Co-operatives CS Oparanya announces inauguration of committee of experts to review SACCO Societies Act and new KUSCCO Transition Board

NAIROBI, Kenya, May 21 – The Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development led by Cabinet Secretary Wycliffe Oparanya has announced inauguration of two key institutional frameworks aimed at accelerating governance, accountability and regulatory reforms to strengthen SACCO sector. Through the Ministry , Kenyan government has inaugurated a five member committee…

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Spiro unveils strategic developments in manufacturing, market growth, sustainability and Davido collaboration at Africa CEO Forum 2025

ABIDJAN, Ivory Coast, May 16 – Spiro, Africa’s largest electric mobility company, has announced a powerful series of strategic initiatives during the Africa CEO Forum 2025 signaling its intent to transform the continent’s mobility landscape through industrial innovation, market expansion, and sustainability. Global music icon and entrepreneur Davido who joined Spiro as a brand ambassador…

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Knight Frank’s wealth report reveals Kenya’s wealthy retreat from lifestyle investment to revenue generation as economy slows

NAIROBI, Kenya, May 14 – Global property consultant Knight Frank has revealed as the economy slows, Kenya’s wealthy are adjusting their investment strategies in response to rising global economic uncertainty, shifting away from residential and foreign assets in favour of more liquid, higher-yielding opportunities within the country. According to the report Kenya Edition Attitudes Survey…

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Airtel Kenya unveils AI-Powered Spam Alert Service to enable customers flag potential spam messages

NAIROBI, Kenya, May 7 – Airtel Kenya has launched a ground-breaking artificial intelligence (AI)-powered Spam Alert Service which will be available to all its subscribers at no cost, the service which offers Airtel smartphone and feature phone customers real-time alerts for suspected spam SMS messages requires no additional application downloads and is automatically activated for…

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KEPSA commits to sustain structured public-private dialogue leading to the Finance Bill 2025

NAIROBI, Kenya, Apr 25 –The Kenya Private Sector Alliance (KEPSA) In an engagement with the National Assembly Committees on Finance and National Planning Budget and Appropriations and Trade, Industry and Cooperatives Committees private sector presented proposals aimed at shaping Kenya’s fiscal policy and legislative agenda to promote competitiveness, investment and inclusive growth. The private sector…

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Mr. Madhav Kumar Appointed Chief Executive Officer GA Insurance Limited Kenya

NAIROBI, Kenya, Apr 4 – GA Insurance Limited Board of Directors have announced Mr. Madhav Kumar as the new Chief Executive Officer and Principal Officer. Mr. Kumar with an MBA in Finance and a Bachelor’s degree in Commerce (Accounting) posses a solid foundation in financial management and strategic planning positioning him to lead GA Insurance….

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EPRA releases Energy and Petroleum Statistics report 2024

NAIROBI, Kenya, Mar 28 – The Energy and Petroleum Regulatory Authority (EPRA) statistics report 2024 provides an in-depth analysis of the performance of the electricity, petroleum, Liquefied Petroleum Gas (LPG) and renewable energy subsectors offering critical insights into trends and developments shaping Kenya’s energy landscape. According to the report Kenya’s electricity generation increased by 6.13%…

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Mogo unveils best price guarantee campaign offering most affordable and accessible car logbook loans in Kenya.

NAIROBI, Kenya, Mar 26 – East Africa’s leading asset financier Mogo has launched the Best Price guarantee campaign to reaffirm its commitment to offering the most affordable and accessible car logbook loans in Kenya. The asset financier seeks to distinguish itself from competitors that impose stringent conditions and high-interest rates, which often place an additional…

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Karura Community Sacco (KCS) unveils scholarship program to empower youth through education

NAIROBI, Kenya, Mar 1…Karura Community Sacco (KCS) at its 7th Annual General Meeting (AGM) announced the launch of Sacco’s scholarship program to empower young people, give them opportunities noting that through education every child in Kenya gets an equal opportunity. The Sacco CEO Gitonga Kigo noted that it was a special momentous day for the…

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CMC Motors Group to cease operations in East Africa

NAIROBI, Kenya, Jan 17…CMC Motors Group has announced its decision to gradually wind down operations in Kenya, Tanzania and Uganda in full compliance with local regulations and distributorship agreements. “This decision follows a thorough evaluation of the business in light of sustained market challenges including economic pressures, currency depreciation and rising operations costs”, reads a…

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