Category: Business
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Tetra Pak is a world leader in food processing and packaging solutions, with a mission centered on making food safe and available everywhere. The company is guided by a strong commitment to protecting what is good—protecting food, protecting people, and protecting the planet. Through this mission, Tetra Pak impacts millions of people’s lives every single…
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Cytonn Asset Managers Limited (CAML) is a regulated fund manager by the Capital Markets Authority (CMA) and the Retirement Benefits Authority (RBA). The firm also holds a license as a Real Estate Investment Trust (REIT) Manager under the Capital Markets Authority. The organization’s core objective is to consistently deliver superior risk-adjusted investment returns to its…
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The telecommunications industry continues to grow rapidly in Kenya, driven by increased demand for reliable internet solutions and innovative communication services. To sustain this growth and extend quality services to more customers, a sales team is being expanded to include committed and performance-driven individuals who can directly engage with clients and promote Faiba Fixed products…
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Some of the gas cylinders that were distributed during the last project/COURTESY The government has announced the revival of its subsidised gas cylinder distribution programme, seven years after a similar project collapsed amid logistical and financial challenges. In a public notice carried in the September 9 edition of MyGov, the Ministry of Energy and Petroleum,…
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Trading in Kenya: A Look at Everyday Realities Conversations about trading in Kenya have grown louder in the past few years. People talk about it on matatus, at campus cafés, and across online forums. For some, it’s an exciting way to diversify income; for others, it’s just another buzzword floating around. Either way, trading is…
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Tanzania is entering a new energy era, and an exciting one at that. With the full commissioning of the Julius Nyerere Hydropower Project (JNHPP) in early 2025, Tanzania’s energy landscape is set to undergo a dramatic transformation. The 2,115MW facility, situated on the Rufiji River, within the Selous Game Reserve, is one of the largest…
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Standard Chartered Bank Kenya is facing one of its toughest moments in years after a landmark court decision against it sent shockwaves through the financial markets. The bank’s shares tumbled by 10% to Sh292 per share today, a sharp decline that underscores the weight of the ruling and the uncertainty it has created among investors.…
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It is not every day that a bank pays you to deposit money into your account. In most cases, customer appreciation from banks comes in the form of the occasional branded T-shirt during a roadshow, a smile during Customer Service Week, or perhaps a sweet treat at the counter. While these gestures are pleasant, they…
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The market closed the session on a mixed note with NASI and N10 declining by 0.8% and 0.2%, respectively. On the other hand, the NSE 20 gained 0.2% while the NSE 25 remained largely unchanged. Equity turnover declined to USD 4.5m (-54.3%). Local investors dominated market activity, accounting for 82.9% of the turnover levels, up…
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Kenya’s banking sector is on the verge of a technological shift that could redefine competition, profitability, and customer engagement, according to new research from Akili AI. In a survey of senior management and Board members from the country’s leading banks, over 80% agreed that generative AI will be transformative for the sector. However, adoption rates…