The Kenya Association of Manufacturers KAM Board has appointed Mr Tobias Alando as the Acting Chief Executive Officer from 1st July 2022 following Ms Phyllis Wakiaga’s exit on 30th June 2022. Tobias joined the Kenya …
CEO
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M-Pesa virtual Visa card is undercutting Kenya’s commercial banks with lower foreign exchange rates in the race to get a larger share of the country’s cross-border payments market. The virtual …
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BusinessEnergyOil & Gas
Cleaning up with tech: SHIP Copper plans to redefine mining into the next century.
Chief executive Shirley Hayes of Northern Cape mining and exploration business SHIP Copper said that technology and innovation holds the potential to clean up mining’s dirty reputation. And the company …
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Eastern AfricaEconomyReal Estate
Supermarket Expansion Named As A Key Driver Of Property Market In Kenya
Increased expansion of supermarkets is a key driver of the growth of retail outlets and subsequently, the property market in Kenya, Knight Frank report has said highlighting store expansion activity …
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Kenyans running online businesses and the increasingly ubiquitous payment portals, are the latest target for cybercriminals. This revelation emerged during the inaugural Africa Cybersecurity Congress held in Nairobi, a development …
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Tesla’s CEO Elon Musk motioned the possibility of bankruptcy because Tesla faces billions of dollars in losses from its new plants, supply chain problems and Covid lockdowns. “The past two years have …
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BusinessEconomyEntrepreneurshipFood Production
Frenchman shuts startup Kune after failing to raise Sh30m for operations
Kune, a Kenyan food start-up founded by Frenchman Robin Reecht in 2020, has closed its doors after failing to raise Sh30 million from a French investor for operations amid rising …
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BusinessINVESTMENTReal EstateSecurity
Businesses Urged To Explore Raising Funds In The Capital Markets
Kenyan businesses have been urged to explore capital raising options in the capital markets to reduce in reliance on credit to fund their growth and expansion. This was during the …
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Following an Equality Court ruling, Nedbank has said it will continue to offer banking services to businessman Iqbal Survé’s Sekunjalo Group Last week the court granted Survé, Sekunjalo and its subsidiaries …
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Global NewsSpotlightTechnologyTrending Today
SpaceX fires employees over open critical letter of Elon Musk.
SpaceX has fired “a number of employees” responsible for an open letter critical of the behavior of Chief Executive Officer Elon Musk, according to an internal memo, an unusual clash …