Business

28 March 2025 - The world’s top healthcare systems continue to set benchmarks in efficiency, accessibility, and innovation.

28 March 2025 - Imagine a young entrepreneur in Nairobi, a brilliant mind with a game-changing idea. She has the passion, the drive, and the solution to a critical problem. Her name is Akinyi. With no real experience in business, Akinyi sensibly decides to invest…

28 March 2025 - Idd-ul-Fitr is a significant event in the Islamic calendar, marking the end of Ramadhan.

28 March 2025 - Bolt says it has absorbed the VAT obligation over the past 15 months on behalf of the drivers.

28 March 2025 - He also urged Kenyans not to be swayed by misinformation about SHA.

28 March 2025 - Imagine owning a piece of Apple, Tesla, or Amazon from right here in Kenya. Thanks to modern technology, investing in US stocks is no longer limited to Wall Street traders—it’s now possible for you to buy and hold shares in some of the world’s biggest…

28 March 2025 - The earnings mark the fourth straight year of profit growth.

28 March 2025 - Judge says all the titles were done fraudulently and directed the chief land registrar to cancel them.

28 March 2025 - Similar to its last update, the report by the Organization of the Petroleum Exporting Countries (OPEC), showed that Nigeria produced the most oil in Africa, for the month of February.

28 March 2025 - Ghana’s total public debt declined by GH¢15.8 billion in December 2024, bringing the total debt stock to GH¢726.7 billion, according to the Bank of Ghana’s March 2025 Summary of Financial and Economic Data.

28 March 2025 - Over the past decade, certain industries have emerged as the biggest wealth generators, creating a new wave of billionaires across the globe.

28 March 2025 - You should always judge the vendor as thoroughly as you judge the vehicle.

28 March 2025 - For many African countries, currency value decline is a recurring problem that reflects underlying economic weaknesses including excessive reliance on imports, high inflation, unstable political environments, and unmanageable debt levels.

28 March 2025 - Should the new deal hold, Mobius Motors stands to rise from the scrap yard, and with it, Kenya hopes to give Morocco and South Africa, the leading automotive hubs in Africa, a run for their money. Silver Box will inject the much-needed capital into…

28 March 2025 - President William Ruto has reshuffled his administration, nominating 14 new Principal Secretaries (PSs), reassigning six, and demoting others while creating five new state departments. No PS was dismissed, with some reassigned as ambassadors or…

28 March 2025 - President William Ruto has been pulled into a dispute between local banks and a Nigerian firm over the development of a real-time payments system, with Nigeria Inter-Bank Settlement System Plc (NIBSS) and its partners seeking President William Ruto’s…

28 March 2025 - CBK Governor Kamau Thugge will appear before Parliament today to explain why commercial bank loans remain expensive despite the regulator lowering the benchmark interest rate.

28 March 2025 - A representative for digital lenders gave the example of a man who now owes slightly over Ksh1 million. The man earns Ksh55,000 per month but was able to take out loans from 52 digital lending platforms. While the borrower was able to access the loans…

28 March 2025 - Turkana Central Deputy County Commissioner Thomas Siele has announced that residents must register for the Social Health Authority (SHA) to receive relief food, despite the program being voluntary.

28 March 2025 - Hundreds of jobless teachers in Baringo, Elgeyo Marakwet, and Uasin Gishu have lost over Ksh3 million in a fake Teachers Service Commission (TSC) recruitment scam. Victims were tricked into paying large sums for fake job offers, with some taking loans…

28 March 2025 - An audit by the Auditor General has revealed that Kenya is losing Ksh89.4 million annually in commitment fees on undrawn donor funds for Covid-19 vaccines. Of the Ksh18.67 billion allocated for Supplementary Financing II, only Ksh800 million has been…

28 March 2025 - According to data from U.S. Foreign Assistance, in 2024, Rwanda received around $162 million in total U.S. funding, the 23rd highest funds received by an African country.

28 March 2025 - Authority seeks to develop new framework to families unclaimed property.

28 March 2025 - MTN Group’s South African unit and U.S.-based low-Earth orbit (LEO) satellite provider Lynk Global announced that they have successfully made Africa’s first phone call via satellite.

28 March 2025 - At least six people lost their lives when the "Sindbad" viewing submarine, carrying tourists, sank off the coast of Hurghada, a resort on Egypt's Red Sea.

27 March 2025 - Equity Group has registered a 12 percent growth in profit after tax to stand at Ksh.48.8 billion for the year ending December 2024.

