Business

30 May 2024 - They have accused S&P, Moody’s and Fitch of being biased against Africa.

30 May 2024 - NAIROBI, Kenya, May 30 – The Council of the European Union has adopted a decision on the conclusion of the EU-Kenya Economic Partnership Agreement (EPA).  The EU Council said Thursday that the agreement will boost trade in goods and create new economic…

30 May 2024 - Niger has extended an olive branch to the Economic Community of West African States (ECOWAS). The Nigerien Prime Minister, Ali Mahaman Lamine Zeine, has invited all ECOWAS countries to join the seemingly budding Alliance of Sahel States (AES). This…

30 May 2024 - Africa is a continent of remarkable diversity, and its cities are a testament to it. Each city has its unique mix of culture, history, and opportunities. However, in certain pockets of this varied landscape, daily life is marred by challenges arising…

30 May 2024 - NAIROBI, Kenya, May 30 – Over a decade ago, a group of visionary farmers in Kenya found themselves confronted with a common set of challenges: depleted soil nutrients, water scarcity, and declining crop yields. Determined to overcome these obstacles and…

30 May 2024 - ANKARA, May 30 (Xinhua) — Türkiye’s trade deficit widened by 12.9 percent year-on-year in April to 9.9 billion U.S. dollars, the Turkish Statistical Institute (TUIK) said on Thursday. Exports edged up 0.1 percent to 19.25 billion dollars, while imports…

30 May 2024 - NAIROBI, Kenya, May 30 – The Institute of Certified Public Accountants of Kenya (ICPAK) has demanded a review of a few of the Finance Bill 2024’s proposals because, if approved, they will negatively impact Kenyans. In a statement presented before the…

30 May 2024 - Nairobi, Kenya, May 30 – Investment service provider Xeno today unveiled its investment platform in Kenya as it seeks to formally enter the Kenyan market. The Ugandan-founded trust scheme says that it will provide Kenyans with the necessary tools for…

30 May 2024 - May 29 was anything but smooth sailing for the southern African nation as citizens exercised their right to vote, late into the night. The ruling African National Congress (ANC) is expected to attain below 50% for the first time since coming to power 30…

30 May 2024 - May 30 – Kashmir has witnessed over a million tourist arrivals till mid-May, with the J&K administration gearing up for record-breaking tourist numbers this year. This year, Kashmir is experiencing a significant tourism boom, including a promising…

30 May 2024 - In February, the Central Bank of Kenya  raised borrowing costs to 13 percent

30 May 2024 - After investing $100 million in Nigeria over three years, Kimberly-Clark, the manufacturer of the popular diaper brand ‘Huggies’ and various sanitary pads, is planning to announce the closure of its production facility in Ikorodu.

30 May 2024 - Shipments from the UAE have fallen by double-digits on relatively stabilising prices of petroleum products.

30 May 2024 - The bank’s balance sheet size grew by 10 per cent to Sh42.1 billion.

30 May 2024 - Africa is standing on the cusp of a digital revolution with the adoption of 5G technology. In recent years, the continent has made remarkable progress in technology and connectivity, but the advent of 5G promises to propel the continent into a new era…

30 May 2024 - Amethis Fund III will target companies supplying goods and services to low and middle-income populations in Africa.

30 May 2024 - Glovo, the global on-demand delivery service, continues to chart an ambitious path across Africa, even as it navigates complex economic landscapes. In an exclusive interview with Business Insider Africa, the co-founder of Glovo, Sacha Michaud, discussed…

30 May 2024 - Billions of dollars worth of gold is smuggled out of Africa annually, with most of it being exported to the United Arab Emirates for processing, according to a report by SwissAid.

30 May 2024 - Boeing is expected to deliver on Thursday a "comprehensive action plan" required by US air safety regulators after a near-catastrophic incident in January

30 May 2024 - NAIROBI, Kenya, May 30 – South Africa-based data science and artificial intelligence (AI) platform Zindi has entered into a partnership with tech firm Microsoft to advance AI upskilling across the African continent.  This groundbreaking collaboration,…

30 May 2024 - MAY 30 – The University of Copenhagen in Denmark has announced it will cease investments in companies operating in the occupied Palestinian territory of the West Bank, responding to student protests urging the institution to sever financial and…

30 May 2024 - MAY 30 – China’s economic growth is projected to “remain resilient” at 5 percent this year, driven by its strong first-quarter data and recent policy measures, the International Monetary Fund said on Tuesday after its team concluded a visit to the…

30 May 2024 - NAIROBI, Kenya, May 30 – Kenya’s budget transparency has improved amid institutional and policy interventions instituted by the government. The Institute of Public Finance (IFP), an independent think tank, Open Budget Survey 2023 shows that the country…

30 May 2024 - Both the 2023 final dividend and special dividend will be paid on or about 25th July 2024 to members.

30 May 2024 - NAIROBI, Kenya, May 30 – Menzies Aviation and Siginon Aviation have improved their temperature controlled pharmaceutical shipment capabilities in Kenya after receiving the International Air Transport Association’s (IATA) CEIV Pharma accreditation. The…

