- NAIROBI, Kenya, April 4 – Kenya will leverage local cooperative networks to market the country as a producer and exporter of superfoods such as avocados, macadamia nuts, and blueberries. Co-operatives and Micro, Small, and Medium Enterprises Cabinet Secretary Simon Chelugui said that the initiative…
- NAIROBI, Kenya, April 4 – Xiaomi today introduced Redmi A3 smartphones in Kenya’s market, adding to the list of Redmi’s entry-level smartphones. The new phone features a new stylish design, an AI dual camera, and a and a large display, among others. Under bright light, the back panel of the…
- NAIROBI, Kenya, April 4 – With the lapse of the deadline for signing up to the Electronic Tax Invoice Management System (eTIMS), the Kenyan business world has moved to implementing the new model which heralds a profound transformation in tax compliance in the country. As is common with major…
- NAIROBI, Kenya, April 4 – Cross-border money transfer partners LemFi in partnership with Wapi Pay have received a nod from the Central Bank of Kenya (CBK) to operate remittance services in Kenya. Lemfi, which operates as RightCard, says that the move underscores its commitment to providing secure…
- NAIROBI, Kenya, April 4 – Cross-border money transfer partners Lemfi and Wapi Pay have received a nod from the Central Bank of Kenya (CBK) to operate remittance services in Kenya. Lemfi, which operates as RightCard, says that the move underscores its commitment to providing secure and efficient…
- NAIROBI, Kenya, April 4 – President William Ruto has appealed to African investors and businesspeople to take advantage of the Africa Continental Free Trade Area (AfCFTA) agreement. He pointed out that the AfCFTA eliminates barriers to trade, fosters economic growth and promotes opportunities to…
- SEOUL, April 4 (Xinhua) — Four foreign carmakers in South Korea will voluntarily recall some 50,700 vehicles for manufacturing defects, the transport ministry said Thursday. Mercedes-Benz Korea will recall 27,406 units of eight different models, including E 350 4MATIC, for defective battery bolts,…
- NAIROBI, April 3 (Xinhua) — Kenya on Wednesday launched the 2024 Manufacturing Priority Agenda that seeks to boost the country’s industrialization drive. Juma Mukhwana, principal secretary in the Ministry of Investments, Trade and Industry, told journalists in Nairobi, the capital of Kenya, that…
- NAIROBI, Kenya, April 3 – The Central Bank of Kenya’s (CBK’s) base rate will for the next one month remain at 13 percent amid a slowdown in inflation as well as the strengthening of the local currency against major global currencies such as the dollar. In a statement, CBK’s Monetary Policy…
- ANKARA, April 3 (Xinhua) — Türkiye’s annual inflation rate hit 68.5 percent in March, up from 67.1 percent in February, official data showed Wednesday. Consumer prices registered a monthly increase of 3.16 percent, with education, communication, and the combined sector of hotels, restaurants, and…
- ACCRA, Ghana, April 3 – Kenya and Ghana have signed seven agreements aimed at enhancing bilateral relations between the two countries. President William Ruto said the MoUs, including some signed by business associations from Kenya and Ghana, are aimed at facilitating trade and investment between…
- NAIROBI, Kenya, April 3 – Kaiho East Africa Limited on Wednesday opened its first auction store for automotive parts and components in Kenya. President of Kaiho Industry Limited, Kondo Takayuki, said that the new outlet will remove the need for Kenyans to travel to countries such as Dubai and Japan…
- NAIROBI, Kenya, April 3 – Healthcare is one of the biggest challenges facing Africa today, with research showing that as many as half of all Africans lack access to quality healthcare. Even when healthcare is available, accessing it can be a massive challenge. Kenya is no exception to this set of…
- NAIROBI, Kenya, April 3 – Geothermal Development Company (GDC) has reached a deal with PT Pertamina Geothermal Energy Tbk (PGE) to develop two geothermal fields in Kenya. The agreement also involves Africa Geothermal International Ltd. (AGIL) and is expected to commence this year. GDC and PGE,…
- DHAKA, April 3 (Xinhua) — Nearly 1 million Bangladeshi people are projected to join the ranks of the moderately poor, who earn less than 3.65 U.S. dollars a day in purchasing power parity (PPP), said the World Bank in its Poverty Macro Update on Bangladesh. Released as part of the South Asia…
- NAIROBI, Kenya, April 3 – Google Cloud has picked Noor Al-Sulaiti as the Head of Security Business Development and Government Relations for the Middle East, Turkey, and Africa region (META). Al-Sulaiti has a wealth of experience in the telecommunications and technology sectors. In this position,…
- ATHENS, April 3 (Xinhua) — Greece’s parliament approved a draft bill on Tuesday introducing stricter regulations for the Golden Visa program, which grants five-year residence permits to non-European Union (EU) nationals investing in real estate. The government aims to reduce property prices to make…
