Business

M-Pesa revenue to surpass a record Ksh.107 billion as subscribers hit 32 million

M-Pesa revenue to surpass a record Ksh.107 billion as subscribers hit 32 million

Safaricom made public the total number of its mobile money network users, M-Pesa, days after it switched on its network…
Jumia anticipates millions of customers on its 7th Black Friday invite

Jumia anticipates millions of customers on its 7th Black Friday invite

Millions of consumers are expected to log on to the Jumia App to leverage online sales in the company’s 7th…
Ruto launches monthly “rent-to-own” housing units in Kibra for as low as Ksh.2400

Ruto launches monthly “rent-to-own” housing units in Kibra for as low as Ksh.2400

President William Ruto launched the construction of 4,054 affordable housing units in Kibera Soweto B Social Housing Project, Nairobi. The…
DP Gachagua flags off Russian subsidised fertilizer for small holder farmers

DP Gachagua flags off Russian subsidised fertilizer for small holder farmers

Deputy President Rigathi Gachagua assured Kenyan farmers that the Kenya Kwanza government would aggressively pursue markets for their produce as…
Electricity price up by Ksh.7.09 per unit amid weakening shilling

Electricity price up by Ksh.7.09 per unit amid weakening shilling

The cost of electricity has risen for the second month in a row adding more pain to an ever rising…
Netflix reignites growth albeit at slow pace

Netflix reignites growth albeit at slow pace

When Netflix reported its third quarter earnings this October, the company had a pleasant surprise for its shareholders. The streaming…
ICT CS nominee Owalo hints at changing KBC name

ICT CS nominee Owalo hints at changing KBC name

Eliud Owalo, the Cabinet Secretary nominee for the position of Information Communication Technology (ICT) hinted at changing the name of…
Family Bank inks a 90% electric matatu financing deal with BasiGo

Family Bank inks a 90% electric matatu financing deal with BasiGo

Family Bank and BasiGo have entered into a partnership which will see Kenyans in the Public Service Vehicle (PSV) industry…
Kenya among ten AFMI countries enjoying Ksh.193.6 billion in IMF funding

Kenya among ten AFMI countries enjoying Ksh.193.6 billion in IMF funding

Kenya is among ten Africa Financial Market Index (AFMI) countries that have so far received Ksh.193.6 billion in funding in…
Kenya moves up two places to rank 8th in 2022 Absa AFMI

Kenya moves up two places to rank 8th in 2022 Absa AFMI

Kenya moved up two places to rank eighth in the year 2022 in Absa Africa Financial Markets Index (AFMI). This…
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