- NAIROBI, Kenya, Nov 22 – The government will work with the private sector to actualise Universal Health Coverage. President William Ruto said the Government will support the pharmaceutical sector to strengthen its local manufacturing capacity. The Head of State noted that the Government will review…
- NAIROBI, Kenya, Nov 22 – KCB Group profit after tax grew by Sh200 million in the nine months to September this year compared to a similar period last year. The lender’s profit expanded to Sh30.7 billion from Sh30.5 million. While its assets rose to Sh2.1 trillion, the balance sheet expanded by 64.5…
- ADDIS ABABA, Nov. 22 (Xinhua) — The African continent needs to invest in digital infrastructure and skills development so as to be at the forefront of advancements in digital technologies, a senior African Union (AU) official has said. AU Commissioner for Infrastructure and Energy Amani Abou-Zeid…
- NAIROBI, Kenya, Nov 22 – Trade engagements between Kenya and Japan have seen the Kenya Revenue Authority (KRA) collect Sh18.7 billion this year. While the country exported goods worth Sh4.84 billion to Japan, imports from the Asian country stood at Sh46.1 billion. KRA Commissioner General Humphrey…
- NAIROBI, Kenya, Nov 22 — Doosan Construction Equipment, a leader in heavy machinery, has announced its rebranding initiative and transformation into Develon. The evolution marks a significant milestone in the company’s history, conveying the brand’s commitment to ‘Develop Onward’, bringing in…
- ABUJA, Nov. 22 (Xinhua) — Nigeria has revoked the operating license of 1,663 mining operators, citing the non-payment of annual service fees by the titleholders as the primary reason. Minister of Solid Minerals Dele Alake told a press conference Tuesday in the capital of Abuja that the revocation…
- NAIROBI, Kenya Nov 22 – Deputy President Rigathi Gachagua has reassured foreign investors, particularly Indian companies, of favorable policies in Kenya’s investment sector to facilitate their endeavors. During a meeting with Shri V. Muraleedharan, India’s Minister for State for External and…
- NAIROBI, Kenya, Nov 22 – Davis & Shirtliff, a water and energy solutions provider, has partnered with the National Steering Committee on Drought Response (NSCODR) to implement a project aimed at rehabilitating 100 boreholes in 32 devolved units across Kenya. The primary objective of this…
- NAIROBI, Kenya, Nov 22 – Low-cost airline Jambojet will, starting in July next year, start flying from Mombasa to Zanzibar. The unveiling of the new route comes at a time when the airline’s market share in the domestic market stands at 56 percent. “The Mombasa-Zanzibar route is not just a flight…
- NAIROBI, Nov 22 – Hemingways Collection, a luxury boutique hotel brand, has revealed its intention to expand into new markets and invest further in its existing properties to enhance the guest experience. The announcement was made during celebrations marking the ten-year anniversary of Hemingways…
- NAIROBI, Kenya, Nov 22 – Project Management Institute (PMI) has released the 13th edition of its, Earning Power: Project Management Salary Survey. Results show that survey respondents with PMP certification earn higher median salaries than those without PMP certification, 33% higher on average…
- NAIROBI, Kenya Nov 22 – Listed superfoods producer Kakuzi Plc (NSE: KUKZ) leads the pack of local Avocado value chain players shortlisted for this year’s Kenya Avocado Industry Excellence Awards 2023. The Avocado Society of Kenya is organizing the fourth edition of the Kenya Avocado Industry…
- NAIROBI, Kenya Nov 22 – Qatar Airways has ushered in a new era with the announcement of its new Chief Executive Officer (CEO), marking a significant change after Akbar al Baker’s 27-year tenure at the helm of the Middle East’s renowned airline. Speaking at the unveiling of the new CEO, Al Meer,…
- GENEVA, Switzerland, Nov 22 – Pregnant women, babies and children face extreme health risks from climate catastrophes that warrant urgent attention, according to a Call for Action released today by United Nations (UN) agencies ahead of the global Conference of the Parties (COP28) negotiations on…
- NAIROBI, Kenya, Nov 22 – The Federation of Kenya Employers (FKE) in partnership with the Africa Digital Media Institute (ADMI), and Nexford University, have collaboratively launched a comprehensive report shedding light on the changing demands for skills in Kenya’s workforce. The survey, designed…
- CANBERRA, Nov. 22 (Xinhua) — A majority of Australians are driving less amid a rise in fuel prices, a poll has found. According to the survey, which was published by independent NGO the Climate Council on Wednesday, 71 percent of Australians have taken steps to reduce their driving expenses in…
- NAIROBI, Kenya, Nov 21 – Forty business leaders from East, Central, and Southern Africa were awarded certificates of completion by the Stanford Graduate School of Business after finishing a 10-month rigorous management programme under the Stanford Seed Transformation Programme. They included 18…
