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Kenya’s tourism industry looking up

The number of tourist arrivals in the country has increased by 18 per cent since the start of the year as industry players ramp up promotions to make up for falling numbers from traditional source markets in Europe. Cabinet Secretary for…

Pesabazaar.com takes on insurance companies in Kenya

PesaBazaar.com has launched a Sh 40 million insurance price comparison web portal to the Kenyan market, the service allows consumers to compare premiums and features of similar insurance products and services at a glance. The portal will…

MultiChoice adds over 20 new channels on DStv Now

With the growing competition in the Pay tv market segment MultiChoice, a south African based media firm has added 20 new channels on their "DStv Now", a free of charge to Premium service Customers, adding the number of live TV channels to…

KCB wants a pie of Chase Bank

Kenya Commercial Bank (KCB) is said to be in pole position to buy the troubled lender whose most valuable asset is its control of the small and medium-sized enterprises (SMEs) market where growth has been strong and returns big. The…

Swiss International Hotels set for Kenya entry

Mt Kenya Holiday Homes Ltd  will on Thursday host an agreement signing ceremony with Swiss International Hotels & Resorts in Nairobi. The multibillion agreement to be signed by the two firms, will seal a commitment to co-develop a…

Auto sales dip in Q1 after last year’s spike

New vehicle sales dipped slightly to March, though industry officials say the dip does not reflect a longstanding trend. Data from Kenya Motor Industry Association (KMI) released Monday showed that total sales for industry’s Q1…

“Eye in the Sky” to premiere in Kenya

Local multimedia and film firm, Planet Media Cinemas, has announced plans to screen a recently released Hollywood movie set in Kenya which features the terrorism challenges in the East and Horn of Africa. As part of Planet Media -a…

Orange Announces $ 85M Investment In AIG

Orange has announced the acquisition of a US $ 85.5 Million equity interest in Africa Internet Group, joining AXA, Goldman Sachs and longstanding investors MTN Group, Millicom and Rocket Internet. Through this investment, which will be…

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