27 March 2025 - The shrinking of the dominance of geothermal power came following the shutdown of KenGen’s Olkaria 1 plant for a capacity upgrade from 45 to 63 megawatts.

27 March 2025 - 'It has been a long journey in terms of clearing the issue of Spire Bank, which we did two years ago.'

27 March 2025 - The tour across cities in Europe and Africa is named after his massive hit song 'Omemma', a word from the Igbo language in Nigeria.

27 March 2025 - Local manufacturers have seized the opportunity to create formulations that are specifically designed for African skin and address the diverse needs of the population.

27 March 2025 - Acorn’s combined portfolio of operating and development-stage student beds now stands at 21,000.

27 March 2025 - Gathungu is concerned that the Sh89.4 million lost annually could have been used to improve health infrastructure, increase vaccine distribution, or strengthen emergency response mechanisms.

27 March 2025 - The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced it is in the final stages of securing a listing on the capital market.

27 March 2025 - 'There was no particular profession to admire at that time. There were no role models, to be honest.'

27 March 2025 - The Micro Small Enterprise Authority (MSEA) has formalized a strategic partnership with key industry players to enhance cold storage facilities in Meru, Kisii, and Nyandarua counties, which will benefit small-scale farmers.

27 March 2025 - The exhibition runs up to April 16, 2025.

27 March 2025 - Zambia’s economy outperformed expectations last year, surpassing growth forecasts from both the government and the International Monetary Fund (IMF), driven by a sharp rise in fourth-quarter output.

27 March 2025 - Vilanculos is Mozambique’s untouched gem with its benevolent sun, sand, surf – and horses, as this writer discovered. The photographs in the brochure show poised, slender women sitting atop horses in the ocean. Why then am I struggling to get a foot…

27 March 2025 - Topline Federal investigators are investigating claims suggesting Pfizer delayed announcing test results of its Covid vaccine until after the 2020 presidential election, the Wall Street Journal reported, bolstering a claim by President Donald Trump,…

27 March 2025 - NAIROBI, Kenya, Mar 27 – DIB Bank Kenya (DIBBK), a subsidiary of Dubai Islamic Bank PJSC, has reported a net profit of Sh103.4 million for the year ending December 31, 2024, a turnaround from a Sh256 million loss in 2023. The bank attributed this…

27 March 2025 - Tanzania has introduced new protectionist tariffs on Kenyan goods such as eggs, dairy, meat, and confectionery, disrupting the East African Community (EAC) Customs Union’s rules and causing a Ksh4.2 billion drop in Kenya’s export earnings to Tanzania.

27 March 2025 - About six months after my confirmation, I got this intense urge to live larger. I mean, I have a secure job now, and I cannot keep living in this small house. Still using the second-hand sofa set I had gotten as a bachelor. I need an upgrade! I…

27 March 2025 - On January 20, 2025, shortly after his inauguration, Donald Trump halted funding from USAID, a key source of aid for Africa. Considering the United States is one of the world’s largest aid providers, this decision raises critical questions about the…

27 March 2025 - Piloted in December 2024, the Ziidi MMF has already achieved remarkable success, pooling over Ksh2.85 billion in assets under management from more than 450,000 customers. This success is attributed to strategic partnerships with Standard Investment…

27 March 2025 - If you are approaching retirement or have recently retired, it's crucial to make wise investment choices to ensure financial stability and a comfortable lifestyle. A smart strategy involves striking a balance between protecting your principal and…

27 March 2025 - Four African countries are teetering on the brink of default as mounting debt burdens, rising interest rates, and declining revenues strain national budgets.

27 March 2025 - February 2025’s MMF performance, reflect the ongoing economic shifts. The average daily effective rate declined to 11.93% per annum, down from 12.19% in January. This downward trend mirrors falling Treasury Bill (T-bill) rates, which directly impact…

27 March 2025 - President William Ruto has made changes in the positions of Principal Secretaries, ushering in 14 new entrants into his government. In other changes, Prof Edwin Kisiangani, who serves in the ICT Ministry, has been dropped as PS and will now serve as a…

27 March 2025 - The Sacco sector has faced a historical crisis in the aftermath of the insolvency that has hit KUSCCO on account of massive fraud. An audit by PwC detailed how top officials at the body engaged in unethical financial practices that put many Saccos the…

27 March 2025 - NAIROBI, Kenya, Mar 27 – Acorn Investment Management Limited (AIML) reported a Sh1.4 billion net profit for 2024 across its Acorn Student Accommodation Development REIT (ASA D-REIT) and Income REIT (ASA I-REIT), nearly 200 percent growth from Sh467…