- NAIROBI, Kenya, July 2 – A new study by researchers from Harvard Business School, the University of California, Berkeley, and partner institutions has found that mobile phone data can play a significant role in expanding access to credit and improving financial well-being in Kenya. The research,…
- By Titus Gachuhi JULY 2 – At the recent Visa Payment Forum CEMEA, thought leaders, innovators, and partners from across Central and Eastern Europe, the Middle East, and Africa convened to explore the forces reshaping how people and businesses transact. From cutting-edge technologies to inclusive…
- JULY 2 – It has been a good year for gold. A host of turbulent events in the global economy has driven up prices for the glittery commodity to record highs in 2025. In a world of tariffs and international conflict, gold appeals to investors as one of the few remaining stable assets. Everyone wants…
- NAIROBI, Kenya, July 2 – Kenya has emerged as the leading destination for international development aid in East Africa, according to a new report by PwC, underscoring its strategic importance amid shifting global priorities and tighter funding conditions. The International Development Sector…
- NAIROBI, Kenya, July 2 – President William has rang the symbolic opening bell at the London Stock Exchange (LSE), championing deeper investment ties between the United Kingdom and Africa as part of an ongoing Africa-focused investment forum. The head of state took the moment to call for expanded…
- JULY 2 – US President Donald Trump has threatened to impose a “30% or 35%” tariff on Japan if a deal between the two countries is not reached before a deadline next week. That would be well above the 24% tariff Japan was hit with as part of Trump’s so-called “Liberation Day” on 2 April, […]
- NAIROBI, Kenya, July 2 – Online marketplace Jiji has been recognized as the Best Online Car Marketplace at the 7th Annual Kenya E-Commerce Awards held in Nairobi. The accolade highlights the growing shift among Kenyan consumers toward digital platforms for high-value transactions, including…
- NAIROBI, Kenya, July 2 – Qatar has increased the number of daily flights between Doha and Nairobi to three as the airline seeks to grow the passenger numbers on the route. This was announced during the signing of a codeshare agreement between Kenya Airways and Qatar Airways in the Middle East…
- NAIROBI, Kenya, July 1 — Kenya is set to become a member of the European Bank for Reconstruction and Development (EBRD) following unanimous approval by the National Assembly, marking a significant step in the country’s push for enhanced infrastructure development and economic growth. The…
- JULY 2 – Elon Musk has appointed a product developer responsible for several successful youth-focused social media apps to a senior role at X. Nikita Bier has been made X’s head of product three years after publicly suggesting on the platform – then known as Twitter – that it should employ him. “I’…
- NAIROBI, Kenya, July 2 — Text Book Centre (TBC) has launched a nationwide education campaign dubbed “60 Schools in 60 Days”, aimed at supporting under-resourced schools with books and learning materials as part of its 60th anniversary. The initiative will benefit 60 schools across the country, with…
- NAIROBI, Kenya, July 1 – Jubilee Allianz General Insurance (Kenya) Limited has received a capital injection of Sh2.75 billion from its shareholders, enabling the insurer to meet the Insurance Regulatory Authority’s (IRA) capital adequacy requirements. The fresh capital now places the company…
- BERLIN, July 1 (Xinhua) — Germany’s unemployment rate remained unchanged at 6.2 percent in June, the Federal Employment Agency reported Tuesday. A total of 2.914 million people were registered as unemployed during the month, a decrease of 5,000 compared to May. Despite the slight month-on-month…
- NAIROBI, Kenya, July 2 – The New Kenya Cooperative Creameries (New KCC) has reopened the search for a new Managing Director, marking the second attempt to fill the top post following the expiry of Nixon Sigey’s extended term. In a public notice, the New KCC board invited qualified candidates to…
- JULY 1 – Is the “big, beautiful” India-US trade deal slipping out of reach? With just days to go before a 9 July deadline set by US President Donald Trump’s administration, hopes of clinching an interim trade pact between Delhi and Washington remain alive but increasingly entangled in hard…
- NAIROBI, Kenya, July 1 – Just off Nairobi’s busy Mombasa Road, beside the untamed beauty of Nairobi National Park, a quiet revolution is gaining momentum — one that is steadily transforming urban transport across Africa. Inside the Roam assembly plant, over 300 workers are busy assembling electric…
- NAIROBI, Kenya, July 1 – A new chapter in Kenya’s entrepreneurial story was written this week as the Tony Elumelu Foundation (TEF), in partnership with UBA Kenya, convened a high-level mixer bringing together entrepreneurs, mentors, and ecosystem players at UBA House in Nairobi’s Westlands.…
