Business

Flood Victims to Benefit from Safaricom’s Ksh.30 Million Kitty

Flood Victims to Benefit from Safaricom’s Ksh.30 Million Kitty

Safaricom announced Thursday it will support Kenyans affected by the flood through M-PESA Foundation. The Ksh.30 million will be used…
Safaricom Earnings Crosses $1 Billion Mark, Retains Dividend at Ksh.1.2

Safaricom Earnings Crosses $1 Billion Mark, Retains Dividend at Ksh.1.2

In the dynamic landscape of African business, a select few companies have managed to surpass the $1 billion mark in…
KRA Partners with KNCCI to Boost Tax Compliance Among MSMEs

KRA Partners with KNCCI to Boost Tax Compliance Among MSMEs

Kenya Revenue Authority (KRA) has announced partnership with the Kenya National Chamber of Commerce and Industry (KNCCI) to sensitize Micro,…
Schools in Kenya to Re-Open on May 13th

Schools in Kenya to Re-Open on May 13th

Schools are set to be re-opened in Kenya on May 13, 2024, following the announcement by President William Ruto. The…
Ruto Declares Friday Public Holiday

Ruto Declares Friday Public Holiday

President William Ruto declared Friday a public Holiday following the heavy rains that have claimed lives. The May 10, 2024…
Delayed US Rate Cut to Hurt Borrowing in Kenya

Delayed US Rate Cut to Hurt Borrowing in Kenya

The decision by the U.S. Federal Reserve to postpone the anticipated reductions in interest rates to later in the year,…
Why Kenya Shilling Can’t Hold Grip Against Dollar for Long

Why Kenya Shilling Can’t Hold Grip Against Dollar for Long

Kenya has witnessed a significant shift in its currency dynamics, with the Kenyan Shilling depreciating against the US Dollar –…
NCBA Launches New App for Tanzanian Market

NCBA Launches New App for Tanzanian Market

The NCBA Group has introduced its cutting-edge banking omnichannel application, NCBA Now, in Tanzania. The primary goal is to enhance…
Absa Life Assurance Earnings Up 90% to Ksh.862 Million

Absa Life Assurance Earnings Up 90% to Ksh.862 Million

Absa Life Assurance Kenya (Absa Life), an Absa Group subsidiary, reported a 90% increase in headline earnings to Ksh.862 million…
Details of Investment Deals Between Kenya and Tokyo

Details of Investment Deals Between Kenya and Tokyo

Kenya is poised to receive a boost in foreign direct investment (FDI) from Asian country, Japan and Porland This FDI…
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