- By Fenwicks Musonye NAIROBI, Kenya, Feb 27 – Energy ministers, chief executives and senior leaders will congregate in Nairobi on May 21 to May 23 this year for the World Energy Efficiency Conference to share experiences on Energy Efficiency for substantive real-world progress. To Kenya, the…
- By harnessing the power of collaboration and innovation, Kenya aims to set a precedent for responsible e-waste management and contribute to a cleaner, greener future for generations to come.
- NAIROBI, Kenya Feb 27 – Are you part of the diaspora, a millennial with disposable income, or embarking on your first investment journey in search of lucrative opportunities? Look no further! Daykio Plantations Limited, Kenya’s premier real estate company, has you covered. With over 35 years of…
- NAIROBI, Kenya Feb 27 – Are you part of the diaspora, a millennial with disposable income, or embarking on your first investment journey in search of lucrative opportunities? Look no further! Daykio Plantations Limited, Kenya’s premier real estate company, has you covered. With over 35 years of…
- NAIROBI, Kenya, Feb 27 – A total of 120 wine and spirit shops have been closed down around the Matatu stages in Nairobi by the Nairobi Liquor Department and the National Police in Starehe sub-county. During the exercise, 25 bar owners were also arrested. The crackdown was led by six teams,…
- NAIROBI, Kenya, Feb 27 – A total of 120 wine and spirit shops have been closed down around the Matatu stages in Nairobi by the Nairobi Liquor Department and the National Police in Starehe sub-county. During the exercise, 25 bar owners were also arrested. The crackdown was led by six teams,…
- NAIROBI, Feb. 27 (Xinhua) — Kenya’s coffee exports reached 47,861 tonnes in 2023 out of a total production of 48,648 tonnes, a senior government official said Monday. Simon Chelugui, cabinet secretary for the Ministry of Cooperatives and Micro, Small and Medium Enterprises (MSME) Development, told…
- NAIROBI, Feb. 27 (Xinhua) — Kenya’s coffee exports reached 47,861 tonnes in 2023 out of a total production of 48,648 tonnes, a senior government official said Monday. Simon Chelugui, cabinet secretary for the Ministry of Cooperatives and Micro, Small and Medium Enterprises (MSME) Development, told…
- BRUSSELS — The Council of the European Union (EU) approved a regulation that will allow payments in euro-denominated currency to be made within 10 seconds in the European Union, according to a press release on Monday. People are able to transfer money at any time of the day, even outside of…
- BRUSSELS — The Council of the European Union (EU) approved a regulation that will allow payments in euro-denominated currency to be made within 10 seconds in the European Union, according to a press release on Monday. People are able to transfer money at any time of the day, even outside of…
- NAIROBI, Kenya, Feb 27 – The government plans to settle the remaining $500 million Eurobond balance by tapping into taxes collected by the Kenya Revenue Authority (KRA). After servicing $1.5 billion through buyback recently, Treasury Principal Secretary (PS) Chris Kiptoo assured the country that…
- NAIROBI, Kenya, Feb 27 – The government plans to settle the remaining $500 million Eurobond balance by tapping into taxes collected by the Kenya Revenue Authority (KRA). After servicing $1.5 billion through buyback recently, Treasury Principal Secretary (PS) Chris Kiptoo assured the country that…
- KAJIADO, Kenya, Feb 27 – Kajiado Micro, Small, and Medium Enterprises (MSMEs) are set to receive linkage support as well as other opportunities through a new deal with the state. Called ‘Mashinani Sensitization Initiative’, the program is spearheaded by the Ministry of Cooperatives and MSMEs…
- KAJIADO, Kenya, Feb 27 – Kajiado Micro, Small, and Medium Enterprises (MSMEs) are set to receive linkage support as well as other opportunities through a new deal with the state. Called ‘Mashinani Sensitization Initiative’, the program is spearheaded by the Ministry of Cooperatives and MSMEs…
- NAIROBI, Kenya, Feb 27 – Absa Bank on Friday unveiled a new slogan dubbed ‘Your Story Matters’ aimed at bolstering brand awareness. The lender says that the new tagline aligns with its internal corporate purpose launched last year, ‘Empowering Africa’s tomorrow together, one story at a time’. Its…
- NAIROBI, Kenya, Feb 27 – Absa Bank on Friday unveiled a new slogan dubbed ‘Your Story Matters’ aimed at bolstering brand awareness. The lender says that the new tagline aligns with its internal corporate purpose launched last year, ‘Empowering Africa’s tomorrow together, one story at a time’. Its…
- NAIROBI, Kenya, Feb 27 – Equitel has introduced its fourth-generation (5G) network to boost internet banking. Initially, it will cover 370 locations countrywide, including in towns such as Nairobi, Nakuru, and Kakamega, among others, before being extended to other densely populated areas like…