- JULY 1 – Police in Singapore can now seize control of a person’s bank account and block money transfers if they suspect the person is being scammed, under a new law that kicked in on Tuesday. The move is aimed at addressing a common issue faced by the police where victims often refuse to believe […]
- NAIROBI, Kenya Jul 1 – BAT Kenya reported a 54 percent reduction in Scope 1 and 2 emissions in 2024, surpassing its 2030 target to reduce these emissions by 50 percent, according to its Sustainability Report that was launched recently during the company’s 73rd Annual General Meeting). This…
- NAIROBI, Kenya, July 1 – The Kenya Bureau of Standards (KEBS) has warned the public and business community over a wave of fraudulent activities carried out by individuals posing as KEBS officials. The bureau in a public notice asserted that the imposters, allegedly working for a private firm named…
- ADDIS ABABA, July 1 (Xinhua) — The African Single Electricity Market (AfSEM), a continental energy trading program that aims to interconnect all 55 African Union (AU) members through an efficient and affordable electricity market, is well in progress, AU officials have said. The remarks were made…
- NAIROBI, Kenya, July 1, 2025 — A legal dispute has erupted in a high-stakes pension appeal involving over 600 former employees challenging the Retirement Benefits Authority (RBA), after a law firm representing one side accused its counterpart of bypassing proper legal procedure in submitting a…
- NAIROBI, Kenya, Jul 1 – The High Court has halted the implementation of Kenya Revenue Authority (KRA) tax on motor vehicles pending the hearing and determination of a petition against it. The updated Current Retail Selling Price (CRSP) schedule for used motor vehicles was set to take effect on…
- By Patterson Siema ACCRA, Ghana, July 1 – The Kampala Declaration on CAADP, endorsed by African leaders in January 2025, is more than another summit communiqué. It is a 10-year business plan to increase Africa’s agrifood output by 45 percent, halve post-harvest losses, triple intra-African food…
- WASHINGTON, July 1 (Xinhua) — U.S. President Donald Trump on Monday signed an executive order terminating most sanctions on Syria, the White House said in a fact sheet. “The Order removes sanctions on Syria while maintaining sanctions on (ousted former Syrian president) Bashar al-Assad… The Order…
- NAIROBI, July 1 (Xinhua) — Kenya Airways, the national flag carrier, said on Monday that airlines in Africa should collaborate to boost revenue and unlock the continent’s aviation potential. Allan Kilavuka, chief executive officer of Kenya Airways, told journalists in the Kenyan capital of Nairobi…
- JUNE 30 – One of Nigeria’s wealthiest businessmen, Aminu Dantata, is set to be buried in Saudi Arabia after he died on Saturday in the United Arab Emirates. Business mogul Dantata, 94, an uncle of Africa’s richest man Aliko Dangote, leaves three wives, 21 children and 121 grandchildren. His body…
- NAIROBI, Kenya, June 30 – The Kenya Revenue Authority (KRA) has extended the deadline for filing tax returns by one day, offering relief to thousands of Kenyans who were unable to access its iTax platform due to system downtime. In a statement, KRA announced that taxpayers now have until midnight…
- JUNE 30 – Canada has scrapped a tax on big US technology firms, just hours before it was due to come into force, to allow trade talks between the two countries to restart. On Friday, US President Donald Trump called off negotiations over a trade deal, describing the tax as a “blatant attack”, and…
- NAIROBI, Kenya June 30 – Kenya’s total cyberattacks increased by 201.7 percent to 2.5 billion threats between January and March 2025, up from 840.9 million recorded during the previous quarter (October and December last year). The latest sector statistical report by the Communication Authority of…
- NAIROBI, Kenya, June 30 – President William Ruto has called for urgent reforms to the global financial system, urging world leaders to reframe public debt as a tool for development rather than a burden. The head of state speaking during the Fourth International Conference on Financing for…
- NAIROBI, Kenya, June 30 – Safaricom has solidified its position as Kenya’s leading fixed internet provider, posting modest growth in both connections and market share during the third quarter of the 2024/2025 financial year, new data from the Communications Authority of Kenya (CA) shows. The telco…
- JUNE 30 – A deal to cut import tariffs between the US and UK has come into force, giving British car makers preferential access to the world’s biggest consumer market. It will allow UK motor manufacturers to sell up to 100,000 vehicles to the US at a tariff of 10% – a big advantage over […]
