Jumia’s strategic reset is beginning to pay off, with improved margins, reduced cash burn, and a clearer path to profitability across its core African markets.
Tracks performance, strategy, and major moves across Kenya’s corporate landscape. Reports on financial results, leadership changes, and strategic developments within local and multinational firms.
Jumia’s strategic reset is beginning to pay off, with improved margins, reduced cash burn, and a clearer path to profitability across its core African markets.
Eveready East Africa is ending its long reliance on dry-cell batteries and repositioning itself around solar power, electric mobility and carbon markets to stay relevant in Kenya’s fast-changing energy sector.
Sun King has launched the EZ 1, its first locally assembled, entry-level smartphone going at Sh60 a day
CBK has cut its benchmark rate to 8.75% to boost lending, support economic growth, and maintain stable inflation.
M-Pesa’s Ziidi Trader is transforming stock investing by allowing Kenyans to buy and sell NSE shares directly from their phones with minimal barriers.
Absa’s KES 65 million sponsorship of the Magical Kenya Open boosts local talent while promoting the bank’s community impact and consumer brand perception.
Kenya has opened ownership of its most strategic energy company to the public through the largest IPO since Safaricom, giving ordinary citizens a rare chance to invest in the pipeline that powers the country.
Onafriq is transforming Africa’s cross-border payments, making transactions faster, cheaper, and fully digital.
Approval of the EAPC stake sale comes with a strict job-protection order covering 924 workers for at least 18 months.
Kenya Power reported a Ksh 10.4 billion half-year profit and declared a Ksh 0.30 interim dividend.