Latest posts
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86% of Kenyan Consumers Likely to Buy Products Carrying Superbrands Seal, New Study shows
Kenyan consumers are increasingly placing their trust in brands that demonstrate quality, reliability and consistency, with new research showing that 86 per cent are likely to purchase products or services carrying the Superbrands seal. According to research findings released by Superbrands East Africa on November 4, 2026, following an independent consumer study conducted by Kantar,…
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Mogo, ZTE Team Up to Expand Access to Affordable Smartphones in Kenya
Mogo Kenya has partnered with RSC Limited, the national distributor of ZTE smartphones in Kenya, to expand access to affordable smartphones through a financing arrangement that allows customers to acquire devices with an initial deposit of KES 2,500 and daily repayments of KES 100. The partnership will see ZTE smartphones integrated into Mogo’s device financing…
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Kenya’s Millers Recognised for Food Fortification Excellence at 2026 KMFI Awards
The Cereal Millers Association (CMA), in partnership with TechnoServe through the Millers for Nutrition initiative, has today held the third annual Kenya Millers Fortification Index (KMFI) Awards, recognising milling companies making progress in food fortification, quality assurance and manufacturing excellence. Held at Aurora Bustani in Thika, under the theme: From Quality to Trust: Partnering for…
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Yellow Card’s global expansion earns it second consecutive Money20/20 award
Yellow Card’s push beyond emerging markets is gaining international recognition, with the stablecoin infrastructure company winning the Diamond category at the 2026 Money Awards in Las Vegas. The award, presented on October 18 during Money20/20 USA, gives the company consecutive wins at the event after taking the Grand Prix in the Payments category in 2025.…
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MultiChoice cuts DStv prices to KES 750-7,300 in Kenya
MultiChoice Group, a Canal+ company, will cut the number of its DStv packages in Kenya to four and introduce a new entry-level offering at 750 shillings ($5.80) a month as it seeks to make its pay-TV service more accessible to consumers. The new packages will take effect from Nov. 5, replacing the existing six-package line-up…
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Safaricom targets 1 million Kenyan merchants with new M-PESA overdraft
Safaricom has launched a new overdraft facility for qualifying Pochi La Biashara merchants, extending its mobile money credit business to small traders seeking short-term financing to manage inventory purchases, supplier payments and daily operating expenses. The product, Fuliza Ya Pochi, will allow eligible merchants to complete transactions even when their available balances are insufficient. Safaricom…
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SBM Bank Kenya finances $4.44 million fleet expansion for logistics firm
SBM Bank Kenya has financed a $4.44 million fleet expansion for Beyond Continents Logistics Ltd., enabling the logistics firm to acquire 50 heavy-duty trucks to support cargo transportation across East Africa. The acquisition comprises 50 Shacman prime movers fitted with Bhachu trailers, which the company expects to strengthen its haulage capacity as regional trade and…
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Nedbank completes $856 million deal for 66% stake in Kenya’s NCBA
South Africa’s Nedbank Group has completed its acquisition of a 66% controlling stake in Kenya’s NCBA Group in a deal initially valued at $856 million, expanding its presence in East Africa and linking its Southern African operations with one of the region’s largest banking groups. The transaction follows regulatory approvals and makes NCBA a subsidiary…
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Kenya raises fuel prices as Middle East conflict drives up import costs
Kenya has raised retail fuel prices for the next 30 days, with kerosene recording the largest increase, as higher petroleum import costs linked to the Middle East conflict put pressure on consumers and businesses. The Energy and Petroleum Regulatory Authority (EPRA) increased the maximum price of super petrol in Nairobi by 12.93 shillings to 226.96…
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Bolt launches Bolt Plus, paid membership in Kenya to boost customer retention
Ride-hailing company Bolt has launched Bolt Plus in Kenya, offering cashback on rides, free delivery and priority services for KSh 280 ($2.17) a month or KSh 899 a year, as it seeks to improve customer retention. New subscribers get their first month free, followed by six months at an introductory rate of KSh 119 a…