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Safaricom

Big bargain as Safaricom slashes Smartphone prices by up to 45 percent

It is early Christmas for Safaricom customers after the telco slashed prices of smartphones and accessories by up to 45 percent. Safaricom says the offers are aimed at complimenting customers’ digital lifestyles as they gear up for the festive season. Owning a smartphone has never been this cheap. With Sh2,999, one can now own a quality smartphone. The offers will last...
Jambojet

How Jambojet is revolutionizing low-cost air travel

East Africa's economy is thriving. A stable political climate, favorable trade policies and a more focused approach on infrastructure development have seen East Africa outpace other regional blocs – with E.A member states combined GDP growth expected to remain at a robust 5.9% according to the 2019 African Development Bank (AFDB) Regional Economic Report. It means that East Africa is...
Jambojet

Jambojet becomes Kenya’s first airline to grace international aerospace event

Kenya airways owned - low-cost subsidiary Jambojet; has become the first Kenyan airline to participate in the Dubai Airshow, an international affair that brings together aircraft manufactures to showcase their technical and operational competencies and capabilities to potential customers and aviation leaders. Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum during his inspection of the “Dubai Airshow 2019” at Dubai...
Refugee Camp

Africa’s mobile giants are teaming up with the United Nations to loop in refugees...

Twenty-nine years - That’s how long our fellow African brothers and sisters from about 19 nationalities have endured the furnace of hopelessness and sheer desperation at makeshift human settlements in Northern Kenya, that harbors the Kakuma and Daadab refugee camps. Figures from the United Nations High Commission for Refugees (UNHCR) estimate that Kenya currently hosts close to 400,000 refugees mostly from neighboring South Sudan...
Islamic banking

Islamic banking is thriving in Kenya

Islamic banking and financial services in Kenya have registered phenomenal growth over time and are now easily accessible thanks to liberalization by the regulator. A thriving Muslim population in the country especially in urban centers running robust small and medium enterprises has led to high liquidity - attracting major financial institutions offering sharia-compliant services. Read also: Is Timiza part of Absa's...
Michael-Borfine Omoyo (23)

It began brutally – but now the future seems clear for this NYS...

Michael-Borfine Omoyo, a 23-year-old NYS officer attached to the Athi river unit - is a happy man. After he leaves the National Youth Service (NYS) this December, he is enrolling for a state-funded course at an Institution in Nairobi where he will study for one more year. To him, this marks a leap of incredible proportions towards his ultimate...

INSIGHTS

MARKETS

Bonus years dry up as Centum issues a profit warning

Between 2013 and 2016 Centum investments profits spiraled threefold from 2.5 billion to Sh9.9 billion with Billionaire owner Chris Kirubi getting accolades for his...

Was it a suspension or a market halt; Circus of Unga...

EQUITIES The Equities market was dominated by the circus surrounding the offer to take over Unga group from minority shareholders. American firm Seaboard offered to buy...

BUSINESS AND MONEY

Peter Simpson Guiness

Master Brewer shares the keys to crafting the finest beer

Peter Simpson says that beer is a very personal thing, and when any layman analyzes consumer trends even here in Kenya –...
Oktoberfest

Beer could be an embodiment of national symbolism

On October 5th, the beer started flowing at Oktoberfest in Nairobi, a two-day festival organized by the brewers of Tusker – one...

JOBS

More Kenyan companies lay off employees

Kenyan companies continue to lay off employees as they try to remain afloat following the difficult economic environment. Most are offering employees early retirement packages...

Hides trader charged with evading Sh204 million export duty

A Nairobi based hides and skins trader has been charged with five counts relating to tax fraud and failure to file tax returns leading...

The return of the English Premier League

Barely a month after the world cup, the English premier league is back. It kicks off on Friday 10th August 2018 when Leicester city...

UAP Old Mutual merger starts bearing fruit

UAP old Mutual has reduced its exposures by Sh1 billion by cutting off 100 high-risk accounts according to Group CEO Peter Mwangi. This helped the...

OTHER NEWS

American firm gets ten more days to sell offer to Unga...

The twists and turns in the sale of Unga Group took on a new angle after closing date was extended by 10 days over...

3 reasons why you should keep a diary

Every year most corporates give their employees a diary and notebook to use in their day to day activities. Most often than not, you...

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Opinion: How Kenya can improve the quality of education to match...

As has been synonymous with recent years, some 2019 KCPE candidates have an early Christmas present as they receive their results this...

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