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NEWS & CURRENT AFFAIRS

Digital News

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Esther Dianah

Government splashes Sh100m for tourists comfort zones in counties

CS Mutua said he has already visited 12 counties and plans to engage with all 47 county governors to solicit their support in expanding tourist attractions within their respective regions.

Government splashes Sh100m for tourists comfort zones in counties

Rethink data policies to increase internet access, ICT players tell State

Rethink data policies to increase internet access, ICT players tell State

Ministry launches portal to ease trade

Ministry launches portal to ease trade

Kenya to miss growth target on budget gaps and revenue leaks

Kenya to miss growth target on budget gaps and revenue leaks

Consumer spending shoots up on higher prices

In the three months to March 2024, the consumer spending index fell by five per cent to 110 from 116 in the final quarter of the previous year, new data shows.

Consumer spending shoots up on higher prices

Absa CEO: Why sustainability is next frontier in driving lenders' bottom lines

As sustainability reporting takes root among corporates, lenders are no exception.

Absa CEO: Why sustainability is next frontier in driving lenders' bottom lines

Tourism rebounds to Sh352.5b surpassing pre-Covid numbers

The immense recovery has been attributed to the weakening of the Kenya shilling against major global currencies and the effects of inflation locally and internationally.

Tourism rebounds to Sh352.5b surpassing pre-Covid numbers

Harambee Sacco ups bid to raise Sh4b from share capital

Harambee Sacco has launched an aggressive membership share drive to strengthen core capital and increase deposits.

Harambee Sacco ups bid to raise Sh4b from share capital

Counties urged to finalise their energy plans

The energy plans map out their sources and utilisation, and will also form a solid basis for investment and intervention.

Counties urged to finalise their energy plans

M-Pesa, Safaricom and Equity top brands most loved by women

Insights drawn from the study elaborate on how the Kenyan woman drives consumer purchase decisions within her household as the primary shopper.

M-Pesa, Safaricom and Equity top brands most loved by women

Absa Bank investors get record Sh7b dividend after bank posts Sh16b profit

Absa’s board has recommended a 15 per cent increase on its dividend to shareholders a final total dividend payout of Sh7.3 billion, translating to Sh1.35 per ordinary share.

Absa Bank investors get record Sh7b dividend after bank posts Sh16b profit

Future of work: Navigating market shifts, going digital

Close to one million young people graduate from institutions of higher learning and enter the labor market annually, a figure that surpasses the available work opportunities.

Future of work: Navigating market shifts, going digital

Report: Kenya tops peers in youth digital potential

The ranking is attributed to Kenya’s widespread use of the mobile money system, government investments in infrastructure, and initiatives focused on digital literacy.

Report: Kenya tops peers in youth digital potential

Treasury now faulted over milk, bread tax plan in revenue push

A potential of mass layoffs looms if the Treasury’s proposal to tax bread and milk comes to fruition, experts have cautioned.

Treasury now faulted over milk, bread tax plan in revenue push

Small businesses to access low-interest loans from World Bank-funded project

Small businesses can now access low-interest loans through the Supporting Access to Finance and Enterprise Recovery (SAFER) project.

Small businesses to access low-interest loans from World Bank-funded project

How local sourcing by giant firms can cut unemployment

Unilever’s Emerge Accelerator Programme is an example of tangible impact; empowering women and individuals with disabilities to become suppliers.

How local sourcing by giant firms can cut unemployment

'You must innovate to stay abreast with the trends'

Founded back in the 1980s, Kega Fashions is feeling the heat of the weak shilling and the rising cost of raw materials as well as competition from Mitumba business.

'You must innovate to stay abreast with the trends'

KTB: Tourism industry near full recovery to pre-Covid levels

The tourism sector is at about 96 per cent recovery to 2019 figures, hence it is rightly on the path to an accelerated growth trajectory.

KTB: Tourism industry near full recovery to pre-Covid levels

Fintech wave: Internet access spurs Kenya digital innovation

The impact of fintech on financial services and markets in Kenya is a testament to the transformative power of technology.

Fintech wave: Internet access spurs Kenya digital innovation

Milk processor rallies farmers to conserve animal feed amid climate change

Brookside is rallying dairy farmers to prepare and conserve animal feed as a mitigation to challenges brought about by climate change.

By 2 months ago

Milk processor rallies farmers to conserve animal feed amid climate change

Local auto firm asks State to incentive costs in e-mobility

The electric Tuktuks are designed to ensure optimum value for customers through better range, grade ability, and load-carrying capacity.

By 2 months ago

Local auto firm asks State to incentive costs in e-mobility

Ministry to host forum on financing agricultural sector

Agriculture loans and investments portfolios currently are disproportionately low compared to the agriculture sector’s share of GDP.

By 2 months ago

Ministry to host forum on financing agricultural sector

State seeks partners to expand digital hubs across slums

Kenya Kwanza, through its ICT agenda, seeks to build a digitally empowered nation where citizens can readily work and also get services conveniently and efficiently.

By 2 months ago

State seeks partners to expand digital hubs across slums

Rising demand for bouquets as Kenyans mark Valentine's Day

Fresh Produce Consortium of Kenya (FPCK) has noted a growing demand for ready bouquets by international markets as opposed to single-variety cut flowers.

