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Two Kenyan firms picked for the inaugural Google AI Cohort
Two Kenyan companies, Jacaranda Health and EIDU, are among 21 firms globally chosen for the first Google.org Generative AI Cohort, accessing over $20 million in funding for their projects through a six-month program aimed at developing high-impact generative AI applications. — Read More
Five ways AI-powered startups are changing healthcare in Kenya
Access to healthcare services, particularly for vulnerable populations such as people with disabilities, has always been challenging. However, the healthcare industry is rapidly evolving with the integration of artificial intelligence (AI), attracting innovators who are working on various applications and solutions aimed at facilitating better access to healthcare. — Read More
How top executives siphoned Sh6bn from Saccos umbrella body
Top executives at the Kenya Union of Savings and Credit Cooperative Society (Kuscco) embezzled Sh587.6 million annually for a decade through unauthorized transactions and loans, causing members to suffer multi-billion-shilling losses. — Read More
Billionaire Narendra Raval eyes 5,500-tonne clinker factory in Kitui
Cemtech Limited, a subsidiary of Simba Cement Company Limited, which is owned by Devki Group of Companies, has submitted the environmental impact assessment (EIA) report to the National Environment Management Authority (NEMA) for review. — Read More
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Relief for workers as firms signal end to pay raise freeze
Kenya’s private sector payrolls expanded in April after months of stagnation, indicating increased hiring and optimism for future demand despite concerns over disruptive floods. — Read More
Elon Musk’s radical changes hit X ads reach in Kenya
X (formerly Twitter) was the only social media platform in Kenya to see a decline in advertising reach for the year ending December, highlighting the negative impact of radical policy and operational changes implemented by new owner Elon Musk. — Read More
Limiting infrastructure bonds? Revisit M-Akiba
The National Treasury intends to limit infrastructure bonds to retail investors under new reforms, potentially excluding banks, pension funds, insurance firms, and parastatals from participating in these tax-free instruments as defined by the Income Tax Act. — Read More
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