Kenya’s leading betting firm Odibets has announced that it will be giving out 100 goats daily to lucky winners starting from December 20, 2022, to 2nd January 2023 in a competition dubbed ‘Shinda mbuzi ya Krisi’. Each Mbuzi will be worth Sh5,000 and will be rewarded to the
The war against Malaria in the Coast and Nyanza regions has been boosted with a new drive to avail solar-powered insecticide-free mosquito trapping systems to households. Dubbed MTego, the innovative solution to fight one of Africa’s major killer diseases was introduced into the Kenyan market this
NCBA Group’s stocked climbed by 1.52 percent Tuesday to emerge among top five gainers on the Nairobi Securities Exchange (NSE). The lender closed the day to sell Ksh.33.5 per share from Ksh.33 in the previous sell. The positive outlook is against the backdrop of the Group’s announcement
President William Ruto launched Hustler Fund on November 30, welcoming millions of Kenyans into a Ksh.50 billion kitty in its first phase which has a minimum loan limit of Ksh.500 and Ksh. 50,000 maximum. During the launch, the President backed the assigning of credit scores to borrowers
By Thabiso Foto, Chief Financial Officer at Founders Factory Africa Startups have become vital engines of change that can have an outsized impact on an economy. They are crucial in fueling innovation and enhancing economic and digital competitiveness. They improve access to products and solutions while
Kenya Airways (KQ) has summed a code share agreement with Royal Air Maroc (RAM) for passengers travelling from Marrakech and Casablanca to Nairobi use KQ. In a renewed Memorundum of Understanding (MoU), Travelers will also be able to connect to Zanzibar and Johannesburg. “This partnership strengthens our
The global inflation crisis paired with roller coaster economic growth and an outlook clouded by uncertainties have led to a decline in real wages around the world, according to a new report published by the International Labour Organization (ILO). The 2022-23 Global Wage Report indicates that
Wall Street's major indexes dropped on Monday as better-than-expected U.S. economic data raised concerns that the Federal Reserve could continue its aggressive policy tightening path. The Dow Jones Industrial Average fell 482.78 points, or 1.40 percent, to 33,947.10. The S and P 500 was down 72.86
The Central Bank of Kenya (CBK) has vacated a waiver on charges incurred by a customer during the transfer of cash from mobile money wallet to banks and vice versa. The reintroduction fee will become effective January 1, 2023. The waiver first came into play on
Pan- African housing development financier - Shelter Afrique, is planning to tap into the East Africa’s capital markets and pension funds to finance affordable housing projects in the region. It has kicked off negotiations with Kenya’s Capital Markets Authority (CMA) to issue a housing bond to
