Money

Money

NSSF to put Sh25bn in Chinese consortium bidding for Mau Summit highway

 The National Social Security Fund (NSSF) is planning to put Sh25 billion in a Chinese consortium that is targeting to acquire the tender for the construction of the Rironi-Mau Summit highway. In this plan, NSSF will pay between Sh20 billion and Sh25 billion to acquire half of the consortium with China Road and Bridge Corporation
NSSF to put Sh25bn in Chinese consortium bidding for Mau Summit highway first appeared on Bizna Kenya Read More

Read More
Money

Equity Group Q1 2025 net profit drops 4 percent to Sh15.4 billion

 Equity Group Holdings has announced Sh15.4 billion net profit for the first quarter of the year. This Equity Group Q1 2025 net profit was a drop of 4 percent when compared to the Sh16 billion net profit the Group realized in the same period in 2024. Profit before tax was down 8 percent to Sh18.7
Equity Group Q1 2025 net profit drops 4 percent to Sh15.4 billion first appeared on Bizna Kenya Read More

Read More
Money

KenHA reveals NSSF interested in funding construction of Rironi-Mau Summit Road

 The government has released comprehensive details on the proposed construction of two major toll roads: the Nairobi-Nakuru-Mau Summit (A8) and the Rironi-Maai Mahiu-Naivasha (A8 South). The disclosure, made through the MyGov newspaper on Tuesday, May 27, outlines ambitious infrastructure upgrades aimed at decongesting one of Kenya’s busiest transport corridors, a route notorious for accidents, delays,
KenHA reveals NSSF interested in funding construction of Rironi-Mau Summit Road first appeared on Bizna Kenya Read More

Read More
Money

Express Myself with My BIC Pen program has been extended to Western Kenya

 BIC has concluded the fifth edition of its penmanship program, Express Myself with My BIC Pen. The program aims to encourage students to express themselves using writing and drawing. Express Myself with My BIC Pen has expanded to Western Kenya this year, including Nakuru, Kisumu, and Eldoret. This year, Express Myself with My BIC Pen
The post Express Myself with My BIC Pen program has been extended to Western Kenya appeared first on HapaKenya. Read More

Read More
Money

12 new Google AI features from I/O 2025

 Google’s flagship event Google I/O conference is where the tech giant reveals the future they’re building, pulling back the curtain on their newest products, technologies, and, this year, their breakthroughs in AI. This year’s event highlighted the ongoing advancements in Google’s AI capabilities, with its most advanced models, Gemini, being extensively integrated across its product
The post 12 new Google AI features from I/O 2025 appeared first on HapaKenya. Read More

Read More
Money

Crown Paints launches reward program for its top distributors; unveils new eco-friendly paints

 Crown Paints has launched reward program for its top-performing distributors, featuring a luxury trip to Morocco as part of a broader strategic initiative to drive sales. The five-day, four-night all-expenses-paid trip will take selected partners to the city of Casablanca. Named TAJI, the program represents a celebration of excellence, premium quality, and long-lasting partnerships, offering
The post Crown Paints launches reward program for its top distributors; unveils new eco-friendly paints appeared first on HapaKenya. Read More

Read More
Money

Safaricom to invest over $500 Million in AI infrastructure across East Africa

 Safaricom has announced it will spend more than $500 Million in AI infrastructure across EA, over the next three years. This is in order to enhance connectivity and build a robust and scalable AI ecosystem. Speaking at the Connected Africa Summit, Safaricom’s Chief Enterprise Business Officer, Cynthia Kropac, noted that the investment will “trascend traditional
The post Safaricom to invest over $500 Million in AI infrastructure across East Africa appeared first on HapaKenya. Read More

Read More
Money

I&M Group Q1 2025 net profit rises slightly to Ksh. 4.2 billion

 I&M Group PLC has announced that it has registered a profit after tax Ksh. 4.2 billion for the period ending March 31, 2025. This is a slight increase from the 3.6 billion profit after tax the company reported in the previous quarter in 2025. Total operating income increased to Ksh. 12.9 billion from 11.5 billion
The post I&M Group Q1 2025 net profit rises slightly to Ksh. 4.2 billion appeared first on HapaKenya. Read More

Read More
Money

William Kabogo: A look at multi-billion properties, businesses owned by ICT CS

 ICT Cabinet Secretary William Kabogo is one of Kenya’s wealthiest politicians with investments in various sectors, including the lucrative real estate sector. The politician has invested heavily in commercial and residential real estate properties and is one of the top property owners in Kiambu County. Born in 1961, in Githunguri, Kiambu county, Kabogo attended local
William Kabogo: A look at multi-billion properties, businesses owned by ICT CS first appeared on Bizna Kenya Read More

Read More