Tea farmers in the Rift Valley and Western Kenya will enjoy increased pay for green leaf deliveries, as reforms in the sector continue.
This is after the Kenya Tea Development Agency (Holdings) Limited Board, approved increased monthly green leaf payments for farmers in KTDA's regions five, six, and seven.
The prices will go up by between Sh2 and Sh3, in what...
Kenya’s fastest-growing real estate company, Lesedi Developers, has swept the deck in two categories in the recently concluded Top Score Brands Real Estate Awards 2021 held at the Hilton Hotel.
The prestigious awards recognized Lesedi as not only the most consistent land selling and Subdivision Company, but also the most promising company in mid-plan affordable housing development in Kenya.
Speaking during...
Lifestyle
Malware attacks in Africa are increasing, reaching 85 million in only 6 months
Staff Writer -
Overall, 4 countries account for 85 million attacks, with South Africa being the most targeted
Kaspersky research highlights that malware is rife across Africa with various countries exhibiting strong growth in all malware types in the first half of 2021, when compared to the same period last year. This is a 5% increase in the region, as cybercriminals and hackers continue...
The United States International University-Africa has received a rare treasure trove of academic materials, including more than 10,000 textbooks valued at more than US$ 1 Million, from the outgoing Vice-Chancellor Professor Paul Tiyambe Zeleza.
The academic gift comprises Prof. Zeleza’s personal academic library featuring books, transcripts, research papers, journals, and conference reports collected over the last four decades from various...
Feature
Sanlam Kenya restructures foreign-denominated loan and reports revenue growth for its insurance subsidiaries
Staff Writer -
Picture Caption:
Sanlam Life Insurance Principal Officer Mr Kevin Mworia (left) with Sanlam Kenya Group CEO Patrick Tumbo (centre) and Sanlam General Insurance CEO Caroline Laichena (right) at a past Sanlam Kenya event.
Listed non-bank financial services firm Sanlam Kenya PLC has announced that it has restructured its foreign currency-denominated loan into a local currency facility.
The disclosure made alongside its half-year...
Kenyan fintech startup Kwara has been selected for the Mastercard Start Path program.
Mastercard announced that Kwara is one of the 11 global startups selected to join the award-winning Start Path Program. The program is a springboard to help the best and brightest startups maximize their opportunity for success. During the six-month program, the startups will learn from Mastercard experts and explore co-innovation opportunities.
Cynthia Wandia, Kwara’s...
Gadgets
Kakuzi trains its sights on operating efficiency enhancement, value addition and product diversification to fuel growth
Staff Writer -
Listed local agri-business firm Kakuzi Plc has announced a marginal drop in its half-year pretax profit attributed to slower market growth and price volatility in its key export markets due to the Covid 19 pandemic.
In its half-year trading disclosures released by Chairman Nicholas Ng'ang'a, Kakuzi Plc confirmed a 3% drop in its profit before tax after posting KSh 276.7...
Of the Top 20, 45% of the entrepreneurs are female and the average age of the group is 34
Top 20 will proceed to Semi-finals for a chance to become a Top 10 hero; Top 20 represent 11 countries from across Africa and a wide spectrum of key business sectors
The Africa’s Business Heroes (ABH) (https://bit.ly/37MiCwK) prize competition, a flagship philanthropic...
Feature
The Canada-Africa Chamber of Business is Growing & Expanding: Leadership Changes Announced
Staff Writer -
Dr. Patricia Makhesha of Ivanhoe Mines joins the Board of Directors, while outgoing Chair, Mr. Sebastian Spio-Garbrah, takes up the newly constituted position of Special Trade and Investment Envoy to the AfCFTA Secretariat in Accra
The Canada-Africa Chamber of Business (www.CanadaAfrica.ca) is pleased to announce major growth and an expansion of our operations in support of promoting trade and investment...
Richard Perry, analyst at INFINOX - a leading international FX and CFD broker - highlights the importance of traders keeping abreast of the latest news events to predict market fluctuations and dictate their trading strategies and success
News events have a significant impact on the forex market, with newsflow being one of the driving forces that determine forex market fluctuations....
























