- NAIROBI, Kenya, July 8 – Automotive and equipment distributor Car and General has reported a recovery in its boda boda sales following a slump in 2024. According to the company’s General Manager, George Rubiri, the resurgence is driven by improved financial behaviour among buyers and a more stable…
- NAIROBI, Kenya July 8 – Association of Insurance Brokers of Kenya (AIBK) has partnered with Birdview Microinsurance to scale up microinsurance adoption, particularly among niche and underserved markets. The partners aver that the move is anchored on deepening insurance access in Kenya. AIBK CEO,…
- NAIROBI, Kenya, July 8 – The Kenya Bureau of Standards (KEBS) has introduced a mandatory document validation process for used motor vehicles imported without a valid Certificate of Roadworthiness (CoR). In a notice to importers, KEBS said the new requirement is aimed at curbing the importation of…
- NAIROBI, Kenya, July 8 – MyCredit, a fast-growing non-bank financial institution in Kenya, has donated Sh500,000 to the WEDCO Youth Program, an initiative that equips vulnerable youth with life skills, entrepreneurship training, and mental health support. The contribution is part of MyCredit’s…
- JULY 8 – South Africa’s President Cyril Ramaphosa has opposed what he calls the “unilateral” higher trade tariffs imposed on his country by the US. US President Donald Trump announced on Monday that he would subject imports from South Africa to a new 30% tariff from 1 August. It is the only African…
- NAIROBI, Kenya, July 8 – Start-ups in Africa that are led by women continue to face major challenges in raising capital, particularly as they seek later-stage funding, according to new data from Africa: The Big Deal, a U.S.-based newsletter tracking start-up investments across the continent. In a…
- NAIROBI, Kenya Jul 8 – The Government has dismissed claims that it has banned the export of fresh avocados, assuring both local producers and international markets that trade remains uninterrupted. Government Spokesperson Isaac Mwaura clarified that no such proposal was discussed in a recent high-…
- JULY 8 – President Donald Trump has officially delayed imposing higher tariffs on US imports, while sending letters to 14 countries including Japan and South Korea detailing the levies they face. The latest development comes as a 90-day pause the White House placed on some of its most aggressive…
- NAIROBI, Kenya, July 8 – ICT Authority is looking to fill the Chief Executive Officer (CEO) office after the sacking of Stanley Kamanguya last week. In an advertisement, the Authority said that the new CEO will offer strategic leadership and direction. The officeholder must hold a Bachelor’s or…
- NAIROBI, Kenya, July 8 – The government has extended the period for public input on the proposed Traffic and Transport Regulations, 2025 by an additional 14 days, according to a statement posted by the National Transport and Safety Authority (NTSA) on X (formerly Twitter). The regulations propose a…
- JULY 8 – The US plans to impose a 25% tax on products entering the country from South Korea and Japan on 1 August, President Donald Trump has said. He announced the tariffs in a post on social media, sharing letters he said had been sent to leaders of the two countries. The White House […]
- SEOUL, July 7 (Xinhua) — South Korea’s tech behemoth LG Electronics posted a double-digit fall in second-quarter operating profit due to the negative effect of the U.S. tariffs imposition and the delayed domestic demand recovery, the company said Monday. Preliminary operating profit tumbled 46.6…
- NAIROBI, Kenya, July 7 – Kenyan startups raised Sh17 billion in the first half (H1) of this year, a new report shows, highlighting the country’s attractiveness among international investors. Latest Africa: The Big Deal, an American newsletter for start-ups, shows that this was a 12 percent…
- NAIROBI, Kenya, July 7 – WHX Nairobi and WHX Labs Nairobi are set to convene in Nairobi to discurse an array of ussues among them growing shortfal of health workers in the country. The summit arrives at a time when Kenya is facing a pressing health workforce crisis. The country is producing far…
- NAIROBI, Kenya, July 7 – The 9th AgroFood-PlastPack Exhibition is set to take place at the Sarit Centre in Nairobi from August 21 to 23, bringing together stakeholders from across Africa and beyond to showcase advancements in agriculture, poultry, food processing, plastics, paper, and tissue.…
- SINGAPORE, July 7 (Xinhua) — A total of 26,328 marriages were registered in Singapore in 2024, marking a 7.0 percent decline from the 28,310 marriages recorded in 2023, according to figures released Monday by the Singapore Department of Statistics. The annual average number of marriages from 2020…
- NAIROBI, Kenya, July 7 – The Central Bank of Kenya (CBK), in partnership with the Kenya Bankers Association (KBA), has launched a nationwide survey to assess user experience on the Total Cost of Credit (TCC) website, with the aim of upgrading the platform to better serve borrowers. The TCC website…
