14 Jul 2021 - NAIROBI, Kenya, Jul 14 – An analysis by Deloitte has described the growth of Kenya’s real estate sector as having been turbulent over the past 5 years, ranging from a high of 12.2 percent growth in 2016 to a low of 5.6 percent growth in 2018. In its East Africa Economies Report 2021, Deloitte…

14 Jul 2021 - NAIROBI, Kenya, Jul 14 – Real Investment Trusts (REITS) have the potential of unlocking the value of the real estate sector in Kenya by helping developers have access to capital. This is according to Capital Markets Authority Chief Executive, Wyckliffe Shamiah who says Real Estate Investment Trusts…

14 Jul 2021 - NAIROBI, Kenya, Jul 13- Kenya is the “Guest Country” during this year’s Coffee Expo 2021 in Seoul, South Korea. The four-day Expo that kicks off on Wednesday, July 14-17th 2021, will position Kenya as a leading Coffee producer and exporter. As a guest country in this year’s show, Kenya will be the…

13 Jul 2021 - NAIROBI, Kenya, Jul 13 – Agriculture stakeholders in Africa have urged governments on the continent to work with the private sector to build resillient food systems to bridge the widening gap in production. Speaking during the Alliance for a Green Revoluton in Africa (AGRA)  organized Africa Green…

13 Jul 2021 - NAIROBI, Kenya, Ju 13 – An estimated 23,000 lives per year could be saved and up to $2 billion in economic losses averted by improving weather forecasts, early warning systems, and climate information in low- and middle-income countries. This is according to a new report issued by the Alliance for…

13 Jul 2021 - NAIROBI, Kenya, Jul 13–The Energy and Regulatory Petroleum Authority has developed the Energy Regulations, 2021 and is seeking consensus from players in the industry over the proposed Regulations. EPRA through a statement said the process will assist in spurring investment in mini-grids in the…

12 Jul 2021 - NAIROBI, Kenya, Jul 12-Carrefour, owned and operated by Majid Al Futtaim in Kenya, is further expanding its retail footprint across the country with the upcoming opening of two new stores in the nation’s third-largest city, Kisumu. The announcement was made by Franck Moreau, Country Manager of…

12 Jul 2021 - NAIROBI, Kenya, Jul 12- Family Bank has completed a Sh3 million renovation of the Nairobi Central Police Station giving it the much-needed refurbishment to enhance service delivery to members of the public. “As a Bank, we are very proud of this partnership with the National Police Service. It is my…

12 Jul 2021 - NAIROBI, Kenya, Jul 12- CIC Group has started a claim’s self-service provider portal for Garages and Assessors to increase efficiency in the claims’ reconciliation process. The portal which will operate 24 hours a day, 7 days a week, under the General Business unit will serve garage owners,…

12 Jul 2021 - NAIROBI, Kenya, Jul 11- Here is what you need to know about tech firm Sendy, as explained by the Co-founder and Vice President Supply Don Okoth. Is Sendy a technology or a transport and logistics company? Sendy is a technology company. What we look at is that we bridge the logistic and technology…

11 Jul 2021 - NEW YORK, July 10 – China will continue to be a major contributor to global trade growth in the year ahead thanks to continued strength in China’s domestic demand and import demand driven by robust export orders, said an expert with investment research firm MRB Partners. “It is clear that China…

11 Jul 2021 - LONDON, United Kingdom, Jul 11 – British authorities warned against large gatherings ahead of the Euro 2020 football final Sunday, fearful of the highly transmissible Delta coronavirus variant that has fuelled outbreaks across the world. Many nations have been forced to reimpose curbs as they…

10 Jul 2021 - PARIS, France, Jul 10 – Nations across the globe hit new pandemic highs and reimposed Covid-19 restrictions on Saturday as G20 finance ministers meeting in Venice warned the economic recovery was threatened by variants and uneven vaccination campaigns. The highly transmissible Delta variant, first…

10 Jul 2021 - NAIROBI, Kenya, Jul 10 —RES4Africa Foundation has appointed Schneider Electric’s Middle East and Africa President Caspar Herzberg to its Executive Committee. The not-for-profit association, which is committed to promoting a green energy transition throughout the continent, made the decision during…

10 Jul 2021 - MACHAKOS, Kenya, Jul 10 – President Uhuru Kenyatta on Friday commissioned two key projects at the Konza Technopolis, signaling Government’s commitment to the completion of the country’s first smart city. The President, who was on an inspection tour of infrastructure projects implemented by the…

