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BUSINESS

This section give a comprehensive coverage of business news in Kenya – ranging from companies, industry, economy, markets, agriculture and the NGO world.

Co-operative Bank Sweetens Diaspora Banking Services

Co-operative Bank is tapping the growing financial trove presented by Kenyans working abroad through its diaspora banking services. The Diaspora Banking platform helps customers...

Hana Kuma Company Name Causes Nightmares For Kenyans

Japanese tennis superstar Naomi Osaka launched her own media company as she diversifies from the court to Hollywood. The company, whose name Hana Kuma...

James Mwangi’s New 4-Point Plan to Transform Africa’s Economy

Mwangi disclosed that the plan was developed in consultation with leading experts from various public and private sector bodies, including the International Finance Corporation (IFC) and the East African Community (EAC).

New Visa Rule Throws Kenyans’ Travel Plans Into Disarray

The new restriction means that a Kenyan travelling to North America or elsewhere with a connecting flight through Amsterdam or Paris, for instance, will have to apply for a Transit Schengen visa before leaving Kenya.

mTek Secures Ksh340M Investment For Digital Insurance Penetration

Kenyan insurtech and digital insurance platform mTek has secured an investment commitment from African-focused fintech platform, Finclusion Group, totalling $3 million (Ksh340 million) -...

Startup Access To Funding In Upward Trajectory As GetEquity Expands To...

As global economies rebound from the COVID-19 shock, things are looking up for African startup founders, an April 2022 report by African Private Equity...

After Guzzling NMG’s Millions, Business Daily Got Off To a False...

On 13th March 2007, Business Daily was launched. On its first day on the newsstands, despite heavy promotion, it sold just 300 copies. “People didn’t want to look me in the face,” says Wachira, who was managing editor and face of the new paper.

Mandatory Masks Make a Comeback as Covid Cases Spike

Kenyans will be required to wear masks in public service vehicles (PSVs), supermarkets, churches, mosques,  offices and flights.

Nairobians Hit With Matatu Fare Hikes as Cost of Living Skyrockets

Matatus aren't the only one passing on the cost to consumers. Cab-hailing services including Uber also announced that they would increase fares in response to the higher fuel prices.

WorldRemit Says Kenya Among Its Top 3 African Markets

Kenya is among the top three countries in Africa to which WorldRemit users globally send money. In data shared with newsrooms globally on 17th...