The Kenyan insurance industry has taken a significant step toward operational efficiency and compliance with the latest tax and regulatory standards. Kenya Reinsurance Corporation (Kenya Re), in collaboration with the Insurance Regulatory Authority (IRA), the Kenya Revenue Authority (KRA), and Deloitte, hosted a transformative workshop aimed at equipping finance teams and chief finance officers (CFOs) […]
GA Insurance Limited, a leading insurance provider in Kenya, has announced its membership in the African Natural Capital Alliance (ANCA) and its signing of the Nairobi Declaration on Sustainable Insurance (NDSI). These strategic moves affirm GA Insurance’s commitment to sustainability and position it as a pioneer in advancing sustainable insurance practices across Africa. The African […]
The Hub Karen, Nairobi’s premier shopping and lifestyle destination, has set a new benchmark for family entertainment with the launch of The Hub Park, the largest indoor play area in East Africa. Officially opened on November 29, 2024, this state-of-the-art entertainment center spans an impressive 3,200 square meters and is designed to offer immersive experiences […]
Moringa School, Kenya’s leading tech education institution, marked a significant milestone on November 29, 2024, with a vibrant graduation ceremony held at the Visa Oshwal Center, Nairobi. This year’s event, themed “Code. Create. Conquer: Redefining Tomorrow’s Tech Landscape,” celebrated the achievements of 1,644 graduates poised to make a lasting impact on the global tech industry. […]
The World Bank Group has launched a High-Level Advisory Council on Jobs, a global initiative aimed at tackling one of the most pressing issues of our time: job creation. Launched during the 2024 World Bank Group-IMF Annual Meeting in Washington, DC, the council brings together thought leaders and practitioners to address the significant employment challenges […]
Tatu City, Kenya’s first mixed-use Special Economic Zone (SEZ), has been appointed as the Regional Office and National Contact Point for the World Free Zones Organization. This prestigious appointment acknowledges Tatu City SEZ’s pioneering efforts in promoting SEZ development and driving economic transformation within East Africa and beyond. This announcement was made during the 9th […]
I&M Bank, a leader in Kenya’s financial sector, has unveiled an innovative loyalty program, I&M Milele Rewards, in collaboration with Mastercard. This enhanced program builds on the success of the bank’s previous loyalty initiative, which rewarded debit and credit cardholders with cashback on Point-Of-Sale (POS) and e-commerce transactions. Milele Rewards, however, takes customer engagement to […]
The Kenya Bureau of Standards (KEBS), the statutory body responsible for setting and enforcing standards in the country, has issued critical updates regarding the importation of used and second-hand motor vehicles. This announcement impacts importers, returning residents, and even diplomatic staff who plan to bring vehicles into Kenya. Effective 1st January 2025, these new guidelines […]
NCBA Group PLC has announced a profit after tax of KES 15.1 billion for Q3 2024, marking a 3% increase compared to KES 14.6 billion in the same period last year. Despite a volatile operating environment, the Group demonstrated resilience and continued strong performance. NCBA Group Managing Director, John Gachora, highlighted the growth in fee-based […]
BIC, a global leader in stationery, lighters, and shavers, marked Global Education Week 2024 with impactful community engagement in Nairobi, Kenya. Partnering with Mwiki Primary School in Githurai, BIC undertook renovations aimed at creating a vibrant and inspirational learning environment. This initiative is part of BIC’s commitment to improving educational conditions and supporting students’ academic […]
