- ISLAMABAD, Dec. 2 (Xinhua) — Pakistan’s inflation increased to 29.2 percent year on year in November, the Pakistan Bureau of Statistics (PBS) said. On a month-on-month basis, the inflation increased to 2.7 percent in November as compared to an increase of 1.0 percent in the previous month, the PBS…
- NAIROBI, Nov. 28 (Xinhua) — Kenyan President William Ruto on Monday launched a ten-year plan to spur the growth of the digital economy through investing in a robust innovation ecosystem, training, mentorship, and market linkages. Launched on the sidelines of the third edition of Kenya Innovation…
- NAIROBI, Kenya, Dec 2 – Software solutions provider Robisearch Limited has been recognised as a leader in the creation of digital solutions that help businesses streamline work processes. During the KEOnline Digitally Fit awards held on 24th November at the Safari Park hotel in Nairobi, the firm…
- NAIROBI, Kenya, Dec 1 – Despite the challenges posed by the climate crisis, Africa holds tremendous potential to become the world’s breadbasket. The opportunities and challenges facing Africa’s food systems are immense. The continent possesses 60 percent of the world’s unused arable land and has…
- Co-authored by Agnes Kalibata (AGRA, President) & Amath Pathe SENE (AFS Forum, MD) NAIROBI, Kenya, Dec 1 – the world convenes in Dubai for COP28, developing countries will be looking out for opportunities to massively scale up action against the “loss and damage” arising from climate change.…
- YAOUNDE, Dec. 1 (Xinhua) — Cameroon aims for an economic growth of 4.5 percent in 2024, up from the 3.9 percent forecast in 2023, Prime Minister Joseph Dion Ngute has said. Delivering the government’s 2024 program to the National Assembly late Thursday, Ngute acknowledged that the macroeconomic…
- NAIROBI, Kenya, Dec 1 – New Faces New Voices (NFNV) Kenya has partnered with Kayana, a community of female entrepreneurs, to support women-led small businesses financially. They aim to achieve this by using insurance products for risk mitigation, which will enable them to survive business shocks…
- NAIROBI, Kenya, Dec 1 – More than 63 percent of Kenyans rely on the Internet and technology for their savings and investment needs. This is according to a new study by Enwealth Financial Services that highlights a shift in the financial habits of Kenyans, showcasing the impact of technology on the…
- NAIROBI, Kenya, Dec 1 – Courier service provider Glovo has registered a 52 percent increase in partners on the app, with 75 percent being small and medium enterprises (SMEs). It has also recorded a 24 percent rise in total orders delivered as compared to last year. Ivy Maingi, Interim General…
- NAIROBI, Kenya, Dec 1 – Kenya’s inflation eased slightly to 6.8 percent year-on-year in November from 6.9 percent a month earlier. In a statement to newsrooms, KNBS Director General Macdonald Obudho says on a month-on-month basis inflation was 0.2 percent, compared to 1 percent in October. KNBS…
- LONDON, UK, Dec 1 – Kenya Commercial Bank (KCB) Group has been named Best Banks of the Year during a gala dinner yesterday by the Banker Magazine in the United Kingdom. The lender was also declared the world’s 6th strongest banking brand with a Brand Strength Index (BSI) score of 90.4 out of 100…
- MOMBASA, Kenya, Dec 1 – The Kenya Private Sector Alliance (KEPSA) has continued to champion inclusive economic growth through the support and recognition of social enterprises in Mombasa. KEPSA says Mombasa presents a unique opportunity to develop a symbiotic ecosystem that benefits both the start-…
- Meru, Kenya, Dec 1 – Java House has launched its first branch in Meru County signaling its ambitious expansion plan in the country. The new branch located in Meru’s Greenwood City Mall marks Java’s 86th branch in the country. The hospitality company says the expansion plan is underpinned with its…
- Meru, Kenya, Dec 1 – Java House has opened its first branch in Meru County, signaling its ambitious expansion plan across the country. The new branch m, located in Meru’s Greenwood City Mall, is Java’s 86th branch nationwide. Java House CEO Priscilla Gathungu stated that the Meru expansion is part…
- LOS ANGELES, Nov. 30 (Xinhua) — A Montana judge ruled on Thursday to block the state’s ban on TikTok from going into effect, marking a win for the popular video streaming app. U.S. District Judge Donald Molloy, who heard lawsuits filed by TikTok and five Montana content creators against the state’s…
- NAIROBI, Kenya, Dec 1 – Kenya Electricity Generating Company PLC (KenGen) has approved a dividend payout of Sh2 billion for the year ending 2023. The payout marks the first and the final dividend payouts of Sh0.3 a share, adding up to the Sh2 billion of the utility firm. It marks one of the highest…
- NAIROBI, Kenya Dec 1 – Kenya Breweries Limited (KBL) has unveiled a new microbrewery production plant with a new cider innovation brand. The Sh1.2 billion microbrewery plant, located next to its main plant in Ruaraka, targets to explore new innovations and experimentation to meet consumers’…
- NAIROBI, Kenya Dec 1 – Kenya Breweries Limited (KBL) has unveiled a new microbrewery production plant with a new cider innovation brand. The Sh1.2 billion microbrewery plant, located next to its main plant in Ruaraka, targets to explore new innovations and experimentation to meet consumers’…
