Safaricom's Buy Now Pay Later Service Goes Live
Safaricom and EDOMx, a Kenya-based fintech, have joined forces to Buy Now Pay Later service dubbed Faraja following approval from the Central Bank of Kenya. With the partnership, over 32 [...]
Fly Dubai To Fly 4 Times To Mombasa Under Kenya's Open Sky Policy
The government has headed to the calls of open skies policy in boosting local tourism activities across the country. Under the grand plan, President William Ruto said the government has [...]CMA to Support Creation of Kenya's Carbon Credit Markets
The Capital Markets Authority(CMA) plans to engage sector players in a detailed assessment of Kenya’s carbon market, its ecosystem, do a stakeholder mapping, and determine demand and supply conditions as [...]
Judges Lift Order Suspending Kenya's Finance Act 2023
The Court of Appeal on Friday lifted orders barring the implementation of Finance Act 2023, after a successful application by Cabinet Secretary National Treasury and Planning Njuguna Ndungu, and Attorney [...]Centum Investment Group Net Loss Widens to KSh 7.3 Billion
Centum Investment Group reported a consolidated net loss of KSh 7.3 billion according to the audited financial results for the full year ended 31st March 2023. This is compared to [...]EABL Records a 21% fall in Net Profit to KSh 12 B as Taxes Bite Hard
East African Breweries Limited(EABL) posted a 21% decline in its net profit for the full year ended 30th June 2023 to KSh 12.32 billion. The listed brewer also cut is [...]CBK Collects KSh 8.8 billion from Weekly T-bills Auction
The Central Bank of Kenya(CBK) accepted KSh 8.8 billion from the Weekly Treasury Bills Auction out of bids worth KSh 9.1 billion received, an oversubscription of 38.10%, out of KSh [...]Kenya Heightens Surveillance Over Cyber Attack Attempts
The government is taking caution over attempts by hackers to attack its websites in the past one week slowing down services to people. The attackers who also targeted the private [...]Act On Nature Related Risks Or Face Financial Instability, African Regulators Told
A new report from the collaborative forum of African financial institutions, the African Natural Capital Alliance (ANCA) and management consulting firm Oliver Wyman has underlined the growing importance of African [...]Karen Estate New Look Fuels Migration To Langata, Ngong Town
Property owners in Karen neighborhood estates such as Ngong and Langata are capitalizing on its new look as a commercial hub to make money in rental business and house sale. [...]German Pump Manufacturer Wilo Group Opens Assembly Plant In Nairobi
Wilo Group, a German manufacturer of pumps and pump system has re-energised its operations in Kenya with the launch of an assembly plant in Nairobi. The company sees opportunity in [...]Land Price Up Four Times in Ngong Town-Report
Land sellers in Ngong Town are smiling all the way to the bank as prices in the town goes up four times compared to the average satellite towns in Nairobi. [...]
