If there is someone who epitomises sharpness, it is Dennis Makori. At a time when most campus students were praying for employment, Makori decided to focus on innovation. He is glad he did. Now he is reaping the fruits in a kingdom where value-added services on mobile phones are turning in a pretty penny. Mr. […]
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Japanese automakers Honda and Nissan have announced plans to establish a cooperative partnership to become the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday, December 23, and that smaller Nissan alliance member Mitsubishi […]
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The concept of merry-go-round, which is about groups whose members make regular financial contributions and alternately receive the entire sum, is a massive success story in Kenya. The only challenge, though, is that the informal nature in which they operate make it difficult for policy makers to evaluate exactly how valuable they are. They are, […]
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Ride-hailing platform, Bolt, has issued a strong reminder to riders and drivers to refrain from engaging in offline trips. This caution is part of the firm’s ongoing commitment to ensuring the safety of passengers and drivers on its platform. Rides arranged outside the Bolt app pose significant safety risks for both drivers and riders, as […]
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Absa Bank Kenya has moved its Migori branch to a more central location convenient to customers in the town as strategy to be front facing to the customer and to increase its physical footprint. The lender is also giving the branch a major facelift into a pristine, modern and convenient space as part of the strategy […]
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The festive season is here, bringing with it a wave of joy, togetherness, and excitement. Whether you are decorating your home, planning family gatherings, or organizing office parties, there is no denying the special energy in the air. Some of it is about the cheer and celebration, and there is also an increased need to […]
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A hospitality management company in the Middle East and Africa, Aleph Hospitality, has added four new hotels in Ethiopia, further solidifying its market leadership in the region. In 2024 alone, Aleph added 13 new hotels to its portfolio and now boasts an active pipeline of over 30 hotels across the Middle East and Africa. A […]
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Listed non-bank financial services firm, Sanlam Kenya Plc, is set to improve its financial position after shareholders approved the Sanlam Kenya Rights Issue through which it seeks to raise a Sh3.25 billion. The company’s shareholders attending an Extra-Ordinary General Meeting (EGM) approved the Board of Directors’ request to recapitalise the leading general and life insurance […]
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A mobility platform, Bolt, has launched “Bolt Market” to meet grocery delivery demand while making everyday shopping more convenient. The company says the move is part of its strategy to expand services, grow its market share, and establish itself as a trusted platform for convenience. Bolt Market will operate within a 10 km radius from […]
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Kenya Revenue Authority (KRA) has hit the one trillion mark after collecting Sh1.005 trillion as of November 30, 2024, reflecting an upward trajectory in revenue collection, compared to previous financial year (2023/2024), when the agency achieved the same milestone on December 7, 2023 with Sh1.009 trillion. Notably, revenue collected in the last five months (July – November 2024/25) […]
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