Farmer's Choice achieves global food safety

Farmer's Choice Limited, has achieved international Food Safety System Certification (FSSC 22000 V6), a globally recognised standard for food safety management systems.

By Esther Dianah 14 days ago

Win for Kenya as AGOA agreement extended for 3 years

Ministry of Trade says discussions are ongoing on bilateral trade agreement that will cover other key sectors and further cement Kenya's long-standing partnership with the United States.

By Esther Dianah 15 days ago

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Government delays trigger fears of Grade 10 textbook crisis

A crisis could be in the offing for the grade 10 learners, as the government delays the disbursement of funds for publishing and printing textbooks.

By Esther Dianah 15 days ago

KCB launches savings campaign

KCB Bank Kenya has launched a nationwide savings campaign aimed at rewarding loyal customers while strengthening a culture of purposeful saving.

By Esther Dianah 17 days ago

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Why taxing Kenya's super-rich could raise Sh129.3b

Kenya is targeting fairer taxation; however, it strongly relies on VAT and other consumption taxes that burden the poor, while the wealthy hold most of the country's wealth.

By Esther Dianah 1 month ago

Motorists to enjoy Sh2 fuel discount in latest Safaricom-Vivo Energy partnership

Motorists are set to enjoy a Sh2 fuel discount cashback deal aimed at boosting earnings and productivity.

By Esther Dianah 1 month ago

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The good, the bad and the ugly of draft local content law

A lack of a ready market for raw agricultural produce, high input costs, and competitive procurement practices have been cited as some of the bottlenecks for Kenyan farmers and suppliers.

By Esther Dianah 1 month ago

State pledges insurance sector revamp

The Kenyan government has reiterated its commitment to fostering the growth of the local insurance services industry

By Esther Dianah 2 months ago

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Tanzanian tycoon snaps up NSSF's stake in Portland for Sh1.6b

Tanzanian tycoon Edha Nahdi, through company Kalahari Cement, has sealed a Sh1.6 billion purchase agreement to acquire a 27% stake in the EAPC.

By Esther Dianah 2 months ago

Stanbic posts Sh10.1 billion profit after tax for third quarter

Stanbic Bank has announced a Sh10.1 billion profit after tax for the nine-month period ended September 30, 2024.

By Esther Dianah 2 months ago

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Oparanya to headline diaspora conference meeting on cooperatives

CS for Co-operatives and Micro, Small and Medium Enterprises Development Wycliffe Oparanya will be leading hundreds of delegates next month in a diaspora international meeting

By Esther Dianah 2 months ago

Mauritian investor pumps fresh capital into Kenya's beverage producer

Kenya's manufacturing sector has received a major boost after craft beverage maker African Originals secured a Sh129.6 million ($1 million) capital injection to scale up local manufacturing.

By Esther Dianah 2 months ago

Safaricom users to get free data bundles following partnership with Opera

The free data offer is available to all new and existing Opera Mini users on the Safaricom network in Kenya.

By Esther Dianah 2 months ago

Firms partner to digital transform fuel station operations

Pesapal, a financial services and business solutions provider has partnered with KCB Bank Kenya to transform fuel station operations across East Africa.

By Esther Dianah 2 months ago

Kenya urged to up IT training to open doors for top jobs

Kenya has been urged to broaden its IT training and focus beyond the entry-level roles to reap more from the blooming global demand for professionals in the sector.

By Esther Dianah 2 months ago

Mobile and internet banking raved up financial inclusion

Mobile banking, internet banking and digital platform integrations have been highlighted as tools for creating financial inclusion for the unbanked.

By Esther Dianah 2 months ago

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Using technology to cut fuel costs for company fleet

Connected directly to payment systems at fuel stations, digital tools such as Drive are enabling businesses to track every fueling transaction, set vehicle limits and monitor fuel usage.

By Esther Dianah 2 months ago

Processor taps schools to grow market share

Milk processor Brookside Dairy is leveraging its partnership with educational institutions to further grow its market share.

By Esther Dianah 2 months ago

Bank opens its 25th branch in Kariobangi

Kingdom Bank has today opened its 25th branch in Kariobangi.

By Esther Dianah 2 months ago

Kenya launches national policy to align training with industry demands

Kenya has launched the National Dual Training Policy, formalising a work-integrated learning model that equips youth with practical skills and boosts employability.

