- DOHA, Feb. 23 (Xinhua) — Qatar’s Prime Minister and Minister of Foreign Affairs Mohammed bin Abdulrahman Al Thani met here on Sunday with Syria’s interim Foreign Minister Asaad al-Shaibani to discuss bilateral cooperation and the latest developments in Syria, according to a statement by Qatar’s…
- NAIROBI, Kenya, Feb 24 – The Court of Appeal Kenya has dismissed Equity Bank’s appeal, which aimed at dismissing an appeal filed by three former employees of the bank who were demanding compensation after their exit from the bank. In a ruling delivered by a three-judge bench on 21st February, the…
- KUALA LUMPUR, Feb. 24 (Xinhua) — Tourist arrivals from China to Malaysia rose to 3,725,894 in 2024, with an impressive increase of 130.9 percent year-on-year, according to Malaysia’s Ministry of Tourism, Arts, and Culture. This boost, driven by the continuation of the visa-free policy for Chinese…
- NAIROBI, Kenya, Feb 24 – KCB Bank Kenya has secured a Sh13 billion ($100 million) Tier 2 capital facility from British International Investment (BII) to expand lending to climate-focused projects and women-led small and medium-sized enterprises (SMEs). The funding will strengthen KCB’s balance…
- NAIROBI, Kenya, Feb 24 – Kenya is set to experience significant economic and social disruptions following the abrupt withdrawal of U.S. Agency for International Development (USAID) funding, according to a new report by Faida Bank. The lender, in its 2025 Macroeconomic Outlook, warned that the…
- NAIROBI, Kenya, Feb 24 – Inadequate branding is causing Kenyan SMEs a 60 percent revenue loss, a new report shows, highlighting the importance of positive publicity for firms. This is contained in the latest Elite Mawu Agency ‘Kenya Branding Report Card 2025,’ which was conducted online between…
- NAIROBI, Kenya, Feb 24 – The Rural & Urban Private Hospital Association of Kenya (RUPHA) has urged members to continue offering medical services to emergency patients as the suspension on Social Health Authority (SHA) and Medical Administrators Kenya Limited covers starts today over mounting…
- FEB 24 – India and the UK will restart free trade talks on Monday, nearly a year after negotiations were paused ahead of general elections in both countries. Jonathan Reynolds, the UK’s business and trade secretary, is in Delhi, where he will meet his Indian counterpart Piyush Goyal to kick off the…
- WASHINGTON, Feb. 24 (Xinhua) — The U.S. Agency for International Development (USAID) will lay off 1,600 employees in the United States and place the majority of the remaining staff on administrative leave, the agency said Sunday. “As of 11:59 p.m. EST (Eastern Standard Time) on Sunday, Feb. 23,…
- NAIROBI, Feb. 24 (Xinhua) — Kenyan President William Ruto said on Sunday that the government will revise visa and Electronic Travel Authorization (eTA) requirements for passengers arriving at the Port of Mombasa as part of efforts to boost cruise tourism. Ruto said the multiple-entry eTA will allow…
- NAIROBI, Kenya, Feb 23 – Kenya Airways (KQ) has signed a Memorandum of Understanding (MoU) with London Metropolitan University to enhance aviation education and training. The agreement, signed by KQ CEO Allan Kilavuka and London Metropolitan University Vice-Chancellor Julie Hall, will enable the…
- FEB 23 – US government workers received an email on Saturday afternoon asking them to list their accomplishments from the past week or resign – the latest development in the Trump administration’s efforts targeting the federal workforce. The email came after billionaire Trump confidante Elon Musk…
- FEB 23 – BMW has confirmed it is delaying the reintroduction of electric vehicle production at its Oxford Mini plant. The vehicle manufacturer said “multiple uncertainties facing the automotive industry” had led to its decision decision to pause work on the £600m upgrade of its plant in Cowley. It…
- NAIROBI, Kenya, Feb 22- The State Department for Higher Education and Research is potentially facing a funding crisis in the upcoming 2025/2026 fiscal year due to significant reductions in the proposed allocations for its recurrent and development expenditures. The proposed allocation for the state…
- NAIROBI, Kenya Feb 22 – BAT Kenya has posted a Sh25.7 billion net revenue for the year ending December 31, 2024, according to its end year performance report. The company, which saw a 955 percent surge in financing costs due to foreign exchange losses, managed to achieve a 1 percent increase in net…
- FEB 22 – Cryptocurrency firm Bybit said hackers stole $1.5bn (£1.1bn) worth of digital currency in what could be the biggest crypto theft in history. The Dubai-based company’s founder told users that their funds were “safe” and that it would refund any of those affected. It said hackers stole from…
- NAIROBI, Feb. 22 (Xinhua) — Kenya hosted a delegation of Asian buyers Thursday as part of its intensifying effort to diversify its coffee export markets beyond traditional destinations in Europe and North America. The Africa Coffee Trade Fair 2025, held over the course of a day, brought together…
