Airtel Money and I&M Bank Partner to Enable Seamless Merchant Payments Nationwide

By Editor Airtel Money customers can now make seamless payments to I&M Bank merchants nationwide, following a new partnership between Airtel Money and I&M Bank. The collaboration, which seeks to strengthen Kenya’s digital commerce ecosystem, will enable Airtel Money users to enjoy a 50% guaranteed cashback in airtime on all Paybill transactions. Customers will also…

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Safaricom MTN Tranche Attracts KES 41.6 Billion in Applications Amid Strong Investor Demand

By Jameson Safaricom (NSE: SCOM) has announced an oversubscription of its first tranche Medium-Term Note (MTN) Programme, receiving applications worth KES 41.6 billion against an initial target of KES 15 billion. The telco will take up the full KES 5 billion greenshoe option, raising the total allocation for the tranche to KES 20 billion, the…

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Airtel Money, DTB Partner to Boost SME Payments and Mobile Banking Convenience

By Editor Airtel Money customers can now make payments directly to DTB Till Moja merchants following a new partnership designed to give Small and Medium-sized Enterprises (SMEs) more flexible and convenient payment options. The collaboration also enables customers to deposit money straight from their Airtel Money wallets into DTB accounts. This upgrade allows users to…

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Kenya Power Shifts to Digital for Electricity Connection Applications

By Jameson Mutua Kenya Power has announced that individuals and businesses seeking new electricity connections will now be required to submit their applications exclusively through the company’s website. This move aims to improve operational excellence, enhance customer experience, and speed up processing times. According to Kenya Power’s Managing Director and CEO, Eng. (Dr.) Joseph Siror,…

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Superior Homes Kenya Launches The Orchards at Northlands, a New Master-Planned Community

By Editor Leading real estate developer Superior Homes Kenya has launched its latest master-planned gated community, The Orchards at Northlands, located within Northlands City. The launch marks another significant step in the evolution of Kenya’s residential landscape. Set on 25 acres, the development will feature 130 units comprising three, four and five bedroom townhouses and…

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Sanlam Kenya rebrands to SanlamAllianz, eyes top-three local insurance ranking

By Jameson Mutua Listed non-banking financial services firm Sanlam Kenya Plc (NSE: SLAM) has officially changed its name to Sanlam Allianz Holdings (Kenya) PLC, now operating as SanlamAllianz Kenya. The new name follows the recent establishment of a joint venture between Sanlam and Allianz. The partnership has created SanlamAllianz, which is now the largest non-banking…

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EABL Celebrates the Listing of Its KES 16.76 Billion Bond on the Nairobi Securities Exchange

By Editor East African Breweries Plc (EABL) today held an official bell-ringing ceremony at the Nairobi Securities Exchange (NSE) to mark the successful listing of the first tranche of its Medium-Term Note (MTN) Programme, raising KES. 16.76 billion. The issuance was oversubscribed by 52%, underscoring strong investor confidence in EABL’s financial strength, market leadership, and…

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