- NAIROBI, Kenya, May 27 – The National Transport and Safety Authority (NTSA) has directed all operators of public service vehicles (PSVs) to remove graffiti as well as unauthorized artistic enhancements that conceal vehicles’ identities. NTSA said that such applications obscure the names of saccos…
- MAY 27 – Sweden-based car maker Volvo Cars says it will cut around 3,000 jobs as part of its cost-cutting measures. The firm says the layoffs will mainly impact office-based positions in Sweden, representing about 15% of its white collar workforce. Last month, Volvo Cars, which is owned by Chinese…
- NAIROBI, May 27 (Xinhua) — Kenyan President William Ruto on Monday launched the Wildlife Conservation Prepaid Card, an innovative financial tool designed to support wildlife protection efforts. Speaking at Meru National Park in central Kenya during the unveiling of 950 million Kenyan shillings (…
- NAIROBI, Kenya, May 27 – Microsoft has launched a new cybersecurity initiative targeting the Global South, starting with a strategic partnership with Kenya’s National Computer and Cybercrime Coordination Committee (NC4). The move is part of the company’s Advancing Regional Cybersecurity (ARC)…
- NAIROBI, Kenya, May 27 – Low-cost retailer Jaza has opened a 24th outlet on Katani Road as it eyes Syokimau residents. The expansion follows the recent opening of Jaza’s Kasuku Centre location in Kileleshwa, which also targets surrounding areas of Kilimani, Lavington, Statehouse Road, and Riverside…
- NEW YORK, May 27 (Xinhua) — U.S. President Donald Trump on Monday threatened to divert billions in grant dollars away from Harvard University and give those funds to trade schools across the United States, escalating his clash with the elite institution. “I am considering taking Three Billion…
- NAIROBI, Kenya, May 27 – Absa Bank Kenya’s profit after tax grew by four percent to Sh6.2 billion in the first quarter of this year compared to a similar period between January and March 2024. The lender attributes improved revenue to operational resilience and customer confidence, coming on the…
- NAIROBI, Kenya, May 26 – Kenya is set to host the third edition of the Kenya Blockchain and Crypto Conference (KBCC) from June 12–13, 2025, in Nairobi, as the country positions itself at the center of Africa’s emerging digital asset economy. The event, backed by global cryptocurrency exchange…
- LONDON, May 26 (Xinhua) — U.S. applications for British citizenship hit a record high in the first quarter of 2025, according to data published by the Home Office on Thursday. More than 1,930 U.S. citizens applied for British citizenship in the first three months of 2025, the highest quarterly…
- NAIROBI, Kenya, May 26 – The government plans to build 38 technical and vocational colleges (TVCs) in constituencies that are unserved in subsequent financial years. This is part of the state’s goal of setting up at least one TVC in every constituency. Currently, 238 constituencies in Kenya have at…
- NAIROBI, Kenya, May 26 – The Government has released 200,000 bags of maize to stabilizes flour prices amid grain scarcity. Under the program, miller associations and individual millers will buy 90-0 kilogram bag at a subsidized rate of Sh4,250 from the National Cereals and Produce Board (NCPB).…
- NAIROBI, May 26 (Xinhua) — In a cozy café nestled in Nairobi’s Karen district, chestnut-colored AA-grade Kenyan coffee beans are carefully ground, extracted and brewed under the focused gaze of a local barista. The bitterness transforms into something wondrous, a bright acidity blossoms,…
- ADEN, Yemen, May 26 (Xinhua) — Yemen’s major Red Sea ports of Hodeidah, Salif, and Ras Issa lost some 1.4 billion U.S. dollars from July 2024 to May this year amid U.S. and Israeli airstrikes, the Houthi group said Sunday. The airstrikes targeted civilian port infrastructure and operational…
- NAIROBI, Kenya, May 26 – Kenya’s agriculture and livestock sectors face a significant budget shortfall for the 2025/26 financial year, with Parliament’s budget estimates allocating Sh58.2 billion—far below the Sh106 billion requested by the Ministry of Agriculture and Livestock Development. The…
- MAY 26 – Burgundy is one of the most prestigious wine regions in France, and the US is its biggest export market. But now Donald Trump’s tariffs are threatening to price European wine out of the American marketplace. Crouched in cold mud under a thin Spring rain, vineyard employee Élodie Bonet…
- NAIROBI, Kenya, May 26 – The Supreme Court has dismissed an application by Kwale Sugar International Company Ltd seeking to halt insolvency proceedings initiated by EPCO Builders Ltd over a Sh405 million debt, dealing a blow to the sugar miller’s efforts to shield itself from liquidation. Kwale…
- NAIROBI, Kenya, May 26 – Kenyan startups developing solutions with measurable social or economic impact are eligible to apply for up to €100,000 in non-dilutive capital through the develoPPP Ventures programme. Applications for Cohort 9 opened on May 15 and will close on June 30, 2025. The…
