Business

 The Safaricom Board has today announced that it has approved the payment of an interim dividend of Ksh. 0.55 per ordinary share for the year ending 31st March 2025. The board resolved this at a meeting held on 12th February 2025, it was resolved to approve. The interim dividend will be payable to Safaricom shareholders
The post Safaricom shareholders to receive an interim dividend of Ksh. 0.55 per share appeared first on HapaKenya. Read More

 Madica has announced its latest round of investments in four tech-enabled startups which include Medikea, Motherbeing, Pixii Motors and ToumAI. Madica is a structured investment program designed for pre-seed stage startups in Africa. Each startup has received an investment of up to $200,000 and will participate in Madica’s investment program. This includes 18 months of
The post VC program Madica invests $800k in 4 startups in Egypt, Morocco, Tanzania, and Tunisia appeared first on HapaKenya. Read More

 I&M Bank has reduced its Kenya Shillings loan interest rates further by 2% effective 01/03/2025. This reduction is subject to a customer risk profile. This brings the total reduction in lending interest rates to 2.75% in recent months. This is in response to the Central Bank of Kenya’s (CBK) recent decision to lower the Central
The post I&M Bank reduces loan interest rates by 2% appeared first on HapaKenya. Read More

 A new report by Old Mutual reveals that 70% of Kenyans saw a decline in their incomes in 2024, with nearly half (47%) of the country’s working population reporting significant stress, including physical and mental health impacts. The second edition of the Old Mutual Financial Services Monitor (OMFSM), launched today in Nairobi, explores the financial
The post 70% of Kenyans are facing financial stress according to Old Mutual survey appeared first on HapaKenya. Read More

 Equity Bank has announced a reduction in interest rates on all new and existing Kenya Shilling-denominated credit facilities for all loans. The reduction on loans will be effective February 13th, 2025 and from 1st March for existing loans. This follows the recent decision by the Central Bank of Kenya’s Monetary Policy Committee (MPC) to cut
The post Equity Bank lowers interest rates for loans to 14.39% appeared first on HapaKenya. Read More

 Valentine’s Day is just around the corner, drumrolls, and many are scrambling to find the perfect gift for their loved ones, be it a partner, family or friends. When it comes to gifting, it is easy to focus on tangible things such as thoughtful presents, flowers and grand gestures. While these are certainly a classic
Best gift to give your loved ones on Valentine’s Day first appeared on Bizna Kenya Read More

 Britam General Insurance has settled a Ksh. 71,143,016 compensation claim for Limuru Country Club following the fire that razed its clubhouse on January 4, 2025. The fire, which was suspected to have originated from embers escaping the fireplace in the main bar area, caused extensive damage to the clubhouse, which was insured under Britam’s Fire
The post Britam Insurance pays Ksh. 71 million fire claim to Limuru Country Club appeared first on HapaKenya. Read More

 Owning a home is a long-term investment and the ultimate financial goal many people aspire to achieve. Becoming a homeowner can come with a lot of responsibility, but can also come with a lot of rewards. From stability and security to financial advantages and a sense of personal freedom, the benefits of owning a home
Building in the village vs building in the city: Where should you own a home? first appeared on Bizna Kenya Read More

 Absa Bank Kenya is taking its Absa Business Club members to Estonia and Finland for a series of business engagements designed to unlock new trade and investment opportunities. The initiative, organised in collaboration with Golden Connections International, aims to connect Kenyan businesses with their European counterparts, fostering valuable business relationships and potential collaborations. The trip
The post Absa Bank is taking its customers for business engagements in Estonia & Finland appeared first on HapaKenya. Read More