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ICANN's new program to enable Kenyan businesses, others boost online presence
Nov 21, 2024 at 12:25 AM
The Internet Corporation for Assigned Names and Numbers (ICANN) has launched the Applicant Support Program (ASP) for the New Generic Top-Level Domains (gTLD) Program: Next Round, p...
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Absa Bank Kenya expands its reach in satellite towns with new Kamakis branch
Nov 20, 2024 at 04:04 PM
Residents of Kamakis and its environs have received a major boost as Absa Bank Kenya officially opened a new branch in the area....
Stanchart posts 64 per cent rise in pre-tax profit to Sh22.5 billion in Q3 2024
Nov 20, 2024 at 02:52 PM
Standard Chartered Bank Kenya has delivered a solid performance for the third quarter of 2024, with profit before tax rising by 64 per cent to 22.5 billion driven by strong revenue...
I&M posts 24 per cent profit increase to Sh14.1 billion, announces Sh1.30 dividend
Nov 20, 2024 at 01:31 PM
I&M Group has posted a remarkable performance for the third quarter of 2024, showing a 24 per cent increase in Profit Before Tax (PBT) to Sh14.1 billion, up from Sh11.4 billion in ...
Allan Kilavuka to chair Africa airline lobby
Nov 20, 2024 at 12:45 PM
Kenya Airways (KQ) CEO Allan Kilavuka has been appointed the new Chairperson of the Africa’s Airline Association (AFRAA) at the 56th Annual General Assembly and Summit in Cairo, ...
NCBA pushes strategic retail expansion drive with new branch in Kerugoya Town
Nov 20, 2024 at 12:04 PM
NCBA Bank has officially extended its footprint to Kerugoya, opening its 97th branch in a move designed to bring innovative banking solutions closer to Kirinyaga County residents....
Equity unveils Joska branch, expanding its footprint to 212 locations nationwide
Nov 20, 2024 at 11:04 AM
Equity Bank has inaugurated its latest branch in Joska, located along Kangundo Road in Machakos County but within the Nairobi Metropolitan Area, extending its national branch netwo...
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Lifeline for expectant mothers as SHA unveils new maternal health policy
Nov 20, 2024 at 09:59 AM
The Social Health Authority (SHA) has rolled out a transformative policy to guarantee expectant mothers access to essential maternal health services, irrespective of their contribu...
SGR leaks Sh144 million as passenger numbers, cargo volumes drop
Nov 19, 2024 at 11:58 PM
The Standard Gauge Railway (SGR) is navigating a rough patch, reporting a Sh144 million revenue drop between August and September 2024 as passenger numbers and cargo volumes took a...
Absa Bank Kenya reports 20 per cent surge in post tax profit to Sh14.7 billion
Nov 19, 2024 at 11:17 PM
Absa Bank Kenya has reported a remarkable Sh14.7 billion in profit after tax, a 20 per cent increase from last year, marking a year of impressive financial resilience....
Equity Bank responds to CBK rate slash with significant loan interest reduction
Nov 19, 2024 at 02:38 PM
In a bid to provide financial relief to its customers, Equity Bank has announced a significant reduction in interest rates on all Kenya Shilling-denominated credit facilities, effe...
KNBS notes 13.2 per cent surge in mobile money transactions to Sh6.5 trillion
Nov 19, 2024 at 01:56 PM
The Kenya National Bureau of Statistics (KNBS) has reported a remarkable surge in mobile money transactions, which hit Sh6.5 trillion in the first nine months of 2024....
National Treasury denies owing counties as governors warn of service disruptions
Nov 19, 2024 at 01:11 PM
The National Treasury has firmly denied owing any arrears to county governments, following a warning by the Council of Governors (CoG) about potential service delivery disruptions ...
NTSA sounds alarm on dangerous road habits costing Kenya Sh310 billion yearly
Nov 19, 2024 at 11:40 AM
Kenya’s roads are a lifeline for its economy but are turning into deadly battlegrounds that claim 3,000 lives annually and drain Sh310 billion—5 per cent of the national GDP—...
New bill aims to bring buy-now-pay-later companies under CBK control
Nov 19, 2024 at 10:45 AM
Kenya’s fast-growing buy-now-pay-later (BNPL) sector is about to face a potential shake-up with the introduction of a new Bill in Parliament that could place BNPL firms under the...
Proposed tea bill could leave farmers vulnerable to price fluctuations
Nov 18, 2024 at 06:44 PM
A new legislative proposal, the Tea (Amendment) Bill 2023, has sparked concerns over the financial stability of Kenyan tea farmers, as it seeks to overhaul the allocation of revenu...
Counties face Christmas cash crunch as governors issue grim warning
Nov 18, 2024 at 06:10 PM
County governments are on the brink of collapse as a severe cash crunch threatens to disrupt services and leave employees unpaid during the festive season....
Safaricom launches 'wai ndai' gaming challenge with cash prizes, Suzuki Altos
Nov 18, 2024 at 05:37 PM
Safaricom has unveiled an exciting 90-day online gaming challenge, the 'Wai Ndai' Challenge, which kicked off on Saturday and will run through to February 15, 2025....
Kakuzi secures 5 nominations in Kenya Avocado Industry Excellence Awards
Nov 18, 2024 at 02:40 PM
Kakuzi PLC has earned remarkable recognition in the Kenyan avocado sector, securing five nominations in the highly anticipated 2024 Kenya Avocado Industry Excellence Awards....
Ryan Mule: How Samsung’s AI innovations are transforming productivity
Nov 18, 2024 at 01:15 PM
In the evolving landscape of work, where agility, efficiency, and adaptability define productivity, Samsung is at the forefront, crafting a future where artificial intelligence (AI...