- NAIROBI, Kenya, June 5 – Kenya’s private sector faced a mild slowdown in May, marking the end of seven months of steady growth, as persistent inflationary pressures and rising input costs led to reduced consumer purchasing and a dip in overall demand. This is according to the latest Stanbic Bank…
- SYDNEY, June 5 (Xinhua) — Low-grade clay, previously overlooked in construction, can significantly reduce the carbon footprint of concrete, a new Australian study revealed on Thursday. Researchers at the Royal Melbourne Institute of Technology (RMIT) have developed an innovative process that…
- NAIROBI, Kenya Jun 5 – The Kenya Civil Aviation Authority (KCAA) has denied TUI Airlines Nederland B.V. an air service license to operate Inclusive Tour Charter flights on the Amsterdam–Zanzibar–Mombasa–Amsterdam route. The Dutch-based charter airline had applied to operate two flights per week…
- JUNE 5 – With Air Canada and Southwest the latest airlines to charge passengers for check-in luggage, the ballooning cost of such ancillary or “junk fees” is provoking anger among politicians and consumer groups. At the same time, sales of suitcases small enough for passengers to take on the plane…
- NAIROBI, Kenya, June 5 – National Treasury Cabinet Secretary John Mbadi has revealed that the government is actively considering a restructuring of the Affordable Housing Levy in response to growing concerns from salaried employees. Mbadi, who spoke during a plenary session with senators on…
- NAIROBI, Kenya, June 5 – Vivo Energy Kenya, the distributor of Shell-branded fuels in the country, has introduced a new range of Shell fuels after five years of development. The launch includes improved versions of Shell FuelSave Unleaded, Shell FuelSave Diesel, and Shell V-Power Unleaded. The…
- LOS ANGELES, June 5 (Xinhua) — U.S. President Donald Trump signed a proclamation to ban travel from certain countries on Wednesday evening, citing national security risks. According to a release by the White House, the proclamation will fully ban the entry of nationals from 12 countries, namely…
- NAIROBI, Kenya, June 4 – Equity Group has stepped up efforts to stamp out conflict of interest and unethical conduct within its operations by launching a public whistleblower campaign aimed at increasing transparency and accountability. The bank has published dedicated whistleblowing contacts on…
- JUNE 5 – With its price stability and wide adoption, Tether (USDT) has become the go-to stablecoin for crypto users looking to hedge against market volatility. Pegged 1:1 to the U.S. dollar, USDT allows traders to park funds safely, hedge positions, and earn passive income — all within platforms…
- By Dr. Kariuki Michael JUNE 5 – Every 90 minutes, a Kenyan dies from a tobacco-related disease . Every World No Tobacco Day, policymakers pledge to reduce this toll. Yet, year after year, we see little progress made in helping smokers to quit their deadly habit. When the Tobacco Control (Amendment…
- JUN 5 – Boeing has agreed to pay $1.1bn (£811.5m) to avoid prosecution over two fatal airline crashes that killed 346 people. The payments are part of a settlement with the US Justice Department (DOJ) over crashes involving 737 Max jets in October 2018 and March 2019. The agreement includes the…
- | NAIROBI, June 5 (Xinhua) — Kenya’s flower exports are forecast to rise to 110 billion Kenyan shillings (about 851 million U.S. dollars) in 2025, up from 835 million dollars recorded in 2024, a trade lobby said Wednesday. Clement Tulezi, chief executive officer of the Kenya Flower Council, told…
- JUNE 4 – Billions of pounds of investment in transport infrastructure in England have been announced by Chancellor Rachel Reeves. The money will be spent on tram, train and bus projects in mayoral authorities across the Midlands, the North and the West Country. The move comes before the government’…
- NAIROBI, Kenya, June 4 – The government is ramping up efforts to strengthen the country’s start-up ecosystem, with a renewed focus on capacity building and innovation-driven development. The initiative is part of broader sectoral reforms aimed at commercializing key innovation opportunities and…
- NAIROBI, Kenya, June 4 – BK Group has reported a profit after tax of Sh2.29 billion billion for the first quarter of 2025, representing a 5.4 percent increase year-on-year, according to its unaudited consolidated financial results released today. The Nairobi Securities Exchange (NSE)-listed company…
- NAIROBI, Kenya, June 4 – The Competition Authority of Kenya (CAK) Director-General David will sit on the Board of the East African Community Competition Authority (EACCA) after being appointed as an interim chairman. Kemei, who was confirmed yesterday, has also been picked as EACCA Commissioner for…
- JUNE 4 – Aylo, the company which runs a number of pornographic websites, including Pornhub, is to stop operating in France from Wednesday. It is in reaction to a French law requiring porn sites to take extra steps to verify their users’ ages. An Aylo spokesperson said the law was a privacy risk and…