- NAIROBI, Kenya, Feb 27 – Equitel has introduced its fourth-generation (5G) network to boost internet banking. Initially, it will cover 370 locations countrywide, including in towns such as Nairobi, Nakuru, and Kakamega, among others, before being extended to other densely populated areas like…
- TOKYO, Feb. 27 (Xinhua) — The Japanese government has decided to increase the expressway speed limit for medium and heavy trucks to 90 km/h from 80 km/h at present, as part of efforts to address the pressing truck driver shortage. The policy change for trucks with a gross weight of eight tons or…
- TOKYO, Feb. 27 (Xinhua) — The Japanese government has decided to increase the expressway speed limit for medium and heavy trucks to 90 km/h from 80 km/h at present, as part of efforts to address the pressing truck driver shortage. The policy change for trucks with a gross weight of eight tons or…
- NAIROBI, Kenya, Feb 27 – The Kenya Revenue Authority (KRA) has waived tax interests and penalties worth Sh209 billion for taxpayers. A total of 227,071 taxpayers have benefited from the waiver as of February 20th, 2024, the taxman announced, after paying a total of Sh14.5 billion in principal taxes…
- NAIROBI, Kenya, Feb 27 – The Kenya Revenue Authority (KRA) has waived tax interests and penalties worth Sh209 billion for taxpayers. A total of 227,071 taxpayers have benefited from the waiver as of February 20th, 2024, the taxman announced, after paying a total of Sh14.5 billion in principal taxes…
- NAIROBI, Kenya, Feb 27 – Kenyans will start contributing 2.75 percent of their gross salary to the new Social Health Insurance Fund (SHIF) set to replace the National Health Insurance Fund (NHIF) in July. Health Cabinet Secretary (CS) Susan Nakhumicha yesterday said registration into the SHIF will…
- TOKYO, Feb. 27 (Xinhua) — Japan’s population shrank with a record loss of 831,872 in 2023, preliminary data released by the health ministry showed Tuesday. The number of newborns in Japan fell to a record low, down by 5.1 percent to 758,631 in the reporting period, according to the Ministry of…
- NAIROBI, Kenya, Feb 27 – M-Pesa overdraft facilities such as Fuliza, M-Shwari, and KCB M-Pesa remain the most popular digital lending platforms, a new survey has shown. Out of 54 percent of Kenyans who are using digital lending platforms, 91 percent are taking loans using M-Pesa lending facilities…
- CAIRO, Feb. 26 (Xinhua) — Egypt and South Sudan signed a deal on Monday to build branches of Egypt’s Alexandria University in the South Sudanese capital Juba and the town of Tonj. The MoU was signed by Alexandria University President Abdelaziz Konsowa and South Sudanese Minister of Higher Education…
- ISLAMABAD, Feb. 27 (Xinhua) — A new study has shown that 51 percent of Pakistanis identified themselves as “food lovers” and 45 percent of Pakistanis shared that they “only eat to stay alive”. A Gallup and Gilani Pakistan’s report based on a national survey asked the following question, “Are you a…
- NAIROBI, Feb. 26 (Xinhua) — Kenya’s exports to other African countries rose by 21.4 percent in 2023, reaching a new high amid sustained efforts to build ties with nations on the continent to benefit from the Continental Free Trade Area, the Central Bank (CBK) said in a new economic report released…
- STOCKHOLM, Feb. 26 (Xinhua) — Denmark has closed its investigation into the 2022 explosions on the Nord Stream pipelines, police said on Monday. Although the investigation had found that the blasts were the result of sabotage, there were insufficient grounds to bring the matter to court in Denmark…
- NAIROBI, Kenya, Feb 26 – Nokia phone-maker Human Mobile Devices (HMD) said that it is committed to producing innovative gadgets that address global tech challenges such as e-waste and digital fatigue. The Finnish company plans to achieve this through a new strategy that will be done in partnership…
- NAIROBI, Kenya, Feb 26 – The International Budget Partnership (IBP) Kenya has urged the government to tame fiscal deficit as well as manage borrowing during the 2024–25 financial year (FY). IBP Kenya Country Manager Abraham Rugo noted that the big budget deficit gap poses a great concern to the…
- NAIROBI, Kenya, Feb 26 – The International Budget Partnership (IBP) Kenya has urged the government to tame its fiscal deficit as well as manage borrowing during the 2024–25 financial year (FY). IBP Kenya Country Manager Abraham Rugo noted that the big fiscal deficit gap poses a great concern to the…
- NAIROBI, Kenya, Feb 26 – Kenya Breweries Limited (KBL), through Diageo Bar Academy, held a celebration for bartenders in Kenya in honor of the annual World Bartender Day on February 24th. The day celebrates bartending, which is among the oldest professions, and gives people a chance to raise a…
