Big Win for Co-op Bank in Race for Sh10B Pensions Fund
Co-op Bank of Kenya has registered a major milestone after being picked among financial institutions that will handle the lucrative public pensions contributions.
2 min read
Business Today Kenya
Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.
SBM Bank Giving Out Cash to Attract More Customers
SBM Bank of Kenya has launched a three-month cash-back reward campaign for all its debit, credit and prepaid cardholders to drive card utilization and attract new customers.
2 min read
Disruptive Startups Expected in Visa Africa Fintech Accelerator Program
Launched in June 2023, Visa Africa Fintech Accelerator Program aims to enable Africa’s expanding start-up community by bringing expertise, connections, technology and investment funding.
2 min read
Kakuzi Billionaire Builds Over Ksh360 Million Stake in Safaricom
John Kibunga Kimani, the Kenyan billionaire investor known as the largest shareholder of agricultural stocks at Kakuzi, has built stakes worth above Ksh360 million in Safaricom, the biggest telecommunication company in the country trading…
1 min read
Co-op Bank Increases Daily ATM Withdrawal Limit
Now Co-op Bank ATM holders will withdraw up to Ksh60,000 per day, a 50% increase from Ksh40,000, which was set nine years ago.
1 min read
Diageo Elevates EABL’s Anne Joy Michira to a London-Based Role
Ms Anne Joy Michira will take up her new, London-based role from April 1, and will report to Mr John Musunga, a Kenyan, who was appointed to head the newly established SWC business unit in November 2023.
2 min read
These 5 Companies are Driving the Stock Market in 2024
While the stock market is generally limping so far in the year, a handful of companies are shining with strong year-to-date gains.
2 min read
How to Make Smarter Trading Decisions and Boost Profitability with a VPS
One of the most effective tools for taking your trading activity up a gear is a virtual private server (VPS).
4 min read
Taxation on Kenyan Casino Players is Soon to be Unsustainable
This heavy taxation on Kenyan casino players impacts both the earnings of players and the revenue of betting firms.
3 min read
UBA Kenya Gets First Female CEO
UBA Kenya has appointed Mary Mulili as its new CEO effective January 19, 2024, subject to regulatory approval. Ms Mulili becomes the first female CEO of UBA Kenya marking a significant achievement in the UBA Group in fostering gender…
2 min read
KCB Splashes Ksh65 Million Into 2024 East Africa Golf Tour
KCB Bank Kenya has put in Ksh65 million towards the second edition of the KCB East Africa Golf Tour, a series that kicks off this weekend at the Mombasa Golf Club. The 11-month-long series, comprising 24-leg amateur legs is expected to…
2 min read
Sidian Bank Relocates Moi Avenue Branch To MKU Towers
Sidian Bank has announced its relocation from the Guilders Building to MKU Towers, effective January 29, 2024. The lender says the move signifies a step forward as it continues to expand its operations and enhance accessibility for its…
1 min read
Mother of 2 Correctly Predicts 12 Matches and Wins Sh1 Million
Irene Kadongo accurately predicted the outcome of 12 out of 13 matches, securing her place as this year’s inaugural winner of the coveted weekly jackpot, earning herself Ksh1,101,920.
1 min read
Shortage of Cash Causing Stress and Anxiety Among Kenyans
Majority of Kenyans are broke and struggling to survive as the harsh economic times continue to hit many households, the latest research by Infotrak Research and Consulting says.
2 min read
Kenya’s High Debt to Slow Down Long Term Development
According to the Institute of Public Finance (IPF) in its latest Macro Fiscal Analytical Snapshot Report, Kenya’s economy finds itself in a tight spot following years of successive borrowing.
3 min read
Kenya’s Mysterious Millionaires Yet to Claim Sh63 Billion
UFAA has rolled out reunification clinics and campaigns aimed at encouraging members of the public to check unclaimed financial assets that could have been surrendered to the Authority in their name and are now sitting in UFAA’s database.
2 min read
At SportPesa, a Virtual Betting Experience for Just Sh5
SportPesa virtual betting experience has brought a new level of excitement to fans with the lowest entry point so far in the market.
2 min read
SportPesa Mega Jackpot Soars to Sh345 million
The excitement is reaching a fever pitch as the SportPesa Mega Jackpot breaks records, now standing at an awe-inspiring Ksh345,220,964 following the absence of a winner in the last round.
1 min read
Squabbling Firms Strike Deal on Google Cloud Services Payment
Twiga Foods and Incentro Africa on 23rd January 2024 announced a renewed and strengthened partnership, following a breakthrough in the resolution of a historical dispute between them.
2 min read
Absa Bank to Provide 90% Financing for Superior Homes Buyers
Leading real estate developer Superior Homes (Kenya) PLC has signed a partnership with Absa Bank Kenya that will see home buyers enjoy 90% financing.
2 min read
Africa e-Commerce Boom: Trends, Challenges and Future Prospects
Notably, mobile e-commerce is gaining prominence, with platforms like Kenya’s Wasoko, Nigeria’s Jumia, South Africa’s Takealot, and others expanding digital payment options.
3 min read
RwandAir Beats KQ in Signing IATA Safety Leadership Charter
The International Air Transport Association (IATA) announced that RwandAir has become the latest signatory in Africa to the IATA Safety Leadership Charter.
2 min read
Football Predictions that Left the World Stunned
Throughout its history, there have been instances where astonishing turnarounds, underdog victories and remarkable individual feats shattered football predictions and expectations.
3 min read
Safaricom to Collect and Manage Revenue for Kisumu County
The innovative platform will support various revenue services in Kisumu County, including parking, cess, markets, advertising, property rates and approvals, among other services to reduce queues and wait times.
2 min read