Business

29 April 2025 - ELDORET, Kenya, April 29 – Two directors have been charged before the Eldoret Law Courts over an alleged tax evasion scheme involving Sh290.25 million, following an extensive investigation by the Kenya Revenue Authority (KRA). Jacquelyne Joy Buyanzi,…

29 April 2025 - LOS ANGELES, April 29 (Xinhua) — Amazon launched the first batch of satellites for its “Project Kuiper” on Monday, marking a key step in the company’s efforts to expand global broadband access. The satellites were launched aboard a United Launch…

29 April 2025 - NAIROBI, Kenya, April 28 – The World Travel & Tourism Council (WTTC) has unveiled its global Together in Travel initiative, aimed at empowering small and medium-sized enterprises (SMEs) in the travel and tourism sector. VFS Global has joined as a…

29 April 2025 - The foreign ministers of Burkina Faso, Mali, and Niger have supported a Moroccan initiative to provide them with access to Atlantic trade routes. This marks a significant shift in the geopolitical and economic landscape of West Africa.

29 April 2025 - NAIROBI, April 29 (Xinhua) — Kenya’s tea production declined 13.55 percent in the first two months of 2025, affected by unusually dry weather conditions, the Tea Board of Kenya (TBK) said on Monday. Willy Mutai, chief executive officer of the TBK,…

29 April 2025 - APRIL 29 – DHL has lifted a suspension it had imposed on deliveries worth more than $800 (£603) to the US after negotiating “adjustments” to customs rules. Earlier this month, the delivery giant said it had stopped such shipments to US shoppers “until…

29 April 2025 - NAIROBI, Kenya, April 29 – Kenya youth now account for 70 percent of the industry’s workforce, significantly surpassing the global average of 50 percent. Tourism and Wildlife Cabinet Secretary Rebecca Miano hailed the achievement as a reflection of…

29 April 2025 - In its Africa Pulse report, the shilling is reported to have appreciated by 20 per cent, which was the highest in the region.

29 April 2025 - This year, employees have been contributing Sh4,320 which is matched by employers.

29 April 2025 - The Kenya National Police DT SACCO (KNPDTS) has secured a solid vote of confidence in its financial performance, following the reaffirmation of its national issuer credit ratings by GCR Ratings, a respected Johannesburg-based agency.

29 April 2025 - The art of bespoke tailoring requires patience and resources, including the right tailor and good quality fabric.

29 April 2025 - The essence of Flavour Infusion is to simplify the cooking process while ensuring safety and quality.

29 April 2025 - The service will see the company support businesses of all sizes, including large corporates, SMEs, multinationals and innovators to find the right people in the city for implementing pilots and assessing their efficacy.

28 April 2025 - Senators question CS Kabogo on the allocated billions for the Universal Service Fund.

28 April 2025 - CBK says banks with a core capital base below Sh10 billion will likely freeze dividends to retain all of their profits in a bid to meet new capital requirements.

28 April 2025 - Betway joins a long list of companies that have either exited or plan to leave the Kenyan market, citing frustrations from the taxman.

28 April 2025 - The East African Community (EAC), a regional intergovernmental organization of six member states, is grappling with a severe financial crisis as members fail to pay their dues.

28 April 2025 - For the PPP vision to materialise, we must strengthen the fundamentals: deliver economically impactful projects, identify private partners through transparent processes, communicate project...

28 April 2025 - Celebrate the champions, nudge the resisters to catch up, and above all be role models yourselves.

28 April 2025 - NSSF has not published the annual reports for the last three financial years.

28 April 2025 - Alistair Cavenagh has secured a reprieve in a shareholding fight involving control of a company that runs the exclusive Vipingo Ridge Golf Resort.

28 April 2025 - CAK has allowed the transaction between Tamini Insurance S.A and underwriter Takaful Insurance.

28 April 2025 - Flame Tree disclosed a tax benefit of Sh74 million and “other operating income” of Sh293.5 million which was absent in the year before.

28 April 2025 - His base salary increased from Sh35.9 million to Sh50.4 million while the cash bonus rose from Sh15.3 million to Sh19.8 million.

28 April 2025 - Lender warns of risk of inflation and exchange rate volatility, on the back of global economic uncertainty after the US tariffs.

28 April 2025 - Garden Space is not just a place for plant lovers, it is a place for garden art collectors, landscaping enthusiasts and those who see their outdoor space as a personal image.

