Kenya is among seven markets in Africa targeted for cross-border securities trading. This is on an e-platform (The AELP Trading Link) under the African Exchanges Linkage Project (AELP). It enables …
Kenya News
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Freedom for ex-MD of Kenya Pipeline Company acquitted of corruption charges
by Editorby EditorAfter being forced out of office in December 2018 following corruption allegations, former Kenya Pipeline Company (KPC) managing director Joe Sang says he had to find something productive to do …
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Twitter Founder Jack Dorsey In Kenya, Invests Sh245mn
by Editorby EditorDorsey, who was among the founders of the social media platform before it was sold to billionaire Elon Musk, surprised staff at Crazy Grill in Parklands when he popped in …
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Bitcoin mining project in Kenya helps power rural community
by Editorby EditorGridless Compute, a hydro-powered Bitcoin mining initiative, tweeted that the project has successfully powered a rural community and lowered its existing energy rates. A hydro-powered crypto mining project based in …
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Thousands of Somalis cross over to Kenya fleeing drought, insecurity
by Editorby EditorAs drought grips the Horn of Africa region, tens of thousands of Somalis are crossing over into Kenya in search of water and food for their families. According to the …
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BusinessEconomyKenya NewsTechnologyTransportation & Logisitics
CFAO Motors Kenya Opens central parts outlet for it’s Winpart division
Motor vehicle distributor, CFAO Motors Kenya has opened a central parts outlet for its Winpart division, as it seeks to expand product offering and services by distributing original vehicle maintenance …
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Naivas Supermarket will open three new branches before Christmas, pushing its total stores to 91 countrywide. The retailers will open Naivas Foodmarket Ojijo in Parklands (tomorrow), Naivas Nairobi West (December …
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BusinessEconomyKenya News
CBK Reintroduces Charges On Transfers Between Mobile Money Wallets And Banks
The Central Bank of Kenya (CBK) has announced the reintroduction of charges for transactions between mobile money wallets and bank accounts from January 2023. The charges had been waived since …
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AgricultureBusinessEconomyFood ProductionKenya NewsUncategorized
Former Jumia Executives launches a New E-Commerce Platform
Former Jumia Kenya figureheads have formally launched a new e-commerce platform dubbed, Kapu, that will help consumers cut spend on their everyday groceries. Kapu’s model is designed to allow customers …
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Banking, Finance & InvestmentBusinessEconomyKenya News
CAK Orders Family Bank To Pay Former Employee Sh1.4mn For Consumer Rights Violations
The Competition Authority of Kenya (CAK) has ordered Family Bank to pay its former employee Sh1.4 million for consumer rights violations. CAK accuses the lender for failing to offer the …