Sendy Receives Global Funding to Penetrate Africa's Market
Sendy, Kenya's logistics startup space gained multi-million-dollar funding totaling to $26.5 million from seven funding rounds to Penetrate the African market. The Nairobi-based company, which facilitates door-to-door deliveries between individuals [...]
Dubai Removes Kenya from Red List
Travellers from Kenya will be allowed entry into Dubai from Saturday 29th January after the United Arabs Emirates lifted a ban it had imposed on all inbound and transit passenger [...]Tullow Oil Projects to Spend $5 Million for Kenyan Operations in 2022
Tullow Oil has projected that it will spend $5 million (KSh565 million) in capital expenditure for oil development in Kenya this year. In its January Trading Statement and Operational Update, [...]
Coffee Earnings Surge in FY 2021 on Higher Global Prices
Kenya recorded a 9% rise in the earnings received from coffee in 2021 compared to the previous year despite recording a decline in the quantities exported . The increase was [...]DTB Partners with Tata Africa to Offer SMEs Vehicle Financing
Diamond Trust Bank (DTB) has partnered with Tata Africa to offer 100% financing which will enable small and medium sized enterprises (SMEs) acquire vehicles from Tata Africa. Through the scheme, [...]NSE Daily Equity Turnover Dampens 12.6% to KSh 361 Million
Nairobi Securities Exchange(NSE) Daily Equity Turnover declined to KSh 361 Million this Wednesday from KSh 413 Million recorded the previous day while the number of shares traded also declined to [...]
Car and General Share Price Rally Retreats as Investors Cash in
Car and General Plc share price has hit a downward slide to KSh 54.25 when trading ended at the Nairobi Securities Exchange (NSE) this Wednesday as investors took profits from [...]KRA meets with OECD over Digital Tax Challenges
Kenya Revenue Authority (KRA) and the Organization for Economic Co-operation and Development (OECD), Centre for Tax Policy and Administration (CTPA), held cooperation and partnership meetings to discuss challenges of taxing [...]KCB Group to Seek Another Buyout Deal in Tanzania
KCB Group is still pursuing another buyout deal in Tanzania even after it stepped away from the proposed transaction with UK-based Atlas Mara Limited for a complete acquisition of BancABC [...]Liberty Kenya Holdings Plc Issues Profit Alert as Claims Soar
Liberty Kenya Holdings Plc, an insurance underwriter, is issuing a profit warning to investors and the general public that based on on preliminary unaudited consolidated financial results after tax for [...]Jambojet Ventures into Cargo Business, Sets 2nd Hub in Mombasa
Low-cost carrier, Jambojet, has announced plans to start cargo operations next month after approval from the Kenya Civil Aviation Authority (KCAA) to fly goods on its passenger flights on both [...]Base Titanium Extends Mining Operations to June 2024
Mining company, Base Titanium, has announced that it will extend its mining operations in Kenya until June 2024, from an earlier date of November 2023. The company had earlier indicated [...]
