Romantic gestures involving flashy cash bouquets could soon attract legal consequences, after the Central Bank of…
Category: Business
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Koko Networks Halts Operations, Leaving 700 Jobs in Limbo
$300 million investment, Koko Networks has announced that it will shut down operations in Kenya, leaving…
International Workplace Group Expands Flexible Workspace Footprint in Kenya
International Workplace Group (IWG), a global provider of flexible and hybrid workspaces, has announced the opening…
Ethio Telecom’s Revenue Surge Highlights Power of Data and Mobile Money Expansion
Ethiopia’s state-owned telecoms operator, Ethio Telecom, is increasingly turning network expansion into higher-value digital consumption, as…
Equity to Shift Existing Variable-Rate Loans to Central Bank Rate Model
Equity Bank has announced a major change that will affect customers with existing variable-rate loan facilities,…
Treasury Pulls Back on Central Bank Lifeline as Debt Payments Loom
Kenya’s Treasury has sharply scaled down its use of emergency funding from the Central Bank of…
Big County Payouts Shift Focus to Value for Money in Devolution
New National Treasury data is putting the spotlight on how counties use devolved funds, after showing…
68,000 Informally Trained Youth Set for Certification in Jobs and Credit Push
The government is moving to formally recognise the skills of at least 68,000 young Kenyans who…
Regional Regulators Take Closer Look at Vodacom’s Growing Grip on Safaricom
Safaricom’s planned ownership change is now under review by regional competition regulators, shifting the spotlight from…
EAPC Bets on Scale and Efficiency as It Seeks a Comeback in Kenya’s Cement Market
East African Portland Cement (EAPC) is making a strong comeback push with a planned $200 million…