- MAY 26 – US President Donald Trump has agreed to extend a deadline to negotiate tariffs with the European Union until 9 July. It comes after President of the European Commission Ursula von der Leyen said she had a “good call” with Trump on Sunday. Last month, Trump announced a 20% tariff on most EU…
- NAIROBI, Kenya, May 26 – The Government will allocate KSh500 million in the next financial year to correct illegal power connections in Nairobi’s informal settlements, President William Ruto has announced. The poorly installed connections have been blamed for fire incidents that have razed houses…
- DAMASCUS, May 25 (Xinhua) — The Trump administration’s recent decision to ease longstanding sanctions on Syria has sparked cautious optimism among Syrians and regional observers, with many viewing it as a potential turning point in the country’s arduous path toward recovery after more than a decade…
- NAIROBI, Kenya, May 25 – The Kenya Revenue Authority (KRA) has reaffirmed its commitment to protect taxpayer data as it accelerates its digital transformation agenda. Commissioner General Humphrey Wattanga said the Authority is working closely with the Office of the Data Protection Commissioner (…
- MAY 24 – Boeing is set to enter into a non-prosecution agreement in the fatal crashes of two 737 Max aircraft that killed hundreds, the US Department of Justice said. As part of the deal, Boeing will avoid an upcoming fraud trial that could have resulted in the US aviation giant and defence…
- NAIROBI, Kenya, May 24 – Kenyan tycoon Julius Mwale has scored a major legal victory after a U.S. federal court in the Southern District of New York dismissed a Sh220 million lawsuit filed against him and his wife, Kaila Mwale. The case, brought by American plaintiffs Mathew and Brooke Shaw, was…
- NAIROBI, Kenya, May 24 – Tatu City and Stanbic Bank Kenya have entered a partnership aimed at simplifying home ownership for Kenyans and diaspora investors through accessible property financing options. Under the agreement, buyers can access up to 105 percent financing for homes valued at Sh10.5…
- MAY 24 – The European Union’s trade chief said the 27-member bloc is committed to securing a trade deal with the US based on “respect” not “threats”. It comes after US President Donald Trump threatened to slap a 50% tariff on all goods sent to the US from the EU. “The EU’s fully engaged, committed…
- NAIROBI, Kenya, May 24 – Kenya is targeting a 27 percent increase in tourist arrivals from Uganda this year, aiming to grow the number to 300,000 visitors by December 2025. The move builds on existing strong cultural and logistical ties, with improved road and air connectivity and visa-free travel…
- MAY 23 – US President Donald Trump has hosted top purchasers of the cryptocurrency that bears his name at a gala dinner, in an event that protesters and his Democrat opponents branded as “corrupt”. $TRUMP was launched shortly before his inauguration in January, initially rocketing in value before…
- NAIROBI, Kenya, May 23 – Stakeholders will have an opportunity to raise their concerns on the development of a luxurious eco-camp at the Ngong Forest. The Kenya Forest Service (KFS) County Forest Conservator Margaret Wanjiru said the exercise will be happening on May 27, 2025, at the CFA Learning…
- LUANDA, May 23 (Xinhua) — Angola has a diamond stock valued at over 15 million U.S. dollars, equivalent to approximately the first five months’ production in 2025, the executive director of the state-owned diamond company ENDIAMA, Domingos Margarido, said Thursday. Speaking to the press in Lunda…
- NAIROBI, May 20, 2025 – Over 720,000 refugees in Kenya face deepening food insecurity as the World Food Programme (WFP) warns of a severe funding crisis, forcing the agency to slash food rations and suspend all cash assistance from June. The cuts mark the lowest levels of assistance ever provided…
- NAIROBI, Kenya, May 23 – Kenya’s State Department for Technical and Vocational Education and Training (TVET) is implementing major reforms to reposition the sector as a key driver of job creation and inclusive growth under the government’s Bottom-Up Economic Transformation Agenda (BETA). The…
- LONDON, May 23 (Xinhua) — Public borrowing in the United Kingdom (UK) surged to 20.2 billion British pounds (27.07 billion U.S. dollars) in April, marking the fourth-highest level since monthly records began in 1993, official data showed Thursday. The borrowing, the difference between spending and…
- NAIROBI, Kenya – May 23 – Three Kenyan startups—Solar Freeze, Farmer Lifeline, and Pollen Patrollers—have been shortlisted for the prestigious Qualcomm Make in Africa 2025 program, joining a competitive cohort of ten innovators from across the continent. Now in its third year, the Qualcomm Make in…
