Monthly Archives: March 2023
4 New Goodies for Startups, Investors – Ruto Unveils
Speaking at the American Chamber of Commerce Regional Business Summit hosted in Nairobi on Thursday, March 30, the President reiterated the need to make Kenya more competitive, maintaining that his administration would review taxation and regulatory policies.
Jumia Kenya Announces New Packaging Measures
Jumia Kenya consumers will now receive their online orders in their original packaging from the manufacturer without any extra wrap from Jumia. This follows the...
Family Bank Reports Ksh3.7 Billion In Profits For 2022
Family Bank Group has recorded a Ksh3.7 billion Profit Before Tax for the full year ended December 31, 2022, a 12.2 % growth compared...
Maisha Microfinance Bank Joins Kenya Bankers Association
Maisha Microfinance Bank has joined the Kenya Bankers Association (KBA) membership, increasing the banking industry umbrella body.
Layoffs Hit Kenya’s Tech Sector
Over the past two weeks, a number of individuals at the Microsoft African Development Centre (ADC) in Nairobi have been notified of the company's decision to let them go - including product managers and software engineers.
Student Hostels Rake In Sh855M Profit For Investors
Acorn Investment Management Limited, the entity behind Qwetu Hostels and Qejani Student Residences, has announced a combined net profit of Ksh855 million for the year ended December 2022.
OLEA Insurance Solutions Appoints New CEO For Kenya
Paris-based company OLEA Insurance Solutions has announced the appointment of a new CEO, Mr Anthony Wachira
KFC Officially Opens 6th Edition Of Kalasha Market
The Kenya Film Commission (KFC) is hosting the 6th Edition of Kalasha International Film and TV Market, a three-day event at Kenyatta International Convention...
FSD Africa Marks 10 Years Of Greening Financial Markets
During this period, FSD Africa has contributed to 10.2 million people accessing financial services, invested over £50 million towards green initiatives and created 35,700 Full-Time Equivalent Jobs.
Nixon Shigoli Elected AKI Board Chairman
Mr Nixon Shigoli has been elected Board Chairman of the Association of Kenya Insurers (AKI) during the Association’s 36th annual general meeting held on...