- A recent dip in Apple's (AAPL.O) stock over worries about iPhone sales has left the Silicon Valley tech heavyweight in danger of being overtaken by Microsoft (MSFT.O) as the world's most valuable company.
- Co-operatives and MSMEs Cabinet Secretary Simon Chelugui on Tuesday launched the Coffee Cherry Advance Fund, which could see coffee farmers reap big from the state’s new reforms in the sector.
- Samsung Electronics said Tuesday it expected fourth-quarter operating profit to drop by more than a third, as the company struggles with weak demand for consumer electronics.
- The cockpit voice recorder data on the Alaska Airlines Boeing 737 MAX 9 jet which lost a panel mid-flight on Friday was overwritten, U.S. authorities said, renewing attention on an industry call for longer in-flight recordings.
- The Wings to Fly scholarship programme has offered full scholarships to 1,000 bright children from financially disadvantaged backgrounds who took their KCPE exams last year.
- Nigeria's naira and the Kenyan and Ugandan shillings are expected to weaken in the next week to Thursday, while Ghana's cedi and Zambia's kwacha could be steady, traders said.
- Carrefour (CARR.PA) is telling customers it will no longer sell PepsiCo products like Pepsi, Lay's crisps and 7up because they had become too costly, in the latest tug-of-war over prices between retailers and global food giants.
- As the world moves towards cleaner cheaper technology in the transport sector to heighten efficiency, safeguard lives and protect the environment, Kenya is taking part.
- Digital payments platform Sasapay has announced a three-month temporary suspension of transaction fees for its platform users, aiming to offer financial relief over the upcoming three months.
- Honda is recalling about 2.6 million vehicles in the United States to replace fuel pumps and address a defect that increases crash risk, according to the Japanese automaker.
- Equity Bank Kenya has been recognized as the top global performer by the International Finance Corporation (IFC), a member of the World Bank Group, for the 2023 Climate Assessment for Financial Institutions (CAFI) Awards for Climate Reporting.
- Kenya Investment Authority (KenInvest) will on Wednesday launch the 3rd cycle of its Strategic Plan that will be implemented in the next five years from 2023–2027.
- Pope Francis has called for an international treaty to regulate the use of Artificial Intelligence, warning that the new technology risks causing a “technological dictatorship” which would threaten peace and democracy.
- African e-commerce firm Jumia Technologies will close its food delivery business in all seven countries in which the unit operates by the end of the year to focus on growing its core online retail business, it said on Wednesday.
- Tesla is recalling nearly all 2 million of its cars on US roads to limit the use of its Autopilot feature following a two-year probe by US safety regulators of roughly 1,000 crashes in which the feature was engaged.
- Argentina will devalue the peso by more than 50% as part of emergency measures to help the nation’s struggling economy, the country’s Economy Minister Luis Caputo announced Tuesday.
- Kenya's private sector activity declined for a third straight month in November, a survey showed on Tuesday, as businesses struggled with soaring costs.
- The dollar regained some ground on Tuesday and hovered near a one-week high against major peers, while bitcoin extended its momentum on optimism that U.S. regulators could soon approve exchange-traded spot bitcoin funds.
- Spotify will lay off around 1,500 employees to reduce costs in a third round of job cuts this year, CEO Daniel Ek said Monday as he announced a “significant” strategy shift for the music-streaming company.
- The yearly event which is meant to recognise the special creativity and ability of young marketers under the age of 35, was graced by top Chief Executives and Managing Directors of top companies in Kenya and from across the border - Uganda, Tanzania and Rwanda among other countries.
- Fresh data from the Kenya National Bureau of Statistics (KNBS) has revealed a 3.3 percent increase in the cost of a 2-kilogram packet of wheat flour in November 2023 while the price of a similar amount of sifted maize flour fell by 6.5 percent during the same period.
- Elon Musk, in his first interview with mainstream media since his antisemitic post on X earlier this month, apologized Wednesday for what he called his “dumbest” ever social media post.
- The dollar was rooted near a three-month low on Thursday and was set to post its steepest monthly decline in a year as investors ramped up bets that the Federal Reserve is done with rate hikes ahead of a crucial inflation report later in the day.
- Kenya Commercial Bank (KCB) customers will starting next year be able to get services at National Bank of Kenya (NBK) branches and vice versa, KCB Group CEO Paul Russo announced on Monday.
- The dairy industry is one of the key contributors to Kenya’s food security. More Kenyans are now embracing dairy farming, leveraging modern technology to maximise production and increase profits.
- Single-use plastic pollution is still rampant in the country, even as Kenya positions itself as one of the key players in the fight against climate change.
- Regional stakeholders in the freight logistics sector are pushing for the removal of transport and trade barriers that have limited the movement of goods and services within the countries.
- Kenya National Bureau of Standards (KNBS) has formed a committee to explore ways into which the government can harness data sourced directly from communities