- NAIROBI, Kenya, April 3 – Kenya’s procurement regulations favor local firms and goods, hindering foreign companies’ participation, the Office of the United States Trade Representative (USTR), a body of the US federal government that promotes and develops American trade policies, has revealed.…
- NAIROBI, Kenya, April 3 – Kenyan-based electric mobility company Roam has joined hands with MOGO, an asset financier, to accelerate the adoption of electric motorcycles in East Africa. The deal will allow individuals to acquire clean motorbikes, helping riders earn 30 percent. “We’re thrilled to…
- HANOI, April 3 (Xinhua) — Vietnam has received a 51.5 million U.S. dollar payment from the World Bank for verified emissions reductions, commonly referred to as carbon credits, for reducing 10.3 million tons of CO2 in the 2018-2024 period, local media reported Wednesday, citing the Ministry of…
- NAIROBI, April 2 (Xinhua) — Kenya’s Nairobi Securities Exchange (NSE) said Tuesday it has made it easy for institutional investors to repatriate capital from the country. The NSE said that it has cleared reported delays in its ability to facilitate the investors to repatriate capital from Kenya,…
- By Helen Clark and Martin Chungong NAIROBI, Kenya, April 3 – As the world’s leading alliance committed to the health and well-being of women, children and adolescents, including the most vulnerable, the Partnership for Maternal, Newborn and Child Health (PMNCH) expresses profound concern over the…
- NAIROBI, Kenya, April 3 – Dale Carnegie Kenya, in partnership with The Mauritius Institute of Directors and Dale Carnegie Mauritius, has launched the Women Leadership Academy in Kenya. The program aims to empower women with the necessary tools and support to excel as leaders and drive positive…
- SEOUL, April 3 (Xinhua) — South Korea’s imported car sales rebounded in March due to higher demand for foreign luxury vehicles, industry data showed Wednesday. The number of imported vehicles sold here was 25,263 in March, up 6.0 percent from a year ago, according to the Korea Automobile Importers…
- NAIROBI, April 2 (Xinhua) — Immigration experts began a three-day meeting in Nairobi, the capital of Kenya, Tuesday to enhance cooperation in border management in Africa. The National Border Management Conference, which was held under the theme of “building on coordination and moving towards…
- NAIROBI, April 2 (Xinhua) — The Kenyan shilling gained 16 percent in the first quarter of 2024 to stand at a new high of 131.8 to the U.S. dollar at the end of March, the Central Bank of Kenya said Tuesday. The apex noted that the currency gained from 157 at the beginning of January, […]
- NAIROBI, Kenya, April 2 – Kenya Wildlife Service (KWS) is seeking interested and eligible investors for the leasing, development, and management of tourism sites within selected KWS-managed national parks. The sites are distributed in various national parks, such as Amboseli, Nairobi, Meru,…
- NAIROBI, Kenya, April 2 – The Communications Authority of Kenya (CA) has revised the Programming Code to include content requirements for both free-to-air and subscription service providers. The Code applies to all broadcasting licenses and aims to uphold information dissemination standards in…
- COLOMBO, April 2 (Xinhua) — Sri Lanka’s economy is projected to see moderate growth of 2.2 percent in 2024, showing signs of stabilization, following the severe economic downturn in 2022, the World Bank in its attest bi-annual update said on Tuesday. According to the update, the country still faces…
- NAIROBI, Kenya, April 2 – The Competition Authority of Kenya (CAK) has upgraded its e-procurement portal in a bid to improve efficiency, accountability, and the user experience with suppliers. CAK writes in its latest Report and Financial Statements for the financial year ended June 30, 2023, that…
- LOS ANGELES, April 1 (Xinhua) — U.S. private space company SpaceX launched 22 more Starlink satellites into orbit on Monday. The satellites were launched aboard a Falcon 9 rocket at 7:30 p.m. Pacific Time (0230 GMT Tuesday) Monday from Vandenberg Space Force Base in California, according to SpaceX…
- NAIROBI Kenya, Apr 2 – Salaries and Remunerations Commission (SRC) chairperson Lyn Mengich has blamed duplication of roles in the government for the country’s high wage bill. Speaking on Tuesday in an interview with Spice FM, Mengich agreed that there is a need to address the overlap of roles in…
- By Faith Muriungi NAIROBI, Kenya, April 2 – As we prepare for the Easter holidays, many of us are anticipating the joy of travelling upcountry to reunite with loved ones or planning to discover new destinations, whether it is Maasai Mara, Zanzibar or Dubai, we are eager to create treasured memories…
