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Money

Who owns Quickmart Supermarket? See owners of Kenya’s fastest-growing retailer

 With a network of 60 branches spread across 16 counties, Quickmart has solidified its position as the second-largest and fastest-growing retailer in Kenya behind Naivas which has more than 90 outlets The Supermarket which operates 24 hours in some of its branches in Nairobi is popular for its affordable fresh products including grocery and meat
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UN General Assembly president Philemon Yang visits Equity Bank for talks on youth & innovation

 Philemon Yang, the President of the United Nations General Assembly (UNGA), visited Equity for discussions centered on youth innovation, digital technology, and sustainable development. During the visit, he was hosted by Equity Group’s Chairman Professor Isaac Macharia, alongside other Board members and senior managers. H.E. Yang, former Prime Minister of Cameroon and current President of
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Karauri in multi-million fight with Quiver Lounge owner Peter Mbugua

 Quiver Lounge owner Peter Mbugua and Kasarani Member of Parliament and the chief executive officer of betting firm SportPesa Ronald Karauri are engaged in a multi-million conflict involving a contested insurance firm. The fight involves the ownership of Definite Assurance Company Limited, an insurance firm that acquired its operating license from the Insurance Regulatory Authority
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Why NCBA LOOP is becoming the crown jewel of Kenya’s neobanking

 Kenya’s payment ecosystem is rapidly evolving as consumers look for convenient and seamless payment systems. The increased digital transactions have been attributed to the high mobile phone and internet penetration, the adoption of mobile money services, and a rising banked population. According to the Central Bank of Kenya (CBK), Kenyans transacted Sh6.59 trillion on mobile
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Over 600 rural, urban private hospitals reject patients covered by SHA

 Over 600 private hospitals under the Rural and Urban Private Hospitals Association of Kenya (RUPHA) will not offer medical services to patients under the Social Health Authority (SHA) from today. The private hospitals are have said that they will not avail medical services to patients covered by SHA unless they are admitted with alternative mode
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MANSA receives $10M funding with plans to expand to Latin America & Asia

 MANSA has announced that it has successfully raised $10 million funding from various investors as it seeks to expand its business. Co-founded by Mouloukou Sanoh and Nkiru Uwaje, MANSA has expertise across traditional finance, payments, and Web3. MANSA has raised $3 million in a pre-seed funding round led by Tether and co-led by Polymorphic Capital
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Kenya Airways named the African Air Cargo Airline of the Year

 Kenya Airways (KQ) has received the African Air Cargo Airline of the Year award at the Air Cargo Africa Conference 2025. The award, determined through an extensive online voting process by readers of STAT Trade Times recognizes KQ Cargo’s service, innovation, and significant contributions to the growth of Africa’s cargo industry. STAT Trade Times is
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