- VIENNA, July 7 (Xinhua) — OPEC and its allies, collectively known as OPEC+, announced the decision on Saturday to increase oil output by 548,000 barrels per day (bpd) in August, a faster move compared with July. In July, the OPEC+ countries saw an oil output increase of 411,000 bpd amid a plan to…
- NAIROBI, Kenya, July 7 – A large number of businesses in Nairobi’s Central Business District (CBD) and surrounding areas remained closed on Monday amid fears of looting and violence associated with the planned Saba Saba protests. A spot check by Capital FM Business found that several supermarkets,…
- JULY 7 – US President Donald Trump says countries that side with the polices of the Brics alliance that go against US interests will be hit with an extra 10% tariff. “Any country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% tariff. There will be no…
- NAIROBI, Kenya, July 7 – Kenya Railways has attributed the suspension of the Mombasa to Nairobi Madaraka Express 10pm train on July 6 to a technical hitch, assuring affected passengers that efforts are underway to resolve the issue. In a public notice, the rail operator confirmed that alternative…
- JULY 5 – As Donald Trump cheered the passage of his self-styled, and officially named, Big Beautiful Budget Bill through Congress this week, long-sown seeds of doubt about the scale and sustainability of US borrowing from the rest of the world sprouted anew. Trump’s tax-cutting budget bill is…
- NAIROBI, Kenya, July 5 – Jambojet has reinducted one of its earlier leased aircraft, a Dash 8-400 previously registered as JXA, into its fleet as part of efforts to boost capacity on high-demand domestic routes. The aircraft, which was first leased in 2016 from Abu Dhabi Aviation, returned to Jomo…
- NAIROBI, Kenya, July 4 – The CPF Group has posted strong financial results for the year ended 2024, driven by robust asset growth and rising membership across its pension schemes. The LAPTRUST Defined Benefit (DB) Scheme saw net assets rise to Sh28.1 billion, up from Sh26.99 billion in 2023,…
- JULY 5 – US President Donald Trump has signed his landmark policy bill into law, a day after it was narrowly passed by Congress. The signing event at the White House on Friday afternoon enacts key parts of the Trump agenda including tax cuts, spending boosts for defence and the immigration…
- TALA, Kenya, July 3, 2025 – Residents of Machakos County are set to benefit from expanded access to quality medical services following the opening of The Tala Hospital, a modern 120-bed facility offering a range of outpatient, emergency, and specialist care. Located in Tala town, the hospital is…
- ELDORET, Kenya, July 4 – Minet, a leading risk management and insurance advisory firm, has unveiled a new full-service branch in Eldoret as part of a strategic move to tap into the town’s fast-growing small and medium-sized enterprise (SME) ecosystem. The relocation comes in response to Eldoret’s…
- JULY 4 – ASA International, one of the world’s largest microfinance institutions focused on serving low-income, predominantly female entrepreneurs, has partnered with technology-driven microinsurance provider Turaco to launch an Enhanced Credit Life insurance product across its African markets. The…
- JULY 4 – It’s pitch black and we’re crawling along a secret underground tunnel beneath a high street in Hull. We pass rotting beams propped up precariously by stacked breeze blocks. A rusty car jack is helping prevent the shop floor above from falling in. Through the rubble, we follow a Trading…
- NAIROBI, Kenya, July 4, 2025 – Kenya’s cross-border trade recorded a sluggish start to 2025, with latest data showing a decline in both export receipts and import spending across multiple global markets. The performance reflects a cautious global trade environment shaped by shifting demand,…
- NAIROBI, July 4, 2025 – The Co-operative Bank of Kenya has partnered with the Kenya Tea Development Agency (KTDA) to unlock new financial opportunities for over 260,000 smallholder tea farmers. The collaboration unveiled at the inaugural launch of the KTDA Magazine and the Farmer First Mantra…
- By Anna Manyara JULY 4 – For the first time in history, five generations are working side by side. This unprecedented convergence spanning from seasoned traditionalists to tech-savvy Gen Zs presents both a challenge and an opportunity for today’s organizations. The workplace is no longer a simple…
- NAIROBI, Kenya, Jul 4 – Fresh Del Monte Produce Inc, a global fresh produce industry, has issued a clarification to investors, partners, and stakeholders, distancing itself from Del Monte Foods Inc, a separate U.S.-based entity currently entangled in litigation and bankruptcy proceedings. In a…
