Bitange Ndemo Among Most Influential People in Digital Govt
Bitange Ndemo has been named among the most influential people in the digital government. According to a ranking by apolitical, Bitange's notable contributions to digital transformation in Kenya warrant him top [...]
Facebook to flag fake news in Kenya
Facebook has included Kenya in a list of 10 African countries in a project that aims at ensuring false stories are not posted on its platform. Feedback from the [...]
CIC GROUP Begins Search for New CEO
The Board of CIC Insurance Group PLC has announced the departure of Mr. Tom Gitogo as Group CEO, effective October, 9th, 2019. He has been replaced by Elijah Wachira in [...]Kenya Market Report 09/10/2019
Market capitalization climbed up to 2217.37 billion when markets closed today compared to Sh 2212.50 billion yesterday but still lower than Sh 2221.42 billion when markets opened this Monday. Total [...]Chinese real estate developers arrested for tax evasion
The Kenya Revenue Authority says three Chinese nationals have been arrested in Nairobi for tax evasions worth KSh 26 million. The directors of Tianyi Limited Zhang Xiaodong, Ming Zhao, and [...]Safaricom Rebrands Mpesa Logo in Celebration of Eliud Kipchoge
Kenya’s largest telco by customer numbers Safaricom has unveiled a new logo for the next seven days in honour of Eliud Kipchoge. The new Mpesa logo christened as Eliud 159 [...]
Equity Market Activity Slows Down
Market capitalization dropped to KSh 2,212.50 billion yesterday compared to KSh 2,204.4 billion when markets opened this Monday. Total Shares traded were 7,488,700 a drop from 14,313,200 that was transacted [...]SIB to offer alternative investment options to investors
Nairobi based Standard Investment Bank (SIB) has announced that it will be offering investors in the region alternative investment options outside the NSE. The multi-asset strategy fund dubbed Mansa-X will [...]Tea Farmers Cry Out Over KTDA Mismanagement
Tea Farmers all over the country have expressed their dissatisfaction with the management of the Kenya Tea Development Agency. The farmers want the administration disbanded over dwindling payments. Furthermore, over [...]Mpesa Among World's Top 10 Most Influential Projects of the Last 50 Years
Safaricom’s M-pesa is one of the top 10 influential finance projects of the last 50 years by Project Management Institute (PMI) in its 2019 Most Influential Projects list. Mpesa has [...]Focusing on Enterprise Development will Increase Financial Inclusion for MSMEs
Kenya’s Vision 2030 seeks to create an industrialized, middle-income economy with Micro, Small and Medium-sized Enterprise (MSMEs) at the core of that strategy. Data from Kenya Bankers Association Shared Value [...]Dr. Caesar Mwangi Appointed CEO of ICEA LION Insurance Holdings
ICEA LION Group has announced the appointment of Dr. Caesar Mwangi as the Chief Executive Officer of ICEA LION Insurance Holdings Limited. The appointment took effect on 1st August 2019. [...]
