World Bank Extends KSh390 Million Facility for Solar Projects in Kenya
World Bank has extended a KSh390 million facility to 14 firms in 14 counties, seeking to use solar energy to light up areas not on the national grid, and benefitting [...]
KEBS Grants Permission to Six Firms For Imports Pre-Verification
The Kenya Bureau of Standards (KEBS) has cleared six firms to undertake pre-export verification of conformity (PVoC) services for general goods. The six firms include Bureau Veritas Kenya, China Certification [...]
HFC Inks Deal With Britam To Launch Education Insurance Programme.
HFC through its bancassurance intermediary has partnered with Britam Holdings Plc to launch a convenient and flexible education policy dubbed Elimu. The product is set to enable parents to provide an [...]Kenya To Implement AfCFTA Strategy To Boost Country’s Trade
The government has embarked on a sensitization campaign countrywide to create awareness amongst the business community on the opportunities offered by the African Continental Free-Trade (AfCFTA) and how to exploit [...]How Absa Bank Supports SMEs Beyond Lending
Across the world, Micro-Small and Medium-Sized Enterprises play a crucial role in being the backbone of the economies. The sector accounts for more than 70 percent of all jobs globally [...]
CBK Floats 18-Yr Infrastructure Bond Worth KSh 20B
The Central Bank of Kenya(CBK) has floated an 18-year Infrastructure bond worth KSh 20 billion that has been on sale between 28th June 2022 and 7th July 2022 or upon [...]
Kenya to Waive All Levies on Maize Imports WEF 1st July
The Government of Kenya has announced plans to waive all levies on maize imports effective July 1st, 2022. Agriculture CS Peter Munya revealed that the measure is aimed at reducing [...]Kenya's Odibooks Launches Accounting Platform for SMEs
Kenyan fintech startup Odibooks has launched an accounting platform that allows SMEs to automate and manage all of their business financial processes. Odibooks is a web-based accounting platform for SMEs across [...]Nairobi Expressway Nominated for Transport Infrastructure of the Year Award
Kenya’s newly-built Nairobi Expressway has been nominated for the “transportation infrastructure of the year award” at the inaugural Afrika Mashariki Awards, the Moja Expressway Company that manages the road said [...]Government Raises Revenue Limit in New Finance Act
Kenya-based multinational companies with a minimum gross turnover of Sh95 billion will be compelled to disclose their country-by-country financial information from January next year, the new Finance Act 2022 said. [...]Kenya's Kyanda Fintech Startup Launches Operations in South Africa
Kenyan fintech startup Kyanda, a money transfer app that aims to help users make all sorts of transactions at as low a cost as possible, has launched operations in South [...]Telkom Partners with Lipa Later for Product Financing
Telkom Kenya has partnered with Buy-Now-Pay-Later company Lipa Later, to launch a product financing program that will see customers acquire smartphones via hire purchase, without having to pay a deposit.. [...]
