27 January 2024
- Africa could be viewed as the economic center of the world given its vast natural resources and human capital. While this fact is hardly reflected in the continent’s current economic outlook, Africa’s growth potential, as evidenced by its rank as…
27 January 2024
- EABL says multiple excise tax increases in Kenya and inflation have exacerbated consumer prices and have particularly impacted price-sensitive consumers.
27 January 2024
- The effects of the depreciation of the Kenyan currency is taking a toll on local manufacturers who rely on the importation of raw materials.
27 January 2024
- Africa is a diversity powerhouse with 54 recognized countries and over 2,000 spoken languages. Each country has its own set of traditions, rituals, music, dance, and art.
27 January 2024
- By Priscilla Gathungu NAIROBI, Kenya, Jan 27 – The year 2024 will be pivotal for the global food service industry, with major shifts in sustainability, customer preference, and technology expected to impact the operations of restaurants, hotels, and…
27 January 2024
- KHOST, Afghanistan, Jan. 27 (Xinhua) — The first-ever commercial flight opened from the Khost International Airport to Al Ain, the United Arab Emirates (UAE), on Friday, the local television Tolonews reported on Saturday. Two flights are scheduled…
27 January 2024
- NAIROBI, Kenya, Jan 27 – President William Ruto has underscored the pressing issue of unemployment as an existential threat to Kenya, emphasizing the need for cooperation among leaders across the three arms of government to tackle this critical…
27 January 2024
- You will soon have to pay to use major roads in the country, Transport Cabinet Secretary (CS) Kipchumba Murkomen has said.
27 January 2024
- The project will be done in three phases, capturing the product development, commercialization and off taking from farmers.
27 January 2024
- The Ministry of Investments, Trade, and Industry has formed a committee that will be tasked with addressing obstacles hindering both Foreign and Domestic Direct Investments, particularly in the aftermath of the discontinuation of the World Bank Ease…
27 January 2024
- The Nigerian government has disclosed plans to regulate the country’s tobacco market. The government emphasized the need to regulate the tobacco industry in line with best practices and Nigerian laws. This subject was thoroughly discussed during an…
27 January 2024
- SAN FRANCISCO, Jan. 26 (Xinhua) — Alaska Airlines on Friday announced the plan of returning 737 MAX 9 jets to flight for the first time since an accident on Jan. 5. The planes were grounded after the midair blowout of a door plug on an Alaska…
27 January 2024
- NAIROBI, Jan. 26 (Xinhua) — Kenya sought new markets for its tea to cushion itself from declined sales among some traditional buyers due to uncertainties that include war. The Tea Board of Kenya (TBK), in a report released on Friday in Nairobi, the…
27 January 2024
- The country has been plunged into in blackouts that have lasted for over 10 hours.
27 January 2024
- NAIROBI, Jan. 26 (Xinhua) — Kenya sought new markets for its tea to cushion itself from declined sales among some traditional buyers due to uncertainties that include war. The Tea Board of Kenya (TBK), in a report released on Friday in Nairobi, the…
27 January 2024
- Households across the country are struggling to make ends meet.
27 January 2024
- The government is extending a raft of tax and non-tax benefits to investors.
27 January 2024
- Relief for retail investors who would have shouldered the Sh100 monthly burden.
27 January 2024
- The scarcity of locally sourced inputs increased the brewer’s cost of sales by 21 percent to Sh37 billion.
27 January 2024
- EABL has reported an 18% increase in beer uptake compared to 11% in the spirits category.
27 January 2024
- Established under Roads Act 2007, Kenha is tasked with the management of national trunk roads across the country.
26 January 2024
- With the country’s electric vehicle market in the spotlight, an industry expert speaks to FORBES AFRICA about the complex tariff and trade dynamics shaping its import duties. What drives the tariffs of imported vehicles into South Africa? Currently…
26 January 2024
- Kuramo Capital has applied to Comesa for approval to raise its stake to 74 per cent. Equity investor last year injected Sh3.2 billion to help firm avoid defaulting on bond.
26 January 2024
- NAIROBI, Kenya, Jan 26 — The Federation of Kenya Employers (FKE) has asked its membership to stop further Housing Levy deductions in light of a Court of Appeal decision ending a stay on execution of High Court orders rendering it unlawful. In an…
26 January 2024
- The Federation of Kenya Employers says it will continue to monitor developments on the housing levy matter.
26 January 2024
- Advisory came after the appellate court declined to extend an order allowing the government to continue collecting the levy.
26 January 2024
- Ghana has announced plans to implement a policy enabling visa-free entry for all African visitors to the country by the close of 2024.
