- NAIROBI, Kenya, Oct 6 – The government has been urged to expedite the digitization of services within the Ministry of Lands, a call made by stakeholders in the real estate sector. This follows the recent announcement of title deed paper theft from the government press offices. Chrispus Wachira,…
- OCT 6 – Maldivian President Mohammed Muizzu has told the BBC that he is confident that India will come to the aid of the island nation as it faces an economic crisis. Muizzu, who begins a five-day visit to India on Sunday, is expected to seek a bailout worth hundreds of millions of dollars. The…
- NAIROBI, Kenya, Oct 5 – The Ministry of Labour and Social Protection has revealed that 25 recruitment agencies have been blacklisted following public mistrust. In a report, the Labour Cabinet Secretary Alfred Mutua said that the agencies have either been deregistered or denied registration…
- NAIROBI, Kenya, Oct 5 – A recent report commissioned by the Mastercard Foundation and the Africa Leadership and Dialogue Institute (ALADI) has highlighted the significant potential of young women in Africa to contribute to the continent’s economic growth, predicting an addition of $287 billion to…
- OCT 5 – Hiring in the US surged unexpectedly last month, easing fears that the economy might be heading for a sudden, sharp downturn. Employers in the US added 254,000 jobs in September, much more than expected, while the jobless rate dipped from 4.2% to 4.1%, the Labor Department said. That was…
- NAIROBI, Oct. 5 (Xinhua) — Kenya Airways, the country’s flag carrier, said on Friday that the consolidation of airlines on the continent will help reduce the cost of intra-African air travel. Allan Kilavuka, chief executive officer of Kenya Airways, said in the Kenyan capital of Nairobi that travel…
- OCT 5 – The Kenyan film sector recently underwent training on intimate scenes during the production process. This was done by MultiChoice Talent Factory in partnership with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and the Kenya Film Commission. The two-day masterclass, which…
- BERLIN, Oct. 5 (Xinhua) — The EU voted on Friday to impose tariffs on imports of Chinese electric vehicles (EVs), a move that drew criticism from Hildegard Mueller, president of the German Association of the Automotive Industry (VDA). In a statement, Mueller said that the move marks a step back for…
- NAIROBI, Oct. 5 (Xinhua) — Kenya’s foreign exchange reserves rose for the sixth straight week to hit a near two-year high of 8.19 billion U.S. dollars as of Thursday, the country’s apex bank said in its weekly update of the financial markets on Friday. The forex reserves have sustained an upward…
- WASHINGTON, Oct. 4 (Xinhua) — U.S. employers added 254,000 jobs in September, as unemployment rate edged down to 4.1 percent, signaling that the labor market remains steady, the U.S. Labor Department reported Friday. Employment continued to trend up in food services and drinking places, health care…
- KIGALI, Oct. 4 (Xinhua) — Rwanda emerged among the top performers in fostering a welcoming business and investment environment, according to an inaugural World Bank Business Ready (B-READY) report unveiled Thursday. The first edition of the report, which replaces the previous Doing Business project…
- NAIROBI, Kenya Oct 4 – Kenya Airways (KQ) has announced plans to boost fleet capacity from the current 42 to 55 aircraft in the next 5 years. KQ CEO and Group MD Allan Kilavuka said that the acquisition will boost efficiency, resulting in revenue growth. “We plan to increase the number of our…
- OCT 4 – Big taxes will be imposed on imports of electric vehicles from China to the EU after the majority of member states backed the plans. The move to introduce tariffs aims to protect the European car industry from being undermined by what EU politicians believe are unfair Chinese-state…
- NAIROBI, Kenya, Oct 4 – Standard Chartered says it has reinforced its commitment to global investments in Kenya as more local investors seek to diversify their portfolios beyond domestic markets. The lender says it has introduced new products this year, including US corporate bonds, USD government…
- NAIROBI, Kenya, Oct 4 – The Kenya Medical Research Institute (KEMRI) has prepared specialized laboratories across the country following the outbreak of Marburg Virus Disease (MVD) in Rwanda. Speaking at the KEMRI Mtwapa Research Facility in Kilifi on Thursday, KEMRI Director General Elijah Songok…
- NAIROBI, Kenya, October 4 – A phase 3 clinical trial has been initiated by the Kenya Medical Research Institute (KEMRI) to evaluate the efficacy level of the M72/ASO1E tuberculosis (TB) vaccine. Speaking at the KEMRI Mtwapa Research Facility in Kilifi on Thursday, KEMRI Director General, Elijah…
- OCT 4 – Kenya and South Korea have marked a major milestone in their bilateral relations, celebrating 60 years of diplomatic ties that have fostered strong cooperation across varous sectors, including trade, technology, education, and culture. This landmark anniversary was commemorated on October 1…
