Friday, May 20, 2022

Regional property summit kicks off in Nairobi as Absa Bank eyes real estate

Over 300 real estate stakeholders from Africa and other parts of the world will gather in Nairobi between May 18th and 19th for the East Africa Property Investment (EAPI) Summit, at the Kempinski Hotel. The ninth edition of the EAPI Summit which returns after a two-year hiatus due to global restrictions caused by the Covid-19 pandemic will be sponsored by Pan-African lender, Absa Group,...
Twiga Foods

Twiga Foods pumps Sh1.2 billion in onion, tomato value chain

Business-to-business marketing company Twiga Foods has spun out a new subsidiary, Twiga Fresh, where it plans to scale the production of fresh foods in a Kes1.2 billion ($10 million) investment. Twiga Foods sources a range of farm produce directly from farmers and helps deliver it to retailers in urban settings. The firm said Twiga Fresh will focus on modern and commercial...

Lipa Mdogo Mdogo is bridging digital divide for nearly a million Kenyans

Over 800,000 customers are now enjoying the benefits of fast internet connectivity via smartphones acquired through Safaricom's handset purchase plan Lipa Mdogo Mdogo. The initiative, which is part of Safaricom's plan to bridge the digital divide, enables customers to enjoy digitally enabled services such as online banking, e-commerce, access to a variety of entertainment platforms, e-learning, and State service portals eCitizen.

Uhuru calls for setting up of sustainable cities across Africa

President Uhuru Kenyatta has called for the sustainable development of intermediary cities across Africa, saying it has the potential to host the influx of people migrating from rural to urban areas. The Head of State said this is a continental moment to face the rapid urbanization by putting up structures aimed at making them habitable. “The choice of Kisumu to be...

Buon Appetito! Artcaffé Market May cuisine goes Italian

The Artcaffé Market has launched the Italian month inviting Kenyans, especially the Nairobians to discover the flavours and flair of Italian culture and cuisine exclusively at Rhapta Square. The Market and Market Cellar have been transformed into a wonderland filled with scenes, products, and experiences from theEuropean country. Shoppers will be able to discover, taste and take home authentic and traditional...

Safaricom looks for new bright spots as M-PESA continues to grow

Safaricom is looking for new growth opportunities as the company matures in the Kenyan market. The telco's profits stayed flat at Kes67.4 billion in the twelve months to March 2022 a marginal dip from Kes68.6 billion in a similar period last year. The company has branched into Ethiopia where it expects to make its first Birr this year following preparations for...





Buoyed by Ethiopia market entry, Safaricom shares remain strong

Safaricom investors gave the company a vote of confidence following reports that the company entry into Ethiopia market is on track as...

Uhuru unveils KNH’s new lab, liver and kidney treatment centres worth Sh1bn

President Uhuru Kenyatta has unveiled three State-of-the-art health centres at the Kenyatta National Hospital (KNH), built and equipped at a cost of...


Showmax steps up content generation in East Africa

MultiChoice-owned video-on-demand service Showmax is investing in four East African-produced original films and programming as the entertainment company steps up its presence...

KCB on the brink to become the first Kes 1 trillion...

If all 29 tier two and tier three banks met outside Kencom house and were let into KCB's iconic building, they will...

Good news for maize farmers as Kenya unveils striga weed killer

Agriculture research center Kalro has developed a bio-control herbicide to combat the destructive striga weed that has become a threat to food...

Covid-19: Kenya’s positivity rate up to 13.1 per cent

The country’s positivity rate increased to 13.1 per in the last 24 hours after 762 people tested positive for COVID-19.


No parallel Jamhuri Day fetes in the counties – PS Kibicho

There will be no parallel celebrations in the counties during this year’s Jamhuri Day, which will be feted at the Uhuru Grounds...

Kenya Covid-19 positivity rate at 6.3 per cent

Kenya reported 234 new Covid-19 infections on Sunday from a sample size of 3,737 people, reflecting a positivity rate of 6.3 per...