30 May 2024 - NAIROBI, Kenya, May 30 – 13 out of 364 ecosystem intermediaries will be trained and funded under a World Bank program to enhance SME training capabilities. The group was unveiled yesterday by the Kenya Industry and Entrepreneurship Program (KIEP). The…

30 May 2024 - MAY 30 – Law enforcement agencies from around the world have shut down a global malware network which stole $5.9bn (£4.65bn) and is linked to other crimes, the US Department of Justice (DOJ) has said. The DOJ partnered with the FBI and other…

30 May 2024 - NAIROBI, Kenya, May 30 – Businesses owned by women are more open to intra-African trade than male ones, a new survey shows, highlighting the need for market diversification. The research focused on trade-led industrialization featuring auto, personal…

30 May 2024 - If you are going for a logbook loan, you want to make sure that you land the best deal ever from your lender. After all, a loan always comes at a price, but the lower the total cost of credit, the easier and faster it will be to pay back the loan.

30 May 2024 - It’s 5 PM, and you are making your way home from work. Even if the day has been lengthy, it is not yet over. You still need to pick up your child from school or buy groceries for supper or accomplish a number of things before you can catch the bus or…

30 May 2024 - Everyone makes mistakes. Regardless of how much shame, grief, or agony they may inflict, every mistake we make helps us learn and grow, eventually making us better people. In fact, you should strive to make some mistakes while you are still young since…

30 May 2024 - Is it possible to survive in Nairobi without a monthly salary? Working a regular 8-5 job is popular because it offers predictability, stability and at times growth. But what happens on the other side of the divide?

30 May 2024 - Once you decide to start a family, which may take the form of a formal wedding, the popular route of ‘come-we-stay, or the birth of a child, this is a significant juncture in your financial journey that will necessitate changes. If you are not prepared…

30 May 2024 - Pay yourself first, save for a rainy day, build an emergency fund, save to invest, etc. the idea of saving money as a means to building financial security is not alien to anyone. The practice of saving consistently and putting the money in the right…

30 May 2024 - Are you tired of living paycheck to paycheck? Do you want to save up for a downpayment on a house, have a healthy savings account, get out of debt or diversify into long-term investments? This guide will teach you how to budget and save much more money…

30 May 2024 - Sidian Bank has been awarded at theThink Business Bank Awards 2024, where it was recognized for its Best Bank in Trade Finance – 1st Runner Up and The Bank with Lowest Tariff – 1st Runner Up. “The awards showcase Sidian Bank’s dedication to excellence…

30 May 2024 - TOPLINE As Israeli troops continue their progress in a ground offensive on the heavily populated city of Rafah in the Gaza Strip, a months-old campaign with the slogan “All Eyes on Rafah” has picked up steam, particularly in western Europe, Australia…

30 May 2024 - Lithium exploration is set to kick off in the West African country of Ghana. The license for the exploration has been granted to the Australia-based lithium-focused exploration and development company, Atlantic Lithium Limited.

30 May 2024 - Top 10 countries in Africa with the best logistics performance

30 May 2024 - BAGHDAD, May 29 (Xinhua) — Iraq exported about 102.38 million barrels of crude oil in April, the country’s Oil Ministry announced on Wednesday. During the month, about 100.92 million barrels were exported from oil fields in central and southern Iraq via…

30 May 2024 - LOS ANGELES, May 29 (Xinhua) — The Sun emitted a strong solar flare on Wednesday, peaking at 10:37 a.m Eastern Time, according to NASA’s Solar Dynamics Observatory. The observatory captured an image of the event, which was classified as X1.4. This solar…

30 May 2024 - NAIROBI, May 29(Xinhua) — KRA Commissioner General Humphrey Wattanga on Wednesday urged African countries to modernise their tax administrations and revenue collections despite governance deficits and illicit financial flows. The KRA boss spoke while…

30 May 2024 - Ruto, Gachagua attend national prayer breakfast

30 May 2024 - Levy will be used to fund the operations of the Agriculture and Food Authority.

30 May 2024 - CBK Governor Dr Kamau Thugge was commended for successfully stabilising markets and bolstering confidence in Kenya's economy.

30 May 2024 - Special dividend arises from the large gains the insurer has booked from the sale of majority stake from in its general insurance unit.

30 May 2024 - Menzies Aviation and Siginon Aviation, strategic partners that provide cargo handling services in Kenya, have been awarded the International Air Transport Association (IATA) CEIV Pharma accreditation for its recently expanded facility in Nairobi, Kenya…

30 May 2024 - The journalism community in Kenya is mourning the loss of KTN reporter Shadrack Mitty, a seasoned journalist who dedicated nearly a decade of his career to The Standard Group.

30 May 2024 - NTT DATA, a digital business and IT services leader, has been selected by Salesforce, the #1 AI CRM, to help standardise and streamline the company’s application environment.

30 May 2024 - Traders that fail to pay the levy face an interest rate of 25 percent on the outstanding amount for the first month in which the trader default.