Kenya Pipeline Corporation Sends Ksh 7 Billion to Treasury as Profits Soar
Kenya Pipeline Corporation (KPC) has remitted Ksh 7 billion to the National Treasury for the fiscal year ending June 30,…
Category: Business
KCB Bank Kenya And Mastercard Launch Country’s First Multi-Currency Prepaid Card
KCB Bank Kenya, in collaboration with Mastercard, has introduced the country’s first multi-currency prepaid card, supporting transactions in 11 major…
Peraso’s DUNE Platform Signs Major Order in Kenya for 60 GHz mmWave Wireless Upgrade
Peraso Inc., a US-based leader in mmWave wireless technology, has announced a purchase order for its DUNE platform from a…
MP Proposes Amendment to Procurement and Asset Disposal Act to Safeguard Contractors from Unjust Terminations
The proposed amendment seeks to uphold the principles of natural justice, align with constitutional mandates for fair administrative action, and…
SGR Records Losses Amid Declining Passenger Numbers
The drop in SGR passenger numbers during the third quarter of 2024 continued a trend observed earlier in the year,…
National Assembly Rejects Senate’s Gambling Control Bill Amendments Over Constitutional Concerns
The Gambling Control Bill of 2023 seeks to establish a Gambling Regulatory Authority of Kenya, which would replace the Betting…
Safaricom Unveils Ziidi Money Market Fund (MMF)
Ziidi MMF enables users to invest funds from their M-PESA wallets into the Ziidi account, where they earn daily accrued…
AI-Driven Cyberattacks Surge: Companies Bolster Cybersecurity Strategies, Kaspersky Report Reveals
As concerns over AI-powered cyberattacks grow, companies worldwide are intensifying their cybersecurity defences, a recent Kaspersky survey shows. In its…
Kenya’s Agriculture Sector Hits Ksh 3.3 Trillion GVA In 2023 Despite Mixed Production Trends
The Gross Value Added (GVA) for Kenya’s agriculture, forestry, and fisheries sector reached an impressive Ksh 3.3 trillion in 2023,…
ITC Partners with Absa Bank Kenya to Empower Women Exporters Through Access to Finance Accelerator
The International Trade Centre (ITC) has partnered with Absa Bank Kenya to launch the Access to Finance Accelerator programme, a…