Business

04 December 2024 - Nation Shopping Festival kicks off with discounted prices

04 December 2024 - Competition is a crucial driver of innovation, efficiency, and economic inclusivity. Therefore, it can play a pivotal role in reducing inequality.

04 December 2024 - MPs have been demanding the release of the NG-CDF to constituencies to finance projects for the financial year 2024/25.

04 December 2024 - The Treasury is seeking a further Sh20 billion from a reopened 10-year paper, initially issued in February this year with a set 16 percent coupon.

04 December 2024 - Notably, only 3.3 million Kenyans are in formal employment compared to 16.7 million in the informal sector.

04 December 2024 - Arrested traders have been using counterfeit excise duty stamps to smuggle illicit liquor into the country.

04 December 2024 - The businessman was arrested and later released over an allegation that he fraudulently obtained a Sh4.5 billion loan from Absa Bank Kenya eight years ago.

04 December 2024 - Businesses and households have been battling a biting lack of money in circulation for months in an economic setting where banks cut lending to the private sector amid high interest rates offered...

04 December 2024 - The committee did not specify the date within which Dr Kiptoo is required to honour the summons but said the summons to be issued will specify the date and time.

04 December 2024 - When restaurants keep their pricing low, dining out becomes more accessible to a larger portion of the community, promoting inclusion and social engagement. This has the potential to bolster an economy, particularly for African countries.

04 December 2024 - The lawmakers say there was no public participation and that the regulations are marred by errors.

04 December 2024 - Lawmakers call on government to give schools more time to comply with requirements by the ministry.

04 December 2024 - About 1,751,994 Kenyans were estimated to have used lipa mdogo mdogo services this year compared to 579,242 in 2021.

04 December 2024 - In a move to strengthen South Africa-Nigeria ties, South Africa’s President Cyril Ramaphosa announced last night that efforts to create a favorable environment will include a simplified visa process for travelers coming in to South Africa from the…

04 December 2024 - Security firm to provide rapid response services and real-time monitoring for digital taxi hailing company.

04 December 2024 - NAIROBI, Kenya, Dec 4 – The Scrap Metal Council has reported a significant decline in vandalism and illegal scrap metal exports, attributing the improvement to changes in the council’s leadership and enhanced regulations in the sector.   Council…

04 December 2024 - NAIROBI, Kenya, Dec 4 – The Central Bank of Kenya (CBK) has announced the appointment of four new members to its Monetary Policy Committee (MPC), replacing outgoing members who left in August. The appointments took effect on November 22, 2024,…

04 December 2024 - The telco is spearheading an aggressive effort to expand the reach of its e-money offering.

04 December 2024 - DEC 4 – Police in India say they have reached out for information to Elon Musk’s Starlink after they allegedly found drug smugglers using its satellite internet device to navigate Indian waters and reach the country’s shore. Starlink claims to…

04 December 2024 - AirHelp’s process combined objective flight data, extensive passenger surveys, and unique insights into how airlines handle compensation claims, creating a comprehensive assessment of airline performance.

04 December 2024 - The fourth year student at Moi University faces charges of publishing false information about the President's death.

04 December 2024 - Cabinet Secretaries, Principal Secretaries and parastatal heads to be subjected to annual performance evaluation.

04 December 2024 - No Christmas break for police officers with those on leave ordered back to their workstations.

04 December 2024 - Deputy President calls for increased collaboration among government institutions.

04 December 2024 - MOSCOW, Dec. 4 (Xinhua) — Russia’s new car market saw a remarkable 54-percent growth in the first 11 months of 2024, according to data released by the market analytic agency Autostat on Wednesday. Between January and November, sales of new cars…

04 December 2024 - NAIROBI, Kenya, Dec 4 – The Kenya Plant Health Inspectorate Service (Kephis) has announced revised inspection and phytosanitary fees for importers and exporters of agricultural products. The new charges took effect on December 1, 2024, and apply to…

04 December 2024 - The latest data from the International Air Transport Association (IATA) reveals that African airlines recorded the slowest growth in the global air cargo market in October 2024.

04 December 2024 - Dr. James Mwangi, Group Managing Director and CEO of Equity Group Holdings, has been appointed to the World Bank Group's High Level Advisory Council on Jobs.

04 December 2024 - By Nicanor Sabula DEC 4 – Under the economic doctrine of price elasticity, higher prices of goods or services reduces demand. In the air travel sector, this has come to bear in various jurisdictions globally where an increase in ticket prices…

04 December 2024 - Niger, responsible for approximately 4% of global uranium output, has long been a key supplier for Orano, a significant player in the nuclear energy sector.

