Dhahabu Kenya

Absa Bank partners with Safaricom to restore Kilifi Mangrove forest

Absa Bank Kenya and Safaricom partner for Mangrove reforestation in Kilifi County Absa Bank Kenya and Safaricom partner for Mangrove reforestation in Kilifi CountyDhahabu·February 12, 2024Must ReadSustainability Absa Bank Kenya and Safaricom have joined forces in a groundbreaking initiative, pledging two million Kenyan shillings towards the preservation of coastal ecosystems in ...

Buy one Emirates or Kenya Airways ticket and fly seamless in Africa and Middle East through Nairobi and Dubai.

You can book now Emirates, Kenya Airways tickets and fly seamless with the two airlines - Dhahabu Emirates and Kenya Airlines have signed an interline agreement that will ensure seamless travel to 28 destinations in Africa and Middle East. Emirates customers will now be able to fly to 28 destinations on the Kenya Airways network using Nairobi as the gateway to destinations while Emirates passeng...

He has previously been serving as the Vice President under Ngatia.

Real Hospital proprietor elected Kenya National Chambers of Commerce President - Dhahabu Dr. Eric Rutto, the proprietor of Real Hospital has been elected as the Kenya National Chambers of Commerce and Industry (KNCCI) President, beating incumbent Richard Ngatia. He has previously been serving as the Vice President under Ngatia. Dr. Ruto, a medic, founded Real Hospital in 2008 and is bas...

Here is a simple step-by-step process for booking your Huduma Centre appointment.

How to book an online appointment to Huduma centre - Dhahabu By Elijah Odhiambo The Ministry of Gender and Public Service on Friday, April 28, 2023 launched a simplified process for booking services at Huduma Centres. In a circular, Public Service Cabinet Secretary Aisha Jumwa explained that the previous long processes had been shortened to ensure efficiency....

Under this model, a home-owner purchases land from Mizizi Africa Homes, the developer processes their title deed, which the financier uses as a collateral to structure a mortgage.

Mizizi Africa Homes migrates to Buy, We build model - Dhahabu Mizizi Africa Homes has begun a phased exit from off-plan housing as it entrenches the ‘Buy, We build’ concept into its operations. The developer has partnered with a financial consulting company, One Roxas International to help prospective home-owners access funding before commencement of housi...

Instances of violent confrontations between armed groups and security personnel have been witnessed, leading to severe injuries and the regrettable incident of a police vehicle being set on fire.

Large scale tea producers raise security concerns in Kericho and Bomet Counties - Dhahabu Large-scale tea producers in Kericho and Bomet counties have raised concerns over increasing insecurity plaguing Kericho, Bomet, Nyamira and Nandi Counties, stating that they are putting the safety and well-being of all employees and the operation of tea estates in jeopardy. In a statement, they not...

Some 173,137 learners who scored a mean grade of C+ and above in the 2022 Kenya Certificate of Secondary Education (KCSE) have qualified for admission to public universities and are free to apply for courses. The rest can target the many TVETs across the country.

How KCSE students can apply for or revise university courses - Dhahabu By Elijah Odhiambo Education Cabinet Secretary Ezekiel Machogu on Wednesday 17th May launched the Kenya Universities and Colleges Central Placement Service (KUCCPS) portal for 2022 KCSE candidates. The launch took place at the University of Nairobi’s Taifa Hall. The education CS said, 173,137 lear...

KCB’s total assets stood at Ksh1.55 trillion in the year ending December, compared to Equity’s total assets of Ksh1.44 trillion, regulatory filings show.

KCB takes mantle as Eastern Africa's largest bank with Ksh1.55 trillion assets - Dhahabu KCB Bank is now Eastern Africa’s largest bank by asset size on the back of an aggressive expansion of foreign subsidiaries. KCB’s total assets stood at Ksh1.55 trillion in the year ending December, compared to Equity’s total assets of Ksh1.44 trillion, regulatory filings show. However, KCB tra...

The total transaction value increased by 21.4 percent to Ksh35.86 trillion.

Kenyans transacted Ksh36 trillion on M-Pesa last year - Dhahabu By Elijah Odhiambo Kenyans made Ksh36 trillion worth of transactions on Safaricom’s mobile services platform, M-Pesa in the previous year, according to certified figures for the Financial Year ended March 2023 . The total transaction value increased by 21.4 percent to Ksh35.86 trillion, and the vo...

Absa customers will receive up to a 20 percent discount on Maisha membership for air and ground evacuation services.

