Markets
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Kenya to join list of countries with digital currency
The Central Bank of Kenya (CBK) is introducing Central Bank Digital Currency in Kenya’s market space and has invited the…
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Digital lender Branch acquires 84.89% shareholding of Century Microfinance Bank
Digital lender Branch has successfully acquired 84.89 percent shareholding of Century Microfinance Bank (Century MFB). The acquisition dated January 1,…
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Sri Lanka based Mauritius Holdings acquires 73% shareholding of Key Microfinance bank
The Central Bank of Kenya (CBK) has approved the 73 percent acquisition of the shareholding of Key Microfinance Bank PLC…
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Kenyan Shilling to weaken further, experts warn
Experts are now warning that the Kenyan shilling is likely to depreciate even further after it weakened against the US…
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Kenya’s private sector growth down 7.8% on COVID-19 ravages
Kenya’s private sector credit growth declined in 2021 coming in at an average of 7.8 percent compared to 8 percent…
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UK-based first food chain Chicken Cottage to open branches across East Africa
The United Kingdom-based Chicken Cottage has signed a deal to open outlets in Kenya and other East African nations. The…
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Amitruck raises Ksh.454 million to accelerate Africa’s expansion.
Kenya- based digital trucking logistics startup Amitruck secured Ksh.454 million in a seed funding round with investors participation from Africa,…
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January Coffee earnings up 90% to Ksh.10.2 billion
Coffee earnings in the month of January jumped to 90 percent to record Ksh.10.2 billion compared to Ksh.5.3 billion that…
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Survey reveals change in taste for future homebuyers since COVID onset
The onset of COVID-19 has triggered quite a few changes in our everyday life activities more so now that everyone…
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Places in Nairobi with low land rates
Land in Nairobi is very expensive, and you may find a piece of property of 50×100 (1/8-acre), or even smaller…
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