04 December 2024 - NAIROBI, Kenya, Dec 4 – Asset financier MOGO has invested Sh192 million to finance over 1,000 electric vehicles (EVs), bolstering Kenya’s transition to eco-friendly transportation. Following the launch of Kenya’s first all-electric motorbike shop…

04 December 2024 - NAIROBI, Kenya, Dec 4– Visa has announced the conclusion of its 4 months accelerator program designed to support early-stage startups. The event held in Cape Town, South Africa saw the digital payments service enabler train 23 innovative fintechs…

04 December 2024 - NAIROBI, Kenya, Dec 4-Premier Bank, a leading Islamic financial institution in Kenya, has announced a collaboration with Mastercard to introduce an innovative suite of Shariah-compliant debit, credit, and prepaid cards. This collaboration marks a…

04 December 2024 - Namibia’s ruling party, the South West Africa People’s Organisation (SWAPO), will retain its status as woman leader, Netumbo Nandi-Ndaitwah secures the Presidency, a first for the country. According to reports, the current Vice President secured 57…

04 December 2024 - While global poverty rates have shown some improvement in recent years, the fight against multidimensional poverty remains a massive challenge. Sub-Saharan Africa alone accounts for 553 million people trapped in poverty, while South Asia is home to…

04 December 2024 - Tanzanian manufacturing and energy giant Amsons Group on Wednesday said it has gotten approval from Kenya’s mining ministry for its proposed acquisition of Bamburi Cement.

04 December 2024 - Tanzanian manufacturing and energy giant Amsons Group has gotten approval from Kenya’s mining ministry to unconditionally acquire Bamburi Cement.

04 December 2024 - The biggest electric power guzzler - by far – is the starter motor.

04 December 2024 - Workmate say that days before the deaths, Mr Nyambunde had become more withdrawn.

04 December 2024 - Technically, the severity of a collision depends on how fast you (or what you hit) are...

04 December 2024 - Any loss of grip or puncture of any tyre presents the driver with a control challenge.

04 December 2024 - NAIROBI, Kenya, Dec 4 – Counties are set to receive an additional Sh2 billion after President William Ruto signed the Division of Revenue (Amendment) Bill, 2024, into law.   The new law allocates Sh387 billion to devolved units as their equitable…

04 December 2024 - DEC 4 – After years of ignoring pleas to sign up to child protection schemes, the controversial messaging app Telegram has agreed to work with an internationally recognised body to stop the spread of child sexual abuse material (CSAM). The Internet…

04 December 2024 - NAIROBI, Kenya, Dec 4 – Tanzanian business conglomerate Amsons Group has secured crucial regulatory approvals for its proposed acquisition of up to 100% of Bamburi Cement. This follows a nod by the Ministry of Mining, Blue Economy, and Maritime…

04 December 2024 - NAIROBI, Kenya, Dec 4 – The Kenya Association of Travel Agents (KATA) has rejected a proposal by the government to introduce VAT on air ticketing services supplied by travel agents. The Association Chief Executive Officer (CEO), Nicanor Sabula,…

04 December 2024 - NAIROBI, Kenya, Dec 4 – Galana Energies has unveiled a new brand identity in what it says marks a significant milestone in its evolution. Formerly known as Galana Oil and Delta Service Stations, the company has unified its operations under one…

04 December 2024 - Zimbabwe’s economic woes are set to follow it into the new year, as it continues with Africa’s highest interest rate.

04 December 2024 - NAIROBI, Kenya Dec 4 – UNICEF Kenya is among six local organizations selected to benefit from the Giving Machines, a new and impactful initiative aimed at simplifying charitable giving. The Giving Machines are vending machines that allow…

04 December 2024 - NAIROBI, Kenya, Dec 3 – The Micro and Small Enterprises Authority (MSEA) and SNV have unveiled a two-year strategic partnership to boost Kenya’s Micro, Small, and Medium Enterprises (MSMEs), with a focus on women and youth-led businesses.  The…

04 December 2024 - SINGAPORE, Dec. 4 (Xinhua) — Two key suspects in a major corruption case were arrested in Malaysia on Tuesday after 19 years on the run, Singapore’s Corrupt Practices Investigation Bureau (CPIB) said Wednesday. The case involves about 51.2 million…