Soko Directory

Soko Directory was established in 2008 by Hidalgo Investments Ltd. This investment firm has a wide range of interests, including finance, government tenders, business consulting, corporate image consulting, and legal research. Hidalgo Investments was officially registered in 2008 under the Kenyan Laws, specifically Cap 486.

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Financial/Market news, Online/Digital

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Kenya

#5103

Articles

From Bad To Worse: Ruto’s Government Reign Of Error And The Plunder Of Kenya’s Promise

Feb 1, 2025 | sokodirectory.com | Steve Biko Wafula |Steve Biko

Kenya, blessed with breathtaking landscapes, vibrant cultures, and a resilient people, has found itself in the clutches of leadership so inept that even the proverbial hyena would blush at their audacity. President William Ruto and his cabal of thieves have turned governance into a circus, where the lions are fed lies, the monkeys dance to the tune of empty promises, and the people are left to scavenge for crumbs.
Kenya Keeps Fumbling Her Foreign Policy As Its Determined By the Greedy Desires Of a Single Man Who Has Put Their Greed First, Not The Country’s

Jan 31, 2025 | sokodirectory.com | Steve Biko |Steve Biko Wafula

Kenya’s foreign policy once stood tall with a sense of purpose, a dash of East African solidarity, and the occasional flair for showmanship. We were famed for the gallant African statesmanship of old, forging alliances with neighbors and positioning ourselves as a beacon of peace. Yet somewhere along the line, we seem to have meandered into a labyrinth of ill-conceived photo ops, ill-timed handshakes, and questionable friends who pop in for tea, leaving us to deal with the diplomatic hangover.
The Kenyan Stock Market Closes The Week Tumbling Down As Foreign Investors Drive Sell-Off

Jan 31, 2025 | sokodirectory.com | Steve Biko Wafula

The equities market closed on a bearish note for the second consecutive session, with major indices posting declines. The Nairobi All Share Index (NASI) edged down by 0.2%, while the NSE 10, NSE 20, and NSE 25 declined by 1.9%, 0.9%, and 1.7%, respectively. These movements reflect a cautious market sentiment as investors weighed earnings releases and broader economic conditions. Equity turnover saw a remarkable 180.3% increase to USD 1.9 million.
Sri Lankan Food Giant Sets Up Regional Hub In Kenya

Jan 29, 2025 | sokodirectory.com | Steve Biko Wafula

Sri Lankan food giant, CBL Group, has announced a strategic partnership with global logistics firm Expolanka Freight Limited, and local distributor Peniel Acumen Distributors to establish a distribution hub in Nairobi, marking its entry into Kenya and the broader East African market.
Bolt Rolls Out 'Trusted Contacts' Feature As It Goes Ham On Safety

Jan 29, 2025 | sokodirectory.com | Steve Biko Wafula

Bolt is launching Trusted Contacts, a feature that will enable passengers and drivers to add names and phone numbers of friends or relatives to a list of contacts for their account so that Bolt’s Safety Team can get in touch with them if the account holder can’t be reached.
Kenya Gets First Interest-Free Financing For Electric Vehicles

Jan 29, 2025 | sokodirectory.com | Steve Biko Wafula

Spiro Kenya, Africa’s leading Electric Vehicle Company, has announced an exciting partnership with Bodaboost to introduce Kenya’s first-ever Sharia-compliant financing solution for electric vehicles (EVs). In its pilot phase, this partnership targets offering interest-free financing to 5,000 Boda Boda riders, mainly within Nairobi Metropolitan. This partnership also aligns with Kenya’s ongoing efforts to accelerate green energy adoption and reduce carbon emissions in the transport sector.
How To Verify If The Kenyan "Doctor" You Are Dealing With Is Fake

Jan 29, 2025 | sokodirectory.com | Steve Biko Wafula

The Kenya Medical Practitioners and Dentists Council is concerned about the increase in the number of online platforms where individuals claiming to be medical professionals provide false medical advice and treatment to unsuspecting users. These ‘doctors’ may pose a significant risk to public health, as their diagnoses and treatment plans are often based on unverified or outdated information, leading to misdiagnosis, delayed diagnosis, or even exacerbating underlying health conditions.
KRA Collected Ksh 1.24 Trillion From Kenyans In Taxes In 2025

Jan 29, 2025 | sokodirectory.com | Steve Biko Wafula

Kenya Revenue Authority (KRA) collected Kshs 1.243 trillion as of 31st December 2024. This reflects a growth of 4.5% compared to the collection of Kshs 1.189 trillion realized in the same period of the previous financial year (2023/2024).
Here Is The Full List Of Approved Saccos In Kenya For 2025

Jan 29, 2025 | sokodirectory.com | Steve Biko Wafula

The Sacco Society Regulatory Authority (SASRA) has released a full list of Saccos that have been approved to operate in Kenya for 2025. The list comes amid increased cases of fraud among Saccos that have turned out to be not under the umbrella. A total of 178 saccos have been granted licenses to engage in deposit-taking activities. Kenyans have been called upon to ensure that the Saccos they are giving their money or planning to are on the approved list to avoid being conned.
89% Of IT Leaders Worry GenAI Flaws Could Negatively Impact Their Organization’s Cybersecurity Strategies

Jan 28, 2025 | sokodirectory.com | Steve Biko Wafula

Despite 65 percent of IT leaders having adopted generative artificial intelligence (GenAI capabilities), 89 percent of them are concerned that flaws in GenAI cybersecurity tools could put their organization at risk. According to new Sophos X-Ops research, “Cybercriminals Still Not Getting on Board the AI Train [Yet],” also released today, there has been a slight but noteworthy shift in the way cybercriminals use AI.