Business

05 December 2024 - The bar is the dark type with dark wood and furniture, an elaborate ceiling, and a very busy carpet you can't look at for too long without risking a migraine.

05 December 2024 - A monument honoring Yevgeny Prigozhin, the late leader of Russia's Wagner Group, has been unveiled in Bangui, the capital of the Central African Republic (CAR).

05 December 2024 - President William Ruto had vowed to upgrade JKIA despite the termination of the deal with Adani Group.

05 December 2024 - The wealthiest markets in Africa, South Africa, Egypt, Nigeria, Kenya, and Morocco, account for 56% of the continent’s millionaires and over 90% of its billionaires.

05 December 2024 - Nearly 60 percent are raiding their savings to avoid falling behind on their loan repayments.

05 December 2024 - The abundance of minerals and hydrocarbons can be a blessing or a burden for developing economies, as many overly depend on commodity exports for economic survival.

05 December 2024 - DEC 5 – The price of Bitcoin has for the first time broken past the $100,000 mark, hitting a new record high. The value of the world’s biggest cryptocurrency has been boosted by hopes US President-elect Donald Trump will adopt crypto-friendly…

05 December 2024 - NAIROBI, Kenya, Dec 5 – Government agencies can now finance water projects through public-private partnerships (PPPs) following the enactment of the Water Amendment Bill 2023, signed into law by President William Ruto.   The law empowers agencies…

05 December 2024 - As the festive season draws near, Africa offers a wealth of attractive cities that can provide memorable holiday experiences as individuals seek exciting travel destinations.

05 December 2024 - African countries, including Kenya, need to take advantage of Slovakia’s significant strength in tackling cybersecurity.

05 December 2024 - Samburu was the worst performer with zero female members, a regression from 2022 when it had three.

05 December 2024 - Customers’ complaints against insurers rose for the fourth straight year to 1,962, surpassing last year’s 1,878.

05 December 2024 - Africa and the Middle East are attracting a growing share of the $400 billion in wealth brought along by these ultra-rich migrants.

05 December 2024 - Oil rigs are crucial for a country's oil production, directly impacting its hydrocarbon output, global energy market share, and economic stability.

05 December 2024 - Stakeholders say higher taxes would claw back gains made towards creating a thriving digital economy in the country.

05 December 2024 - Building the future: Transforming Africa’s construction industry

05 December 2024 - Global coffee prices have soared to their highest in nearly 50 years due to poor weather in Brazil and Vietnam, forcing roasters such as Nestle (NESN.S) to raise prices and consumers to hunt for cheaper brews amid the cost of living crisis.

05 December 2024 - The Ethiopian fears are being driven by examples of terrorist groups making inroads when governments are weak.

05 December 2024 - ODM is grappling with fresh internal divisions after key party figures joined Ruto's government.

05 December 2024 - TOKYO, Dec. 5 (Xinhua) — Japan’s Daihatsu Motor Co. has announced a recall of over 190,000 vehicles spanning six models due to a defect in suspension springs that can lead to corrosion. The recall, filed with Japan’s Ministry of Land,…

05 December 2024 - NAIROBI, Kenya, Dec 5 – The government, in partnership with development partners, has developed a detailed sugarcane production manual with an aim of boosting cane productivity in the country. The partnership brought together the Kenya Sugar Board…

05 December 2024 - NAIROBI, Kenya, Dec 5 – Kenya’s private sector activity improved in November, driven by increased output and new orders, according to Stanbic Bank Kenya’s Purchasing Managers’ Index (PMI).   The PMI rose to 50.9, up from October’s 50.4, marking the…

05 December 2024 - NAIROBI, Kenya, Dec 5 — TikTok has emerged as a transformative force in Kenya in 2024, revolutionizing creativity, entrepreneurship, and social impact, the platform reports. “TikTok continues to redefine how we discover, create, and connect through…

05 December 2024 - It plans to carry out public participation before putting up the monuments after some embarrassing statues of famous world-beating Kenyan athletes donated by ‘well-wishers’

05 December 2024 - Kenyans may face higher electricity bills if a new Street Lighting Infrastructural Support Levy (SLISL) is introduced as proposed by the National Assembly Committee on Energy. The levy, to be included in monthly electricity bills, aims to fund…

05 December 2024 - Topline The price of Bitcoin crossed $100,000 for the first time and hit an all-time high of nearly $104,000 late on Wednesday, as the world’s most valuable cryptocurrency continued its post-election bull run as President-elect Donald Trump has…