- NAIROBI, Kenya, June 30 – The Central Bank of Kenya (CBK) has officially withdrawn the licence granted to Pakistan-based Bank Al-Habib Limited (BAHL), marking the bank’s exit from the Kenyan market after a seven-year presence. In a press statement issued on Monday, CBK confirmed the cancellation of…
- JUNE 30 – China has lifted a ban on seafood imports from most regions of Japan, which was imposed two years ago due to concerns over the release of treated waste water from the Fukushima nuclear plant. Beijing said it will “conditionally resume” the imports from Japan with the exception of 10 of…
- NAIROBI, Kenya, June 30 – Safaricom’s dominance in Kenya’s mobile money space is waning, with fresh data showing a further dip in M-Pesa’s market share even as rival Airtel Money continues its upward momentum. Data from the Communications Authority of Kenya (CA) Q3 sector statistics report revealed…
- JUNE 30 – President Donald Trump has said he has a buyer for TikTok, the video-sharing app that was banned in the US amid claims it posed a national security risk. In a Fox News interview, Trump said he had a group of “very wealthy people” willing to acquire the platform. “I’ll tell you in […]
- NAIROBI, Kenya, June 30 – A group of 50 Kenyan workers left the country last week for employment opportunities in Russia, marking the beginning of a new labour migration program aimed at addressing youth unemployment. The group, which includes individuals from various counties, is set to work in…
- NAIROBI, Kenya, June 30 – While many Kenyans would want to own some form of real estate, lengthy processes and prohibitive costs have made real estate ownership appear to be a preserve of the elite. However, over the past decade, advancements in technology have made it easier for investors to…
- GENEVA, June 30 – A new journal supplement, “Born Too Soon: progress, priorities and pivots for preterm birth,” led by PMNCH, has been published in BMC Reproductive Health. This vital publication, comprising ten papers (seven articles and three commentaries), adapts and expands the content from the…
- JUNE 29 – President William Ruto has welcomed the decision by the European Bank for Reconstruction and Development (EBRD) to establish its African continental office in Nairobi. The ratification process is currently before Parliament. President Ruto said this is a strategic move that will…
- DHAKA, June 29 (Xinhua) — Stakeholders in the Bangladeshi telecommunications industry have expressed their worries over the possible dominance of Starlink in the country’s Internet Service Providers (ISPs) market. They expressed their views at a workshop and press briefing organized by the Telecom…
- JUNE 29 – Suzanna Kathumba, a domestic worker in Malawi, spends every day thinking of ways she can economise to make her salary of 80,000 kwacha ($46; £34) a month stretch to support her family. As she wrings a wet cloth from a bucket of water in the living room and starts by wiping down […]
- Stakeholders in the blue economy field now call for a concerted effort to exploit opportunities in the sector to address the unemployment crisis facing the youth in the country. David Ogiga, Director Sote Hub says the new frontier for job creation lies in the blue economy value chain. Ogiga who…
- NAIROBI, Kenya, June 28 – The Rotary Club of Nanyuki has officially installed Becky Ngatia as its new president, outlining a fresh agenda focused on philanthropy, education, environmental conservation, and youth engagement. The transition ceremony, held at Nickolee Hotel in Laikipia County, was…
- JUNE 28 – US President Donald Trump has said he is cutting off trade talks with Canada “immediately” as the country looks to start enforcing a tax policy targeting big tech companies. The latest move, which he announced on social media, comes as the neighbouring nations had been working to agree a…
- NAIROBI, Kenya, June 28 – Konza Technopolis has hosted a delegation of Japanese technology companies as part of a push to deepen bilateral collaboration in digital innovation, infrastructure development, and investment. The engagement, which brought together government officials, private sector…
- By Moses Kemibaro JUNE 27 – We are living in a time when the rapid pace of digital transformation, while unlocking immense opportunity, is also dramatically expanding the cyber threat surface. The digital age has become both a blessing and a battleground. And as Kenya races towards a digital-first…
- JUNE 27 – Canada’s parliament has passed a landmark bill giving Prime Minister Mark Carney’s government new powers to fast-track major national projects. The One Canadian Economy Act was passed by the Senate on Thursday, and allows the cabinet to streamline approvals processes and bypass certain…
- NAIROBI, Kenya, June 27 — Stanbic Bank facilitated trade deals worth Sh76 billion and issued over Sh500 million in solar loans in 2024, underscoring its commitment to driving sustainable development and becoming the region’s most environmentally responsible financial institution. According to the…
