Safaricom's dividend payout increases by 70%
Safaricom has announced that it will pay Kshs 74.92 billion in its 2019 Financial Year. The dividends include Kshs 50.08 billion for ordinary shares as well as Kshs 24.84 billion [...]
Six Useful Habits to Make You Wealthy and Financially Successful
Have you started planning personal finances and saving? There is no age that is too young for that. These six steps will contribute to your well-being. Smart Money Moves to [...]M-pesa plans to expand into Ethiopia and Nigeria
Safaricom’s mobile money service is looking to expand into Ethiopia and Nigeria according to the interim CEO Michael Joseph. The innovative service has tremendously grown since its launch in 2007. [...]
Total Kenya's Half Year Net Sales Up 48% to Ksh 65 billion
Total Kenya has released its half-year results for the year 2019 with net sales increasing by 48% to Ksh65.21 billion. Gross profit increased marginally by 1.6% from Ksh 4.08 billion [...]Kenya Bankers’s 2019 Catalyst Awards Applications Open
The Catalyst Awards for 2019, which are championed by the Kenya Bankers Association (KBA), are set to recognize institutions which have in one way or another, incorporated Sustainable Finance Practices [...]KAA starts recruitment of a new CEO following Andersen's resignation
The Kenya Airports Authority has begun the recruitment process for a new CEO following Jonny Andersen's resignation. Andersen announced that he will resign as the authority's CEO effective end of [...]Astral Aerial partners with Yamaha to promote drone technology in Kenya
Astral Aerial, a drones service company, will enhance last-mile air cargo delivery as well as its crop spraying solutions, thanks to a recent deal with Yamaha. The local drone service [...]Central bank converts Ksh. 100 billion in ongoing demonetization
The demonetization of Kenya's Ksh 1,000 notes ends in a month. So far, conversion stands at approximately 100 million out of the 217 million one-thousand notes. This amount to Ksh [...]Longhorn Publishers plan to expand into Francophone countries
Longhorn publishers have recently posted their full-year results. Longhorn reported revenue of Ksh1.6 billion a 5% decline from the previous year. This decline was attributed to the decline in government [...]KQ kickstarts search for new CEO
Kenya Airways is seeking to replace Mikosz who leaves the firm in December. Sebastian Mikosz issued a resignation letter in May citing personal reasons for his resignation. According to the [...]
Bus hailing platform to use Nairobi as a launchpad to other cities.
SWVL plans to use Nairobi to set motion its expansion to other cities in Africa and the world. The bus hailing platform recently injected KSh1.5 billion into its Kenyan business, [...]CMA partners with ICIFA to train Capital Markets professionals
The Capital Markets Authority has today signed a Memorandum of Understanding with the Institute of Certified Investments and Financial Analysts (ICIFA). According to the CMA Chief Executive Officer, Mr. Paul [...]