05 December 2024 - NAIROBI, Kenya Dec 5 – Tullow Oil plc (Tullow) has announced that CEO Rahul Dhir will step down and resign from the Board in 2025 to pursue other business, academic, and family interests. The company has initiated the search for his successor, with…

05 December 2024 - NAIROBI, Kenya, Dec 4 – County governments are defying austerity measures issued by President William Ruto, continuing to allocate substantial budgets to hospitality, travel, and sitting allowances for Members of County Assemblies (MCAs).   A…

05 December 2024 - NAIROBI, Kenya, Dec 5 – Microsoft, through its Africa Transformation Office (ATO), has announced a new initiative to accelerate the growth of AI-driven startups across Africa. The initiative features a strategic collaboration with NVIDIA and builds…

05 December 2024 - CANBERRA, Dec. 5 (Xinhua) — Australian and Chinese researchers have made a breakthrough in desalination technology that they say could benefit billions of people worldwide. In a new study, which was published by the University of South Australia (…

05 December 2024 - Bitcoin rose above $100,000 (about Ksh.13 million) for the first time on Thursday as the election of Republican Donald Trump as president of the United States spurred expectations that his administration will create a friendly regulatory…

05 December 2024 - Speaking at the VTB RUSSIA CALLING! Investment Forum in Moscow, the president of Russia, Vladimir Putin, noted that he believes there is a spiritual connection between Russia and Africa.

05 December 2024 - Former Permanent Secretary Dave Munya Mwangi is accused of forging the title deed of a 1.592-hectare plot on Mombasa Road

05 December 2024 - According to a recently released salary report, Nigerians in the finance sector are very dissatisfied with the remunerations they are currently receiving.

05 December 2024 - Palestinian and UN officials say there are no safe areas left in Gaza, a tiny, densely populated and heavily built-up coastal territory.

05 December 2024 - RIO DE JANEIRO, Dec. 5 (Xinhua) — A total of 8.7 million people in Brazil were lifted out of poverty in 2023, bringing the poverty rate down from 31.6 percent in 2022 to 27.4 percent, the lowest level since 2012, according to a report released on…

05 December 2024 - NAIROBI, Dec. 5 (Xinhua) — Kenya on Wednesday allowed the sale and export of raw macadamia nuts for a period of 30 days, lifting a ban that was imposed early last month. Andrew Karanja, cabinet secretary in the Ministry of Agriculture and Livestock…

05 December 2024 - NAIROBI, Kenya, Dec 5 – Majid Al Futtaim, Carrefour’s operator in Kenya, has launched its first Retail Business School in Nairobi, aimed at upskilling over 1,500 employees annually and shaping future retail leaders.   Located at Two Rivers Mall,…

05 December 2024 - Ecobank sued Masinga MP Joshua Mwalyo over the failure to pay the amount owed by Seven Fourteen Limited, a firm where he is a director.

05 December 2024 - The intersection of sexual and gender-based violence (SGBV) and Sexual and Reproductive Health (SRH) is particularly concerning.

05 December 2024 - The groups have 14 days to reach an agreement on the outstanding protocols.

05 December 2024 - Speculation that the United States breached the airspaces of the Democratic Republic of Congo (DRC) and Uganda has sparked widespread concern.

05 December 2024 - One of the biggest responsibilities for my generation will be deepening digital skills to filter out misinformation and disinformation.

05 December 2024 - Kiambu real estate company incurs heavy legal cost as co-founders tussle in court.

05 December 2024 - Kakamega businessman and club owner says he has the know-how to steer Kenyan football to the next level.

05 December 2024 - Senators describe the new deal as an opaque leasing scheme and a cartel-like arrangement.

05 December 2024 - From Migori to Vihiga: Meet George Alambo, the advocate on a mission to save widows from systematic land grabbing targeting them.

05 December 2024 - JERUSALEM, Dec. 4 (Xinhua) — The Organization for Economic Cooperation and Development (OECD) on Wednesday lowered its growth forecasts for Israel for 2024 and 2025. According to the organization’s semi-annual economic outlook report, Israel’s…

05 December 2024 - NAIROBI, Kenya, Dec 4 – Savannah Clinker, a local building and construction sector firm, has abandoned an earlier plan to acquire full ownership of Bamburi Cement. Already, the Capital Markets Authority (CMA) has approved the withdrawal of the…

05 December 2024 - Recent remarks from officials in the Executive, Judiciary and Parliament show just how disconnected some leaders are from the citizens they serve.