Business Barometer

2 weeks 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…

OPINION·TECH

1 week ago

Will Artificial Intelligence Replace Teachers in the Future?

As artificial intelligence (AI) continues to advance, one of the most debated topics in the realm of education is whether AI will replace teachers in the future. With the rapid development of technologies such as machine learning, natural language processing,…

NEWS

3 weeks 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…

Carrefour opens business school in Kenya

Majid Al Futtaim, the operator of Carrefour in Kenya, has taken a deliberate step to nurture the next generation of retailers by opening its first business school in Nairobi. Located at Two Rivers Mall, this initiative is set to upskill…

2 months ago

BUSINESS

Premier Bank, Mastercard jointly launch Shari’ah compliant solutions

Premier Bank has partnered with Mastercard to introduce a collection of Shari’ah-compliant debit, credit, and prepaid cards. The fresh Premier and Mastercard suite will offer features including contactless payments and global acceptance, while also ensuring that all customers can access…

2 months ago

BUSINESS

Minor to Debut in Zimbabwe, Launches Anantara Stanley & Livingstone Victoria Falls Hotel

Minor Hotels, an international hotel owner, operator and investor with more than 550 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas, has added Anantara Stanley and Livingstone Victoria Falls Hotel…

2 months ago

BUSINESS

Leicester sign van Nistelrooy as manager

Leicester City hired Ruud van Nistelrooy as their manager on Friday following his impressive spell as interim coach at former club Manchester United, which included two wins over his new team. The 48-year-old van Nistelrooy joined on a deal until…

2 months ago

Sports

Nairobi Expressway records Sh1.2bn loss

The Nairobi Expressway has posted a loss of Sh1.2 billion between July 2023 and June 30, 2024, despite an increase in traffic and higher toll fees. Latest data from the Treasury shows the expressway generated revenue valued at Sh4.6 billion…

2 months ago

BUSINESS

We are using tech and innovation to create jobs – President Ruto

The government is using technology and innovation to create jobs and tackle the unemployment challenge in the country, President William Ruto has said. He said not only will innovation scale up investments, but also position Kenya as a global innovation…

2 months ago

TECH

Will Bolt Food’s early cashout feature empower courier partners?

Bolt Food has unveiled “Early Cashout”, which allows courier partners to receive their earnings before the regular payout cycle. The new feature would allow partners to access their earnings in up to two businesses, effectively helping them to gain even…

2 months ago

Asset firm secures CMA License for REIT Management in Kenya

Future Construkt Investment Managers Ltd, subsidiary of a Mauritius-based asset management firm, Future Construkt Africa LLC, has been granted the Real Estate Investment Trust (REIT) Manager License by the Capital Markets Authority (CMA) of Kenya to mobilize institutional capital and…

2 months ago

BUSINESS

CBK rolls out new notes

The Central Bank of Kenya has released newly designed currency notes, which include denominations of Sh50, Sh100, Sh200, Sh500, and Sh1,000, as part of an effort to update the country’s bank notes. In a statement issued on Wednesday, November 20,…

2 months ago

Airtel expands agent network, inks deal with Naivas Supermarket

Airtel Money Kenya has signed a partnership with Naivas Supermarket that will allow Airtel Money customers to deposit and withdraw cash across Naivas branches countrywide. The deal is part of Airtel Money’s proactive strategy to expand its agent footprint and…

2 months ago

BUSINESS

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Business Barometer

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

Will Artificial Intelligence Replace Teachers in the Future?

CMC Motors shuts down operations in Kenya, Tanzania and Uganda

Carrefour opens business school in Kenya

Premier Bank, Mastercard jointly launch Shari’ah compliant solutions

Minor to Debut in Zimbabwe, Launches Anantara Stanley & Livingstone Victoria Falls Hotel

Leicester sign van Nistelrooy as manager

Nairobi Expressway records Sh1.2bn loss

We are using tech and innovation to create jobs – President Ruto

Will Bolt Food’s early cashout feature empower courier partners?

Asset firm secures CMA License for REIT Management in Kenya

CBK rolls out new notes

Airtel expands agent network, inks deal with Naivas Supermarket

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