29 January 2024
- NAIROBI, Kenya, Jan 29 – The Kenya Electricity Transmission Company (Ketraco) will connect the recently named RIWA Special Economic Zone (SEZ) in Homa Bay with 132 kilovolt (kV) power once the load picks up. Sitted in West Karachuonyo, the 532-acre…
29 January 2024
- NAIROBI, Kenya, Jan 29 – The Public Procurement Regulatory Authority has debarred Jofrim E.A. Company Limited from participating in future government tendering processes for breaching procurement practices. In a Gazette notice, National Treasury and…
29 January 2024
- NAIROBI, Kenya Jan 29 – In the quest for resolutions that inspire personal growth and societal impact, a Kenyan university lecturer and entrepreneur, Festus Maina, has set his sights on a mission: impacting people on investing and fostering…
29 January 2024
- NAIROBI, Kenya, Jan 29 — German pharmaceutical firm Bayer East Africa has been named 2024 Top Employer in both Kenya and South Africa for demonstrating exceptional Human Resource practices. The firm registered key achievements in the Top Employer…
29 January 2024
- COLOMBO, Jan. 29 (Xinhua) — A Sri Lankan fishing trawler, together with its six crew members, which was hijacked by Somali pirates in the Arabian Sea on Saturday, was rescued by the Seychelles Coast Guard, said the Sri Lankan navy on Monday. Gayan…
29 January 2024
- National Treasury says Kenya’s debt repayment reached Sh600.73 billion in the period to December 2023.
29 January 2024
- A report released in June 2023 shows that Kisii and Nyamira registered the highest water loss rates at 77 per cent each.
29 January 2024
- According to the Institute of Public Finance (IPF) in its latest Macro Fiscal Analytical Snapshot Report, Kenya's economy finds itself in a tight spot following years of successive borrowing.
29 January 2024
- London says Nairobi has imposed high import duty on some of its products.
29 January 2024
- Nigeria’s economy since last year has been in a free fall. The country’s inflation rate has consistently been on the rise as it's currency continues to fall against the dollar. As a result, Nigeria in December experienced an all-time high in…
29 January 2024
- COLOMBO, Jan. 29 (Xinhua) — Sri Lanka’s Foreign Ministry has reached out to countries around where Somali pirates seized the multi-day fishing vessel from the South Asian nation, State Minister of Foreign Affairs Tharaka Balasuriya told journalists…
29 January 2024
- KISUMU, Kenya, Jan 29 – A Kisumu human rights crusader on housing has declined to appear before the joint National Assembly housing and finance committees conducting public participation on affordable housing levy. Lawrence Apiyo, a member of the…
29 January 2024
- NAIROBI, Kenya, Jan 29 – Kenya is at risk of not meeting its economic growth targets in the medium term as the country grapples with high debt and a deteriorating macroeconomic operating environment. Data from the Institute of Public Finance’s (IPF’…
29 January 2024
- In the year ended June 2023, Kenyans traced and recovered Sh4.5 billion in cash from the Authority as a result of the increased campaigns.
29 January 2024
- China and Tanzania have just inked a Sh25 billion ($9.7 million) deal. The deal which was signed between the Ngorongoro Conservative Authority and the Chinese government aims to continue with the development of the Ngorongoro Lengai Geopark Project…
29 January 2024
- Road congestion is a major problem globally, and the bustling streets of major African cities are becoming synonymous with gridlock, usually caused by poor management of traffic flow, weak enforcement, and inadequate infrastructure.
29 January 2024
- African passports are weak. Do you know you can get a second passport with the right amount?
29 January 2024
- UFAA has rolled out reunification clinics and campaigns aimed at encouraging members of the public to check unclaimed financial assets that could have been surrendered to the Authority in their name and are now sitting in UFAA’s database.
