15 May 2024
- NAIROBI, Kenya, May 15 – Cases of harassment and debt shaming by digital lenders have declined by 75 percent, coming on the back of the enactment of the Central Bank Amendment 2021 into law. The Office of the Data Protection Commissioner (ODPC) and the…
15 May 2024
- LONDON, May 15 (Xinhua) — The summer of 2023 was the warmest Northern Hemisphere summer over the past 2,000 years on record, said a new study published in the journal Nature on Tuesday. Combining observed and reconstructed surface air temperatures from…
15 May 2024
- NAIROBI, Kenya, May 15 — Kenya has exempted Zimbabweans from the USD30 fee paid by foreigners seeking Electronic Travel Authorization (eTA) to enter the country. Zimbabwe’s Ministry of Foreign Affairs and International Trade confirmed the decision,…
15 May 2024
- MEXICO CITY, May 15 (Xinhua) — Michelin Guide unveiled on Tuesday its Guide of Mexico of 2024 in which 18 restaurants were picked as Michelin-starred. Michelin Guide entered Mexico for the first time, indicating the Mexican cuisine has won more…
15 May 2024
- NAIROBI, Kenya, MAy 15 – The Communications Authority of Kenya (CA) today unveiled its 5th 2023-2027 strategic plan, which seeks to ensure digital access for Kenyans by enabling a sustainable digital society through responsive regulations. According to…
15 May 2024
- 2024 has been an interesting year so far, with companies breaking global barriers, attracting investment, and addressing the multiple needs of a rapidly growing population. At the heart of these successes are visionary CEOs whose leadership, innovation…
15 May 2024
- DIB Bank Kenya (DIBBK), a wholly owned subsidiary of Dubai Islamic Bank PJSC (the largest Islamic bank in the UAE), announced its results for the period ending March 31, 2024.
15 May 2024
- Nigeria, often referred to as the "giant of Africa," is well-known for both its thriving music scene and rich cultural legacy. Nigerian music has transformed over the last few decades from its traditional origins to become a worldwide force that affects…
15 May 2024
- NAIROBI, Kenya, May 15 – President William Ruto plans to nearly double Kenya’s average tax rate before his term ends. Speaking during a meeting with Harvard University students at State House Nairobi yesterday, the Head of State outlined his vision of…
15 May 2024
- Del Monte Kenya Ltd., a leading producer of fresh fruit has established a plant that will turn the company’s pineapple residues into biofertiliser.
15 May 2024
- NAIROBI, Kenya, May 15 – In the face of mounting climate change challenges, the insurance industry in Kenya is stepping up its efforts to mitigate associated risks and bolster resilience. Recognizing the urgent need for action in a country vulnerable to…
15 May 2024
- The report showed a state of flux in the credit market, shaped by macroeconomic shifts, consumer behaviour changes and technological advancements.
15 May 2024
- NAIROBI, Kenya, May 15 – The Departmental Committee on Finance and National Planning has invited the public and stakeholders to submit their written views on the Finance Bill 2024 by Monday, March 18, 2024, at 5 p.m. In a statement on Wednesday, the…
15 May 2024
- NAIROBI, Kenya, May 15 – IBM, a global hybrid and AI expert, has announced the availability of its software portfolio under AWS Marketplace in Kenya and other African countries such as Tanzania, Gabon, and Ethiopia, among others. AWS Marketplace is a…
15 May 2024
- NAIROBI, Kenya, May 15 – Betting company Betsafe has announced its exit from the Kenyan market amid heavy taxation. In an email, the firm confirmed to Capital Business that it had ceased its operations as of yesterday. ”The message is genuine,” the firm…
15 May 2024
- Most home buyers sought lower-segment houses in the year 2023 even as real estate developers grappled with a sustained overall decline in housing prices for most part of the year.
15 May 2024
- MAY 15 – China has slammed the United States for “bullying” and “trampling on market economy principles”, dismissing US Treasury Secretary Janet Yellen’s recent remarks about China’s new energy sector. In an interview with Marketplace news site…
15 May 2024
- CASIO Middle East and Africa FZE, the regional subsidiary of CASIO Computer Co. Ltd, the leading technology company, has opened its second CASIO G-SHOCK store in Kenya and first in Mombasa, as it looks to tap into the growing watches and jewellery…
15 May 2024
- Gabon's deposed President Ali Bongo and his two sons have begun a hunger strike, claiming they are being subjected to "acts of torture and barbarity," according to the family's lawyers.
15 May 2024
- NAIROBI, Kenya, May 15 – More listings and liquidity are signs that Kenya’s financial market is starting to grow. But local traders and individual investors will need to do more in order to transform their economic future and the lives of others, argues…
15 May 2024
- NAIROBI, Kenya, May 15 – DIB Bank Kenya, a subsidiary of Dubai Islamic Bank, has posted its first gross profit since launching operations in Kenya in 2017. In the three months ended March 31, 2024, the lender’s profit before tax improved to Sh6.3…
15 May 2024
- MAY 15 – The cargo ship Dali lost electrical power several times before it crashed into the Francis Scott Key Bridge in March, killing six people and paralyzing a major transportation artery for the US, Northeast, federal investigators said on Tuesday.…
15 May 2024
- Private infrastructure investment has enormous potential for addressing the infrastructure deficit in low- and middle-income nations, particularly African countries. This is why it has been a key area of focus for foreigners looking to invest in the…
15 May 2024
- Private infrastructure investment has enormous potential for addressing the infrastructure deficit in low- and middle-income nations, particularly African countries. This is why it has been a key area of focus for foreigners looking to invest in the…
15 May 2024
- Data Commissioner says the reduction in complaints against financial service providers is due to the introduction of a regulatory framework by CBK.
15 May 2024
- After earning your trust, they ask if you can help them by sending the money - either directly to their phone or to one of the herdsmen. They promise to return the money when making the payment for your car. If the target sends the money, the con trick…
15 May 2024
- TOPLINE Novo Nordisk’s weight loss injection semaglutide — the ingredient inside its wildly popular drugs Ozempic and Wegovy — could slash the risk of heart attacks and strokes whether patients lose weight when taking it or not, according to new…
15 May 2024
- By Gerald Maithya NAIROBI, Kenya, May 15 – Africa is often hailed as the birthplace of some of the world’s most exciting tech startups. From Cape to Cairo, small businesses across the continent have become catalysts for change, helping to drive economic…
15 May 2024
- TOKYO, May 15 (Xinhua) — Tokyo police plan to refer to prosecutors an 18-year-old man for allegedly using camera-equipped smart glasses to cheat on an entrance exam at Waseda University, local media reported on Wednesday. The Tokyo resident, who was a…
15 May 2024
- SAN FRANCISCO, May 14 (Xinhua) — Google unveiled on Tuesday its latest innovations to its AI model series Gemini at the company’s annual developer conference Google I/O 2024. The company announced the private preview of a new version of Gemini 1.5 Pro,…
15 May 2024
- NAIROBI, Kenya, May 15 – The COMESA Competition Commission has warned its member states against the sale of a false batch of cancer medicine identified as Herceptin 440 mg (Trastuzumab 440mg) reported to have penetrated the Kenyan market. This comes…