Absa Bank, AMREF Flying Doctors seal deal on emergency medical services - Dhahabu By Elijah Odhiambo Absa Bank has partnered with AMREF Flying Doctors to provide Maisha Membership at a special rate to its clients in the Eastern African region. The scheme provides access to fast, affordable, and quality air and ground evacuation services in the event of a medical emergency. As par...

It noted that their three leading brands – Ford, Suzuki and Mazda terminated their distributorship contracts, making it difficult to continue operating normally.

CMC declares massive redundancies as it shifts focus to the agricultural sector - Dhahabu CMC Group has declared massive redundancies of 169 employees including the Group Chief Executive, shining spotlight on poor business environment. In a notice dated 24th April, the company cited ‘considerable decline in passenger vehicle business due to poor economic conditions, slow growth in the ...

The festival will be headlined by Boyz II Men.

Stanbic Yetu Festival regular tickets to cost Ksh8000 - Dhahabu Stanbic Bank in partnership with Radio Africa will hold the second edition of the Stanbic Yetu Festival on June 10th, 2023, in Nairobi with regular tickets costing Ksh8,000 The festival will be headlined by Boyz II Men – one of the most iconic R&B groups in the music industry’s history. The grou...

It looks like investors are looking for safer investments options in other markets after an unfavorable run at the exchange.

NSE market capitalization drops to Ksh1.75 trillion - Dhahabu By Elijah Odhiambo The Nairobi Securities Exchange (NSE) lost Ksh229 billion in investor capital in the three months ending March 31 2023, citing the loss to investors looking for safer investments options in other markets after an unfavorable run at the exchange. The NSE market capitalization decre...

Customers will receive an SMS with a link through which they can track their orders once shipped.

Shopzetu customers to buy goods directly from M-PESA Mini App - Dhahabu Safaricom (NSE: SCOM) and Shopzetu have partnered to launch the Shopzetu Mini App on the M-PESA Super App allowing customers to shop and pay for women and men’s fashion across more than 200 vendors within the app. Shopzetu will then dispatch and deliver items to customers countrywide within three ...

The lender announced that it had reduced the rate from 14 to 13 percent per year, beginning April 1.

Co-operative bank cuts interest rates targeting salaried borrowers - Dhahabu By Elijah Odhiambo Cooperative Bank has achieved another first in Kenya’s banking sector after cutting interest rates charged on personal loans and asset financing in a move targeting select salaried borrowers such as civil servants who have a good repayment history. The lender announced on Thursd...

Session Blue Contractors in the case filed before the High Court state that Avenue hospital has failed to honor payments after they were contracted to expand and refurbish the hospital’s Garden City Clinic

Petitioner files insolvency case against Avenue Hospital - Dhahabu A petitioner has sought to wind up Avenue Hospital for failure to pay them over Ksh22 million it incurred by September 2022. Session Blue Contractors in the case filed before the High Court state that the hospital has failed to honor payment after they were contracted to expand and refurbish the hos...

The Huawei routers will now retail for Ksh6,999 from Ksh10,999.

Safaricom slashes Wi-Fi router prices by half - Dhahabu By Elijah Odhiambo Subscribers to Safaricom network are set to enjoy cheaper Wi-Fi routers after the telco cut prices by nearly half, in a move to increase home internet connectivity in the country. “This end month, jibambe na 4G Wi-Fi! Enjoy a 40 percent price drop on Safaricom 4G Wi-Fi routers a...

To access the service, customers can click ‘Start’ on the self-checkout counter’s digital screen, scan their items using the barcode reader and complete the purchase by tapping on ‘Finish & Pay’.

Carrefour unveils Kenya’s first self-checkout service - Dhahabu Carrefour has launched a self-checkout service in its Nairobi Westgate Mall store, giving customers the option to shop and complete purchases without the assistance of cashiers at the cash counter, saving time and avoiding inconveniences caused by long queues. Christophe Orcet, Regional Director –...

“The time is right for a female Secretary-General, and I will be looking for support,’ she said.

Nancy Karigithu seeks to be first female and first African IMO Secretary General - Dhahabu By Elijah Odhiambo With the tenure of the International Monetary Organisation (IMO) Secretary General Kitack Lim ending this year, Nancy Karigithu, currently Kenya’s Ambassador and Special Envoy for Shipping and Blue Economy, has been nominated to battle it out for his replacement even as the agen...

The company stated that the performance was driven by their focus on customer experience, performance management, operational efficiency, digital transformation, research and innovation, cost competitiveness and debt management among others.