29 January 2024
- NAIROBI, Kenya, Jan 29 – The Ethics and Anti-Corruption Commission (EACC) has shed light on a worrying trend where senior county officials exploit students on attachment to embezzle public funds. Investigations by the anti-graft agency have…
29 January 2024
- NAIROBI, Kenya, Jan 29 – The Ethics and Anti-Corruption Commission (EACC) has shed light on a worrying trend where senior county officials exploit students on attachment to embezzle public funds. Investigations by the anti-graft agency have…
29 January 2024
- On Sunday, President William Ruto jetted out for Rome, Italy, to participate in the Italy Africa Summit, according to State House spokesperson Hussein Muhammad. This trip is notably the 48th international trip the President has undertaken…
29 January 2024
- NAIROBI, Kenya, Jan 29 – The Eastern Africa Grain Council (EAGC) has been awarded Sh324 million ($2 million) to boost the export of grain products in Kenya and other East African countries. The USAID’s Economic Recovery and Reform Activity (ERRA)…
29 January 2024
- Kenya’s oil fallout with Uganda late last year has amounted to an estimated $200 million loss. New data shows that the loss extended for three months, as Uganda opted for an alternative oil partner in October 2023. Both East African countries had an…
29 January 2024
- WELLINGTON, Jan. 29 (Xinhua) — New Zealand’s annual goods exports were valued at 68.7 billion NZ dollars (41.9 billion U.S. dollars) in the year ending December 2023, down 4.5 percent from the year ending December 2022, according to the statistics…
29 January 2024
- NAIROBI, Kenya, Jan 29 – Businesses setting up shop in Homa Bay County will enjoy preferential treatments such as lower taxes following the gazettement of the first Special Economic Zone (SEZ) in the area. The 532-acre SEZ in Riwa in West…
29 January 2024
- The number of loans taken for education purposes increases by nearly 50% during the back-to-school period.
29 January 2024
- NAIROBI, Kenya, Jan 29 – The government has asked private security companies to submit guarantees for their commitment to uphold the minimum wage for employees. In a notice letter sent to private security firms, Private Security Regulatory Authority…
29 January 2024
- TOPLINE The head of the United Nations agency providing humanitarian aid to Palestinian refugees on Saturday denounced a move by a growing number of countries to pull funding for the agency following allegations by Israel that some of its staffers…
29 January 2024
- The African Continental Free Trade Area (AfCFTA), designed to ramp up trade within Africa and bolster the continent's global trade standing, faces a fresh hurdle, following the news of the withdrawal of Mali, Niger and Burkina Faso from the Economic…
29 January 2024
- BANGKOK, Thailand, Jan 29 – In the latest dialogue between senior officials of the two sides, Beijing has called on Washington to “support China’s peaceful reunification”, and the two sides made detailed plans and paved the way for official contacts…
29 January 2024
- HONG KONG, China, Jan 29 – Global economies are not facing financial crisis any time soon, but the weak link of commercial property should draw scrutiny, said Nobel Laureate in Economic Sciences Douglas W. Diamond. Many small and medium-sized banks…
29 January 2024
- NAIROBI, Kenya, Jan 29 – The uptake of school loans has increased in Kenya over the last four years amid tough economic times. Tala’s latest data on loan applications shows that student loans went up by about 50 percent between 2019 and 2023.…
29 January 2024
- The UK-Kenya Economic Partnership Agreement allows UK products such as whiskies, cars and car parts to be charged a levy of 25 per cent.
29 January 2024
- The reserves currently held are now equal to 3.75 months of import cover.
29 January 2024
- Experts propose the setting up of an affordable housing revolving fund.
29 January 2024
- UK has made an official complaint over the higher import duty Kenya charged on some of its products.
29 January 2024
- Manufacturers have overtaken traders as the biggest defaulters of loans.
29 January 2024
- Manufacturers have overtaken traders as the biggest defaulters of loans.
29 January 2024
- At least 36 companies are interested in tapping into the Kenyan wine industry.
29 January 2024
- Financial consultant Erastus Omolo has been re-appointed to serve on the Crowe Global board.
29 January 2024
- Kenya plans to commission its first plant by 2035 with a site already identified at the Coast. Agencies mandated to spearhead the programme seek collaboration with other sector players.
29 January 2024
- Official says Tea Board of Kenya met on January 26 and approved the factory's license. New satellite factory projected to ease congestion at the main milling plant.
29 January 2024
- The nexus between capital efficiency and the effectiveness of digitisation and related enterprise technology investments are major concern for many a business executive and boards today.
29 January 2024
- President William Ruto's administration is walking a tightrope in the delivery of quality and affordable healthcare.
29 January 2024
- Unsurprisingly, one of the most common New Year resolutions is to lose weight after the excesses of the festive season.
29 January 2024
- KRC has lost an appeal seeking to overturn a judgment directing it to pay Sh217 million to Telkom Kenya Limited.
29 January 2024
- Smartphones assembled at the Safaricom factory in Athi River will be up to 30 percent cheaper than imported ones.
29 January 2024
- John Kibunga Kimani raised his stake in Safaricom by 8.64 million shares to 27.7 million units.
29 January 2024
- Betavolt’s ground-breaking prototype battery capable of powering smartphones for up to 50 years without the need for additional charge has elicited excitement among industry players and consumers...
29 January 2024
- Tana River Governor Dhadho Godhana has suspended a revolving fund established in 2022.