HF Group Appoints Charles Kimani Njuguna as its Non-executive Director.
HF Group plc has appointed Charles Kimani Njuguna as its Non-executive director effective January 14. Charles Njuguna is currently the acting managing director at Britam Holdings Plc. Charles Njuguna has [...]
Copia Global, a Kenyan E-Commerce Firm Raises $50 Million For Expansion
Copia Global, a Kenyan B2C e-commerce firm serving unbanked Kenyans in rural areas, has raised $50M for expansion in a Series C equity round led by Goodwell Investments. The Kenyan [...]
Price of Cooking Gas Surges to a 8 Year High of Ksh 2,978
The price of cooking gas has jumped 48% over the last year hitting an eight-year high of Ksh 2,978 for the 13-kg cylinder. The exclusive club of suppliers attributed the [...]Kenya Extends Dubai Flight Ban to 24th Jan 2022
Kenya has extended the suspension of all inbound and transit passenger flights from the United Arabs Emirates (Dubai) to 24th January 2022, after the two nations failed to reach a [...]
Poa Internet Secures US$ 28 Million in Series C Funding
Poa Internet, a Kenyan startup Internet Service Provider(ISP) which entered the country in 2015, has received $ 28 Million in Series C funding round led by Africa50, bringing the total [...]NSE Lists CarGeneral as Day's Top Price Gainer
Nairobi Securities Exchange( NSE) listed CarGeneral as the day's top price gainer, its share price rising up 9.88% to KSh 69.50 as investors rush to the counter to take advantage [...]Kenya Ponders Over Importing Mangoes, Mandarins from Pakistan
Kenya could soon begin importing mandarins and mangoes from Pakistan, becoming an international market for the Asian nation 40,000-50,000 citrus fruits. According to officials from the Pakistan Federal Ministry of [...]Oil Prices Rise as Brent Climbs to a 7 Year High on Return of Geopolitical Unrest
Oil prices rose more than $1 on Tuesday to a more than seven-year high on worries about possible supply disruptions after Yemen's Houthi group attacked the United Arab Emirates, escalating [...]CBK Seeks KSh 30 Billion in 2nd T-Bonds Auction in January
The Central Bank of Kenya(CBK) is looking to raise KSh 30.00Bn for budgetary support in the second Treasury Bonds Auction of January 2022. The Auction will see the reopening of [...]Kenya Hungary Sign 4 Bilateral Agreements
Kenya has signed four bilateral agreements with Hungary; for cooperation in health, water, education and diplomacy sectors. The agreement on health covers human resource capacity building, information sharing and prevention [...]Kenya Receives KSh115Million from UK to fight Drought and Floods
Kenya will receive KSh 115 Million out of a financial package of KSh 2.6 Billion that the UK Government has pledged to support countries in East Africa deal with the [...]Kenya Shilling hits New Low of 113.49 Against the US$
The Kenya Shilling remained weaker as Central Bank of Kenya(CBK) moved to stabilize the currency. The currency of East Africa’s largest economy fell to 113.61 against the US Dollar this [...]
