- NAIROBI, Kenya, June 12 – National Treasury Cabinet Secretary John Mbadi has assured Kenyans that the Finance Bill 2025 will not introduce any new taxes or raise existing ones — a deliberate shift aimed at addressing public outrage sparked by previous tax policies. In his maiden budget speech to…
- JUNE 12 – China has said it is ready to drop the tariffs it charges on imports from all 53 African countries with which it has diplomatic relations. The move, announced at a China-Africa co-operation meeting, comes as the continent is facing the possibility of increased tariffs on its products…
- SAN FRANCISCO, June 12 (Xinhua) — Boeing on Thursday said the company is in contact with Air India regarding the Flight 171 crash in India. “We are in contact with Air India regarding Flight 171 and stand ready to support them. Our thoughts are with the passengers, crew, first responders and all…
- SAN FRANCISCO, June 12 (Xinhua) — Boeing on Thursday said the company is in contact with Air India regarding the Flight 171 crash in India. “We are in contact with Air India regarding Flight 171 and stand ready to support them. Our thoughts are with the passengers, crew, first responders and all…
- NAIROBI, Kenya, June 12 – The education sector has emerged as the biggest winner in the 2025/2026 national budget, receiving the lion’s share of allocations, even as funding for agriculture was significantly reduced. Presenting the budget estimates in the National Assembly, Treasury Cabinet…
- NAIROBI, Kenya, June 12 – The government has announced fresh efforts to rein in the public wage bill, with plans to fully implement a unified human resource management system and review public service allowances to ensure fiscal sustainability. Treasury Cabinet Secretary John Mbadi, while…
- NAIROBI, Kenya, June 12 – Treasury Cabinet Secretary John Mbadi has issued a stark warning over Kenya’s rising public debt, urging for tighter financial discipline, strategic planning, and more efficient revenue mobilization to prevent a looming fiscal crisis. Presenting the 2025/2026 national…
- NAIROBI, Kenya – June 11, 2025 – PROTO Energy Limited, a leading clean energy provider, has partnered with GoBEBA Everything LTD, an e-commerce platform specializing in bulk utility fulfillment, to expand access to liquefied petroleum gas (LPG) across Kenya. The strategic collaboration was launched…
- NAIROBI, Kenya, June 12, 2025 – Global urban developers and policymakers have launched a bold agenda aimed at reshaping Africa’s urban future through the creation of investment-ready charter cities designed to meet the continent’s rapid population growth. At the New Cities Summit 2025 held in…
- JUNE 12 – A number of products from a brand of US sweets are “unsafe to eat” and contain ingredients which could damage DNA and increase the risk of cancer, the Food Standards Agency (FSA) has warned. UK businesses and consumers are being urged to stop buying and selling the Jolly Ranchers products…
- NAIROBI, Kenya, June 12 – Treasury Cabinet Secretary John Mbadi is presenting a Sh4.2 trillion budget for the 2025/26 financial year, with the government targeting to raise Sh3.3 trillion in revenue and bridge a Sh900 billion deficit through borrowing and grants. Of the projected revenue, Sh2.7…
- NEW DELHI, June 12 (Xinhua) — An Air India flight to London with 242 people on board, including two pilots and 10 cabin crew members, crashed Thursday shortly after takeoff from an airport in the western Indian state of Gujarat, officials said. The flight took off from the Sardar Vallabhbhai…
- SEOUL, June 12 (Xinhua) — South Korea’s tax revenue rose for the first four months of this year on higher corporate and income taxes, government data showed Thursday. Tax revenue ran to 142.2 trillion won (104.7 billion U.S. dollars) in the January-April period, up 16.6 trillion won (12.2 billion…
- NAIROBI, Kenya, June 12 – The COMESA Competition Commission (CCC) and the East African Community Competition Authority (EACCA) have signed a Memorandum of Understanding (MoU) to strengthen cross-border consumer protection and market competition. The agreement aims to streamline enforcement efforts…
- JUNE 12 – The UK economy shrank by more than expected in April as taxes increased for businesses, household bills jumped and exports to the US plunged. The economy contracted by 0.3%, more than the 0.1% fall predicted by economists. In April, employers’ National Insurance and water, energy and…
- NAIROBI, Kenya, Jun 11 – Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has warned that powerful pesticide cartels are actively sabotaging government efforts to eliminate harmful agrochemicals and enforce food safety standards. Speaking during the opening of the 2025 Centre…
- JUNE 11 – Talks aimed at cooling tensions between the US and China have ended in a “deal”, according to US President Donald Trump. He said China had agreed to supply US companies with magnets and rare earth metals, while the US would walk back its threats to revoke visas of Chinese students. “Our…