- KUALA LUMPUR, Nov. 30 (Xinhua) — Malaysia’s lower house of parliament passed an anti-smoking bill aimed at protecting minors from nicotine-containing products including vaping devices on Thursday. Tabled by Health Minister Zaliha Mustafa, the bill includes the provision prohibiting the sale and…
- NAIROBI, Kenya, Nov 30 – The Hustler Fund has effectively fulfilled its primary objective by ensuring Kenyans have access to affordable credit. One year later, the fund has disbursed KSh39.7 billion to 21.8 million people and mobilised KSh2 billion in savings. Total repayments stand at KShs 28.75…
- NAIROBI, Kenya Nov 30 – Bamburi Cement Plc is embarking on the construction of two solar photovoltaic (PV) power plants, marking a significant stride in the company’s efforts towards decarbonization. Once completed, this initiative is poised to contribute up to 30% of Bamburi Cement’s total power…
- MURANGA, Kenya, Nov 30 – The Kenya Copyright Board (KECOBO) has promised to ensure the three bodies that collect royalties on behalf of artists are merged for efficiency and proper management of the sector. KECOBO Chairman Joshua Kutuny has observed having one Collective Management Organizations (…
- NAIROBI, Kenya, Nov 30 – Infobip, a global cloud communications platform, has urged businesses to leverage communication channels strategically to optimize customer interactions and boost sales during the festive season. In today’s digital age, customer satisfaction hinges on the quality of…
- By Dr Winnie Akoth NAIROBI, Kenya, Nov 30 – The shadow of self-inflicted antimicrobial resistance looms large in the healthcare sphere, which is marked by many illnesses caused by factors outside of human control, such as genetics and environmental issues. It represents a complex challenge that, if…
- By Margaret Mathore NAIROBI, Kenya, Nov 30 – As Kenya mulls increasing the bar for local programming content quota from the current 40% to 60%, greater focus should turn to supporting the growth of the local independent movie industry and its pool of filmmakers. This will go a long way in helping…
- NAIROBI, Kenya, Nov 30 – Online payment platform SasaPay has introduced a new solution that will see business owners refund fees applied to transactions. It will eradicate cash collection fees for merchants as well as allow small and medium businesses (SMEs) to earn daily prorated cashback at the…
- NAIROBI, Kenya, Nov 30 – Premier bank has opened up its branch in Nairobi’s Eastleight area in a bid to scale up its presence in the country. The new branch located in Baraka Baazar becomes the 19th of its branches in the country. Speaking during the launch, Premier Chief Executive Officer Osman…
- NAIROBI, Kenya, Nov 30 – Kenyan organizations have been urged to integrate emerging technologies like artificial intelligence (AI) into their daily operations to improve employee productivity, streamline processes, and mitigate escalating cyber threats. During a Cybersecurity with AI conference in…
- NAIROBI, Kenya, Nov 29 – Twiga Foods has successfully secured an undisclosed amount of funds from its investors, including Creadev and Juven to support its growth plans. Hein Pretorius, Twiga’s Chairman said the move is aimed at repositioning and fine-tuning operating processes as well enabling…
- NEW DELHI, Nov. 29 (Xinhua) — The Indian government on Wednesday announced the extension of its food security scheme for five years with effect from January 2024. The prime minister poor welfare food grains scheme benefits nearly 813.5 million beneficiaries, costing the exchequer nearly 11.80…
- NAIROBI, Kenya, Nov 29 – Kenya Airways (KQ) is set to resume direct flights to Mogadishu from Nairobi. The flights will start from February 14, 2024, after they were suspended in 2022 due to the Covid-+9 pandemic. In a statement, the National carrier said that it will begin with three weekly…
- NAIROBI, Kenya, Nov 29 – Kenya Airways (KQ) is set to resume direct flights to Mogadishu from Nairobi. The flights will start from February 14, 2024, after they were suspended in 2022 due to the Covid-+9 pandemic. In a statement, the National carrier said that it will begin with three weekly…
- NAIROBI, Kenya Nov 29 – A Kenyan international business executive, Mr John Musunga, has been appointed to head Diageo Africa’s newly formed South, West and Central Africa (SWC) market. As part of a new operating model adopted by Diageo Africa, Mr Musunga, who has been heading the firm’s Nigeria…
- PARIS, Nov. 29 (Xinhua) — The global economy is expected to slow down slightly next year as a result of tightening monetary policies, weak trade and lower business and consumer confidence, the Organization for Economic Cooperation and Development (OECD) said Wednesday. Its latest economic outlook…
- NAIROBI, Kenya Nov 29- Nicanor Sabula has been re-appointed as the new Chief Executive Officer (CEO) of Kenya Association of Travel Agents (KATA) after exiting the association in 2020. Sabula, who previously served as CEO from 2015 to 2019, takes over from Agnes Mucuha. With vast leadership in…
- NAIROBI, Kenya, Nov 29 – Cabinet Secretary for cooperatives and macro small and medium development Simon Chelugui has challenged Sacco cooperatives across the country to embrace innovations and technology to help increase their accessibility and visibility. Chelugui said harnessing the power of…
- The strategic move is in line with the bank's commitment to extending its services to emerging economic hubs and further strengthening its presence across the country.
