31 January 2024
- NAIROBI, Kenya, Jan 31 – Unpaid government Pending bills stood at Sh145.5 billion as of January 30, 2024, amid difficulties by the state to clear arrears owed to private and government businesses. The Pending Bills Verification Committee said today…
31 January 2024
- On Sunday, January 28, 2024, the military governments of Burkina Faso, Mali and Niger jointly announced their exit from the Economic Community of West African States (ECOWAS).
31 January 2024
- Following the confirmation by agency’s board, she will now hold the office for a period of three years effective January 31, 2024.
31 January 2024
- NAIROBI, Kenya, Jan 31 – SasaPay has introduced a new tool that enables users, including merchants, to automatically transfer funds to bank accounts daily, weekly, or monthly. The SasaPay Auto-Settlement feature significantly reduces the need for…
31 January 2024
- NAIROBI, Kenya, Jan 31 – Cut rose flowers from Kenya and Ethiopia will be scrutinised more before accessing the European Union market. According to the Fresh Produce Exporters Association of Kenya, the flowers will be checked 25 percent more…
31 January 2024
- The youngest airline fleet in the world is currently that of Taiwanese operator Starlux.
31 January 2024
- KNBS says the rise is mainly on the back of price changes in food, energy and transport
31 January 2024
- DODOMA, Tanzania, Jan. 31 (Xinhua) — The Global Fund to Fight AIDS, Tuberculosis and Malaria has agreed to provide 606.9 million U.S. dollars in grants to help Tanzania fight the epidemics, the Tanzanian Finance Ministry has said. Grant agreements…
31 January 2024
- Luxury cars have long been associated with first-class experiences, grand weddings, high-profile events, government officials, elites, and entrepreneurs.
31 January 2024
- NAIROBI, Kenya, Jan 31 – The Kenya Revenue Authority (KRA) will work with the Institute of Certified Public Accountants of Kenya (ICPAK) to promote professionalism in handling tax matters, streamlining tax processes, and enhancing compliance efforts…
31 January 2024
- The new year is upon us and there is no time like now to work on renewing your financial-related resolutions. Whether you plan to save more, invest more, or improve your financial literacy, there are a lot of institutions and resources both online…
31 January 2024
- Equity has launched its Fuliza equivalent, known as Boostika. Fuliza has been a successful product by M-Pesa. In 2023, Ksh502.6 billion was transacted through Fuliza. This article highlights everything you need to know about Boostika.
31 January 2024
- Do you have an existing loan and need additional funds? Top-up loans might be one of the options on the table. This article will explore everything you need to know about them.
31 January 2024
- Improving yourself financially will require you to elevate your thinking. One of the ways to do that is through education. How, then, can you go about investing in your financial education?
31 January 2024
- The ruling effectively means that from Friday, January 25, the government has no legal basis to make the housing levy deductions where employees contribute 1.5% of their gross salary and employers required to match a similar amount. However, the…
31 January 2024
- From the revelation that Kenya is now spending more than half of its revenue on debt servicing, to the imminent fate of stalled government projects, compensation foe El Nino victims, CBKs dollar purchases and Kenyans spending less on highly taxed…
31 January 2024
- FedEx connects Kenyan tea producers to the world with its comprehensive and reliable shipping solutions.
31 January 2024
- IMF’s tough conditions aimed at reforming Kenya Power have irked influential politicians and powerful cartels.
31 January 2024
- Kenya's president William Ruto gave his approval to Italy's plan for enhanced collaboration with Africa, citing it as a demonstration of Europe's sincere interest in the continent, even amid concerns about the limited initial funding.
31 January 2024
- Never mind the recent rally, for a decade the crypto industry has been selling the promise of decentralization, a new financial system without middlemen, but many blockchain projects have recreated the very elements they tried to overthrow, and…
31 January 2024
- SAN FRANCISCO, Jan. 30 (Xinhua) — Microsoft announced Tuesday its revenue grew 18 percent to 62 billion U.S. dollars in the quarter ending Dec. 31, 2023, tallying its best-ever quarterly revenue for the fifth straight quarter. The company generated…
31 January 2024
- NAIROBI, Kenya, Jan 31 – British multi-national Diageo has appointed Anne Michira as the new Director of Marketing and Innovations for South, West, and Central (SWC) Africa. Michira joins the outfit from East African Breweries Limited (EABL), where…
31 January 2024
- NAIROBI, Kenya, Jan 31 – The Kenya Union of Savings and Credit Cooperatives (Kussco) will be investigated for allegedly handling cash. Simon Chelugui, the Co-operative, Small, and Medium Enterprises Development Cabinet Secretary (CS), said that the…
31 January 2024
- One of Ethiopia’s most precious artifacts "Tsehai" that was taken away by Italy has been returned. The East African country’s first manufactured airplane was returned by Italy on January 30th. The aircraft was received by Ethiopia’s prime minister…
31 January 2024
- Kenya’s consumer prices in January rose at the fastest pace in four months to 6.9 percent.
