New Airtel Data Plan Offers More Bundles to Customers
Airtel Kenya has launched New Airtel Data Plan offering their weekly and monthly data customers up to 50% more data at price points ranging from Ksh50 to Ksh1000.
2 min read
Business
Latest business stories from across Kenya.
Kenyan Bank Backs Tanzanian Firm’s Bid to Acquire Bamburi Cement
Amsons Group, the Tanzanian business conglomerate, has started a campaign to secure the support of Bamburi Cement (NSE: BAMB) shareholders following the release of a shareholder circular on 24th October.
2 min read
M-PESA for Business taps tappi to boost digital solutions for SMEs
tappi digital commerce solution has announced its partnership with Safaricom’s M-PESA. The partnership is aimed at empowering M-PESA’s 650,000-strong network of Kenyan MSMEs, the collaboration will provide innovative digital solutions to…
2 min read
Jubilee Insurance & DTB unveil new digital payment solution for health insurance
Jubilee Health Insurance has announced a collaboration with Diamond Trust Bank (DTB), to unveil a digital payment solution that aims to transform payments of health insurance premiums. This solution offers a flexible installment payment…
2 min read
M-KOPA surpasses 3 million customer milestone, creates over 16,000 jobs in Kenya
M-KOPA Kenya has presented key findings from its annual Impact Report, Pathways to Progress at a media roundtable in Nairobi. The report reveals that out of the Group’s five markets and 5 million customers reached across Africa, M-KOPA has…
2 min read
Savannah Clinker raises Bamburi Cement bid to Ksh. 27.7 billion
Savannah Clinker has announced an increase in its offer for Bamburi Cement, raising the bid price from Ksh. 70 per share to Ksh. 76.55 per share. This revision values the total offer at Ksh. 27.78 billion, surpassing its initial offer of…
1 min read
Absa Bank & IFC train over 600 suppliers on corporate procurement
Absa Bank Kenya has partnered with the International Finance Corporation (IFC) to provide training for over 600 suppliers in the past two years. The training has helped to prepare suppliers with the know-how to access corporate procurement…
2 min read
Prudential partners with Google Cloud to use Generative AI for seamless medical claims
Google Cloud and Prudential have announced that the latter is using MedLM, Google’s family of foundation models fine-tuned for healthcare industry use cases. The models are aimed at improving the accuracy and efficiency of medical…
2 min read
BURN secures $15M additional investment from EIB to expand in East Africa
BURN has secured a USD 15 million investment from the European Investment Bank (EIB). The Ksh. 1.9 billion (USD 15 million) investment was announced during the World Bank/IMF Annual Meetings in Washington. This funding will accelerate…
2 min read
Qatar Airways introduces world’s first Boeing 777 flight equipped with Starlink
Qatar Airways has achieved a big milestone by operating the world’s first Starlink-equipped Boeing 777 aircraft from Doha to London on Monday, 22 October, 2024. This achievement establishes Qatar Airways, the World’s Best Airline as voted…
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Safaricom sustainability report shows an impressive Ksh. 983B injection in the Kenyan economy
The latest Safaricom Sustainable Business Report has revealed that the telco has contributed Ksh. 983 billion to the Kenyan economy as it sustained 1,283,329 jobs in the last financial year. This year’s report is themed, Accelerating…
3 min read
Samsung unveils the Galaxy S24 FE smartphone in the Kenyan market selling at Ksh. 91,000
Samsung Electronics East Africa has introduced the Galaxy S24 FE, the latest addition to the Galaxy AI ecosystem. The new smartphone is powered by the AI-based ProVisual Engine and Galaxy AI’s Photo Assist features, and showcases an…
2 min read
Introducing MoPhones renewed phones with 1 year warranty
MoPhones has announced that it is offering renewed phones, refurbished devices that provide a new-phone experience without the hefty price tag. The move is aimed at meeting the growing demand for longer-lasting premium devices among young…
2 min read
Safaricom Employed 1.2 Million People in Just One Year
Safaricom contributed Ksh983 billion to the Kenyan economy and sustained 1,283,329 jobs in the last financial year, according to the mobile services operator’s 13th Sustainable Business Report, launched on 24th October, as it begins its…
3 min read
Better digital payments infrastructure is facilitating access to new markets for enterprise
Saying that small and medium-sized enterprises (SMEs) are the backbone of economies in East Africa is an understatement. SMEs make up the largest part of all registered entities in nearly every industry and sector in most East African…
3 min read
Safaricom & MultiChoice partner to offer exclusive content on Showmax
MultiChoice has announced a partnership with Safaricom, allowing Safaricom customers to access exclusive TV shows, movies, sports, and documentaries on Showmax and DStv Stream. The strategic collaboration brings premium entertainment…
2 min read
Air France-KLM leads food initiative at Thogoto Model Primary School
Over 700 students and teachers at Thogoto Model Primary School in Kenya’s Kiambu County are set to benefit from fresh vegetables and fruits plucked from their new kitchen garden and orchard. The garden was established with the support of…
3 min read
Brandon Vosenah: Entrepreneur helping businesses thrive through innovative marketing
In today’s fast-paced digital world, businesses in Kenya are increasingly turning to digital marketing strategies to reach their target audience and stay ahead of the competition. In response to the soaring demand for digital marketing…
3 min read
Safaricom to reward loyal customers as it marks its 24th anniversary
Safaricom, is celebrating 24 years of connecting and transforming lives of Kenyans since it was official launched on 23rd October 2000. As part of the celebration themed “24 Years of Transforming Lives: Celebrating Through Service,”…
2 min read
BasiGo secures additional USD 42M funding to scale electric public transportation
BasiGo has announced the closing of a USD 42 million in new capital. The funding round consists of USD 24 million in Series A equity funding along with USD 17.5 million in debt facilities from British International Investment (BII) and the…
2 min read
Institute of Engineers of Kenya sets convention dates for October 29-November 1 in Mombasa
The Institute of Engineers of Kenya (IEK) has announced the 31st International Convention scheduled to take place from October 29 to November 1, 2024. This year’s convention will be held under the theme “Industrialization for Economic…
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KBL’s Tusker Octobafest hosts two Mashujaa weekend events in Kitengela & Eldoret
The 2024 Kenya Breweries Limited (KBL) Oktobafest kicked off this past weekend in Nairobi and Eldoret with activations at Enkare, Kitengela and Timba XO, Eldoret. The activations doubled as a celebration of beer and culture as well as a…
2 min read
I&M Bank opens 5 new branches in expansion drive
I&M Bank has officially opened five new branches in Narok, Busia, Ruiru, Kiambu County’s Tatu City, and Embu, bringing the bank’s total branch network to 52, across 16 counties. The new branches are part of the bank’s continued expansion…
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Kimani Maina & Shalom Meeni are the winners of the Youth+Radio podcasting competition
Youth+ Africa recently held their inaugural youth-centered podcasting competition dubbed Youth+ Radio PodQuest 2024. Kimani Maina and Shalom Meeni were announced as top winners at the competition and both received Ksh. 50,000 and Ksh.…
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