Business

KEPSA pushes for formalizing informal segment for small businesses

KEPSA pushes for formalizing informal segment for small businesses

The Kenya Private Sector Association (KEPSA) now wants formalisation of the informal segment for the Small and Medium Enterprises (SMEs)…
Kenya Power resumes token generation after hours of delay

Kenya Power resumes token generation after hours of delay

Kenya Power has resumed the generation of tokens after hours of a technical hitch. The power utility said its prepaid…
Safaricom scoops two awards at prestigious world congress

Safaricom scoops two awards at prestigious world congress

Safaricom has won a prestigious Global Mobile Award (GLOMO) for the M-PESA Super App under the “Best Mobile Innovation for…
Why Nairobi is leading in poorly designed houses

Why Nairobi is leading in poorly designed houses

Kenya has witnessed a growing number of unapproved buildings in the recent past, with stakeholders worrying over the growing number…
GOtv commissions its 28th transmission site in Busia

GOtv commissions its 28th transmission site in Busia

GOtv Kenya, a multicourse-owned pay-TV has expanded its signal coverage in Busia county with the opening of a new transmission…
M-Pesa Foundation launches Ksh.50 million Daktari Smart Initiative in Samburu

M-Pesa Foundation launches Ksh.50 million Daktari Smart Initiative in Samburu

M-Pesa Foundation and Gertrude’s Hospital Foundation launched a Ksh.50 million telemedicine initiative, Daktari Smart in Samburu County. The initiative aims…
Co-op bank reverses M-Pesa fee amid outcry by customers

Co-op bank reverses M-Pesa fee amid outcry by customers

The Co-operative Bank of Kenya revoked its decision to charge fees on M-Pesa deposits to customers’ bank accounts after an…
Stanbic announces 50% dividend on increased Ksh.7.2 billion profit  

Stanbic announces 50% dividend on increased Ksh.7.2 billion profit  

Stanbic Holdings has registered a Ksh.7.2 billion profit for the year ended December 31, 2021. This represents a 39 percent…
Norfolk hotel returns to business after 21 months of closure

Norfolk hotel returns to business after 21 months of closure

The renowned Fairmount The Norfolk is set to reopen its doors to customers in April 2022 after staying out of…
Number of Kenyans who joined millionaire league in 2021

Number of Kenyans who joined millionaire league in 2021

According to a 2022  new poll by the Knight Frank Wealth Report, the number of dollar millionaires in Kenya increased…
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