05 January 2024
- OPEC basket price shows crude closed the first trading session of 2024 at 76.87 per barrel.
05 January 2024
- Nigeria's naira and the Kenyan and Ugandan shillings are expected to weaken in the next week to Thursday, while Ghana's cedi and Zambia's kwacha could be steady, traders said.
04 January 2024
- Being the birthplace of some of the world’s most brilliant and artistic exports, Africa has produced numerous influential people who stand out globally in their respective fields. This is made evident in the sheer number of African names that have…
04 January 2024
- The value of imports to Kenya over the three months reduced 1.6 per cent, according to official government data, to Sh648.6 billion from Sh659 billion over a similar quarter in 2022.
04 January 2024
- Being the birthplace of some of the world’s most brilliant and artistic exports, Nigeria has produced numerous influential people who stand out globally in their respective fields. This is made evident in the sheer number of Nigerian names that have…
04 January 2024
- Lead times on purchased items were shortened for the third month running.
04 January 2024
- State agencies among them KRA and Kebs have also termed his demise a big loss.
04 January 2024
- Carrefour (CARR.PA) is telling customers it will no longer sell PepsiCo products like Pepsi, Lay's crisps and 7up because they had become too costly, in the latest tug-of-war over prices between retailers and global food giants.
04 January 2024
- Central to this growth of any economy are seaports. These ports serve as gateways to global trade and play a pivotal role in shaping the economic relationship the world shares. In Africa, this is no different. From the bustling port cities of Lagos…
04 January 2024
- Egypt is gearing up to invest billions in doubling the dimensions of a lavish new capital being constructed in the desert, situated 45 km (28 miles) east of Cairo.
04 January 2024
- Racing enthusiasts enter into co-ownership arrangements that entitle them to a share of winnings while supporting growth of the sport.
04 January 2024
- BEIJING, Jan. 4 (Xinhua) — The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 5 pips to 7.0997 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange…
04 January 2024
- KISUMU, Kenya, Jan 4 – A Kisumu High Court has issued orders barring the newly appointed Chemelil sugar factory Managing Director Moses Kiprop from taking over office after a farmer moved to court to challenge his appointment. Kiproo was recently…
04 January 2024
- NAIROBI, Kenya, Jan 4 – Senate Housing Committee Chair Karung Thangwa and his Manyatta MP Gitonga Mukunji have said that they won’t allow the judiciary to derail President William Ruto’s housing and health agendas through corruptly obtained court…
04 January 2024
- NAIROBI, Kenya, Jan 4 – Exports of goods from Kenya to Uganda grew in the first 10 months to October last year compared to a similar period in the preceding year, new data show. The latest figures from the Kenya National Bureau of Statistics (KNBS)…
04 January 2024
- Nigeria has eased its stringent stance on cryptocurrency transactions, introducing guidelines to govern operations after two years. The Central Bank of Nigeria (CBN) recently released comprehensive guidelines to govern the operations of bank…
04 January 2024
- With the reviewed contribution rate there is potential for higher retirement returns.
04 January 2024
- The Cabinet Secretary will also be responsible for actualising the Kenya Kwanza aspiration of purchasing private land for the settlement of persons.
04 January 2024
- Microsoft is a major investor in OpenAI, which powers Copilot's AI capabilities.
04 January 2024
- Kenya Airways continues to hold the majority portion of government-backed debt
04 January 2024
- BEIJING, Jan. 4 (Xinhua) — China Development Bank said Thursday it had issued 105.5 billion yuan (about 14.9 billion U.S. dollars) in loans in 2023 to finance the construction of railway infrastructure. The funds have backed the launch of about 2,…
04 January 2024
- The threat of "Knowledge slavery" highlights the importance of inclusive and human-centred governance
04 January 2024
- Many workplaces are experiencing a rise in “pleasanteeism” as the cost-of-living crisis takes its toll on the mental health of employees. Pleasanteeism refers to the pressure an individual feels to put on a brave face in front of colleagues,…
04 January 2024
- 2023 for Nigeria and Kenya, much like every other country in the world had its ups and downs. While both countries recorded significant growth across numerous industries, there were still instances of socio-economic drawbacks. Africa in general was…
04 January 2024
- Kenya Airways was ranked 10th in the Middle East and Africa region overall.
04 January 2024
- African currencies have been taking a heavy hit lately, especially against the revered US dollar. The depreciation has raised concerns about the economic stability of several African nations, impacting trade balances, inflation rates, and the…
04 January 2024
- Sueh Owino, the emerging young Kenyan content creators and popular on Tiktok for her cooking skills, has landed a deal with Odibets.
