Safaricom Market Cap Crosses Ksh 1.5 Trillion
Kenya's largest listed company hit a market capitalization Ksh 1.52 Trillion after the company's shares touched a new record high of Ksh 38. On Thursday, the Nairobi Securities Exchange-listed firm [...]
KPMG Resign as Standard Group's External Auditors
Standard Group has announced that KPMG Kenya resigned as the company's external auditors on 8th February 2021. Prior to the resignation, KPMG served as Standard Group's external auditors for nearly [...]
Maasai Mara National Reserve voted World’s 3rd Best National Park, 2021
Maasai Mara National Reserve has been voted the third best national park in the World by TripAdvisor Inc., an American online travel company. Maasai Mara National Reserve is behind Corbett [...]
Safaricom shareholders to receive KSh 18 Billion Interim dividend
Safaricom has issued a notice on interim dividend for the year ended 31st March 2021, of KSh 0.45 per ordinary share held amounting to KSh 18.029 Billion. This is in [...]Safaricom Appoints Winnie Ouko Christopher Kirigua as Directors on its Board
Safaricom has appointed Christopher Kirigua and Winnie Ouko to its board of directors. Christopher will serve as an alternate director to the Cabinet Secretary, National Treasury and Planning. His appointment [...]Skyward Express Launches Direct Flights to Malindi
Local budget airline, Skyward Express has launched direct flights from Nairobi to Malindi, operating aDash8 q100that has a seating capacity of 37 passengers on the route. This brings the airline's [...]
Absa Marks One Year Since Transition, Commits KSh1.6 Billion into Digital Products
Absa Bank Kenya Plc. has marked its first anniversary in the Kenyan market, with a commitment to significantly invest in transforming the customer experience. The bank announced plans to invest [...]It Now Costs Kshs. 2,000 to Send Ethereum
The cryptocurrency industry has been going through its best year yet. Bitcoin is now trading above $48,000 (+Kshs 5.2 million), with many other cryptos also posting new highs. The crypto [...]
Ericsson Appoints Sena Erten as VP and Head of People for Middle East and Africa
Ericsson has appointed Sena Erten as the new Vice President and Head of People for Africa and the Middle East. Sena will head the company talent acquisition in the region, [...]Kenya's Mobile Money Transactions Climb to KSh5.2 Trillion in 2020
According to data from the Central Bank of Kenya, the value of mobile money transactions rose to the highest level on record, reaching KSh5.21 trillion in 2020, a 20 percent [...]British Power Producer Globoleq Acquires Controlling Stake in QPEA GT Menengai Ltd
British power producer Globoleq received a green light to acquire a controlling stake in Quantum Power East Africa GT Menengai (QPEA), a company contracted to build a 35MW geothermal plant [...]There's Alot of Room to Grow Kenya-Austria Business Commercial Counsellor Edith Predorf
In an interview with The Kenyan Wallstreet, Edith Predorf, Commercial Counsellor of Austria to Eastern Africa noted that Kenya and indeed the Eastern African region still has numerous opportunities to [...]
