- StanChart released 3Q23 earnings, posting an 11.8%y/y growth in EPS to KES 25.77. The performance comes on the back of a 34.5%y/y climb in net interest income (NII) to KES 21.2bn as non-funded income (NIR) dipped 6.6%y/y to KES 8.2bn. NII growth was boosted mainly by a 40.9%y/y growth in income…
- “We will hold you to your promises”, echoed the voice of a child across the packed hall at the Africa Climate Week. The sentence reverberated not only the child’s sentiment but also that of the entire continent. As civilization thrived, the continent went from being the cradle of civilization to…
- The Micro and Small Enterprises Authority (MSEA) and international nonprofit TechnoServe have signed a Memorandum of Understanding (MOU) that will see micro-retailers across Kenya benefit from financial empowerment, advisory services, and capacity building. The partnership will focus on promoting…
- In Kenya, where technological advancements are rapidly embraced, LG Electronics (LG) is making significant strides in catering to the evolving needs of consumers. The introduction of the new webOS Hub 2.0S for third-party brands, initially released for TVs in September, is now extending its reach…
- As Kenyan enterprises continue to transform and invest in enterprise IT and digital technologies, there is high demand for the skills and talent needed to sustain that transformation. IT is one of the most in-demand skills in the country, with specializations ranging from software engineers and…
- Absa Bank Kenya PLC has reported net earnings of Kshs.12.3 billion for the nine months ended 30 September 2023, a 15% increase over the same period last year, driven by double-digit revenue growth across core business segments. For the period, the Bank recorded a 20% growth in revenue to Kshs.40.2…
- In the UAE Year of Sustainability, and at the 3rd ICAO Conference on Aviation and Alternative Fuels (CAAF/3) held in Dubai, eight founding entities announced the launch of the “Air-CRAFT” initiative – a UAE-based research consortium focused on developing, producing, and scaling sustainable aviation…
- With the Christmas season and the new year just around the corner, this would be the best time to treat yourself or your loved ones by buying a new smartphone. OPPO Kenya has just launched its Mega End Year sale campaign, which will run from 15th November to 31st December 2023 and customers will…
- AL IS ON Production, an esteemed powerhouse in cinematic excellence proudly introduces its crowning Siri Drama Series to the world stage. The captivating and beloved “Siri Drama Series,” spanning four enthralling seasons, now graces Netflix screens. Its mesmerizing first and second seasons debuted…
- Education Cabinet Secretary Ezekiel Machogu has released the highly anticipated 2023 Kenya Certificate of Primary Education (KCPE) results. KCPE candidates can access the results through the Kenya National Examination Council (KNEC) website, SMS platforms, county education offices, and their…
- NCBA Group PLC has posted a profit after tax of KES 14.6 billion in its Q3 results ending September 30th 2023, which is a 14.4 per cent increase compared to KES 12.8 billion reported during a similar period last year. The growth trajectory for the Group remained solid compared to 2022 driven by…
- Property developer, Mi Vida Homes, has commenced construction of its three key projects, namely Amaiya and 237 GC anchored within Nairobi’s Garden City Development and KEZA in Riruta, as it sets its eyes on a mixture of investors and homeowners who are looking for affordable and quality houses…
- The Board of Directors of Family Bank has announced that Managing Director & Chief Executive Officer Rebecca Mbithi will be transitioning from the bank after a five-year term at the helm to pursue other personal interests. Rebecca Mbithi has served as the Managing Director and CEO since 2019.…
- Imagine opening a bank account where you get access to everything from savings, loans, investments, and insurance to rewards without any hustle. Imagine having such an account that does not require you to waste time visiting bank branches with heavy papers to open one. That account is the Absa One…
- On Tuesday, Education Cabinet Secretary Ezekiel Machogu said that learners who sat the 2023 Kenya Certificate of Primary Education (KCPE) exam will receive their results any time next week. According to Machogu, the marking of the exam papers is already complete. He added that the government is…
- Grade 6 pupils can expect to receive their 2023 Kenya Primary School Education Assessment (KPSEA) results in January 2024, distributed within their respective schools. According to the Kenya National Examination Council (KNEC), KPSEA results for both public and private primary schools will be…
- Kenya Revenue Authority (KRA) has pledged support for Kenya’s partnership with Japan to create a conducive environment for Japanese investors in the country. Speaking during a meeting with the Ambassador of Japan to Kenya, H.E Okaniwa Ken, KRA Commissioner General Mr. Humphrey Wattanga said that…
