- NAIROBI, Feb. 14 (Xinhua) — Kenya’s current account deficit narrowed to 3.6 percent of gross domestic product (GDP) in the year ending December 2024, down from 4.4 percent in the same period in 2023, a senior government official said on Thursday. John Mbadi, cabinet secretary of the national…
- FEB 13 – TikTok’s uncertain future in the US has caused a surge in people putting the app on their phones through unofficial means, the BBC has been told. An executive order from President Donald Trump means the social media platform can be used in the US despite the Supreme Court upholding a law…
- NAIROBI, Kenya, Feb 13 – The Capital Markets Tribunal has said that it will not proceed in hearing an appeal by Mihr Samir Thakar which challenged the decision of the Capital Markets Authority to suspend the trading of Kenya Airways PLC shares at NSE. A memorandum of appeal dated January 16, 2024…
- NAIROBI, Kenya, Feb 13 – Valentine’s Day is more than just a celebration of love it’s a high-revenue opportunity for the hospitality industry. Restaurants across the globe leverage the occasion by offering exclusive menus, creating immersive dining experiences, and curating romantic ambiances to…
- NAIROBI, Kenya, Feb 13 – The Consultative Group on International Agricultural Research (CGIAR) has unveiled a new Regional East and Southern African Scaling Hub in Kenya to accelerate science-based agricultural solutions across the continent. The hub seeks to bolster agribusiness through…
- KUALA LUMPUR, Feb. 13 (Xinhua) – Malaysia-based airline AirAsia X Berhad said Thursday that its passengers jumped 41 percent year-on-year to over four million in 2024. The firm said in a statement that driven by the reactivation of additional aircraft and a commitment to operational excellence, it…
- NAIROBI, Kenya, Feb 13 – The Interim Sugar Pricing Committee has raised the minimum sugarcane price from Sh5,000 to Sh5,300 per tonne, effective immediately. The decision follows a recent meeting held on February 7, 2025, to review farmers’ earnings. Agricultural Principal Secretary Paul Ronoh…
- TOKYO, Feb. 13 (Xinhua) — Honda Motor Co. and Nissan Motor Co. on Thursday announced the decision to terminate discussions on a potential merger, bringing an end to the restructuring attempt that could have created one of the world’s largest automotive group. Both companies held board meetings on…
- NAIROBI, Kenya, February 13 – The Catholic Church has launched its Jubilee 2025 campaign, urging global action to cancel the mounting debt distress faced by African nations. The church, through its organisations, including the Association of Member Episcopal Conferences in Eastern Africa (AMECEA),…
- FEB 13 – The former chief executive of Google is worried artificial intelligence could be used by terrorists or “rogue states” to “harm innocent people.” Eric Schmidt told the BBC: “The real fears that I have are not the ones that most people talk about AI – I talk about extreme risk.” The tech…
- NAIROBI, Kenya, Feb 11— The majority of Kenyan businesses remain pessimistic about a reduction in their primary input costs in 2025, reflecting a declining confidence trend compared to the last two quarters of 2024, according to the Kenya National Chamber of Commerce and Industry (KNCCI) 2025…
- NAIROBI, Kenya, Feb 12 – The Orange Democratic Movement (ODM) is calling on the government to instruct the National Cereals and Produce Board (NCPB) to buy locally produced wheat at fair prices. The plea comes amid challenging market conditions for wheat farmers in Narok County following a bumper…
- FEB 12 – At a time when artificial intelligence is reshaping industries and redefining the global job market, a crucial question looms: Who will build the future of AI in Africa? At the AI Action Summit in Paris, Celina Lee, co-founder and chief executive of Zindi, posed an urgent challenge to…
- NAIROBI, Kenya, Feb 12 – Jubilee Health Insurance has unveiled its J-Force, a digital platform aimed at bolstering the insurance distribution landscape in Kenya. The insurer says J-Force is designed to streamline policy management, client engagement, and transaction processing in a paperless…
- NAIROBI, Kenya,Feb 12 – Equity Bank has announced a 300 basis point (3 percent) reduction in interest rates for all new and existing Kenya Shilling-denominated credit facilities. This latest reduction, effective from February 13, 2025, for new loans and March 1, 2025, for existing loans, is in line…
- FEB 12 – Elon Musk denied leading a “hostile takeover” of the US government and defended his cost-cutting plans as he made a surprise first appearance at the White House on Tuesday. The world’s richest man took questions from reporters in the Oval Office as he stood next to President Donald Trump,…
- NAIROBI, Kenya, Feb 12 – 70 percent of Kenyans experienced income declines in 2024, according to a new report by Old Mutual. The report highlights that this has led to a growing emotional toll, with nearly half of the country’s workforce reporting significant stress, including physical and mental…
