- Kenya has imposed a temporary ban on the export of avocados by sea from this Friday (November 3, 2023) to ensure that traders do not export immature fruits after the harvesting season comes to an end. The Horticultural Crops Directorate (HCD) says the decision to suspend the shipping of the fruit…
- Kenya’s inflation rate for October edged up in the wake of higher fuel prices that have hit above 200 shillings per liter for the first time in history. The overall year-on-year inflation rate as measured by the Consumer Price Index (CPI) was 6.9 percent, in October 2023. During the reference month…
- Opera – the company behind the popular data-saving Opera Mini browser – is back again with “Shake and Win.” Kicking off in Kenya, Nigeria, and South Africa on the 1st of November, the campaign will run for 4 weeks and feature over 100,000 prizes, including cash vouchers, data bundles, and phones.…
- The Africa Online Safety Fund (AOSF) has announced the winners of this year’s grants, among them four organizations operating in Kenya: Boltech Consultancy, Watoto Watch Network, Wezesha Innovation Foundation, and Terre des Hommes Netherlands Foundation in partnership with Childline Kenya. The…
- The 6th Edition of the Changamka Kenya Shopping Festival has officially kicked off at the Kenyatta International Conference Center (KICC) with calls on Kenyans to take advantage of the Festival and shop for quality products at discounted prices. The Festival will run from today, 31st October to 4th…
- Human Resource automation is expected to rise in the next five years in East Africa as organizations recognize the power of technology in monitoring employee performance and improving productivity amidst a tough economic environment. The impact of digitization on commerce and trade remains on the…
- As the world grapples with the escalating impacts of climate change, the need for robust strategies to enhance climate resilience has become more pressing than ever. Rising sea levels, intensified storms, prolonged droughts, and other climate-related events are causing unprecedented damage to…
- Starting January 2024, Kenyans and foreign tourists wishing to enter the Masai Mara National Park will start paying more as the County Government of Narok tripled entry fees after four months of heated debate over the matter. According to the new charges, Kenyan adult citizens now pay 3,000…
- Media, business, government, technology, and community leaders from across Africa and internationally have gathered today in Cape Town, South Africa for this year’s annual Africa Business Media Innovators (ABMI) forum. The convening brings together a cross-section of leaders to explore innovative…
- The NCBA Chess Team has this afternoon been flagged off to Muscat, Oman for the FIDE World Amateur Chess Championship that will take place from 1st to 12th November 2023. The nine players led by Captain Maurice Obila qualified for the tournament after they won the 2023 Kenya Corporate Chess…
- The Kenya Meteorological Department (Kenya Met) issued a warning of heavy rains that are likely to pound several parts of the country between October 31st and November 6th. On Tuesday, the department listed various counties, revealing that the listed areas will also experience storms. During the…
- Absa Bank Kenya has rolled out an initiative that seeks to celebrate Kenyans’ resilience and educate them on appropriate measures to improve their financial wellness as well as enhance their capacity to access necessary funds to achieve their goals. Dubbed, Every Kind of Financial Solution for…
- French carrier, Air France has today marked 90 years since it began its operation across the globe in 1933. In a celebration at Shamba Events in Loresho Ridge, Nairobi, the airline outlined key milestones achieved over the years in the fields of aviation technology, innovation, and onboard comfort…
- Owning a car in Kenya is a dream for many of us. The freedom and convenience it offers are hard to match. But when it comes to acquiring that dream car, you face a dilemma: Should you self-import a vehicle or opt for one that’s already on the local market, readily available for inspection? Let’s…
- In a world where we all raise our glasses to toast, whether with beer, whisky, water, or coffee, we often assume that what we consume is genuine and safe. But is this always the case? Are we, as consumers, unwittingly sipping on poison while maintaining our blissful ignorance? The Counterfeit…
- Traveling to Kenya is an exciting adventure filled with vibrant landscapes, diverse cultures, and unforgettable experiences. But before you embark on your journey, it’s crucial to familiarize yourself with Kenya’s Customs Duty regulations. These laws, supported by the East African Community Customs…
- There are so many analogies that surround the notion of savings. Some say you should save; some say there is no need. Some say save until hurts, while some say if it hurts, then you are only punishing yourself. So confusing sometimes. With the current hard times, marred with job losses, massive…
