- NAIROBI Kenya, Feb 28 – High Court has dismissed a petition seeking to stop leasing of government-owned sugar farms, arguing that public participation was adequately done and the process followed the Public Private Partnership Act. Judge Chacha Mwita’s ruling today now paves the way for the…
- MOSCOW, Feb. 28 (Xinhua) — Russia opposes trade wars in the world as they negatively affect all countries, local media reported Thursday, citing Kremlin spokesman Dmitry Peskov. “We would not want to see many trade wars in the world. Because, one way or another, this will negatively affect all…
- NAIROBI, Kenya, Feb 28 – Nairobi County has approved the construction of a miraa market in Nairobi’s Ziwani area (Starehe Sub-County). Its County Executive Committee Member for Business and Hustler Opportunities, Anastasia Nyalita, told miraa traders during a public participation forum that the…
- FEB 28 – Goldman Sachs has pledged £1.5m to a West Midlands apprenticeship fund to help businesses in the region to develop their staff. The investment bank announced it would be committing funds from its apprenticeship levy to the West Midlands Combined Authority (WMCA) levy transfer scheme. The…
- NAIROBI, Kenya, Feb 28 – A Nairobi Court has suspended implementation of a new organizational structure at the Kenya Revenue Authority (KRA) amid a petition by the Trusted Society of Human Rights Alliance. The ruling was made by Justice Bahati Mwamuye of the Milimani High Court’s Constitution and…
- FEB 28 – A trade deal between the US and UK could happen “very quickly”, President Donald Trump said at a joint press conference with Sir Keir Starmer. Speaking during the prime minister’s visit to the White House, Trump envisaged “a real trade deal” which could see the UK avoid the kind of tariffs…
- KIGALI, Rwanda, Feb 28 – Medical practitioners, policy experts, and researchers have raised concerns over the declining number of surgical professionals in Africa, warning that the crisis could reach critical levels by 2030, leaving millions without access to life-saving procedures Studies…
- FRB 28 – Donald Trump said he planned to hit goods from China with a new 10% tariff, the latest salvo in the US president’s steadily escalating trade fights. Imports from China already face taxes at the border of at least 10%, after a Trump tariff order that went into effect earlier this month.…
- NAIROBI, Kenya, Feb 27 – Credit Bank Plc has launched the Sacco Cash Pickup Portal Remittance Service, a new initiative aimed at enhancing financial access for Kenyans in rural areas by simplifying overseas remittances. Developed in partnership with Skyline Sacco, the service enables recipients…
- NAIROBI, Kenya, Feb 26 – KCB Group has signed up for the Pan-African Payment and Settlement System (PAPSS), becoming the first bank in East Africa to integrate the platform into its operations. The move will enable KCB customers to enjoy faster settlements, lower currency conversion costs, and…
- SINGAPORE, Feb. 27 (Xinhua) — Singapore’s service industries experienced an 8.5 percent year-on-year growth in overall business receipts in the fourth quarter of 2024, with all sectors posting higher receipts, according to data released by the Singapore Department of Statistics on Thursday. The…
- Nairobi, Kenya, Feb 27 – Kenyan businesses are grappling with rising taxation and operational costs, threatening their expansion and sustainability. Spenza Limited, a maize meal and animal feed milling company, has urged the government to introduce stimulus packages to ease the financial burden…
- Nairobi, Kenya, Feb 27 – Kenyan businesses are grappling with rising taxation and operational costs, threatening their expansion and sustainability. Spenza Limited, a leading maize meal and animal feed milling company, has urged the government to introduce stimulus packages to ease the financial…
- NAIROBI, Kenya, Feb 27 – The Social Health Authority (SHA) is searching for a new Chief Executive Officer after former CEO Elijah Wachira was dismissed last year over professional conduct and performance issues. In a public notice, SHA outlined the qualifications for applicants, including Kenyan…
- FEB 27 – A Succession-like feud has engulfed one of Singapore’s richest families as property tycoon Kwek Leng Beng accused his son of plotting a boardroom takeover. Mr Kwek says he has filed court papers accusing his son Sherman of trying to take control of the property firm City Developments…
- NAIROBI, Kenya, Feb 26 – The government has moved to regulate market dominance, particularly in the rapidly expanding digital economy, with the introduction of the Competition (Amendment) Bill, 2024. The Bill, spearheaded by the Competition Authority of Kenya (CAK), seeks to amend existing…
- FEB 27 – Nvidia, the chip giant at the heart of the artificial intelligence (AI) boom, said its business remained strong, despite fears of a bubble stirred by the emergence of Chinese AI firm DeepSeek last month. Sales of the firm’s chips hit more than $39bn (£30.7bn) over the three months ended 27…
