Borrowers in the country faced a significant setback as the Central Bank of Kenya (CBK) raised the benchmark lending rate...
Korean firms are eyeing Kenya’s entry into the smart technology market as the country ramps up its smart city ambitions. Korea Trade Development Agency (KOTRA) Eom...
Safaricom’s net profit for the six months ended September increased to Sh34.2 billion due to increased customer spending and growth in the Ethiopian unit. This is...
Kenya Breweries Limited (KBL) is urging the government to lower excise taxes on alcoholic products in order to reduce the country’s illicit brews. High taxes have...
APA Insurance and the International Finance Corporation (IFC) have partnered to provide financial literacy training for Kenyan women. The program, known as “APA SHEild,” will increase...
Kenya Tourism Board, the country’s marketing agency, has set a goal of 5.5 million international tourist arrivals over the next five years in its strategic plan,...
Bolt, the ride-hailing platform, has restated its plans to expand its services across the country in order to bring online taxis and food delivery services closer...
As the transition to digital payments accelerates, ride-hailing platform Little Cab has introduced a new cashless payment solution. The system includes a Near Field Communication (NFC)...
Kenya offers exciting business opportunities with its robust economic growth and rising consumer demand. Local entrepreneurs and investors can tap into highly lucrative sectors by starting...
Car & General (C&G), a diversified trading firm, has issued a profit warning for the 15 months ending December, preparing investors for a 25% drop in...