Diageo Plc has entered an agreement to sell its 54.4% shareholding in Seychelles Breweries Ltd. to Phoenix Beverages Ltd., a subsidiary of IBL Ltd. This divestment marks Diageo’s third sale of African ...
The United States has implemented a 10% import tariff on goods from Kenya, among 185 other countries, through a new executive order. This policy, signed by the US President, aims to bolster domestic ...
Kenya intends to implement blood automation technology to improve blood transfusion services and expand access to safe blood nationwide. The Principal Secretary for Medical Services, Mr. Harry Kimtai, ...
GardaWorld Security has rebranded its Kenyan subsidiary, KK Security Ltd., to GardaWorld Security–Africa, aligning local operations with its global brand and signaling an expanded commitment to the ...
Lipa Later, a Kenyan digital consumer credit provider, has been placed under administration, with Joy Vipinchandra Bhatt of Moore JVB Consulting appointed as administrator effective March 24, 2025.
Bupa Global, a leading international private medical insurance (IPMI) provider, has established its first African office in Nairobi, Kenya, following licensing approval from the Insurance Regulatory ...
KCB Group has acquired a 75% stake in fintech firm Riverbank Solutions Limited, aiming to strengthen its regional distribution network. The transaction’s completion is contingent upon customary ...
Kenya’s inflation rate rose to 3.6% in March, marking a fifth consecutive monthly increase from 2.7% in October, according to the Kenya National Bureau of Statistics (KNBS). This increase from 3.5% in ...
The long-delayed takeover bid for BOC Kenya has officially lapsed, concluding an acquisition attempt marked by regulatory disputes and strategic reassessments. BOC Kenya announced that Carbacid ...
OPPO Kenya has released the A5 Pro smartphone, emphasizing durability and reliability, with a starting price of KES 29,999. The device is available at all OPPO retail stores, major e-commerce ...
In Kenya’s increasingly 24/7 economy, businesses face unique challenges, specifically those that still handle large sums of cash and operate beyond regular banking hours. From wholesalers to large ...
Ecobank Kenya has received a capital injection of KSh 3.5 billion (approximately USD 27 million), increasing its total capital to KSh 8.5 billion (approximately USD 65 million). This positions the ...