16 October 2023
- During the week, liquidity in the money market exhibited stability, as the average interbank rate remained predominantly constant at 12.10%. In parallel, the average traded volumes witnessed an increase of 16.36%, ascending to KES 31.0bn, from the…
16 October 2023
- Kenya’s national carrier, Kenya Airways (KQ) has recently been crowned as the winner of Africa’s Leading Airline for its Economy Class Service and Inflight Magazine (Msafiri) at the World Travel Awards 2023. This is the 5th year Kenya Airways has…
16 October 2023
- Kuramo Capital Management, an investment management firm with a focus on Sub-Saharan Africa (SSA), plans to invest $150 million (Ksh. 22 billion) in supporting female-led enterprises over the next 10 years, under the Moremi Platform an initiative to…
16 October 2023
- Safaricom (NSE: SCOM) has launched Safaricom Hook, a new platform that seeks to empower the youth by leveraging the power of technology. Focusing on three key hooks; technology, career, and culture, the platform aims to nurture and support the…
16 October 2023
- Absa Bank Kenya has today launched a new digital platform, Wezesha Stock that aims to boost inventory management and trading for small and medium enterprises (SMEs). Wezesha Stock, which is a real-time digital platform, will automate stock financing…
16 October 2023
- A total of 174 students from Amabuko Secondary School in Masaba, Kisii County, were on Monday rushed to the hospital due to diarrhea and vomiting symptoms according to school Principal Rawlings Juma. The students were rushed to Keroka Sub-County…
16 October 2023
- NAIROBI, Kenya, Oct 16 – The Kenya International Convection Centre (KICC) owes numerous state agencies millions of shillings in unpaid debts. They owe KICC Sh742 million, with a big chunk coming from conference facilities. For instance, the National…
16 October 2023
- NAIROBI, Kenya, Oct 16 – Kenyans will now be forced to pay money for government services across all Huduma Centers if the plans by the State Department of Public Service, Performance and Delivery Management are actualized. Public Service,…
16 October 2023
- Chaos as security teargassed teachers who were protesting against the decision by the Teachers Service Commission (TSC) to interdict them. Teachers had been deceived by TSC to sign letters of transfer from North Eastern due to insecurity. The…
16 October 2023
- ISLAMABAD, Oct. 16 (Xinhua) — Pakistan’s Anti-Narcotics Force (ANF) conducted multiple operations in different areas of the country, seizing over 100 kg of drugs and arresting three smugglers, the ANF said on Monday. During the anti-narcotics…
16 October 2023
- NAIROBI, Kenya, Oct 16 – Esther Njeri Ngari has been confirmed as the chief executive officer (CEO) of the Kenya Bureau of Standards (Kebs) by Trade Cabinet Secretary (CS) Rebecca Miano. The quality standard agency boss will serve for a period of…
16 October 2023
- The globalization of African sound has never been more exponentially evident than what we are witnessing now. The innovators behind this moment and momentum have proven that the popularity of the sound stems not only from the genre but from the…
16 October 2023
- LG Electronics East Africa has expanded its retail network by opening a new Brandshop at T-mall, Nairobi bringing the total number of its brand shops in the country to five. Additionally, they’ve launched the smart Laundromat at the same location,…
16 October 2023
- Kuramo Capital Management, an investment management firm with a focus on Sub-Saharan Africa (SSA), plans to invest $150 million (Ksh22 billion) in supporting female-led enterprises over the next 10 years.
16 October 2023
- BEIJING, China – Oct 15 – Kenya has taken a significant step toward improving the reliability, efficiency, and modernization of its power system with the signing of an agreement with China’s Energy International Group. The signing ceremony was held…
16 October 2023
- Kenya Revenue Authority (KRA) has committed to collaborate with the Eastleigh Business District Association in a bid to bolster tax outreach and awareness initiatives for enhanced compliance and revenue mobilization. Speaking during a Leadership…
16 October 2023
- SYDNEY, Oct. 16 (Xinhua) — Workers at Chevron Australia’s liquefied natural gas (LNG) facilities are expected to resume their strikes on Thursday, as talks between the unions and the energy giant failed in the deal-finalization phase. The Offshore…
16 October 2023
- NAIROBI, Kenya, Oct 16 – Traders and individuals are set to lose their gadgets as the Kenya Revenue Authority (KRA) seeks to sell them over tax non-compliances. Some of the gadgets to be auctioned include smartphones, laptops, and e-cigarettes. The…
16 October 2023
- NAIROBI, Kenya, Oct 16 – About seven in ten Kenyans are willing to invest in electric vehicles (EVs) to combat the effects of climate change, a new report reveals. A survey, which involved 30,000 respondents in 39 markets globally and was conducted…
16 October 2023
- The Ministry of Education has issued a new circular dated 13th October 2023 addressed to County and Sub County Directors that shows primary and secondary schools will close early for the third term break. Initially, schools were scheduled to close…
16 October 2023
- 72.1% of Kenyans are willing to invest in electric vehicles to combat climate change. This is according to a survey conducted by Global Technology Company Epson annually, dubbed the Epson Climate Reality Barometer. This year’s survey, which gathered…
16 October 2023
- Africa Collective, the independent, business-driven network dedicated to creating a platform for exchange and action on African topics, is scaling up its presence in Davos, Switzerland, during the week of the World Economic Forum (WEF) Annual…
16 October 2023
- Safaricom (NSE: SCOM) has in partnership with Kitui County launched the MyCounty app platform aimed at digitizing county services for more efficient operations and increased revenue collection. The platform will offer services such as payment for…
16 October 2023
- South Africa | Flutist, producer, and composer Spotify Monthly Listeners: 16.8K YouTube Total Average Views: 13 Million SOCIAL MEDIA NET WORTHInstagram: 13.1K Twitter: 14.7K Facebook: 99K Words and Curation: Chanel Retief|Art Director: Lucy Nkosi |…
16 October 2023
- There is an urgent need to support small and medium enterprises (SMEs) within and without Africa for them to gain sustainability and climate change resilience. This is according to the Regional CEO of East & Southern Africa – Ebele Ogbue of…
16 October 2023
- SEOUL, Oct. 16 (Xinhua) — South Korea will extend fuel tax cuts by the end of this year on worry about geopolitical risks in the Middle East, the country’s finance minister said Monday. Minister of Economy and Finance Choo Kyung-ho told an emergency…
16 October 2023
- BULAWAYO, Zimbabwe, Oct. 15 (Xinhua) — Zimbabwe’s tourism sector is poised for a major boom, following the upgrading of the country’s major airports with enhanced passenger handling capacity. The country’s tourism and aviation officials shared their…
16 October 2023
- NAIROBI, Kenya, Oct 16 – President William Ruto is currently in China, where he is expected to pitch Kenya’s infrastructure development opportunities to Chinese enterprises. Ruto, who is attending the Third Belt and Road Forum in Beijing, China,…
16 October 2023
- NCBA Bank was named among the top employers by the Federation of Kenya Employers (FKE) during this year’s Employer of the Year Awards, beating other giants even though it was the first time the lender was featured at the awards. “As first-time…
16 October 2023
- Of all the government programmes set for implementation during the second year of the William Ruto administration, affordable housing will perhaps come under the most intense public scrutiny.
16 October 2023
- The Kenya Revenue Authority (KRA) is already contacting businesses that are suspected to be evading taxes after the more than 1,000 revenue service assistants were deployed to tighten inspection...
