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Kakamega’s Bukhungu stadium will play host to the finals of the Chapa Dimba Na Safaricom youth tournament to be held from the 22nd to the 25th of March. The champions from each region will battle for a  chance to win Ksh 1 million and the opportunity to go for a  training camp in London in April 2018. “The tournament is a...
The local Sanlam Group affiliate has welcomed the completion of a US $1billion corporate acquisition of the North Africa headquartered insurance firm, Saham Finances. The acquisition, subject to regulatory approvals announced last week and billed as the single largest insurance firm transaction in Africa, will not affect Sanlam Kenya’s local operations and will only serve to enhance the firm’s service...
Safaricom (NSE:  SCOM) has today launched a new customer reward campaign dubbed Lipa Na M-PESA Cash Back Promotion. The promotion is part of the company’s strategic intent to bolster the usage of the Lipa Na M-PESA for retail purchases. The promotion, which will run for the next two months, will see customers who meet their weekly target receive monetary amounts ranging...
Barclays Bank of Kenya has launched a new mobile loans service dubbed Timiza, increasing the competition in the lucrative micro lending segment. Timiza is entering a crowded field of commercial bank-backed lending apps such as M-Shwari, Equitel, M-Co-op Cash, and KCB M-Pesa. The lender said customers can access micro loans of between Sh100 and Sh150,000 from the platform at interest rates...
Applications Open to Find Africa’s Most Innovative Start-ups Meeting the Greatest Financial Inclusion Challenges   The Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT), in collaboration with the Mastercard Foundation, today announced the launch of the 2018 edition of the Zambezi Prize for Innovation in Financial Inclusion. The prestigious competition, awarding a total of $200,000 in prizes,...
Cross-border retail volumes are predicted to increase at an annual average rate of 25% between 2015 and 2022 Cross border e-commerce continues to provide significant growth opportunities for retailers and manufacturers with an international online product offering. According to a 2017 DHL (www.dpDHL.com) report, cross-border retail volumes are predicted to increase at an annual average rate of 25% between 2015...
  The reviews are expected to be completed by September 2018 WASHINGTON D.C., United States of America, March 15, 2018/ -- On March 12, 2018, the Executive Board of the International Monetary Fund approved Kenyan authorities’ request for a 6-month extension of the country’s Stand-By Arrangement to allow additional time to complete the outstanding reviews. The reviews are expected to be...
 Ogilvy Africa, Africa’s premier integrated communications agency continues to deliver exemplary work, as showcased at the Dubai Lynx International Festival of Creativity 2018. After scooping more than 80 awards in various ceremonies in 2017, the agency continued with the winning streak by scooping two top awards at the festival that is the Middle East and North Africa region's biggest celebration of creative...
Over 1,000 delegates convened in Nairobi for the 2-Day Sankalp Africa Summit aimed at forging alliances for a sustainable and inclusive Africa 2030  The recently concluded 5th Edition of the SANKALP Africa Summit positively engaged over 1,000 different stakeholders from across the Impact Investing Ecosystem, and deliberated on strategies for building partnerships and collaborations to drive the sustainability and inclusion...
 The Guinness Fanzone is back! Kenya’s leading stout beer is bringing Meru football lovers the ultimate viewing experience on Saturday 17th March 2018. This follows a successful Fanzone held in Nairobi on the 16th of December 2017 that gave consumers a chance to interact with the brand and meet the legendary footballer Thierry Henry as they watched a football match between Arsenal...
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