Business
Blog Business

DEMOCRATIZING ARTIFICIAL INTELLIGENCE IN AFRICA

As Artificial Intelligence adoption in Africa continues to grow, different players are playing different roles to ensure the safe uptake and usage of the technology. In its aim of democratizing AI in Africa, Applied Machine Learning Days has partnered with the United States International University to host this year’s annual conference. The conference, running from […]

Read More
Business

SAFARICOM INVESTMENT CO-OPERATIVE SOCIETY APPROVES KES 142.4 MILLION REBATE PAYOUT FOR MEMBERS.

Nairobi, February 24th, 2024 – Safaricom Investment Co-operative shareholders have approved a KES 142.4 million rebate payout during the 15th Annual General Meeting. The payout comes after the Society reported a KES. 203.4 million in net profit for the year that ended 31st December 2023 against KES 266 million reported in the same period under review in 2022. […]

Read More
Blog Business

KeNIA FOCUSED ON GROWING START-UP ECOSYSTEM

CS ABABU NAMWAMBA LAUNCHES INNOVATION AGENCY 2023-2027 STRATEGIC PLAN Hon. Ababu Namwamba – Cabinet Secretary, Ministry of Youth Affairs, Creative Economy, and Sports on Thursday 22, 2024 launched the Kenya National Innovation Agency (KeNIA) 2023-2027 Strategic Plan. The strategic plan will be geared toward meeting KeNIA’s mission statement of developing and managing a dynamic national […]

Read More
Blog Business

KEPHIS 5-Year Strategic Plan and the National Phytosanitary Policy for 2023.

The unveiling of the KEPHIS Strategic Plan 2023/2027 marks a pivotal moment in Kenya’s agricultural landscape. The Strategic Plan 2023/2027  will guide in the implementation of activities, projects, and programs for the next five years while the National Phytosanitary Policy will guide the country on matters of Plant Health and interventions on Sanitary and Phytosanitary standards (SPS). […]

Read More
Blog Business

Title: UK-Kenya COP27 Deals: A Transformative Path to Sustainable Development

The collaborative efforts between the UK and Kenya, as part of COP27 agreements, are yielding remarkable progress in key climate initiatives. As the world anticipates COP28, significant milestones have been achieved in flagship projects that promise economic growth, job creation, and a sustainable future for both nations. Among these achievements is the development of the […]

Read More
Blog Business

Hustler fund hit a 3 Billion default loan

State-funded financial inclusion fund commonly known as Hustler fund hit a 3 Billion default loan in its 9th-month mark since launch. Speaking to a local daily Moses Banda, the president’s adviser on matters of financial inclusion stated that over 33 Billion has been lent out to over 17.2 million users registered in the fund. The […]

Read More
Blog Business

Metropol Corporation Kenya and Standard Chartered to hold the economic outlook 2023 briefing.

Business information service provider Metropol Corporation and banking company, Standard Chartered have compiled their economic outlook for 2023 for Kenya which points to a decline in GDP growth due to various variables. Metropol Corporation is set to release this report today, July 3, 2023, at KCB Towers Upperhill, opposite Equity Bank Centre, Nairobi while Standard […]

Read More
Blog Business

Kenya Association of Private Hospitals Urges Balanced Approach in Addressing Medical Insurance Fraud Allegations.

The Kenya Association of Private Hospitals (KAPH) has today released a statement on allegations of fraudulent conduct by private healthcare providers indicating that no effort should be spared in eradicating medical insurance fraud in the country’s health sector. However, KAPH now says that a number of the immediate measures taken constitute administrative jurisdictional overreach. They […]

Read More
Business

Car & General partners with an Indian firm to distribute farm implements.

Nairobi Securities Exchange-listed distributor of power solutions and agricultural machinery Car & General has entered into a dealership agreement with Udyog (P) Limited, the India-based manufacturer of Beroni, a globally acknowledged range of farm implements.  Under the deal, Car & General will serve as the exclusive distributor of Beroni agricultural implements in Kenya. Known for […]

Read More
Blog Business

REPERCUSSIONS OF THE FINANCE BILL 2023.

In the wake of the passing of the Finance Bill 2023 by the august house, Kenyans are set to feel the pinch once the bill is tabled for presidential assent and thence made into law. Amongst the bills that are set to be made into law is the 16% fuel levy which is expected to […]

Read More