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 billion the government recently paid out to make the roll-out of the Universal Health Coverage […]
Continue Reading
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 an uphill task. It was upsetting that the investment banking professional could not get her […]
Continue Reading
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 development finance. Led by the Bank’s Managing Director Patricia Ojangole, the Climate Finance Breakfast Roundtable […]
Continue Reading
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 Coast, the restaurant offers guests an immersive experience, blending the flavours of Turkey with Kenya’s […]
Continue Reading
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 four points behind Zimbabwe in third place in Group J, making it hard for the […]
Continue Reading
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 the region with other engagements held to empower Small and Media Enterprises (SMEs) in Kitale, […]
Continue Reading
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, timely case handling, and educational campaigns to promote in-app safety features. “Safety is a priority, […]
Continue Reading
President William Ruto has nominated Gerald Nyaoma Arita as the second Deputy Governor of the Central Bank of Kenya (CBK) to succeed Sheila M’mbijjewe, who retired in June. Mr Nyaoma is currently the Director of the Bank Supervision Department at CBK, with 36 years of professional experience to the role, having held multiple positions within […]
Continue Reading
United States (US) Ambassador to Kenya, Meg Whitman, resigned on Wednesday, November 13, just days after Donald Trump win. Ms Whitman, who was born in New York in 1956 and has served in the envoy role since 2022, has quit amid pressure – she has been criticised over a wide range of issues, including abductions […]
Continue Reading
Absa Bank Kenya has awarded the first winner in the Change Your Story card campaign that kicked off in mid-September and is set to end on 31st December 2024. The campaign aims to inspire consumers to embrace digital channels and card payments, aligning with Absa’s broader commitment to advancing financial inclusion and enhancing customer convenience. By […]
Continue Reading
