Business - News Light Kenya

Old Mutual Group Reports KES 1.1 Billion Profit Surge in 2024 Amid Strategic Growth and Cost Efficiency

Old Mutual Group has posted a significant KES 1.1 billion increase in profit after tax from continuing operations for the year 2024, marking a substantial rise from KES 0.2 billion in 2023 to KES 1.3 billion. This impressive growth is attributed to strong performances in asset management, underwriting gains from its insurance businesses, and solid…

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Bata Kenya Donates 355 Pairs of Shoes to Support Schoolchildren in Salgaa

Group photo In a significant boost to child well-being and education, Bata Shoe Kenya PLC in partnership with World Vision Kenya( WVK) has donated 355 pairs of school shoes to students at Chepseon and Belbur Primary Schools in Salgaa, Nakuru County,aims to improve school attendance, comfort, and self-esteem among learners from vulnerable backgrounds. Bata Shoe…

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NCBA Expands Presence With New Tatu City Branch to Boost Economic Growth

NCBA the team driving financial excellence at NCBA’s new Tatu City branch. NCBA Bank has officially launched its Tatu City branch, reinforcing its commitment to serving individuals and businesses in Kenya’s rapidly expanding urban and economic hubs. This strategic expansion aims to support the region’s booming manufacturing, SME, and real estate sectors. Tatu City, Kenya’s…

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Nairobi to Host Landmark Advanced Air Mobility Symposium, Pioneering Africa’s Aviation Future

Nairobi is poised to become Africa’s hub for aviation innovation as Fahari Aviation, a subsidiary of Kenya Airways PLC, hosts its inaugural Advanced Air Mobility (AAM) Symposium on March 18–19, 2025. This high-profile event will bring together global aviation leaders, regulators, and investors to chart the future of AAM in Africa, focusing on regulatory frameworks,…

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Absa Bank Flags Off Business Delegation to the U.S. for Investment Opportunities

Absa Bank Kenya has flagged off a delegation of Business Club members to the United States for a series of high-level business engagements aimed at unlocking investment opportunities, accessing new markets, and fostering strategic partnerships. The trip, scheduled for March 11–21, 2025, will enable Kenyan entrepreneurs to gain global market insights and exposure to best…

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M-KOPA and Turaco Provides Free Hospital Cash Cover for Over 1 Million Kenyans

In a groundbreaking move to enhance financial resilience among underserved communities, M-KOPA and Turaco Insurance have provided free Hospital Cash insurance coverage to over 1million Kenyans. This initiative, part of M-KOPA’s “More Than a Phone” digital financial services, aims to cushion low-income households against unexpected medical expenses. By integrating insurance into its financial offerings, M-KOPA…

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Ogilvy Africa Launches HerFolio to Bridge Gender Gap in Creative Industry

Michelle Ndebele (C) of Voi Jewellery presents her creations to Delna Sethna, Ogilvy Africa’s chief Creative Officer and Adrian Jankowiak, Nairobi Design Week’s Founder (L) at Nairobi Design Week 2025, held at The Waterfront Karen. The Ogilvy Africa Network has unveiled HerFolio, a groundbreaking platform aimed at empowering female creatives across the continent. Launched during…

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How Human Resources is Evolving with Skills Flexibility and Employee Well-being

The Human Resources (HR) landscape is undergoing a significant transformation, with a growing emphasis on skills over traditional qualifications. A prime example of this shift is Elon Musk’s recent recruitment drive for software engineers for his ‘everything app,’ where he prioritized portfolios showcasing coding expertise over formal education or professional affiliations. This move reflects an…

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Kenya’s Hospitality Industry Gears Up for The Hotel Expo 2025

Key players in Kenya’s hospitality sector convened at The Sarova Panafric Hotel for The Hotel Expo Kenya Stakeholder Luncheon, a high-profile gathering aimed at setting the stage for the inaugural Hotel Expo Kenya 2025. The event, organized by Global Exhibitions Inc. (GEx), brought together hoteliers, investors, suppliers, policymakers and industry leaders to discuss emerging trends,…

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