- FEB 27 – Instagram is reportedly considering launching its short-form video feature, Reels, as a separate app as the future of Chinese-owned TikTok remains uncertain in the US. The social media platform’s boss Adam Mosseri told staff about the potential move this week, according to technology…
- NAIROBI, Feb. 27 (Xinhua) — Kenya’s coffee exports in 2024 increased by 12 percent to 53,519 tonnes, according to an economic report released on Wednesday. The report from the Kenya National Bureau of Statistics (KNBS) said that this was a rise from 47,861 tonnes in 2023, with the exports boosted…
- Nairobi, February 26 – The standoff between Nairobi City County Government (NCCG) and Kenya Power (KPLC) has been resolved following a high-level meeting convened by Head of Public Service Felix Koskei. The meeting, attended by Nairobi Governor Johnson Sakaja and Energy CS Opiyo Wandayi, aimed to…
- NAIROBI, Kenya, Feb 26 – Rafiki Microfinance Bank has partnered with Turaco Microinsurance Kenya to enhance access to affordable insurance for underserved communities across Kenya. The partnership integrates microinsurance into Rafiki Microfinance Bank’s loan offerings, providing financial…
- ACCRA, Feb. 26 (Xinhua) — Johnson Asiama, Ghana’s newly-appointed central bank governor, has pledged to introduce a raft of reforms to restore macroeconomic stability and tame structural deficiencies in the economy. Asiama made the pledge on Tuesday after he was sworn into office by President John…
- NAIROBI, Kenya, Feb26 – Kakamega Senator Boni Khalwale has announced his intention to formally withdraw the contentious Public Transport (Motorcycle) Bill 2023, citing the need for further consultations with key stakeholders in the sector. In a statement shared on his official X platform, the…
- LONDON, Feb. 26 (Xinhua) — London Heathrow Airport handled a record 83.9 million passengers in 2024, marking a 6 percent increase from the previous year, the airport said in a statement on Wednesday. Cargo volumes also saw a 10 percent rise. The 2024 passenger figures surpassed Heathrow’s previous…
- NAIROBI, Kenya, Feb 26 – The Office of the Data Protection Commissioner (ODPC) has ruled in favour of Catherine Kainyu Murithi in a data privacy case, ordering Becton Dickinson and Company (BD East Africa) and Safaricom PLC to pay Sh250,000 each for unlawfully processing her personal data without…
- NAIROBI, Kenya, Feb 26 – At least 700 young women in Nairobi’s top hospitality institutions have received training on emerging market trends, career mentorship, and global job opportunities through an outreach program. The one-week event, hosted by Alliad in partnership with Evolvin’ Women,…
- FEB 26 – BP is expected to announce it will slash its renewable energy investments and instead focus on increasing oil and gas production. The energy giant will outline its strategy later following pressure from some investors unhappy its profits and share price have been much lower than its rivals…
- NAIROBI, Kenya, Feb 25-25 – Ministry of Water, Sanitation, and Irrigation has petitioned Parliament for an additional Sh12.29 billion to bridge the budgetary deficit. This includes Sh1.596 billion for recurrent expenses and Sh 10.701 billion for development projects. Principal Secretaries Julius…
- NAIROBI, Kenya, Feb 26 – Boehringer Ingelheim, the Germany-based research-driven biopharmaceutical company, has signed a Memorandum of Understanding (MoU) with Kenya’s Mission for Essential Drugs and Supplies (MEDS) to expand the reach of its ‘Access to Healthcare’ program. The agreement aims to…
- FEB 26 – Ukraine has agreed the terms of a major minerals deal with the US, a senior official in Kyiv has told the BBC. “We have indeed agreed it with a number of good amendments and see it as a positive outcome,” the official said, without providing any further details. Media reports say…
- NAIROBI, Feb. 26 (Xinhua) — The Kenya Association of Manufacturers (KAM) on Tuesday pledged to accelerate the adoption of circular economy solutions to enhance sustainability and reduce environmental waste. Speaking during the third edition of the Loop Forum Kenya, Tobias Alando, chief executive…
- NAIROBI, Feb. 26 (Xinhua) — Kenya on Tuesday announced a plan to buy back a 116.7 billion shilling (about 901.8 million U.S. dollars) note, which was part of its 2.1 billion dollar Eurobond issued in May 2019. The proceeds from the Eurobond will be used to retire part of the debt, the National…
- FEB 26 – India is home to 1.4 billion people but around a billion lack money to spend on any discretionary goods or services, a new report estimates. The country’s consuming class, effectively the potential market for start-ups or business owners, is only about as big as Mexico, 130-140 million…