- Speaking at the event key speaker Executive Director at Equity Group Holdings Mary Wamae said the financial sector is well positioned to support sustainable ideas that will especially address problems of the future.
- NAIROBI, Kenya, Nov 29 – Virto, the London-based fintech that empower startups and small businesses, has announced a partnership with UBA Bank to usher in a new era of financial innovation in East Africa, starting with Kenya. Verto’s suite of cutting-edge products, spanning foreign bank accounts,…
- NAIROBI, Kenya, Nov 29 – Sameer Africa has begun the construction of a Sh260 million warehouse in its complex. The company says the construction is in line with its expansion strategy. Sameer Managing Director John Mugo adds that the opening of the new facility comes at a time when demand for…
- CANBERRA, Nov. 29 (Xinhua) — Australia’s rate of inflation has fallen to its equal-lowest level in over 18 months, official data has shown. According to figures published by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI) rose by 4.9 percent in the 12 months…
- NAIROBI, Kenya, Nov 29 – A Chinese supplier of fiber optic products, FiberHome Technologies, has entered into an agreement with CP Cables (Kenya) to sell affordable fiber optic products in Kenya and Uganda. Only 9.8 million Kenyans living in urban and semi-urban areas have access to broadband…
- Through the AFYA MASHINANI initiative, Jubilee Health Insurance conducted a comprehensive campaign to address pressing healthcare needs while empowering communities through education, outreach and quality medical services at no cost with over 10,000 number of people were impacted through this…
- MOMBASA, Kenya, Nov 27- PrideInn Hotels, Resorts, and Camps has introduced a new brand identity to align with its revised strategic direction for the future. The rebranding includes changes in product offering and overall brand perception. With this, the company is shedding off its budget branding…
- NAIROBI, Kenya, Nov 28 – Kenya Revenue Authority (KRA) now says all its VAT returns will be pre-filled, marking a complete departure from the usual way of filing VAT returns. In a public notice shared on the authority’s official X app account, KRA says the move has been informed by their desire to…
- NAIROBI, Kenya, Nov 28 -The Government of Kenya has acceded to the request of India Exim Bank to locate its East Africa Representative Office in Nairobi. According to Prime Cabinet secretary Musalia Mudavadi, India Exim Bank has previously provided financial support to Kenya with respect to…
- SACRAMENTO, the United States, Nov. 28 (Xinhua) — Amid the debate on how school shooters obtain their firearms in the United States, a new study revealed that most of the weapons were stolen from family members or relatives. The study, published Monday in the journal JAMA Pediatrics, analyzed 253…
- NAIROBI, Kenya, Nov 28 – Talent-matching platform BrighterMonday has been crowned the Best Job Search and Recruitment App at the 3rd Annual Mobile App Award. Rigorous judging criteria, encompassing UI design, animations, content creativity, onboarding experience, and overall user satisfaction,…
- NAIROBI, Kenya, Nov 28 – Cabinet has directed the Energy Ministry to boost maximum power production as well as passing lower tariffs benefit to users signaling low power bills soon. In an address to the media statehouse spokesperson Hussein Mohamed has revealed that the resolutions are anchored on…
- NAIROBI, Kenya, Nov 28 – In recent years, Kenya has witnessed a notable surge in online Forex trading, marking a paradigm shift in the country’s financial landscape. This surge is not only transforming the way individuals invest but is also playing a pivotal role in contributing to Kenya’s economic…