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Money

3 Gulf oil firms pocket Sh1.5 trillion from G-to-G Kenya fuel deal in 18 months

 In just eighteen months to May 2025, three Gulf oil firms pocketed Sh1.5 trillion from selling fuel to Kenya through the controversial G-to-G fuel deal. Apparently, 158 cargo of petroleum products were imported to Kenya by the three firms under the deal that involves Saudi Aramco, Emirates National Oil Co, and Abu Dhabi National Oil
3 Gulf oil firms pocket Sh1.5 trillion from G-to-G Kenya fuel deal in 18 months first appeared on Bizna Kenya Read More

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BuuPass to represent Kenya at the Startup World Cup Grand Finale in San Francisco

 BuuPass is set to represent Kenya at the Startup World Cup 2025 Grand Finale in San Francisco, United States of America. For the first time, Kenya has joined the global Startup World Cup circuit. This has been made possible by a partnership between Silicon Xchange, the Kenya National Innovation Agency (KeNIA), and NaiBAN. Out of
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Equity Bank retains crown as Kenya’s most valuable brand amidst banking sector dominance; Tusker emerges as strongest

 Equity Bank has been named as Kenya’s most valuable brand, securing the top spot for the second consecutive year in the 2025 ranking according to Brand Finance. The continued dominance underscores the robust performance of the nation’s banking sector, which collectively accounts for over half of the total brand value in the latest valuation. Meanwhile,
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Absa Business Credit Card launched to empower SMEs to optimize cash flow & track expenses

 Absa Bank Kenya together with Visa have launched the Absa Business Credit Card. It is aimed at empowering SMEs by improving transactional efficiency and expense tracking. The Absa Business Credit Card gives businesses the ability to optimize their cash flow with flexible interest-free credit options of between 20 to 50 days on payables. The card
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Superior Homes, HF Group partner to deliver quality housing + affordable mortgages

 Superior Homes Kenya (SHK) and HFC Kenya have signed an MOU to link potential homeowners with quality housing + affordable mortgages. HFC Kenya is owned by HF Group. Under this partnership, HF Group will provide concessional mortgage financing at a rate of 9.5%. The agreement also includes a 20-year loan term and a commitment to
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Sun King opens first customer experience centre in Mombasa, boosting off-grid solar access

 Sun King has announced that it has officially opened its first customer experience centre in Mombasa, bringing clean energy solutions closer to customers along Kenya’s coast. It is located along Digo Road, adjacent to Huduma Centre and opposite Nomaneno Bazaar. It is designed to provide faster service, interactive access to Sun King’s full product range.
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Kenya’s appetite for digital content sets the stage for telecoms’ transformation

 Telecoms across East Africa face a serious challenge in the form of growing demand for digital content. In Kenya alone, despite the recent introduction of taxes, more than three-quarters (76.5%) of internet users under the age of 16 pay for digital content each month. This is the fourth-highest rate in the world after Sweden, Norway
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