Business

12 May 2024 - As reported by Egypt’s state-affiliated Alqahera News satellite TV, the North African country of Egypt has refused to cooperate with Israel on the flow of supplies into Gaza from the Rafah border owing to Israel’s “unacceptable escalation”. A senior…

12 May 2024 - The World Bank is poised to disburse Nigeria a $2.5 billion loan as soon as possible. The nation expects to get the loan shortly after its approval, which could be as soon as June. Given the country's economic struggles throughout the last year, this…

12 May 2024 - Calls on counties increase source revenues, allocate more to urban development initiatives.

12 May 2024 - Plans to go into accommodation.

12 May 2024 - Jumia, Africa’s leading e-commerce platform, has announced the appointment of Vinod Goel, as Regional CEO East Africa.

12 May 2024 - TOPLINE Israeli singer Eden Golan advanced to the final round of the Eurovision song competition and will sing later Saturday, as thousands of pro-Palestinian demonstrators continue to protest in the event’s host city of Malmo, Sweden, calling for…

12 May 2024 - May 12 – Stronger than expected growth at the start of the year saw the UK emerge from recession. The economy grew by 0.6% between January and March, the fastest rate for two years, official figures showed. The UK fell into recession at the end of last…

12 May 2024 - NAIROBI, Kenya, May 12 – Kenyans are set to brace themselves for tough times ahead following the proposed 16 percent VAT on bread, which will see the price of the commodity skyrocket. According to the new proposal by the National Treasury under the…

12 May 2024 - The benchmark Murban Oil prices declined to $83.28 per barre

12 May 2024 - The dramatic mid-flight blowout on January 5 of a fuselage panel on an Alaska Airlines plane precipitated the departures of a series of top Boeing officials including CEO Dave Calhoun.

12 May 2024 - The China-Africa Economic and Trade Expo in Africa (Kenya) 2024 ended Saturday in Nairobi with participants renewing a call for increased Sino-Africa business relationship

12 May 2024 - May 12 – Hundreds of climate protesters have clashed with police in Germany after attempting to storm the Tesla factory near Berlin. Several people were injured, including three police officers, during Friday’s demonstration against the proposed…

12 May 2024 - NAIROBI, May 11 (Xinhua) — Kenya on Saturday issued a public alert warning against sale of a false batch of cancer medicine that poses immense health risks to civilians. Fred Siyoi, the chief executive officer of the Pharmacy and Poisons Board, a state-…

12 May 2024 - By Robert Kibaara NAIROBI, Kenya, May 12 – If you were to conduct a vox pop on people’s source of inspiration or success, no doubt you would find that a large number attribute this to their mothers. The immense influence that mothers wield in society…

12 May 2024 - BY ELSA LUNANI NAIROBI, Kenya, May 12 – The season of soccer thrills is drawing to a close, with K’Ogalo, as Gor Mahia FC is fondly called by its diehard supporters, already asserting its authority as the winner of the Kenya Premier League (KPL) 2023/…

12 May 2024 - Mali's leadership has proposed postponing democratic elections for three years and extending the tenure of military leader Assimi Goita. This move would allow him to stay in power and potentially run for president in the upcoming election.

12 May 2024 - Government eyes an additional Sh323 billion in taxes in the coming financial year.

12 May 2024 - After numerous sessions at the Africa Fertiliser and Soil Health Summit, it became clear that agribusiness could transform farming in Africa into a sustainable livelihood for millions.

12 May 2024 - Insurance, therefore, is not a foreign concept to Africans in general and Kenyans in particular. It was, and remains, part of the African political economy.

12 May 2024 - In the prevailing circumstances, the foremost question on our minds should address what it will take to make our parastatals more viable.