- SINGAPORE, Feb. 22 (Xinhua) — Singapore’s international trade in services totaled 919.1 billion Singapore dollars (about 689 billion U.S. dollars) in 2023, marking a 4.8 percent increase from the previous year, according to data released by the Singapore Department of Statistics on Friday. Services…
- NAIROBI, Kenya, Feb 22 – Sixty Micro, Small, and Medium Enterprises (MSMEs) in Taita Taveta County have undergone training on risk management and insurance awareness. The program, led by the Insurance Regulatory Authority (IRA), aimed to equip entrepreneurs with essential knowledge on insurance…
- NAIROBI, Kenya, Feb 21 – The Kenya Airports Authority (KAA) is actively managing a fire incident currently affecting a section of the grassland surrounding Jomo Kenyatta International Airport (JKIA). A coordinated response team, including the KAA Airport Rescue & Fire Fighting Service, the…
- Feb 21 – Titan Company, the watches and jewellery arm of India’s Tata Group, is in negotiations with Qatar-based Mannai Corporation to acquire a significant stake in Damas Jewellery, according to a report by the Economic Times. Discussions, which began a year ago, center on Damas’s valuation,…
- MOSCOW, Feb. 21 (Xinhua) — U.S. technology company Google LLC was fined multiple times by Russia in 2024 for content violations, said the authorities on Friday. “In 2024, courts fined Google LLC four times. The total amount of fines reached 15.1 million rubles (about 170,000 U.S. dollars),” Russian…
- NAIROBI, Kenya, Feb 21 – Kenya Pipeline Company (KPC) has unveiled a new pump station at Ngema, increasing the product flowrate along the 14-inch western Kenya pipeline to 510M³ per hour, up from 330M³ per hour-representing a 69 percent increase. The $10.9 million (Sh1.4 billion) project features…
- NAIROBI, Kenya, Feb 21 – The government’s decision to impose graphic health warnings on alternative nicotine products could undermine efforts to curb the 12,000 annual smoking-related deaths in Kenya, according to the Campaign for Safer Alternatives (CASA). The warnings, featuring explicit images…
- FEB 21 – Delta Air Lines is offering US$30,000 (£23,792) to each person on board a plane that crash-landed in Toronto on Monday – all of whom survived. As it landed in the Canadian city, the plane skidded along the runway in flames before flipping over and coming to a halt upside down. Passengers…
- NAIROBI, Kenya, Feb 21 – Kenya’s agriculture sector recorded a 6.5 percent growth in 2023, but experts warn that sustained progress will require greater investment in climate resilience, subsidies, and insurance schemes, according to a report by the Institute of Economic Affairs. The report…
- FEB 21 – A meeting between Chinese president Xi Jinping and some of the country’s foremost business leaders this week has fuelled excitement and speculation, after Alibaba founder Jack Ma was pictured at the event. The charismatic and colourful Mr Ma, who was one of China’s most prominent…
- PARIS, Feb. 21 (Xinhua) — European aircraft manufacturer Airbus announced on Thursday that its total revenues reached 69.2 billion euros (72.6 billion U.S. dollars) in 2024, marking a 6-percent increase from the previous year. In its full-year financial results, Airbus reported net income of 4.2…
- NAIROBI, Kenya, Feb 20 – Small and medium enterprises (SMEs) in Kenya are increasingly adopting digital payments, leveraging technology, and forming strategic collaborations to drive growth and resilience, as highlighted in the third edition of the Mastercard SME Confidence Index. With 91 percent…
- NAIROBI, Kenya, Jan 20 – KK Security Limited is set to lay off approximately 1,000 employees across all cadres in Kenya amid tough Economic challenges. In an internal memo addressed to staff, Kenya Kazi Services Limited and Kenya Kazi Limited cited the rising cost of operations, recent legislative…
- FEB 20 – The US President Donald Trump has said he is not happy with Boeing over a contract to build two new Air Force One planes that is running behind schedule. Speaking on board one of the 35-year-old presidential planes that are currently in use, Trump also said he is looking for alternatives…
- NAIROBI, Kenya, Feb 20 – Digital payment platform Tendepay has received approval from the Central Bank of Kenya (CBK) to operate as a licensed Payment Service Provider (PSP), marking a significant step in Kenya’s evolving fintech landscape. The authorization allows Tendepay Limited to process and…
- NAIROBI, Kenya, Feb 20 – Inlaks, a leading ICT infrastructure and systems integrator in Sub-Saharan Africa, has signed a Country Model Bank (CMB) agreement with Temenos, a global leader in banking software, to drive digital transformation in East Africa’s financial sector. The agreement, which…
