Business

09 December 2024 - TOKYO, Dec. 9 (Xinhua) — Tokyo stocks rebounded Monday, following gains in U.S. tech stocks over the weekend with strong demand seen in leading stocks. The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed the day at 39,160.…

09 December 2024 - NEW DELHI, Dec. 9 (Xinhua) — India on Monday appointed Sanjay Malhotra as the new governor of its central bank – Reserve Bank of India (RBI), officials said. The announcement was made in a notification issued by the government’s cabinet…

09 December 2024 - NAIROBI, Kenya, Dec 9 – Kenyan fintech startup Leja has processed over $2 billion in business-to-business (B2B) payments since its launch, reflecting a 30 percent month-over-month growth rate and a cumulative 300 percent increase within a year. The…

09 December 2024 - DEC 9 – Closer relations between the UK and the European Union (EU) will boost economic growth, Chancellor Rachel Reeves will tell finance leaders on Monday. In the first address by a British chancellor to the Eurogroup since Brexit, Reeves will…

09 December 2024 - MERU, Kenya, Dec 9 – The Policyholders Compensation Fund (PCF) has disbursed Sh116 million to 890 claimants from collapsed insurance firms, including Resolution Insurance, Concord Insurance, Standard Assurance, Blue Shield, United Insurance, and…

09 December 2024 - The prosecution says the owner's unlawful acts caused the deaths of the said 10 people during the explosion.

09 December 2024 - The airline said that it will operate three-night flights a week from JKIA to Gatwick starting July 2.

09 December 2024 - The Bursary Fund Coordinator awarded himself a bursary of Sh60,000, exceeding the set criteria of Sh15,000 for graduate students.

09 December 2024 - Cape Town International Airport leads Africa with an exceptional AirHelp score of 8.50, ranking as the second-best airport globally.

09 December 2024 - Equinor has finalized the sale of its assets in Nigeria and Azerbaijan for up to $2 billion, marking the end of its operations in both countries after roughly 30 years, the Norwegian oil and gas company announced on Monday.

09 December 2024 - Accused woman faces four counts of publishing false information the Cabinet Secretary for Mining.

09 December 2024 - Installing the solar system is costly, but maintaining it is manageable as it does not require fossil fuel.

09 December 2024 - Adopting better farming techniques will improve food security and nutrition.

09 December 2024 - The report shows that of the 1,333 buildings inspected in various counties, including Nairobi, only 570 were deemed safe.

09 December 2024 - Supreme Court judge Lenaola cites the incident as a worrying signal ahead of 2027 General Election.

09 December 2024 - NAIROBI, Kenya, Dec 9 – Revenue collected by the Kenya Revenue Authority (KRA) in the five months to last month expanded by 4.3 percent to Sh1 trillion compared to a similar period last year. Between July and November 2023, the taxman collected…

09 December 2024 - WELLINGTON, Dec. 9 (Xinhua) — The New Zealand government is introducing measures to ensure the Reserve Bank places greater importance on competition in the banking sector, Finance Minister Nicola Willis said on Monday. “The change will enable the…

09 December 2024 - NAIROBI, Kenya, Dec 9 – The Nairobi County Government has announced new private and public valuation properties/plot rates. In a notice, the Nairobi County Built Environment and Urban Planning CECM Patrick Mbogo stated that residential plots,…

09 December 2024 - Talent Hub launch comes at a time when Africa’s digital economy is projected to grow to $180 billion by 2025.

09 December 2024 - DEC 9 – With winter nights drawing in across North America, Canadian “snowbirds” – citizens who flee their freezing temperatures for sunnier climes every year – are planning their annual trips to Florida or the Caribbean. Traditionally, Cuba has…

09 December 2024 - Estate agents will earn a commission for units sold and mortgages arranged between buyers and banks.

09 December 2024 - Court rules that imposition of land rates on freehold properties amounts to conversion of properties to leasehold.

09 December 2024 - NAIROBI, Kenya, Nov 28 – Local pharmaceutical manufacturers and financiers gathered at Radisson Blu, Nairobi, for the Second APIFA Breakfast Meeting under the theme “Unlocking Financing for Local Manufacturing: Advancing Sustainable Health Systems…

09 December 2024 - Topline An undiagnosed disease outbreak in southwest Congo causing flu-like symptoms has now infected more than 400 people since October, health officials said Sunday, and reportedly killed 143 people since October, disproportionately affecting…

09 December 2024 - According to a new survey, more individuals in Kenya are opting for traditional banking services, despite Africa's rising trend toward mobile banking.