- LUSAKA, Nov. 21 (Xinhua) — The Common Market for Eastern and Southern Africa (COMESA) and the European Union (EU) on Monday signed two financing agreements with a total value of 48.2 million euros (53 million U.S. dollars). The new grants to COMESA will focus on improving the overall trade…
- NAIROBI, Kenya, Nov 21 – Kenya Airways has announced the resumption of flights to Bangkok starting today. It will operate five times per week on the route. The national carrier says that the resumption of flights to Bangkok will expand its current network to 42 destinations. “Today marks a moment…
- NAIROBI, Kenya, Nov 21 – Smartphone manufacturer TECNO Mobile has unveiled its first ever flip phone, the Techno Phantom V Flip 5G device, in the country. The phone maker says the new device is set to revolutionise the flip smartphone market in Kenya through its cutting-edge features as well as its…
- NAIROBI, Kenya, Nov 21 – Old Mutual has partnered with Haltons Pharmacy and Goodlife Pharmacy to unveil Pharmacy First service that is set to enable Kenyans to receive treatment at Community Pharmacies. The partners aver that the program is set to revolutionize how primary healthcare is accessed…
- NAIROBI, Kenya, Nov 21 – Tourism and Wildlife Cabinet Secretary Alfred Mutua has called on the East African Community partner states to work together in marketing the region as a single tourism destination in a bid to attract more business from the sector. Speaking during the opening of the 3rd…
- By Erick Wilson Wafula NAIROBI, Kenya, Nov 21 – In a recent Human Resource Talent Summit, a forum for HR professionals to share their learnings and insight with a focus on talent management, took place last week in Mombasa, providing another opportunity for HR professionals to meet and review the…
- NEW YORK, Nov. 20 (Xinhua) — The U.S. dollar weakened substantially in late trading on Monday, continuing its decline from the previous week, as investors maintain the belief that the Federal Reserve has completed its cycle of interest rate increases. The dollar index, which measures the greenback…
- TRIPOLI, Nov. 20 (Xinhua) — Libya’s state-owned National Oil Corporation (NOC) Monday said the country’s daily oil production has reached 1.24 million barrels. “Crude oil production reached 1,240,000 barrels per day, and condensate production reached 50,000 barrels per day during the past 24 hours…
- NAIROBI, Nov. 20 (Xinhua) — The World Bank said Monday it expects to provide 12 billion U.S. dollars in support for Kenya in the next three years. In a statement issued in Nairobi, the capital of Kenya, the World Bank said that it’s fully committed to supporting the east African nation in its…
- NAIROBI, Kenya, Nov 20 – SasaPay, a digital payments service provider, has been named Africa’s Best Emerging Digital Payment Provider of the Year at the 8th Edition of the Africa Digital Economy Awards 2023 held in Nairobi. The organisers of ADEA, InstinctWave, the publisher of Digital Economy…
- SEOUL, Nov. 20 (Xinhua) — South Korean banks’ net income logged a double-digit fall in the third quarter due to lower non-interest income, financial watchdog data showed on Monday. The combined net income of local banks amounted to 5.4 trillion won (4.2 billion U.S. dollars) in the July-September…
- NAIROBI, Nov. 20 (Xinhua) — The Kenya Industrialization Conference, which aims to boost the country’s industrial agenda and provide a platform for experts from academia, industry and development partners, began Monday in the Kenyan capital of Nairobi. The opening of the three-day event coincides…
- NAIROBI, Kenya Nov 20 – Daykio Plantations Limited, the foremost Real Estate company in Kenya, is undertaking a new venture that holds significant promise for potential investors along Juja farm in Nairobi. Known as Hekima Gardens Estate, the project is a meticulously planned gated community…
- NAIROBI, Kenya, Nov 20 – Anza Village, a Kenyan firm that supports innovation organisations, is the winner of this year’s €5,000 Garage48’s ISO Bootcamp Kenya. The company was named the winner in a fiercely contested competition that attracted a number of innovation support organisations in…
- LUANDA, Nov. 19 (Xinhua) – Angola’s average daily oil production exceeded 1.14 million barrels in October, marking a slight increase of 3.08 percent compared to the previous month, data has shown. According to the National Agency of Oil, Gas, and Biofuels, the industry regulator, Angola’s oil…
- SAN Francisco, United States, Nov 19 – President Xi Jinping reiterated his opposition to any attempt to politicize, weaponize or impose security implications on economic and trade issues while addressing the 30th Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in San Francisco on…