- NAIROBI, June 12 (Xinhua) — Kenya’s tea production declined by 18.8 percent in the first quarter of 2025 due to unfavorable weather conditions, the Tea Board of Kenya (TBK) said on Wednesday. According to a report released by the TBK, the country produced 136.91 million kilograms of tea during the…
- NAIROBI, Kenya, June 11 – Novotel Nairobi Westlands is set to celebrate Father’s Day 2025 in style with a themed brunch titled “Honour the Bond That’s as Strong as the Flavour” on Sunday, June 15. The event promises a family-friendly day of indulgence, highlighted by a signature Nyama Choma feast…
- NAIROBI, Kenya, June 11 – Binance and the Virtual Assets Chamber (VAC) have welcomed Kenya’s progress on digital asset regulation, urging tax policies that foster innovation and growth. At a joint press briefing in Nairobi, Binance’s Head of Legal for Africa Larry Cooke and VAC Director Allan Kakai…
- NAIROBI, Kenya, June 11 – Kenya’s Madaraka Express marked its 8th anniversary with a renewed focus on expanding cargo and passenger transport, reinforcing its role in powering economic growth. Kenya Railways MD Philip Mainga said cargo volumes on the Standard Gauge Railway (SGR) are projected to…
- KILIFI, Kenya, June 10 – Family Bank has opened its 96th branch in Kilifi County, marking its 9th outlet in the coastal region as part of efforts to deepen financial access and support SMEs. Located at Kilifi Plaza, the branch will offer a full suite of services including asset finance, business…
- JUNE 11 – Delhi is “hopeful” of reaching a trade agreement with the US before the 90-day pause on reciprocal tariffs ends on 9 July, India’s foreign minister has said. In an interview with French daily Le Figaro on Tuesday, S Jaishankar, who is on a four-day visit to Belgium and France, said India…
- NAIROBI, Kenya, June 11 – The Central Bank of Kenya (CBK) expects commercial banks to continue lowering their lending rates following its decision on Tuesday to cut the Central Bank Rate (CBR) by 25 basis points, bringing it down from 10 percent to 9.75 percent. CBK Governor Kamau Thugge said the…
- NAIROBI, Kenya, June 11 – The Central Bank of Kenya (CBK) has confirmed that Kenya will begin discussions with the International Monetary Fund (IMF) in September over a new funding arrangement and an Article IV consultation. The move signals the government’s efforts to secure additional finance to…
- NAIROBI, Kenya, June 11 – Konza Technopolis has unveiled an $8 million pneumatic waste collection system by Envac, boosting its green and digital transformation efforts. The system, implemented by Italian firm ICM S.p.A., will serve over 30,000 residents and handle up to 40 tons of waste daily,…
- JOHANNESBURG, South Africa, June 11 – SEACOM has appointed Kevin Kaburu as Managing Director for its Digital Infrastructure division in East Africa and the Middle East, effective June 1, 2025. Kaburu brings over 15 years of experience from China Mobile International and Wananchi Telecom, with a…
- JUNE 11 – A TV ad for chocolate bar Twix has been banned for encouraging unsafe driving. The advert shows a man with flowing hair involved in a car chase and crash that results in his and an identical, caramel-coloured car sandwiched on top of each other, like a Twix. Five complaints issued against…
- NAIROBI, Kenya, June 10 – The Kenya Revenue Authority (KRA) collected Sh32.14 billion in Value Added Tax (VAT) in May 2025, marking a 16 percent increase compared to the same period last year. The growth is attributed to enhanced compliance enforcement measures, improved vetting for VAT…
- By Carol Misoi JUNE 11 – When two companies merge, the headlines often focus on the numbers of market share, assets, and strategic positioning. But behind every merger is a human story, one of uncertainty, adaptation, and resilience. For employees, a merger is more than a business transaction, it…
- JUNE 11 – The US and China say they have agreed in principle to a framework for de-escalating trade tensions between the world’s two biggest economies. US Commerce Secretary Howard Lutnick said the deal should result in restrictions on rare earth minerals and magnets being resolved. Both sides said…
- NAIROBI, Kenya, June 11 – The World Bank has lowered Kenya’s economic growth for 2025, down from 5 percent predicted about six months ago to 4.5 percent. The Washington-based lender cites tighter global financial conditions, mounting fiscal pressure, and sluggish private sector activity for the…
- JUNE 11 – Uber will trial robotaxis – autonomous cars with no human safety driver at the wheel – in London next spring. The ride-hailing app will work with the UK artificial intelligence (AI) firm Wayve, which has been testing out the technology on the city’s streets with human oversight, in line…
