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Little App leverages on Mobi Tap App for contactless payments

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Little App taxi drivers can now accept contactless card-based payments from customers using their smartphones. This follows the introduction of the Near Field Communication (NFC)...

Benchmark Solutions in Ksh 1.7B funding deal for Ugandan market

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Kenya’s Benchmark Solutions Limited has signed a Ksh 1.7 billion ($11.6m) funding agreement for the redevelopment of Mbarara Makhan Singh Market in Uganda. The Nairobi-based...

Court blocks Equity Bank from TransCentury takeover

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TransCentury will continue to run its operations independently after Nairobi High Court dismissed an application by Equity Bank Kenya to appoint receiver managers to...

Casio’s ClassWiz series to improve learning with new features

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Global technology company Casio has introduced new scientific calculators in the Kenyan market which come with additional features and functions to improve learning experience. Casio...

Crown Paints picks Richard Muturi as chief operating officer

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Crown Paints has appointed Richard Muturi as its new chief operating officer effective August 15, 2023. Muturi will report to the board of the paint...

Jubilee to pay shareholders Ksh 145M despite profit drop

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Jubilee Insurance has announced an interim dividend of Ksh 2 per share which amounts to Ksh 145 million during the half year period ending...

Weak shilling dents KQ recovery as losses widen to Ksh 22B

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Kenya Airways (KQ) has reported an increase in loss before tax of Ksh 22 billion during the first six months of this year from...

Faulu Bank to expand SME customer base with new solutions

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Faulu Microfinance Bank is targeting to enhance its Small and Medium Enterprise customer base with the rollout of new enterprise solutions. According to Faulu Bank...

Strong income powers ABSA Kenya H1 net profit to Ksh 8.3B

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Absa Bank Kenya profit after tax has risen 32pc in the first six months of the year to Ksh 8.3 billion supported by strong...

HPE, Mitsumi in partnership to drive regional sales

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Hewlett Packard Enterprise (HPE) has inked a deal with Mitsumi Distribution in a move expected to help the firm increase its market share and...

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