Business

20 May 2025 - About 20,000 snakebites occur yearly, causing 4,000 deaths and 7,000 long-term injuries.

20 May 2025 - South Africa’s government is preparing to offer Elon Musk a special exemption from the country’s Black ownership requirements to allow his satellite internet service, Starlink, to operate within its borders.

20 May 2025 - Gender CS Cheptumo defends the Ministry’s budget for the year 2025/26.

20 May 2025 - “The season is going to blow your mind,” Connie Ferguson tells FORBES AFRICA a month before the release of the long-awaited Netflix South African drama series, Kings of Joburg. “I think at the core, Kings of Joburg is about family,” adds the popular…

20 May 2025 - Emergency vehicles speed advantage lies not in engines or gear ratios, but in purpose and urgency.

20 May 2025 - Apollo Mboya, a lawyer based in Nairobi, had asked the court to restrain the cement maker from selling 14 plots of land.

20 May 2025 - Africa has officially launched its first continental space agency in a major step toward improving climate resilience, satellite infrastructure, and data-sharing across the region.

20 May 2025 - NAIROBI, Kenya, May 20 – M-Pesa Foundation has committed Sh254 million for free medical services in 30 counties. The phase three of the project will be conducted over a period of 11 months. Already, the foundation has conducted medical camps in Kajiado…

20 May 2025 - MAY 20 – Investors might have hoped the turmoil that hit financial markets last month was over. But another bout of volatility in US borrowing costs is a sign that worries continue to bubble. The interest rate on the US government’s long-term debt…

20 May 2025 - NAIROBI, Kenya, May 20 – The number of fund managers in Kenya has reached 45 after the Capital Markets Authority (CMA) approved two new entities. They include Meridian Asset Management Limited and Swala Capital Limited. Moreover, the regulator has…

20 May 2025 - By all means, keep a stock, but use it and renew it. Rotate the stock...that has done no mileage at all! at least annually.

20 May 2025 - Topline All three major U.S. stock market indexes rose Monday afternoon, following an earlier selloff sparked by long-dated Treasury yields surpassing the 5% mark after the financial ratings agency Moody’s downgraded the U.S. government’s credit rating…

20 May 2025 - MaxAB-Wasoko, the retail e-commerce giant formed from last year’s merger of Egypt’s MaxAB and Kenya’s Wasoko, has announced the acquisition of Egyptian e-marketplace Fatura.

20 May 2025 - Kenya’s insatiable appetite to borrow has led to debt stock soaring.

20 May 2025 - MAY 20 – The world’s largest electric vehicle (EV) battery maker has seen its shares jump on their first day of trading in Hong Kong, as it made the biggest initial public offering (IPO) so far this year. China’s Contemporary Amperex Technology Co…

20 May 2025 -   NAIROBI, Kenya, May 20 – MaxAB-Wasoko, the merged retail e-commerce and supply chain platform, has acquired Egyptian e-marketplace Fatura from EFG Finance, a subsidiary of EFG Holding. As part of the transaction, EFG Finance will receive an equity…

20 May 2025 - May 20 – A Channel Islands business has signed a deal with the Kenyan government to enable staff to be recruited to work in the three UK Crown dependencies. The agreement between recruitment firm GR8 and the Kenyan government would pave the way for…

20 May 2025 - Andishi helps companies access, onboard, and integrate top-tier talent faster and more efficiently.

20 May 2025 - Algeria has secured a $3 billion loan package from the Islamic Development Bank to be disbursed over the next three years, aimed at accelerating key development initiatives.

20 May 2025 - By Lydia Owuor MAY 20 – Having worked in real estate law for fifteen years, when it comes to lease extensions, the most prudent approach is to apply for one at least five years before expiry. This rule of thumb exists for good reasons. There is a…

20 May 2025 - As African governments pursue ambitious development goals ranging from infrastructure renovations to expanded healthcare and education, several have turned to borrowing to meet their financial demands.

20 May 2025 - Beginning July 1 this 2025, some second-hand vehicle importers will pay less duty after the Kenya Revenue Authority (KRA) launches the new Transaction Value System for calculating import duty.

20 May 2025 - Kenya has firmly rejected U.S. concerns over its deepening ties with China, stressing that expanding its diplomatic and economic partnerships with Beijing does not represent a shift in allegiance.