By Esther Dianah 2 months ago

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Poor credit culture deters Kenya's lending transition

Kenyan banks continue to face challenges in setting credit risk premiums due to the absence of a robust credit rating culture in Kenya's debt market.

By Esther Dianah 2 months ago

Rwanda's green exchange window presents new funding opportunities for the region

The move complements the growing policy interest in sustainable investing among East African regulators and pension funds.

By Esther Dianah 2 months ago

KCA hosts 4th Innovation summit aimed at commercializing knowledge

The summit featured cutting-edge innovations developed by KCA University students.

By Esther Dianah 2 months ago

Regional instability hampers cross border trade

Statistics show that when compared to the rest of the world, cross border trade in Africa is the lowest.

By Esther Dianah 2 months ago

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Unpredictable market dynamics, raw exports stifles manufacturing growth

Kenya has a blueprint as a net importer of finished goods and exporter of raw unprocessed goods, robbing its people economic self-reliance.

By Nancy Gitonga, Esther Dianah 2 months ago

M-Pesa Foundation in Sh30b programme to boost skilling of teachers in ICT

Safaricom, through the M-Pesa Foundation, has launched an education initiative to improve education and training outcomes over the next five years.

By Esther Dianah 2 months ago

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Kenya faces new dirty cash scrutiny as peers exit list

African States continue to suffer adversely from being included in the Financial Action Task Force (FATF) grey list, which indicates increased monitoring for money crime.

By Esther Dianah 2 months ago

SMEs challenged to leverage on technology for cross border trade

Despite policy ratification, intra-African trade remains below 15 per cent, hampered by critical barriers that banks and digital tools can now dismantle.

By Esther Dianah 2 months ago

Safaricom unveils a Sh30 billion education initiative

Safaricom, through the M-Pesa Foundation, has unveiled a Sh30 billion education initiative that will provide 10,000 scholarships and upgrade more than 600 schools across the country.

By Esther Dianah 2 months ago

Lecturers reject government payment plan, strike to continue

Lecturers' union reject government's plan to pay them 7.9 billion arrears in phases; UASU SG Wesonga maintains strike still on if money not paid fully in one installment.

By Esther Dianah 2 months ago

Naivas opens its 111th store at Magadi

Naivas Supermarket, Kenya's leading homegrown retailer, has opened its 111th branch at OUR Mall, Magadi road, reaffirming its commitment to delivering world-class shopping experience.

By Esther Dianah 2 months ago

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New investor to pump Sh2.6b into Rivatex, hire more workers

The firm will manage and operate the company for 21 years under a lease agreement. The new private operator has pledged to restore struggling textile firm to full capacity.

By Macharia Kamau and Esther Dianah 3 months ago

Family Bank shareholders approve listing on NSE

Family Bank shareholders have approved the plan to list on the Nairobi Securities Exchange, marking a significant milestone in the journey towards becoming a Tier One Bank.

By Esther Dianah 3 months ago

How lack of collateral hinders banks from funding small businesses

Banks are keen on character on credit compliance. If your character does not demonstrate goodwill in regard to repayment of credit, banks will shun from financing

By Esther Dianah 3 months ago

StanChart Uganda to sell wealth, retail units to Absa

StanChart Uganda and Absa Bank Uganda have agreed on the sale of StanChart Uganda's wealth and retail banking business portfolio in Uganda.

By Esther Dianah 3 months ago

CS, standards agency bosses root for quality to boost competitiveness

Protection of consumers, production of quality and standard products will help Kenya become an industrial hub for the region.

By Esther Dianah 3 months ago

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How Treasury netted Sh195b in tax revenue from banks

Kenyan banks collectively contributed Sh194.8 billion to the national exchequer in 2024, on the back of increased profitability.

By Esther Dianah 3 months ago

Start-up links local consumers to discounted goods globally

Consumers are increasingly spending less on essentials, with millennials and boomers increasingly shopping at discounted rates and lower-priced stores.

By Esther Dianah 3 months ago

Safaricom marks 25 years of operations

Safaricom on Thursday marked its Silver Jubilee, celebrating 25 years of operations since its official launch on the October 23, 2000.

By Esther Dianah 3 months ago

Tourism sector lauds State efforts to boost arrivals at airports

The tourism sector has commended the government efforts in increasing the arrival of new flights into the country, a move termed as a major boost to accessibility to the destination.

By Esther Dianah 3 months ago