Kenya’s annual inflation rate increased marginally to 3.0% in December 2024, from 2.8% in November, remaining within the Central Bank of Kenya’s target range of 2.5% to 7.5%. This slight uptick was ...

Absa Bank Kenya has implemented new limits on account-to-mobile wallet transfers. The maximum per-transaction amount has been reduced from KSh500,000 to KSh150,000. Additionally, the daily transaction ...

Allianz Europe BV, a subsidiary of the Allianz Group, a global leader in insurance and asset management, has announced its intention to increase its indirect shareholding in Sanlam Kenya Plc from ...

For business owners and individuals, January can often present financial challenges after the festive season. Restocking your business, paying school fees, or managing daily expenses can strain your ...

Standard Chartered PLC plans to divest its wealth and retail banking operations in Botswana, Uganda, and Zambia. This strategic move aligns with the bank’s broader strategy to focus on its core ...

The MultiChoice Talent Factory (MTF) Eastern Africa Academy celebrated the graduation of its 2024 cohort, comprising 20 talented young filmmakers from across the East African region. This year’s ...

Zoom, the company synonymous with video conferencing, is now known as Zoom Communications Inc., embracing an AI-first approach to revolutionise workplace collaboration and productivity. Zoom CEO and ...

HF Group Plc, a leading Kenyan financial solutions provider, concluded its rights issue, surpassing its target by attracting KES 6.38 billion in applications against the targeted KES 4.6 billion. This ...

Ride-hailing platform Uber says it generated Ksh. 167 million into Kenya’s nighttime economy in 2023, according to its inaugural Economic Impact Report. The report, compiled by Public First, delves ...

Shell is starting arbitration hearings over the supply of liquefied natural gas from Venture Global’s Calcasieu Pass facility, Shell CEO Wael Sawan said, according to a Reuters report. It is further ...

Ethiopian lawmakers have passed legislation allowing foreign banks to operate within the country, a crucial step in the government’s efforts to attract foreign investment. Ethiopia, home to over 120 ...

The Communications Authority (CA) proposes new regulations for internet cafes in Kenya. Currently, these establishments are licensed under the category of Public Communication Access Centers (PCACs), ...