The startup was founded in December 2020 to offer ready-to-eat affordable meals.
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
Jubilee Holdings shareholders approve a total dividend of Ksh 1.1 billion for 2021
mTek, a digital insurance brokerage firm in Kenya, has secured KSh340 million ($3 million) commitment from an African-focused fintech platform, Finclusion Group. The company says it acquired the investment through debt and equity, which will accelerate its growth into the Kenyan marketplace through continual improvements to the platform and the Expansion of its customer base. mTek Chief executive Bente Krogmann said that the investment is a milestone for the organization and indicates pan-African investors’ confidence in the insurtech’s purpose, business model, and philosophy. “With this investment, we will be able to commence our Expansion within Kenya through 25 Finclusion Group…
Face masks are mandatory in public spaces as part of ‘targeted measures’ to slow the spread of the coronavirus in Kenya, the ministry of health said Monday. Kenya and Mauritius are experiencing the sixth wave of Covid-19 infections, according to the Africa Centres for Disease Control and Prevention. The country’s current positivity rate is at 9.9 percent, on Monday. Kagwe noted that the country’s COVID-19 positivity rate had risen from a weekly average of 0.6 percent in early May to the current 10.4 percent. “The sharp rise in coronavirus infections should concern everyone and we must take strong measures to…
Remittance inflows increased 18.6 percent in the first 12 months of the current fiscal year. According to the Central Bank of Kenya Weekly Bulletin released on Friday, cumulative remittance inflows for the 12 months to May 2022 totaled USD 3,992 million compared to USD 3,365 million in the same period in 2021, an increase of 18.6 percent. The CBK also indicated that remittance inflows in May 2022 totaled USD 339.7 million compared to USD 315.8 million in May 2021, a 7.6 percent increase. “The strong remittances inflows continue to support the current account and the stability of the exchange rate.…
Kenya’s estimated tea production fell by more than 5 million kg in the first quarter of this year ending March, according to data from the Tea Directorate. “Cumulative production for the first quarter was lower by 5.15 million kilos to stand at 135.83 million kilos, a decrease from 140.98 million kilos in a similar period in 2021. This was notably due to depressed rains,” said the government agency in a report. The directorate warned that Kenya’s overall tea production is likely to fall this year due to the challenging weather conditions. Khusoko is now on Telegram. Click here to join our channel and…