Kenya’s strides towards establishing itself as a leader in the carbon trading arena gained momentum with a record-breaking sale of over 2.2 million tonnes of carbon credits to prominent Saudi Arabian companies, signaling the country’s potential to influence the global carbon trading landscape. Carbon credits, representing the reduction of one tonne of greenhouse gas emissions, …
KCB Group, a leading financial institution in East Africa, is taking significant strides to amplify its youth empowerment and job creation program, 2Jiajiri. As the program gains momentum in Kenya, the KCB Foundation is set to extend its reach to other regional markets where the bank operates, including Tanzania, Uganda, Burundi, and Rwanda. Further expansion …
The landscape of the Kenyan hospitality industry is undergoing a seismic shift as Airbnb’s exponential growth reshapes the way travelers experience accommodation. With a rising presence in major towns across the country, Airbnb is disrupting the traditional hotel business model and claiming a share of the market that has long been dominated by established hotels. …
Embracing the evolving landscape of technology in the Kenyan banking sector, NCBA Bank has introduced significant enhancements to its NCBA NOW app, offering Kenyans a seamless way to file their tax returns. In a recent communication sent to its customers via email, the bank revealed the incorporation of the KRA iTax Payment option into the …
Operating a successful business in Kenya has long been a challenging endeavor, with numerous hurdles and complex regulations hindering the growth of Small and Medium-sized Enterprises (SMEs). Recent statistics from the Kenya National Bureau of Statistics (KNBS) have shed light on the dire situation faced by many businesses, revealing that around 450,000 SMEs shutter their …