Business

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Saccos Urged To Embrace Digital Solutions To Enable Seamless And Efficient Management.

Saccos Urged To Embrace Digital Solutions To Enable Seamless And Efficient Management.

Savings and Credit Cooperatives (Saccos) have been encouraged to adopt digital solutions to enhance seamless and efficient management while improving service delivery to their customers. Speaking during an interview with journalists in Mombasa, Safaricom’s Chief Enterprise Business Officer, Cynthia Kropac, emphasised the need for Saccos to embrace digital transformation by adopting platforms such as MySacco, which…

DTB Eyes More Lending as Kenya’s Economy Stabilizes.

DTB Eyes More Lending as Kenya’s Economy Stabilizes.

Diamond Trust Bank (DTB) has projected an increase in lending to individuals and small businesses as Kenya’s economy continues to recover from last year’s challenges. The bank believes that with steady growth and economic stability, access to credit will improve significantly. Speaking at the DTB Economic and Sustainability Forum in Nairobi, DTB Kenya Chief Executive…

Crisis Hits Health Sector as USAID Funding Freeze Leaves Thousands Jobless.

Crisis Hits Health Sector as USAID Funding Freeze Leaves Thousands Jobless.

Kenya’s health sector is in turmoil after the sudden suspension of USAID funding. More than 35,000 health workers have lost their jobs, more than 150 clinics have closed, and some 72,000 HIV patients have lost access to life-saving drugs. The crisis began when the U.S. government issued a 90-day stop-work order, sending shockwaves through the…

Absa Bank Flags Off Kenyan SMEs for Exclusive B2B Engagements in Estonia and Finland.

Absa Bank Flags Off Kenyan SMEs for Exclusive B2B Engagements in Estonia and Finland.

Absa Bank Kenya has flagged off a delegation of Absa Business Club members heading to Estonia and Finland for a series of business engagements designed to unlock new trade and investment opportunities. This initiative, organised in collaboration with Golden Connections International, aims to connect Kenyan businesses with their European counterparts, fostering valuable business relationships and…

Vivo Energy Kenya Reaffirms Commitment to Offer Top Fuel Quality.

Vivo Energy Kenya Reaffirms Commitment to Offer Top Fuel Quality.

Managing Director Peter Murungi addressing media at Shell Petrol Station in Nairobi on 7 February, 2025. Vivo Energy Kenya has reaffirmed its dedication to delivering top-quality fuel across its network of over 320 Shell-branded retail outlets. Managing Director Peter Murungi assured customers that the company maintains strict quality standards, ensuring Shell V-Power meets international fuel…

Kenya’s Grocery and Retail Orders Soar by 88% – Uber Eats Report.

Kenya’s Grocery and Retail Orders Soar by 88% – Uber Eats Report.

Grocery and retail orders on Uber Eats surged by 88% in 2024, reflecting a growing preference for online shopping. The latest Cravings Report highlights the most popular foods, surprising trends, and unique customer habits. Kenyans showed a strong love for traditional flavors, with chicken biryani, beef pilau, mutton biryani, chicken pilau, and maharagwe ya nazi…

Hyatt Hotels Corporation officially Opens  Hyatt Regency in Nairobi.

Hyatt Hotels Corporation officially Opens Hyatt Regency in Nairobi.

Hyatt Hotels Corporation (NYSE: H) has officially opened Hyatt Regency in Nairobi marking the debut of the Hyatt brand in Kenya. The five-star Hotel combines Kenya’s rich culture with Hyatt’s signature hospitality, offering guests contemporary accommodations, diverse dining experiences, and premium. The hotel caters for both business and leisure travelers. Guests can explore nearby attractions…

Weetabix Unveils “Fyatuka na Weetabix Reloaded” with $2.1M Boost.

Weetabix Unveils “Fyatuka na Weetabix Reloaded” with $2.1M Boost.

Weetabix East Africa has launched the second phase of its national consumer campaign, “Fyatuka na Weetabix Reloaded.” Speaking at Radisson Blu, CEO Dominic Kimani reaffirmed the brand’s commitment to delivering affordable, nutritious, and portable breakfast options for Kenyans. Kimani highlighted the 37g Kadogo pack as a key innovation designed to meet the evolving needs of…

Land Invasions Threaten Kenya’s Tea Industry.

Land Invasions Threaten Kenya’s Tea Industry.

The Kenya Tea Growers Association (KTGA) has raised serious concerns about rising land invasions and criminal activities disrupting large-scale tea estates. Speaking at a media briefing in Nairobi, KTGA Chairman Mr. Silas Njibwakale decried the ongoing illegal invasion of Sitoi Tea Estate, owned by Eastern Produce Kenya Limited (EPK), in Nandi County. He also pointed…

AU-IBAR Launches APMD Platform To Transform African Livestock Trade.

AU-IBAR Launches APMD Platform To Transform African Livestock Trade.

The African Union Inter-African Bureau for Animal Resources (AU-IBAR) today launched the African Pastoral Markets Development (APMD) Platform in Nairobi, Kenya. The event, held at the Villa Rosa Kempinski, brought together regional and continental stakeholders to address critical challenges in Africa’s livestock sector. The platform aims to modernize livestock markets, with a focus on the…