Business

14 November 2024 - GABORONE, Nov. 14 (Xinhua) — Botswanan Vice President Ndaba Gaolathe has encouraged renewable energy leaders to dream big and set greater targets to position Botswana as Africa’s solar energy leader. Gaolathe told the National Renewable Energy…

14 November 2024 - Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce.

14 November 2024 - Bitcoin broke through the $90,000 (about Ksh.11.6 million) level on Wednesday, to an all-time high in a rally showing no signs of easing on expectations that Donald Trump as U.S. president will be a boon for cryptocurrencies.

14 November 2024 - South Africa reopened limited crossings at its main border with Mozambique on Thursday morning, following a temporary suspension due to safety concerns.

14 November 2024 - NAIROBI, Kenya, Nov 14 – The Capital Markets Authority (CMA) has approved four new funds to offer diversified investments in different asset classes and geographical regions for investors. The funds licensed by asset management firms seek to…

14 November 2024 - NAIROBI, Kenya, Nov 14 – The Port of Mombasa has reported a 13.9 percent increase in cargo throughput, handling 33.8 million tons of cargo in the first half of 2024, up from 29.7 million tons during the same period last year. The surge, amounting…

14 November 2024 - CANBERRA, Nov. 14 (Xinhua) — The Australian government has announced a new plan to force social media companies to take proactive steps to ensure the wellbeing of their users. Michelle Rowland, the Minister for Communications, on Wednesday night…

14 November 2024 - After nearly two decades of waiting, the Dr. Antonio Agostinho Neto International Airport (AIAAN) in Luanda, Angola, has finally commenced operations. The $3.8 billion airport aims to become a key aviation hub in southern Africa.

14 November 2024 - Olu Johnson is a personal security officer to the stars in the United Kingdom. It’s a rough and tough job, but one that he wouldn’t trade for anything else in the world. On July 13 this year, Johnson watched in shock as the news unfolded of the…

14 November 2024 - NAIROBI, Kenya, Nov 14 – The Central Bank of Kenya (CBK) has issued a warning to the public about malicious actors spreading false information regarding changes in the banking system. In an official statement, CBK assured Kenyans that the banking…

14 November 2024 - SACRAMENTO, United States, Nov. 13 (Xinhua) — California cities have dominated the list of the most expensive U.S. cities for single-family rentals, claiming 18 of the nation’s top 20 costliest cities to rent a home, according to the latest report…

14 November 2024 - NAIROBI, Kenya, Nov 14 – Global security firm G4S Kenya has announced plans to lay off approximately 400 employees over the next six months. In a letter to the Ministry of Labour and Social Protection, G4S stated that the redundancy exercise will…

14 November 2024 - The growth in profit was driven by a 12.3 percent increase in net interest income to Sh36.87 billio

14 November 2024 - Kenya has turned down the proposal of several investors in the renewable energy industry over concerns of increased energy costs.

14 November 2024 - Uganda recently disclosed its intentions to get in on Russia’s nuclear expansion in Africa.

14 November 2024 - NOV 14 – Apple is facing a legal claim accusing it of effectively locking 40 million British customers into its iCloud service and charging them “rip off prices.” Consumer group Which? says the legal action – which it has launched – could result in…

14 November 2024 - NAIROBI, Kenya, Nov 14 – A survey by the Rural and Urban Private Hospitals Association of Kenya (RUPHA) has found that over 55 percent of patients are turning to out-of-pocket (OOP) payments following the rollout of the new Social Health Insurance…

14 November 2024 - NOV 14 – Uranium is making a comeback thanks to a renewed focus on nuclear energy as a climate crisis solution. Canada, rich with high-grade deposits, could become a nuclear “superpower”. But can its potential be realised? Leigh Curyer had been…

14 November 2024 - Kenya Railways leads the pack of agencies yet to start making their payments.

13 November 2024 - For many the question remains; how would a Trump presidency affect Kenyan gains in its relationship with America?

13 November 2024 - China’s outstanding loan to Kenya dropped by Sh218.17 billion to Sh736.19 billion on repayment of earlier debt and reduced lending from Beijing.

13 November 2024 - Data Protection Commissioner Immaculate Kassait after investigating the incident, found Bolt failed to properly protect Mr Wainaina’s data as required by the Data Protection Act of 2019.

13 November 2024 - Investigators claimed that the money lost included Equity members’ savings and deposits, and salaries.

