Category: Business

SAFARICOM INVESTMENT CO-OPERATIVE SOCIETY APPROVES 176.9M DIVIDEND FOLLOWING 37% GROWTH IN 2022 PERFORMANCE

SAFARICOM INVESTMENT CO-OPERATIVE SOCIETY APPROVES KES 176.9 MILLION DIVIDEND FOLLOWING 37% GROWTH IN 2022 PERFORMANCE By Vera Shawiza Safaricom Investment Co-operative shareholders have approved a KES 176.9 million dividend payout at the 14th Annual General Meeting. This translates to 7%…

NATIONAL COUNCIL OF CHURCHES OF KENYA NOMINATED FOR NOBEL PEACE PRIZE

NCCK Nominated for Nobel Peace Prize 2023 By Mary Mukabane, Special Correspondent The National Council of Churches of Kenya (NCCK) has been nominated for Nobel Peace Prize 2023, an award considered to be the strongest affirmation of the contribution by…

NBK SIGNS MOU WITH MOMBASA COUNTY TO FINANCE HEALTH

NBK Signs MoU with Mombasa County to finance Health and WASH projects By Edna Kiarie NBK has signed a Memorandum of Understanding (MoU) with Mombasa County to provide financing for healthcare and water, sanitation, and hygiene (WASH) projects in the…

ALCOHOL MANUFACTURERS AND DISTRIBUTORS STRONGLY OPPOSE KRA TAX INCREASE

Alcohol Manufacturers and Distributors Strongly Oppose KRA Tax Increase By Mary Mukabane (Special Correspondent) The Alcoholic Beverages Association of Kenya (ABAK) has fiercely opposed a proposal by the government to increase the price of excise duty stamps on alcoholic beverages…

SENDY UNVEILS PAYMENT ON DELIVERY PRODUCT FOR E-COMMERCE IN AFRICA

Sendy unveils Payment on Delivery product for e-commerce in Africa By Lenin Limunba Africa’s leading Fulfillment and Logistics enabler, Sendy, has introduced a Payment on Delivery product for e- commerce and social commerce vendors in Africa. This product will facilitate…

MATATU OWNERS ASSOCIATION DECRY PUNITIVE GOVERNMENT DIRECTIVES

Matatu Owners association Decry Punitive govt directives By Mary Mukabane Matatu Owners Association (MOA) has called upon the government to work with stakeholders to find diplomatic solutions to the public transport problems instead of attacking the players. Speaking in Nairobi,…

TAITA TAVETA GOVERNOR MWADIME CALLS FOR PARTNERSHIP WITH DR. RUTO’S GOVERNMENT FOR COUNTY DEVELOPMENT

Taita Taveta Governor Mwadime calls for Partnership with Ruto Govt for County Development By Mary Mukabane The Taita Taveta County government leaders have called upon President Ruto to partner with them in developing the county and addressing challenges of Drought,…

CHANGE OF GUARD AT KENYAN GIANT TELECOMMUNICATION SAFARICOM

CHANGE OF GUARD AT KENYAN GIANT TELECOMMUNICATIONS SAFARICOM By Peter Ndegwa, Safaricom Chief Executive Officer The country giant telecommunication Safaricom to support and continue with great service delivery, enabling their performance target, and build on the progress, the mobile service…

FAMILY BANK OFFICIALLY FLAGS OFF HIGH SCHOOL SCHOLARSHIPS FOR 2023

FAMILY BANK OFFICIALLY FLAGS OFF HIGH SCHOOL SCHOLARSHIPS FOR 2023 By Grace Wangari 302 bright but needy students have received scholarships through Tufuzu na Elimu programme by The Family Group Foundation in an event graced by the Director of Education….

BIG BOOST FOR FUEL RETAILERS AS PESAPAL UNVEILS A PETROL STATION PAYMENTS AUTOMATION SOLUTION

Big boost for fuel retailers as Pesapal unveils a petrol station payments automation solution By Donald Kogai Pesapal has launched a new Forecourt Management Solution in Uganda, Kenya and Tanzania. It is the first solution developed specifically for Africa that…

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