- By Akua Gyekye NAIROBI, Kenya, April 19 – Over the last year and a half, the audience for AI has grown from IT experts to almost anyone with internet access. Large Language Models enable online users to interact with AI systems, regardless of whether they can code. A large part of why Generative AI…
- NAIROBI, Kenya, April 18 – Eaton, an intelligent power management company, has successfully completed the Gitugu hydropower plant in Muranga County. Eaton, which provided hydropower specialists Hydrobox and all components needed for the project, including three-phase miniature circuit breakers and…
- ACCRA, April 18 (Xinhua) — Ghana, the world’s second-largest cocoa producer, plans to list cocoa on the Ghana Commodity Exchange (GCX) to boost the value of the product and drive up prices, an official has said. Setutsi Ivowi, chief executive officer of the GCX, said during a one-day symposium…
- NAIROBI, Kenya, April 18 – Kenya has received a ‘largely compliant’ rating on the implementation of international standard for transparency and exchange of information on request (EOIR) for tax transparency. The country’s position was announced during the 46th Peer Review Group (PRG) meeting at the…
- NAIROBI, April 18 (Xinhua) — The World Bank and the African Development Bank (AfDB) Group said they have partnered on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030. Under the collaboration, the World Bank Group will work to connect 250 million…
- NEW DELHI, April 18 (Xinhua) — The Indian government has eased exports of onions to Sri Lanka and the United Arab Emirates (UAE), confirmed a senior official of the federal Ministry of Commerce and Industry on Thursday. A notification issued by the Directorate General of Foreign Trade on Monday…
- NAIROBI, April 17 (Xinhua) — Kenyan President William Ruto on Wednesday launched a five-year road safety action plan as the country seeks to curb the rising number of fatalities and injuries on its roads. The strategy aims to reduce the annual road accidents in the east African nation by over 50…
- CANBERRA, April 18 (Xinhua) — Australia’s unemployment rate rose slightly to 3.8 percent in March, official data has revealed. According to figures published by the Australian Bureau of Statistics (ABS) on Thursday, the number of employed Australians fell by 6,600 between February and March,…
- NAIROBI, Kenya, April 18 – The Boda-Boda Safety Association of Kenya has petitioned Parliament to be included in the ongoing probe into the regulation of the Buy-Now-Pay-Later (BNPL) credit sector. The association’s chairman, Kevin Mubadi, expressed concern that a rival association was consulted…
- TOKYO, April 18 (Xinhua) — Toyota Motor Corp. said it is recalling 135,305 units of its Prius hybrid car in Japan due to a risk of doors opening during driving. Three cases of complaints related to the rear door handle glitch have been reported so far, while no accident has been confirmed,…
- NAIROBI, Kenya, April 17 – Kenya’s Gross Domestic Product (GDP) is expected to grow by around 5 percent in 2024, according to global tax advisors Ernst & Young (EY). Speaking during the pre-budget briefing, the company’s Associate Tax Director, Robert Maina, said that the Kenyan economy remains…
- MOGADISHU, April 17 (Xinhua) — The European Union (EU) said it has approved 116.9 million U.S. dollars for stabilization efforts in Somalia. The funds, approved by the Political and Security Committee of the Council of the EU on Tuesday, will support the transition process for the Somali National…
- NAIROBI, Kenya, April 17 – The government is at risk of missing its 2024 growth targets due to gaps in the Sh4.1 trillion budget for the financial year starting in July. According to the Institute of Public Finance (IPF), a lack of allocation for pending bills, a low development budget, and…
- NAIROBI, Kenya, April 17 – Huawei has partnered with the Kenya Editors Guild to offer training to journalists on the use of various digital platforms. The Chinese-based technology firm highlighted the need for journalists to be well trained on ways to navigate the use of digital space in the…
- WASHINGTON, April 16 (Xinhua) — The International Monetary Fund (IMF) on Tuesday said there are likely to be “bumps” as the fight against inflation is entering its “last mile,” calling for a multi-pronged approach to preserve financial stability. There is recent evidence that disinflation may have…
- NAIROBI, Kenya, April 17 – Civil society organizations (CSOs) working in Kisumu County are developing tools to track the implementation of the Financing Locally Led Climate Action Program (FLLOCA). Mike Joseph, coordinator of Sustainable Environmental Development Watch (Suswatch) Kenya, says the…
- NAIROBI, April 16 (Xinhua) — Chinese technology firm Huawei launched a program on Tuesday aimed at teaching digital skills to Kenyan students. Khadija Mohammed Ahmed, the media director at Huawei Kenya’s Public Affairs and Communication Department, said that the “Seeds for the Future” program for…
