Safaricom (NSE: SCOM), in partnership with fund managers Standard Investment Bank (SIB) and ALA Capital Limited, has launched Ziidi MMF, a money market fund that leverages the convenience of M-PESA to ...
Kenya’s Mumias Sugar has issued a Ksh150 million bonus to cane farmers, a significant step in the company’s recovery. This move coincided with calls from regional leaders for the government to ...
The National Treasury projects that Kenya’s economy will grow 5.3% in 2025, slightly lower than the Central Bank of Kenya’s December 2024 prediction of 5.5%. On December 5, 2024, the Central Bank of ...
Xiaomi Kenya unveiled its highly anticipated Redmi Note 14 Series at an exclusive event at the JW Marriott Hotel on Tuesday. This exciting lineup comprises three flagship-level devices: the Redmi Note ...
China Square has expanded its presence in Kenya with the recent opening of new stores at Two Rivers Mall and the upcoming launch at Greenspan Mall. This expansion follows the retailer’s successful ...
CMC Motors Group has decided to exit the Kenyan, Ugandan, and Tanzanian markets due to significant economic headwinds. The company cited economic pressures, currency depreciation, and rising ...
Remittances flowing into Kenya surged to a record high of USD 4.945 billion in 2024, marking an 18% increase compared to the previous year. This significant inflow of funds from Kenyans living abroad ...
The National Treasury has unveiled a KSh 4.4 trillion budget proposal for the 2025/26 financial year, a significant increase from the 2024/25 budget. This ambitious budget outlines the government’s ...
Following China’s withdrawal of funding, Kenya is exploring a partnership with the United Arab Emirates (UAE) to secure financing for the completion of its Standard Gauge Railway (SGR) extension. The ...
Jubilee Health Insurance Limited (JHIL), East Africa’s leading provider of innovative and customer-focused health insurance solutions, has launched its first Center of Excellence: Agency Office at ...
The Kenya National Bureau of Statistics (KNBS) released the 2024 Gross County Product (GCP) Report, providing a comprehensive analysis of economic activity across Kenya’s 47 counties. The report ...
Kenya’s legal community mourns the passing of Senior Counsel Judy Thongori, a pioneering figure in family law. Following a recent illness, she passed away in India while undergoing treatment. Dr. Fred ...