesy of the…
