- EPRA orders temporary closure of petrol stations affected by floods countrywide, citing damage to petroleum products resulting in vehicle breakdowns.
- In some markets, April is Financial Literacy Month, and the duo of Dolly Sagwe and Kendi Ntwiga spent time over the month talking to Kenyans about personal money habits such as saving.
- New Knight Frank's Wealth Report shows they are repatriating some of their wealth back home. The International Monetary Fund projects Kenya's economy to grow by 5.2 per cent this year.
- An Australian mining company says it has unearthed copper and gold deposits in Meru County, in what could radically change the fortunes of the Miraa growing region.
- The payment to the farmers affiliated to 1,001 cooperatives and estates is more than last week's proceeds of Sh1,022 billion from the sale of 26,449 bags of coffee.
- Out-of-home (OOH) advertising has continued to grow despite other forms of traditional advertising such as newspapers, radio, and television declining over the last several decades.
- Industry players say they are picking up pace and in the sector's next phase of growth needing to attract major financiers, with funds from venture capitalists and private equities drying up.
- Conversational messaging channels are witnessing robust growth, reflecting a growing consumer desire for stronger connections with the brands they support.
- Social impact organisation Power Learn Project (PLP) is targeting to impart skills on 15,000 youth in Africa this year through technology scholarships.
- Javas Bigambo says decision may lead to poorer workers, particularly lower cadre staff. Research shows improved services when employment terms are contractual.
- Addis has introduced reforms allowing foreign companies to participate in restricted sectors. A population of over 110 million people presents a vast, previously untapped market.
- Sugarcane farmers have expressed their frustrations with the Agriculture and Food Authority (AFA), accusing it of allegedly siding with cartels to exploit them.
- Absa Life Assurance Kenya (Absa Life) has reported an 84 per cent growth in net profit to Sh667.2 million for the year ending December 31, 2023, from Sh361.86 million recorded in 2022.
- Head of State rooted for Africa-driven socio-economic development, executed with transparency and inclusiveness. Wants IDA contribution increased from Sh12 trillion to Sh16.4 trillion.
- Kenyan poultry businesses say the country could lose Sh172 billion a year if the United States starts exporting finished chicken products to Kenya under a proposed new trade deal.
- Data from the Office of the Controller of Budget (CoB) indicates that Kenyan counties cumulatively set aside Sh1.9 billion to their emergency funds in the 2023/2024 financial year.
- This followed a Sh793 billion acquisition by global shipping giant MSC, which AGL Regional Managing Director East Africa Jason Reynard said highlights the long-term commitment.
- EAC partner states are in the process of putting in place the requisite institutions to attain a single currency as outlined in the EAC Monetary Union Protocol.
- In the 2024 Budget Policy statement report that has since been approved by the National Assembly, legislators increased their allocation by expanding spending limits.
- Challenges such as data privacy concerns, cybersecurity threats, gender disparities in digital access, and barriers to inclusion for persons with disabilities remain prevalent.
- Standard Investment Bank (SIB) has partnered with the Chartered Institute for Securities & Investment (CISI) to enhance the professional skills of its employees.
- KEL Chemicals has written to DCI Amin Mohammed Ibrahim seeking the arrest of the Linturi and Kimote over what they termed as attempts to distort the truth and intimidation.
- CoG said counties will face major challenges in the delivery of the functions assigned to them if the Division of Revenue Allocation Bill is passed as it is.
- KPLC will pay the owner of a building that housed Nakumatt Downtown supermarket more than Sh500 million for the loss incurred after the 2009 fire tragedy.
- A steep rise in interest rates could see the cost of borrowing cross levels above 30 per cent, last witnessed a decade ago. The regulator earlier this month held the benchmark rate at 13 per cent.
- As the owner of Harps Scent, Kihara developed a taste for scents and appreciated them, but encountered problems sourcing them in the past, which led her to explore and venture into the market.
- Senate voted to send legislation to President Biden that would require Chinese owner ByteDance to divest the short video app's U.S. assets within about nine months or face a Ban.