- Jambojet, Africa’s leading low-cost airline, has announced a new route from Mombasa to Zanzibar, set to commence operations in July 2024. The Mombasa – Zanzibar route comes with the advent of Jambojet realizing 56% market share in the domestic market, affirming its commitment to continuously…
- Trick One: There is a trick where guys drop coins in a matatu and as you help pick, your pockets or bag is being emptied within seconds, and before you know it, they are off. Trick Two In matatus guys, suddenly shouts there is a crackdown and people should fasten their safety belts, as you […]
The…
- Recent research conducted by Asoko has revealed that Kenya boasts approximately 490 family-owned businesses that generate revenues surpassing the US$10 million mark. This diverse spectrum of enterprises spans across various industries. Notably, among these 490 businesses, 14.3% (comprising 70…
- Old Mutual Health has launched the innovative Pharmacy First service in partnership with Haltons Pharmacy and Goodlife Pharmacy. These strategic partnerships are set to revolutionize how primary healthcare is accessed and delivered, offering professional advice and treatment for minor ailments at…
- Celebrated Kenyan chef, Maliha Mohammed has achieved the Guinness World Record for the longest solo cooking session. Maliha claimed the longest cooking marathon (individual) award after clocking 150 hours, 11 seconds, breaking the previous record of 119 hours 57 minutes, 16 seconds set by Irishman…
- The Work Injury Benefits Act (WIBA), enacted in 2007 in Kenya, plays a vital role in ensuring the well-being of both individuals and businesses. This legislation is designed to compensate and support employees who suffer work-related injuries or occupational diseases. By establishing a structured…
- Kenyan culinary star, Maliha Mohammed, is gearing up for a groundbreaking attempt to break the Guinness World Record for the longest solo cooking session. With the clock at 245pm EAT reading 140 hours of cooking, Chef Maliha vowed to push to 150 hours which will redefine the limits of solo culinary…
- The world economy is uncertain, characterized by rising inflation, attributed to the lingering impact of the Covid-19 pandemic on global supply chains and the protracted conflict in Ukraine. The surge in prices of goods and services is driving individuals and households to cut back on spending. The…
- The Africa Guarantee Bank (AGF) in its 6th AFAWA Finance Series happening in Kenya has committed to supporting small and medium enterprises owned and supported by women within and without Kenya to grow them economically. During the first day of the AFAWA Finance Series attended by both political…
- National carrier Kenya Airways (KQ) has announced the resumption of flights to Bangkok starting 21 November 2023 operating the route five times per week. The route was launched in 2003 and suspended in 2020 due to the global Covid-19 pandemic. The resumption of flights to Bangkok will expand KQ’s…
- If you are looking for a job and your dream has been to work within a government agency, then you are in luck for the National Social Security Fund (NSSF) is hiring over 300 people. In a notice, there are 336 positions that NSSF is seeking to be filled by “competent people.” “The National Social…
- In a macro-economic environment characterized by high inflation, interest rates and a strengthening US Dollar against local currencies that has hit the economies and the customers hard, Equity Group Holdings (‘the Group’) chose to stand by and cushion its customers while keeping on the lights of…
- The Aga Khan University’s Centre of Excellence in Women and Child Health, East Africa (CoEWCH EA) has handed over health equipment valued at KES 2 million to Pumwani Maternity Hospital to strengthen the hospital’s capacity to provide comprehensive essential maternity and newborn care. The handover…
- Leading online gaming firm SportPesa reaffirmed its dedication to fostering grassroots sports development by unveiling a groundbreaking 5 million sponsorship kitty for six local teams in Kasarani Constituency. The announcement, accompanied by the presentation of brand-new home and away kits for the…
- Last week, a peculiar event unfolded at the Jomo Kenyatta International Airport, where two Cabinet Secretaries; Kipchumba Murkomen and his Tourism counterpart Alfred Mutua, separately addressed the public at the press regarding Kenya Revenue Authority’s controversial taxation policies. Murkomen…
- The Kenya Revenue Authority (KRA) has announced the disposal of motor vehicles, office furniture, and equipment through mass auctions. According to the notice dated Tuesday 21st September, KRA noted that the auctions will be carried across their offices in six major towns in the country, including…
