KBA Launches the Annual Kaa Chonjo Awareness Campaign to Boost Security of Payment Platforms
The Kenya Bankers Association (KBA), in partnership with VISA, Safaricom, Retail Trade Association of Kenya (retrak), and Pesalink, has today launched the annual Kaa Chonjo Card, Mobile, and Online Safety [...]
InterContinental Hotel Gains Management Control Over JKIA-Based Hotel Lazizi
The InterContinental Hotels Group (IHG) has gained control over the management of Lazizi Premiere hotel based at the Jomo Kenyatta International Airport (JKIA). The hotel will rebrand to Crowne Plaza [...]Global Oil Prices the Implications on Kenya- CMA Soundness Report
Global oil prices have been on the rise since September last year. During 2017-2018, the Organisation of the Petroleum Exporting Countries (OPEC) led by Saudi Arabia and non-OPEC Russia cut [...]Cement Consumption Reduces by 8.2pc in 2017
Cement consumption has reduced by 6.2 million tonnes for the first time in 17 years because of low demand, the Economic Survey Report 2018 released by the Kenya National Bureau [...]Tanzanian businessman Ali Mfuruki Proposes to Acquire 50% Stake in Wananchi Group
Ali Mufuruki, a Tanzanian businessman, wants to acquire 50 percent stake in Wananchi Group Holdings. Currently, Mr Mufuruki holds one percent stake in the Zuku TV parent company and once [...]M-Pesa PayPal Partnership Opportunities for Kenyan Businesses Individuals
Safaricom’s debut into the global digital economy comes at an opportune time when mobile credit companies and electronic payment firms are focusing on hundreds of small business as well as [...]
Kenyans Sent 16m Letters in Q417- CA Report
Brief; A new survey by the Communications Authority of Kenya (CA) shows that the number of letters sent in the three months to December 2017 increased from 16.02 million to [...]Safaricom Set to Launch Messaging App Linked to M-Pesa
Safaricom, the largest telecom company in Kenya, is piloting a social messaging app that will link to M-Pesa in a strategy to get into the application business, the company said [...]Chinese Bank Slashes 2nd Phase of SGR Funding by Sh 32 Billion
China Exim Bank, the financier of Kenya's Standard Gauge Railway, has reduced the funding of the second phase of the construction by Sh32 billion because of the impediment from the [...]UK-Based Firm Wood Group Wins Bid to Construct Sh200bn Turkana-Lamu Pipeline
Wood Group Plc, a British company that offers energy services, has received a contract from the Kenya government to construct a pipeline to move crude oil from the Turkana fields [...]South Africa's Vantage Capital Invests $8m in Runda's Rosslyn Riviera Mall
Vantage Capital, a mezzanine fund manager based in South Africa, has announced that it has funded Rosslyn Riviera Shopping Mall with $8 million. Rosslyn Riviera, which began operations in 2017, [...]Features of Kenya Power's Self-Reading App
The Cabinet Secretary of Energy, Charles Keter last week launched Kenya Power's self-reading app that is currently usable by postpaid customers. The aim of the app is to improve customer [...]
