The Africa Digital Finance Summit (ADFS) will have an opening ceremony on 22nd February, 2022 at Villa Rosa Kempinski. The ceremony will usher in the 3-day ADFS summit which will be taking place from the 22nd -24th February at the same venue. The ceremony will be headlined by Hon. Maureen Mbaka, the Chief Administration Officer in the …
Kenya Hosts the 2nd Annual Africa Digital Finance Summit Read More »
A historic plunge in the stock price of Facebook’s parent company has erased more than $230bn in its market value, easily the biggest one-day loss in history for a US company. The 26.4% wipeout in Meta comes amid concerns about its future after the company reported its first ever drop in daily user numbers in …
A One Day US Stock Exchange Plunge On Facebook Results to a $230 Billion Loss Read More »
Girlfriends are competing wives in receipt of monies from Kenyans living abroad, a Central Bank of Kenya survey has shown. The survey that put mothers as the top recipients revealed that Kenyans are sending money to their female friends almost as frequently as their wives. Though 57 percent of respondents were married, they first send …
Mothers, Wives and Girlfriends Top Recipients of Diaspora Remittances Read More »
The Central Bank of Kenya has announced that Kenyans in diaspora remitted the highest amount recorded in the last 15 years. According to CBK, the captured remittance inflows were the highest at Sh422,178,900 million into the country in 2021. This surpassed the previous record of Sh351,323,700 million that was set in 2020. On Thursday, CBK …
The Kenya National Bureau of Standards (KEBS) has approved a new standard of disposable helmets In a bid to encourage the use of helmets by both riders and pillions. The use of BodaBoda has become very popular in Kenya though it has raised issues of safety due to riders and passengers’ failure to use safety …
KEBS Approves New Disposable Helmets for BodaBodas Read More »
A life insurance license has been issued today to Equity Life Assurance (Kenya) Ltd (‘ELAK’) which is fully owned by Equity Group Insurance Holdings Limited (EGIHL), a subsidiary of Equity Group. The license will enable ELAK to provide life insurance solutions to an underserved market and contribute towards the vision of Equity Group to transform …
Equity Diversifies By Joining the Insurance Sector. Read More »
The government has delivered its first instalment of cheaper electricity with the Energy and Petroleum Regulatory Authority amending the schedule of non-fuel tariffs on Friday. The amended tariffs published in a special issue of the Kenya gazette show an average cut of 20 per cent or one fifth to energy charges. Domestic consumers with a …
Kenya is the leading exporter of avocado in Africa and among the top 10 in the world according to new data from the Agriculture and Food Authority (AFA) Horticulture Directorate. In 11 months covering January to November 2020, the volume of avocado exports stood at 70.3 million kilos with a value of Ksh.14.5 billion. In …
Kenya, Japan and JETRO will hold the Second Japan-Africa Public-Private Economic Forum in Nairobi as a business collaboration event that will bring together people from the highest levels of the public and private sectors in Japan and Africa to discuss how all these sectors can work together to achieve concrete business outcomes. The virtual event …
Kenya Hosts Japan-Africa Public-Private Economic Forum Read More »
The Vice-Prime Minister of DRC who is also the Minister of Environment H.E Eve Bazaiba officially opened the Kenya – DRC Trade Mission 2021, a 15-day business networking initiative organized by the governments of Kenya and DRC in partnership with Equity Group. The aim of the trade mission is to explore opportunities that have the …