11 May 2024 - The excise on mobile airtime, data charges has also been raised to 20pc in the new Finance Bill.

11 May 2024 - In an enlightening interview, Adrian Fielding, Director of the AFRICA CEO FORUM, delves into the forum's vision and strategic initiatives designed to reshape Africa’s economic landscape. With extensive experience in strategy and communications and a…

11 May 2024 - The Finance Bill 2024 proposes a new method of calculating excise on beer.

11 May 2024 - The Finance Bill 2024 proposes a new method of calculating excise on beer.

11 May 2024 - It has proposed a 20 per cent excise duty on mobile and bank transactions in the Finance Bill, 2024.

11 May 2024 - Parliamentary committee says 17 parcels of land are either idle or lacking title deeds.

11 May 2024 - Currently, only those aged above 65 years access pension without paying tax.

11 May 2024 - Currently, only those aged above 65 years access pension without paying tax.

11 May 2024 - Purchases of motorcycles declined to the lowest levels in at least 14 years due to high prices.

11 May 2024 - HANOI, May 11 (Xinhua) — Jewelry stores in Vietnam have been crowded with customers looking to buy gold as prices kept soaring to an all-time high of over 90 million Vietnamese dong (3,536 U.S. dollars) in recent days, VnExpress reported. A store on Cau…

11 May 2024 - NAIROBI, Kenya, May 11 – The State Department for Diaspora Affairs is seeking to establish a Kenya-Diaspora Skills Transfer Program for Kenyans living abroad. The program will provide a platform for Kenyans based abroad to be consulted on various…

11 May 2024 - Purchases of motorcycles declined to the lowest levels in at least 14 years due to high prices.

11 May 2024 - The price of a 400g loaf will rise by upwards of Sh10.

11 May 2024 - The price of a 400g loaf will rise by upwards of Sh10.

11 May 2024 - If Parliament adopts the drafted Bill it will increase the tax from the current 12.5 per cent.

11 May 2024 - The Bill introduces 2.5 per cent annual tax on the value of vehicles, set at a minimum of Sh5,000.

11 May 2024 - If Parliament adopts the drafted Bill it will increase the tax from the current 12.5 per cent.

11 May 2024 - The Bill introduces 2.5 per cent annual tax on the value of vehicles, set at a minimum of Sh5,000.

11 May 2024 - SYDNEY, May 11 (Xinhua) — The Australian government announced on Saturday that the country will stop exporting live sheep by sea from May 1, 2028, while unveiling a package of 107 million Australian dollars (71 million U.S. dollars) to help the industry…

11 May 2024 - NAIROBI, Kenya, May 11 – Kenya and China have agreed to work together to promote tourism cooperation between one another. The pact that was unveiled during the China-Africa (Kenya) Culture and Tourism Promotion and Cooperation Fair seeks to deepen…

11 May 2024 - Vinod who takes over the mantle from Charles Ballard for Kenya business will manage both Kenya and Uganda as direct CEO as the firm seeks to expand growth and synergise the two EAC markets.

11 May 2024 - NAIROBI, Kenya, May 11 – CCI Global, Africa’s business outsourcing firm, yesterday opened a Sh6.6 billion ($50 million) call centre at Tatu City in Ruiru, Kiambu County. Housed in a five-storey building in the 5,000-acre Special Economic Zone (SEZ), the…

11 May 2024 - The process of buying chemicals every week to contain the situation was financially draining, and some abandoned the venture, but with biocontrol.

11 May 2024 - Epra passes on the savings from lower forex costs as shilling strengthens.

11 May 2024 - NAIROBI, Kenya, May 12 – Trade and Industry Cabinet Secretary (CS) Rebecca Miano has lauded the commencement of the construction of a 250-kilometer road to bitumen standard, connecting Antananarivo and Toamasina in Madagascar, saying it will boost the…

11 May 2024 - NAIROBI, Kenya, May 11 – The Electric Mobility Taskforce Kenya has called for the development of a financial model that will assess the cost-benefit analysis for Kenya to transition over time from internal combustion engine vehicles (ICEVs) to electric…

11 May 2024 - KUALA LUMPUR, May 10 (Xinhua) — Malaysia, the world’s second largest palm oil producer, saw its palm oil stocks rise 1.85 percent from the previous month to 1.74 million tons in April. The Malaysian Palm Oil Board (MPOB)’s data showed on Friday that the…

11 May 2024 - NAIROBI, Kenya, May 11 – Opera Mini has announced that it has stopped free data campaigns in Kenya following new regulations from the Betting Control and Licensing Board (BCLB). In a statement, Opera stated that the recent decision of the BCLB to cease…

11 May 2024 - Bovine ephemeral fever rarely kills and most deaths are due to injury if the animal attempts too hard to stand up

11 May 2024 - Kamau Kiarie is the CEO of East African Educational Publishers. Underneath that patina of meticulous philosopher, lies a lover.