The World Rally Championship (WRC) Safari Rally is a prestigious global motorsport event that not only puts Kenya on the international rallying map but also serves as a significant driver of local and international tourism. As the 2025 edition unfolds, Finsco Africa proudly stands at the forefront, sponsoring two rally cars and reinforcing its commitment to both...
Adverse weather conditions and foreign currency fluctuations, coupled with Geopolitical tensions in the Middle East, occasioned a difficult trading environment for listed superfoods producer Kakuzi Plc (NSE: KUKZ) last year, leading to a pre-tax loss of Ksh 167 million, the firm has announced.
In its 2024 financial-year trading results released today, the Kakuzi Board has recommended...
AIG Kenya has rebranded to NCBA Insurance Company after it was acquired by NCBA Group last year.
The insurer now joins six other subsidiaries under the Group’s umbrella.
“NCBA-IG will now become more competitive with amplified positioning in the market and inspire growth as a trusted insurance solutions partner to deliver...
Kenyans are borrowing Sh500 million daily from digital lenders such as Tala and M-Kopa, among others, a new report shows, highlighting the crucial role online lenders play in the country.
With over 8 million Kenyans, or about 16 percent of the population, actively borrowing each month, this translates to Sh15 billion borrowed monthly, as...
NCBA Group mobile loans grew by 23 percent to Kes1 trillion in the 2024 fiscal year compared to a similar period in 2023, boosted by a financial inclusion campaign that reached over 60 million users.
An increase in digital loans contributed to the Group’s profit after tax growth, which ballooned by 2 percent to...
Standard Chartered Bank profit after tax expanded by Sh6.23 billion to Sh20 billion last year on the back of improved incomes from interest and non-interest segments.
During a similar period in 2023, the lender recorded a Sh13.8 billion net profit.
For instance, the bank’s net interest income increased by 13 percent...
Telecommunication service provider Safaricom yesterday launched Ziidi, a wealth management product that is set to disrupt the country’s retail investment sector.
Speaking yesterday during an occasion to celebrate 18 years of M-PESA, Safaricom CEO Peter Ndegwa said the firm will continue investing in the platform to provide a one-stop-shop for subscribers’ financial needs.
BuuPass, Kenya's leading digital travel platform, has partnered with Team SWAT Logistics and Management Ltd, a key bus operator serving Western Kenya.
BuuPass, previously known as Magic Bus Ticketing, is a centralized digital marketplace which enables travelers to book and pay for their intercity bus tickets from the comfort of their homes; enabling cashless...
AGRA has welcomed its new president, Alice Ruhweza.
Ruhweza succeeds Dr Agnes Kalibata, who has successfully led AGRA through two transformative terms.
AGRA is a nonprofit organization that aims to transform agriculture in Africa and improve food security and nutrition.
In a statement released on Tuesday, AGRA said Ruhweza...
Airtel Kenya has unveiled its new Smarta Bundles, a comprehensive offering designed to simplify the lives of its customers by combining communication and mobile money services into a single, value-packed package.
This initiative aims to provide a smarter way for users to stay connected and manage their financial transactions seamlessly. The Smarta Bundles come with increased allocations for...
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