- Standard Chartered has rolled out wide-ranging changes to its employee benefits program in line with its continued ambition to create a dynamic and attractive place to work. As a first step towards enhancing inclusivity for all employees, the Bank has standardized the amount of parental leave…
- Women entrepreneurs in Africa face many challenges when it comes to accessing finance, markets, skills, and networks. According to the African Development Bank, there is a $42 billion financing gap facing women in Africa. This gap limits their potential to start, grow, and scale their businesses,…
- Today, the Africa Guarantee Fund brings together government representatives, key regulators, and heads of financial institutions to re-strategize on solutions provided to women-owned and led SMEs while focusing on the three pillars of AFAWA: Access to finance, Technical assistance, and Enabling…
- In recent years, Africa has emerged as a dynamic hub for entrepreneurship, with a growing number of innovative businesses seeking to address the continent’s challenges and opportunities. The World Bank estimates that small businesses represent 90 percent of all businesses in Africa, and according…
- The Teachers Service Commission, TSC, established 36 job groups for teachers under the current Collective Bargaining Agreement, CBA. The placement of the teachers in the various job groups is guided by the Career Progression Guidelines developed by the TSC. The Career Progression Guidelines place…
- Two Kenyan schools including Rusinga School, and Crawford International School have partnered with CNN to produce stories showing how people living in urban areas can have a huge impact on both wild environments around the country and within cities. The initiative is part of CNN’s annual Call to…
- Forty business leaders from across East, Central, and Southern Africa (18 Kenyans and others from Ethiopia, Tanzania, Madagascar, and other countries in the region) were awarded certificates of completion by Stanford Graduate School of Business after finishing a 10-month rigorous management program…
- Kenya is a beautiful country, blessed with rich natural resources, diverse cultures, and resilient people. But Kenya is also a country that has been betrayed by its leaders, who have turned it into a cash cow for their selfish interests. They have lied, threatened, blamed, and looted the nation,…
- Microsoft has just pulled off one of the greatest “acquisitions” of all time, without spending a single dollar. The tech giant has hired Sam Altman and Greg Brockman, the former CEO and CTO of OpenAI, the artificial intelligence research company behind the popular ChatGPT tool. Along with them,…
- Microsoft’s $10 billion investment in OpenAI, the artificial intelligence research company behind the popular ChatGPT tool, is a strategic move that could have significant implications for the future of the internet and the AI industry. Microsoft is not only gaining access to some of the most…
- Money is a powerful force that can make or break our lives. We all want to have enough money to live comfortably and achieve our dreams. But how do we attract and grow genuine money that is sustainable and ethical? How do we avoid the pitfalls and traps that can ruin our finances and our […]
The…
- Wealth creation and entrepreneurship are not easy tasks. They require hard work, risk-taking, creativity, and faith. Many people who aspire to be wealthy and successful entrepreneurs look for guidance and inspiration from various sources, such as books, mentors, courses, or podcasts. However, one…
- Virtually everyone who owns a smartphone today at least owns or still has a Mulika Mwizi. There is no doubt about that. Mulika Mwizi was the king of mobile phone invention, not just in Kenya but around the world. Anyone who owned one was more popular than the area Assistant Chief. In every two or…
- Introducing FairKash+, your ultimate financial ally and a premier online lending platform dedicated to providing swift loans for individuals requiring immediate financial support. We understand that when unexpected expenses arise, you need a solution that is both efficient and hassle-free, and that…
- The Kenya National Examinations Council (KNEC) invites competent, self-motivated, and qualified professionals for the following vacant positions: Director, Test Development KNEC Grade 2 Job Specifications Director, Test Development will be responsible for the following duties and responsibilities:…
- Kenyans from all walks of life will have access to more pension savings products that cater to their diverse financial needs and adapt to the ever-changing economic landscape. This is as Old Mutual Life Assurance Company, a leading provider of financial services in Kenya, underscored the importance…
- Kenya Breweries Limited has unveiled a festive season campaign for spirits and reserve brands emphasizing the essence of reuniting with loved ones and commemorating triumphs amid a challenging economic period. Dubbed “IT’S A WRAP,” the campaign is designed to inspire KBL consumers, offering them…