Posts

Credit Bank Beats Absa to Win KBA Interbanks Men’s Squash Title

Image
Credit Bank’s men’s squash team has defeated Absa to win the championship at the Kenya Bankers Association (KBA) Interbanks Tournament, capping a successful outing that also saw the bank’s CEO, Betty Korir, win the CEOs’ Run. The bank’s women’s squash team finished fourth in their category at the competition, held between October 3 and 17. The tournament brought together participants from across the banking sector for contests in squash, chess, athletics and darts at the Institute of Monetary Studies and KCB Group grounds. Korir, who also serves as KBA deputy chair, said the competition demonstrated the importance of teamwork and collaboration in strengthening institutions. “Sport encourages discipline, resilience, collaboration and accountability, qualities that are just as important in the workplace as they are on the field or court,” she said. She said Credit Bank’s participation reflected its commitment to maintaining an engaged and motivated workforce, adding that spor...

Stanchart Marathon: Kiptum and Rotich Win Top Titles as Nairobi Hosts Global Running Stars

Image
Abraham Kiptum and Mercy Rotich emerged as the biggest winners at the 23rd Stanchart Marathon after claiming the men’s and women’s full marathon titles in Nairobi on Sunday. The event attracted 30,700 runners representing more than 100 nationalities, including over 400 elite athletes, in a competition that combined professional athletics with mass participation. Kiptum won the men’s 42km race, while Rotich took the women’s title. Nahason Kipsang and Orba Chemurgor won the men’s and women’s 21km half-marathon categories, respectively. Alfred Kimani and Joy Cheptoyek emerged victorious in the 10km races, while Samuel Kuria and Mercyline Ajenjo claimed the men’s and women’s wheelchair race titles. The marathon offered a total prize purse of Sh11.24 million, with the full marathon champions each earning Sh2 million. Winners in the half-marathon and wheelchair races received Sh300,000 each, while the 10km champions took home Sh200,000 apiece. The event, staged along Nairobi’s So...

TVS Motor Company Sets Sights on Africa’s Diverse Markets Under New Boss

Image
TVS Motor Company is placing emphasis on understanding local markets as Pradeep Chaurasiya takes over as Business Head of Africa for its International Business division, overseeing the company’s journey across more than 50 countries. Chaurasiya, who has spent eight years with the company in Africa, said the continent’s diversity requires businesses to adapt their strategies to different cultures, customer expectations and ways of doing business. “Africa is not one market. It is many, each with its own people, culture, and way of doing business,” he said. His appointment reflects a career progression that began with responsibility for one African country before expanding to a continent-wide leadership role. In his remarks announcing the development on October 14, 2026, Chaurasiya highlighted the lessons he had learnt while working across different markets, describing learning, curiosity and experimentation as important principles in business growth. He said understanding cus...

Octagon Pension Fund Surpasses Market Average as Assets Reach KSh3.2 Billion

Image
The Octagon Umbrella Retirement Benefits Scheme has grown its fund value to KSh3.2 billion after its aggressive investment portfolio delivered a 19.1 per cent return in 2025, outperforming the umbrella fund market average of 12.37 per cent. The scheme's performance highlights the growing role of umbrella retirement arrangements in Kenya as employers seek cost-effective ways to manage staff pension benefits while providing workers with investment options. According to Octagon Africa, the scheme's Balanced Fund returned 14.8 per cent, while its Conservative Fund recorded an 11.6 per cent return, with all three investment options posting positive results during the year. “The growth of the Octagon Umbrella reflects the increasing importance of professionally managed retirement arrangements that give employers efficiency while providing members with investment choice and access to their retirement information,” said Michael Komen, Head of Retail at Octagon Africa. The s...

OMAR ADEN DECLARES BID FOR KAMUKUNJI MP SEAT, PROMISES PEOPLE-CENTRED LEADERSHIP

Image
NAIROBI, Kenya – September 2026 — Community leader and businessman Hon. Omar Aden has announced his intention to contest the Kamukunji Constituency parliamentary seat in the 2027 General Election on a United Democratic Alliance (UDA) ticket. Addressing supporters in Kamukunji, Aden said his political agenda would centre on unity, accountable leadership, economic empowerment and improved service delivery, with a particular focus on what he described as the everyday needs and aspirations of residents. Kenya’s 2027 General Election is scheduled for 10 August 2027, according to the Independent Electoral and Boundaries Commission (IEBC). Aden said his campaign would seek to offer what he termed a new approach to representation, arguing that residents should assess leaders on their record of service and engagement with the community rather than political party affiliation alone. «“The people of Kamukunji are tired. They are tired of empty promises and they want real change. Our c...

Upesi Targets KSh1 Billion in Outbound Transfers With Zero Fee Campaign

Image
Upesi Money Transfer is targeting more than KSh1 billion in outbound transactions through a four-month zero-fee campaign covering eight international payment corridors. The Kenyan outbound money transfer service said the campaign, which began on September 1 and runs until the end of December 2026, is expected to generate an average of about KSh276 million in transactions each month. China is projected to account for the largest share, with Upesi expecting transactions worth approximately KSh150 million monthly on the corridor, driven largely by Kenyan businesses sourcing goods and services from the Asian market. The campaign covers transfers from Kenya to China, Uganda, Rwanda, Tanzania, Ghana, the Philippines, the United Arab Emirates (UAE) and Nigeria. “Cross-border payments are becoming increasingly important for businesses and individuals as trade and other economic links between Kenya and international markets grow. We want to make these transfers more accessible and a...

Karura Race Brings Together Over 1,000 Runners Ahead of Nairobi Marathon

Image
More than 1,000 runners gathered at Karura Forest on Sunday for the Friends of Karura Anniversary Race, adding momentum to preparations for the 23rd edition of the Standard Chartered Nairobi Marathon. The event featured 21km, 10km, 5km and 2km races, attracting runners, families and members of the community for a day centred on athletics, fitness and environmental conservation. Participants later joined a family-friendly celebration and a Berlin Marathon watch party at Amani Gardens. The Karura race is part of a series of preparatory events supported by Standard Chartered ahead of the Nairobi Marathon, which is scheduled for October 25 at Uhuru Gardens. Standard Chartered Bank Kenya and Africa Head of Corporate Affairs, Brand and Marketing Joyce Kibe said the warm-up events are designed to give runners an opportunity to assess their preparation ahead of the main race. “The warm-up races are an important part of the journey towards the Standard Chartered Nairobi Marathon, gi...