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    Panic Withdrawals Hit First Community Bank – How it Happened

    The confusion was heightened by the bank's withdrawal of a statement it had issued earlier in the day to assuage fears, in which it blamed the situation on 'malicious rumors' and noted that it was working closely with the Central Bank of Kenya (CBK) to ensure it continues offering its services.

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    James Mwangi Woos Elon Musk With DRC Offer

    Mwangi's new comments echo sentiments he shared at the Africa CEO Forum earlier in 2022 in Abidjan, Ivory Coast. He explained his confidence in the DRC market despite challenges such as poor infrastructure, noting the size of the market and natural resources that present numerous opportunities in agriculture, energy, manufacturing and trade.

    250 Youths To Benefit From Software Development Training By Family Group Foundation, Adanian Labs

    250 youths are set to benefit from software development training courtesy of a partnership between The Family Group Foundation and Adanian Labs Africa. Family Bank...

    Panic Withdrawals Hit First Community Bank – How it Happened

    The confusion was heightened by the bank's withdrawal of a statement it had issued earlier in the day to assuage fears, in which it blamed the situation on 'malicious rumors' and noted that it was working closely with the Central Bank of Kenya (CBK) to ensure it continues offering its services.

    Zamara Launches Online Aggregator Portal To Increase Insurance Uptake

    Insurance broker, Zamara Group, has announced plans to invest Ksh100 million to upgrade its digital capabilities and customer service. The company said the program includes...

    Paul Ndung’u: How Kenyatta Family Grabbed SportPesa

    Ndung'u and Asenath Wachira Maina, another prominent Kenyan businessman, were among key shareholders in Pevans EA who introduced SportPesa to the market. Ndung’u in 2020 claimed that local shareholders were not informed of the transfer of the brand, and further claimed that they were excluded from purchasing shares in Sportpesa Global Holdings Limited (SGHL), diluting their ownership in the UK-based firm. The matter has been in court since, even as Karauri-led Milestone Games battles to secure an operating license.

    Safaricom Recognised For Achieving Diversity In Procurement Through Its Women in Business Programme

    Safaricom has won Best Initiative to Build a Diverse Supplier Base in the Chartered Institute of Procurement & Supply (CIPS) Excellence in Procurement Awards 2022. The telco...

    Pesapal Upgrades Core System With New Security Features

    Pesapal, a payment solutions provider with operations in Kenya and across East Africa, has upgraded its Application Programming Interface (API) to Pesapal 3.0. This, according...

    Linda Ndungu Appointed New Bolt Country Manager For Kenya

    Ride-hailing app Bolt has appointed Linda Ndungu as the new Country Manager Kenya effective October 1, 2022. In a statement, Bolt termed Linda as a...

    KCB, BasiGo Offer Financing For Electric Buses

    KCB Bank Kenya and BasiGo Ltd have inked a partnership deal that will enable KCB customers to acquire financing services for electric buses. Through the...

    Phyna Wins Big Brother Naija Level Up Edition!

    Josephine Otabor, also known as Phyna, has emerged winner of the seventh season of Big Brother Naija after polling a total of 40.74% of...

    Gina Din Lands Top Continental PR Job

    Din is the founder of Gina Din Corporate Communications, which she established in 1997 after leaving her position at Barclays Bank after more than 12 years as the lender's Communications Manager in Kenya. In 2020, Gina Din Corporate Communications was acquired by US-based Edelman Global Communications for an undisclosed fee.

    Govt Spends Ksh6B to Fully Own Telkom Kenya

    The 60% stake was acquired from Helios for Ksh6.09 billion and means the company is now fully state-owned. The deal values Telkom Kenya at Ksh10 billion.

    Kisumu-based Youth Group Wins New John Deere Tractor In Business Plan Competition

    Kowuor Central Village Youth Group, based in Ahero Sub-County of Kenya’s Kisumu County has been named the winner of a brand-new John Deere 5050D...

    Protecting Your Data: Unsolicited Promotional Messages on Safaricom & How to Block Them

    While, in some cases, Safaricom subscribers might opt in to receive some messages, many often receive content for which they didn't sign up for. The telco has been under pressure in recent times to boost data privacy.

    Crown Paints, I&M Bank Unveil Upto Ksh10 Million Loans Service For Dealers

    Crown Paints PLC Kenya has inked a deal with I&M Bank to provide authorized paint dealers and customers with quick loans when they place...

    Ascent Rift Valley Fund Sells Its Stake In Medpharm Holdings

    Ascent Rift Valley Fund Ltd (ARVF) has sold its stake in Ethiopian medical diagnostic laboratory company Medpharm Holdings Africa. In a statement, ARVF said it had...

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