Author: Muindi

Guaranty Trust Bank Kenya (GTBank Kenya) has launched GTMazao, a new product designed to empower small and medium-sized enterprises (SMEs) in Kenya. This innovative offering is part of GTBank Kenya’s 10th anniversary celebrations, reflecting the bank’s commitment to providing innovative financial solutions. GTMazao offers SMEs a unique opportunity to earn interest on their bank balances without any transaction limits. “We thank our customers for their trust and loyalty,” said Jubril Adenji, Managing Director of GTBank Kenya. “GTMazao reflects our commitment to driving economic growth by empowering SMEs. We look forward to continuing to deliver innovative financial solutions.” This flexible and…

Kenya’s Ministry of Education (MoE) has unveiled the official academic calendar for 2025, outlining key dates for primary and secondary schools. Key Dates for the 2025 Academic Year First Term: Start Date: January 6, 2025 End Date: April 4, 2025 Half-Term Break: February 26 – March 2, 2025 Second Term: Start Date: April 28, 2025 End Date: August 1, 2025 Third Term: Start Date: August 25, 2025 End Date: October 24, 2025 National Examinations and Assessments Kenya Primary School Education Assessment (KPSEA): October 21-24, 2025 Kenya Intermediate Level Education Assessment (KILEA): October 27-31, 2025 Kenya Junior School Education Assessment (KJSEA)…

Carrefour Kenya says it will close its store at Kisumu Mega Plaza Mall on November 30, 2024. The decision, part of a strategic review, is expected to result in job losses for a section of the retailer’s employees. In a notice to suppliers, Carrefour stated that the closure is aimed at ensuring the long-term sustainability of its operations in Kenya. “We are writing to inform you of an upcoming change regarding our Carrefour Mega Plaza Mali store in Kisumu,” read the notice in part. “After careful consideration, we have decided to close this location, effective November 30, 2024.” “We will…

Zoom, the company synonymous with video conferencing, is now known as Zoom Communications Inc., embracing an AI-first approach to revolutionise workplace collaboration and productivity. Zoom CEO and Founder Eric Yuan revealed the news in an announcement blog. “Our AI assistant, Zoom AI Companion, is the heartbeat of our evolution into an AI-first company and is critical in helping our customers uncover new opportunities for greater productivity.” “Over time, we believe these capabilities will translate into a fully customisable digital twin equipped with your institutional knowledge, freeing up a whole day’s worth of work and allowing you to work just four days…

The Central Bank of Kenya has greenlit Choice Bank’s transition from a community microfinance bank to a nationwide microfinance institution. The CBK approved the bank’s application on 4th November 2024… “to convert from a community microfinance ank to a nationwide microfinance bank and therefore permitting the institution to carry out microfinance banking business throughout Kenya,” said Kamau Thugge, Governor, CBK. Choice Bank’s innovative Banking-as-a-Service (BaaS) platform positions it as a leading force in Africa’s burgeoning BaaS revolution. The BaaS platform empowers non-bank partners to seamlessly integrate financial services into their offerings. This enables them to reach underserved populations without the…

The High Court of Kenya has temporarily suspended the special privileges and immunities that were granted to the Bill and Melinda Gates Foundation under the Privileges and Immunities Act. The court has mandated that all respondents involved in this matter file their responses by December 10, 2024. This decision comes in response to a case filed by the Law Society of Kenya (LSK), which argues that the government’s decision to grant such status is legally questionable and undermines public interest. In a petition filed by the Law Society of Kenya wherein I was instructed, the High Court has today issued…