Kenya Power Updates 2M out of 7.4M Prepaid Meters

Kenya Power has achieved a significant milestone with the update of 2 million prepaid meters in just three weeks since launching the Update Token Meter Yako Campaign. This initiative targets a total of 7.4 million prepaid meters across the country, ensuring they are equipped with the latest software to maintain uninterrupted electricity access. #KenyaPower #PrepaidMeters

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Faulu Gets Ksh 900M for Digital MSME Banking

Faulu Microfinance Bank has announced a strategic refocus aimed at bolstering its digital banking capabilities and optimizing its operational structure to foster sustainable growth. Supported by a significant investment of over Ksh 900 million from its parent company, Old Mutual, Faulu is poised to enhance its digital finance offerings and streamline its distribution channels.

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Samsung Unveils 2024 Neo QLED and OLED TVs in Kenya

Samsung has launched its cutting-edge 2024 Neo QLED and OLED TV line-up at the exclusive Unbox & Discover event held at Capital Club in Nairobi, Kenya. As the leading TV manufacturer globally for 18 consecutive years, Samsung sets a new standard in home entertainment with a suite of AI-driven innovations designed to elevate viewing experiences.

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Raphael Owino Appointed as Treasury Debt Management Boss

In a significant move, the Public Service Commission (PSC) has appointed Raphael Owino as the new Director General of Public Debt Management at Kenya’s Treasury. His appointment follows a rigorous selection process, with the National Treasury expressing utmost confidence in Owino’s capabilities, citing his proven track record at the Central Bank of Kenya.

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Kenya’s Tea Exports Rise 19% in Q1

In the first quarter of 2024, Kenya’s tea exports surged by 19%, reaching 155.8 million kg compared to 131.1 million kg in the same period last year, according to a report from the Tea Board of Kenya (TBK). This growth was driven by increased shipments to key global markets, reflecting rising demand both in traditional markets and emerging economies.

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