- NAIROBI, Oct. 2 (Xinhua) — Chinese telecom firm Huawei hosted a training workshop in Nairobi, the capital of Kenya, to boost information and communications technology (ICT) skills in the East African nation. The event, held on Tuesday, brought together key instructors and stakeholders across the…
- NAIROBI, Oct. 2 (Xinhua) — Kenya’s economy expanded 4.6 percent in the second quarter of 2024, a slowdown from the 5.6 percent growth recorded in a similar period the previous year, the country’s national statistics bureau said Wednesday. According to the Kenya National Bureau of Statistics (KNBS…
- By Mbugua Njihia OCT 2 – With the world’s youngest population, Africa holds immense potential to shape its future through innovation and technology. More than 60 percent of its people are under 25. Gaming is emerging as a powerful catalyst for digital inclusion, providing African youth with…
- By Pancras Mutuma OCT 2 – In the past two years, the world of artificial intelligence (AI) has seen an explosion of advancements, with ChatGpt emerging as the most recognised generative text tool since its release in November 2022. This ground-breaking technology empowers individuals to…
- By Kennedy Kachwanya OCT 2 – The global gaming industry is one of the fastest-growing sectors, projected to reach a staggering $300 billion by 2025. Africa, with its young and dynamic population, is poised to become a major player in this space. According to recent reports, the gaming industry in…
- NAIROBI, Kenya, Oct 2 — Adhesive manufacturer Henkel has unveiled its Nairobi plant as fully reliant on renewable energy in what it says is a milestone in its sustainability journey. This transition is part of the company’s broader sustainability agenda and positions it as a leader in environmental…
- NAIROBI, Kenya, Oct 2 – Tax policy experts PWC now say governments across the continent face the complex challenge of modernizing their taxation systems to keep pace with evolving trade patterns. According to PWC, taxation laws have lagged, especially with the rise of online platforms, mobile…
- NAIROBI, Kenya, Oct 2 – Back in 1997, when a group of ambitious entrepreneurs started a small hardware store in Kariobangi, Nairobi, they didn’t imagine that 27 years later that business would transition into a major producer of paint, supplying products countrywide. Then, the entrepreneurs would…
- NAIROBI, Kenya, Oct 2 – Former Pula Commercial Director Cedrick Todwell has been appointed as new Business Development Director for Turaco, effective October 1, 2024. Turaco is a Kenyan-based and Africa’s leading insurtech that provides affordable health and life micro-insurance across the African…
- NAIROBI, Kenya, Oct 1 – Kenya Airways (KQ) has opened a water bottling plant at the Jomo Kenyatta International Airport (Jkia) to cut costs, generate revenue, and reduce external supply shocks. The pyro-diesel and the water bottling plants, as well as the transformation of Msafiri House, were…
- NAIROBI, Kenya Oct 1- The Central Bank of Kenya (CBK) has announced the licensing of an additional 27 Digital Credit Providers (DCPs) in accordance with Section 59(2) of the CBK Act. According to CBK, This brings the number of licensed DCPs to 85 following the last licensing of 7 DCPs as announced…
- NAIROBI, Oct. 1 (Xinhua) — Kenya is reintroducing abandoned broad bean farming in a bid to boost food and nutritional security for communities and their livestock, senior officials said Thursday. Benson Muturi, a fodder crops researcher and livestock nutritionist at Kenya Agricultural and Livestock…
- HOUSTON, Oct. 1 (Xinhua) — About 45,000 port workers across the U.S. East and Gulf Coasts went on strike Tuesday as a midnight deadline for a new labor deal over wages and automation had passed. Labor negotiations stalled between the International Longshoremen’s Association (ILA) and the United…
- NAIROBI, Oct 1 (Xinhua) — Kenya unveiled a strategy plan on Monday that aims to lower the costs of remittances sent by its diaspora and increase the volume of money flowing back to the country. Prime Cabinet Secretary Musalia Mudavadi emphasized the crucial role that Kenyans abroad play in the…
- NAIROBI, Kenya, Oct 1 – Ndovu Wealth Limited has today officially launched its Money Market Fund (MMF) dubbed Ndovu Fund with the aim of providing investors with diversified and affordable investment options. The launch of this Fund further demonstrates Ndovu’s commitment to democratising…
- NAIROBI, Kenya, Oct 1 – Kenya has secured the rights to host the Africa Youth in Tourism Summit and Innovation Challenge for 2025, 2026, and 2027. This annual Pan-African event, previously held in Ghana and Namibia, is designed to empower African youth in tourism and entrepreneurship. The events…
- NAIROBI, Kenya, Oct 1 – Global technology company Epson has set up a new sales company to serve the Middle East, Turkey, Africa, and Central & West Asia (META-CWA) region. With its headquarters in Dubai, UAE, the new regional operations will be spearheaded by Epson, META-CWA, President Neil…
