Business

01 June 2024 - 41 countries in Africa will experience stronger growth rates in 2024 compared to 2023, the latest African Economic Outlook from the African Development Bank Group predicts.

01 June 2024 - JUNE 1 – Ticketmaster owner Live Nation confirmed “unauthorised activity” on its database after a group of hackers said they had stolen the personal details of 560 million customers. ShinyHunters, the group claiming responsibility, says the stolen data…

01 June 2024 - NAIROBI, Kenya, Jun 1 — The government has approved Sh600 million for sugarcane development to anchor sugar sector reforms. The funding is part of a Sh2 billion lease plan announced by President William Ruto through state-owned mills and is set to be…

01 June 2024 - NAIROBI, Kenya, June 1 — The government is set to scale up coffee production to 102,000 metric tons by 2027. This is an increase from 50,000 metric tons, translating to 10 kilograms for every bush of coffee. President William Ruto who spoke during the…

01 June 2024 - President William Ruto has directed that the cost of sexed semen be slashed from Ksh.8,000 to under Ksh.3,000 in a move aimed at empowering dairy farmers to boost milk production.

01 June 2024 - The primary motive for every investment is its returns, and the business of real estate is including in African cities are no different. The key incentive for every landlord is the amount of revenue the rent attached to his/her property(s) can generate…

01 June 2024 - Outgoing New KICC CEO Nixon Sigey says he took over the organisation when it owed dairy farmers Sh500 million.

01 June 2024 - TOKYO, June 1 (Xinhua) — Core inflation in Tokyo continued to rise in May as utility costs expanded, government data showed. The Tokyo core consumer price index, which excludes volatile fresh food but includes fuel costs, rose 1.9 percent in May from a…

01 June 2024 - NAIROBI, Kenya, June 1 – Agro-food processor Kakuzi yesterday opened a new macadamia oil processing plant with a capacity of 1,000 litres per day. The new unit also has an installed capacity of 2,000 tonnes of saleable kernel (SK), making it one of the…

01 June 2024 - Ruto leads nation in celebrating Madakara Day

01 June 2024 - 'My childhood was a typical rural upbringing, as the fourth of five siblings. I've always been adaptable, a trait I still carry as a typical middle child.'

01 June 2024 - The budding East Africa has been projected to grow higher than anticipated in 2024. The region is on pace to lead other sub-regions in Africa as the fastest-growing region. This is despite its inflation which was the highest in Africa at 26.5% in 2023…

01 June 2024 - Africa is home to several countries that have triumphantly upheld political and economic stability. While external viewpoints tend to stress the challenges faced by the continent, it becomes imperative to illuminate the success stories – countries that…

01 June 2024 - Farmer seeks to change the narrative of depending on artificial fertiliser for great yields.

01 June 2024 - LIVE: Ruto leads nation in celebrating Madakara Day

01 June 2024 - OTTAWA, June 1 (Xinhua) — Canada, generally a net electricity exporter, imported 3.3 million megawatt-hours (MWh) of electricity, a jump of 127.8 percent year over year, from the United States in March due to prolonged dry conditions, Statistics Canada…

01 June 2024 - NAIROBI, Kenya, June 1 – Prices of goods and services rose slightly in the month of May to 5.1 percent from 5 percent in April, pushed up by rising food and transport prices. Higher housing, electricity, gas, and other fuels also contributed to Kenya’s…

01 June 2024 - More than a third of $239 billion luxury travel market is driven by non-millionaires. They’re young, they want to explore the world and, increasingly, they are neither American nor European. A new crop of “aspiring luxury” travelers with net worths of…

01 June 2024 - This has been attributed to the high cost of living amid the high rate of joblessness in the country

01 June 2024 - Milk processor rolls out sustainable milk production campaign across the country.

01 June 2024 - JUNE 1 – Land selling firm AMG Realtors has developed a digital platform that seeks to educate investors on the latest trends shaping the country’s real estate industry  With cases of land fraud being on the rise, the site also seeks to educate people…

01 June 2024 - He could have been a famous jazz player. A philanthropist. Both? But he emerged from the curtain and onto the stage as Ambassador of Germany to Kenya—no mean feat.

01 June 2024 - Residents of Kajiado reap the rewards of embracing fish farming.

01 June 2024 - Lender asks the government to punish CEOs who continue to pay scrapped perks.

01 June 2024 - The rise in inflation through May is the first since January, which ends a three-month run of disinflation.

01 June 2024 - Ben Roberts, Chief Technology and Innovation Officer at Liquid Intelligent Technologies urged institutions to embrace AI.

01 June 2024 - High financing interest rates, climate shocks, and constrained government revenues, cited as hindering growth.

31 May 2024 -  A new report by the Kenya National Bureau of Statistics (KNBS) reveals that inflation rose to 5.1 per cent in May, up from 5.0 per cent in April.

31 May 2024 - The project will use new technology to separate human urine and faecal waste.

31 May 2024 - Your employees are the heartbeat of your brand; their passion and commitment breathe life into your brand's values and mission every day.

31 May 2024 - The Kenya Association of Manufacturers (KAM) called the tax proposals in the Finance Bill "unreasonable" and "overburdening" to the taxpayers.

31 May 2024 - 5 highly influential Africans leading top global organizations

31 May 2024 - The government has applauded the move by the India Exim Bank to open its East Africa representative office in Nairobi.

31 May 2024 - An e-mobility firm is seeking to transform Kenya's transport sector through the introduction of new electric vehicle models.

31 May 2024 - Absa Bank Kenya has announced a 34% growth in its profit after tax to Ksh.5.9 billion for the period ended March 31 2024.

31 May 2024 - South Africa is in the midst of a historic election as votes have been counted and are still being captured and finalized, with nearly 80% tallied so far. This election marks the most competitive since the country’s first democratic vote in 1994, posing…

31 May 2024 - Miano said promotion of locally produced goods and services will not only increase its consumption but will also create employment and reduce reliance on imports.

31 May 2024 - Africa, with its stunning landscapes, isn't exactly the first place that pops into mind when you think about snow. Warmth, sunshine, and maybe some savannah adventures are all you think of.

31 May 2024 - The record brings to an end the index's three month in a row decreasing trend

31 May 2024 - World Bank has asked the government to introduce punishments for cabinet secretaries, governors and parastatals CEOs over wage bill.

31 May 2024 - Top 5 GCC countries that have invested the most money in Africa in the last decade

31 May 2024 - Every investment is motivated by the prospect of profit, and the real estate industry is no exception. Every landlord's primary goal is the amount of cash the rent on his or her property(s) may produce yearly. This is calculated primarily using the…

31 May 2024 - The Dangote refinery in Nigeria has achieved another milestone as it exports its first jet fuel cargo to Europe.

31 May 2024 - In the period Kenyan exports grew by over Sh2 billion into the country’s top 25 markets.

31 May 2024 - Net investment and insurance results rose by 42 per cent, reaching Sh8.19 billion

31 May 2024 - The analysis focuses on public participation, budget transparency and budget oversight

31 May 2024 - List of African countries and how much of their salaries they spend on iPhones

31 May 2024 - Top 10 African cities for global citizens to relocate to

31 May 2024 - BRUSSELS, May 31 (Xinhua) — The Eurozone’s yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union’s (EU) statistical bureau. The Eurozone’s inflation rate stood at 2…

31 May 2024 - NAIROBI, Kenya, May 31 – Chinese electric vehicle (EV) maker MojaEV has unveiled its first electric vehicles (EVs) in Kenya as it targets cab drivers. The Neta variant EVs, which comprise SUVs and mid-level consumer cars, will be fully launched in mid-…