28 April 2025 - Havoc might be generic on paper, but Evans’ direction makes this one of the best movie on Netflix.

28 April 2025 - Film-centered events bring together stakeholders for postmortem and showcasing.

28 April 2025 - The expiration of President Donald Trump’s 90-day suspension of U.S. humanitarian aid on April 20 raised hopes for the return of crucial funding across Africa and other heavily impacted regions.

28 April 2025 - Russia's diplomatic efforts in Africa have reached new heights. Moscow is now strengthening its ties with Somalia, a strategically important country in the Horn of Africa. Mikhail Bogdanov, Russia's Deputy Foreign Minister for the Middle East and…

28 April 2025 - Every accredited auditor or accountant to generate a digital receipt as a signature to accompany the financial statements they sign off.

28 April 2025 - The importance of a robust and positive GDP growth rate in African countries cannot be stressed enough. It is a key indicator of economic health, suggesting development, increased affluence, and more opportunities for residents.

28 April 2025 - Two mother developed routines for managing eczema.

28 April 2025 - NAIROBI, Kenya, April 28, 2025 – Tourism and Wildlife Cabinet Secretary Rebecca Miano has called on the youth to reimagine and lead the transformation of the hospitality and tourism industry in East Africa, positioning it as a modern, entrepreneurial…

28 April 2025 - Namibia's Agriculture Minister Mac-Albert Hengari has been dismissed after being arrested on charges of raping a 16-year-old girl five years ago. This is the first major political scandal of the new government of President Netumbo Nandi-Ndaitwah.

28 April 2025 - WASHINGTON, April 28 (Xinhua) — Asia’s growth is slowing due to the ongoing trade tensions, Krishna Srinivasan, director of the IMF’s Asia and Pacific Department, has said, warning that low-income Asian economies could be hit particularly hard. On…

28 April 2025 - Besides debt swaps for food security, Kenya has also been considering debt-for-nature or climate swaps to unlock funds for dams.

28 April 2025 - From bean to brew, COFFEE IN TANZANIA is starting to reveal the hidden world of plant communication. Picture a cofee bean and you’ll probably think back to the bag you picked up from the artisanal shop to grind at home. You’ll tell your friends or…

28 April 2025 - Every Monday, Money254 will be publishing the prices of 10 basic products, including maize flour, rice, cooking oil, and eggs, and comparing prices across four major outlets to help you make a decision which deals to snatch. Here we compare the…

28 April 2025 - APRIL 28 – In Armenia tech education starts early. In a typical three-storey state school in the suburbs of Yerevan, the Armenian capital, nine-year old Slavik is demonstrating his invention – a box with three LED lights. “He has learned how to…

28 April 2025 - NAIROBI, Kenya, April 28  – The Competition Authority of Kenya (CAK) has approved a 65 percent acquisition of Takaful Insurance of Africa Limited’s issued share capital by Tamini Insurance S.A., a private limited liability company incorporated in…

28 April 2025 - Millers suspend operations as maize shortage in the country bites.

28 April 2025 - The concept of Unemployment Insurance Savings Accounts (UISAs), previously considered in the country, offers an interesting alternative model.

28 April 2025 - Parents lamented that they were unable to buy stationery and meet school fees as schools reopened on Monday, April 28 — an inconvenient date for many salaried individuals.

28 April 2025 - A failure to approach sustainability reporting holistically could result in severe consequences for an organisation and be very costly.

28 April 2025 - Johann Rupert, South Africa's richest man, had a considerable increase in his wealth in April compared to last month, consolidating his status as one of Africa's most influential industrialists.

28 April 2025 - Zimbabwe's central bank has resumed issuing gold coins, a move it had suspended 10 months ago.

28 April 2025 - NAIROBI, Kenya, April 28 – The Kenya Private Sector Alliance (KEPSA) has intensified its push for reforms in the Finance Bill 2025 to strengthen industrial resilience, improve tax efficiency, and enhance private sector involvement in national…

28 April 2025 - The United States has expressed interest in investing in Africa’s most ambitious gas pipeline project, which aims to connect Nigeria to Morocco.

28 April 2025 - DAR ES SALAAM, April 28 (Xinhua) — Tanzania reversed the ban on agricultural imports from Malawi and South Africa two days after the East African nation imposed the restriction, citing ongoing diplomatic engagements and hopes for a long-term…