Category: Business
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The past few decades have witnessed a rise of the middle class in Kenya, reshaping the country’s economic landscape. Over the years, their financial needs have evolved, and many have found that conventional banking no longer matches the complexities of their financial aspirations. And this is where the banking industry has been called to step…
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The cost of a 90-kilogram bag of beans in Kenya continues to vary widely across different markets, with prices ranging anywhere between Ksh 6,000 and over Ksh 16,000 depending on the bean variety and prevailing supply and demand dynamics. This price fluctuation has become a key concern for traders, farmers, and consumers, particularly as beans…
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In an increasingly interconnected world, our health needs are no longer confined to our home countries. Whether for business, education, leisure, or family reasons, mobility has become the norm. Yet, with greater mobility comes a greater need for medical security beyond national borders. This is where International Private Medical Insurance (IPMI) steps in—not as a…
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Founded in 1965, Del Monte Kenya has evolved into a cornerstone of Kenya’s agricultural and industrial economy, empowering millions of lives and communities for decades. As the company marks its 60th year, the story that unfolds down memory lane is one of shaping livelihoods, infrastructure, social services, and environmental practices across Murang’a, Kiambu, and beyond.…
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Henry Tanui, Financial Inclusion Fund CEO. PHOTO | Courtesy Henry K. Tanui ha been appointed as the new chief executive officer for the Financial Inclusion Fund also known as Hustler Fund with immediate effect. Tanui succeeds Elizabeth Nkukuu who has been at the helm of the fund since February 2023. Speaking during the handing over…
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PHOTO | Courtesy Saving and Credit Cooperatives have been encouraged to tap into the International Fund for Agricultural Development (IFAD), Financing Facility for remittances to reduce cost of diaspora inflows. IFADs Remittances and Inclusive Digital Finance Officer David Berno says the Ksh 2 billion facility will, among other benefits, ease the effects of the increased…
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The Intergovernmental Authority on Development (IGAD) in collaboration with GIZ and Statistics Sweden, is set to launch the second edition of the IGAD Population and Migration Statistics Report an important step toward strengthening evidence-based migration and displacement governance in the region. The report to be launched on September 4th, 2025 in Mombasa, Kenya, presents summary…
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The Kenya Electricity Transmission Company (KETRACO) says it on course to complete 29 power transmission lines across the country by 2028. The power company says the projects in the pipeline will ensure reliable and stable electricity in order to support agro-industrial zones, irrigation schemes and post-harvest storage. As of May this year, KETRACO says it…
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A new dawn awaits cotton farmers in the Coast region as two state-of-the-art ginneries in Kwale and Lamu promise to revive the cash crop and unlock fresh economic opportunities. Cotton farming in the coastal counties of Kwale, Kilifi, Lamu, and Taita Taveta is bouncing back after years of decline, thanks to two new ginneries,…
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Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has urged countries and investors to seize the opportunity of packaging tea in Kenya, saying the move will cut costs and unlock greater value for both producers and buyers. Speaking at the North America Tea Conference in South Carolina,…