- JUNE 10 – The global economy will see the slowest decade for global growth since the 1960s as the effect of Donald Trump’s tariffs are felt, the World Bank has predicted. Nearly two thirds of countries in the world had their growth forecasts cut from the bank’s last set of predictions six months…
- NAIROBI, Kenya, June 10 – E-mobility firm Roam has unveiled the second generation of its electric motorcycle, the Roam Air, officially retiring the first-generation model as it targets Kenya’s 3 million-strong boda boda market. The upgraded model boasts improved ergonomics, enhanced waterproofing,…
- NAIROBI, Kenya, June 10 – The Central Bank of Kenya (CBK) has lowered its benchmark lending rate by 25 basis points to 9.75 percent, aiming to boost credit uptake and support economic activity. The decision by the Monetary Policy Committee (MPC) marks a shift toward a more accommodative stance, as…
- NAIROBI, Kenya, June 10 – Pesapal, a payments and financial services provider, has partnered with RACK to enable millions of businesses across Kenya, Uganda and Tanzania to manage their sales, inventory, payments and taxes on a single point-of-sale solution. Despite advances in technology, many…
- NAIROBI, Kenya, June 10 – Leading African family-owned businesses and private wealth experts will convene on June 11 at the JW Marriott for the Nairobi Private Wealth Conference (NPW), a high-level forum dedicated to intergenerational wealth transfer, governance, and global resilience. Organized by…
- NAIROBI, Kenya, June 10 – Over 100 CEOs and managing directors gathered at Capital Club East Africa for a high-level roundtable led by SeamlessHR and the Kenya Private Sector Alliance (KEPSA) to explore how digital HR tools can unlock workforce productivity amid economic uncertainty. Themed “…
- NAIROBI, Kenya, Jun 10 – The Kenya Medical Practitioners and Dentists Council (KMPDC) has directed all foreign medical practitioners, including those pursuing postgraduate studies, to register with the council before engaging in any form of clinical work or academic training in the country. In a…
- JUNE 10 – In China, they call it the Seagull, and it has looks to match. It is sleek and angular, with bright, downward-slanting headlights that have more than a hint of mischievous eyes about them. It is, of course, a car. A very small one, designed as a cheap city runabout – but it […]
- NAIROBI, Kenya, June 10 – KO has unveiled its 2024 Impact Report, spotlighting major strides in circular economy initiatives and climate resilience efforts as part of its long-term sustainability agenda. The report showcases significant progress in sustainable packaging, waste reduction, and…
- TOKYO, June 10 (Xinhua) — Tokyo stocks ended higher Tuesday, lifted by hopes for easing tensions as the United States and China prepare to hold trade talks for a second day. Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 122.94 points, or 0.32 percent, from…
- NAIROBI, Kenya, June 10 – The Coast Water Works Development Agency (CWWDA) has begun the process of picking a company that will develop the Mwache Water Project in Mombasa County. In an advertisement placed in the local daily, CWWDA said the project seeks to improve access to clean and reliable…
- By Martha Mbugua NAIROBI, Kenya, June 10 – Mergers & Acquisitions (M&A) are gaining traction in Kenya as businesses look for strategic ways to navigate financial pressures and unlock growth opportunities. M&A activity in Kenya has seen a notable upsurge over the past two years, marking…
- NAIROBI, Kenya, June 10 – The prices of solar systems are set to increase by Sh2,000 if a proposal to include a 16 percent VAT on the products is passed under the 2025 Finance Bill. According to GOGLA, the global association for the off-grid solar industry, the tax hike risks shrinking Kenya’s off-…
- JUNE 10 – Canada will significantly boost its defence spending to hit a Nato target of 2% of GDP years earlier than planned, Prime Minister Mark Carney has announced. In a speech at the University of Toronto on Monday, Carney said the action was required to ward off the “multiplying” threats from…
- NAIROBI, June 10 (Xinhua) — Six tourists were killed and 27 others injured in an accident along a busy road in central Kenya on Monday afternoon, according to a government official. Nyandarua County Commissioner Abdrisack Jaldesa told Xinhua by telephone that a bus ferrying the tourists from Nakuru…
- JUNE 10 – The owner of CNN and HBO Max, Warner Bros Discovery, says it will split into two companies by the middle of next year. The US media giant plans to separate its studio and streaming business away from its more traditional cable television networks. The move comes as streaming services…
- NAIROBI, June 10 (Xinhua) — Kenya and China on Monday deepened their collaboration in the health sector, with China offering 500 scholarships and launching 20 annual exchange programs in the future. After a meeting with a delegation led by Chinese Ambassador to Kenya Guo Haiyan, Cabinet Secretary…
