Family Bank Records a Pre-Tax Profit of Kshs 2.3 Billion for H1 2024
August 28, 2024
Family Bank Group has posted a Kshs 2.32 billion Profit Before Tax in the first six months of 2024. This is a remarkable 15.4% increase compared to Kshs 2.0 billion registered in the same period…
Bayobab Kenya Completes Mombasa-to-Malaba Fibre Project
August 27, 2024
Bayobab Kenya has announced the completion of a long-distance fibre network that is set to connect Mombasa to Malaba and Busia. Bayobab Kenya is part of Bayobab Group, the digital infrastructure business arm of MTN…
Wasoko and MaxAB Announce Completion of Merger Forming Africa's Largest B2B Platform
August 27, 2024
Wasoko and MaxAB have announced the completion of their merger following the signing of preliminary terms in Q4 2023. This merger was conducted as an all-stock transaction and the new entity is set to have…
Jordan Schleck and Aleper Mary Shine at the LOOP Safari Gravel Series
August 27, 2024
Jordan schleck who was the winner of the first leg of the series held in Tatu City, once again showcased exceptional endurance, securing the first position with a time of 4:40:50 hrs in the 120KM…
Innovative Contest Launches To Combat Gender-Based Violence Through Entrepreneurship
August 27, 2024
Japan International Cooperation Agency (JICA) in partnership with National Gender Equality Commission and the Nairobi County Government in Kenya and implementing partners, GrowthAfrica, are proud to announce the launch of the ‘InnoVate Against GBV’ Business…
iColo Adds 650 kW Solar Installations Across its Two Data Centers in Kenya
August 26, 2024
iColo has today announced the installation of solar panels at its facilities in Kenya, making it one of the greenest global connectivity hubs in the country. The data center operator has successfully added and commissioned…
Absa Bank Kenya Records Kshs 10.7 Billion Profit After tax in H1 2024
August 26, 2024
Absa Bank Kenya has reported profit after tax of Kshs10.7 billion for the half year ended 30 June 2024. This is a 29% increase over the same period last year. For the six months period,…
Safaricom Investment Co-Operative Receives Regulator Approval To Rebrand
August 26, 2024
Safaricom Investment Co-operative has received approval from the Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development to adopt a new name, logo and colors for the society. This approval comes after Safaricom Investment Co-operative…
Bolt Raises Base Fares for All Ride Categories by 10%
August 26, 2024
Bolt has today announced an increase in its base fare across all ride categories. This is in response to the recent protest by drivers who demanded better pay. Uber raised its base fare last week…