Keep up to date with business developments and opportunities in the region.
A key power line linking Kenya to Zambia through Tanzania is set for completion in November 2025, raising hope for cross-border electricity imports and exports among nations covered by the high-voltage grid. The Tanzania Electric Supply Company (Tanesco), the country’s power utility, confirmed that the 400 kilovolt (kV) Tanzania-Zambia line will be completed in November…
mTek and Britam have formed an alliance with Buy Simu to offer insurance for phones in Kenya and extend coverage for phone products in the country. According to Mtek’s CEO, Bente Krogmann, offering insurance reduces instances of defaults resulting in phone losses or damages, and thus reinforces customer satisfaction and enhances customer retention rates. “The…
Motorists plying the Mai Mahiu-Suswa/Narok highway were Monday advised to seek alternative routes after debris was swept into the roads following Sunday night’s heavy downpour. The Kenya National Highways Authority (KENHA) has issued an alert saying motorists should brace for heavy traffic along the said roads as they are impassable at the moment. “The Kenya…
The demographic transition may be the biggest opportunity for the economies of sub-Saharan Africa, but will only be able to enjoy the dividends if they make sufficient investment in education. The 2024 Fiscal Monitor by the International Monetary Fund (IMF) shows that a percentage increase in education spending can boost medium-term GDP by as much…
Kenya is among eight African nations expected to benefit from South Korea’s K-rice belt initiative aimed at providing farmers with quality rice varieties and sharing top-notch farming know-how. This is expected to take centre stage at the planned South Korea-Africa Summit slated for June 4 to 5 in Seoul. Kenya’s president William Ruto has already confirmed…
A former Boeing employee, who was found dead in March, accused the company of “countless” violations of US law in testimony given just before his death. John Barnett claimed the firm tried to “eliminate” quality inspections at a plant that makes 787 planes. The former quality control manager had been giving a formal legal deposition…
A groundbreaking transformation is underway in Kisumu city with the introduction of the Lumumba estate affordable housing project, valued at Sh5.2 billion. This initiative marks a significant step towards addressing the pressing housing challenges in the lakeside city. With plans for similar projects across four subcounties in Kisumu, this plan promises to reshape the housing…
Kenya’s journey to becoming a global industrial powerhouse is on course, President William Ruto has said. He cited the current robust investor confidence, saying it is attracting substantial foreign and local investments and elevating the country’s industrial agenda. “Our Special Economic Zone programme is coming of age, vindicating its driving visionof mobilising private investment as…
Former Treasury CS Ukur Yatani has been arrested. The arrest comes after detectives from the Ethics and Anti-Corruption Commission conducted major raids on his home and that of Marsabit Governor Mohamud Ali. The raids were conducted at their Nairobi and Marsabit homes. Yattani served as Marsabit governor before being appointed CS by Former President Uhuru…
What’s more important for success – IQ or EQ? Do you need one or both; and what’s the right mix? How should you even define success nowadays? Profit, sustainability? Where do community and diversity fit in? There’s no doubt that leaders, managers and employees are all being judged by a new yardstick. Not just by…
