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…

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…

3 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…

3 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…

3 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…

3 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…

3 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,…

3 months ago

NEWS

President Ruto nominates insider as new CBK deputy governor

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…

3 months ago

NEWS

US Ambassador Meg Whitman resigns

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…

3 months ago

NEWS

Absa awards first millionaire in its ‘Change Your Story’ campaign

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…

3 months ago

BUSINESS

Absa empowers 200 business leaders in Western region

A total of 200 business leaders in Kisumu were hosted on Monday, November 11, by Absa Bank Kenya for a Business Club Forum as part of the lender’s Western Kenya Caravan that will significantly impact Small and Media Enterprises (SMEs)…

3 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

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

President Ruto nominates insider as new CBK deputy governor

US Ambassador Meg Whitman resigns

Absa awards first millionaire in its ‘Change Your Story’ campaign

Absa empowers 200 business leaders in Western region

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