- JULY 4 – Budget airline Ryanair is planning to increase its “personal bag” size by 20% as the EU brings in a new standard. Passengers will be allowed to take an item such as a handbag or laptop bag measuring up to 40cm x 30cm x 20cm in the cabin without paying an extra fee. […]
- NAIROBI, Kenya, July 4 – East African Breweries (EABL) has named Andrew Kilonzo as the new Managing Director (MD) of the Kenya Breweries Limited (KBL), effective September 30, 2025. Kilonzo will take over from Mark Ocitti, who will be stepping down after a decade at the brewer. Currently, the new…
- JULY 4 – The US Congress has passed Donald Trump’s sprawling tax and spending bill in a significant and hard-fought victory for the president and his domestic agenda. After a gruelling session on Capitol Hill, the House of Representatives passed the bill by a vote of 218 to 214 on Thursday…
- NAIROBI, Kenya, July 4 – Kenya’s economic growth in quarter one (Q1) of 2025 stagnated at 4.9 percent compared to a similar period last year due to poor performance of hospitality, information, and communication, as well as financial and insurance sectors, which recorded decelerations. The Kenya…
- NAIROBI, Kenya, July 4 – Anne Rwamba Gitau’s stint as CEO and Chairman of the Salaries and Remuneration Commission (SRC) has ended, it was announced yesterday. SRC said that Gitau’s tenure lapsed effective June 30, 2025. She handed over the role to Margaret Njoka, who is currently serving as…
- JULY 4 – Hiring in the US defied expectations with 147,000 jobs added in June, according to the latest figures. The gain was much bigger than the 110,000 analysts had predicted, with government and healthcare the sectors driving the rise. The unemployment rate declined to 4.1%, down from 4.2% in…
- JULY 3 – Tens of thousands of passengers have been hit by a French air traffic control strike that has cancelled flights in France on Thursday and Friday and had a knock-on effect elsewhere in Europe. Budget airline Ryanair said it had been forced to cancel more than 170 flights and the holiday…
- NAIROBI, Kenya, July 3 – Kenya’s private sector activity declined for the second consecutive month in June, reflecting mounting pressure on businesses amid a challenging economic environment. According to the latest Stanbic Bank Kenya Purchasing Managers’ Index (PMI), the PMI fell to 48.6 in June…
- NAIROBI, Kenya Jul 3 – The Coca-Cola Company and its authorized bottlers contributed $10.4 billion in value-added economic activity across their value chain in Africa in 2024, according to an Africa-wide socio-economic impact study presented during the 2025 U.S.-Africa Business Summit in Luanda,…
- NAIROBI, Kenya, July 3 – African ministers have pledged to protect millions of donkeys from rampant skin trade, marking a turning point for both the animals and the rural communities that depend on them. At the Pan-African Donkey Conference (PADCo) held in Abidjan, Cote d’Ivoire, leaders signed the…
- NAIROBI, Kenya, July 3 – The Kenya Revenue Authority (KRA) has announced a waiver on interest and penalties for late filing of income tax returns for 2024, following technical disruptions experienced on its iTax platform during the June 30 filing deadline. In a public notice, KRA attributed the…
- NAIROBI, Kenya, July 3 – Kenya is leading a push for targeted sector-based investment across Africa through the inaugural NextFrontierAfrica Summit, which opened today in Nairobi. The summit brings together investors, policymakers, innovators, and development partners to explore ways to unlock…
- JULY 3 – US President Donald Trump has called for the chair of the Federal Reserve to quit right away, in an escalation of his attacks on Jerome Powell. “‘Too Late’ should resign immediately!!!”, Trump said in a post on his Truth Social platform. He also included a link to a news article about a US…
- JULY 3 – Microsoft has confirmed that it will lay off as many as 9,000 workers, in the technology giant’s latest wave of job cuts this year. The company said several divisions would be affected without specifying which ones but reports suggest that its Xbox video gaming unit will be hit. Microsoft…
- NAIROBI, Kenya, July 3 – President William Ruto has announced plans to list the Kenya Pipeline Company (KPC) on the Nairobi Securities Exchange (NSE) through an Initial Public Offering (IPO) in 2025, as part of a broader push to privatise state-owned enterprises and attract global capital. Speaking…
- NAIROBI, July 3 (Xinhua) — Kenya has so far disbursed 2.8 billion shillings (21.6 million U.S. dollars) as monetary compensation to victims of human-wildlife conflict, the Kenya Wildlife Service (KWS), a state agency mandated with protecting wildlife, said on Wednesday. In a statement released in…
- JULY 3 – Elon Musk’s Tesla has reported a 14% decline in vehicle deliveries in the second quarter of the year, as the electric car-maker’s problems show no sign of abating. The just over 384,000 vehicles it delivered between April and June represents the second quarterly drop in a row. Tesla…
