- By Simon Wafubwa Risk management in alternative investments is a critical aspect of ensuring the stability and sustainability of pension funds. Globally, a shallow recession coupled with geopolitical tensions and heightened inflation have created a challenging environment for the traditional assets…
- Stephen Chogo Visendi, a 51-year-old construction manager and electrician from Vihiga County, has become the inaugural winner of Ksh10,000,000 in SportPesa’s free-to-play game, Goal Rush.
- A Kenya Airways (KQ) flight landed safely at Kisumu International Airport Thursday evening after a bird strike. The steering components of the plane were affected, but no one was injured in the incident involving KQ Flight 670, which had departed the Jomo Kenyatta International Airport (JKIA) in…
- The Kenya Power and Lighting Company (KPLC) has announced a plan to boost the number of electric vehicle charging points in the country in an effort to stoke the already growing consumer demand for electric vehicles (EVs). KPLC said Thursday that it is looking to build a new nationwide network of…
- The NCBA Money Market Fund is among the investment solutions of NCBA Bank, one of the biggest commercial banks in Kenya. In summary, a money market fund is a low-risk investment option that invests in high-quality securities of short maturities, and the NCBA’s is no different; In financial markets…
- Sidian Bank has been awarded at theThink Business Bank Awards 2024, where it was recognized for its Best Bank in Trade Finance – 1st Runner Up and The Bank with Lowest Tariff – 1st Runner Up. “The awards showcase Sidian Bank’s dedication to excellence and innovation in the banking sector. Being…
- Menzies Aviation and Siginon Aviation, strategic partners that provide cargo handling services in Kenya, have been awarded the International Air Transport Association (IATA) CEIV Pharma accreditation for its recently expanded facility in Nairobi, Kenya. This marks the seventh Menzies Aviation…
- The journalism community in Kenya is mourning the loss of KTN reporter Shadrack Mitty, a seasoned journalist who dedicated nearly a decade of his career to The Standard Group.
- NTT DATA, a digital business and IT services leader, has been selected by Salesforce, the #1 AI CRM, to help standardise and streamline the company’s application environment.
- Opposition leader Raila Odinga and his political party, Orange Democratic Movement (ODM), appeared sceptical Wednesday of the idea of the government reversing the course of the muguka ban in Mombasa and a handful of other coastal counties. In a statement to the press, ODM started by lauding the…
- Absa Bank Kenya has joined the rest of the country’s biggest banks in reporting bumper first-quarter profits on the back of a rise in CBK lending rates that allowed them to charge more for loans and mortgages. For the three months to this March, Absa Bank recorded a 34% surge in quarterly profits…
- Family Bank Group has posted a Ksh1.3 billion profit before tax for the period ended 31st March 2024, representing a 24.3% growth from a similar period last year.
- Jubilee Health Insurance has launched “Always With You” program, a new value proposition that aims to make healthcare more accessible and convenient for its customers. The “Always With You” program, available to all Jubilee Health customers, will cover a wide range of services including scheduled…
- A Kenyan woman is being locked up in a prison in Egypt and has spent close to three weeks now awaiting deportation proceedings. The woman, identified as Linet Makena, was arrested and detained by immigration officials in the northeast African country on May 8 following a targeted operation that…
- Safaricom in partnership with M-PESA Africa and Sumitomo Corporation has shortlisted nine startups to benefit from the Spark Accelerator Program, a platform for bold and visionary founders to grow and scale their businesses.
- Edge computing ecosystems are still in the process of maturing, and so, enterprises in Kenya are inclined to be extra diligent when it comes to choosing platforms, tools, and other solutions.
- Embracing a new chapter as a matatu owner, Njugush bold investment decision has garnered attention for its innovative approach and strategic thinking.
- A judge in Embu on Tuesday blocked a countywide ban on muguka from taking effect in Mombasa, preventing the nation’s first such prohibition on the caffeine-filled stimulant that produces a mild high when chewed. The judge, Lady Justice Lucy Njuguna, sitting at the High Court in Embu County, halted…
- As the CEO of Myspace Properties, a premier real estate company focusing on property development and management, Mwenda Thuranira is testament to the transformative power of hard work and determination.
- After days of settled weather, sunny days and calmer conditions, forecasters have announced that less than an inch of rain could fall in most parts of Nairobi this Monday evening. Some lingering showers not exceeding 20mm are expected in Westlands, Dagoretti South and Embakasi East and between 20mm…
- Despite 64% of Africans expressing confidence in the continent, they remain loyal to non-African brands, which have retained their lowly 14% of the most admired brands in Africa
- National Bank of Kenya (NBK) has posted a pre-tax profit of Ksh535 million in its 2004 first quarter financial results, representing a 217% increase compared to Ksh169 million reported in a similar period last year.
