In the latest Treasury bills auction conducted by the Central Bank of Kenya (CBK), the results highlighted significant developments in the country’s financial markets. The auction, which involved 91-day, 182-day, and 364-day Treasury bills, showcased both the increasing demand for short-term government securities and the rising interest rates that are reshaping the investment landscape. High […]
In today’s rapidly digitalizing world, many young adults are struggling with mental health challenges exacerbated by constant screen time and digital interactions. The pressures from social media, academic expectations, and the transition to adulthood significantly contribute to this mental health crisis. Research, including a study by the National Library of Medicine, indicates that adolescents who […]
Prime Cabinet Secretary Dr. Musalia Mudavadi has announced that Kenya plans to build its first nuclear power plant by 2034 as part of the country’s commitment to advancing clean energy. In addition to the power plant, a research reactor is scheduled to be commissioned by the early 2030s. This initiative, set to begin in 2027, […]
New search trends released by Google reveal a significant increase in the interest and exploration of artificial intelligence (AI) among Kenyans. According to the data, searches related to AI in Kenya have more than doubled (+150%) compared to the same period last year, marking a record high both globally and within the country. Kenya now […]
Kim-Fay, a prominent manufacturer and distributor of hygiene, tissue, and home care products in East Africa, has secured significant funding from the Norwegian Investment Fund for Developing Countries (Norfund) and I&M Bank. This funding will support the construction of a new facility at Tatu City, a 5,000-acre mixed-use Special Economic Zone located near Nairobi. Funding […]
Safaricom has announced the final five winners of its Shine Kenya Shinda Mamilii Kama Bingwa promotion, a campaign designed to reward customers with daily and weekly cash prizes, including data bundles. The five winners were celebrated for their luck and contribution to their communities, receiving both personal and community-oriented prizes. Meet the Final Five Winners […]
Rosslyn Riviera Mall has officially reopened its doors after a major revamp, promising a refreshed and vibrant shopping experience along Nairobi’s upscale Limuru Road. With a host of new features, amenities, and curated events, the mall is set to become a top destination for shoppers and leisure seekers alike. A New Era for Rosslyn Riviera […]
TikTok is ramping up its commitment to online safety in Sub-Saharan Africa with the launch of its first-ever Safety Advisory Council and the expansion of its #SaferTogether community education campaign. The announcement, made during TikTok’s Safety Summit in Nairobi, Kenya, underscores the platform’s dedication to creating a secure and positive environment for its users by […]
In a significant move poised to reshape Ruaka’s real estate landscape, Mi Vida, a leading property developer, has officially launched the sale of its much-anticipated KEZA Laika units. This development offers 1, 2, and 3-bedroom apartments, combining modern sophistication with affordability, catering to home investors seeking a tranquil lifestyle away from Nairobi’s hustle and bustle. […]
Standard Chartered Bank Kenya Limited has announced an impressive financial performance for the first half of 2024, showcasing robust growth despite a challenging economic landscape. The bank’s profit before tax surged by 50% to KShs 14.5 billion, underscoring the effectiveness of its strategic initiatives and strong operational discipline. CEO Kariuki Ngari expressed confidence in the […]
