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Latest business news in Kenya Latest business news in Kenya

Year: 2023

1358 Articles
A mobile phone user. Charges on transfers between bank accounts and mobile money wallets returned at the turn of the year. Photo/ Pinkvilla]
BUSINESSSMART BUSINESSTECHNOLOGY

Why Bank to M-Pesa Charges Were Suspended

The charges had been stopped in 2020 at the height of Covid-19 in Kenya, ostensibly to boost cashless transactions. Wafula, however, moved to...

1 Mins read
Centum Chief Executive James Mworia
BUSINESS

Centum Exits Buyout Deal With Access Bank

Centum Investment Company PLC has abandoned a buyout deal with Nigerian lender Access Bank. In a statement on Thursday, January 12, 2022, Centum...

1 Mins read
Labour and cooperative societies CS Simon Chelugui was among government officials present at the launch of the scheme on January 12. He pledged to work closely with saccos including Mwalimu to deliver on affordable housing.
FEATURED STORY

Teachers to Get Cheap Home Loans in New Mwalimu Sacco Scheme

Labour and cooperative societies CS Simon Chelugui was among government officials present at the launch of the scheme on January 12. He pledged...

1 Mins read
KTDA
BUSINESS

Windfall For Farmers As KTDA Factories Release Ksh5.5B December Bonuses

The Kenya Tea Development Agency (KTDA) managed factories have today disbursed Ksh5.5 billion as payment to their smallholder tea farmers for the December...

2 Mins read
“Africa has the youngest population in the world, with 60% of sub-Saharan Africa under the age of 30,” said Chege Ngugi, Africa Regional Director for ChildFund.
BUSINESSFEATURED STORY

ChildFund, LEAP Africa Roll Out Youth Development Programs In 9 Countries

ChildFund International and LEAP Africa, an organization that promotes youth leadership, have partnered to implement youth development programs in Kenya and eight other...

1 Mins read
Mr. Kingsley Muwowo with Mr. Thierno-Habib Hann
FEATURED STORY

Shelter Afrique Drops Muwowo For Thierno-Habib Hann As CEO

Mr Thierno-Habib Hann has assumed the position of the new Managing Director and Chief Executive Officer of the Nairobi-based Pan-African housing development financier Shelter Afrique...

3 Mins read
Previously, Fuliza overdrafts could only be used to send money to another subscriber, even with insufficient funds in your M-Pesa wallet, buy airtime, or to pay for goods and services using Lipa na M-Pesa.
BUSINESSTECHNOLOGY

You Can Now Withdraw Your Fuliza Limit at an M-Pesa Agent

Previously, Fuliza overdrafts could only be used to send money to another subscriber, even with insufficient funds in your M-Pesa wallet, buy airtime,...

1 Mins read
It will be her second stint at CNBC Africa, where she worked as a reporter and producer between 2007 and 2010. 
BUSINESSMEDIA

She’s Back: Terryanne Chebet Makes TV Comeback

The entrepreneur and communications expert has worked in several media and marketing roles over the past two decades, including General Manager at Metropol...

1 Mins read
A smartphone user.
TECHNOLOGY

Five Healthy Digital Habits For 2023

Early January is a great time to start using healthy digital habits and you still have time to make a promise to yourself...

3 Mins read
Elon Musk. As of December 2022, Starlink had put 3,300 small satellites in space.
BUSINESSTECHNOLOGY

Elon Musk to Disrupt Safaricom, Zuku in 2023

The entry of Starlink into Kenya would signal new, well-heeled competition for internet service providers (ISPs) such as Safaricom, Wananchi Group-owned Zuku and...

1 Mins read
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