- NAIROBI, Kenya, Feb 25 – In the bustling commercial area of Viken Thirty Industrial Park in Nairobi, Irene Ikiara moves confidently through her detergent manufacturing facility at Cenclean Enterprises, tablet in hand. With each swipe across the screen, she approves purchases, checks production…
- LONDON, Feb. 25 (Xinhua) — British Prime Minister Keir Starmer announced on Tuesday that the country will increase its defence spending to 2.5 percent of gross domestic product (GDP) by 2027. Speaking in the House of Commons, lower house of the parliament, ahead of his meeting with U.S. President…
- NAIROBI, Kenya, Feb 25 – The Communications Authority of Kenya (CA) has expressed concern over the disruption of internet services in Nairobi following the removal of fibre optic cables mounted on Kenya Power poles by Nairobi County authorities. In a statement, CA acknowledged complaints from ICT…
- FEB 25 – Russian President Vladimir Putin said he is open to offering the US access to rare minerals, including from Russian-occupied Ukraine. This comes after US President Donald Trump has repeatedly pushed for Ukraine to give up some of its minerals in exchange for support, in a deal which is…
- NAIROBI, Kenya, Feb 25 – The Commissioner of Insurance has extended the statutory management period for Invesco Assurance Company Limited for an additional six months, effective from February 14, 2025. The Commissioner of Insurance, in a notice to the public, stated that the extension follows…
- NAIROBI, Kenya, Feb 25 – The Micro and Small Enterprises Authority (MSEA), in partnership with SNV, has launched a series of forums to educate entrepreneurs on business policies and available support services, aiming to strengthen the Micro, Small, and Medium Enterprises (MSMEs) sector. The forums…
- SACRAMENTO, the United States, Feb. 25 (Xinhua) — U.S. egg prices have skyrocketed to unprecedented levels, with wholesale costs reaching over 8 U.S. dollars per dozen as highly pathogenic avian influenza (HPAI) continues to devastate commercial laying flocks across multiple states. According to…
- NAIROBI, Kenya, Feb 25 – Private guards are set to be paid Sh30,000 minimum wage after the High Court upheld a legal notice by the Private Security Regulatory Authority (PSRA). This follows the dismissal of a petition challenging the implementation of the minimum monthly wages for security guards,…
- FEB 25 – Starbucks is cutting 1,100 jobs and simplifying its menu in the US as it tries to improve flagging business in its home market. The first items to get the axe include the Royal English Breakfast Latte, White Hot Chocolate and several kinds of blended frappuccinos. But Starbucks said more…
- NAIROBI, Kenya, Feb 25 – Printing and imaging solution provider Seiko Epson Corporation (Epson) has announced the appointment of Junkichi Yoshida as its new President and Chief Executive Officer, effective April 1st, 2025. Yoshida succeeds Yasunori Ogawa, who will transition into the role of…
- NAIROBI, Kenya, Feb 25 – Nairobi City County officials have launched a major crackdown on unauthorized fiber optic cables mounted on power poles along key highways, aiming to disconnect internet cables installed without county approval. Speaking during the operation that began this on Tuesday on…
- FEB 25 – Apple plans to invest more than $500bn (£396bn) in the US over the next four years, starting with a new advanced manufacturing factory in Texas. The tech giant said it expected to create 20,000 new jobs over that time, with the “vast majority” of roles in research and development, software…
- NAIROBI, Kenya, Feb 25 – Assets seized from corrupt Kenyans will soon be auctioned as the Assets Recovery Agency (ARA) moves to recover stolen public resources. In a public notice published today, ARA announced that the forfeited assets will be auctioned under the provisions of the Proceed of Crime…
- NAIROBI, Kenya, Feb 25 – VFS Global has launched an AI-powered chatbot designed to enhance the visa application experience for UK-bound travelers. The chatbot, which leverages advanced Generative AI technology, provides instant, human-like responses via both voice and text commands, ensuring…
- FEB 25 – Singapore’s biggest bank says it expects to cut 4,000 roles over the next three years as artificial intelligence (AI) takes on more work currently done by humans. “The reduction in workforce will come from natural attrition as temporary and contract roles roll off over the next few years…
- NAIROBI, Kenya, Feb 24 -The reduction of interest rates by lenders in the country will spur borrowing, a new report has revealed. Faida Investment Bank, in its 2025 Macroeconomic Outlook, indicates that the move will see more liquidity advanced into the economy by lenders. The bank’s 2025…
- FEB 24 – Kyiv and Washington are close to signing a deal over US access to Ukraine’s mineral deposits, a Ukrainian minister says. Olga Stefanishyna, deputy prime minister for European and Euro-Atlantic integration, said on X that “negotiations have been very constructive, with nearly all key…