- Kenya Power has announced a 24-hour outage of its prepaid token vending system, slated to commence at 10:00 pm on Sunday, June 2, 2024. In a statement issued on Monday, May 27, 2024, Kenya Power said the outage is aimed at implementing crucial improvements that will ultimately benefit consumers. “…
- By Pieter Prickaerts One of the concerns in the health insurance industry is the increase in claims frequency in recent years, consequently leading to additional increases in costs. The increase in claims has intensified the burden of claims processing, hence impacting negatively on the insurers’…
- The Kenya Film Classification Board (KFCB) has recently sent notices to several prominent Kenyan content creators, warning them to obtain filming licenses within 14 days or face legal action.
- The boys team’s 4-0 quarterfinal victory against Asian representatives Qatar in the International Schools Sports Federation (ISF) football World Schools Championships (WSC) was overturned.
- United Bank for Africa (UBA) is celebrating 75 years of service globally, 15 being in Kenya. The bank held a global media conference showcasing the Bank’s journey since its establishment in 1949 to become the leading financial institution in Africa with operations in 20 African countries: and major…
- Family Bank Board of Directors has appointed Architect Francis Gitau Mungai as the new Chairman of the Board of Directors, subject to regulatory approvals, taking over from long-serving Chairman Dr Wilfred Kiboro.
- NCBA Bank Kenya, one of the country’s largest lenders, kicked off earnings season with a 5% rise after posting Ksh5.3 billion profit after tax in the 1Q of 2024. In the first three months to this March, most metrics of its businesses were solid as it recorded an across-the-board strength compared…
- Fanaka Real Estate Ltd, a leading real estate company based in Nairobi, has partnered with NCBA, one of Kenya's most respected banks, to streamline the financing process and make your dream home a reality.
- Kenya Power and Lighting Company (KPLC) has announced a planned power outage that will affect residential and business customers in some parts of Nairobi, Migori and Siaya counties and Gitaru and Kanyariri in Kiambu on Wednesday, May 22, 2024. In all the affected areas, the scheduled maintenance…
- Sportsbet.io’s team of ambassadors is expanding once again, with three new members ‘joining the crypto experience’ with the world’s favourite crypto sports betting site. The latest signings come hot on the heels of a big win from an existing Sportsbet.io ambassador, the rapper King Kaka. King Kaka…
- A paedophile from Nakuru will begin serving a 320-year jail sentence for blackmailing a string of vulnerable victims, defiling three, and sexually assaulting two others after his appeal failed. Having pleaded guilty to the sexual offences on September 19, 2019, when he was arrested and charged by a…
- Co-op Bank profit increased to Ksh6.58 billion for the first quarter of 2024 as its strategic focus on sustainable growth and resilience continues to bear fruit.
- State House Kenya has refuted a claim that President William Ruto has been denying the office of former president Uhuru Kenyatta funding due to their political differences. Speaking at Harambee House on Sunday, State House Spokesperson Hussein Mohamed disproved the eye-catching allegation published…
- Airtel Money Kenya Ltd has donated Ksh25 million to the Kenya Red Cross Society (KRCS) to assist victims of flooding caused by the heavy March-April-May rains in Kenya.
- The fourth round of the 2024 Diamond League will be underway today on Sunday, May 19, and three Kenyan runners are among the athletes who will be lining up for the men’s 800m at Stade de Marrakech in Marrakesh, Morocco. The three, Emmanuel Kipkurui Korir, Wycliffe Kinyamal and Emmanuel Wanyonyi, 19…
- Weeks ago, when it was still raining, an update was out that President William Ruto would be on a state visit to the United States of America (USA) on May 23, and his Kenya Kwanza side of politicians could not keep calm; As usual, they celebrated, ululated and politicised it, especially as it was…
- Khalif Kairo, a fast-rising Kenyan businessman still in the trenches of fame, has advised all men in relationships after his rumoured breakup with his now ex-girlfriend, Cera Imani. It is reported that the prominent car seller saw dust recently this week, Cera, who said she is on an “active healing…
- Tech industry leaders and CEOs from top Kenyan companies are representing Kenya at this year’s Africa CEO Forum in Kigali, Rwanda. Leading the pack are mTek’s Bente Krogmann, Kaushik Burman of Spiro, Jesse Moore from M-Kopa, Ian Usiri of Ramani, Jacqueline Wambua, General Manager-East Africa at…
- A man has died in a hospital in Nakuru County after, allegedly, his girlfriend fatally stabbed him in his lower right abdomen during a domestic row that led to a fight at their home in the Mutiritia area, Molo Sub-County. According to the police, the incident took place on Monday, May 13, when both…
- As the investment landscape continues to evolve, Gen Z investors are likely to play a significant role in shaping the future of finance with their innovative and socially conscious investment strategies.
- Rescue crews are still searching frantically for three missing people after a small but disruptive landslide triggered by relentless heavy rainfall experienced in many parts of the country ripped down a village yesterday in the township of Kimende, south of the Aberdare Ranges in Kiambu County.…
- DIB Bank Kenya (DIBBK), a wholly owned subsidiary of Dubai Islamic Bank PJSC (the largest Islamic bank in the UAE), announced its results for the period ending March 31, 2024.
