Category: Business
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Business is a battlefield, not a picnic. Yet many who call themselves entrepreneurs walk into it expecting applause instead of bruises. They confuse the glamour of titles with the grit of trenches. The truth is simple but brutal: you can beat 99% of people if you can master the shame of rejection, the boredom of…
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Electric vehicle (EV) sales in the United Kingdom reached a record high in September, according to the latest data from the Society of Motor Manufacturers and Traders (SMMT). Sales of pure battery electric vehicles (BEVs) surged by nearly a third to 72,779 units, while plug-in hybrid vehicles recorded even faster growth. Together, electric and hybrid…
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Deputy President Rigathi Kindiki has reaffirmed the government’s resolve to root out cartels in the tea sector to ensure farmers receive higher bonuses following this year’s disappointing payouts. Speaking during the Kipkelion East Economic Empowerment Forum in Londiani, Kericho County on Saturday, Kindiki said it was unacceptable that farmers were earning less despite the tea…
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Prof Victor Murinde. The Africa Economic Research Consortium (AERC) is urging policymakers to prioritise access to available and affordable clean cooking energy, especially for women in rural areas, after new research revealed stark gender disparities worsened by global shocks. The study, “Gendered Differences in Household Cooking Coping Strategies for the Russia-Ukraine War in Kenya,” shows…
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Frankline Okata. Safaricom Business on Thursday convened more than 50 top IT and security executives for an exclusive session on strengthening enterprise resilience amid escalating cyber threats. Held as part of Cybersecurity Awareness Month, the event offered participants a firsthand look at Safaricom’s Managed Security Operations Centre (MSOC), which enables organisations to detect, prevent, and…
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Samia Suluhu and William Ruto. PHOTO/COURTESY Kenyan business owners operating in Tanzania will not face disruption under the recently announced Business Licensing (Prohibition of Business Activities for Non-Citizens) Order, 2025, following clarifications secured through bilateral talks. The announcement came after discussions between officials from Nairobi and Dodoma, who reached common ground on how the order…
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Ethiopis Tafara, IFC Vice President for Africa, with Jess Chonzi, Regional Industry Manager for the Financial Institutions Group in Eastern Africa. PHOTO/COURTESY Nairobi is emerging as a central hub in the International Finance Corporation’s (IFC) bold plan to mobilise Sh2.2 trillion across Africa’s private sector, aimed at creating jobs and fostering sustainable growth. At a…
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Patrick Lumumba, Dennis Njau and Linda Onyango. PHOTO/COURTESY A new chapter for women-led enterprises in Kenya’s agri-food sector began this week as NCBA, alongside the African Guarantee Fund (AGF), AFAWA, Unga Group, and SME Support Centre, launched the NCBA–AFAWA WSMEs Acceleration Program. The initiative has welcomed 38 businesswomen from the agri-food supply chain, human food…
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Africa is attempting something few regions have dared to do in public view — unwind its dependence on the U.S. dollar without pretending the transition will be clean, ideological, or purely technological. The shift is happening on two tracks. One is being laid quietly by banks and multilateral lenders in the form of regional settlement…
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PUBG Mobile has launched a Campus Ambassador Program in Kenya and Nigeria, marking a push to capture Africa’s student market as the global gaming giant rolls out its Version 4.0 update. The initiative allows university students to organize on-campus tournaments, promote the game through content creation, and earn up to $500 a month. PUBG is…