- MAY 23 – One cent coins will stop being produced in the US next year, the Treasury Department has confirmed. It marks the phasing out of the coins, commonly known as pennies, which have been in circulation for more than two centuries. President Donald Trump told Treasury Secretary Scott Bessent in…
- NAIROBI, May 23 (Xinhua) — Kenya on Thursday called for more inclusive and context-sensitive financing of the agriculture system in Africa to boost food production amid climate change effects. Musalia Mudavadi, Kenya’s prime cabinet secretary and cabinet secretary for foreign and diaspora affairs,…
- May 23 – Indians are the second-largest buyers of luxury properties in Dubai after high-net-worth individuals (HNWIs) from Saudi Arabia, according to a new report by global property consultancy Knight Frank. British nationals ranked third. The report shows Saudi buyers had the highest average…
- By Njeri Jomo NAIROBI, Kenya, May 23 – In the race to build performance-driven organisations, we often overlook the one resource no business can function without the mental wellbeing of its people. We audit our finances, stress-test our systems, and forecast growth. But too often, we ignore what’s…
- NAIROBI, Kenya, May 22 – Barbados is pitching itself as the next dream destination for Kenyan travelers, following a high-level engagement by the Barbados Tourism Marketing Inc. (BTMI) and the Barbados High Commission in Nairobi. The campaign seeks to tap into Kenya’s growing outbound tourism…
- MAY 22 – Sir Jony Ive, the hugely influential British designer responsible for the look of Apple’s most iconic and successful products, is joining OpenAI. Boss Sam Altman said he was “thrilled” to be partnering with the man he called the “greatest designer in the world”. OpenAI, the maker of…
- NAIROBI, Kenya, May 22 – The proposed 2025/26 budget estimates have exposed significant underfunding across key public service institutions, raising concerns over the country’s ability to deliver on promised reforms and drive economic transformation under the Bottom-Up Economic Transformation…
- NAIROBI, Kenya, May 22 – 36 healthcare facilities have temporarily stopped offering services to Teacher Service Commission (TSC) members over non-payment of funds from the government. 32 are from non-affiliated providers, one under the Rural & Urban Private Hospitals Association (RUPHA), and…
- TOKYO, May 22 (Xinhua) — The Japanese government started a new gasoline subsidy program on Thursday to reduce fuel prices and cope with the rise in household living costs, local media reported. The revamped scheme aims to cut the prices of gasoline by 10 yen (about 0.07 U.S. dollar) per liter by…
- NAIROBI, Kenya, May 22 – Standard Chartered Bank has launched a wealth campaign targeting Kenya’s affluent market, signaling deeper investment in high-net-worth clients through tailored advisory and digital solutions. The global campaign, “Now’s Your Time for Wealth,” is part of a $1.5 billion…
- NAIROBI, Kenya, May 22 – Stanbic Bank Kenya has unveiled a strengthened strategy to support the country’s tea industry through tailored financial products, digital platforms, and strategic partnerships aimed at boosting efficiency and farmer earnings. The bank’s Tea Proposition seeks to address…
- MAY 22 – When Japan’s farm minister declared that he never had to buy rice because his supporters give him “plenty” of it as gifts, he hoped to draw laughs. Instead Taku Eto drew outrage – and enough of it to force him to resign. Japan is facing its first cost-of-living crisis in decades, which is…
- NAIROBI, Kenya, May 22 – The government has halted contract renewals and recruitment in State Corporations as it moves to implement major reforms, including mergers and dissolutions of several parastatals. In a directive issued by Chief of Staff and Head of Public Service Felix Koskei, institutions…
- MAY 22 – Nike says it will raise the prices of some products from 1 June, with the increases hitting everything from shoes to clothing. The sportswear giant says it is making the changes as part of “seasonal planning” and did not mention US President Donald Trump’s tariffs policies that have…
- NAIROBI, Kenya, May 22 – The government has halted new SACCO registrations for three months to pave the way for sweeping reforms aimed at addressing fraud and weak oversight in the sector. Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya said the moratorium follows rising cases of…
- NAIROBI, Kenya, May 21 – KCB Group Plc has reported a profit after tax of Sh16.53 billion for the first quarter ended March 2025, matching last year’s Sh16.48 billion despite a challenging operating environment. Total revenue rose by 2 percent to Sh49.4 billion, supported by a stable loan portfolio…
- NAIROBI, Kenya, May 21 – NCBA Group profit after tax grew by three percent to Sh5.5 billion in three months to March this year, an improvement from Sh5.3 billion recorded during a similar period in 2024. Whereas NCBA Bank Kenya contributed 79 percent of the group’s Sh6.8 billion gross profit, …