- OCT 4 – UniWorld Group Africa (UWG Africa) and Kasi Insights today announced a new partnership to launch the Gen Z Growth Playbook: Unlocking the Power of Z to Drive Sustainable Growth in Kenya. This comprehensive resource provides actionable, data-driven strategies for brands to engage Generation…
- NAIROBI, Kenya, Oct 4 – Investors have been asked to take advantage of the immense investment opportunities in Northern Kenya. A new study by Interpeace, an international peacebuilding organization, has identified entry points for peace-positive investment in Northern Kenya’s frontier markets,…
- NAIROBI, Kenya, Oct 4 – The Kenya Tourism Board has entered into an agreement with AirAsia (AAX), a Malaysian low-cost carrier, to connect Africa and Asia with direct flights. Under the deal, AAX and KTB will conduct joint promotional activities, coordinated marketing, and collaborative efforts to…
- OCT 4 – The government will prioritise and increase investment in major projects at this month’s Budget, Chancellor Rachel Reeves has said. In addition, she announced a nearly £22bn investment in two major new carbon capture schemes over 25 years. She criticised plans she inherited from the…
- NAIROBI, Kenya, Oct 4 – Kenya Airways (KQ) is aiming to generate Sh322 million from the sale of duty-free products to passengers by the end of 2024. According to Michael Ithau, the airline’s In-flight Performance Manager, the duty-free service was introduced as part of KQ’s strategy to boost…
- NAIROBI, Kenya, Oct 4 – Asset financier MOGO has stopped issuing dollar-denominated loans after entering into an agreement with the Competition Authority of Kenya (CAK). The removal follows complaints from customers whose payments went up after the greenback strengthened against the Kenyan shilling…
- By Grace Wandera OCT 4 – In every economy, the collective contribution of taxes serves as the bedrock of national growth and prosperity. Taxpayers are the primary source of revenue for governments worldwide, financing public services, infrastructure development, and essential programs that support…
- OCT 4 – Next time you’re running at full tilt towards your airport gate, spare a thought for the airline staff who made sure that that gate was actually available. Gate allocation is a surprisingly complex task. “With 15 gates and 10 airplanes, there are more than 570 billion possibilities,” says…
- NAIROBI, Kenya, Oct 4 – The Competition Authority of Kenya (CAK) has fined asset financier Mogo Sh10.9 million for engaging in false and misleading representation and unconscionable conduct against its customers. CAK says the decision follows investigations triggered by complaints from four…
- ROME, Oct. 4 (Xinhua) — Microsoft has announced plans to invest 4.3 billion euros (4.74 billion U.S. dollars) in Italy to develop infrastructure for artificial intelligence (AI) and cloud-based data centers. The announcement on Wednesday night came after a meeting in Rome between Italian Prime…
- NAIROBI, Kenya, Oct 4 – The Kenya Electricity Transmission Company(KETRACO) has declined to disclose information regarding the company’s reported partnership agreements with an Indian firm Adani Energy Solutions, whose sister company is also facing opposition on the Jomo Kenyatta International…
- NAIROBI, Kenya, Oct 3 – Carrefour Kenya has introduced its ‘Buy Kenya, Build Kenya’ campaign to boost local manufacturing. Running until October 17, the campaign aims to showcase a variety of locally made products available both in-store and online, encouraging customers to support Kenya’s…
- NAIROBI, Kenya, Oct 3 – Absa Bank has officially launched its Absa Kenya Foundation (AKF), which will serve to promote the bank’s social and environmental contributions in communities. AKF, sponsored by the bank alongside its strategic partners, will focus on an array of areas, including…
- NAIROBI, Kenya, Oct 3 — An impasse between the National Assembly and the Senate over the equitable revenue share to devolved units in will now head to mediation following conflicting decisions on the matter. MPs voted for the counties to receive an allocation of Sh380 billion as proposed National…
- NAIROBI, Kenya, Oct 3 – Researchers are now alarmed that more government funding is required in order to maintain and sustain plant gene banks in the country so as to preserve crop diversity. Plant genebanks are technical facilities that store plant genes. The most common type of material in this…
- By Dr. Solomon Mutua OCT 3 – October is Breast Cancer Awareness Month, a time to highlight the importance of early detection and screening. Breast cancer occurs when cells in the breast grow uncontrollably. The breast consists of three main parts: 1. Lobules – Glands that produce milk. 2. Ducts –…
