- This comes after the Kenyan government offered to buy back some of its tenders for Ksh. 2 billion dollars, just days after Ivory Coast and Benin returned to the international capital market for financing.
- The strategically-placed Indian Ocean nation of the Maldives, which has borrowed heavily from China and shifted allegiance from India, is at high risk of "debt distress," the IMF warned Wednesday.
- In a bid to boost the country's labor governance and practices, Kenya's National Labour Board, led by Mr. Shadrack Mwadime, the Principal Secretary for Labour & Skills Development, embarked on a comprehensive comparative learning mission in South Africa.
- Honda Motor Co said on Tuesday it was recalling 750,000 vehicles in the United States over a defect involving air bags which could deploy unintentionally during a crash.
- Online insurance platform mTek has partnered with BuyRentKenya to introduce a platform-as-a-service solution aimed at bolstering the insurance sector in Kenya and Africa through technological advancements and fostering seamless connectivity across the ecosystem.
- Chinese climate-tech company LuoKung Technology has signed a deal with Uganda to deploy a Digital Measuring, Reporting, and Verification (DMRV) platform that will measure Uganda's carbon footprint.
- The dollar rose to a two-month high against its major peers on Monday as traders clawed back bets for aggressive rate cuts by the Federal Reserve this year.
- US aircraft manufacturer Boeing said Sunday it has learned of new problems with the fuselage of its flagship 737 model which, while not posing an immediate in-flight danger, will require "rework" on dozens of planes.
- Amazon founder Jeff Bezos plans to sell up to 50 million shares of Amazon stock over the next year, according to a regulatory filing posted on Friday.
- Influencer-powered social commerce platform Twiva has announced a partnership with Shortlist, a talent advisory firm that connects African talent with startups, social ventures, and mission-driven organizations.
- Kenya Electricity Generating Company PLC (KenGen), is to offer testing services to the public and industries after receiving accreditation of its Calibration Centre laboratory by Kenya Accreditation Service (KENAS).
- The government through the Ministry of Labour and Social Protection has launched the National Skills Inventory following a directive issued by President William Ruto during a cabinet meeting on the 15th of January.
- The circulation of explicit and pornographic pictures of megastar Taylor Swift this week shined a light on artificial intelligence’s ability to create convincingly real, damaging – and fake – images.
- The Ministry of Investments, Trade, and Industry has formed a committee that will be tasked with addressing obstacles hindering both Foreign and Domestic Direct Investments, particularly in the aftermath of the discontinuation of the World Bank Ease of Doing Business Reforms in 2021.
- Pornographic, AI-generated images of the world’s most famous star spread across social media this week, underscoring the damaging potential posed by mainstream artificial intelligence technology: its ability to create convincingly real and damaging images.
- The head of Kenya's public debt management office at the finance ministry plans to leave his post in the next two months, the Business Daily newspaper reported on Thursday.
- The Kisumu County government on Wednesday launched a cashless system in conjunction with telco giant Safaricom to address challenges in optimising revenue collection, administration, and reporting.
- According to Kenyan market analysts, 2024 presents opportunities for investment in the agricultural space, with financial counters expected to improve and rebound.
- The African Development Bank (AfDB) and the United Kingdom have announced the selection of Kenya’s Transmission Network Improvement Project as a beneficiary project under the Room to Run Sovereign transaction (R2RS).
- Oil prices edged lower on Wednesday, weighed down by concerns over tepid demand and a stronger dollar even though escalating geopolitical tensions limited the losses.
- Directly or indirectly, the strength or lack thereof of the Kenya shilling may play a role in the interest rate you pay on your mortgage, the returns pegged on your investment portfolio, the price of groceries at your local supermarket, and the prospects of getting a job locally.
- Bitcoin fell to a seven-week low on Monday, hovering below $40,000 for the first time since the launch of 11 spot bitcoin exchange-traded funds on Jan. 11.
- National Treasury CS Njuguna Ndung’u now says the Kenya Kwanza administration did not admit to failure of the government-to-government oil arrangement with Saudi Arabia.
- Kenya is seeking to exit the Government to Government (G2G) deal with Saudi Arabia saying that it is distorting the forex market admitting that it has failed to ease the pressure on the dollar.
- Kenyan Originals has responded to online claims of toxicity in their range of cider beverages after several consumers took to the internet to share their horrid tales after consuming the drink.
- The Competition Authority of Kenya (CAK) has approved Heri Holdings Limited’s acquisition of 100 per cent shareholding of Nova Academies Tatu City Property Limited.
- The Anti-Counterfeit Authority (ACA) and the Pharmacy and Poisons Board (PPB) have signed an MoU aimed at strengthening the war against counterfeit trade.
