Business

07 June 2024 - From fintech to foodtech solutions; from beauty brands to biotech infusions, FORBES AFRICA’s inaugural list of Small Giants across Africa showcases the tenacity of homegrown businesses and their impact on the communities they serve. Their pan-African…

07 June 2024 - JUNE 7 – Kenya’s AI-driven social commerce platform, Twiva, has been chosen for the prestigious Spark Accelerator Program by Safaricom.  Known for leveraging influencers to market and sell brands’ products and services, Twiva will benefit from a…

07 June 2024 - In 1960 Del Monte Kenya supported the establishment of Kihunguro Primary School, which has benefitted close to 3,000 students to date.

07 June 2024 - NAIROBI, Kenya, June 7 – The United States Agency for International Development (USAID) is set to showcase significant gains in Northern Kenya’s livestock sector at the upcoming Kenya Meat Expo 2024 slotted for June 12 through 14. The event, themed ‘…

07 June 2024 - When you look around Africa, you see several foreign car brands on the roads. It has been like this for years due to the continent's large dependence on imported cars from Europe, Asia and America to meet its mobility needs.

07 June 2024 - NAIROBI, Kenya, June 7 – Lamu is preparing to host the Lamu,Tana River, Garissa, Wajir, and Mandera County Investment Conference, anchored on promoting climate resilience solutions tailored for Kenya’s semi-arid regions. The event dubbed ‘Unveiling…

07 June 2024 - NAIROBI, Kenya, June 7 – Lamu is preparing to host its County Investment Conference, anchored on promoting climate resilience solutions tailored for Kenya’s semi-arid regions. The even-dubbed ‘Unveiling Opportunities: Redefining Northern Kenya as an…

07 June 2024 - China's Gotion High Tech will build Morocco's first EV battery gigafactory at a total cost of 12.8 billion dirhams ($1.3 billion).

07 June 2024 - TOKYO, June 7 (Xinhua) — Japan’s real household spending gained 0.5 percent in April from a year earlier although consumption remained sluggish amid soaring prices, government data showed on Friday. Households of two or more people spent an average of…

07 June 2024 - NAIROBI, Kenya, June 7 – Treasury cabinet secretary Njuguna Ndu’ngu has stressed the need for pumping adequate human capital development facilitation to the youth population following their rapid population rise in the country. Speaking during the…

07 June 2024 - Choosing to keep your natural hair could be the best or worst decision of your life, depending on how you style and care for it

07 June 2024 - One of Africa’s largest oil producers, Nigeria, is projected to spend more this year on regulating fuel prices than last year. This is despite the fact that fuel subsidies were discontinued in 2023 due to their high cost. Last year, Nigeria spent a…

07 June 2024 - FORBES AFRICA attended the second edition of the Benin International Arts Festival and found the tiny West African nation to be a hub of creativity with an emerging pool of talent. As the sun dipped below the horizon, casting its glow over the streets…

07 June 2024 - It is likely to have a serious implication on the balance sheet and economic growth.

07 June 2024 - Kenyans have resorted to where they can easily access their money away from financial institutions

07 June 2024 - Banks are strongly inclined towards medium-sized enterprises, directing 86% of loan accounts to this segment

07 June 2024 - Africa is increasingly becoming a hub for innovation and entrepreneurship. With a young population, increased internet reach, and a rising middle class, the continent is primed for a startup boom. Several African countries have emerged as attractive…

07 June 2024 - TOPLINE The Federal Trade Commission is probing Microsoft’s recent deal with artificial intelligence startup Inflection AI to examine if the tech giant deliberately structured it in a manner that would avoid an antitrust review, the Wall Street Journal…

07 June 2024 - NAIROBI, Kenya Jun 6 – The Civil Registration Services (CRS) department has committed to putting up a 3-year plan to ensure smooth operations of the offices in all 290 constituencies across the country. Appearing before the Regional Development…

