Business

Qatar Airways Retains Skytrax ‘Airline of the Year’ Title for 9th Time

Qatar Airways has once again been named the ‘World’s Best Airline’ by the prestigious international air transport rating organisation, Skytrax, retaining the top position for a record-breaking ninth time. Qatar Airways says the achievement reaffirms its steadfast commitment to delivering excellence across every touchpoint of the travel experience. In addition to securing the airline industry’s […]

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CFAO Mobility Kenya & Almasi Financial Services to Offer Sharia-compliant Financing

CFAO Mobility Kenya and Almasi Financial Services have partnered to give their customers access 90% financing to purchase commercial vehicles at very convenient rates and payable within 60 months. The deal is expected to boost the transport and logistics sector by providing entrepreneurs with affordable access to heavy commercial trucks, through a Sharia-compliant finance partner.

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LemFi acquires fintech Pillar, to launch credit cards for immigrants

LemFi, an international payment services startup based in London, has acquired Pillar, a UK-based fintech focused on credit access for immigrants, in a strategic move that will transform financial services for immigrants. This acquisition paves the way for LemFi to launch specialised credit cards designed especially for immigrant communities, addressing one of their most persistent

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Twiga to Let Go of Over 300 Employees in Great Pivot

Twiga, the Kenyan agritech and retail distribution company, which has been restructuring and pivoting to profitability, has reportedly let go of over 300 employees to achieve its ‘NewCo’ dream. According to a report by pan-African tech publication TechMoran, “The company intends to declare financial distress, file a manufactured bankruptcy, fire over 300 employees, transfer assets

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Kenya Unveils Ksh 4B National Sugar Sector Support Plan

Kenya has unveiled an annual Ksh 4B National Sugar Sector Support Plan to support sustainable growth across the entire sugar industry, not just a single player. The national Ksh 4 billion annual investment plan is funded through the Sugar Development Levy (SDL) and was unveiled by the Agriculture and Livestock Development Cabinet Secretary Hon. Mutahi

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Kenya Tapping the $6.3 Trillion Global Wellness Economy

Kenya has reaffirmed its ambition to be Africa’s premier wellness tourism hub, targeting an influx of both regional and international visitors seeking holistic, nature-immersive experiences. Kenya Tourism Board (KTB) CEO June Chepkemei underscored the board’s commitment to mainstream wellness offerings as a strategic growth area for the hospitality and tourism sector. Kenya has great potential

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Del Monte Joins the Prestigious United Nations Global Compact

Del Monte Kenya has officially joined the United Nations Global Compact, the world’s largest corporate sustainability initiative. As a member of this prestigious network, Del Monte Kenya becomes part of a global network of over 23,000 companies and 4,000 non-business participants dedicated to building a more sustainable, inclusive, and responsible future. Confirming the news, Del

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Pesapal, RACK partner to digitize small businesses

Pesapal, an East African payments and financial services provider, has partnered with RACK to enable businesses across East Africa to manage their sales, inventory, payments and taxes on a single point-of-sale solution. The two firms say that, despite advances in technology, many small and medium-sized enterprises still rely on outdated tools, such as handwritten receipts,

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Tatu City and Stanbic Bank Partner to Make Property Ownership Easier for Kenyans

Partnership opens doors for more Kenyans and diaspora investors to own homes in Kenya’s new city Tatu City and Stanbic Bank Kenya have partnered to make property ownership more accessible for Kenyans and the diaspora community through flexible and reliable financing solutions. The agreement, formalized through a Memorandum of Understanding, enables prospective homeowners to access

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