Author: Nairobi Business Monthly Reporter

Airtel Kenya has opened a customer care shop in Maralal town, Samburu County as part of its ongoing efforts to improve customer service and enhance accessibility to its products and services. The shop, located at Umbrella Mall, brings to a total of 67 Airtel customer care shops spread across 40 counties within the country. This addition to Airtel Kenya’s service footprint underscores the company’s dedication to meeting the evolving needs of its valued customers. With over 2000 Airtel outlets nationwide, the company is delivering on its commitment to bring services closer to its customers. “We are delighted to open our…

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EPRA has said new petrol and diesel prices for the period between February 15 and March 14, 2024 will drop by Sh1 The Energy and Petroleum Regulatory Authority has reduced the price of petrol, diesel and kerosene prices by Sh1, to align with a drop in the price of world crude oil over the past three months. EPRA said in a statement on Wednesday, February 14, that the new prices are inclusive of 16% Value Added Tax (VAT), which is in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020 and the revised rates…

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Introducing the Latest Issue of Nairobi Business Monthly Feb 2024 Why You Shouldn’t Miss This: Digital technology is disrupting brick-and-mortar supermarkets as new players seek to PG 18–21 upset traditional shopping experience with lower prices supported by mobile platforms Political & Business:  Why Kenya should be wary of Tanzania’s consistent gains Property & Investment Stories:  Market for affordable homes hots up across Africa Limited-Time Offer: Download Your Copy NOW for ONLY Ksh. 150! Ready to elevate your business game? Click here to secure your copy TODAY!

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The establishments were recognized by Gambero Rosso, an authority in Italian food and wine. At least 10 Italian restaurants in Kenya have been recognised as some of the top eateries in this year’s Italian Wine Road Show organised by Gambero Rosso, an authority in Italian food and wine. They were Liv Vin, La Casa Di Nico, La Terrazza, La Salumeria, La Villa, La Dolce Vita, La Cascina, all located in Nairobi with Casa Mia in Diani, Roberto’s and Visiwa located in Mombasa and Watamu respectively. Establishments such as Pomodoro, Matteo’s, Solo Grano, Mambo Italia, all in Nairobi including Roberto’s and…

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The delay in token generation was experienced on February 10, with KPLC attributing it to a technical hitch that affected both prepaid token generation and postpaid bill systems. Kenya Power (KP) has finally solved a token purchase hitch which affected both prepaid (token generation) and post-paid bill payment systems on February 10. The power distributor said in a notice issued on Tuesday, February 13, that the system is now up and running, and that customers can purchase their tokens through the M-Pesa Paybill number 888880. “Following a recent system disruption that led to delays in the processing and delivery of…

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The move reaffirms the commitment of the company towards ensuring a clean and safe environment. Private security company, SGA Security will be recycling old guards’ uniforms to school bags that will be donated to underprivileged children living in the informal settlements in its quest towards environmental sustainability and corporate social responsibility. SGA, which employs over 19,000 employees across Kenya, Uganda and Tanzania will collect old uniforms from their security guards and recycle them into functional school bags, ensuring that they are repurposed and that children in underserved communities have access to essential educational tools. “At SGA Security we are keen…

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The distribution of products in the most popular category remained consistent, with digital and household appliances being the leading product category The sales volume of Russia’s e-commerce in 2023 increased by 28% year-on-year and reached around 6.4 trillion rubles ($70.34 bn), the press service of the Russian Association of Internet Trade Companies told TASS news agency. “The volume of online trade in Russia reached 6.359 trn rubles in 2023, an increase of 28% over the previous year,” the association said. In particular, 3.1% or 197 bn rubles ($2.16 bn) of this volume came from the cross-border market, while the share…

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Ms Mulili is the first female to become the UBA Kenya’s managing director and chief executive officer, an indication that the lender is home with gender diversity and inclusivity to elevate women into leadership roles. UBA Kenya has appointed Ms. Mary Mulili as its new managing director and chief executive, effective January 19, 2024, subject to regulatory approval. An old hand, having served as an executive director, she will steer the bank at a crucial time as she is intended to focus on sustainable banking practices while ensuring that every initiative contributes to positive and lasting impacts on the lives…

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The approval will enable the Nairobi Securities Exchange (NSE) to offer a secondary market that combines both onscreen and Over-the-Counter (OTC) trading of fixed income securities. The NSE is set to operationalise a hybrid fixed income market after the Capital Markets Authority approved the amendments to its Fixed Income Trading Rules. In a statement issued on Wednesday, February 7, 2024, NSE said the hybrid model will not only lead to more informed trading, but also improve pre-trade transparency through the introduction of a Quotations Board, which will provide investors with increased visibility into market quotes. It also plans to launch…

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