GreenHouse Capital Invests in Fintech Startup

Sub-Saharan Africa’s largest fintech investment fund - GreenHouse Capital - has invested in Indicina, an innovative and solution driven fintech startup that creates...

BT Correspondent2 Mins read

Standard Group's Mombasa Road headquarters.

BUSINESS MARKETS MEDIA

Standard Group’s External Auditor Resigns Amid Management Shake-up

Standard Group has confirmed the resignation of KPMG as its external auditor. In a regulatory disclosure, the media giant noted that the resignation...

MARTIN SIELE1 Mins read

M-Pesa agent outlets in Nairobi. Safaricom is set to pay out an interim dividend for the first time to protect shareholders during the Covid-19 pandemic.

BUSINESS MARKETS STOCKS

Safaricom to Pay Out Ksh18B in First Ever Interim Dividend

Market-leading telco Safaricom is set to pay an interim dividend for the first time, with the company citing the need to cushion shareholders...

MARTIN SIELE1 Mins read

Technicials installing solar panels in Kenya

BUSINESS ECONOMY MARKETS

Kenya Power to Install Solar Panels as Consumers’ Shift Threatens Revenues

Kenya Power and Lighting Company (KPLC) is set to venture into solar power - in a bid to capitalize on the accelerated switch...

MARTIN SIELE2 Mins read

Kenyan bank notes and coins of different denominations juxtaposed with a TED stage

SMART MONEY

TED Experiment Gives Kenyans Ksh1.1M Each to Spend However They Want

Kenyans are among 200 recipients of $10,000 (Ksh1.09 million) each to spend however they want as part of a social experiment facilitated by...

MARTIN SIELE2 Mins read

STOCKS

Heavy Trading in Safaricom Shares Fires Up NSE Turnover

Turnover at the Nairobi Securities Exchange rose to Ksh535 million from the previous session’s Ksh211 million, as investors firmed up their positions in...