Shell Kenya rebrands to Vivo Energy Kenya, as the business changes ownership from Royal Dutch Shell to Vitol Holding BV and Helios Investment. This transfer in ownership will also see Shell Chairman Jimmy Mugerwa step down. The change in name follows similar moves in Morocco, Senegal,…

Safaricom airtime retailers are slowly losing out as Safaricom intensifies campaigns for M-Pesa airtime top up. Small scale retailers are arguing that M-Pesa is taking up a large role in the distribution and retailing of airtime, threatening to drive them out of the market.

As we always do on Saturday morning, we travel the web and bring you five articles that we thought might keep you company. Here is a collection of the five we thought we should share this weekend. Have a fabulous weekend and enjoy the reads. 1. How price…

Here are the articles we are highlighting from the past week at Pesatalk, in case you missed any of them Safaricom lowers cross network calling rates ow.ly/bsZP6 Credit information and reports can now be accessed on the mobile phone ow.ly/bsZQr Somewhere between Safaricom and Kenya Power…

The price of milk has significantly gone down on the retail market a month after the rains cut the long dry spells. Milk is now retailing at between Ksh.35 and Ksh. 40 for the half liter packet down from between Ksh. 48 and Ksh. 55  in April. In December and…

Here is an infographic depicting Africa’s top 10 wealthiest according to data from Forbes   Source:  afrographique…

Mr. Munir Sheikh Ahmed has been appointed the new managing Director of the National Bank of Kenya.  In a letter to the Nairobi Securities Exchange dated 7th of June, the outgoing Managing Director informed the Capital Markets Authority and Nairobi Securities Exchange about the Development. Mr Munir…

Kenya Airways has released the results for the recently concluded rights issue. After several postponements, the KQ results have been released, featuring predominantly in the major dailies this morning. Of the 1.477 billion shares in offer, 70.06 percent of the shares were taken up by shareholders. The company…

When Kenya Power (KP) introduced pre-paid meters its consumers anticipated relief given the many problems associated with post-paid meters. The Post-Paid system had been blamed for not returning account deposits, consumers having no control over their consumption, unpleasant disconnection, high reconnection fees, corruption during…

Driving License holders across the country can now renew their driving licenses at any National Bank of Kenya (NBK) branch countrywide.  Kenya Revenue Authority has partnered with National Bank whose widespread branch network will bring the service closer to the people. National Bank of Kenya has branches across the country…