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Why more Kenyans are ditching city rentals to invest in plots: path to affordable housing

 Path to affordable housing: Are you trapped in the cycle of high rent, cramped living spaces and the relentless pressure of low income with dwindling savings? Well, you are not alone. Notably, according to the Kenya National Bureau of Statistics, 77.9% of households struggle with inadequate housing primarily due to low income. This is alarming
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Bolt awards €20,000 to 10 mobility entrepreneurs in South Africa

 Bolt has concluded its first Accelerator Program in South Africa, awarding €20,000 in funding to ten participants. Launched in December 2024 in partnership with business academy Pranary, the program attracted over 578 applications nationwide, with Gauteng submitting the highest number. Women made up 7% of the applicant pool, an encouraging signal in a traditionally male-dominated industry.
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Absa Bank net profit for Q1 2025 rises by 4% Ksh. 6.2 billion

 Absa Bank Kenya PLC has announced that it has reported a profit after tax to Ksh. 6.2 billion for the period ended 31 March 2025. This is a a 4% growth from the Ksh. 5.9 billion the bank reported in a previous period in 2024. Total revenues closed at Ksh. 15.8 billion, a 4% year-on-year
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Microsoft & NC4 partner to create robust cybersecurity defenses in Kenya

 Microsoft has announced the launch of its Advancing Regional Cybersecurity (ARC) Initiative, a new effort aimed at boosting global preparedness, resilience, and coordination in the face of increased cyber threats. The announcement was made at the second Global Conference on Cyber Capacity Building (GC3B) held in Geneva, Switzerland. The initiative kicks off with a flagship
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Absa Bank Kenya Q1 2025 net profit rises marginally to Sh6.2 billion

 Absa Bank Kenya has announced a net profit increase of 3 percent in the first three months of the year. The results by the lender show that Absa Bank Kenya Q1 2025 net profit increased from Sh5.9 billion that was recorded in the first quarter of 2024 to the current Sh6.2 billion. In the period
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How to invest in Ziidi Money Market Fund By Safaricom

 Ziidi Money Market Fund (Ziidi MMF) by Safaricom is an investment platform that is accessible by Safaricom M-PESA customers. Safaricom M-PESA customers are able to invest in Ziidi MMF from as low as Ksh. 100 from their M-PESA and earn daily interest. The platform was launched formally by Safaricom as part of M-PESA 18 year
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Absa Kenya Foundation has planted 350,000 mangrove trees at the Coast as part of its conservation efforts

 Absa Kenya Foundation has today launched the next phase of its coastal restoration programme at the Sabaki Estuary in Malindi. The foundation has planted 200,000 mangrove trees. This is part of an initiative that was launched launched in 2023, which saw the planting of 150,000 mangrove trees in Jomvu Kuu and Majoreni Forests across Mombasa
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RUBiSOL receives “Deal of the Year 2024 – East Africa” award from DealMakers AFRICA

 RUBiSOL has received the “Deal of the Year 2024 – East Africa” award from DealMakers AFRICA. Launched in November 2024, RUBiSOL, is a joint venture between Solarise Africa and RUBiS Energy Kenya. It was established to address the growing demand for clean energy across East Africa. The joint venture combines Solarise Africa’s expertise in decentralised
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