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Monthly Archives: February 2023

Google Opens Applications For Third Cohort Of Black Founders Fund For...

Google has announced applications for the third cohort of Black Founders Fund for Startups opened in Africa and Europe in line with its commitment...

SportPesa Billionaire’s Mansion, Farms Go Under The Hammer

A number of properties belonging to billionaire entrepreneur and SportPesa shareholder Paul Ndung'u have been listed for auction. Among them are a prime residential property in Gigiri, Nairobi as well as commercial farms in Laikipia.

KRA Suspends Tax Relief Payments

The Kenya Revenue Authority (KRA) and the National Treasury and Economic Planning have suspended all tax relief payments with effect from 25th February 2023...

List Of Businesses Owned By Moses Kuria

Moses Kuria is the current Cabinet Secretary (CS) for Investments, Trade and Industry, having taken over the post on October 27, 2022. He took...

The Women Bank Story That Amazed US First Lady Jill Biden

As part of her itinerary, Dr Jill Biden made a personal visit to the Women for Peace Group in Kibera to experience table banking model, championed by Mama Rachel Ruto through the Mama Doing Good Organization.

Kenya Power Posts Ksh1.1 Billion Six-Month Loss

The loss was attributed to the 15 percent reduction in electricity prices effected by the state last year, as well as the weakening shilling. The 15 percent tariff cut was effected under former President Uhuru Kenyatta's administration in January 2022.

China Square Standoff Escalates As Gov’t Seizes Goods Worth Ksh50M

The Anti-Counterfeit Authority (ACA) has seized goods worth Ksh50 million from China Square for an audit. According to the authorities, China Square could be involved...

Inside Raila’s Multi-Billion Energy Empire

Former Prime Minister Raila Odinga and his family are among the major players in Kenya's energy sector, with significant investments in the petroleum sector. Through various market-leading companies, Odinga has interests across various facets of the sector, including the manufacturing and revalidation of LPG cylinders, and importation and distribution of petroleum products.

Norfund Seals Ksh1.8B Financing Deal With Hela Apparel Holdings

Norfund, the Norwegian government’s investment fund, has signed a US$ 14 million (Ksh1.8 billion) financing agreement with Hela Apparel Holdings PLC to bolster the...

10 Simple Practices To Help You Live a Fulfilling Life

It’s not uncommon to get caught up in the hustle and bustle of life and lose sight of what truly makes us happy.