- NAIROBI, Kenya, Nov 19 – Honing a skill in the distillery industry can be a tough adventure. This is because there are fewer brewers in Kenya. Since the field is dominated by men, women find it even harder to break the glass ceiling. Competition is especially high at big firms such as Kenya…
- TOKYO, Nov. 19 (Xinhua) — One in four couples who got married in the past year in Japan met through matching apps, the same proportion as those who met at work, a recent survey conducted by Meiji Yasuda Life Insurance Co. has found. The online survey, conducted from Oct. 12 to Oct. 16, received…
- LOS ANGELES, Nov. 18 (Xinhua) — SpaceX’s giant new rocket Starship on Saturday blasted off on its second test flight but ended prematurely with an explosion minutes after launch. Starship successfully lifted off under the power of all 33 Raptor engines on the Super Heavy Booster at about 7:04 a.m.…
- NAIROBI, Nov. 17 (Xinhua) — The number of passengers who used Kenya’s standard gauge railway (SGR) train rose 13.8 percent in the third quarter, Kenya Railways Corporation (KRC) said on Friday. Passenger traffic in the three months (July-September) stood at 701,132 amid a resurgence in economic…
- NAIROBI, Kenya, Nov 18 – Futurize, a UK-based company that provides a platform for building impactful ventures, has been training young entrepreneurs and innovators in Africa to access global markets. Speaking at the 2023 Futurize Health Tech Summit at Strathmore University in Nairobi, Chief…
- SAN FRANCISCO, Nov. 17 (Xinhua) — OpenAI, the company that launched ChatGPT, announced on Friday that it had dismissed CEO Sam Altman after the company lost confidence in his ability to lead. “Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not…
- NAIROBI, Kenya, Nov 18 – Jubilee Health Insurance has launched health telematics to promote wellness and a healthy lifestyle among its customers and the wider community. Dubbed the ‘Do Anything For The Steps’ campaign, the health telematics will target both existing Jubilee Health customers and non…
- By Dr. Renson Mukhwana NAIROBI, Kenya, Nov 18 – According to the International Diabetes Federation, four out of every five parents struggle to detect diabetes symptoms in their children. This is especially concerning given that the global prevalence of paediatric diabetes is rising. Diabetes is a…
- NAIROBI, Kenya, Nov 18 – The Communications Authority of Kenya has announced a reduction in charges of mobile call rates from March next year. In a statement, the authority urged telco providers to review the current Sh0.58 per minute down rate to Sh0.41 per minute. In the latest review, the…
- NAIROBI, Kenya, Nov 18 – Kenya Revenue Authority (KRA) staff are reportedly missing after their vehicle was swept by floods at the Ramisi River in Kwale County yesterday. They were travelling back to Mombasa from Lunga Lunga, where they are stationed. “The Authority has already engaged family…
- ADDIS ABABA, Nov. 18 (Xinhua) — African countries need to show stronger political will to advance industrialisation, advocated the three-day Africa’s flagship economic conference running until Saturday in Ethiopian capital, Addis Ababa. On the theme “Imperatives for Sustainable Industrial…
- MANILA, Nov. 18 (Xinhua) — Philippine President Ferdinand Romualdez Marcos has sought a partnership with popular video platform TikTok to promote the products of Filipino small-scale sellers and entrepreneurs, the Presidential Communications Office (PCO) said Saturday. The PCO said Marcos wants to…
- NAIROBI, Nov. 17 (Xinhua) — Kenya’s economy could face setbacks without climate actions designed to reduce greenhouse gas emissions and adjustments to the effects of climate change, the World Bank said in a report released Friday. According to the Kenya Country Climate and Development Report,…
- NAIROBI, Kenya, Nov 17 – President William Ruto has said the Government is adopting new approaches to managing emerging security threats. He said the Government is committed to enhancing the education of members of the security service to prepare them for the challenges of the modern world. This…
- NAIROBI, Kenya, Nov 17 – Kenyans are set to access additional pension and saving products for diverse financial needs. This comes after Old Mutual Life Assurance Company, a provider of financial services in Kenya, underscored the importance of extending pension coverage to all citizens. “In a…
- NAIROBI, Kenya, Nov 17 – About 100 new services and updates have been introduced by Microsoft to boost artificial intelligence (AI) in the areas of productivity and security offerings. These were made at Microsoft Ignite 2023, the company’s annual conference for developers and IT professionals. It…
- By Susanna Ray NAIROBI, Kenya, Nov 17 – The term ‘AI’ has been used in computer science since the 1950s, but most people outside the industry didn’t start talking about it until the end of 2022. That’s because recent advances in machine learning led to big breakthroughs that are beginning to have a…
