In today’s digital age, cyberattacks have become a persistent threat for businesses of all sizes. A single breach can not only tarnish a company’s reputation but also lead to severe financial losses and operational disruptions. While it might seem like something that only happens to large corporations, small and medium-sized enterprises (SMEs) are increasingly falling…
Recently, Bolt Kenya made headlines by awarding ten drivers Kshs 288,000 each as part of their €20,000 accelerator program. The initiative rewarded top-performing drivers who consistently provided excellent service, embodying Bolt’s commitment to improving livelihoods and enhancing the customer experience. This program, aimed at empowering hardworking individuals in Kenya’s growing gig economy, highlights a broader…
Stanbic Bank Kenya has made a bold move by entering the asset management sector with the launch of its Money Market Fund. This strategic initiative is expected to redefine the financial landscape in Kenya, offering both retail and institutional investors a chance to access low-risk, high-liquidity investment opportunities. By tapping into this sector, Stanbic is…
Introduction to REITs Real estate investment trusts (REITs) offer an exciting opportunity for Kenyan investors looking to diversify their portfolios. By pooling funds from multiple investors to purchase, manage, or finance income-generating real estate, REITs allow individuals to invest in large-scale properties without directly buying or managing them. In a country where real estate remains…
In today’s fast-changing economy, Micro, Small, and Medium Enterprises (MSMEs) are the backbone of many developing nations, including Kenya. They provide employment, stimulate innovation, and drive local economies. However, scaling up remains a challenge for many MSMEs due to financial constraints, limited access to markets, and operational inefficiencies. One solution gaining traction is digital payment…
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of many economies, particularly in developing regions like East Africa. They drive job creation, innovation, and economic growth, but they often struggle with one critical challenge: access to financing. The International Trade Center (ITC) has recognized this and has recently launched an innovative solution—the MSME Financing…
The world of internet connectivity is fast-evolving, Starlink, a division of SpaceX, is making strategic moves to expand its market presence. To accelerate adoption, Starlink recently launched rental kits, a significant shift in its strategy that could reshape the landscape of global internet access. The Push for Global Connectivity Starlink’s mission is ambitious: they aim…
Kenya Airways, a beacon of East African aviation, has reported its first profit in ten years. This milestone is a significant turn for the airline, marking a new era of hope and resilience. The aviation industry, globally hit by challenges, is now witnessing a resurgence, and Kenya Airways’ latest achievement serves as a testament to…
