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Network International (Network), a leading enabler of digital commerce across the Middle East and Africa (MEA) region, has launched innovative in-person payment solutions in Kenya, as part of its plans to transform payment across Africa.
“Launching our point-of-sale solutions is part of our strategy to enter the in-person payments market in Kenya. As a...
Sinotruk, known for its affordable quality trucks in the tipper and prime mover segments, is expanding its offerings by introducing light and medium duty vehicles aimed at strengthening its market dominance across the segment.
The trucks which include the Sinotruck H2 (light duty) and H3 (medium duty) models are set to revolutionize the transportation...
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High Court in Nairobi rejects Paradigm Initiative’s bid to join Data Protection Case as Friend of Court
Staff Writer -
An application by Paradigm Initiative (PIN) to participate in a data protection case against X Corp (formerly Twitter) as an Amicus Curiae (Friend of the Court) has been dismissed by the High Court in Nairobi.
In the case before the court, the petitioner, Felix Kibet, sued X Corp, the Attorney General, the Communication Authority...
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STANBIC POSTS PROFIT AFTER TAX (PAT) OF KES 6.5 BILLION, RAMPS UP CLIENT SUPPORT
Staff Writer -
Stanbic Holdings Plc (“the Company”) has posted a Profit After Tax (PAT) of KES 6.5 billion and delivered a return on equity of 17.4% in the half year ended 30th June 2025.
Stanbic Holdings PLC’s performance for the period was underpinned by resilient non-interest revenue generation and lower credit impairment charges, which helped cushion...
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KCB Group Plc to Pay KShs.13B in Dividends as Net Profit Grows 8% to KShs. 32.3B
Staff Writer -
KCB Group PLC delivered strong financial results in the first half of 2025 driven by growthin earning assets, amid a difficult operating environment.The Group sustained its focus on deepening and leveraging regional scale to catalyseongoing economic transformation and deliver value to shareholders, customers and otherstakeholders.As a result, the Board of Directors has recommended an interim dividend of...
KCB Bank has signed agreements with 29 public and private universities to provide tailored financing and digital solutions aimed at supporting infrastructure development, operations, and financial access for staff, students, and suppliers.
The initiative will offer project finance, working capital, and digitized payment systems for institutions, alongside salary advances, mortgages,...
Motor dealer Isuzu East Africa has opened a Sh3.1 billion parts distribution centre (PDC) in Lukenya, Machakos County, aimed at boosting access to genuine vehicle parts and improving logistics across the region.
Located along Mombasa Road, the new facility is expected to serve dealers, stockists, mechanics, and vehicle owners, supporting the company’s aftersales support...
Artificial intelligence start-up Perplexity AI has made a surprise $34.5bn (£25.6bn) takeover bid for the world’s most popular web browser, Google Chrome.
The three-year-old firm, whose backers include Amazon founder Jeff Bezos and chip maker Nvidia, is headed by a former Google and OpenAI employee.
But one technology industry investor called...
From Left to Right: Equity Group Chief Internal Auditor, Beth Kithinji, Equity Group Managing Director and CEO, Dr. James Mwangi, and Daniel Kimotho, a Shareholder, during the Half Year 2025 Investor Briefing event. Equity Group Holdings posted a 17% growth in Profit After Tax to Kshs. 34.6 billion up from Kshs. 29.6 billion...
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Airtel, Vodacom sign network infrastructure agreement to drive digital inclusion
Staff Writer -
Airtel Africa and Vodacom Group have announced a strategic infrastructure sharing agreement in key markets, including Mozambique, Tanzania and the Democratic Republic of Congo (DRC), subject to regulatory approvals in the various countries.
The agreement marks a transformative milestone in promoting digital inclusion and expanding access to reliable connectivity across Africa.
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AIRTEL KENYA CROSSES THE 24 MILLION CUSTOMERS MARK AS NETWORK EXPANSION CONTINUES
Staff Writer -
Airtel Kenya has crossed the 24 million subscriber mark through its network campaign as expansion plans continue.
This achievement, highlighted in the latest Communications Authority of Kenya (CA) sector statistics report, reflects growing public trust in Airtel’s commitment to serve all Kenyans, from urban centres to the most remote parts of the country.