DHL unveils MSMEs Exporters of the Year Awards across SSA
DHL Launches Exporters of the Year Awards across Sub-Saharan Africa for Small and Medium-sized Enterprises (SMEs) The awards aim to recognise and celebrate the outstanding achievements of small and medium-sized…
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Recent News
Disrupting the Insurance sector
BlueWave, an Insurtech start-up wants to make insurance accessible to the common man and while at it, grow insurance penetration.
Username calls for inclusive zoning
The current housing shortage in the country stands at 2 million units. The proposed housing agenda is set to create 500,000 low-income housing units by 2022, which still leaves a…
Pensions Scheme returns on stock market
Retirement schemes’ equity allocation increased over the quarter ending 30 June 2017. This was mainly caused by the rally in the stock market over the period. The Zamara Consulting Actuaries…
Equity Bank Rated the Most Socially Devoted Financial Brand in Kenya
Equity Bank has been recognized as the world’s 5th most socially devoted financial brand and the best in Kenya. This is according to the latest Q4 2016 rankings released by…
Equitel registers growth in mobile money transaction
Equity Group's mobile money platform, Equitel has registered increase in value and number of mobile money transactions, the latest data from the Communications Authority of Kenya (CA) indicates. According…
Bidco Africa appoints Chris Diaz as new Marketing Director
Consumer goods manufacturer, Bidco Africa has appointed Chris Diaz as Group Sales and Marketing Director. The appointment comes at a time when Bidco is expected to launch several new products in…
Unaitas posts Ksh. 268 Million net profit
Financial service provider, Unaitas Sacco has recorded a Ksh 267.8 million profit for the 2016 financial year, buoyed by cautious approach to lending and provisioning of loan losses in light…
AfDB secure funding for Kenya, Uganda road construction
The African Development Bank Group (AfDB) has approved USD 253.0 million of loans to the Governments of Kenya (USD 147.3 million) and Uganda (USD 105.7 million) for the upgrading of…
Nakumatt Smart Points to earn you a Reusable Bag
Nakumatt Holdings has announced a smart points redemption campaign to allow its loyal shoppers acquire eco-friendly reusable carry bags. Commencing this weekend, Nakumatt shoppers holding the firm’s loyalty card will…
Britam posts Ksh. 4.2 billion in pre-tax profit
Britam Holdings has returned into profitability, announcing a pre-tax profit of Ksh. 4.2 billion in 2016 compared to a loss before tax of Ksh 1.2 billion in the previous year.…
EIB signs USD 95 Million funding for East African Entrepreneurs
Nonprofit lending institution, European Investment Bank (EIB) has on Wednesday signed two new credit lines for East-Africa for a total of EUR 95 million (Ksh 10.45 billion) in bid to…
IVECO re-enters EA market with Ksh. 3.2 Bn assembly plant
Italian automaker, IVECO has on Thursday announced its expansion plans in East Africa through an industrial and commercial partnership with Global Motors Centre (GMC). The Turin-based vehicle corporation will invest…
Equitel Eazzy Loans Recorded Ksh. 38.5 Bn in 2016
Equitel’s Eazzy Loan disbursements increased by more than six times in 2016, making the platform the preferred choice for accessing credit for bank customers. Equity Bank, which operates the Equitel…
KCP Inks Deal with Regional Private Equity Firm
Manufacturer of construction materials, Kisumu Concrete Products Limited (KCP) has Thursday announced the completion of an investment deal with Ascent Rift Valley Fund, making it the first company to attract Private…
Kenya to host Intercultural Agility Summit
Regional leaders expected to brainstorm on fresh challenges facing the 21st century bosses, and what they can do to stay ahead of the curve. By Boniface Otieno Kanyamwaya Kenya will,in…
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