Corporate
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SportPesa Founder Karauri Ventures into Matatu Insurance
Ronald Karauri, a co-founder and prominent shareholder of the betting firm SportPesa, has ventured into the general insurance sector. Karauri…
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Applications open for 3rd Mastercard Foundation EdTech Fellowship in Kenya
Applications are open for the third cohort of the Mastercard Foundation EdTech Fellowship in Kenya after the successful completion of…
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Family Bank Celebrates 40 Years of Empowering Communities, Economic Growth
Family Bank has marked its 40th anniversary with a celebration of its unwavering commitment to empowering communities, fostering economic growth,…
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Equity Group Pretax Profit up Ksh.51 billion in 9 Months
Equity Group Holdings on Tuesday reported pretax profit of Ksh.51.0 billion ($397 million) for the first nine months of 2024. The…
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The Role of SACCOs as International Remittance Providers in Kenya
SACCOs have the potential to boost financial inclusion and stimulate economic growth in Kenya through international remittances, particularly in underserved…
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Peter Ndegwa’s 2024 Pay Down 19.4% to Ksh.252.3 Million
Peter Ndegwa, CEO of Safaricom Plc, East Africa’s telecom giant, received Ksh.252.3 million ($1.95 million) in total compensation for the…
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Family Bank Appoints Lazarus Muema as New Board Chairman
Family Bank has announced the appointment of Mr. Lazarus Muema as the new Chairman of its Board of Directors, following…
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Kenya Pipeline Upgrades Western Kenya Pipeline Boosting Flowrate to 515M3 Hourly
Kenya Pipeline Company (KPC) has successfully completed the second phase of its Line IV upgrade on the Nairobi-Eldoret pipeline, enhancing…
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Female Bosses Nowhere as African Start-ups with $100M+ Funding Still Dominated by Male
Since 2019, 27 start-ups in Africa have secured over $100 million in equity, debt, or grant funding. Leading the pack…
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Adani Green Profit Jumps 38% Amid Growing Clean Energy Demand
Adani Green Energy Ltd. reported a 38% increase in second-quarter profit, following rising power sales and an installation expansion. Profit…
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