Somalia has renewed its bid to join the East African Community (EAC) trade bloc, after the country’s newly elected President Hassan Sheikh Mohamud arrived in Arusha to attend the ongoing 22nd …
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Kenya has had increasing cases of counterfeit electrical products which have continued to pose significant risks to consumers. The Anti-Counterfeit Authority (ACA) in July 2021 confiscated suspected counterfeit electronic products …
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AirtelEastern AfricaEconomyTelecommunicationsUncategorized
Airtel Money To Operate As A Separate Entity From Parent Telco
Airtel Money will now be operated as a separate entity from Airtel Networks Kenya Limited, the telecommunication firm has said. Following the business separation, Airtel Money Kenya Limited will take …
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Twitter was in a bid to fast-track its lawsuit against Tesla CEO Elon Musk over his buyout of the social media platform Twitter at a $44 billion deal. Kathaleen St. …
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BusinessEconomyManufacturing & Consumer GoodsUncategorized
Italian Firm Eni Commences Production Of First Kenyan Vegetable Oil
Italian multinational oil and gas company, Eni has commenced production of the first Kenyan vegetable oil for bio-refineries at its oilseed collection and pressing plant in Makueni. The agrihub will …
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Property Regulator Authority reports suspended CEO to authorities over pension fund fraud
The board of the Property Practitioners Regulatory Authority (PPRA) has reported its suspended CEO Mamodupi Mohlala to law enforcement authorities over alleged maladministration, fraud and misappropriation of pension funds. This follows …
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Banking, Finance & InvestmentEastern AfricaEconomyINVESTMENTSanlamUncategorized
Sanlam Banks On Flexible Savings Solution To Enhance Insurance Penetration
Local non-bank financial services provider Sanlam Kenya has launched Flexi Hela, an innovative, flexible savings solution with a guaranteed return. The life savings product to be administered by Sanlam Life …
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Fuel has become a precious commodity, and unscrupulous characters will seemingly leave no stone unturned to steal someone else’s petrol, says Wahl Bartmann, the chief executive officer of the Fidelity …
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Nigeria to receive 1.29 billion euros as support from the European Union (EU) to economy.
Nigeria will receive 1.29 billion euros ($1.3 billion) as support from the European Union (EU) to help diversify its economy away from oil. According to Reuters, a document from the EU on …
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AgricultureBusinessINVESTMENTUncategorized
Kenya Surpasses South Africa As Continent’s Top Avocado Exporter
Kenya has overtaken South Africa to become Africa’s top exporter of avocados. In Central Kenya, where the majority of the country’s small-scale avocado farmers are found, coffee bushes are fast …