- Kenchic has attained the Food Safety System Certification for its state-of-the-art processing plant located in Thika. “This certification reaffirms our dedication to ensuring that our customers receive the highest quality poultry products. We have been a trailblazer in setting food safety standards…
- Education Cabinet Secretary Ezekiel Machogu has assured parents to that the Ministry is not planning to increase school fees for secondary schools in 2024. Machogu spoke on Monday in Kikuyu Town, when he went to oversee the beginning of KCPE and KPSEA exams alongside President William Ruto. He…
- Someone on X started an interesting discussion. He was warning Kenyans flying back home from other countries to avoid carrying electronics such as passports and smartphones for they will be frustrated by officials from the Kenya Revenue Authority (KRA) who will be on standby asking for “taxes.” The…
- Kenyans can now access affordable locally assembled smartphones following the launch of the state-of-the-art East Africa Device Assembly Kenya Limited, located in Athi River. The device assembly factory was set up as a joint venture of local Mobile Network Operators and International device…
- Class eight and Grade six candidates started their Kenya Certificate of Primary Education, KCPE, and the Kenya Primary School Education Assessment, KPSEA, examination on Monday 30th October. Some 1,415,315 students will write the national examinations, marking an end to the 8-4-4 competition for…
- In a world where health and wellness have taken center stage, we often hear about the importance of maintaining a robust immune system. But what does it mean to have a strong immune system, and how can we achieve it? It’s time to debunk some common misconceptions and shed light on the crucial role…
- NCBA Bank has introduced a spending tracking tool for Kenyan businesses to help them monitor their spending and grow their businesses. NCBA business customers will be able to monitor their spending using the new tool launched by the lender. The unique solution, which is a partnership with Visa, is…
- It was a rough week in the bourse, as the benchmark indices all closed in the red, led by the NASI, down 4.0%w/w on the slump on Safaricom. The N10, NSE 20, and NSE 25 retreated 2.6%w/w, 1.9%w/w and 2.4%w/w respectively. Equity turnover surged 177.7%w/w to USD 11.1m on increased trading of…
- Every step you make in life counts, no matter how big or small it is, it will still count either positively or negatively, and the choice you make today will define who you will be tomorrow. An American Author- Gordon Hinckley once said ‘’you can’t build a great building on a weak foundation, you…
- Banking institutions continue to account for the largest share of domestic debt, standing at 45.21% as of 19th October 2023, followed by pension institutions which held 31.32%. Holding by retail investors crossed the 10% mark, coming at 10.25%, a 382bp rise since the year began. Read Also: Why…
- In the grand tapestry of life, we all dance to the haunting rhythm of money. Whether we strive for financial serenity or are unwittingly ensnared by its capricious cadence, the melody of wealth permeates every facet of existence. Yet, there is a profound truth that resonates through this symphony…
- Kenya, like many emerging economies, has had a fair share of economic ups and downs. Inflation rates have soared, the cost of living has escalated, and the Kenyan shilling is experiencing bouts of depreciation. So where are Kenyan investors putting their hard-earned money? This reality is best…
- Amidst the glow of the rising sun and the whispers of a hopeful breeze, a monumental chapter in the quest for a greener tomorrow has been written. Masdar, the powerful beacon of clean energy from the United Arab Emirates, has illuminated the heart of Azerbaijan with its monumental 1-gigawatt (GW)…
- Standard Chartered Nairobi Marathon has today hosted the Kakamega Satellite run at the Masinde Muliro University, Kakamega. The race was flagged off by Kakamega Governor H.E FCPA Fernandes Barasa. The Kakamega run is the first of the three satellite runs created to increase participation across the…
- Surgery, chemotherapy, and radiotherapy are the standard treatment options for all types of cancer. As a part of the treatment options, radiotherapy plays an important role in the management of cancer treatment. Approximately 50% of cancer patients require radiotherapy at one point or another…
- The Public Service Commission (PSC) has announced six job vacancies in four public universities. The job positions are available at Multimedia University, Kibabii University, Karatina University, and Egerton University according to the advertised statement. Maasai Mara and Kaimosi Friends…