- NAIROBI, Kenya, Oct 1—Smartphone manufacturer Tecno Africa has launched its first-ever AI-powered ecosystem anchored on revolutionizing the continent’s tech landscape. According to Tecno, the move will have far-reaching effects on spurring creativity, connectivity, and personalization in the…
- NAIROBI, Kenya, Oct 1 -Absa Bank has bolstered its reach for its affluent segment through reorganized affluent banking division. The lender says the move is informed by addressing the evolving needs of modern consumers, especially within the affluent segment, through an expanded and tailored range…
- NAIROBI, Kenya, Oct 1 – Safaricom’s Mobile Money Platform, M-PESA has introduced M-PESA Ratiba, a first of its kind on mobile money feature that will allow users to set up standing orders directly from their M-PESA wallets, enabling seamless and automatic payments of recurring transactions and…
- WASHINGTON, Oct. 1 (Xinhua) — U.S. Federal Reserve (Fed) Chair Jerome Powell said Monday that if the economic data stays stable, future rate cuts are expected to be smaller than the half-percentage-point reduction in September. “Looking forward, if the economy evolves broadly as expected, policy…
- NAIROBI, Kenya, Oct 1 – The Kenya Electricity Transmission Company (KETRACO) has signed a contract with the Consortium of Grid Solution SAS to construct a new National System Control Centre (NSCC). In a statement, KETRACO said that the 81 million Euros (Sh11.6 billion) Centre, which will be…
- LONDON, Sept. 30 (Xinhua) — The gross domestic product (GDP) of the United Kingdom (UK) grew by 0.5 percent in the second quarter of 2024, revised down from an initial estimate increase of 0.6 percent, official data showed on Monday. Services output grew by 0.6 percent from April to June with…
- NAIROBI, Kenya, Sep 30 – The former National Assembly Speaker Francis Ole Kaparo has stressed the need for conservancies in the country to adopt mixed-use conservation approach. Mixed used conservation is an approach whereby a conservancy integrates wildlife conservation with other sustainable land…
- NAIROBI, Kenya, Sep 30 – The Safaricom Investment Co-operative has rebranded to SIC Investment Co-operative. The rebranding ceremony was graced by the Ministry of Co-operatives and Micro, Small & Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe Oparanya, alongside Principal…
- NAIROBI, Kenya, Sep 30 – Superior Homes Kenya has launched the first roadside truck complex ‘Supastop’ along the Nairobi- Mombasa road to provide a secure resting point for long-distance truck drivers. The launch was graced by Makueni County Deputy Governor Lucy Mulili, CECM Trade, Industry &…
- NAIROBI, Kenya, Sept 30 – Madison Life Assurance and HF Group have partnered to offer affordable financing opportunities for prospective homeowners. This collaboration which commences with their units in VillaKazi in Athi River provides financing options for individuals seeking to purchase plots…
- NAIROBI, Kenya, Sept 30 – Madison Life Assurance and HF Group have partnered to offer affordable financing opportunities for prospective homeowners. This collaboration which commences with their units in VillaKazi in Athi River provides financing options for individuals seeking to purchase plots…
- NAIROBI, Kenya, Sept 30 – Global cryptocurrency exchange Bitget has announced the opening of its new office in Kenya. According to the company, the move is part of its broader strategy to expand across the African market. It asserted that the launch underscored Bitget’s commitment to empowering…
- NAIROBI, Kenya, Sept 30 -Global cryptocurrency exchange Bitget has announced opening its offices in Kenya. According to the company, the move is part of its broader strategy to expand across the African market. It asserted that the launch underscored Bitget’s commitment to empowering users in Kenya…
- NAIROBI, Kenya, Sept 30 – Gen Zs are driving a shift toward two-way conversations with brands, with 65% of them favoring a more interactive communication style according to a new report by Infobip. The report dubbed “The Generational Messaging Trends” reveals that 83 percent of younger shoppers…
- Nairobi, Kenya, Sept 30-Centum Real Estate has handed over its sold-out apartments to buyers of the second phase of the Loft Residences, located within the Two Rivers commercial and residential complex in Nairobi. The company says the handover marks another milestone for Centum Re, which has…
- SEOUL, Sept. 30 (Xinhua) — South Korea’s corporate labor cost growth slowed last year due to bonus cutback, labor ministry data showed Monday. The per-capita monthly average labor cost in businesses with more than 10 regular employees increased 1.9 percent over the year to 6,131,000 won (4,700 U.S…
