Year: 2023
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Corporate
Zoho opens first office in Nairobi, announces strategic partnership
Zoho Corporation, a leading global technology company, marked a significant milestone with the official opening of its new office in…
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Economy
Low-carbon startups in Africa hit first close at Ksh.6.6 billion
Africa’s climate tech startups could see a significant increase in funding in the coming years as more funds target the…
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Corporate
Standard Chartered Bank Q1 net profit up 45.7% to Ksh.4 billion
Standard Chartered Bank Kenya saw its quarter one financial gain, when it posted a 45.7 percent increase in net profit…
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Corporate
Kenya becomes regional hub for BAT in East, Southern Africa markets
As part of the BAT Group’s business transformation agenda, BAT’s regional office in Kenya has expanded its market scope to…
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Politics
Kenyan expert on international issues weighs in on US spying claims
The United States needs to do some “soul searching” over its “diabolical” spying behaviors on other countries, according to a…
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Economy
Ghana seeks $4 billion from three lenders to shore up ailing economy
Ghana is seeking credit facilities from three multilateral lenders – International Monetary Fund (IMF), World Bank and the African Development…
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Corporate
Equity Group’s 2023 Q1 profit up 10% to Ksh.16.9 billion
Equity Group Holding posted a 10 percent jump in pre-tax profit to Ksh.16.9 billion on a rising loan book in…
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Corporate
Equity Group receives approval for insurance business in Kenya
Equity Group Holding said on Monday it had received regulatory approval to set up a general insurance business in Kenya,…
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Economy
Ruto’s Housing Fund headache and why it matters
Kenya’s urbanization rate stood at an average of 3.7% as of 2021, higher than the global average of 1.6%. Similarly,…
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Markets
Investors avoid duration risk in T-Bills as subscription rate hits 110% to Ksh.19 billion
Based on market analysis for the past week, Treasury Bills were oversubscribed, with the overall subscription rate at 110.7%, up…
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