Corporate
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UN To Cut Over 7,000 Jobs Over US Funding Pull Back
The United Nations is undertaking its most significant cost-cutting effort, with Secretary-General António Guterres announcing a 20% reduction in the…
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Shelter Afrique Secures $120 Million from Arab Bank for Affordable Housing Initiatives
Shelter Afrique Development Bank (ShafDB) has secured $120 million from Arab Bank for Economic Development in Africa (BADEA) to increase…
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South African Businessman & LA Times Owner Eyes IPO by 2026
The Los Angeles Times may soon go public, potentially joining the ranks of publicly traded media companies such as The…
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SGA, Isuzu Ink $3 Million Deal for Enhanced Security Services
Security Group Africa, (SGA Security) a security solutions provider in East Africa, has partnered with Isuzu East Africa to enhance operational…
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How Safaricom Boss Ndegwa Earned Over Ksh.200 Million in One Year
Safaricom Chief Executive Peter Ndegwa earned a total of Ksh.294.2 million ($2.2 million) for the year ending March 2025—a 17%…
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Airtel Kenya Hits 24 Million Subscriber Base in New Campaign Drive
Airtel Kenya customer base has hit a 24 million mark, a 14.2 percentage point uptick from 21 million subscribers, according to the…
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Absa Launches Kenya’s First Fully Mobile Shariah-Compliant Banking Platform
Absa Bank Kenya PLC has launched La Riba Timiza, the country’s first fully Shariah-compliant mobile banking platform by a Tier…
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How Commercial Banks Have Reaped from SME Lending in New Report
Kenyan commercial banks earned an additional Ksh.13 billion in interest from small and medium enterprises (SMEs) in the year ending…
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Jambojet Posts Ksh.873 Million Loss in 2024 on High Fuel Costs
Jambojet, a low-cost subsidiary of Kenya Airways (KQ), reported a Ksh.873 million loss in 2024, worsening from a Ksh.335 million…
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DStv Joins Brand Africa Hall of Fame after Being Named Africa’s Top Media Brand
DStv has been crowned the Most Admired African Media Brand in the Brand Africa 100 | Africa’s Best Brands 2025…
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