Latest business stories from across Kenya.
TBD has launched the TBD Hackathon in collaboration with the Africa Bitcoin Conference. The hackathon is a competition designed to drive innovation, creativity, and technological advancement of payments in Africa using the tbDEX…
Founders Factory Africa (FFA) has announced its official rebrand and name change to 54 Collective. The new brand name, 54 Collective, reflects the firm’s pan-African vision, aspiring to help entrepreneurs grow their businesses to serve all…
Airtel Kenya has kicked off a new free data campaign dubbed GB kwa GB. The campaign will target new customers who join their network. Key features of the GB kwa GB campaign include free 1GB of data every week for six months. To enjoy this…
Meta has announced the availability of two new monetization features for eligible creators in Kenya, with support in over 30 languages globally including Swahili. In-Stream Ads on Facebook and Facebook Ads on Reels will enable creators to…
The East African Business Council (EABC) Vice Chairperson Simon Kaheru is has urged EAC partner states to uniformly apply for the EAC Common External Tariff (CET). According to Kaheru, the move will enhance intra-EAC trade, investment and…
The Africa Fintech Summit (AFTS) has announced the official opening of nominations for this year’s Excellence in Fintech Awards. The award ceremony is set to take place during the 12th edition of the Africa Fintech Summit on 4th-6th…
Mobius Motors enters liquidation due to high import competition, lack of government support, taxation issues, and market readiness for SUVs.
East African Development Bank’s annual training program for state lawyers has began on 5th August in Nairobi, and will run through the 9th of August. The training offered to East African States legal resources, focuses on equipping…
Microsoft has announced its partnership with Zendawa, a Kenyan startup, to set up a marketplace where online users can order pharmaceutical products. By leveraging Microsoft’s AI, Zendawa can match online orders to the nearest pharmacy,…
The Jobtech Alliance, headed by Mercy Corps and BFA Global, has announced its second cohort of platforms joining its ecosystem. The addition of these eight platforms will strengthen the Alliance’s portfolio, which includes 17 jobtech…
d.light, a provider of household products and affordable finance for low-income households, has achieved its highest-ever quarterly revenue and profits in Q2 2024. Since its inception in 2007, the company is on course to hit its target of…
Kenya Airways has signed a strategic partnership with Safaricom to drive innovations that will enhance the airline’s operational efficiency, strengthen cybersecurity and elevate the customer experience.
Airtel Kenya has announced a new free data campaign dubbed ‘GB kwa GB’ is aimed at fuelling the digital revolution in the country by encouraging Kenyans to upgrade their phones to experience the improved Airtel network.
Kenya Airways (KQ) has signed a partnership with Safaricom aimed at driving innovations that will enhance the airline’s operational efficiency, strengthen cybersecurity, and elevate the customer experience. Kenya Airways and Safaricom will…
Nation Media Group (NMG) has announced that it has appointed two new executives in a bid to turn around the media company’s business. Russell Akuom has been appointed as the Chief Information Officer (CIO) effective August 1, 2024 while…
Watu, an asset financing company, has published its inaugural sustainability report. The report shows the company’s progress in financing mobility and connectivity assets and the environmental impact of its operations. Key highlights from…
Kenya’s Energy and Petroleum Authority (EPRA) has been nominated to join the global renewable energy promoter Renewable Energy Transition Accelerator (RETA). This will give it firsthand access to clean investment resources and the latest…
Pwani Oil Products Limited (Pwani Oil) has upgraded the Ushindi Multipurpose Bar Soap, which has been reformulated to make it stronger, durable and gentler on hands, while maintaining its affordability.
Last week, Co-op Bank re-launched its youth account, YEA App, which is ideal for young people aged between 18 and 35 years.
Samsung has announced the global availability of Galaxy Z Fold6, Galaxy Z Flip6, Galaxy Watch Ultra, Galaxy Watch7, Galaxy Buds3 series and the Galaxy Ring. The devices will retail at Ksh 264,000 for the Galaxy Z Fold 6 256GB while the…
The Kenya Revenue Authority (KRA) has announced that it collected a total of Ksh. 43.9 billion from 1,064,667 taxpayers who heeded the tax amnesty program that ended on 30th June, 2024. Through the tax amnesty program, KRA waived penalties…
Pwani Oil Products (Pwani Oil) has introduced its upgraded Ushindi multipurpose bar soap. According to Pwani Oil, the soap has been reformulated to make it stronger, durable, and gentler on hands, while maintaining its affordability. In…
The Capital Markets Authority (CMA) has granted a license to Mi Vida Homes to operate as a Real Estate Investment Trusts (REITs) Manager. As a REIT Manager, Mi Vida will provide real estate management services in respect of real estate…
Britam Asset Managers has officially launched the Britam Ngao Umbrella pension scheme, a multi-employer retirement benefit scheme. The scheme pools funds from various employers, invests and manages these funds collectively to ensure its…
