Home Buyers are set to benefit from a 90 percent mortgage financing with terms of up to 25 years. This follows Absa Bank’s partnership with Superior Homes (Kenya) PLC which seeks to curb the rising cost of property purchase and limited access to long-term financing. The current housing deficit in the country is estimated at […]
Global smartphone maker Xiaomi plans to introduce its latest range of devices in Kenya later this month. Xiaomi Kenya says Redmi Note 13 series promises to transcend the boundaries between mid-range and flagship smartphones, delivering an extraordinary blend of durability, user experience, and imaging prowess – all at an iconic value that sets a new […]
New regional office set to benefit 14 countries including Angola, Botswana, Comoros, Eswatini (formerly Swaziland), Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, Zimbabwe, Zambia and South Africa. Organizations in the Southern African Development Community (SADC) region are set to further their sustainability agenda after a support firm expanded its outreach by opening a new regional office […]
Kenya has been elected to Chair the United Nations World Tourism Organization (UNWTO) Committee on Tourism and Competitiveness, solidifying its position as a leader in the global tourism industry. The announcement was made at the first meeting of the committee held at the UNWTO headquarters in Madrid, Spain. Kenya won the position after two rounds […]
Coltan is refined into tantalum, which is then used to manufacture smartphones and other electronic devices GETTY IMAGES Kenya has discovered its first deposits of the valuable mineral coltan, the mining minister has said. The rare mineral is used to manufacture electric car batteries, mobile phones and other electronic devices. The Democratic Republic of Congo […]
Competition Authority of Kenya has approved the proposed acquisition of 100pc shareholding in Rafiki Millers Limited by Kitui Flour Mills Limited unconditionally. The authority approved the merger stating that the transaction is unlikely to negatively impact competition in the market for wheat milling, nor elicit negative public interest concerns. “The analysis considers the impact that […]
Alviere co-founder and CEO, Pedro Silva Onafriq has leveraged on the Alviere HIVE platform to provide financial access across borders from the United States to Africa. The platform is a regulatory framework that offers an extensive range of configurable, branded financial products and services, including accounts, virtual and physical cards, wallets, payments, and global money […]
Angela Ambitho is the Founder and CEO of Infotrak Research & Consulting 73pc of Kenyans are either in severe financial distress or are struggling to make ends meet. This is according to a recent survey conducted by Infrotrak in 47 counties on the economic hardships faced by Kenyans. This condition has forced many to seek […]
Weiwei irrigation scheme The government is set to spend over 700 million shillings on key projects in the Kerio Valley region. Kerio Valley Development Authority (KVDA) board Chairperson Mark Chesergon says projects aimed at like the stalled Weiwei irrigation scheme and Lomut in the region will help to grow the agriculture sector. Speaking when the […]
The organizations announce intent to partner in providing fast, secure and convenient digital payment solutions for the public sector Visa, a global leader in digital payments and Pesaflow, a pioneering fintech firm offering innovative digital payment solutions have partnered to streamline and enhance digital government ecosystems while fostering financial inclusion. Pesaflow has made a significant […]
The East African Insurance Supervisors Association (EAISA) has committed to promote the development of cross border products and services and coordinate joint insurance innovations within the EAC. Exco Chairman and Chief Executive Officer of Insurance Regulatory Authority – Uganda, Alhaj Kaddunabbi Ibrahim Lubega underscored the importance of coordinated regional initiatives relating to research and development […]
Ngozi Okonjo-Iweala, director-general of the World Trade Organization (WTO), speaks at the World Economic Forum (WEF) Annual Meeting 2024 in Davos, Switzerland, Jan. 18, 2024. China plays a key role in boosting global economic growth, World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala has said. “China has always been able to come up with instruments to […]
