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James Oundo

Suggestive Kleenit billboard advert pulled down in Nairobi over indecency

Is there anything like 'going too far' when it comes to marketing? This is the question that a billboard in Nairobi that was designed to market Kleenit has evoked. In less than 24 hours the suggestive billboard was pulled down...

Strengthening Kenya shilling inches closer to 120s against the US dollar

The strengthening Kenya shilling is showing signs of its recovery extending to 120s against the US dollar. On Friday March 15, the shilling extended its gains against the US dollar. Officially, the Central Bank of Kenya quoted the shilling at...

Why Kenya’s degree holders are among the poorest people in the country

Degrees in Kenya: You may have heard the cliche, Grade A students work for Grade D students. Well, this feature explores why degree holders in this country tend not to do too well when it goes to generating wealth....

Co-op Bank eases borrowing terms for Kenyans buying Isuzu vehicles

The Co-operative Bank of Kenya has eased terms of borrowing for Kenyans seeking to be financed to acquire vehicles from Isuzu East Africa. In the new terms announced by the bank, Co-op Bank has extended the repayment period by a...

Top US Safaricom investor sells 600 million shares in protest

One of Safaricom's top investors has sold hundreds of millions of shares in protest. The investor, who has been identified as FMR LLC - which also trades as Fidelity Institutional Asset Management - sold 600 million shares in protest...

Kenya Shilling extends gains against the US Dollar

The Kenya shilling has extended its gains against the US dollar after months of losing value. As at February 14, 2024, the Central Bank of Kenya was officially quoting the shilling at 156.7076 against the US dollar. The recovery was also...

Ruto appoints ex-CS Henry Rotich budget, fiscal senior advisor

Former National Treasury Cabinet Secretary Henry Rotich has landed a top position in the government of President William Ruto. Rotich has been appointed by the President as the Senior Advisor on Fiscal Affairs and Budget Policy. This position was being held...

Kenya acquires 300 SGR wagons, 20 passenger coaches

Kenya has acquired 300 SGR wagons. The first batch of 50 wagons have already arrived and were officially received by Transport Cabinet Secretary Kipchumba Murkomen. The 50 SGR wagons are expected to facilitate the operations of the Madaraka Express freight...

Kenyans to no longer send money from M-Pesa to unregistered numbers

Telecommunications firm Safaricom has announced that Kenyans will no longer be able to send money from their M-Pesa to unregistered mobile numbers. According to the announcement by Safaricom, this will take effect from February 5, 2024. "Effective February 5th, 2024, you...

Kenya shilling set to touch 170 against US dollar in bureaus, banks

The depreciation of the Kenya Shilling against the US dollar has continued unabated among commercial banks and forex bureaus. The shilling is now closer to hitting 170 against the US dollar in bureaus and commercial banks even as the official...

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How Innovative Casino Jackpots Are Driving Player Engagement in Kenya

Here's a number that should grab your attention: 96% of Kenyan bettors use their mobile phones to place bets....
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