Latest business stories from across Kenya.
Absa Bank Kenya PLC is planning to increase the monthly maintenance fees it charges merchants and personal account holders for using their accounts. Have an Absa Ultimate Account? The bank now charges Ksh710 per month—up from the Ksh690 it…
Kenya’s arguably most successful publicly listed firm Safaricom PLC recently celebrated its 24th anniversary. The day, October 23rd 2024, was marked by on-ground activations which roped in the firm’s over 6000 employees including Chief…
Bolt recently hosted a specialized wellness workshop for its female drivers as part of breast cancer awareness month in October. The workshop focused on the importance of health awareness, early detection, and holistic well-being and was…
Java House has officially opened three new branches as it heads to 100 branches across the region by the end of the Q1 2025. The new outlets fall under Java’s expansion strategy tied to the celebrations of its 25th anniversary. The first…
The Institution of Engineers of Kenya (IEK) has officially opened its 31st International Convention at the Pride Inn Paradise Beach Resort in Mombasa. This marks the beginning of a four-day gathering of over 3,000 engineers, policymakers,…
Youth from Webuye East and Mwingi North constituencies are set to receive technical vocational skills and business development training from the KCB Foundation. The training program comes after the signing of a MoU between the foundation…
EFT Corporation (EFTCorp) and Visa have announced a five-year partnership that aims to revolutionize Africa’s digital payments landscape. This collaboration seeks to enhance financial inclusion and introduce advanced payment solutions…
When Rachael Wangechi was employed as a sales person at a phones dealer in the Nairobi’s Mfangano street, she would see people frequent her boss shop in search for mobile phones. At the time, feature phones were the hotcake and her boss…
Kenya Power recorded a Ksh30 billion net profit for the year ended 30th June 2024, a marking a dramatic return to profitability backed by increased sales and a strong shilling that reduced its costs.
Africa Global Logistics (AGL) Kenya Limited, a provider of logistics and transport solutions, has acquired a prime 5-acre parcel of land in Mombasa.
Visa has announced a working partnership with the United States Agency for International Development (USAID) to improve access to inclusive digital government systems across the world. Following the recent launch of USAID’s Digital Policy,…
A Huawei’s Global Digitalization Index (GDI) report has shown that one-US-dollar investment in digital transformation can yield an 8.3-US-dollar return in a country’s digital economy. The findings were unveiled at GITEX Dubai 2024, jointly…
Safaricom has been awarded the ISO 27701 Privacy Information Management System (PIMS) certificate following an evaluation by the British Standards Institute (BSI). The PIMS certificate is the highest certification an organization can…
Kisumu City will host Kenya’s first-ever E-mobility Youth Skills Forum and Motor Show, aimed to empower youth in the rapidly expanding electric mobility sector. The event has been slated for November 1st to 3rd at the Goan Centre in…
Google President of EMEA Matt Brittin has announced Ksh. 748,432,000 (USD 5.8 million) in Google.org funding to support foundational AI and cybersecurity training in Kenya, Nigeria, and South Africa. The funding will support organizations…
The Marketing Society of Kenya (MSK) has extended the final submission deadline for the 2024 MSK Annual Awards Gala entries to 4th November, 2024. The deadline extension follows its official launch on 9th October at the Mövenpick Hotel in…
The East African Business Council (EABC) has trained over 50 SMEs in partnership with the Team Europe Technical Assistance Facility. The training aimed to support the AfCFTA and Continental Economic Integration (EU-TAF) and enhance…
Local restaurant chain Café Deli has officially relaunched its Ngong Road branch as its hub offering culinary experiences. This expansion is part of the implementation of Najala Ltd’s strategic growth plans to expand its footprint across…
Kenya Power has announced that it recorded a net profit of Ksh.30 billion for the financial year ending June 30, 2024. This represents an improvement from the previous year. Key Highlights: Sales Growth: Electricity sales increased by 21%…
Members of the Kenya Bankers Association have committed Ksh450 billion towards supporting Micro, Small, and Medium-sized enterprises (MSMEs) over the next three years as part of the banking sector’s commitment to support access more…
Advances in technology have meant that most of the services that we consume on a regular basis have been moved online in a bid to ensure convenience. Consequently, the rise of e-commerce has seen people adopting digital payment methods…
The Kenya Association of Manufacturers (KAM) and Kenya Magistrates and Judges Association (KMJA) have launched the Business Guide on Anti-Corruption and Economic Crimes Law in Kenya. The Business Guide simplifies the legal framework…
Airtel Kenya has launched a new Data ImeData campaign offering their weekly and monthly data customers up to 50% more data from Ksh. 50 to Ksh. 1,000. The Amazing Weekly and Monthly data plans are currently available for purchase via USSD…
VFS Global has announced that residents of Kenya traveling to the UK can now book appointments to submit their visa applications through VFS Global’s new visa application centers in Nairobi and Mombasa. Effective 22 October 2024, customers…