07 June 2024 - EPRA says it will advice ministry by June 30.

07 June 2024 - These startups will undergo a three-month capacity-building program

07 June 2024 - Visa application centres significantly boosted job creation in 2023, sustainability report shows

07 June 2024 - TOKYO, June 6 (Xinhua) — Japanese auto giants Toyota and Mazda suspended production of five car models on Thursday due to fraudulent practices discovered in national certification tests, in the wake of a cheating scandal among five major Japanese…

07 June 2024 - NAIROBI, Kenya, June 7 – At least 200 youthful entrepreneurs participating in the Jiinue Growth Program (JGP) received specialized business training on the first day of the inaugural Eldoret Business Summit 2024, held at Rupa Mall, Eldoret. The two-day…

07 June 2024 - NAIROBI, Kenya,June 7 – Swaroop Rao Ponangipalli and Ponangipalli Venkata Ramana Rao have been appointed as joint administrators by Trance Towers Limited. In a notice, the company announced that it has ceased all the powers of the directors in charge…

07 June 2024 - Fady Rostom won’t reveal himself easily. He hides behind a curtain of withering self-deprecation and truly atrocious dad jokes.

07 June 2024 - The Hustler Fund issued Sh465 million loans to 809,351 Kenyans who had not registered for the product.

07 June 2024 - Banks have warned of higher costs of transacting if Parliament approves the proposed value-added tax.

07 June 2024 - Kenya will use part of the Sh156.8 billion loan it recently secured from the World Bank to clear the outstanding balance of Sh65.3 billion ($500 million) from its debut Eurobond.

07 June 2024 - Kenya Airways took up the loan to finance the purchase of seven aircraft and an engine.

07 June 2024 - Telkom Kenya has urged Parliament to block the increase of excise duty on internet data charges.

07 June 2024 - Soft drinks makers have urged Parliament to block a proposal to impose a 10 percent tax on locally manufactured plastics.

07 June 2024 - SGR will get Sh901 million from the exchequer in the new financial year starting July 1.

07 June 2024 - The US wants Kenya to tighten rules on environmental protection and conserving natural resources.

07 June 2024 - The Business Daily talked with John Mativo, the managing director of the Kenya Electricity Transmission Company.

07 June 2024 - Parliament has accused the National Treasury of setting an unrealistic revenue target in the budget.

07 June 2024 - Quiver Lounge said on Thursday it is suspending Quiver Lounge Kitengela’s boss amid an investigation into allegations of sexual misconduct that he was forcing young female bartenders to sleep with him for promotions and better working conditions at the…

07 June 2024 - Taxpayers forked out Sh17.4 billion to service a Kenya Airways (KQ) loan.

07 June 2024 - CBK has said it will not cut its indicative lending rate just yet.

07 June 2024 - CBK will earn a total of Sh12.62 billion in interest from emergency lending to the National Treasury.

07 June 2024 - The government has allocated Sh612.7 million to build a power line to connect Marsabit to the national grid.

07 June 2024 - Kenya’s capital Nairobi has improved as one of the most preferred cities for startup investments.

07 June 2024 - Tax experts have called for the rejection of a planned new tax on the transfer of family estates.

07 June 2024 - A former Kenya Navy officer and two others have been arrested and face multiple counts following the theft of a tuktuk in Kamulu in Ruai, Nairobi County. The three, Peter Kamau Muniu (the ex-naval officer), Timothy Irungu Karimi and Antony Maina…

07 June 2024 - The proposed imposition of 16 percent VAT on imported aircraft and drones will spell doom for the local aviation industry.

07 June 2024 - At the ArtCaffe on Rhapta Square, Westlands, there is a small wine-shop (cellar) on the ground floor.

07 June 2024 - The Finance Bill 2024 will change the Kenyan economic and business environment way beyond recognition.

07 June 2024 - Kenya has been actively working to join countries reaping the benefits of nuclear energy.

07 June 2024 - It has been almost four decades since Cyndi Lauper recorded her signature songs.

07 June 2024 - Kenyan audiences have been enchanted by the award-winning musicals of Andrew Lloyd Webber ever since the 1970’s.