- NAIROBI, Kenya, June 4 – Harambee Sacco has launched a nationwide campaign aimed at boosting savings among youth, informal sector workers, and retirees, as it seeks to broaden its member base and promote an inclusive savings culture. The Sacco is currently touring different regions to engage…
- JUNE 4 – The UK has been temporarily spared from US President Donald Trump’s executive order doubling steel and aluminium tariffs from 25% to 50%. The order raises import taxes for US-based firms buying the metals from other countries from Wednesday – but the levy remains at 25% for the UK. However…
- NAIROBI, Kenya Jun 4 – Emirates Logistics has announced plans to expand its operations in Kenya by constructing a state-of-the-art facility at Tatu City Special Economic Zone (SEZ). The firm’s Chief Commercial Officer, Steven van der Vliet, stated the facility will support the growth of the company…
- NAIROBI, Kenya, June 4 – Old Mutual East Africa (OMEA) has joined the UN Global Compact (UNGC), committing to responsible business and sustainability leadership in the region. The UNGC is the world’s largest corporate sustainability initiative, which brings together more than 20,000 companies…
- JUNE 4 – The corporation behind Oreo has filed a lawsuit in the US against the budget supermarket Aldi, accusing it of “blatantly” copying the packaging of its famous snacks. Court documents showed that Mondelēz International said Aldi uses similar packaging likely to “deceive” consumers and “ride…
- NAIROBI, Kenya, June 4 – Motor dealer Inchcape has been appointed the local distributor of New Holland products in Kenya. Under the deal, the firm will sell TD Straddle tractors, which are suitable for a wide range of applications; TS6 and 10S Series that are used for land preparation, cultivation…
- NAIROBI, Kenya, June 4 – Technology-driven financial services embedded within workplace systems are emerging as a powerful lever to improve workforce productivity, operational efficiency, and employee well-being. This was the key message from a high-level executive roundtable hosted by HR tech firm…
- JUNE 4 – Elon Musk has hit out at President Donald Trump’s signature tax and spending bill, describing it as a “disgusting abomination”, in a widening rift between the two allies. The budget – which includes multi-trillion dollar tax breaks and more defence spending while also allowing the US…
- NAIROBI, Kenya, June 4 – A formal complaint has been filed with the Competition Authority of Kenya (CAK) against Safaricom over an exclusive zero-rated transaction arrangement with the Ziidi Money Market Fund (Ziidi MMF), a digital investment product offered through M-Pesa. The complaint, lodged by…
- JUNE 3 – Disney says it is laying off several hundred more people around the world, with workers in its film, television and finance departments impacted. The entertainment giant has been under pressure as viewers move away from cable TV subscriptions in favour of streaming platforms. “As our…
- NAIROBI, Kenya, Jun 3 – The Government has announced that 20 percent of affordable housing units will now be reserved for disciplined service members, including the Kenya Defence Forces((KDF), the National Police Service (NPS), the National Youth Service (NYS), and the Kenya Prisons Service. …
- JUNE 3 – Global economic growth is set to be slower this year largely because of Donald Trump’s US tariffs, according to a leading international policy group. Worldwide growth is now expected to slow to a “modest” 2.9%, down from a previous forecast of 3.1%, said the Organization for Economic Co-…
- NAIROBI, Kenya, June 3 – Kenya plans to modernize agricultural education and training, according to Cabinet Secretary for Agriculture and Livestock Development Mutahi Kagwe. Speaking during the opening of the International Floriculture Trade Expo (IFTEX) 2025 in Nairobi, Kagwe asserted that the…
- MOGADISHU, June 3, 2025 – Premier Bank has rolled out an enhanced direct SWIFT payment platform, transforming international money transfers by enabling businesses and individuals in the country to send and receive funds globally — faster, simpler, and more secure than ever before. This upgrade…
- NAIROBI, Kenya, June 3 – Car buyers and importers are bracing for a price hike after the Kenya Revenue Authority (KRA) announced an updated Current Retail Selling Price (CRSP) schedule, set to take effect on 1st July 2025. The new rates will see increased customs taxes for used vehicles,…
- NAIROBI, Kenya, June 3 – Hemingways Hospitality has expanded into Rwanda with the acquisition of Heaven Holdings. The expansion, which is the chain’s first outside of Kenya, will result in a merger of The Retreat hotel, Fusion Restaurant, Heaven Restaurant, Heaven Boutique Hotel, and Heaven…
