Business

24 May 2025 - The European Union is reinforcing its commitment to Africa’s economic development with a €40 million investment aimed at modernizing the Douala N’Djamena trade corridor.

24 May 2025 - NAIROBI, Kenya, May 24 – Kenyan tycoon Julius Mwale has scored a major legal victory after a U.S. federal court in the Southern District of New York dismissed a Sh220 million lawsuit filed against him and his wife, Kaila Mwale. The case, brought by…

24 May 2025 - Salome Nanjala, a former teacher, transformed her initial farming struggles into a success story.

24 May 2025 - The shortfalls will delay projects, the PSs say.

24 May 2025 - Kitui is dry but the region has fertile and productive soils... We can turn Kitui into a food basket.

24 May 2025 - A growing number of Kenyans are travelling to Barbados for leisure and work.

24 May 2025 - NAIROBI, Kenya, May 24 – Tatu City and Stanbic Bank Kenya have entered a partnership aimed at simplifying home ownership for Kenyans and diaspora investors through accessible property financing options. Under the agreement, buyers can access up to 105…

24 May 2025 - MAY 24 – The European Union’s trade chief said the 27-member bloc is committed to securing a trade deal with the US based on “respect” not “threats”. It comes after US President Donald Trump threatened to slap a 50% tariff on all goods sent to the US…

24 May 2025 - NAIROBI, Kenya, May 24 – Kenya is targeting a 27 percent increase in tourist arrivals from Uganda this year, aiming to grow the number to 300,000 visitors by December 2025. The move builds on existing strong cultural and logistical ties, with improved…

24 May 2025 - Due to sustained pressure from the CBK, most banks have been lowering their lending rates in line with the policy cuts.

24 May 2025 - Relying solely on your salary is risky with retirement just 12 years away - start budgeting for personal growth.

23 May 2025 - Court of Appeal judges say Equity is in a position to repay the money and any damages caused should EA Cables' appeal be successful.

23 May 2025 - The industry’s average performance continues to be weighed down by Telkom Kenya’s score.

23 May 2025 - Bitcoin soared to a record-high of $111,944 on May 23, just days before the Bitcoin 2025 conference prepares to make history. Set to take place in Las Vegas from May 27 to 29, Bitcoin 2025 will reportedly be the world’s largest-ever Bitcoin event with…

23 May 2025 - African applicants lost nearly €60 million ($67.5 million) in non-refundable Schengen visa fees in 2024, according to data from LAGO Collective, a London-based research group tracking global mobility.

23 May 2025 - African applicants lost nearly €60 million ($67.5 million) in non-refundable Schengen visa fees in 2024, according to data from the LAGO Collective, a London-based research group tracking global mobility.

23 May 2025 - The world’s second biggest airport retail operator, Lagardère Travel Retail (LTR), is expanding its footprint in Africa by entering its seventh country on the continent.

23 May 2025 - In this newsletter, we are covering the new proposals by Nairobi County that will see motorists pay Ksh1,000 per day to access some areas of the city.

23 May 2025 - The Nigerian city saw a 11.6-fold increase in enterprise value, reaching $15.3 billion and producing five unicorns, placing it ahead of 287 cities across 69 countries. Lagos, Nigeria’s commercial capital, has emerged as the world’s number one rising…

23 May 2025 - Topline Harvard University filed a lawsuit against the Trump administration Friday, less than 24 hours after the Department of Homeland Security blocked the university’s ability to enroll international students, marking the institution’s second federal…

23 May 2025 - New data from the National Treasury shows that the total pending bills fell from Sh539.9 billion at the end of December last year to Sh421.6 billion.

23 May 2025 - MAY 23 – US President Donald Trump has hosted top purchasers of the cryptocurrency that bears his name at a gala dinner, in an event that protesters and his Democrat opponents branded as “corrupt”. $TRUMP was launched shortly before his inauguration in…

23 May 2025 - NAIROBI, Kenya, May 23 – Stakeholders will have an opportunity to raise their concerns on the development of a luxurious eco-camp at the Ngong Forest. The Kenya Forest Service (KFS) County Forest Conservator Margaret Wanjiru said the exercise will be…

23 May 2025 - Despite stricter checks by the 27-nation trading bloc, earnings from sales of fresh vegetables surged last year

23 May 2025 - Ghana could generate up to $12 billion annually from small-scale gold production if output doubles as planned, according to Sammy Gyamfi, CEO of the Ghana Gold Board.

23 May 2025 - It scored 67.6 percent, failing to meet the minimum KPI threshold of 80 percent.

23 May 2025 - South Africa is preparing to ease local ownership requirements for Starlink and other foreign satellite service providers, following high-level diplomatic engagements with the United States.

