Business

 President William Ruto has signed into law the **Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill 2025. This comes just days after the European Commission proposed adding Kenya to its list of high-risk jurisdictions due to deficiencies in anti-money laundering and countering the financing of terrorism (AML/CFT) regimes. The newly enacted law represents
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 CFAO Mobility Kenya and Almasi Financial Services Limited have partnered give customers access to 90% financing to purchase commercial vehicles payable within 60 months. The partnership is expected to boost the transport and logistics sector by providing entrepreneurs with affordable access to heavy commercial trucks, through a Sharia-compliant finance partner. The financing package will cover
The post CFAO Mobility, Almasi Financial Services to offer 95% sharia-compliant loans for commercial vehicles appeared first on HapaKenya. Read More

 In Kenya today, fast internet is essential for everything from working at home to watching movies. Safaricom is a leader in providing this internet, constantly improving its network for homes and businesses. For areas without a fibre connection but has a Safaricom base station, Safaricom’s 4G and 5G WiFi options come in handy. To use
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 The Safaricom Home Fibre service provides Internet via fibre to homes all over the country in Kenya. It is available in Nairobi, Nakuru, Mombasa, Kisumu, Eldoret, Thika, Bungoma, Kitale, Nyeri and Nanyuki among other towns. In Nairobi, the service is available in Nyayo Estate, Imara Daima, South B, Langata Estate, Ongata Rongai, Kiambu Road, Ruaka, Runda,
The post Safaricom Home Fibre prices for 2025 appeared first on HapaKenya. Read More

 A staggering 82% of Kenyans reported being targeted by email, online, phone call, or text message fraud between August and December 2024, according to a recent TransUnion survey. While most did not fall victim, 11% of those targeted unfortunately lost money. The data, part of TransUnion’s newly released H1 2025 Update to the State of
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 Del Monte Kenya Limited has announced that it has joined the United Nations Global Compact, the world’s largest corporate sustainability initiative. As a member of this network, Del Monte Kenya becomes part of a global network of over 23,000 companies and 4,000 non-business participants dedicated to building a more sustainable, inclusive, and responsible future. Confirming
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 BetaLab has invested Ksh. 5 million into Oye, a Kenyan fintech, to boost access to insurance and ease fuel costs for the country’s two million boda boda drivers. Betalab is Britam’s innovation and incubation hub. Oye, founded in 2021 by Nairobi entrepreneur Kevin Mutiso, is built on loyalty points that unlock insurance benefits. The platform
The post Britam’s BetaLab invests Ksh. 5M in Oye to connect Boda Riders with insurance & fuel credit appeared first on HapaKenya. Read More

 Centum Real Estate (Centume Re) has received Sh2.6 billion from the International Finance Corporation to build some 1,940 affordable houses. The real estate company says that with the funds finally in its accounts, it will be aiming to complete the project by the year 2029. Centum Re, which is a subsidiary of Nairobi Securities Exchange-listed
Centum Re gets Sh2.6 billion to build 1,940 Two Rivers houses first appeared on Bizna Kenya Read More