CIC Insurance records 112 percent growth in profit before tax - Dhahabu CIC Insurance Group has recorded a profit before tax of Ksh2 billion for the year ended December 2022 compared to the profit before tax of Ksh960 Million recorded in 2021 representing a 112 percent growth. The company stated that the performance was driven by their focus on customer experience, perf...

This will be Zoho’s first physical office in Kenya.

Zoho expands presence in Kenya with new office - Dhahabu Zoho has opened its new office in Westlands, Nairobi to cater to its growing customer base in Kenya. The office, which is currently undergoing renovations, will be ready for operations in April and also house a modern training center for Zoho’s customers and partners. This will be Zoho’s first p...

According to the association, over eight tanneries have shut their operations in the country in the last seven years due to high cost of doing business and lack of appropriate government policies to streamline the leather Industry.

Tanners seek government intervention to revive leather Industry - Dhahabu By Elijah Odhiambo The Tanners Association of Kenya have decried high cost of doing business that has paralysed operations of leather industries in the country, seeking government intervention to help save the situation. According to the association, over eight tanneries have shut their operations i...

The new service called the Super Priority Visa Service is believed to make service delivery become seamless and efficient to customers.

Kenyans to get UK Visa in 15 days - Dhahabu By Elijah Odhiambo Kenyans applying for a United Kingdom Visa will now have their applications processed and returned within 15 days following the launch of the UK Visas and Immigration’s (UKVI) upgraded Visa Application Center. Ms. Dominique Hardy, head of the UK Visa & International Network, for...

Hela Kenya, established in 2016, is the largest manufacturing facility within the Hela Group and employs over 4,000 people.

Norfund invests US$14 Million in Hela Apparel Holdings - Dhahabu Norfund, the Norwegian government’s investment fund, signed a US$14 million financing agreement with Hela Apparel Holdings to bolster the development of its manufacturing operations in East Africa. “Our expansion to Africa has been a rewarding venture, and we continue to see many opportunities w...

In an open tender system, EPRA awards tenders to the lowest bidder to bring in LPG into the country in a monthly or quarterly basis.

Kenya to introduce open tendering for LPG - Dhahabu The Kenyan government is mulling introducing open tendering for liquefied petroleum gas (LPG) as it seeks to infuse competition in the sector and reduce the cost. In a meeting, Energy Cabinet Secretary Davis Chirchir stated that 75 percent of LPG is brought into the country by one supplier, yet the....

Showfa drivers and riders will be required to pay a weekly or monthly fee of up to Ksh300.

Showfa, commission-free taxi app launches in Kenya - Dhahabu By Elijah Odhiambo The taxi business in the country has received a major boost with the launch of a new subscription-based taxi-hailing app, Showfa. On the new platform that was officially recently, cab drivers and motorbike riders will be required to pay a one-off daily or monthly subscription, unl...

The former Gatundu South lawmaker described the ministry as bad news citing poorly inherited key performance indicators.

Trade ministry to revitalize foreign direct investment in Kenya - Dhahabu By Elijah Odhiambo The Cabinet Secretary for Investment, Trade, and Industry, Moses Kuria has said his ministry has been forced to build everything from scratch as the docket inherited Ksh500 million dollars stuck in the foreign-direct investment, discouraging investors in the country. Speaking duri...

George, a seasoned banker, is the outgoing MD BPR Bank Rwanda Plc since its inception last year, following the merger between KCB Bank Rwanda Plc and Banque Populaire du Rwanda.

National Bank appoints George Odhiambo as the Managing Director - Dhahabu The National Bank of Kenya (NBK) Board of Directors has appointed George Odhiambo as the Managing Director, ending the term of Peter Kioko, the Finance and Strategy Director who has been acting since June 2022. George, a seasoned banker, is the outgoing MD BPR Bank Rwanda Plc since its inception las...

According to the report, the Gen Z rarely depend on bloggers, online news websites and hearsay from family and friends to get news.

How Gen Z consumes news - Dhahabu By Elijah Odhiambo A new survey by the Media Council of Kenya (MCK) had revealed that the young people, ages between 18-24 years fully rely on legacy media platforms such as television, radio, and digital platforms such as social media, for information, dismissing a perception that they hardly consu...

The framework will prioritize processing of applications from Green Channel applicants with minimal verification subject to post payment audit.

KRA tips Green Channel to ease VAT refunds - Dhahabu The Kenya Revenue Authority (KRA) has tipped the Green Channel to hasten VAT refunds, thereby eradicating bottlenecks and creating a more conducive environment for business. Speaking during the Ninth Tax Round Table meeting with members of the Kenya Private Sector Alliance (KEPSA), KRA Commissioner....