- TEHRAN, Oct. 3 (Xinhua) — Iran has resumed flights to and from the country as of Thursday morning, following their suspension after Iranian missile attacks on Israel on Tuesday evening, according to a spokesman of Iran’s Civil Aviation Organization (CAO). CAO spokesman Jafar Yazarlou announced that…
- NAIROBI, Oct. 3 (Xinhua) — President William Ruto has reaffirmed his commitment to increasing tourist numbers in Kenya through diversification and targeted marketing in emerging source markets. Speaking at the 2024 Magical Kenya Travel Expo, Ruto highlighted the event’s role in showcasing the…
- NAIROBI, Kenya, Oct 3 – Persons sharing inflammatory comments on social media risk facing stringent penalties should parliament give nod to a new Misuse and Cybercrimes (Amendment) Bill. The Bill sponsored by Wajir East MP Aden Daudi aims to strengthen the existing legislation by introducing new…
- NAIROBI, Kenya, Oct 3, 2024 – SNDBX International, a SME solutions hub, has announced the 4th edition of The Big Baraza Annual Conference. This year’s theme, “Game Changers,” will spotlight how businesses can innovate and adapt to succeed by leveraging the right connections, opportunities, and…
- NAIROBI, Kenya, Oct 3 — Moi University has closed its Eldoret campus indefinitely over student unrest due to industrial action by the institution’s staff and lecturers. In a statement released on Thursday, the office of the Vice-Chancellor directed all students to leave the school premises with…
- TOKYO, Oct. 3 (Xinhua) — The amount of gold seized in smuggling in Japan in the first half of 2024 totaled 937 kg, up more than eightfold from the same period last year, local media reported Thursday. The Finance Ministry has announced that 228 cases of gold seizures were reported by customs…
- NAIROBI, Kenya, Oct 3 – Private sector activity in Kenya deteriorated slightly last month, weighed down by weak new orders and output linked to low consumer demand. Stanbic Bank Kenya’s Purchasing Manager’s Index (PMI) shows that last month PMI dropped to 49.7. A PMI reading below 50 indicates a…
- ADDIS ABABA, Oct. 3 (Xinhua) — The Ethiopian government has announced that the country’s economy grew over 8 percent in its fiscal year, which ended on July 7. Ethiopian Minister of Planning and Development Fitsum Assefa said that building on an 8.1 percent economic growth in the last fiscal year,…
- NAIROBI, Kenya Oct 3 – The Kenya National Chamber of Commerce and Industry (KNCCI) has partnered with the Boda Boda Association of Nairobi to enhance healthcare access and lower accident rates. The initiative, which includes first aid training and road safety programs, seeks to address challenges…
- NAIROBI, Kenya Oct 3 – Britam Asset Managers has introduced the USD Fixed Income Fund, which offers investors a secure and competitive investment option in a mix of local and offshore fixed income securities. The investment portfolio includes a variety of interest-bearing securities such as bank…
- CAIRO, Oct. 3 (Xinhua) — Egyptian Prime Minister Mostafa Madbouly said on Wednesday that Egypt’s external debt declined by more than 15 billion U.S. dollars in six months to go below 153 billion dollars, the Egyptian cabinet said in a statement. “The external debt recorded 168 billion dollars last…
- NAIROBI, Kenya, Oct 3 – Hotel, lodge, bar, and restaurant workers will be required to pay a fee to get a practicing license if a new bill passes through in Parliament. The Hospitality Professional Bill, 2023, which is currently before the Senate, will impose a hefty fine and jail terms on those who…
- NAIROBI, Kenya Oct 2 – Kenya’s monthly inflation rate eased to 3.6 percent in September 2024 amid an increase in food and non-food commodity prices. Latest data from the Kenya National Bureau of Statistics (KNBS) shows that the country’s inflation dropped from 4.4 percent in Augst to 3.6 percent…
- MANILA, Oct. 3 (Xinhua) — The International Finance Corporation (IFC), a member of the World Bank Group, said Thursday that it has invested 7 million U.S. dollars in First Circle, a technology company providing smart banking solutions to SMEs in the Philippines. The IFC said the move is intended to…
- NAIROBI, Oct. 3 (Xinhua) — Kenya Railways Corporation (KRC) on Wednesday upgraded the Chinese-built standard gauge railway (SGR) Madaraka Express passenger train with premium class coaches, marking a new milestone for the popular service. In a statement released in Kenya’s capital of Nairobi, the…
- NAIROBI, Kenya, Oct 2 – Thomas Njeru, CEO and co-founder of Pula Advisors, an insurtech company that provides insurance for smallholder farmers in Africa, Asia, and Latin America, has been included in the TIME100 Next Influential Leaders list. The list is an expansion of the TIME100, which…
- ACCRA, Oct. 2 (Xinhua) — Ghana’s annual inflation rate rose to 21.5 percent in September from 20.4 percent in August, Ghana Statistical Service (GSS) said Wednesday. “The rise in inflation in September reversed the consistent drop in inflation rate over the five-month period from April to August,”…
