Business Barometer

2 months 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…

BUSINESS·SPONSORED

2 months ago

Capwell adds locally grown rice to its range of products

Capwell Industries Ltd (CIL) will add “Komboka” Rice, a new long-grain aromatic rice variant to its range of consumer products. The rice variety will immediately be available in retail stores and wholesale centers across the country for consumers. CIL Komboka…

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…

4 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…

4 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…

4 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…

4 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…

4 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,…

4 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…

4 months ago

BUSINESS

KCB Group reports a Sh48.5 billion net profit

KCB Group PLC has recorded Sh45.8 billion in profit after tax for the first nine months of the year on the back of sustained revenue growth. This was a 49 per cent growth from Sh30.7 billion posted a similar period…

4 months ago

BUSINESS

KPC Kisumu depot to increase its volume space

Energy Cabinet Secretary (CS) Opiyo Wandayi has said preparations are underway to expand the Kisumu Kenya Pipeline Corporation (KPC) depot to handle higher volumes. This comes after the operationalisation of the Kisumu oil jetty which has increased the demand for…

4 months ago

BUSINESS

Mwendwa ahead of FKF elections as 53 delegates back Petra

In a significant boost for Team Blue, the joint ticket of Doris Petra and Nick Mwendwa has gained momentum ahead of the much-anticipated Football Kenya Federation (FKF) elections, scheduled for December 7. During a retreat in Naivasha, 53 delegates pledged…

4 months ago

Sports

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Business Barometer

Italian wine’s event returns to Nairobi

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

Capwell adds locally grown rice to its range of products

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

KCB Group reports a Sh48.5 billion net profit

KPC Kisumu depot to increase its volume space

Mwendwa ahead of FKF elections as 53 delegates back Petra

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