- NAIROBI, Kenya, April 17 – Jubilee Health Insurance net profit grew by 29 percent to Sh438 million in the full year ending December last year. It links strong returns from investments with a 15 percent increase in insurance service revenue. All segments, including corporate, retail, and SME,…
- NAIROBI, Kenya, April 17 – NAIROBI, Kenya, April 17 – The Communication Authority of Kenya (CA) has announced an expanded KUZA Awards, including additional ICT sector categories. The 2024 Award, themed ‘Innovation for a Sustainable Digital Future’, was announced by CA’s Director General (DG) David…
- NAIROBI, Kenya, April 17 – The number of super-rich in Nairobi grew by 25 percent to 4,400 last year compared to more than 10 years ago, indicating a growing preference for high-net-worth individuals (HNWIs) to set their bases in the capital city. Data from the Africa Wealth Report 2024 shows that…
- VILNIUS, April 17 (Xinhua) — The Lithuanian government and German arms manufacturer Rheinmetall signed a letter of intent on Tuesday to construct an ammunition factory in the Baltic country, according to Lithuania’s Ministry of National Defense. The document was signed by Economy and Innovation…
- DUBAI, April 17 (Xinhua) — The United Arab Emirates (UAE) observed unprecedented rainfall on Tuesday, marking the highest recorded rainfall in the last 75 years since climate records started in 1949. The country’s National Center of Meteorology confirmed this extraordinary rainfall over the past 24…
- NAIROBI, Kenya, April 17 – Smallholder tea farmers are set for enhanced medical coverage after Majani Insurance Brokers (MIB) expanded the cover to include outpatient services. It is an upgrade of the Kinga Ya Mkulima cover, which already has an inpatient cover, provided in partnership with Britam…
- NAIROBI, Kenya, April 17 – Electric bus maker BasiGo yesterday opened an e-bus production line at the Kenya Vehicle Manufacturers (KVM) plant in Thika, making it the country’s first dedicated assembly line for electric mass transport systems. After the unveiling, the startup flagged off two E9…
- OTTAWA, April 16 (Xinhua) — With a scheduled national election 18 months away, Canada’s Liberal government tabled its annual federal budget on Tuesday that features 348 billion U.S. dollars in spending this year with homebuilding incentives and higher taxes for the richest Canadians. Building on…
- CANBERRA, April 17 (Xinhua) — Australia and Singapore have announced a new joint initiative to reduce maritime emissions. Australia’s national science agency, the Commonwealth Scientific and Industrial Research Organisation (CSIRO), on Wednesday announced the 20 million Australian dollar (12.8…
- NAIROBI, April 16 (Xinhua) — Kenya has registered about 20 million citizens as it seeks to improve promotive healthcare at the grassroots level through the use of digital technology. Mary Muriuki, principal secretary in the Ministry of Health, said on Tuesday that the citizens have been registered…
- NAIROBI, Kenya, April 16 – Standard Chartered Bank will impose fees on real-time gross settlement (RTGS) transfers made through its SC Mobile App or Online Banking Portal starting April 22, 2024. The charges outlined in the bank’s tariff guide are Sh500.00 for RTGS transfers in Kenyan shillings, £3…
- NAIROBI, Kenya, April 16 – Kenya has been ranked the fourth country in Africa with the most dollar centimillionaires, behind South Africa, Egypt, and Nigeria. The latest data from the Henley & Partners Top 10 Wealthiest Countries in Africa shows that the country has 16 centimillionaires ($100…
- HANOI, April 16 (Xinhua) — The State Bank of Vietnam will resume gold bar bidding after 11 years, Vietnam News Agency reported Tuesday. The move aims to increase the supply of gold to the market, promptly and immediately settle the high difference in domestic and international gold prices, said the…
- NAIROBI, Kenya, April 16 – The National Assembly Administration and Security Committee is considering the Bribery Amendment Bill that seeks to commission police uniforms without pockets and install CCTV cameras to monitor the behaviour of traffic police officers. The Bill sponsored by Bomachoge…
- NAIROBI, Kenya, April 16 – Healthcare provider Nairobi West Hospital has leveraged artificial intelligence (AI) to perform the country’s first-ever digital PET scan. The facility says the move signifies a great leap in cancer diagnosis and evaluation, positioning it at the forefront of medical…
- NAIROBI, Kenya, April 16 – Food for Education (F4E), a locally led school feeding program, says that it has expanded its reach in the country. F4E has unveiled a new green Giga Kitchen capable of producing 60,000 meals per day, growing monthly meals from 315,000 in January 2023 to 3.8 million in…
