Business

19 November 2024 - Absa Bank Kenya PLC has reported a profit after tax of Ksh.14.7 billion for the third quarter ending September 30, 2024, a 20% increase compared to the same period last year.

19 November 2024 - Fraud has deeply infiltrated societies worldwide, transcending geographical boundaries. These scams take various forms, leveraging technology and social engineering to prey on victims globally.

19 November 2024 - Among the top banks that have so far published their results, Absa’s pace of growth in net profit is the fastest.

19 November 2024 - President-elect Donald Trump has announced that his new administration plans to secure US borders and restore sovereignty, by prioritizing education and putting America first.

19 November 2024 - African universities have begun to emerge as beacons of hope and success in the quest for sustainable development.

19 November 2024 - At his workshop in Kibera, George Otieno and his team have a deadline to meet, client's order. This is Akala 21, a venture founded by George to recycle old car tyres into attractive sandals.

19 November 2024 - Given Donald Trump's upcoming administration, African central banks are faced with tough decisions regarding interest rates.

19 November 2024 - Nov 19 – Indian High Commissioner to Nigeria, G. Balasubramanian, has expressed confidence that Prime Minister Narendra Modi’s upcoming visit to Nigeria will enhance India’s relationship with both Nigeria and the broader African continent. The…

19 November 2024 - NAIROBI, Kenya, Nov 19 – Kenya Breweries Limited (KBL) has announced a reduction in the prices of its mainstream spirits portfolio, offering more affordable options for consumers as the festive season approaches. The price adjustments will affect…

19 November 2024 - The National Treasury aims to raise an additional Ksh343 billion in tax revenue for the 2024/25 financial year, targeting a total of Ksh2.732 trillion amid mounting debt pressures and a Ksh4.329 trillion budget. Further, Kenya's CA is seeking the…

19 November 2024 - NAIROBI, Kenya, Nov 19 – Absa Bank Kenya has announced a Sh14.7 billion profit after tax for the period, marking a 20% increase compared to the same period last year. The bank attributes this strong performance to a 19% rise in funded income, which…

19 November 2024 - Congo’s relationship with Russia continues to blossom as both nations sign a naval deal.

19 November 2024 - KISUMU, Kenya Nov 19  – The African Export-Import Bank (Afreximbank) has announced that Kisumu, Kenya, will host the 4th African Sub-Sovereign Government Network (AfSNET) Investment Conference from November 25 to 27, 2024. The conference, held…

19 November 2024 - CAIRO, Egypt, Nov 19 – Kenya Airways CEO Mr Allan Kilavuka has been appointed the new Africa’s Airline Association (AFRAA) Chairperson. Mr. Kilavuka assumed the role of Chairperson of the African Airlines Association at the 56th Annual General…

19 November 2024 - You have been saving diligently all year, well done. But what you do next with that money you have accumulated the whole of 2022 will be more important than the sacrifices you've been making. If you did not have a plan for your savings, it's time…

19 November 2024 - Bank customers in Mozambique have received refunds of over 800 million meticais (€12 Million) following undue charges from banks and irregularities by PoS agents in 2023.

19 November 2024 - The designs are deeply influenced by African culture and the need to address environmental challenges.

19 November 2024 - The purge scheduled for this week also affects 13 other MPs serving in influential committee leadership positions viewed as Gachagua sympathisers.

19 November 2024 - How gender-specific insurance could save mothers' lives while tackling ignored men's health issues.

19 November 2024 - Seven iPhones, 12 guns, five logbooks and 10 gold chains are among the items in police custody

19 November 2024 - Archbishop Philip Anyolo says money received from President Ruto and Governor Johnson Sakaja to be refunded.

19 November 2024 - Many students pay a lot of money to illegally access the papers in advance.

19 November 2024 - The health impacts of fossil fuel use are evident across Kenya.

19 November 2024 - For some students, drugs and alcohol become a coping mechanism.

19 November 2024 - The root of Kenya’s food insecurity lies in underdeveloped irrigation infrastructure.

19 November 2024 - Kenya needs a renewal of the spirit that drove the fight against single-party dictatorship and the evolution to a new constitutional order.

19 November 2024 - Student leaders of the past united to champion not only student rights but also to challenge national policies, defend democracy and scrutinise government.

18 November 2024 - Since the beginning of the year, at least 4,047 lives have been lost in road accidents

18 November 2024 - About 20.2 million individuals were below the overall poverty threshold.

18 November 2024 - Bidders have until next Monday to change their offers ahead of the closure of the acceptances on December 5.

18 November 2024 - Walking through the nursery, visitors encounter rows of saplings destined to become towering trees, each carefully selected for its ecological benefits.

18 November 2024 - Starlink operates in several African countries but has faced regulatory challenges in others and resistance from state telecoms monopolies.

18 November 2024 - Equity’s latest decision marks the second time this year that the lender is cutting rates in line with reducing CBR.

18 November 2024 - Everyday investment and saving opportunities, when exploited wisely, can add up to long-term wealth.

18 November 2024 - The latest target is more than the Sh2.659 trillion that the government initially eyed before the withdrawal of the Finance Bill, 2024 that has left the Treasury in a financial strain.

18 November 2024 - In a fair global system, developing countries should be able to run developmental trade and current account deficits through the provision of adequate financing and exchange rate support mechanisms.

18 November 2024 - NAIROBI, Kenya Nov 18 – The Farmers Summit 2024, hosted by Bio Food Products Ltd, concluded with a significant impact, gathering key stakeholders from the Kenyan dairy sector, including farmers, government officials, private sector leaders, and…

18 November 2024 - The cinematography, specifically lighting and shadow, makes for a visually pleasing picture and helps amplify some intense moments.

18 November 2024 - The volume of coffee beans brought to the auction, which is held every Tuesday on the floor of the exchange, has increased sharply this season due to good harvests of the crop across the country.

18 November 2024 - The commencement of the field trials comes just days after the High Court dismissed several petitions, that were challenging the decision by the Cabinet to lift the ban on GMOs that had lasted...

18 November 2024 - KMPDU said it was entitled to seize the money as Moi University has failed to comply with the order by paying the doctors Sh53.55 million.

18 November 2024 - The raft of amendments to the CBK and Microfinance Acts broadly seek to expand the mandate of the apex bank to more credit providers.

18 November 2024 - The tournament drew 170 participants, including prominent business leaders and golf enthusiasts who were eager to compete while making valuable professional connections.

18 November 2024 - Club announced the termination of Ambani’s services as its technical director on Friday.

18 November 2024 - The beauty of African women stems from their ability to express brilliance, strength, and culture with extraordinary elegance.

18 November 2024 - Facilities are required to treat these patients under the same guidelines as all other SHA beneficiaries, eliminating any form of discrimination due to non-payment of contributions.

18 November 2024 - Africa's largest mobile operator, MTN, is exploring partnerships with low-Earth-orbit (LEO) satellite providers to deliver internet access to rural and remote areas, Group CEO Ralph Mupita announced on Monday.

18 November 2024 - The union says that in July 2024, the university agreed to pay doctor-lecturers salary arrears within 60 days.

18 November 2024 - Voters in Gabon have approved a referendum extending the presidential term from five to seven years, a move viewed as a key step toward restoring civilian rule.

18 November 2024 - Education is a critical component of social and economic development, but many African countries face significant challenges in funding their education systems.