Business

30 May 2022 - In the current restructuring, regional TV news programmes in Oxford and Cambridge are also among the services being scrapped merging with the BBC’s Southampton and Norwich operations.

30 May 2022 - “We are projecting the y/y inflation rate for May 2022 to fall within the range of 6.7 – 7.1 percent,” said Cytonn Investments in their latest weekly report. The inflation will be shaped by: Increasing fuel prices – Fuel prices for the period 15th May…

30 May 2022 - Traders at the Mombasa tea auction are side-lining expensive Kenyan tea because of the reserve price of $2.43 (Sh283) per kilogramme set by the government,

30 May 2022 - TOPLINE Outbreaks across Europe and North America of monkeypox—a rare virus not normally found outside parts of Africa— have governments spooked and scrambling to secure supplies of treatments and vaccines to contain the disease. KEY FACTS Bavarian…

30 May 2022 - 50 women living with fistula-related complications in Tharaka Nithi County will receive free surgeries and medical advice at a week-long free Fistula Camp at Chuka County Referral Hospital. This camp is in celebration of International Day to End…

30 May 2022 - The National Bank of Ethiopia has began tweaking the country's banking regulations in a move aimed at allowing foreign banks and Fintechs to start operations

30 May 2022 - The Kenyan shilling depreciated by 0.2 percent against the US dollar to close the week at 116.7 shillings from 116.4 shillings recorded the previous week, partly attributable to increased dollar demand from the oil and energy sectors. Key to note, this…

30 May 2022 - Oil prices climbed on Monday, hitting their highest in more than two months, as traders waited to see if the European Union would reach an agreement on

30 May 2022 - T-bills were undersubscribed, with the overall subscription rate coming in at 54.4 percent, down from 116.3 percent recorded the previous week. The dipping of the T-Bills was partly attributable to the tightened liquidity in the money market with the…

30 May 2022 - Purple Dot International Ltd at last week unveiled the new EDGE-certified Purple Tower to industry stakeholders, including investors and tenants, who are set to make material savings on utility costs in the Ksh2.5 billion mixed-use commercial project in…

30 May 2022 - Kenya’s private sector has contributed a total of Ksh 6.4 billion to the national tree growing campaign, in an effort to further demonstrate the sector’s

30 May 2022 - Households increased borrowing from banks by 7.5 per cent

30 May 2022 - CBK data offers a sneak-peek into Kenyans' banking culture and income inequality.

30 May 2022 - The East African regional real estate sector experienced a positive recovery in 2021 and continues with this momentum in 2022.

30 May 2022 - Decision to set reserve price of Sh283 per kilogramme working against deal.

30 May 2022 - Fresh Produce Consortium Kenya, the leading organization committed to promoting the production and supply of high-quality fresh horticultural produce in Kenya, has created an avocado and banana digital communication and marketing strategy. The strategy…

30 May 2022 - Bank of Tanzania(BoT) is set to have Sauda Kassim Msemo as Deputy Governor after being appointed to that position by President Suluhu Samia. This appointment

30 May 2022 - Rivian Automotive, Inc- an American electric vehicle manufacturing startup, has seen the departure of Kenyan Charly Mwangi as one of its top executives.

30 May 2022 - Standard Group Plc reduced its loss before tax to KSh 22m for year ended 31st December 2021 compared to a loss before tax of KSh 434.4m over a similar period

30 May 2022 - The Copyright Board has said it will reintroduce registration charges On July 1, 2022. The Kenya Copyright Board said registration will remain free for the

30 May 2022 - Only 2.65 percent of Kenya’s 66.3 million bank accounts held more than Sh100,000 last year, reflecting Kenya’s growing income inequality.

30 May 2022 - Banks in Kenya restructured loans amounting to KSh 423.6 million, or 13 per cent of total banking sector loans, by the end of June 2021, according to the

30 May 2022 - This will be a departure from the current requirement that demands applicants to seek clearance with the EACC ahead of applying for jobs in government.

30 May 2022 - A 2kg packet of maize flour that sold for Sh90 last July now sells for Sh148.

30 May 2022 - The sector has gross profits rose to 197 billion

30 May 2022 - Revital Healthcare manufactures non-electric respiratory device to help save neonates.

30 May 2022 - Kenya produces over 240,000 tonnes of avocado, but only 85 tonnes is for export. Sale of immature avocados said to be a major challenge at the international market.

30 May 2022 - Maize farmers in parts of the North Rift are staring at huge losses as destructive fall armyworms invade their farms. The pests are destroying maize plantations.

30 May 2022 - Global warming and climate change have contributed to a green consumer revolution with more people buying goods they consider less harmful.

30 May 2022 - Business sustainability is more essential trouble for small and medium-sized enterprises.

30 May 2022 - The proposal to hold assets suspected to be proceeds of crime for up to three months is reasonable.

30 May 2022 - The move will see KTB, the convention bureau, Kenya Export Promotion and Branding Agency and TRI Brand Kenya merged. The new entity will be under Trade Ministry.

30 May 2022 - Statistics have it that every electoral cycle around 70 percent of the elected leaders do not get reelected.

30 May 2022 - Nairobi has a series of master plans, policies and so on that cover the city’s plans in the coming years.

30 May 2022 - The Treasury has rationalised the ministry’s development spending due to low absorption of donor-funded projects.

30 May 2022 - The US government is looking beyond a delayed trade deal with Kenya to expand commercial ties between the two countries.

30 May 2022 - The Ministry of Housing opines that the provision of new houses is skewed toward high and upper-middle-income households.

30 May 2022 - Our reform process was botched from day one when we refuse blatantly to listen to teachers before embarking on the process.

30 May 2022 - Oasis Doctors Plaza won the bid to operate the hospital that has been an annex of Jaramogi Oginga Odinga Teaching and Referral Hospital.

30 May 2022 - I&M Group Plc has disclosed that the Tax Appeals Tribunal in March ruled in the subsidiary’s favour over a Sh231.22 million excise duty dispute.

30 May 2022 - The African Development Bank (AfDB) will continue financing natural gas projects despite environmental lobbyists claiming degradation.

30 May 2022 - Six banks have received approvals for risk-based lending and only Equity Bank has come to say it secured regulatory clearance.

30 May 2022 - Climate-related risks refer to the potential negative impacts of climate change on an organisation.

30 May 2022 - The Zimbabwean was employed by Shelter Afrique in July 2018 for a contract of five years.

30 May 2022 - Kenya Power is one of the beneficiaries of an Sh86.95 billion State loan tapped from two international lenders.

30 May 2022 - It’s not hard to know if a director is prepared for a board meeting because you will see whether they are asking questions whose answers are on page three of the board pack.

30 May 2022 - Traders at the Mombasa auction are sidelining expensive Kenyan tea because of the reserve price of $2.43 (Sh283) per kilogramme.

30 May 2022 - Dubbed Top 40 Club, they will be holding fireside chats with speakers after the launch last week.

30 May 2022 - Co-op Bank has indicated that it will pay a higher dividend for the year ending December when it expects its earnings to have grown substantially.

29 May 2022 - The logistics firm is expecting another 55 buses by the end of the year