Sendy Lami Technologies Partner to Launch Per-Trip Insurance Policies
Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, has partnered with Sendy Limited, a tech-logistics company, to enable transporters [...]
Kenya Ethiopia Seal Deal for Free Trade Area
Kenya and Ethiopia have sealed a deal for a free trade area, seeking to enhance cross-border trade and movement of people. The two countries signed the Moyale One Stop Border [...]Buy Now, Pay Later: Re-designing the Global E-Commerce.
Let's talk about Buy now pay later Going shopping is fun if you have the finance that is. But imagine, going shopping without the money and then someone pops up, [...]
10th Banking Research Conference Kicks off with Focus On Post COVID Recovery Opportunities, Risks
The 10th edition of the Kenya Bankers Association Annual Banking Research Conference kicked off this Wednesday with research papers presented during the opening session with a focus on the impact [...]Evergrande's debt Concerns Drag Global Markets Lower
Global markets closed lower on Tuesday following a volatile session amid the uncertainty caused by the potential bankruptcy of Chinese real estate developer Evergrande Group. Of great concern to investors [...]
Kenya Power Withdraws Application to Increase Bills by 20%
Kenya Power has withdrawn an application to increase bills by up to a fifth, shifting its focus to lowering costs, curbing electricity theft and recovery of unpaid bills amounting to [...]Kenya Breweries to Invest KSh1 Billion in New Production Line
Kenya Breweries has announced plans to invest KSh1 billion in a new production line, seeking to tap the growing appetite for spirits in Kenya. The firm says the funds will [...]KPLC Receives $ 1 Million grant from SEFA
The Kenya Power and Lighting Company(KPLC) has received a grant of US$ 1 Million from the Sustainable Energy Fund for Africa(SEFA) to create a Super Energy Service Company(ESCO). The Super [...]
5 percent of the adult population in Kenya are digital workers Report
A recent report dubbed the National Study on Digital and Digitally Enabled Work in Kenya found that about 1,209,506 people (5) percent of the adult population in Kenya are digital workers, [...]Tullow Oil to Invest KSh340 Billion More in Kenya's Oil
Tullow Oil has announced plans to invest KSh340 billion more in its crude oil development project in Kenya, as a result of additional wells that are set to be drilled [...]Kenya's 2020 Exports to EAC Hit $1.44 Billion
Kenya’s 2020 exports to the East African Community (EAC) rose by 12.7% to hit $1.44 billion (KSh158.3 billion), an increase from $1.28 billion (KSh140.4 billion) in 2019, accounting for 64.3% [...]NSE Daily Equity Turnover Drops 52% to KSh 183.7 Million
The Nairobi Securities Exchange(NSE) recorded a drop in Equity turnover to KSh 183.7 Million when trading ended at the bourse this Monday compared to KSh 384.8 Million on Friday last [...]