26 January 2024
- TOKYO, Jan. 26 (Xinhua) — The operator of Japan’s crippled Fukushima nuclear power plant, Tokyo Electric Power Company (TEPCO), has announced a plan to release around 54,600 tons of nuclear-contaminated water from the facility into the ocean in…
26 January 2024
- The number of mortgage accounts in the country averages 27,000 yet the country needs in excess of 200,000 units annually to accommodate the shortage.
26 January 2024
- Workers in Kenya will now access their hard earned wages before their payday in a new move aimed at tackling the pressing issue of employee financial stress.
26 January 2024
- High food inflation causes tremendous problems for individuals, communities, and nations as a whole, particularly in Africa, given its status as a developing country. Vice versa, low food costs allow an economy to run more smoothly given that people…
26 January 2024
- NAIROBI, Kenya, Jan 26 – A multi-agency team yesterday seized contraband milk products in Eastleigh and Embakasi, Nairobi, as the fight against smuggled goods gained pace. The exercise, which saw dairy products worth Sh3 million nabbed, also…
26 January 2024
- Shipments from South Africa’s biggest coal export facility fell to their lowest levels in over three decades in 2023 due to disruptions in rail transportation affecting shipments from mines.
26 January 2024
- NAIROBI, Kenya, Jan 26 – Women-led start-ups are set to access funds under a new deal between Village Capital and Standard Chartered Bank. The pact, which seeks to address the gender financing gap, targets early-stage, impact-focused start-ups. “For…
26 January 2024
- OTTAWA, Jan. 25 (Xinhua) — Canadian Trade Minister Mary Ng Thursday afternoon expressed Canada’s disappointment at Britain’s decision to pause the bilateral free trade talks. Ng told reporters in Ottawa that she is “very confident” that the two…
26 January 2024
- Pornographic, AI-generated images of the world’s most famous star spread across social media this week, underscoring the damaging potential posed by mainstream artificial intelligence technology: its ability to create convincingly real and damaging…
26 January 2024
- NAIROBI, Jan. 25 (Xinhua) — Kenya on Thursday put up for sale an infrastructure bond worth 70 billion shillings (about 430 million U.S. dollars) — the largest ever in recent terms — as the government ramps up borrowing from both domestic and…
26 January 2024
- Kenya has affirmed that it will continue to uphold its longstanding tradition of recognising One China, with Beijing as its capital.
26 January 2024
- Justice Mwita rules National Security Council has no legal mandate to deploy police officers outside Kenya.
26 January 2024
- Tanzania and Cuba have both decided to double down on their burgeoning economic relationship. On Wednesday, both nations concluded that they should continue cooperating in certain industries including education, agriculture, tourism, and health.…
26 January 2024
- NAIROBI, Kenya, Jan 26 — The Court of Appeal has declined two government applications seeking to suspend the November 28 High Court judgement declaring the Housing Levy unconstitutional pending the determination of an ongoing appeal. A three-judge…
26 January 2024
- NAIROBI, Kenya, Jan 26 – The Court of Appeal has declined two government applications seeking to suspend the High Court declaration finding the Housing Levy unconstitutional pending the determination of an ongoing appeal. A three-judge bench of the…
26 January 2024
- Twiga Foods and Incentro Africa on 23rd January 2024 announced a renewed and strengthened partnership, following a breakthrough in the resolution of a historical dispute between them.
26 January 2024
- NAIROBI, Kenya, Jan 26 – Kenya has been enlisted by Sama for the implementation of an artificial intelligence (AI) multi-cloud connectivity. The new integrations with AWS, Microsoft Azure, and Google Cloud storage solutions will allow Sama offices,…
26 January 2024
- TOPLINE As shares of Tesla sank 13% Thursday, a day after the company reported missed estimates in its fourth-quarter earnings, the net worth of its centibillionare CEO Elon Musk dropped by more than $18 billion, though he remains the richest person…
26 January 2024
- GUANGZHOU, China, Jan 26 – Two more cities in China — Changzhou in eastern coastal Jiangsu province and coastal city Yantai in eastern Shandong province — joined the trillion yuan city club when they announced their GDP exceeded 1 trillion yuan ($…
26 January 2024
- NAIROBI, Kenya, Jan 26 – The government has affirmed its commitment to revising the taxation system, aiming to encourage more Kenyans to enter the manufacturing industry. This was announced by Juma Mukhwana, Principal Secretary for the State…
26 January 2024
- Three-judge bench rules that public interest tilts in favour of not granting the order sought by the government.
26 January 2024
- The Kenyan Shilling, one of Africa’s worst-performing currencies in 2023, recently experienced a gain of 0.73 percent against the US dollar. The currency has not had this sort of gain in over 3 years, as the Shilling went from 161.36 on Monday to…
26 January 2024
- Court of Appeal rules that public interest tilts in favour of not granting the order or the suspension sought by the government.