09 December 2024 - The high unemployment rate among African youths remains one of the most pressing challenges facing the continent today.

09 December 2024 - Excitement among residents and business operators as KCB opens new branch in the town.

09 December 2024 - NAIROBI, Kenya, Dec 9 – 76 percent of funding raised by African start-ups last month went to Kenya and Nigeria. Out of $180 million (Sh23.27 billion), which was in the form of equity, debt, and grants, raised by 32 startups on the continent, the…

09 December 2024 - SINGAPORE, Dec. 9 (Xinhua) — Singapore’s labor market showed strong growth in the third quarter of 2024, with total employment nearly doubling the increase seen in the previous quarter, according to the latest Labor Market Report by the Ministry of…

09 December 2024 - NAIROBI, Kenya, Dec 7 – VFS Global, a leading outsourcing and technology service provider for governments and diplomatic missions, has surpassed the milestone of processing 300 million visa applications globally. In the past five years alone, the…

09 December 2024 - The rumors about the working relationship between the Multinational Security Support Mission (MSS), mostly composed of Kenyan police personnel, and the Haitian National Police have been touched on.

09 December 2024 - How athletes in senior categories stole the show at Great Chepsaita Cross Country Run.

09 December 2024 - The Insurance Regulatory Authority (IRA) has revealed that 23 insurance companies in Kenya ended the 2023 financial year with insufficient capital, raising concerns over their ability to meet obligations, including paying claims. These 23 insurers…

09 December 2024 - NAIROBI, Kenya, Dec 7-The National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA) has been recognized at the 2024 Financial Reporting (FiRe) Awards for its financial management practices. The Authority received a Certificate of…

09 December 2024 - RABAT, Morocco, Dec 5 – The International Solar Alliance (ISA) and Africa50 have signed a landmark agreement for Africa50 to manage and implement the Africa Solar Facility (ASF), a $200 million initiative aimed at accelerating investments in…

09 December 2024 - NAIROBI, Kenya, Dec 6 – The Development Bank of Southern Africa (DBSA) and Axian have signed agreements to invest in the Africa50 Infrastructure Acceleration Fund (IAF), bolstering the continent’s infrastructure financing pool with support from…

09 December 2024 - Syrian President Bashar al-Assad arrived in Russia on Sunday after rebels seized control of Damascus, Russian state media said—a pivotal moment in the years-long civil war against the regime that has controlled Syria since the 1970s. Key Facts…

09 December 2024 - SYDNEY, Dec. 9 (Xinhua) — Homelessness in Australia has surged over the last three years, a new report published on Monday has found. According to a report published by the University of New South Wales (UNSW), University of Queensland (UQ), and…

09 December 2024 - NAIROBI, Kenya, Dec 9 – The Kenya Revenue Authority (KRA) has announced the development of a comprehensive set of draft statutory instruments aimed at refining the country’s tax framework. The draft rules include the Income Tax (Pay As You Earn)…

09 December 2024 - In a brazen display of hooliganism, fans of Football Kenya Federation club Gor Mahia on Sunday attacked the center referee as the reigning champions lost 1-0 defeat to Bidco United in a league...

09 December 2024 - The road to FKF presidency wasn't smooth for Hussein; he endured intimidation, heckling and sometimes outright harassment.

09 December 2024 - Research conducted in South Africa exposes how patriarchal courts push single mothers deeper into poverty.

09 December 2024 - Loans flow to manufacturing has also suffered, slumping by 11.6pc last October.

09 December 2024 - Bumbling gang expanded the premier league and thus lost SuperSport broadcasting, leaving players and teams broke.

09 December 2024 - Leaders accuse President Ruto of deliberately dragging reconstitution of electoral agency.

08 December 2024 - Results trickling in from Ghana’s 2024 presidential elections place former President John Dramani Mahama – who lost his re-election bid to the incumbent President Nana Akufo-Addo in 2016 – on track to reclaim the presidency. Ghana’s Vice President…

08 December 2024 - Compared to financial reporting, sustainability reporting is an outcome, and therefore, organisations can only report what they have done regarding material sustainability topics.

08 December 2024 - The average lending rate in the month rose to 17.15 percent against the CBR rate of 12 percent.

08 December 2024 - Cybersecurity and fraud prevention remain a major challenge for banks. With the increasing number of digital transactions, the threat of cyberattacks and fraud attempts continues to grow.

08 December 2024 - As far as education goes, we must fill our young with the basic knowledge necessary to awaken their innate creative intelligence.