- NAIROBI, Kenya, June 3 – NCBA Bank is targeting small and medium enterprises (SMEs) in Migori County with tailored banking solutions and strategic collaborations. This was discussed during a customer engagement that attracted 100 SMEs. The event saw the participation of key stakeholders, including…
- PARIS, June 3 (Xinhua) — Global GDP growth is projected to slow from 3.3 percent in 2024 to 2.9 percent this year and the next year, the Organization for Economic Cooperation and Development (OECD) said on Tuesday. In its latest Economic Outlook, the OECD revised down its global growth forecast,…
- NAIROBI, Kenya, June 3 – The Kenya Revenue Authority (KRA) has announced that it will begin the vetting of Persons with Disabilities (PWDs) seeking income tax exemptions starting June 9, 2025. The taxman, in a statement, asserted that the move is part of a move to streamline the exemption process…
- NAIROBI, Kenya, June 3 – Moniepoint Inc., a private limited liability company incorporated in the United States of America, has been approved to acquire Sumac Microfinance Bank Limited for an undisclosed amount. As part of the deal, the U.S. firm will acquire a 78 percent shareholding of the…
- JUNE 3 – Elon Musk-owned electric vehicle (EV) giant Tesla is “not interested in manufacturing in India”, the country’s heavy industries minister has said. The remarks were made on Monday as the Indian government issued detailed guidelines for a scheme to promote EV manufacturing in the country.…
- JUNE 3 – Microsoft founder Bill Gates says that most of his $200bn (£150bn) fortune will be spent on improving health and education services in Africa over the next 20 years. The 69-year-old said that “by unleashing human potential through health and education, every country in Africa should be on…
- By George Asamani, NAIROBI, Kenya, June 3 – The announcement of deep cuts in US development assistance has cast a long shadow over Africa’s infrastructure ambitions. The African Development Fund, the continent’s principal vehicle for concessional financing, now faces a possible 37% drop in donor…
- NAIROBI, Kenya, June 3 – The Employment and Labour Relations Court has dealt a major blow to the Social Health Authority’s (SHA) controversial recruitment process after ruling that its internal advertisements restricted to former National Health Insurance Fund (NHIF) staff were discriminatory and…
- JUNE 2 – China says the US has “severely violated” their trade truce and that it will take strong measures to defend its interests. China’s Ministry of Commerce said Washington has “seriously undermined” the agreement reached during talks in Geneva last month, when both countries lowered tariffs on…
- NAIROBI, Kenya, June 2 – The Ministry of Energy and Petroleum and the Kenya Electricity Transmission Company Limited (KETRACO) hosted Thani Mohamed Soilihi, the French Minister Delegate for Francophonie and International Partnerships, for a site visit to the National System Control Centre (NSCC)…
- NAIROBI, Kenya, June 1 – President William Ruto has justified the government’s decision to lease out four state-owned sugar factories, calling it a vital step to improve efficiency, restore profitability, and safeguard the livelihoods of farmers. Speaking at the 62nd Madaraka Day celebrations in…
- JUNE 1 – Trade stakeholders at the IOTA East Africa Web3 Innovation Summit have called for the urgent adoption of digitised trade systems, highlighting outdated paper-based processes, fragmented data systems, and a lack of trust in trade documentation as major barriers to unlocking the full…
- NAIROBI, Kenya, June 1 – President William Ruto has announced a new government initiative aimed at making homeownership more accessible by offering affordable housing loans of up to Sh5 million. Speaking during Madaraka Day celebrations in Homa bay President Ruto stated that the loan facility is…
- WASHINGTON, June 1 (Xinhua) — The White House said on Saturday that U.S. President Donald Trump will soon announce a new nominee for the head of NASA, following his decision to withdraw former candidate Jared Isaacman, a close ally of Elon Musk. “After a thorough review of prior associations, I am…
- NAIROBI, Kenya, June 1 – The Kenya National Bureau of Statistics (KNBS) has reported a slight decline in the country’s annual inflation rate, which eased to 3.8 percent in May 2025, down from 4.1 percent recorded in April. Despite this marginal drop, Kenyans continue to feel the pinch of rising…
- JUNE 1 – The EU has said it “strongly” regrets Donald Trump’s surprise plan to double US tariffs on steel and aluminium in a move that risks throwing bilateral trade talks into chaos. On Friday, the US president told a rally in the steel-making city of Pittsburgh that the tariffs would rise from 25…
- MOMBASA, Kenya, June 1 – Conservationists and civic leaders have sharply criticized the Mombasa County Government following its statement defending the removal of trees from Uhuru Gardens and other public spaces, calling the justification misleading and unsupported by evidence. Responding to the…