- NAIROBI, Kenya, Sep 30 – Mutual’s African Infrastructure Investment Managers (AIIM) is seeking a controlling interest in Bulkstream Limited (Grain Bulk Handlers Ltd). Bulkstream Limited is a provider of cargo handling, terminal operation, and logistics services in respect of bulk commodities to…
- NAIROBI, Kenya, Sep 30 – Environment Cabinet Secretary, Aden Duale, is proposing an eco tax on imported finished products. In a notice, Duale says that the revenue will be used to mitigate the financial burden posed by environmental pollution and a lack of sustainable waste management systems. If…
- SEP 29 – Michael Fortin was at the heart of Hollywood’s golden age of streaming. The actor and aerial cinematographer turned his hobby of flying drones into a profitable business in 2012 just as the streaming wars were taking off. For a decade, he was flying high above film sets, creating sleek…
- CHANGSHA, Sept. 29 (Xinhua) — A batch of Kenyan dried sea cucumbers, weighing 300 kg, were transported to Changsha Huanghua International Airport in central China’s Hunan Province, marking the first time that China has imported such products from Kenya. Sea cucumber, known for being high in protein…
- NAIROBI, Kenya Sep 28 – Smart Applications International, a healthcare ICT solutions provider, has highlighted the need for healthcare players to adopt digital health solutions, which provide the necessary foundation for the fulfilment of universal healthcare. The tech platform, which recently…
- SEP 28 – Microsoft says it has “listened to feedback” following a privacy row over a new tool which takes regular screenshots of users’ activity. It was labelled a potential “privacy nightmare” by critics when it was unveiled in May 2024 – prompting the tech giant to postpone its release. It now…
- NAIROBI, Kenya Sep 28 – The Senate Finance Committee has been urged to specify precisely what actions should be taken by the Central Bank of Kenya (CBK) in maintaining banking hygiene in cases involving deceased persons. Nominated Senator Miraj Abdullahi said the majority of Kenyans endure needless…
- WELLINGTON, Sept. 28 (Xinhua) — The New Zealand government has started to support the mental health of business owners as they battle challenging economic conditions. A memorandum of understanding has been entered between the government and the Auckland Business Chamber to ensure that mental health…
- NAIROBI, Sept. 28 (Xinhua) — The Government yesterday launched nine regional tourism circuits as part of a market diversification strategy aimed at attracting both foreign and domestic tourists. Cabinet Secretary for Tourism and Wildlife Rebecca Miano announced that these circuits, spread across…
- SEP 27 – Ghana is leveraging Nairobi as a strategic hub to expand exports throughout East Africa, including Rwanda, Tanzania, and Uganda. The Ghana Trade House, established by the Ghana Export Promotion Authority (GEPA) in collaboration with the Association of Ghana Industries (AGI), plays a…
- NAIROBI, Kenya, Sep, 27 – Meru University of Science and Technology has been issued with a 7-day ultimatum to seek approval and accreditation to offer three engineering courses from the Engineers Board of Kenya. This is after former students enrolled in the university threatened to take legal…
- NAIROBI, Kenya, Sep 27 – Rwanda and Kenya are leading the region with banking sectors generating returns on assets (ROA) exceeding 20 percent, reinforcing their appeal as investment destinations. Central Bank of Rwanda Governor John Rwangombwa revealed this during the Monetary Policy and Financial…
- NAIROBI, Kenya, Sep 27 – Climate Resilient Agribusiness for Tomorrow (CRAFT) project has bolstered its reach in Kenya through a training targeting smallholder farmers. Since its launch in 2018, CRAFT has promoted climate-smart agriculture (CSA) techniques, aiding over 266,992 farmers across Kenya,…
- NAIROBI, Kenya, Sep 27 – Infinix has launched its latest smartphone, the HOT 50i, targeting the young, tech-savvy consumer. This release is part of its HOT 50 series and boasts an ultra-oval dual-rear-camera design. Its Brand Manager Michael Zeng underscored that the new series reasonates with the…
- Nairobi, Kenya, Sep 27 – The Ministry of Interior has entered into a Memorandum of Understanding (MoU) with the Ministry of Tourism to enhance tourists’ security. The agreement was signed by Interior Cabinet Secretary Kithure Kindiki and her tourism docket counterpart Rebecca Miano. Interior CS…
- Nairobi, Kenya, Sep 27 – European aluminium metalwork producer Euroform has launched its operations in Tatu City, Kiambu County, with a new workshop. Amit Joshi, Senior Project Manager at Tatu City, said that the facility will churn out EU-standard products and services for its clients, including…
- SEP 27 – Jomo Kenyatta University of Agriculture and Technology (JKUAT) has produced a winner in Bayer East Africa’s Safe Use Ambassador program (SUA) competition programme. The Bayer Safe Use Ambassador initiative, launched in 2023, has been rolled out in collaboration with select key universities…
