Business

 The Nairobi Upper Hill Hotel has been put up for auction by the National Bank of Kenya (NBK). The hotel which  shall be sold in an auction that is set to be held on February 26, 2025 over a Sh. 447 million debt. The auctioning shall be conducted by Keysian Auctioneers. The auctioning was first
Geoffrey Muotia’s Nairobi Upper Hill Hotel put up for auction over Sh. 447mn debt first appeared on Bizna Kenya Read More

 Starlink has grown so fast in Kenya in just a few months. According to the Communications Authority of Kenya (CA), Starlink’s market share went from 0.5% in June 2024 to 1.1% by September 2024 with 8,723 new users added during that period. That’s more than the total number of users added in the past year.
The post Starlink Doubles Market Share in Kenya, Disrupts Internet Sector with Aggressive Growth appeared first on Tuvuti. Read More

 The numbers are showing a big growth in broadcasting licenses issued by the Communications Authority of Kenya (CA). 37 licenses in 3 months is a big deal in the media space. 684 service providers as of September 2024, the industry is growing but not all are active—186 are inactive. The breakdown of broadcasting services shows
The post Kenya’s Broadcasting Licenses Double in Three Months, Reflecting Sector Growth and Challenges appeared first on Tuvuti. Read More

 Kenya’s Startup Bill is waiting for Presidential assent and will provide a framework for innovation, support for startups and solidify Kenya as a global innovation hub. But startups that don’t meet its requirements will be excluded from registration and incubation programs. Requirements for Startups To be a startup under the proposed law you must: Startups
The post Kenya’s Startup Bill: A Game Changer for Innovation and Entrepreneurship appeared first on Tuvuti. Read More

 Glovo has launched its biggest real-time operations (RTO) centre in Nairobi, which will oversee its operations in 23 countries. This solidifies Nairobi as the innovation and digital economy capital of Africa. Why Nairobi? Nairobi was chosen because of its tech ecosystem, Gen Z talent and strategic location as a gateway to Africa. The centre will
The post Glovo Chooses Nairobi for Global Real-Time Operations Centre appeared first on Tuvuti. Read More

 Mpesa and Pesalink merger talks have generated lots of buzz. But Safaricom and Integrated Payment Services Limited (IPSL) the company that runs Pesalink have clarified that there are no talks going on. This as the Central Bank of Kenya (CBK) is set to launch a new Fast Payment System (FPS) that will connect payment services
The post Safaricom and Pesalink Address Merger Speculations Amid CBK’s Fast Payment System Plans appeared first on Tuvuti. Read More

 The majority of Kenyans who rent residential or commercial spaces do not sign lease agreements with their landlords. This is according to findings contained in the latest report by the Kenya National Bureau of Statistics (KNBS). The report dubbed as the Kenya Housing Survey 2023-2024by KNBS states that 71.8 per cent of all tenants in
Nearly all tenants in Kenya don’t sign leases with their landlords first appeared on Bizna Kenya Read More

 How much money will you need to build a standard bungalow, a luxurious bungalow, a middle-class maisonette and a luxurious maisonette today? To begin with, the cost will vary depending on the design of the house, the type of finishing desired, and the location where this bedroom bungalow house is to be built. According to
The money you need to build bungalow or maisonette in various regions of Kenya first appeared on Bizna Kenya Read More

 A Sh. 1.3 billion hotel is set to be constructed in Nairobi’s South C. The mega hotel shall overlook the Nairobi National Park and shall be owned by a private investor dubbed The View by the Park Limited. According to disclosures by the investor, the hotel that shall be known as ‘The View’ will comprise
Sh. 1.3 billion hotel to overlook Nairobi National Park in South C first appeared on Bizna Kenya Read More