Business Barometer

1 month ago

Italian wine’s event returns to Nairobi

The second edition of the Gambero Rosso Top Italian Wine Roadshow in Nairobi concluded on Thursday, January 30, at the Shamba Village in Loresho. Organized by International Wine Consultants, VinPodium, and local business partner, Victoria Mulu-Munywoki, Wine Consultant, Judge and…

BUSINESS·SPONSORED

2 months ago

Absa, International Trade Centre to give women entrepreneurs access to financing

In the framework of the SheTrades Commonwealth+ Programme, which is funded by United Kingdom (UK) International Development, the International Trade Centre is collaborating with Absa Bank Kenya, the host institution of the SheTrades Kenya Hub, to launch the Access to…

NEWS

2 months ago

CMC Motors shuts down operations in Kenya, Tanzania and Uganda

CMC Motors Group is shutting down its operations in Kenya, Tanzania, and Uganda, ending its four decades of business in the region thanks to sharp economic pressures. The company, acquired by Dubai-based Al-Futtaim Group in 2014, attributes the decision to…

Kisumu to host continental investment conference

Kisumu City will host the 4th Sub-Sovereign Governments Network (AfSNET) Investment Conference from November 25 to 27, according to a statement issued by Africa Export-Import Bank (Afreximbank). The Bank said Tuesday, November 19, the conference aims to serve as a platform…

4 months ago

NEWS

What next for the lung cancer treatment?

AstraZeneca, in cooperation with the Moi Teaching and Referral Hospital (MTRH), has introduced a molecular testing platform to enhance lung cancer diagnostics to help lower cost of cancer treatment. The agreement, under AstraZeneca’s Cancer Care Africa (CCA) initiative, will strengthen…

4 months ago

NEWS

Equity Bank lowers its lending rate to promote economic growth

Equity Bank Kenya in a push to further financial inclusion and economic growth, has revised its interest rates from 17.83 per cent to 17.39 per cent thanks to the recent move by the Central Bank of Kenya (CBK) to cut the…

4 months ago

BUSINESS

Government to release Sh2.5b to clear NHIF debts

The government will release an additional Sh2.5 billion next week to pay for debts owed to hospitals and service providers by the defunct National Hospital Insurance Fund (NHIF), President William Ruto has said. This is on top of the Sh5…

4 months ago

Politics

A banker’s search for natural beauty products that has borne fruit

Fransisca Ochieng’ moved from the United States to Kenya in 2014 to work for a financial services firm which doubles as an audit company. Little did she know that getting “natural” quality skin care products locally was going to be…

4 months ago

ENTERPRISE

COP29: Uganda Development Bank hosts ‘high-level meeting’ on climate finance

The Uganda Development Bank (UDB) has convened a high-level meeting with key stakeholders on the sidelines of the 29th Conference of the Parties (COP 29) to foster partnerships aimed at mitigating climate change in Africa and integrating climate considerations into…

4 months ago

BUSINESS

PrideInn bets on Turkish-themed restaurant as holiday season arrives

PrideInn Flamingo Beach Resort and Spa has opened the Istanbul Beach Cave Restaurant to not only provide a unique dining experience but also bring authentic Turkish cuisine to Kenya’s coastal region. Housed in a natural coral cave along Mombasa’s North…

4 months ago

ENTERPRISE

Kenya loses to Zimbabwe in the Afcon 2025 qualifying match

Kenya won’t play in next year’s Africa Cup of Nations (AFCON) to be hosted by Morocco from December 2025 to mid-January 2026 after a 1-1 draw against Zimbabwe in Polokwane on Friday, November 15. The qualifying match left Harambee Stars…

4 months ago

Sports

Lessons from business forum to empower SMEs in Rift Valley

Entrepreneurs, industry experts, business owners and key stakeholders in Eldoret have received a major boost after Absa Bank Kenya hosted them for a business club forum aimed at building resilience in uncertain times. The forum concluded the week’s activities across…

4 months ago

BUSINESS

Bolt commits up to Sh14b for safety improvement

Ride-hailing company, Bolt, will spend Sh14 billion over the next three years to improve platform safety and increase awareness of its safety features. Bolt’s General Manager, Linda Ndungu, said the funds will support 500 specialists focused on proactive safety measures,…

4 months ago

NEWS

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Business Barometer

Italian wine’s event returns to Nairobi

Absa, International Trade Centre to give women entrepreneurs access to financing

CMC Motors shuts down operations in Kenya, Tanzania and Uganda

Kisumu to host continental investment conference

What next for the lung cancer treatment?

Equity Bank lowers its lending rate to promote economic growth

A banker’s search for natural beauty products that has borne fruit

COP29: Uganda Development Bank hosts ‘high-level meeting’ on climate finance

PrideInn bets on Turkish-themed restaurant as holiday season arrives

Kenya loses to Zimbabwe in the Afcon 2025 qualifying match

Lessons from business forum to empower SMEs in Rift Valley

Bolt commits up to Sh14b for safety improvement

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