23 May 2025 - When it comes to marriage, later-born children are less likely than their firstborn siblings to marry early, particularly after the age of 17.

23 May 2025 - In 2024, African countries faced significant hurdles in obtaining Schengen visas, with several nations recording some of the highest rejection rates globally.

23 May 2025 - Africa has welcomed a new addition to its exclusive circle of dollar billionaires, bringing the continent’s total to 23.

23 May 2025 -  LUANDA, May 23 (Xinhua) — Angola has a diamond stock valued at over 15 million U.S. dollars, equivalent to approximately the first five months’ production in 2025, the executive director of the state-owned diamond company ENDIAMA, Domingos Margarido,…

23 May 2025 - NAIROBI, May 20, 2025 – Over 720,000 refugees in Kenya face deepening food insecurity as the World Food Programme (WFP) warns of a severe funding crisis, forcing the agency to slash food rations and suspend all cash assistance from June. The cuts mark…

23 May 2025 - NAIROBI, Kenya, May 23 – Kenya’s State Department for Technical and Vocational Education and Training (TVET) is implementing major reforms to reposition the sector as a key driver of job creation and inclusive growth under the government’s Bottom-Up…

23 May 2025 - LONDON, May 23 (Xinhua) — Public borrowing in the United Kingdom (UK) surged to 20.2 billion British pounds (27.07 billion U.S. dollars) in April, marking the fourth-highest level since monthly records began in 1993, official data showed Thursday. The…

23 May 2025 - As detailed in the Nairobi City County (Taxi Cab Permit) Regulations of 2025, all persons in the taxi business will be required to register with a Sacco or be attached to a taxi-hailing company.

23 May 2025 - Standard Chartered Bank has ramped up efforts to tap into Kenya’s high-net-worth segment with the launch of a new wealth advisory campaign targeting affluent clients.

23 May 2025 - NAIROBI, Kenya – May 23 – Three Kenyan startups—Solar Freeze, Farmer Lifeline, and Pollen Patrollers—have been shortlisted for the prestigious Qualcomm Make in Africa 2025 program, joining a competitive cohort of ten innovators from across the continent…

23 May 2025 - As Moscow deepens its economic footprint across Africa, Russian Railways is setting its sights on four key countries poised to become hubs in a new era of transcontinental connectivity.

23 May 2025 - Topline Footwear and apparel titan Nike will soon increase prices on some of its products, according to multiple outlets, issuing the price hikes as President Donald Trump’s sweeping tariff policy impacts the larger retail industry—though the company…

23 May 2025 - MAY 23 – One cent coins will stop being produced in the US next year, the Treasury Department has confirmed. It marks the phasing out of the coins, commonly known as pennies, which have been in circulation for more than two centuries. President Donald…

23 May 2025 - NAIROBI, May 23 (Xinhua) — Kenya on Thursday called for more inclusive and context-sensitive financing of the agriculture system in Africa to boost food production amid climate change effects. Musalia Mudavadi, Kenya’s prime cabinet secretary and…

23 May 2025 - May 23 – Indians are the second-largest buyers of luxury properties in Dubai after high-net-worth individuals (HNWIs) from Saudi Arabia, according to a new report by global property consultancy Knight Frank. British nationals ranked third. The report…

23 May 2025 - By Njeri Jomo NAIROBI, Kenya, May 23 – In the race to build performance-driven organisations, we often overlook the one resource no business can function without the mental wellbeing of its people. We audit our finances, stress-test our systems, and…

23 May 2025 - Epra says the majors overcharge dealers on rent and other undisclosed fees.

23 May 2025 - The United States has announced sanctions against Sudan following the determination that the Sudanese military used chemical weapons during the country's ongoing civil war.

22 May 2025 - Aliko Dangote, Africa's richest man, has revealed that the Federal Government of Nigeria earns as much as 52 kobo from every N1 generated by his cement company.

22 May 2025 - The gist of their case is that the proposed constitutional changes require a public referendum and currently Kenya lacks a law governing the conduct of a referendum.

22 May 2025 - Amaco's rise emerged after a period that saw the insurer get locked in several court cases that prompted auctioneers to move in for its assets amid cases of defaulting on claims.

22 May 2025 - The country’s outstanding purchases and loans to the IMF stood at Sh518.1 billion ($4 billion) as of March 31, 2025.

22 May 2025 - In an application filed in court under certificate of urgency on Thursday, the MPs argue that public interest overwhelmingly favours the continuation of the approval process.