News
Schneider Electric Kenya Boosts Technical Training With Key TVET Equipment Donation
Staff Writer -0
Schneider Electric, a global leader in the digital transformation of energy management and automation, has enhanced its pledge to support technical education in Kenya by substantially donating components and products to Technical and Vocational Education and Training (TVET) institutions nationwide.
The donations were officially handed over during a ceremony at Schneider Electric’s Nairobi offices...
Kenya Airways Cargo (KQ Cargo) has been named Highly Acclaimed African Air Cargo Airline of the Year at the Air Cargo Africa Conference 2025, reaffirming its leadership and commitment to excellence in cargo operations.
The prestigious award, determined through an extensive online voting process by readers of STAT Trade Times, a leading aviation and...
Diamond Trust Bank (DTB) has forecast an increase in lending to individuals and small businesses as Kenya’s economy stabilises and growth picks speed after the difficult times encountered last year. DTB Kenya Chief Executive Officer Murali Natarajan said the banking sector’s credit is also likely to double in the next decade from $32 billion if the current...
After reducing lending interest rates by 0.75% in the 4th quarter of 2024, I&M Bank has again reduced its Kenya Shillings lending interest rates further by 2.00% effective 01/03/2025. This reduction is subject to the applicable customer risk profile. This brings the total reduction in lending interest rates to 2.75% in recent months.This is in response to...
Mount Kenya University (MKU) is the first institution to be accredited to train Health Records professionals in the country after fulfilling all the requirements set by the Ministry of Health.
The Director, Health Information Systems at the ministry, Mr. Gilbert Nzomo says the training of Health Records officers has...
Executive Corner
Britam General Insurance Pays KES 71 million Fire Claim to Limuru Country Club
Staff Writer -
Britam General Insurance has settled a KES 71,143,016 compensation claim for Limuru Country Club following the fire that razed its clubhouse on January 4, 2025.
The fire, which was suspected to have originated from embers escaping the fireplace in the main bar area, caused extensive damage to the clubhouse, which was insured under Britam’s...
Feature
XTransfer and Ecobank Group Partner to Empower African Small and Medium-sized Enterprises’ (SMEs) Foreign Trade
Staff Writer -
XTransfer will leverage Ecobank’s extensive network across Africa, enabling its Chinese clients to collect funds in local African currencies while assisting African SMEs in making payments in their local currencies to negate foreign exchange issues XTransfer, the world-leading and China's No.1 B2B Cross-Border Trade Payment Platform, and Ecobank Group (www.Ecobank.com), the leading private pan-African financial services group with unrivalled African...
News
Trump’s Aid Review is a Win for Africa – Nations Must Reject Aid and Handouts that Undermine African Oil & Gas
Staff Writer -
By NJ Ayuk, Executive Chairman, African Energy Chamber (wwwEnergyChamber.org).
After President Trump announced a 90-day overseas spending freeze, Secretary of State Marco Rubio said "every dollar" must be "justified" by evidence that it makes the US safer, stronger and more prosperous.
I acknowledge that stance may sound ungrateful. At first blush,...
Farming
Kenyan fresh produce exporters assure European buyers as logistical challenges persist
Staff Writer -
Kakuzi MD Chris Flowers assures international buyers that local stakeholders are working in concert to manage the prevailing logistical disruptions arising from geopolitical tensions
A Kenyan business leader in the fresh produce sector has assured global buyers that the country is working hard to overcome the unique logistical and shipping challenges brought about by...
The government is thinking of listing Kenya Pipeline Company at the Nairobi Stock Exchange through Initial Public Offer, a move that will see the Nairobi bourse end a decade long listing drought.
The National Treasury cabinet secretary John Mbadi revealed this on Thursday after receiving an interim dividend cheque of Sh3 billion from KPC...