Author: Martha Etale

Carrefour’s Kenya operations generated AED 1,386 million in revenue for the year ended 31 December 2025, up from AED 1,219 million in 2024, a 14% increase. Uganda contributed AED 150 million, up from AED 143 million the previous year. The figures come from the Group’s segment revenue breakdown by geography, which measures performance using Net Operating Profit After Tax (NOPAT) — a non-GAAP measure that strips out the effect of debt financing to show what the business earns purely from operations. Kenya and Uganda Performance Market Revenue 2024 (AED m) Revenue 2025 (AED m) Change NOPAT 2025 (AED m) Assets…

Kenya is no longer just a market where people drive for Uber or sell goods on Jumia. It has become one of Africa’s most consequential laboratories for platform-based work, a place where the line between informal hustle and structured digital employment grows thinner by the year. Bolt, the on-demand mobility platform, has released its flagship Gig Economy Report produced in partnership with Ipsos, the company’s first structured contribution of data-driven research to the national conversation on digital platforms and income generation. The study covers Kenya, Nigeria, South Africa, Ghana, and Tanzania, and maps the scale, composition, and human reality of…

Showmax will stop accepting subscription renewals on 31 March 2026. From 1 April, new subscriptions and renewals close entirely. Existing subscribers keep access until their current subscription expires or until the end of April, whichever arrives first. After eleven years and 44 markets across Sub-Saharan Africa, one of the continent’s most prominent streaming platforms winds down in five weeks. The Timeline, In Full The dates arrived in an email sent to subscribers on Wednesday, the clearest consumer-facing communication since Canal+ announced the shutdown citing losses at the African streamer it described as “unacceptable.” That original announcement landed without a transition…

Karungari Mungai, known professionally as Karun, has released Eternal, a four-track EP recorded with Nigerian producer Bigfootinyourface in Lagos in 2022 and held back until now. The project marks her first release after a deliberate year away from music, and she arrives with a clear statement of intent. “As I enter this new era, I want to set some things straight,” she wrote in a pinned Instagram post ahead of the lead single Feel You. “This music is not for everybody and I am deeply at peace with that.” What the EP Sounds Like Eternal opens with Feel You —…

The Stanbic Foundation has joined forces with the Kenya Institute of Entrepreneurship (KIE) to strengthen financial literacy and business resilience among women entrepreneurs across ten Kenyan counties. Working alongside county governments, the initiative has reached more than 100,000 women-led micro, small and medium enterprises (MSMEs) with practical entrepreneurship and financial management training. The programme spans Homa Bay, Busia, Kakamega, Kisumu, Uasin Gishu, Kisii, Nyamira, Kericho, Nairobi and Kiambu counties. Building Skills That Actually Stick The curriculum targets the fundamentals that determine whether a business survives or stalls — structured record-keeping, cash flow management, budgeting, financial planning, and navigating Credit Reference…

Construction of the Standard Gauge Railway (SGR) Phases 2B and 2C—stretching from Naivasha through Kisumu to Malaba—is scheduled to begin in March 2026. The project aims to boost transport connectivity across the Lake Region and strengthen trade links along the Kenya–Uganda border corridor. Kisumu Governor Anyang’ Nyong’o confirmed the timeline after a consultative meeting with local leaders, Kenya Railways Corporation, the National Land Commission, and national government officials. Construction of SGR Phase 2B & 2C from Naivasha via Kisumu to Malaba begins in March. In a consultative meeting with our Kisumu leaders, Kenya Railways, NLC & national officials, we prioritized…