- NAIROBI, Kenya Apr 16 – Former Director General of the Kenya National Museums, Mzalendo Kibunja, along with administrative officers from his tenure have been charged for corruptly receiving Sh400 million from the organization under the guise of paying non-existent workers. They all denied the…
- ABIDJAN, April 16 (Xinhua) — Cote d’Ivoire’s government is developing a law aimed at regulating all actions on climate change in the country, according to Ivorian Press Agency. The Ministry of the Environment, Sustainable Development and Ecological Transition is drafting the text, “which takes into…
- NAIROBI, Kenya, April 16 – The Kenya Revenue Authority (KRA) has embarked on a tax literacy drive that seeks to impart tax-related know-how to learners. KRA will be hoping to achieve this during this year’s Kenya National Drama and Film Festival (KNDFF), which kicked off yesterday in Embu County…
- NAIROBI, Kenya, April 16 – The RHIPFactory Venture Studio, in collaboration with Qhala Kenya and Africa CDC, is organizing the BuildHealth4Africa Hackathon, scheduled to take place in Nairobi, Kenya, from April 19th to 21st, 2024. The two-day event aims to develop digital healthcare solutions to…
- UNITED NATIONS, April 15 (Xinhua) — UN Secretary-General Antonio Guterres on Monday called for the “wholesale reform” of the global financial architecture and specifically, its approach to debt. He made the appeal at a high-level thematic debate on debt sustainability and socio-economic equality…
- NAIROBI, Kenya, April 16 – SasaPay, a digital payments service provider, has entered into a deal with Presta Capital and Nirvana Creditto allow payment transactions for users. According to SasaPay’s Chief Operating Officer (COO), Daniel Njoroge, the partnership enables the company to ensure a…
- NAIROBI, Kenya, April 16 – South Africa (SA) has recorded an increase in the number of tourist arrivals from Kenya and Zimbabwe,highlighting the growing intra-African tourism industry amid the removal of visa restrictions among countries. SA’s Ministry of Tourism, Patricia de Lille, said that…
- NAIROBI, Kenya, April 16 – Equity Bank has expanded its money transfer services to over 30 countries through a new deal with Mastercard, a global payment platform. Remittances are vital in sub-Saharan Africa, with a reported $53 billion flowing into the region in 2022. In Kenya, the Central Bank of…
- SEOUL, April 16 (Xinhua) — South Korea’s money supply grew for the ninth successive month due to robust demand for deposits and securities, central bank data showed Tuesday. The seasonally-adjusted M2, or broad money, rose 0.1 percent in February compared to the previous month, keeping an upward…
- NAIROBI, April 15 (Xinhua) — Kenya will reduce its public sector wage bill to 35 percent of the national revenue by 2028, down from the current 43 percent, to unlock more funds for the country’s development, an official said Monday. “A fiscally sustainable public sector wage is key to attaining…
- KISUMU, Kenya, April 15 – The Energy and Petroleum Regulatory Authority (EPRA) has embarked on a mission to sensitize the public on compliance and non-conformity when dealing with electricity and petroleum products to reduce loss of lives and property. EPRA Deputy Director in charge of public…
- MANILA, April 15 (Xinhua) — Personal remittances from overseas Filipinos reached 2.95 billion U.S. dollars in February, recording a 3 percent year-on-year growth, the Philippine central bank said on Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.8…
- NAIROBI, Kenya, April 15 – Kenyans abroad sent home an additional Sh2.85 billion into the country, growing total remittances last month to Sh53.2 billion. In February, inflows stood at Sh50.5 billion, representing a slight increase. “The United States remained the largest source of remittances to…
- KABUL, April 15 (Xinhua) — Afghanistan has exported over 2,500 tonnes of pine nuts worth 27 million U.S. dollars in the past 12 months, local media reported Sunday. Most of the dry fruits were exported to Afghanistan’s trade partners, including China, Pakistan, India, and the United Arab Emirates,…
- NAIROBI, Kenya, April 15 – The Private Security Regulatory Authority (PSRA) has directed all private security firms to immediately stop the deductions and remittances of security guards’ monthly trade union fee contributions to the Central Organisation of Trade Union (COTU). According to PSRA, the…
- NAIROBI, Kenya, April 15 – Small-scale poultry farmers have protested the impending government move to allow the importation of finished poultry products from the United States. In a letter addressed to the Ministry of Investment, Trade, and Industries Principal Secretary, Alfred Ombudo, the…
- NAIROBI, Kenya, April 15 – Kenyans will now enjoy cheaper electricity bills after Kenya Power announced a 13.7 percent power cost cut starting this month. The utility firm links the drop to the strengthening of the Kenyan shilling against the American dollar as well as a decline in fuel prices.…