04 January 2024
- NAIROBI, Kenya, Jan 4 – Subscribers to Google Storage will, starting tomorrow, begin paying an additional Sh400 to Sh2,500 to access more space. The hike will apply to users under the Google One 100-GB plan. They will also be charged taxes on top. “…
04 January 2024
- SHANDONG, China, Jan 4 – Facial recognition technology, which has found wide use in identifying or confirming an individual’s identity, is now moving beyond human faces. At a digital monitoring center of the Yellow River Delta national nature…
04 January 2024
- NAIROBI, Kenya, Jan 4 – Kenya is keen on supporting labour migration to increase remittances into the country. Labour and Skills Development Principal Secretary Shadrack Mwadime said that the government plans to send more Kenyans abroad to work.…
04 January 2024
- The diplomatic relationship between Uganda and Kenya continues to remain bumpy as Uganda intends to sue Kenya. This is the most recent update on the Uganda-Kenya oil saga. Uganda first filed the lawsuit on December 28th, last year, after Uganda…
04 January 2024
- The increase in Uganda’s share in Kenya’s earnings poses a concentration risk on Kenya’s export earnings should there be a fallout.
04 January 2024
- NAIROBI, Kenya, Jan 4 – The Rwanda Food Drug Authority (RFDA) has recalled a Kenyan Pharmaceutical from its stores. According to RFDA, four bulk batches of pink Fluconazole 200mg tablets imported into the country had a white discolouration. “Rwanda…
04 January 2024
- NAIROBI, Kenya, Jan 4 – The Federal Government of Nigeria says it will extend the suspension of accreditation and evaluation of degree certificates to include those from Kenya, the Niger Republic, and Uganda. Speaking during an interview on Channels…
04 January 2024
- The property fund was set for delisting on December 4 following a restructuring exercise.
04 January 2024
- Pending payments comprise Sh22.2 billion that Ketraco owes, Kenya Power (Sh19.6 billion) and Sh1.2 billion for GDC.
04 January 2024
- HONG KONG, China, Jan 4 – China and ASEAN members should work together to address the South China Sea issue calmly by focusing on cooperation among the claimants, experts say. The South China Sea is the most complex and sensitive issue in the Asia-…
04 January 2024
- NAIROBI, Kenya, Jan 4 – The Kenyan shilling is edging closer to Sh160 against the American dollar, despite assurances that the local currency is about to stabilize. As of yesterday, CBK data showed it cost Sh156.5 to buy one dollar and Sh157.47 to…
04 January 2024
- Jubilee Syringe Manufacturing, recognised as Africa's largest syringe manufacturing venture, has formally shut down its operations in Nigeria.
04 January 2024
- NAIROBI, Kenya, Jan 4 – Kenya Airways (KQ) has been ranked as Africa’s second most efficient airline by Cirium, an aviation analytics company. According to the latest On-Time Performance Review report, the airline attained a 71.86 percent on-time…
04 January 2024
- Discussions scheduled for December failed to kick off.
04 January 2024
- TOPLINE Kai Zhuang, a 17-year-old Chinese exchange student, has been found alive in the Utah wilderness after going missing in what local police are calling a case of “cyber kidnapping,” a new criminal trend in which scammers extort vulnerable…
04 January 2024
- NOC is seeking to tap an oil multinational as a strategic partner to inject at least Sh5.3 billion into the State-owned firm.
04 January 2024
- The hospitality sector has continued to struggle, while commercial real estate has made a strong comeback after taking a hit in 2020.
04 January 2024
- "It’s not a trade-off. We will walk away from projects that have clients or sponsors that won’t commit to our ESG standards," IFC says.
04 January 2024
- BAT and government find a common ground on regulation of the commodity that is seen as an alternative to cigarettes.
04 January 2024
- The cost of obtaining more space for services like Google Drive, Gmail and Google Photos among others, is set to go up by Sh400.
04 January 2024
- TOKYO, Japan, Jan 4 – A stabbing incident at the Japan Railways (JR) Akihabara Station in Tokyo on Wednesday evening has left four people injured, with the suspect taken into custody, according to local media reports. Around 11:00 pm local time, a…
04 January 2024
- BUENOS AIRES, Jan. 3 (Xinhua) — An Argentine court Wednesday suspended the labor clause included in President Javier Milei’s Decree of Necessity and Urgency, an executive order he signed last month to make changes to laws regarding layoffs and the…
04 January 2024
- NAIROBI, Kenya, Jan 4 – A total of Sh2.1 billion was disbursed to beneficiaries of the Inua Jamii programme in December last year, Labour and Social Protection cabinet secretary (CS) Florence Bore said in a statement. The funds were wired into the…