Latest business stories from across Kenya.
ChitChat has announced a partnership with Mastercard to introduce new virtual debit cards. The collaboration will enable users access to a one-stop shop where they can transact and conduct online shopping, manage subscription payments, and…
The main agenda at the AGM was how The Standard Group plans to raise Ksh1.5 billion through a rights issue
AGRA has launched its 2024 Africa Agriculture Status Report titled Harnessing the Private Sector for Food Systems Transformation in Africa. The report provides an in-depth analysis of the significant role that SMEs play in transforming…
Java House has launched the Kuza Mentorship Program, as part of their 25th anniversary celebrations held at Gatina Primary School in Dagoretti North, Nairobi. The mentorship program is an initiative aimed at empowering children and…
The Mastercard Foundation has announced that it will be hosting two events at the 79th Session of the United Nations General Assembly (UNGA 79) on September 22, 2024. Both gatherings will address the critical issues of girls’ education and…
MANSA has partnered with blockchain payment platform Bitmama to improve cross-border payment accessibility in emerging markets, including Africa. Through this partnership, MANSA will provide Bitmama with the necessary liquidity to pre-fund…
Tanqueray has announced that it has renewed its support of the Nairobi Polo Club’s competition as the experience partner. Nairobi Polo club will be hosting the 10 Goal International Tournament between the 6th and 8th of September. This…
The Tax Appeals Tribunal has dismissed an appeal by the M-PESA Foundation Charitable Trust (M-PESA Foundation), challenging the decision by KRA to assess and demand payment of Ksh. 6,487,830 of Withholding Taxes on the re-charge costs. The…
Kenya Airways (KQ) revamped its online booking platform in a bid to deliver a faster, more intuitive, and user-friendly experience for its customers. Following the successful launch of a new website last year, these latest developments…
Absa Bank has indicated that it advanced close to KES 60 billion in sustainable finance in 2023. This figure, contained in the Bank’s Sustainability Report for the financial year ended December 31, 2023, is made up of KES 22.3 billion…
Medic East Africa and Medlab East Africa are holding a healthcare convention for more than 200 exhibitors and industry investors at the Kenyatta International Convention Centre (KICC) from 4-6 September. Attendees will be treated to…
Interswitch East Africa has announced a strategic partnership with Elie Technologies to unveil an innovative contactless payment solution dubbed Tumatap. The new product allows contactless payment solutions for merchants and customers in…
The Centre for African Leaders in Agriculture (CALA) Leadership Forum recently held a forum to equip over 40 delegates with strategies to lead food system innovations effectively. The forum was held during the Africa Food Systems Forum…
The Board of BM Security has appointed Michelle Morgan as the new CEO, effective 2nd September, 2024. Michelle succeeds Neil Morgan, who has served as the CEO for the past 8 years and now transitions to the role of Chairman of the Board.…
The Competition Authority of Kenya (CAK) has approved a 51% acquisition of Monarch Insurance by a consortium of three companies. The approval has been granted unconditionally, and will see the consortium, including Ondoba Ltd, Kenyoro Ltd…
Diamond Trust Bank (DTB) franchises in Kenya, Tanzania and Uganda have signed the UN Principles for Responsible Banking, a framework for a sustainable banking industry. The framework was developed through a collaboration between banks…
Lake Turkana Wind Power (LTWP) recently launched its 2023 Sustainability Report. The report highlights LTWP’s contributions to Kenya’s economy, energy sector, environment and its continued investment in the development of the Laisamis…
Sunlight has unveiled a financial literacy empowerment program dubbed Shika More Na Sunlight at the Gikomba market in Nairobi. The campaign is aimed at equipping women entrepreneurs with transformative skills to shape their future growth…
Absa Bank Kenya is making a move to enhance its Corporate and Investment Banking offering in the market. The new strategy aims to provide more personalized solutions, strategic insights, and proactive support to its clients. To this end,…
Rubis Energy has appointed Olivier Sabrié as the CEO for East Africa and Group Managing Director of RUBiS Energy Kenya. Mr. Sabrié succeeds Jean-Christian Bergeron, who will be returning to Paris, France, to undertake a new assignment.…
Bolt Food is celebrating its third anniversary in the Kenyan market and five years globally. As part of its 3-year celebration, Bolt Food has unveiled its app’s top 5 most popular restaurants. These culinary hotspots have consistently…
Binance has made a Ksh. 12.8 million (USD 100,000) pledge in partnership with the Kenya Red Cross Society (KRCS). The humanitarian initiative aims to help communities in Kenya struggling due to recent challenges, including the severe…
Kingdom Bank has been ranked as one of the top five banks in the country offering competitive loan rates. This was in a recent report by the Central Bank of Kenya. Given the fact that the bank has an average lending rate of 14.02%, it is a…
The Core Fashion Kenya recently collaborated with FedEx for the monthly Fashion Roundtable Talks in Nairobi. The Roundtable Talks engaged Kenyan Fashion brands shipping their products across the continent and worldwide. The monthly…