- FEB 12 – Online retailer Amazon is banning the sale of car number plates on its platform after a BBC London investigation exposed they were being illegally supplied. The BBC found seven companies on the platform were selling plates without checking customers’ documents and establishing their legal…
- NAIROBI, Kenya, Feb 12 – The number of KRA staff dismissed from work for engaging in corrupt activities grew by 111.1 percent to 19 in quarter two (Q2) of the 2024/25 financial year (FY), buoyed by increased anti-graft measures imposed by the authority. In Q2 of the 2023/24 FY, the agency sent nine…
- FEB 12 – Coca-Cola may have to sell more drinks in plastic bottles in the US if President Donald Trump’s tariffs end up making aluminium cans more expensive, the company’s chief executive, James Quincey, said in a call with investors. It comes after Trump ordered a 25% import tax on all steel and…
- NAIROBI, Kenya, Feb 11– High taxation, unfavourable government policies, and limited access to capital are set to significantly challenge the growth of Kenya’s private sector in 2025, according to the latest Kenya National Chamber of Commerce and Industry (KNCCI) Business Barometer Report. The…
- NAIROBI, Feb. 11 (Xinhua) — Kenya’s business leaders are optimistic about the country’s economic prospects in 2025, citing favorable weather conditions and stable global macroeconomic trends, according to a survey released Tuesday by the Central Bank of Kenya (CBK) in the capital of Nairobi. The…
- WASHINGTON, Feb. 12 (Xinhua) — Google Maps changed the Gulf of Mexico’s name to the Gulf of America for people using the app in the United States while maintaining the name for users in Mexico. Google also said in a statement that users elsewhere in the world will see both labels. Google said it…
- NAIROBI, Feb. 12 (Xinhua) — Kenya on Tuesday pledged to partner with foreign and local telecommunications companies to reduce cyber threats in the country. William Kabogo Gitau, cabinet secretary in the Ministry of Information, Communications and The Digital Economy, said every business that…
- FEB 11 – Canada will give a “firm and clear” response to the latest trade barriers planned by US President Donald Trump, says Prime Minister Justin Trudeau. Trump says he will levy a 25% import tax on all steel and aluminium products entering the US from 12 March, meaning both sides have a month to…
- NAIROBI, Kenya, February 11 – Cabinet has approved a Sh4.26 trillion budget for the 2025/26 financial year. The budget, which is set to be presented to Parliament for further deliberation, allocates Sh3.09 trillion for recurrent spending and Sh725.1 billion for development initiatives. Of the…
- FEB 11 – Sam Altman, the chief executive of OpenAI – the maker of ChatGPT – has rebuffed a $97.4bn (£78.4bn) bid to take over the firm from a consortium of investors led by Elon Musk. Musk’s attorney, Marc Toberoff, confirmed he submitted the bid for “all assets” of the tech company to its board […]
- NAIROBI, Kenya Feb 11 – The government, through the Ministry of Roads and Transport, is seeking public input on the draft Road Tolling Policy, 2025, as the state seeks to expand and maintain the country’s road infrastructure. The Ministry has scheduled public participation forums for purposes of…
- NAIROBI, Kenya, Feb 11 – Homa Bay County has emerged as the top-performing devolved unit in infrastructure, healthcare, and economic growth, according to the latest Infotrak County Performance Index. The ranking, which assesses counties based on governance, service delivery, and socio-economic…
- NAIROBI, Kenya, Feb 11 – As Kenya joins the global observance of International Safer Internet Day, Dutch NGO Terre des Hommes Netherlands (TdH NL) is calling for stronger measures to protect children from online exploitation. Kenya Programme Manager Dennis Ratemo warned that an unregulated online…
- NAIROBI, Kenya, Feb 11 – Pan-African Climate Justice Alliance (PACJA) has condemned U.S. Secretary of State Marco Rubio’s decision to boycott the upcoming G20 Summit in South Africa terming it a move that risks hindering the gain made thus far in mitigating c pressing issues like climate change.…
- By Gerald Maithya, In recent years, Africa has emerged as a vibrant hub of innovation, driven by a new generation of entrepreneurs who are leveraging cutting-edge technologies to address some of the continent’s most pressing challenges. At the heart of this transformation are a range of…
- NAIROBI, Kenya, Feb 10 – Sanlam Kenya PLC, the Sanlam Foundation, and the Gertrude’s Hospital Foundation (GHF), with support from the Allianz Group Social Impact Fund, have underscored the need for greater investment in skills development and training for children with disabilities to improve their…