13 November 2024 - Energy sector stakeholders have pushed for increased government support to fast-track Kenya’s transition to renewable energy.

13 November 2024 - Sustainable housing could play a significant role in the way the continent tackles its housing deficit. We unpack the ground-breaking innovations, Initiatives and ideations developing the ‘green scene’. In a village in the Mtwara region of Tanzania…

13 November 2024 - For the past year they have been partners, not only in marriage but in their grand plan to travel the world and satisfy their wanderlust.

13 November 2024 - The MPs also expressed concerns that if left unchecked, the proposed amendment, once it becomes law, could be prone to abuse, potentially paving the way for easy transfer of the proceeds of...

13 November 2024 - KRA and the IT solutions firm disagreed on the amount of VAT to be paid and the payment of Withholding Tax on the software purchase from Microsoft Ireland.

13 November 2024 - Trump’s focus on reduced multilateral engagement could impact ongoing programmes like Pepfar and counter-terrorism funding.

13 November 2024 - African nations face challenges due to global commodity prices and geopolitical disruptions.

13 November 2024 - At the Dubai COP last year, one of the wins was an agreement by nations to transition away from fossil fuels.

13 November 2024 - On lessons learnt in entrepreneurship, Peter says the first is to learn to embrace risks.

13 November 2024 - Latest Treasury disclosures show that by the end of June 2024, outstanding on-lent loans by 54 public entities amounted to Sh1.19 trillion.

13 November 2024 - The former employees wanted the court to compel the lender to re-compute the benefits payable for every year worked, in line with Section 40 of the Employment Act, and at 30 days’ salary for...

13 November 2024 - While Kenya's Data Protection Act of 2019 marked a significant step towards addressing data privacy concerns, it is not sufficient to cover for certain unintended breaches as those dealt by AI...

13 November 2024 - Head of the Public Service Felix Koskei has ordered all CSs and PSs to be “physically present” at State House for the signing of performance contracts.

13 November 2024 - The first KenGen project to be issued with carbon credits under the CDM initiative was the Tana hydroelectric power project, which received 57,458 carbon credits on March 13, 2020.

13 November 2024 - The foreigners purchased the shares from local individual and institutional shareholders even as Treasury and NSSF kept their stake in KCB unchanged.

13 November 2024 - Farmers, especially smallholders, face several challenges when it comes to engaging with carbon markets.

13 November 2024 - KRA investigation follows a whistleblower report that the firms are underdeclaring purchase prices for imported products, allowing them to pay less import duty.

13 November 2024 - Companies adopting a strategic approach to ESG can experience improved resilience, innovation, and growth.

13 November 2024 - Topline Bitcoin prices eclipsed $90,000 for the first time Wednesday, the latest milestone for the world’s largest cryptocurrency in its massive post-election rally. Key Facts Bitcoin climbed to over $90,000 by about 9:30 a.m. EST, or 2:30 p.m.…

13 November 2024 - The academic advancement of African countries is crucial for overall development via its superior young people capital. However, these objectives are seriously threatened by a chronic deficiency in many of the continent's educational institutions.

13 November 2024 - NOV 13 – British newspaper group the Guardian has announced it will no longer post on X, formerly Twitter, saying it has become a “a toxic media platform”. In a message to readers, it said the US presidential election “underlined” its concerns that…

13 November 2024 - Of the 20 countries in the world with the highest fertility rates, Afghanistan is the only country not found in Sub-Saharan Africa.

13 November 2024 - NOV 13 – Inflation in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6% over the 12 months to October, driven by higher housing and food costs, the Labor Department said. That marked a…

13 November 2024 - While AI is a marvel, alarm bells of caution should be heard given AI is the first technology in human existence that can think for itself.

13 November 2024 - A robust data analytics solution enables businesses to transform raw data into organised, actionable insights across numerous functions.

13 November 2024 - The telecom industry in Africa is undergoing a significant transformation, driven by improvements in internet infrastructure and the adoption of newer technologies focused on boosting download speeds, and delivering high-quality connectivity.

13 November 2024 - NAIROBI, Nov. 13 (Xinhua) — The World Food Program (WFP) said Tuesday that it requires 137.6 million U.S. dollars in net funding to provide humanitarian aid to one million food-insecure Kenyans over the next six months. The WFP estimates that one…