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Why Kenyan Content Creators, Influencers, Bloggers & Publishers Are Starving While Brands Splurge Billions Upfront To Global Tech Giants

 Kenya, a country that prides itself on its technological advancements and youthful innovation, has become a cruel playground where digital … Continued
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Safaricom shareholders to receive an interim dividend of Ksh. 0.55 per share

 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
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VC program Madica invests $800k in 4 startups in Egypt, Morocco, Tanzania, and Tunisia

 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
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I&M Bank reduces loan interest rates by 2%

 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
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70% of Kenyans are facing financial stress according to Old Mutual survey

 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
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Equity Bank lowers interest rates for loans to 14.39%

 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
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Best gift to give your loved ones on Valentine’s Day

 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
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Britam Insurance pays Ksh. 71 million fire claim to Limuru Country Club

 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
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