20 May 2025 - MAY 20- Prime Minister Sir Keir Starmer has said it is time to move on from “political fights” about Brexit, as the UK and the European Union agreed to a major reset of relations. The UK and the EU have struck a deal that covers fishing, trade, defence…

20 May 2025 - NAIROBI, Kenya, May 20 – Google has rolled out AI Max for Search Campaigns, a new artificial intelligence-powered tool designed to help African businesses reach more customers online. Rolled out globally in open beta, AI Max improves ad performance by…

20 May 2025 - In this newsletter, we are covering the construction of new 20,000 affordable houses alongside the mega auction advertised by KUSCCO.

20 May 2025 - NAIROBI, Kenya, May 20 – Purple Dot International is set to launch the 14-storey Purple Tower along Nairobi’s Mombasa Road at the end of May, marking a shift toward more sustainable and tech-enabled commercial real estate in the city. The development…

20 May 2025 - In a bid to improve power distribution reliability and efficiency in the country, Kenya Power has partnered with Amotech Africa and global test equipment manufacturer Megger to roll out smart overhead line monitoring technology.

20 May 2025 - As of May 2025, diesel prices in several African countries remain a significant concern, putting strain on economies, sectors, and people.

20 May 2025 - Unfavourable terms compared to foreign firms have seen the institutions shun Public Private Partnerships.

20 May 2025 - Ghana, fresh from a tough debt restructuring process, is now locked in a dispute with the African Export-Import Bank (Afreximbank).

20 May 2025 - Although the production line is fully automated, continuous monitoring at each stage is essential to ensure precision.

19 May 2025 - Household items are increasingly being used as collateral to secure low-value loans because they are readily available, and for creditors, these items can easily be auctioned to recover...

19 May 2025 - Min-soo and Ji-young Kim are 67 and 65 years old respectively. They live in Incheon, South Korea. They don’t have children. They never felt like they could afford them. Both were lucky enough to work through the AI revolution of the 2030s. Min-soo as a…

19 May 2025 - Domestic debt has grown the fastest in the past year by 17 percent or an additional Sh890 billion to touch Sh6.12 trillion from Sh5.23 trillion a year ago.

19 May 2025 - When the KRA places a taxpayer or supplier on this so-called VAT Special Table, the system does not just freeze. It cripples.

19 May 2025 - Led by Muhoroni MP Onyango K’Oyoo, local legislators accused the government of rushing to hand over Chemelil and Muhoroni sugar companies to private investors without involving stakeholders.

19 May 2025 - The William Ruto-led administration has been seeking alternative sources of funds to plug the budget deficit.

19 May 2025 - The International Court of Justice (ICJ) on Monday ruled that Equatorial Guinea holds legal sovereignty over a cluster of small islands in the potentially oil-rich waters in the Gulf of Guinea. This ruling marks the end of a decades-long territorial…

19 May 2025 - Francisca Apondi allegedly received the cash to unprocedurally clear three trucks entering the country, with uncustomised goods without ascertaining whether the taxes due had been paid.

19 May 2025 - Foreign investors accounted for about 41 percent of the Nairobi Securities Exchange’s (NSE) weekly traded turnover, which rose by 82 percent to Sh3.25 billion.

19 May 2025 - The Kenya National Chamber of Commerce and Industry recently found businesses are dealing with up to 20 different clearances and permits, spending hundreds of thousands of shillings even before...

19 May 2025 - Many people are venturing into farming due to peer influence.

19 May 2025 - The current rhetoric of “decoupling” from China in Western capitals masks a more complex reality.

19 May 2025 - FRC observes that terrorists have embraced the use of social media platforms to mobilise for funding, as well as gravitated towards virtual assets.

19 May 2025 - For gardeners looking to reduce their reliance on sprays and chemicals, Ms Faiza shares some plants that offer an attractive alternative.

19 May 2025 - China was one of the top buyers of titanium minerals—ilmenite, rutile and zircon—whose last bulk shipment was made early February.

19 May 2025 - According to the recently released 2025 Economic Survey, 33.3 percent of the population was able to manage financial risks last year, up from 23.3 percent in 2021.

19 May 2025 - Globally, coffee industry is a $466 billion business, which embodies a contradiction of separate and unequal divide of global north and south.

19 May 2025 - Financial experts say comfort should be an important factor when planning for retirement.