Customers will be able to buy goods from as low as Sh100 during this year’s Jumia Black Friday. Some of the products include a 14-seater matatu, fridges, TVs, Unga, Cooking …
kenya
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BusinessEconomyKenya News
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BusinessEastern AfricaINVESTMENTReal Estate
VAAL Real Estate Unveils it’s 5th Housing Project In Nairobi
Pan-African real estate firm VAAL Real Estate has unveiled its 5th development project targeting home-owners as well as businesses in Nairobi. The Symphony Residence will be located at Lavington, consisting of …
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Kenya Revenue Authority (KRA) employees face sacking and possible prosecution in a fresh corruption fight at the Times Tower aimed at rooting out rogue officials for defrauding the exchequer hundreds …
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Huawei has doubled uptake of 5G network as demand rises among local telcos. Huawei says 12-telecom operators in 10-markets have adopted the technology over the last 3-years. Demand for fifth …
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BusinessEconomyKenyan NewsUncategorized
Kenyans Above 18-Years To Be Taxed says President William Ruto
The Government is seeking to expand tax collection by taxing every Kenyan with an ID card. President William Ruto said every Kenyan above 18-years should be issued with the Kenya …
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Banking, Finance & InvestmentBusinessEconomyEntrepreneurshipKenya NewsUncategorized
KCB Bank has set aside Sh250bn to Fund Women Entrepreneurs in the Country
KCB Bank Kenya has unveiled a Sh250 billion fund for women entrepreneurs in the country in line with its role of spurring economic growth in the country. The fund which …
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AgricultureBusinessEconomyFinance & ServicesKenya News
ResponsAbility Investments AG Signs Sh606.6 Million with AGF to insure loan to Small Businesses
Impact investor responsAbility Investments AG has signed a deal worth Sh606.6 million ($5 million) with African Guarantee Fund (AGF) to insure loans issued to small businesses. The facility will increase …
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BusinessEconomyKenya NewsSafaricomTechnology
Safaricom Rolls Out Commercial 5G Networks In five Counties to access internet speeds
Safaricom has rolled out 5G networks in five counties, enabling customers to access faster internet speeds. The telco has unveiled the networks in Nairobi, Mombasa, Kisii, Kakamega, and Kisumu. Faster …
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BusinessEconomyKenya News
South African Retailers Massmart to shut down it’s Game Stores in Kenya by December
South-African retailer Massmart that runs Games Stores will close its Kenyan stores on or about December 25, rendering hundreds jobless. In a letter notice to the Kenya Union of Commercial …
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AFRICA NEWSBanking, Finance & InvestmentFinance & ServicesTechnology
Fintech emerging as Africa’s most vibrant sector
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, this is according to study by Mastercard on the …