BUSINESS - Page 2

SPONSORED

3 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

4 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…

BUSINESS

3 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…

XRP Healthcare acquires Uganda’s Pharma Ville pharmacy chain

XRP Healthcare, a pioneering force in healthcare innovation, has acquired Pharma Ville, a retail and wholesale pharmacy chain in Uganda. The acquisition will enable XRP to implement strategies that will ensure it remains relevant to dynamic needs of the African…

2 months ago

BUSINESS·Science

Women in Tech launches Kenya Chapter to drive change in the industry

Women in Tech, a global community dedicated to supporting women in the technology sector, has officially launched its Kenya Chapter in Nairobi. This move is attributed to the 2025 Women in Tech Summit, organised in partnership with Absa. The Summit,…

2 months ago

BUSINESS

KenGen shareholders get Sh4.3b in dividends as State takes Sh3b

Electricity generator, Kenya Electricity Generating Company PLC (KenGen) has issued a dividend payout of Sh.4.3 billion to its shareholders, with Government, as the firm’s majority shareholder, getting Sh3 billion. This, therefore, marks a 117 per cent per-share increase over the…

2 months ago

BUSINESS

IHS Kenya, KCB partner to accelerate development of affordable houses

A developer of green affordable housing across Africa, International Housing Solutions (IHS) Kenya, and KCB Bank Kenya, have entered into a strategic partnership to accelerate the development of green affordable homes in Kenya. According to IHS Kenya managing director Kioi…

2 months ago

BUSINESS

APA Insurance feted as company of the year

APA Insurance, which is part of the Apollo Group, has been recognised as “Company of the Year – General Insurance” at the 2024 Association of Kenya Insurers (AKI) Awards, cementing its position as a leader in the Kenyan insurance sector.…

2 months ago

BUSINESS

Reckitt, Naivas to jointly enhance access to hygiene and health products

Manufacturer of hygiene, health and nutrition products, Reckitt, has partnered with Naivas Retail Ltd to increase nationwide access to essential hygiene and health products. This makes Naivas Reckitt’s first Direct to Account (DTA) retail partner, streamlining demand forecasting and ensuring…

2 months ago

BUSINESS

Absa relocates branch to widen presence in Gilgil and environs

Absa Bank Kenya has relocated its Gilgil branch to a larger and more strategically positioned location to enhance customer experience and expand access to financial services. This is part of the Bank’s broad-based strategy to drive financial inclusion, support economic growth,…

2 months ago

BUSINESS

Zuri Awards seeks to celebrate women’s leadership, advance gender balance

Honoring the exceptional achievements of women across diverse sectors in Kenya during the celebration of International Women’s Day 2025 is the best bet, the organizers of Zuri Foundation have said. The Foundation’s co-founder, Muthoni Mumo, said during the official announcement of…

2 months ago

BUSINESS

Family Bank moves its Kisii branch to Zonic Hotel

Family Bank has relocated its branch to Zonic Hotel along Hospital Road, a more accessible and convenient location, to improve customer experience and operational efficiency. The new location complements the lender’s continuous plan to increase its branch network and is more spacious, secure, and…

2 months ago

BUSINESS

When Citigroup credited a customer’s account with $81trn

Citigroup accidentally credited $81 trillion to a customer’s account last year and took hours to reverse the transaction, according to The Financial Times. The bank was supposed to credit just $280. The error, which took place last April, was missed…

2 months ago

BUSINESS

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BUSINESS - Page 2

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

Capwell adds locally grown rice to its range of products

Italian wine’s event returns to Nairobi

XRP Healthcare acquires Uganda’s Pharma Ville pharmacy chain

Women in Tech launches Kenya Chapter to drive change in the industry

KenGen shareholders get Sh4.3b in dividends as State takes Sh3b

IHS Kenya, KCB partner to accelerate development of affordable houses

APA Insurance feted as company of the year

Reckitt, Naivas to jointly enhance access to hygiene and health products

Absa relocates branch to widen presence in Gilgil and environs

Zuri Awards seeks to celebrate women’s leadership, advance gender balance

Family Bank moves its Kisii branch to Zonic Hotel

When Citigroup credited a customer’s account with $81trn

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Barometer Correspondent