Business

EABL Records Revenue and Profit Growth in First Half, Demonstrating Resilience and Sustained Performance
On 31st January 2025, East African Breweries Plc (EABL), East Africa's leading total beverage alcohol business, announced its unaudited half-year financial re...

KCB Commits KShs. 209 million to 2025 Safari Rally
KCB Bank has reaffirmed its position as Kenya’s leading sports sponsor by renewing its commitment to the 2025 World Rally Championship (WRC) Safari Rally for th...

CFAO Mobility Kenya acquires TYDIA to become the official distributor of Michelin and BF Goodrich Tyres
CFAO Mobility Kenya has announced the acquisition of Tyre Distribution Africa (TYDIA) to become the official distributor of Michelin and BF Goodrich tyres in Ea...

KCB and Mastercard Unveil Kenya's First Platinum Multi- Currency Card
KCB Bank Kenya, in collaboration with Mastercard, has launched Kenya's only multi-currency prepaid card that supports 11 hard currencies. This innovative soluti...

Kenya Power Prioritizes Inclusion, Awards Ksh. 4.15 Billion in Tenders to Women, Youth, and Persons with Disabilities
Businesses owned by persons with disabilities (PWDs) were among the beneficiaries of the Ksh. 4.15 billion in tenders awarded by Kenya Power and Lighting (KPLC)...

EPRA Hikes Fuel Prices
The Energy and Petroleum Regulatory Authority (EPRA) has declared that, as of January 15, 2025, the prices of kerosene, diesel, and super petrol will increase.T...

KCB and CFAO Mobility Kenya ink deal to offer up to 100% vehicle financing options
KCB and CFAO Mobility Kenya have entered a strategic partnership to provide affordable vehicle financing solutions for individuals and businesses. As a result,...

Safaricom hosts Forums in Greater Western region
Safaricom has organised series of forums in the wider Nyanza and Western regions to celebrate its stakeholders including the business community, its dealers and...

KCB GROUP 2024 Q3 RESULTS ANNOUNCEMENT
KCB Group PLC recorded KShs. 45.8 billion in profit after tax for the first nine months of the year, driven by sustained revenue growth. This was a 49% growth f...

NCBA EXPANDS ITS BRANCH NETWORK TO HOMA BAY COUNTY
NCBA has expanded its footprint in Homa Bay County this sunday with the official launch of its new branch. This investment reinforces the bank’s dedication to s...

Safaricom Sambaza Furaha Spreads Holiday Cheer to Thousands in Rift Region
Christmas delights arrived early for thousands of residents in the Rift Valley, courtesy of Safaricom Sambaza Furaha campaign. The festive caravan tour kicked o...

Safaricom Investment in Technology Pays off
Safaricom (NSE: SCOM) PLC has announced KES 28.1 Billion in net income attributable to equity holders for the six months ended September 30th 2024.The strong pe...

Uber teams up with Safaricom to provide free data for drivers and riders in Kenya
Kenyans will now have free access to the Uber app following a partnership between Uber and Safaricom to provide free mobile data to app users to enable easier d...

How Digichama is Changing The Game
Chamas, also known as micro-savings groups, are a popular financial tool in East Africa, particularly among women. These groups bring together individuals who c...

DTB Opens New Branch in Bondo
On Tuesday, September 10, 2024, Diamond Trust Bank (DTB) unveiled a new branch in Bondo, Siaya County as part of its local expansion drive aimed at expanding bu...

NCBA Partners with SACCOs on Strengthening Cybersecurity Measure
On 9th September 2024, NCBA hosted its Sacco Banking Division customers in a forum aimed at guiding them to strengthen their defences against the escalating wav...

Safaricom Unveils Five More Weekly Winners In The Ongoing Shine Kenya Shinda Mamilii Kama Bingwa Campaign
On 24th July, Safaricom awarded 5 more customers in the ongoing Shine Kenya Shinda Mamilii Kama Bingwa Campaign. The campaign, which began in early May in a bid...

CFAO Mobility Kenya Launches New Generation Land Cruiser Prado
On 18th July this year, CFAO Mobility Kenya unveiled the New Generation Land Cruiser Prado, a vehicle engineered for exceptional off-road performance, reliabili...

Fuel Prices Drop Slightly
Kenyans will pay slightly less at the pump for the next month after the Energy and Petroleum Regulatory Authority (EPRA) announced a decrease in fuel prices sta...

Expect Up To 13.7% Savings On Your Electricity Bill
Kenyans can now breathe a sigh of relief as electricity prices have dropped due to two important changes.First, the cost of fuel used to generate electricity ha...