Latest business stories from across Kenya.
Equity Bank has reduced in interest rates on all new and existing Kenya Shilling-denominated credit facilities. This follows the recent decision by the Central Bank of Kenya’s Monetary Policy Committee (MPC) to cut the Central Bank Rate…
Jiji has kicked off Black Friday with discounts of up to 85% across all categories. The deals promise an unmatched shopping experience for buyers. Jiji has teamed up with verified sellers to bring shoppers the best prices of the season.…
Absa Bank Kenya hosted entrepreneurs, industry experts and key stakeholders for a business club forum in Eldoret. This was in a bid to empower them to build resilience in business communities in uncertain times. The forum concluded the…
When Alex Mwangi witnessed the challenges entrepreneurs faced in search of a website that would translate visitors into paying customers, he decided to create a solution thanks to his skills in web designing. Mwangi started a studio in…
The region’s leading technology company Safaricom hosted an engagement dinner forum to celebrate its dealers in the Rift Valley region for bringing Safaricom’s products and services closer to customers over the years. The dinner event that…
Co-operative Bank of Kenya has reported a Profit Before Tax of Ksh26.8 billion for third quarter of 2024, a commendable 8. 5% growth compared to Ksh24.7 billion recorded in the same period last year.
The Association of Kenya Insurers this week released findings from a study on the state of the bancassurance market in Kenya.
Equity Group has partnered and DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution (DEG), to launch of the German Desk for the East African market. The German Desk is part of Equity…
Kenya’s innovative startups stand to benefit following the signing of a Memorandum of Understanding (MOU) between Konza Technopolis and nine other smart cities
Four Kenyan business leaders are among 100 global recipients of the 2024 Meaningful Business 100 (MB100) award, which recognises leaders who transform their businesses to benefit society and generate profits.
Going cashless in Kenya is the new normal given the high mobile phone penetration and the rising banked population. Businesses are now turning to online money transfer systems as the primary way for their customers to pay for small…
Coping with the aftermath of job loss can be traumatizing especially when you do not have an extra source of income. This is the sad reality that hit Alexander Mutisya in January 2023 when he was left jobless after being fired from his…
Equity Group Profit after Tax for the third quarter has risen by 13% to hit Kshs.40.9 billion as compared to Ksh. 36.2 Billion that was realized in a similar period in 2023. The rise in profitability was due to a 13% rise in interest…
Safaricom has announced the launch its Christmas Festive campaign dubbed ‘Sambaza Furaha’ to reward and celebrate its customers across the country. The five-week campaign seeks to celebrate the festive season by rewarding its customers…
Bolt will commit Ksh14 billion over three years to support raising awareness of the Bolt safety features and scaling preventative measures to help prevent safety cases before they happen.
Kenya Breweries Limited (KBL) officially launched the “Tuzidi Kuinuana” campaign on 7th October at its Kisumu Plant, in commemoration of two decades since the introduction of Senator Keg Lager in Kenya
Absa Bank Kenya on 8th October 2024 hosted 200 business leaders in Kisumu for a Business Club Forum as part of the bank’s Western Kenya caravan.
Liberty Kenya Holdings has appointed Ms Rosalyn Mugoh as the Managing Director of Heritage Insurance Company Kenya Limited.
Absa Bank Kenya hosted 200 business leaders in Kisumu for a Business Club Forum as part of the Bank’s Western Kenya Caravan. The forum concluded the week’s activities across the region with other engagements held to empower Small and Media…
Unlike many business people who engage in entrepreneurship inspired by their successful family members, David Wambugu ventured into the field to break the tradition in his family as non of his family members had ever been into business.…
Keep It Cool, a Kenyan startup dedicated to sustainable innovation, has been named one of the five winners of the prestigious 2024 Earthshot Prize. This honor includes a Ksh. 166 million award to help further the impact of Keep It Cool’s…
Safaricom has announced that it has posted Ksh. 10 billion net profit for the half year period ended September 30, 2024. This is a major reduction from the Ksh. 27 billion the company posted for a similar period in 2023. Kenyan unit…
Amsons Group, the Tanzanian business conglomerate in the race to acquire Bamburi Cement Plc (NSE: BAMB), has announced plans to enhance its market capacity with two new production expansion projects in Tanzania.
Pan African asset finance solutions provider Watu Simu has reached a milestone by selling more than one million mobile devices in Kenya.