10 Jul 2021 - Venice (AFP), Jul 10 – Finance ministers from the G20 richest nations are expected to give the green light Saturday to a historic deal to tax multinational companies more fairly. The framework for reform, including a minimum global corporation tax rate of 15 percent, was agreed upon by 131…

9 Jul 2021 - NAIROBI, Kenya, Jul 9 – The Kenya Pipeline Company (KPC) on Friday paid special recognition to 29 staff members who led the integration of the industry acclaimed SAP Oil and Gas (SAP IS Oil) system with Kenya Revenue Authority’s (KRA) Integrated Customs Management Systems (ICMS). The system is…

9 Jul 2021 - NAIROBI, Kenya, Jul 9 – Manufacturers from Kenya and Tanzania have called for the expedited resolution of non-tariff barriers (NTBs) and the review of the East African Community Common External Tariff (EAC CET). This was during the trade investment forum held on Thursday, hosted by Kenya…

9 Jul 2021 - JUBA, South Sudan, Jul 9 – President Salva Kiir pledged Friday not to return South Sudan to war as the country marked 10 years of troubled independence with little to rejoice. At midnight on July 9, 2011, raucous celebrations erupted as the world’s newest nation was born and the people of South…

9 Jul 2021 - NAIROBI, Kenya, Jul 9 – Digital Lenders now say they support the proposal to have their work regulated by the Central Bank of Kenya (CBK).   In a statement, Digital Lenders Association Chairperson Kevin Mutiso says they support the recent regulation drafted by the parliamentary finance and planning…

9 Jul 2021 - NAIROBI, Kenya July 8 – The government has embarked on a review process of business models of 18 State Corporations that are facing financial shortfalls with the possibility of providing solutions. Treasury Cabinet Secretary Ukur Yattani said the 18 organizations currently have a liquidity gap over…

9 Jul 2021 - NAIROBI, Kenya, Jul 9 – The East African Community and the East African Business Council (EABC), the umbrella body bringing together private sector associations in East Africa, today launched the EAC-EABC Technical Working Group at the EAC Headquarters in Arusha, Tanzania.   The EAC-EABC Technical…

8 Jul 2021 - NAIROBI, Kenya, Jul 8 – Kenya Airways PLC (KQ) has launched the Fahari Innovation Hub, a centre for innovation that acts as a springboard for new ideas and data-driven innovations to accelerate impact-driven solutions that address some of the societal and business challenges. The Fahari Innovation…

8 Jul 2021 - NAIROBI, Kenya, Jul 8 – Domestic workers are among the lowest earners in most nations and often get minimal protection from legislation related to other workers, according to a new survey conducted in Kenya, Nigeria and South Africa.  The survey produced by South African on-demand home services…

8 Jul 2021 - Brussels, Belgium, July 8 – The EU’s antitrust authority on Thursday fined German auto giants Volkswagen and BMW 875 million euros for colluding on the development of anti-pollution technology for diesel cars. Launched after anti-cartel raids in 2017, the case marked yet another blow against the…

8 Jul 2021 - UAE, Dubai, July 8 – Dubai authorities were Thursday investigating an explosion on a container ship carrying flammable materials, which unleashed a fireball at one of the world’s busiest ports and sent shockwaves through the city. Firefighters rushed to the scene at Jebel Ali Port to tackle the…

8 Jul 2021 - NYERI, Kenya, Jul 7 – As coffee prices in the county improve, a section of farmers from Mathira constituency have embraced organic farming as a way of upgrading production and the quality of their produce. The farmers who are plying their trade at Kanyama village say they no longer use conventional…

8 Jul 2021 - SAN FRANCISCO, United States, Jul 8 -Dozens of US states joined forces in a lawsuit filed Wednesday accusing Google of abusing its power when it comes to getting apps for Android-powered mobile devices. The litigation aimed at the Play Store online shop for apps and other digital content for…

7 Jul 2021 - NAIROBI, Kenya, Jul 7 – Microsoft has unveiled a new cloud-based business management solution, Dynamics 365 Business Central, to help small and medium-sized businesses (SMBs) in Africa and the Middle East to streamline their operations. Dynamics 365 Business Central will support the SMBs to connect…

7 Jul 2021 - NAIROBI, Kenya, Jul 7 – Kenyan firms selling to foreign clients continued to see a strong rise in new export sales at the end of the second quarter, a new Survey has shown.  According to a Stanbic Bank finding, surveyed businesses have often commented that looser restrictions in European countries…