Kenyan women are increasingly taking charge of their financial destinies. The shift from informal savings to structured investments signals a new era of financial independence and economic empowerment. While the road ahead still has obstacles, the trajectory is clear. Women are no longer just participants in investments; they are key players in shaping Kenya’s financial future. Traditionally limited to informal savings groups, women are now thriving in financial markets, building wealth, and driving economic growth. Despite challenges, their impact is undeniable, and the vast majority are now making informed decisions, diversifying their portfolios, and leveraging technology to take charge of…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
The convergence of the Internet of Things [IoT] and automation is reshaping industries, and Epson is at the forefront of this transformation in Business Imaging [BI]. By integrating advanced IoT solutions and intelligent automation, Epson is enhancing operational efficiency and redefining the way businesses manage their imaging and printing needs. Enhancing Operational Efficiency with IoT Technologies Epson has seamlessly incorporated Epson Remote Services [ERS] into its Business Imaging printing portfolio. This Iot-driven platform enables real-time monitoring of device status and consumable levels, allowing service providers and users to take a proactive approach to maintenance. By identifying potential issues before they…
With the fast-paced growth of online betting in Kenya, players now have many choices when deciding which betting site to stake their bets on. The pros of accessing sports betting, casino games, Aviator, crash games, and virtual sports at any time or location are captivating. However, not all betting sites are created the same way, and picking out the right betting site to stake on is important for ensuring a secure, entertaining, and profitable betting experience. The Rise of Betting Sites in Kenya The surge of Kenyan betting sites can be credited to technological advancements, the love for sports by…
Absa Bank Kenya has reinforced its leadership team with the strategic appointment of four accomplished women to key executive roles, demonstrably advancing gender parity within its senior ranks to over 47%. Mwihaki Wachira now leads marketing; Elizabeth Munga heads Strategy; Sophia Abdi Hassan assumes the position of Country Treasurer; and Anne Nyongesa has been appointed Company Secretary. These appointments underscore Absa’s resolute commitment to fostering inclusive leadership and reflect a deliberate emphasis on achieving gender balance at the highest levels of the organization. Abdi Mohamed, CEO & Managing Director of Absa Bank Kenya, affirmed this commitment, stating, “At Absa, we…
In 2004, the Central Bank of Kenya took a significant step by granting the first commercial bank the authority to operate a bancassurance business. This landmark decision paved the way for nearly 30 banks and microfinance institutions to establish bancassurance services through specialised agencies and subsidiaries. The emergence of bancassurance has proven to be a critical factor in increasing insurance penetration in Kenya, a sector that has traditionally struggled to reach a broad audience. As reported by the Insurance Regulatory Authority (IRA), the insurance penetration rate in Kenya remains below three per cent, which is characteristic of challenges faced in…
A quiet conversation is echoing through Kenya’s corporate spaces—boardrooms, coffee lounges, and Zoom calls alike. It’s not about market share or quarterly results but about pervasive exhaustion. Silent, creeping, and often dismissed as a personal failing, burnout has become a corporate epidemic in Kenya. We are witnessing an alarming rise in professionals who are mentally drained, emotionally detached, and physically depleted. And while the economic graphs may look stable, the emotional pulse of our workforce is not. Indeed, the World Health Organization (WHO) observes that there has been a 13 per cent rise in mental health conditions and substance use disorders…