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NSE Update: Kenya Orchards Limited (KOL) To Sell 84.42% To Local Investor AMAC

Africa Mega Agriculture Center (AMAC) Limited has announced plans to acquire 84.42 percent of the total issued share capital of Kenya Orchards Limited (KOL), an

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Maximizing Your Money: 5 Smart Ways to Use a Money Market Account in Kenya

A money market account (MMA) can be a valuable financial tool in Kenya if utilized effectively. Here are five practical ways to use a money

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Iko na Pesa Ama Ni Ukora Tuu? Top Forex Scams to Watch Out For

In recent times, we’ve seen a surge of young Kenyans flaunting flashy cars and luxurious lifestyles, all purportedly funded by their success in forex trading.

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Guide To Investing In Kenyan Money Market Funds In 2024

A money market fund (MMF) is a type of mutual or unit fund that invests in short-term, low-risk debt securities. These funds are designed to

Business Crypto

How Blockchain Technology Is Assisting Kenyan Farmers Harvest Avocados

  In Kenya, a partnership between One Million Avocados (OMA) and Dimitra, a blockchain-based agricultural technology company, is leveraging blockchain technology to assist small-scale avocado

Business Crypto

Marathon Digital Partners With Kenya For $80 Million Green Energy Investment

Bitcoin (BTC) mining company Marathon Digital (MARA) announced a significant partnership on Friday with Kenya’s Ministry of Energy and Petroleum to enhance the country’s energy

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Confession: I Got A Loan Because I Have A Well Paying Job And It Almost Destroyed My Life

Below is a confession of a Kenyan man who took a loan of less than Ksh. 1.7M but ended paying Ksh 5 million. According to

Business

KCB Beats Equity Bank With Remarkable 69% Net Profit Jump

KCB Group has reclaimed its position as East Africa’s most profitable bank, boasting a remarkable 69% increase in net earnings for the first quarter of

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Government Plans To Impose 15% Tax On Interest From Infrastructure Bonds

The Kenyan government plans to impose a tax of up to 15% on interest from infrastructure bonds, a move that could negatively affect foreign currency

Business Crypto

Ghana Set to Pioneer Blockchain Technology in African Governance

Ghana is poised to make history as the first African nation to implement blockchain technology in its e-government processes, announced Vice President Mahamadu Bawumia. Addressing

Business

Shock On Members Trying Exiting Safaricom Investment Sacco As They Lack Buyers

Exiting Safaricom Investment Co-operative (SIC) proves challenging for members as buyers for their shares are scarce, shedding light on the hurdles of liquidating investments within

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Business Crypto

Kenya’s Cryptocurrency Review: President Ruto Engages Bitcoin Miner Marathon Digital

Kenya’s stance on cryptocurrencies appears to be evolving as the government extends an invitation to a consulting firm to reassess its approach. This move signifies

Business

Twiga Foods Selects Jumia Kenya CEO Charles Ballard As Successor To Peter Njonjo

Twiga Foods has announced the appointment of Charles Ballard as its new Chief Executive Officer following an extensive global search process. With a career spanning

Business Crypto

Google Cloud Introduced New Web3 Portal For Blockchain Developers

Google Cloud has made waves in the blockchain world with the launch of its highly anticipated Web3 portal, designed to be a one-stop hub for

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Smart Money Moves: How to Thrive Financially in Kenya

Are you tired of lying awake at night, worrying about money? If that sounds like you, then you’ve come to the right place. Whether you dream

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Diversifying Your Social Circle: Why Hanging Out With People Who Are Different Is Important

It’s always easy to find comfort in familiar circles. However, exclusively surrounding ourselves with like-minded individuals can hinder our growth. Diversifying our social circles enriches