31 January 2024
- In a worrying turn of events, the Naira has continued its downward spiral, reaching an alarming record low of N1,4900 per dollar on the official market. This situation is unprecedented, marking the lowest point in the Naira's historical performance…
31 January 2024
- The purchasing power of Kenyans has seen a significant decline owing to some economic challenges. In the past year, citizens of the East African country have been faced with rising commodity prices, while their incomes stagnated. As a result,…
31 January 2024
- NAIROBI, Kenya Jan 31 – The Ethics and Anti-Corruption Commission (EACC) detectives have apprehended a Tana River administrator in connection with selling relief food meant for residents. The anti-graft agency said that its detectives apprehended an…
31 January 2024
- A Delaware state court judge has thrown out the 2018 pay package that helped to make Tesla CEO Elon Musk one of the richest people in the world.
31 January 2024
- NAIROBI, Kenya, Jan 31 – Kenya’s inflation surged slightly to 6.9 percent this month, buoyed by rising costs of transport, housing, electricity, and food. The Kenya National Bureau of Statistics (KNBS), in its latest data, shows that the monthly…
31 January 2024
- The State agreed not to interfere with his firearms licence.
31 January 2024
- SAN FRANCISCO, Jan. 30 (Xinhua) — Alphabet Inc., Google’s parent company, on Tuesday reported its 2023 fourth-quarter revenues at 86.31 U.S. billion dollars, up 13 percent from the same period of 2022. Among the entire quarterly revenue, a total of…
31 January 2024
- NAIROBI, Kenya, Jan 31 – Sasini last year reduced its workforce by 267 as the adoption of technology, including mechanized tea plucking, took up manual jobs. The agricultural firm’s latest annual financial report shows that its employee numbers…
31 January 2024
- NAIROBI, Jan. 30 (Xinhua) — “It is not uncommon for a country to create a railway, but it is uncommon for a railway to create a country,” Sir Charles Eliot, then commissioner of British East Africa, made the bold statement in 1903. Eliot, “who…
31 January 2024
- Young companies that fed-off established entities and multiple countries where they are now thriving.
31 January 2024
- Egyptian billionaire Naguib Sawiris has criticised the prolonged delay in implementing a much-anticipated devaluation of the pound in the northern country.
31 January 2024
- Wesley Manambo, a Research Analyst at Standard Investment Bank discusses 2024 investment opportunities.
31 January 2024
- By Mwyne Peter NAIROBI, Kenya, Jan 31 – As Africa embraces the digital era, the corporate landscape is changing, presenting a fertile ground for technical developments. However, with these advancements comes new concerns—cybersecurity threats. Due…
31 January 2024
- Touché Cosmetics makes beauty products from plant-based oils and overripe fruits and vegetables.
31 January 2024
- SEOUL, Jan. 31 (Xinhua) — South Korea’s tech firm Samsung Electronics saw a double-digit fall in last year’s earnings as weaker global demand for locally-made semiconductors led to a deficit in the chip-making division, the company said Wednesday.…
31 January 2024
- First tranche of the Sh4bn fund approved by Cabinet to benefit 221,382 farmers from 24 counties .
31 January 2024
- NAIROBI, Kenya, Jan 31 – It is every child’s dream to chase their aspirations. Unfortunately, poor vision has prevented certain school-going children in Kenya from achieving their aspirations, particularly those from marginalised areas. Not only has…
31 January 2024
- SEOUL, Jan. 31 (Xinhua) — South Korea’s tech firm Samsung Electronics saw a double-digit fall in last year’s earnings as weaker global demand for locally-made semiconductors led to a deficit in the chip-making division, the company said Wednesday.…
31 January 2024
- This comes after authorities lifted three-year self-imposed ban on shipments.
31 January 2024
- Bayer has announced plans to outsource its distribution and customer support operations for pharmaceutical products.
31 January 2024
- The government is replacing the 58-year-old NHIF with the Social Health Authority.
31 January 2024
- Public servants made away with Sh605.1 million in the financial year ended June 2023.
31 January 2024
- NCBA, Co-operative, and Stanbic banks have won the lucrative deal to keep pension contributions held by PSSS.
31 January 2024
- Public servants made away with Sh605.1 million in the financial year ended June 2023.
31 January 2024
- Kenya has yet to start exporting mangoes to the European Union.