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Ronald Owili

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The Power of Bitcoin’s Lightning Network: Boosting Efficiency and Revolutionizing Transactions

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In the constantly evolving world of cryptocurrency, Bitcoin has stood out as a pioneering force, reshaping our understanding of digital transactions. However, as groundbreaking...

Carrefour to pay Ksh 414,250 for abusing its buyer power

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Majid Al Futtaim Hypermarkets Limited which owns Carrefour has been directed by Nairobi High Court to pay a total of Ksh 414,250 for abusing...

BRS assumes registration of trusts

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The Business Registration Service (BRS) has taken over the registration and incorporation of trusts with immediate effect. This follows amendment of the Trustees (Perpetual Succession)...

Umoja: Google’s new undersea cable to link Kenya with Australia

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American technology giant, Google, has announced plans to invest in a new fibre optic cable anchored in Kenya as well as help the country...

Higher revenue lifts KCB Group net profit by 69pc

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KCB Group profit after tax jumped 69pc in the first quarter of this year to Ksh 16.5 billion from Ksh 9.8 billion reported last...

NCBA books a net profit of Ksh 5.3B in first quarter

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NCBA Group profit after tax has risen by 4.7pc in the first three months of this year to Ksh 5.3 billion from Ksh 5.1...

Facebook is still Kenya’s most influential platform

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Meta owned social media platform, Facebook, has firmed its position as Kenya’s top social media platform with a share of 49.4pc. Audience Measurement and Industry...

Tourism arrivals beat pre-pandemic numbers to grow 35pc

The number of international visitors to Kenya breached the two million mark last year with Kenya attracting 2,086,800 million tourists representing a 35.4pc growth...

Govt doubles affordable housing units completed to 3,357

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The government through the State Department for Housing and Urban Development (SDHUD ) managed to complete 3,357 affordable housing units last year from 1,390...

Kenya’s economy grows 5.6pc as exports surpass Ksh 1 trillion

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Kenya posted a real gross domestic product of 5.6pc last year from 4.9pc in 2022 according to latest data by the Kenya National Bureau...

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