Business
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NEWS
Kenya Airways wins “Best Airline Staff Service in Africa” Award
Kenya Airways (KQ) has been awarded the “Best Airline Staff Service in Africa” at the 2024 World Airline Awards held on June 24th, 2024, at the Fairmont Windsor Park in London. Hosted by Skytrax, the international air transport rating organization, the World Airline Awards are renowned as the “Oscars of the aviation industry.” This recognition signifies the exceptional dedication and…
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BUSINESS
KLM introduces ‘Travel Well’ platform to enhance travel experience
KLM has announced a significant evolution in its brand strategy with the introduction of ‘Travel Well’, its new platform that is designed to enrich the travel experience for every passenger. Underpinned by a dedication to enhance the meaningfulness of travel journeys, Travel Well embodies KLM’s commitment to foster genuine connections with travellers. This initiative integrates thoughtfulness and care into every aspect…
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BUSINESS
Kenya Airways Resumes Maputo Flights
Kenya Airways (KQ) has resumed direct flights between Nairobi and Maputo today, with three flights weekly, on Wednesdays, Fridays, and Sundays. The relaunch of direct flights to Maputo from Nairobi will cater to travellers originating from Kenya and serves as a convenient connection point for passengers from other African cities via Nairobi. The expansion will enable Kenya Airways to enhance…
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NEWS
Governments Advocate for Public-Private Collaborations to Boost Business Growth
National and County governments from the Lake Region Economic Bloc (LREB) have urged businesses nationwide to embrace Public-Private sector collaborations for increased profitability, customer acquisition, and market access. The call comes amidst the country’s economic recovery from global shocks, severe drought, and the COVID-19 pandemic. Addressing delegates during the inaugural Business Ecosystem Summit in Kisumu, Cabinet Secretary for National Treasury and Economic Planning, Prof. Njuguna Ndungu, emphasized…
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BUSINESS
Africa-Singapore economic relations expand with bilateral trade growth at 15% per annum
Economic relations between Singapore and Africa continue to expand, as bilateral trade in goods grew by around 15% per annum between 2019 to 2022, reaching US$14.5 billion in 2022. Singapore companies’ investments in the African continent cumulatively reached US$23.7 billion as at 2021. As testament to the robust interest to participate in Africa’s growth opportunities, five agreements were inked at…
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NEWS
KCB signs African Cross-Border Payment deal to support customers
KCB Group has signed an Africa-wide deal to facilitate settlements of cross-border transactions on the continent. The agreement signed early this week with the Pan-African Payment and Settlement System (PAPSS) in Accra, Ghana on the sidelines of the Afrexim Bank Annual Meeting, makes KCB the first Bank in East Africa to onboard the financial market infrastructure that provides a secure…
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NEWS
KenGen adds additional 3000MW to fast track deployment of renewable energy
KenGen has announced a renewed plan to scale up the deployment of renewable energy in the country by adding an additional 3000MW. This new campaign will be driven largely by deploying up to 2000MW drawn from geothermal and hydro sources as baseload power to stabilize the country’s energy sources thereby diversifying away from expensive thermal sources. At the same time,…
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NEWS
KCB Group Completes Acquisition of DRC-based Trust Merchant Bank
KCB Group has announced the completion of the acquisition of Trust Merchant Bank SA (TMB) after receiving all the regulatory approvals. The Group now owns 85% stake in the Democratic Republic of Congo (DRC) based lender. KCB Group obtained the regulatory green light in Kenya, the Democratic Republic of Congo and the COMESA Competition Commission, setting the stage for the…
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NEWS
Vaspro celebrating MSMEs in Kenya with a special offer
Did you know that Micro-Small and Medium-sized Enterprises (MSMEs) make up over 90% of all firms and accounts, on average for 70% of total employment and 50% of gross domestic products? In other words, MSMEs sustain our development and economy globally. That is why the general assembly declared the 27th of June the Micro-small and medium-sized enterprises day (MSMEs Day).…
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NEWS
East Africa Businesses Adopt Digital Solutions Amid Covid-19
Business Membership Organizations (BMOs) in the East African region are adopting Customer Relationship Management (CRM) software technologies, in a bid to improve service provision to businesses amid the COVID-19 pandemic. This follows a two-day training by the East African Business Council (EABC) in partnership with GIZ- Business Scouts for Development and the Federation of German Industries (BDI), on using a CRM software…
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NEWS
EABC urges for harmonization of Covid-19 charges to boost intra EAC trade
The East African Business Council (EABC) is urging for lowering and harmonization of COVID-19 related charges in the East African Community, in a bid to ease the cost of doing business and boost intra-EAC trade. This is set to support businesses to be more resilient and rebound amidst the COVID-19 pandemic. Currently, Covid-19 tests are priced differently in each Partner State EAC…
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NEWS
[Interview] Our data marketplace is helping fill credit history gap in Sub-Saharan Africa, CARMA CEO
CARMA Interview: Fintech has become a significant force in shaping the financial services industry in Sub-Saharan Africa. As this market grows, the need for data also arises – data has become an integral part of the value chain. In this interview, we talk to Ted Martynov, the CEO of CARMA, the world’s first data marketplace that provides lending organizations with credit assessments (including the…
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WOMEN SPACE
Women’s Entrepreneurship Day: The role of women in business is changing
Last week, the world has been celebrating Women’s Entrepreneurship Day. This is a day set aside to observe, celebrate, empower and support women in business around the world. Founded in 2013, Women’s Entrepreneurship Day was set to bring awareness to the millions of girls living in poverty globally, and deserve to be given a chance in life while at the same…
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Uncategorized
This could be the right time to import a car
Owning a car has always been everyone’s dream especially if you have a family and with the year almost coming to an end you’re probably shopping for one. This is because during this period there are always some good deals you can always take advantage of. These deals are always either from local dealers or even from car dealers abroad…
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WOMEN SPACE
Visa has unveiled a Ksh.242M grant to support Kenyan women-owned micro-businesses
Visa has announced a Ksh.242 Million grant to Hand in Hand Eastern Africa to support low-income business owners in Kenya. The program aims to help improve the livelihoods and resilience of 10,000 individuals in Kenya – 75% of which are women– by offering them business and financial skills training, mentorship and financial services. The three-year project will bring tailored skills…
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Uncategorized
KQ is giving a 20% discount to Equity Card holders
The deal is applicable for tickets purchased in Nairobi (NBO), Mombasa (MSA), Kisumu (KIS), and Malindi (MYD). It will be applicable for flights to London (LHR), New York (JFK), Johannesburg (JNB), Dubai (DXB), Mumbai (BOM), Amsterdam (AMS), Paris (CDG), Rome (ROM) and Geneva (GVA).
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LIFESTYLE
Monday Blues! Mixing Business With Pleasure? Consider this Five Tips
In what the uptown folks now refer to as bleisure, business travelers are increasingly getting more creative with their holidays; it’s now a trend to tack in a few days into the work calendar, leaving room to explore new destinations and sample experiences while accomplishing and keeping with corporate targets. From the last Jumia Travel hospitality report (2016) the number…
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