- YAOUNDE, Feb. 11 (Xinhua) — Cameroonian President Paul Biya has unveiled a series of measures aimed at reforming the nation’s employment system, with a goal of improving job access for young people. The government will establish a regulatory framework to support the recruitment of first-time…
- NAIROBI, Kenya, Feb 11 – Kenya Commercial Bank (KCB) and Co-operative bank have announced the reduction of their base lending rates. The changes come in response to the Central Bank of Kenya’s revised Central Bank Rate (CBR) and Cash Reserve Ratio (CRR). KCB has lowered its base lending rate from…
- NAIROBI, Kenya, Feb 11 – Kenya Tea Development Agency (KTDA) has affirmed that Enos Njeru remains the board chair after a court issued conservatory orders halting the election of Chege Kirundi. In a statement released on Tuesday, KTDA reiterated that Njeru remains the substantive chairman despite…
- FEB 10 – President Donald Trump has ordered a 25% import tax on all steel and aluminium entering the US in a major expansion of existing trade barriers. The tariffs, which will increase the costs of importing the metals into the US, come despite warnings of retaliation from some political leaders…
- NAIROBI, Kenya, Feb 11 – A court in Nairobi has ruled that entities or shylocks not licensed by the Central Bank of Kenya (CBK) cannot participate in court proceedings until they get approvals. In a ruling made by Kiongo Kagenyo of the Milimani Small Claims Court, the presiding magistrate raised…
- SAN FRANCISCO, Feb. 10 (Xinhua) — A team of investors led by Elon Musk submitted a 97.4-billion-U.S.-dollar bid to buy the non-profit that controls OpenAI, the Wall Street Journal reported on Monday. Musk’s attorney Marc Toberoff said that he had presented the bid to OpenAI’s board of directors,…
- NAIROBI, Kenya, Feb 10 – South Korean multinational conglomerate LG Electronics announced on Monday the appointment of Donghun Lee as its new President for the East Africa region, effective immediately. Lee, who brings over two decades of experience with LG, replaces Dongwon Lee, who led the region…
- NAIROBI, Kenya Feb 10 – Kenya is ramping up local motorcycle parts manufacturing, aiming to increase production from the current 14 components to 35 within the next year. A motorcycle requires approximately 299 parts, and this expansion is expected to boost the boda boda sector, a key player in the…
- PARIS, Feb. 10 (Xinhua) — French President Emmanuel Macron has said that tariffs on the European Union (EU) are not in the interests of the United States. “If you want Europe to be engaged on more investment in security … which I think is in the interests of the U.S., you should not hurt the […]
- NAIROBI, Kenya, Feb 10 – Kenya Power has announced a Sh1 billion investment to boost electricity supply and reliability to domestic and industrial consumers. Covering 11 counties, including Kisumu, Homabay, Migori, Kisii, Nyamira, Siaya, Vihiga, Busia, Kericho, Bomet, and Kakamega, it covers both…
- NAIROBI, Kenya, Feb 10 – The court has declared that the national and county governments’ ongoing failure to allocate 30 percent of their budgets for development is unlawful. This decision followed a petition filed by the Kenya Human Rights Commission (KHRC) in 2024. Judges Teresia Matheka, Rayola…
- FEB 10 – The US Treasury Secretary Scott Bessent has been told to stop minting one-cent coins, or pennies as they are widely called, by US President Donald Trump in an announcement on his Truth Social media account. “Let’s rip the waste out of our great nations budget, even if it’s a penny at a […]
- NAIROBI, Kenya, Feb 10 – Seventy-seven Kenyan companies risk being deregistered within three months following a gazette notice issued by the Registrar of Companies citing non-operation. Among the affected firms are A Collision With Purpose Kenya L Limited (PVT-V7UAMP5Q), Abacus Hardware Limited (…
- NAIROBI, Kenya Feb 10 – Global Hotel Management Company Babylon Hospitality has partnered with Emin Pasha Hotel, one of Kampala’s boutique properties in Uganda, to elevate the hotel services status to international standards. Renowned for its luxury hospitality, Babylon aims to enhance the Emin…
- NAIROBI, Kenya, Feb 10 – A new study conducted in Kilifi by KEMRI Wellcome Trust has revealed that patients on multiple anti-seizure medications, a treatment approach known as polytherapy, are at a higher risk of developing mental health problems. The research, which was conducted at the Kilifi…
- FEB 10 – China’s tit-for-tat import taxes on some American goods came into effect on Monday, as the trade war between the world’s two biggest economies escalates and US President Donald Trump threatens to hit more countries with tariffs. Beijing announced the plan on 4 February, minutes after new…
- FEB 10 – President Donald Trump has said he will announce a 25% import tax on all steel and aluminium entering the US, a move that will have the biggest impact in Canada. Trump also said that there would be an announcement later in the week about reciprocal tariffs on all countries that tax imports…
