BUSINESS

The diversification plan aimed at opening up new revenue streams was disclosed in its latest annual report. At the moment, KPLC leverages its 4,000-kilometre power transmission and distribution network to lease fibre optic cables across the country to ISPs.

The Central Bank of Kenya has granted ViewTech Limited (SasaPay) authorization to conduct or carry out the business of payment services in Kenya. SasaPay will...

The Kenya Commercial Bank (KCB) Group has terminated a deal to acquire Tanzanian lender, African Banking Corporation Tanzania Limited (ABC Tanzania). In a public announcement...

Greenland Fedha Limited, the microfinance arm of KTDA Holdings, has reduced the interest rate on loans to smallholder tea farmers to 8 percent, down from...

Seedstars Africa Ventures and Gray Matters Capital have announced leading a funding round of $ 1.1 million (Ksh123 million) to Nairobi-based Shamba Pride, a one-stop online-to-offline...

Ajua’s Quarter 3 Customer Loyalty Benchmark Report has revealed some of Kenya’s most exceptional brands in nine sectors spanning from banking to healthcare. According to...

Today, financial institutions, multinationals, and governments around the world are looking into blockchain technology to explore its ability to help improve business procedures, reduce...

Glenfiddich, the World’s Most Awarded Single Malt Whisky, has unveiled the Grande Couronne, the newest addition to the Grand Series. Grande Couronne is a 26-Year-Old...

“We are seeing a lot of interest from Kenyans who want to invest in the island, Kenya is currently the third largest investor after Tanzanian locals in first place followed by UAE,” said Sebastian Dietzold, Chief Executive CPS.

The Luo TV station is the latest addition to the Royal Media Services (RMS) umbrella which encompasses fourteen radio stations, three TV stations, Citizen Digital and Viusasa - a video streaming platform with extra features for finding jobs, tenders and more.