Latest business stories from across Kenya.
Samsung Electronics recently announced that its SmartThings platform has received the ISO/IEC 27001:2022 certification for information security management systems (ISMSs). ISO 27001 is the leading global standard for ISMSs, and provides…
Cadbury recently marked 200 years since inception with the launch of its ‘Yours for Generations’ campaign. The launch event was held at Shamba Events in Loresho, Nairobi, and featured the Cadbury Gallery Exhibition, an engaging walkthrough…
According to the World Bank, financial inclusion is one of the critical drivers of poverty reduction and economic growth in emerging markets and developing economies as identified by the G20. Studies indicate that a lack of adequate…
Over 700 youths from Murang’a County have received Sh15,000 from the county government to start small businesses. This is after completing short technical courses in local vocational institutions sponsored by the county administration. The…
Human Mobile Devices (HMD), has launched a new project addressing growing parental concerns on the impact of smartphones and social media on children’s mental well-being. The Better Phone Project aims to co-create a new phone specifically…
The East African Business Council (EABC) has applauded the commencement of the Tripartite Free Trade Area (TFTA), following the ratification by Angola on 25th June this year. This brings the total number of Instruments of Ratification…
The Central Bank of Ghana (BOG) recently announced the successful completion of the first proof of concept (POC) within the Project DESFT (Digital Economy Semi-Fungible Token) solution. The solution demonstrated the use of digital…
Samsung Electronics recently came in third position on the Brands Africa 100 list for 2024. The achievement highlights Samsung’s ongoing commitment to excellence, innovation, and customer satisfaction across the continent. Brands Africa…
The Old Mutual Group and the Kenya Institute of Curriculum Development (KICD) have unveiled a financial literacy online program targeting junior and senior school teachers. The module was developed in response to the need to mainstream…
Visa has partnered with Carrefour to offer Visa Cardholders who shop on the weekends a chance to win exclusive discounts and giveaways. During the campaign, Visa cardholders will receive assorted giveaways for every purchase worth Ksh.…
Airtel Africa has registered strong customer growth and revenue growth in Q2 2024, after a difficult 2023 in which losses mounted after currency devaluation in some of its key markets. The telecoms firm, which operates in 14 African…
Safaricom PLC today held its Annual General Meeting (AGM) virtually, where shareholders approved a final dividend of Ksh0.65 per share, amounting to Ksh26.04 billion for the financial year ended 31 March 2024.
Samsung Electronics has been recognized as the third top brand on the prestigious Brands Africa 100 list, further cementing the brand’s dominance and impact as well as being the household name within and without the continent.
Kenya Airways has made network adjustments to five key African destinations to optimise operations during the peak season.
The rise of Information and Communication Technology (ICT) in Kenya, with mobile phones in nearly every hand and internet coverage growing nationwide, is driving a wave of innovation that’s reshaping everyday life. From how people access…
Drivers on digital taxi apps in Kenya have over the years complained about reduced earnings and the choking nature of the business relationship they have with the platforms. The cost of doing business has been going up largely driven by…
Kenya’s Synnefa is among eleven companies awarded a share of Ksh. 225 million (USD 1.7 million) by the Efficiency for Access Research and Development Fund. Synnefa, an agri-tech startup that provides farmers with smart-sensor installed…
I&M Bank Rwanda has announced the appointment of Mr. Nikhil Rustam Hira as the new Board Chairman effective 15th July 2024. Mr. Hira succeeds Mr. Bonaventure Niyibizi, who is retiring. Since 2019, Mr. Hira has been serving on the Board as…
Safaricom has announced changes in the Board of Directors with Ory Okolloh and Francesco Bianco exiting from the company. The exits will take effect from 24 July 2024 and 1 August 2024 respectively. This was after a board meeting on 24…
Kenya Airways (KQ) has relaunched KQ Holidays, a platform that specializes in offering personalized getaways to various destinations around the world. Through the KQ Holidays platform, customers can create, book, and pay for tailor-made…
Faulu Microfinance Bank has launched its Money Market Fund (MMF) in a bid to give its customers access to flexible and profitable investment opportunities. The Faulu MMF was launched a month after receiving a capital injection of Ksh. 900…
Kenya’s Valarie Neema Waswa was among the inaugural cohort of the Generation Connect Young Leadership Program (GCYLP) fellows who recently completed their development week in Switzerland. GCYLP is an initiative launched by the…
The Kenya Association of Manufacturers (KAM) has announced the appointment of Jane Karuku as the new national Chairperson. Ms. Karuku, who has served as Vice Chairperson since July 2022, will lead the Association’s Board of Directors for a…
Mastercard has partnered with Premier Bank, a Sharia-compliant commercial bank in Somalia, to launch Premier Payment Gateway. The Premier Payment Gateway is a digital payments platform that enables Somali businesses to accept international…