- The benchmark indices closed the week at a position of relative weakness with The NASI and NSE-25 shedding 0.2% each even as the N10 and NSE-20 remained largely unchanged. Turnover Equity turnover grew fivefold to USD 6.9m on the back of increased foreign participation in Safaricom. Foreign…
- Equities turnover increased by 523.7% to KES 1035.3Mn up from KES 166Mn the previous trading day. Foreign investors were the dominant players on the day. They accounted for 78.8% of the total market turnover. Foreign investors remained bearish on key blue chips to print net outflows of KES 330.5Mn…
- IntelliMedia Networks Africa, a Kenyan subsidiary of the global US telecoms giant IntelliMedia Networks, Inc. has announced a US$ 3 million partnership deal (Kshs 450M) with Matic Enterprises a Congolese Conglomerate to deliver last-mile connectivity solutions to households across the Democratic…
- Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed agreements for solar and onshore wind projects with a total capacity of 1 gigawatt (GW) in Azerbaijan, following the inauguration of the region’s largest operational solar plant, the 230MW Garadagh Solar…
- Impact Investors are favoring digital applications and solar power solutions to reduce carbon emissions in East Africa over crucial water and temperature technologies that could protect East Africans from the effects of the escalating climate crisis, a report released today by the African Venture…
- NCBA Bank held a breakfast session on Friday morning to celebrate one year since the opening and launch of the NCBA Ngong branch, banking the success of the branch on great customer service among staff and the trust that customers have in them. “It’s not just about money for us. Many other factors…
- All parents in the universities and colleges with now dig deeper into their pockets to pay school fees for their children as the government has reviewed the new funding formula for students which was initially designed to alleviate the financial burden on parents who could not afford to pay school…
- In the heart of Africa, Kenya, a land of unspoiled natural beauty and endless opportunities, lies a peculiar conundrum – the ease with which its people fall prey to land scams, juxtaposed against the unwavering resilience that emerges when diligence prevails. It is a mystery as complex as the…
- Equities Turnover increased by 8.0% to KES 166.0Mn up from KES 153.7Mn the previous trading day. Local investors were the dominant players on the day. They accounted for 64.4% of the total market turnover. Foreign investors turned bearish on key blue chips to print net outflows of KES 26.59Mn in…
- From Uganda to Tanzania, Tanzania to Ethiopia, then Burundi, then the United States of America (USA), then to Dubai, before then he was in Israel, then China… In total, Africa’s unique President, who walks around with a huge Bible has made 38 foreign trips within a year. Meet President William Ruto…
- All the benchmark indices sustained their bear run for the fourth consecutive day. The NSE 20 and NSE 25 each retreated 0.5% while the NASI and N10 dropped 0.3%, and 0.6%, respectively. Market activity rose 8.0% to USD 1.1m as local investor participation rose to 64.4% from 49.3% in the prior…
- Roche and the Africa Research Excellence Fund (AREF) have launched a new fellowship program to support the next generation of African scientists. The AREF-Roche and Genentech Fellowship Program will support three emerging African scientists to become leaders in the fields of clinical pharmacology,…
- The Chinese embassy in Kenya has issued unusual security advice to nationals in Kenya, advising its citizens to avoid traveling to some areas of the country due to increased security threats. On Thursday, 26th October, the Chinese embassy posted a statement on its website saying its Nationals…
- The Teachers Service Commission, TSC, is mandated with the responsibility of registering new teachers in Kenya. Remember, it is an offense to teach minus having a TSC number/ registration certificate. Required Documents These are the required documents. Scan the originals for online uploading: Read…
- Absa Bank Kenya PLC plans to double its sustainable finance allocation to KES120 billion in two years as part of its refreshed sustainability commitment. While unveiling the Bank’s Sustainability Report for the financial year ending December 31, 2022, Absa Bank Kenya Managing Director and CEO Abdi…
- Standard Chartered Kenya has today announced the graduation of the sixth cohort of the Women in Tech program with seven start-ups awarded a total of KES 9.8 million in seed funding. Standard Chartered has partnered with the iBizAfrica Incubation Centre at Strathmore University to support the Women…
- Kenya has moved up one position to stand at 6 in the latest trade index by the Standard Bank trailing South and West African States. Kenya moved to position six from seven last year out of 10, trailing South Africa, Namibia, Mozambique, Nigeria, and Ghana in that order. Read Also: Green Investment…
