Author: Majira Media

BusinessCareer

Kenya’s appetite for digital content sets the stage for telecoms’ transformation

 Telecoms across East Africa face a serious challenge in the form of growing demand for digital content. In Kenya alone, despite the recent introduction of taxes, more than three-quarters (76.5%) of internet users under the age of 16 pay for digital content each month. This is the fourth-highest rate in the world after Sweden, Norway
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CDSC moves 16 Billion Safaricom shares to electronic system

 The Central Depository and Settlement Corporation (CDSC) has announced that 16 billion Safaricom PLC shares have been moved to the electronic system. The shares were previously held by Vodafone Limited and brings the total number of Safaricom shares held in electronic format within the Central Depository System (CDS) to 40 billion, representing 100% of all
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Naivasha’s Osotua Luxury Resort on auction over Sh900 million debt

 The Osotua Luxury Resort that is located in Naivasha has been put up for auction reportedly over a Sh900 million debt. The hotel which opened barely four years ago will be auctioned on Wednesday, June 11, 2025 in an auctioning that will be facilitated by Integra Auctioneering Company. According to an advertisement by Integra Auctioneering
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Family Bank opens branch in Kilifi in expansion push

 Family Bank has announced that it has opened a new branch in Kilifi County as part of expanding its national footprint. The new branch is its 96th branch in Kenya and the 9th branch in the coastal region. The new branch is located at Kilifi Plaza and will offer a range of banking services. It
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Mawingu, Microsoft partnership has connected 100,000 to the Internet in 10 years

 Mawingu is celebrating a decade of impactful connectivity through a partnership with Microsoft. It has connected nearly 100,000 people and institutions across 30 counties in Kenya, with recent expansion into Tanzania. Mawingu is a Kenyan internet service provider that serves rural and peri-urban markets in Kenya and it has recently expanded into Tanzania. It was
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HACO Industries scales its clean energy transition with second solar installation phase

 HACO Industries has supercharged its clean energy transition with the commission of the second phase of its solar energy installation for the Home and Personal Care production line. This installation consists of 311 solar panels, providing an output of 180 kWh, which will offset approximately 60% of the Home and Personal Care energy consumption. The
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First M-PESA Sokoni Festival treats customers to a day of offers & great vibes

 The first ever M-PESA Sokoni Festival was held at the Mombasa Sports Club in Mombasa County last weekend. It brought together businesses in a market-style setting to celebrate M-PESA @ 18, offered discounts to the customers that turned up. There were discounts on devices, electronics, household items, beauty and fashion products, travel packages, and more.
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Victoria Bank empowers Cheleta Primary School to combat plastic waste on World Environment Day

 Victoria Commercial Bank joined global efforts to tackle plastic waste by launching a sustainability initiative at Cheleta Primary School in Runda. This was part of this year’s World Environment Day celebrations themed #BeatPlasticPollution. In partnership with the Kenya Forest Service (KFS), the initiative aimed to raise awareness among young learners about the environmental and health
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