By 2 months ago

Rising demand for bouquets as Kenyans mark Valentine's Day

Standard Group creates digital visitor booking system

Standard Group has developed a digital visitor booking management system that is set to redefine how businesses handle guest interactions.

By 2 months ago

Standard Group creates digital visitor booking system

Kenya to chair United Nations committee on tourism

Kenya has been elected to chair the United Nations World Tourism Organisation (UNWTO) Committee on Tourism and Competitiveness, solidifying its position as a leader in the global tourism industry.

By 3 months ago

Kenya to chair United Nations committee on tourism

Safaricom and partners to back local startups

Safaricom, M-PESA Africa, and Sumitomo Corporation have launched an accelerator programme for fintech and content startups.

By 3 months ago

Safaricom and partners to back local startups

Incentives to women in construction will boost their participation, says regulator

National Construction Authority Executive Director Maurice Aketch said gender stereotypes and biases discourage women from pursuing careers in construction.

By 4 months ago

Incentives to women in construction will boost their participation, says regulator

Increase output of building materials, PS urges firms

PS Hinga noted that the use of locally produced materials will help in cutting the overall cost of the housing units under the Affordable Housing Programme.

By 4 months ago

Increase output of building materials, PS urges firms

New boost for the women-led businesses' financial resilience

NFNV Kenya has taken steps towards enhancing the financial and economic resilience of women-led businesses using insurance products for risk mitigation.

By 4 months ago

New boost for the women-led businesses' financial resilience

New survey tracks contribution of creative industry to Kenya's economy

Speaking during the launch, KNBS Director General George Obudho said that initially, the contribution of the film industry to the economy was not known.

By 4 months ago

New survey tracks contribution of creative industry to Kenya's economy

Sameer starts construction of Sh260 million warehouse

The tailor-made project has been crafted to align with its tenant’s distinct needs, encompassing considerations of size, layout, features, and functionality.

By 4 months ago

Sameer starts construction of Sh260 million warehouse

NCBA celebrates financing of over 4000 vehicles, sets aside Sh2b for emobility

NCBA group has financed over 4000 vehicles amounting to Sh17 billion as of October 2023.

By 4 months ago

NCBA celebrates financing of over 4000 vehicles, sets aside Sh2b for emobility

'Cyber security key barrier to digital economy among small businesses'

A major revelation from the study is that a majority of MSMEs rank digital training and skills development as the paramount requirement for venturing into the online sphere.

By 4 months ago

'Cyber security key barrier to digital economy among small businesses'

Survey reveals Kenya's most sought-after skills in job market

The findings call for key skills in transport and logistics, signalling a pivotal moment in the intersection of education and industry needs.

By 5 months ago

Survey reveals Kenya's most sought-after skills in job market

Brewer faults State tax policies, urges review to cut illicit drinks

The Kenya Revenue Authority (KRA) excise tax collections from spirits dropped by 20.7 per cent in the first quarter of this year.

By 5 months ago

Brewer faults State tax policies, urges review to cut illicit drinks

Kenyan MSMEs eye regional trade opprtunities at Burundi trade fair

Intra-regional trade within the EAC has been on an upward trajectory, with the value recorded at $10.17 billion (Sh1.5 trillion) as at September 2022.

By 5 months ago

Kenyan MSMEs eye regional trade opprtunities at Burundi trade fair

Local industries urged to raise output to counter cheap imports

Local manufacturers have been urged to raise their output to progressively wean the country off reliance on imports.

By 6 months ago

Local industries urged to raise output to counter cheap imports

Mary Wamae: From legal practice to shaking up the banking industry

Mary Wamae has for close to two decades now been a part of Kenya’s financial transformation journey, having joined the banking industry from the legal profession.

By 6 months ago

Mary Wamae: From legal practice to shaking up the banking industry

Eva Muraya: How brands can use data to attract female consumers

Muraya whose company ranks top 100 most loved brands by women, says the difficulty in accessing the market inspired her to start BSD Group.

By 7 months ago

Eva Muraya: How brands can use data to attract female consumers

Senator unveils plan to ease school congestion

To address this disparity, Soma na Glow is providing transportation from Kawangware (Congo Stage) to Kileleshwa Primary and back.

By 7 months ago

Senator unveils plan to ease school congestion

Easy Coach: We are evolving to suit digital customers

According to Statista, an online platform specialising in market and consumer data, online bookings for long-distance bus tickets dominated travel products in Kenya in 2022 at 40 per cent.

By 7 months ago

Easy Coach: We are evolving to suit digital customers

Twiga Foods allays closure fears amid latest layoffs

Twiga aggregates demand and streamlines logistics in the distribution of farm produce such as fruits and vegetables to small-scale vendors in city estates.

By 8 months ago

Twiga Foods allays closure fears amid latest layoffs

Milk processor eyes breeding support to improve yields

Dairy farmers are looking at better prospects after processor Brookside has launched an animal breeding support programme for its milk supply groups, with the aim of raising firm yields.

By 8 months ago

Milk processor eyes breeding support to improve yields

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