Category: Business
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Madison Group Limited operates through two insurance subsidiaries in life and general businesses and an Investment management subsidiary, all based at the Group Headquarters in Upper Hill, Madison House, Nairobi. Reporting to the ICT Manager, the SAP FICO Analyst is responsible for providing support for the day-to-day operations of the Madison Group SAP system and…
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Coca-Cola Beverages Africa (CCBA) is the largest Coca-Cola bottler on the continent, accounting for approximately 40 percent of all Coca-Cola volumes in Africa. The company is a market leader in the non-alcoholic ready-to-drink (NARTD) sector and operates with an extensive footprint across several African countries. With a workforce of about 14,000 employees, CCBA is deeply…
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The Central Bank of Kenya (CBK) has unveiled plans to slash and cap the fees telecom companies charge for mobile money transfers through platforms such as M-Pesa and Airtel Money. In its latest National Financial Inclusion Strategy, CBK proposes lowering the average transaction fee from the current Ksh.23 to Ksh.10 by 2028, while also capping…
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President William Ruto has declared that Kenya must end the export of raw agricultural produce and instead channel massive investment into value addition and agro-processing. Speaking on Wednesday at the official opening of the 2025 Nairobi International Trade Fair at Jamhuri Park Grounds, the President described agricultural manufacturing as the next frontier in transforming the…
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Kenya’s property market has been growing by leaps and bounds over the last two decades, making housing one of the most stable forms of investment. And as demand for homes grows — driven in part by the increased cash flow in counties — more landowners are feeling the pressure to convert agricultural land into commercial…
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Photographer: Riccardo Gangale/Bloomberg via Getty Images The Nairobi Securities Exchange (NSE) has introduced a Banking Sector Index, effective October 1, 2025. “The index underscores NSE’s commitment to innovation and the continuous development of products that meet evolving investor needs while strengthening Kenya’s capital markets.” He added that it lays a foundation for sector-focused indices and…
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Kenya recorded fewer and shorter power blackouts in the financial year ended June 2025, but the reliability of its electricity grid remains well below both national and regional standards. Even with the improvement, Kenya’s reliability indices remain among the weakest in the region. The measure of outage duration has consistently exceeded EPRA’s threshold and regional…
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Kenya Airways is facing fresh pressure from lawmakers to spell out how it intends to repay billions of shillings in government bailouts, as the loss-making national carrier leans heavily on taxpayer support to stay afloat. “KQ could not settle this debt due to cash flow pressure attributed to the impact of the COVID-19 pandemic. A…
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Kenya’s economy grew 5.0% in the second quarter of 2025, a faster pace than the 4.6% in the same period last year, supported by steady gains in agriculture, services, and a rebound in construction and mining, according to new data from the Kenya National Bureau of Statistics. Transport and storage rose 5.4%, boosted by higher…
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Kenya’s construction industry is riding on cheaper credit and stronger developer financing, with fresh data showing a sharp rebound in building activity and surging demand in the property market. “Cement consumption increased by 23.9 per cent to stand at 2,424.4 thousand metric tonnes from 1,957.1 thousand metric tonnes in the corresponding period of 2024,” KNBS says…