M-Pesa tops brands loved by women, survey shows

Nairobi, March 20 -- M-Pesa, Safaricom and Equity Bank are the top three most loved brands by women in Kenya in 2024, according to a new report released by communication consultancy firm BSD Group and... Read More

Shareholders approve Longhorn's digital subsidiary

Nairobi, March 19 -- Shareholders of Longhorn Publishers Plc have approved the registration and set up of Longhorn Digital Ventures Studio Kenya Ltd; a subsidiary through which it plans to expand its ... Read More

Kenya improves four points to 90 in global hunger ranking

Nairobi, March 13 -- Kenya's hunger ranking has improved to stand at 90 in the 2023 Global Hunger Index (GHI), dropping from 94 in the prior year. However, the report still describes the country's hu... Read More

CEOs in Kenya bank on strong regional trade to raise profits

Nairobi, March 10 -- The majority of Chief Executive Officers (CEOs) in Kenya view Tanzania and Uganda as key East African countries in which to grow their revenue, as they seek to make new acquisitio... Read More

Where Gen Zs are investing their money

Nairobi, March 7 -- Gen Zs are bucking the stereotype of footloose youth partying and recklessly spending to prove themselves a generation of astute investors boldly venturing into new territories. Th... Read More

I&M opens three more branches in local expansion strategy

Nairobi, March 4 -- I&M Bank has opened three new branches in Diani, Watamu and Kilifi, expanding its presence in the coastal region and raising its outlets in the country to 50. The lender plans to ... Read More

Kenyan chief executives less optimistic about 2024 growth

Nairobi, March 4 -- Kenyan Chief Executive Officers (CEO) are less optimistic about the growth outlook for 2024, a new report shows. The PwC East Africa CEO survey, which sampled views from 231 execu... Read More

IFC to offer climate risk advisory services to banks in Sh219m deal

Nairobi, March 4 -- The International Finance Corporation (IFC) is set to offer advisory services to Kenyan banks in a $1.5 million deal (Sh219 million) to help the lenders in climate risk mitigation.... Read More

What FATF grey-listing means for Kenya

Nairobi, Feb. 28 -- The Finance Action Task Force (FATF), the global anti-money laundering watchdog, on February 23, 2024, placed Kenya on what it calls 'grey list.' The Treasury confirmed the develo... Read More

Why agritech startups struggle to gain firm footing in Kenya

Nairobi, Feb. 27 -- Kenyan agritech startups are struggling to pick up in contrast to their peers such as fintech and commerce, with the trend attributed to the age and digital literacy gap among farm... Read More