- NAIROBI, Kenya Feb 20 – Uasin Gishu County hosted a Transformative Business Awareness Forum on Wednesday to provide market linkages for the growth of Micro, Small, and Medium Enterprises (MSMEs). The forum, organized by the Micro and Small Enterprises Authority (MSEA) in partnership with SNV, an…
- NAIROBI, Kenya, Feb 20 – Reckitt, a global hygiene, health, and nutrition firm, has appointed Mustapha Bugaje as the Country Manager for Kenya. In this role, Bugaje will oversee operations, drive growth, and strengthen Reckitt’s presence in the East African region. Bugaje’s appointment comes as…
- NAIROBI, Kenya, Feb 20 – Kenya’s tourism sector is embracing photography as a key tool to promote the country’s attractions, following the success of the first edition of the Tembea Kenya Capture Magical Kenya Photography Contest. The contest, organized by the Kenya Tourism Board (KTB), aimed to…
- NAIROBI, Kenya, Feb 20 – Health insurance and technology leaders are betting on Artificial Intelligence (AI) and real-time data to improve healthcare quality, lower costs, and expand insurance access in Kenya. AI is poised to enhance decision-making, streamline operations, and make health insurance…
- WASHINGTON, Feb. 20 (Xinhua) — The White House has stopped all funding to the Palestinian Authority (PA) security forces, The Washington Post reported Wednesday, citing U.S. and Palestinian officials. The United States last stopped direct aid to the PA during Donald Trump’s first term but continued…
- NAIROBI, Kenya, Feb 20 – The number of licensed fund managers in Kenya has increased to 43 after the Capital Markets Authority (CMA) granted a license to Tradiam Investment Services Limited. CMA Chief Executive Officer Wyckliffe Shamiah noted that assets under management in collective investment…
- NAIROBI, Kenya, Feb 20 – The number of licensed fund managers in Kenya has increased to 43 after the Capital Markets Authority (CMA) granted a license to Tradiam Investment Services Limited. CMA Chief Executive Officer Wyckliffe Shamiah noted that assets under management in collective investment…
- NAIROBI, Kenya, Feb 20 – The 7th Africa Air Cargo and Freight Logistics Conference 2025 began today in Nairobi, bringing together over 2,000 global stakeholders to discuss transport solutions and the future of Africa’s air cargo industry. Kenya Airports Authority (KAA) Board Chairman Caleb Kositany…
- FEB 20 – Microsoft has unveiled a new chip called Majorana 1 that it says will enable the creation of quantum computers able to solve “meaningful, industrial-scale problems in years, not decades”. It is the latest development in quantum computing – tech which uses principles of particle physics to…
- NAIROBI, Kenya, Feb 20 – Kenya Airways has acquired a new aircraft as the airline commits to higher capacity, enhance operationak efficiency and meet growing demand. The Boeing 737-800, which has a capacity of 170 seats and was acquired from Dubai Aerospace Enterprise (DAE), now grows the national…
- FEB 20 – American shoppers may face higher prices if US President Donald Trump goes ahead with some of his proposed tariffs, the US central bank has warned. Minutes from the Federal Reserve’s January meeting released on Wednesday revealed members of its committee believe Trump’s policies might “…
- FEB 20 – Apple has announced a new iPhone which brings artificial intelligence (AI) features at a lower cost than its flagship handsets. The iPhone 16e has the same processor as the larger iPhone 16, Apple said, with similar storage options, though a lower spec elsewhere, including fewer cameras.…
- DAR ES SALAAM, Feb. 20 (Xinhua) — The East African Community (EAC) announced on Wednesday that it will promote the region as a unified tourism destination at the International Tourism Bourse in Berlin, Germany, scheduled on March 4-6. The EAC, a regional intergovernmental organization of eight…
- By Kyrylo Khomiakov NAIROBI, Kenya, Feb 19 – The crypto world is full of opportunities but can also pose risks. Whether it’s market volatility, cyber threats, or human errors, managing these risks is key to navigating the long game of crypto. Let’s delve into the fundamentals of risk management and…
- ROME, Feb. 19 (Xinhua) — Tech giant Google has paid 326 million euros (339.4 million U.S. dollars) to settle a dispute over unpaid taxes, Italian authorities confirmed on Wednesday. Prosecutors in Milan launched an investigation into Google Ireland Limited after the Italian revenue agency…
- NAIROBI, Kenya Feb 19 – Kenya welcomed 7.5 million tourists last year, latest data shows, with the government targeting 5 million international visitors and 10 million domestic tourists by 2027. Tourism and Wildlife Cabinet Secretary Rebecca Miano revealed that the country received 2.4 million…
- LONDON, Feb. 19 (Xinhua) — Britain’s Consumer Prices Index (CPI) rose 3 percent year-on-year in January, up from 2.5 percent in December 2024, surpassing market expectations, according to official data. The latest data marks the highest inflation rate in 10 months, with most economists predicting a…