- KISUMU, Kenya, April 2 – Striking doctors in the Nyanza region have told the Council of Governors (CoG) chairperson Ann Waiguru to keep off their affairs and stop issuing threats to them. The Kenya Medical Practitioners, Pharmacists and Dentists Union (KMPDU) Western branch secretary Dr Sande Charo…
- NAIROBI, Kenya, April 2 – Lyn Mengich, the chairperson of the Salaries and Remunerations Committee (SRC), has voiced concerns over proposed reductions in the retirement age, citing potential strains on the nation’s pension system and the loss of valuable experienced workers from the labour force.…
- WELLINGTON, April 2 (Xinhua) — New Zealand’s largest red meat exporter Silver Fern Farms released its 2023 annual results on Tuesday, which reflected a year of challenging market conditions impacting the whole supply chain. “Depressed consumer confidence across our key markets has put pressure on…
- NAIROBI, Kenya, April 2 – The Competition Authority of Kenya (CAK) has said that it is committed to fostering efficient markets and protecting consumers from unfair practices. CAK initiatives, as outlined in the annual report and financial statements for the financial year ended June 30, 2023,…
- By Precious Schulte to Brinke NAIROBI, Kenya, April 2 – “What support do you need?” Five simple yet critical words posed to me two weeks into navigating a new job and trying to write my MBA research paper due in four weeks. I did not think I would make the due date at the time. […]
- By Arnold Ochieng NAIROBI, Kenya, April 2 – As we find ourselves at the threshold of a new era in human resources, it’s crucial to acknowledge the significant changes reshaping the workforce landscape. Technology advancement, a strong commitment to diversity, and talent trends coming together in…
- NAIROBI, Kenya, April 2 – Kenya Commercial Bank (KCB) set aside Sh1 million for waste management during the just concluded World Rally Championships (WRC) in Kedong, Nakuru County. The lender says the move was anchored on its commitment to ensuring environmental sustainability. Its CEO, Paul Russo…
- TOKYO, April 2 (Xinhua) — Bullet train services were suspended in parts of eastern Japan on Tuesday, affected by a breakdown of a construction vehicle, their operator said. East Japan Railway Company, or JR East, said operations between Tokyo and Sendai stations on the Tohoku Shinkansen line were…
- NAIROBI, Kenya, April 2 – Over 400,000 Kenyans have as of March 26 last month benefited from the Kenya Revenue Authority’s (KRA’s) Tax Amnesty Programme. The Authority noted that the waiver is only applicable to taxpayers with penalties and interest with no principal taxes owing and those with…
- SYDNEY, April 2 (Xinhua) — Australia’s southeastern state New South Wales (NSW) said Tuesday that it is testing technology that harnesses artificial intelligence (AI) and the mobile phone network to predict the possible impacts of flooding. The NSW State Emergency Service has partnered with…
- NAIROBI, Kenya, April 2 – Across the globe, the narrative of women’s financial dependency on male relatives, be it fathers, brothers, or husbands, has historically constrained their autonomy. Thisdependency has not only limited women’s ability to shape their own destinies but also stifled their…
- NEW DELHI, April 1 (Xinhua) — India’s defense exports reached an all-time high of 2.63 billion U.S. dollars during the financial year 2023-24 running from April 2023 to the end of March 2024, announced the federal government on Monday. The figure registered a 32.5 percent growth over the last…
- NAIROBI, Kenya, April 1 – 1,800 Kenyans are set to benefit from employment opportunities after Fullcare Medical, a medical garment production company, began operations in Tatu City, Kiambu County. The firm also plans to absorb an additional 7,000 Kenyans into its workforce subsequently. Its founder…
- DHAKA, March 31 (Xinhua) — A Bangladeshi minister on Sunday said that the country would temporarily suspend services Facebook and YouTube if they don’t obey government instructions to control “disinformation.” The country’s Liberation War Affairs Minister and Chairman of Cabinet Committee on Law…
- NAIROBI, Kenya, April 1 – National Treasury has directed state corporations to re-submit their 2024–2025 recurrent expenditure budget, which has been rationalized to a level that is not more than 70 percent of the approved 2023–2024 budget. Treasury Cabinet Secretary Njuguna Ndung’u stated that…
- LOS ANGELES, March 30 (Xinhua) — U.S. private space company SpaceX launched 23 more Starlink satellites into orbit on Saturday. The satellites were launched aboard a Falcon 9 rocket from the Cape Canaveral Space Force Station in the U.S. state of Florida at 9:30 p.m. Eastern Time Saturday (0130 GMT…
- NAIROBI, Kenya, Mar 31 – Pan-African housing financier Shelter Afrique Development Bank (ShafDB) Managing Director Habib Hann has presented his credentials to Prime Cabinet Secretary Musalia Mudavadi to enhance its collaboration with the government in addressing challenges facing affordable housing…