Business

CBK Reopens 2 Infrastructure Bonds to Raise Ksh.7O Billion

The Central Bank of Kenya (CBK) seeks to raise Ksh70 billion to fund infrastructure projects in FY 2024/2025, by reopening…

1 year ago

KCB Commits Ksh.80 Million on EA Golf Tour Championship

Kenya Commercial Bank (KCB), on Thursday January 23, launched East Africa Golf Tour, Committing Ksh.80 Million to Support the Annual…

1 year ago

Safaricom’s Ziidi Money Market Fund: Low-risk Investment with Transformative Potential

Safaricom's newly launched investment product; Ziidi Money Market Fund (MMF) is generally low-risk low-return kind of investment. Unlike other products…

1 year ago

Safaricom’s Ziidi Money Market Fund Accumulates Sh2.85B in Assets Within First Month Of Operation

Launched barely one month ago, Safaricom PLC's Ziidi Money Market Fund, powered by MPESA, has accumulated Sh2.85 billion in assets…

1 year ago

Treasury Wants Crypto Firms in Kenya to Appoint Local CEOs

The National Treasury proposes Virtual Asset Service Providers Bill, 2025, which would see crypto companies operating in Kenya establishing physical…

1 year ago

Safaricom Unveils Ziidi Money Market Fund Powered By M-PESA

Safaricom has partnered with two fund managers; Standard Investment Bank and ALA Capital Limited to announce the official launch of…

1 year ago

Equity Wins Suit to Stop Gatabaki’s Sh300m Land Payout.

A Kenyan court has overturned a KSh300 million compensation award to the family of the late Samuel Gatabaki, a Kiambu…

1 year ago

Massmart and Walmart Announce first Africa-Focused Supplier Growth Summit

Massmart and Walmart have announced their first Africa-focused supplier Growth Summit, planned to take place on April 2, 2025, in…

1 year ago

World Bank Sets $40 Billion for Power Finance in Africa

The World Bank and African Development Bank (AfDB) have announced a $40 billion financing program called Mission 300, aimed at…

1 year ago

Mastercard Foundation Partners African School of Governance to Tackle Leadership, Education and Research Challenges in Africa

Mastercard Foundation has sealed partnership with African School of Governance (ASG) to address the challenges African countries face in leadership,…

1 year ago