- LONDON, United Kingdom, Feb 26 – A British government visa program allowing people from Ukraine to join family members who are already in the United Kingdom has been closed to new applications. More than 200,000 people have come to the UK since the outbreak of the conflict, with new arrivals…
- NAIROBI, Kenya, Feb 26 – Tea delivered by smallholder farmers to the Kenya Tea Development Agency (KTDA)-managed factories increased by 15.2 percent in the seven months to last month, attributed to favorable weather conditions, among other factors. KTDA’s latest data shows that farmers delivered…
- NAIROBI, Kenya, Feb 26 – KCB seeks to grow remittances within the East African region after signing a deal between KCB and Mastercard. The five-year agreement targets markets such as Kenya, Burundi, Rwanda, South Sudan, Tanzania, and Uganda. Users will also enjoy other packs, including Premium…
- NAIROBI, Kenya, Feb 26 – The industry-wide adoption of the revised accounting practices on bond valuations is expected to provide pension funds with a more accurate depiction of their financial health. The regulations that came into effect on December 31, 2023, are designed to instill confidence…
- NAIROBI, Kenya, Feb 26 – Endeavor Kenya, a firm that helps entrepreneurs scale up their businesses, has unveiled the inaugural cohort of its Endeavor ScaleUp program, which aims to support high-growth startup ventures with the network and resources to grow. The entrepreneurs selected for the…
- CARACAS, Feb. 24 (Xinhua) — Venezuela and Türkiye are committed to advancing towards a trade exchange of 3 billion U.S. dollars, the two countries’ foreign ministers said here on Saturday. Venezuelan Foreign Affairs Minister Yvan Gil said that the trade exchange between the two countries reached…
- NAIROBI, Kenya, Feb 26 – More men borrow from digital lending platforms as compared to women, a study by the Competition Authority of Kenya (CAK) has shown. According to CAK, men are registered on multiple digital borrowing platforms as compared to their female counterparts. “There was multiple…
- NAIROBI, Kenya, Feb 26 – The government, in joint collaboration with the private sector, is set to distribute 4.4 million liquefied petroleum gas (LPG) cylinders across the country. According to Energy and Petroleum Cabinet Secretary David Chirchir, the first 1.3 million cylinders will be…
- ABUJA, Feb. 26 (Xinhua) — Nigeria’s anti-graft police on Sunday announced plans to investigate a staggering 3,000 cases of financial crimes across the country to combat malfeasance. In a statement obtained by Xinhua on Sunday, Ola Olukoyede, chief of the Economic and Financial Crimes Commission (…
- NAIROBI, Kenya, Feb 26 – Phishing scams are the most common challenges associated with the digital credit market, a survey by the Competition Authority of Kenya (CAK) has revealed. The study, which was conducted in 2021, was released during the Authority’s inaugural Competition and Consumer…
- In recognition of the value of the drivers in its business, Little promised to work closely with lady drivers to innovate more valuable products that would be beneficial to the community.
- RIYADH, Feb. 25 (Xinhua) — Saudi Energy Minister Prince Abdulaziz bin Salman Al Saud announced Sunday that a significant additional amount of gas and condensate reserves have been proven in the Jafurah field operated by the Saudi state oil company Aramco. The additional proven reserves include…
- CANBERRA, Feb. 26 (Xinhua) — Australian researchers have made a breakthrough in treating severe cases of asthma. In a study published on Monday, researchers found that beta common cytokines, a family of proinflammatory molecules, control inflammation and scarring of the airways in severe and…
- NAIROBI, Kenya, Feb 26 – Uganda has introduced a new ro-ro vessel, MV Mpungu, at the Lake Victoria to boost trade activities with Kenya, and Tanzania. The vessel has a 21-trailer carrying capacity and will be used to transport various cargo between Port Bell, Mwanza, Jinja, and Kisumu ports.…
- NAIROBI, Feb. 23 (Xinhua) — Kenya’s liquefied petroleum gas (LPG) consumption reduced in 2023 to 6.8 kg per capita compared to 8 kg registered in 2022 due to the rising cost of the fuel, a senior government official said Friday. Davis Chirchir, the cabinet secretary in the Ministry of Energy and…
- TOKYO, Feb. 25 (Xinhua) — Japanese Prime Minister Fumio Kishida has unveiled a plan to allocate additional funds of around 100 billion yen (about 665 million U.S. dollars) to accelerate reconstruction in the quake-hit Noto region in central Japan. The government will decide the additional spending…
- NAIROBI, Kenya, Feb 25 – The Competition Authority of Kenya (CAK) has unveiled its inaugural Competition and Consumer Protection Law Digest. The Law Digest has been developed in collaboration with the National Council for Law Reporting (Kenya Law). It aims to bolster understanding of competition…