Business

12 November 2024 - Topline The billionaire founder of Telegram is offering to pay for the in vitro fertilization process of medically eligible women who are interested in having a baby using his sperm at a fertility clinic in Moscow, the latest billionaire to speak…

12 November 2024 - Zimbabwe’s Minister of Youth, Sport, Arts and Recreation Kirsty Coventry is making an historic bid to lead the International Olympic Committee (IOC), hoping to become the first female president of the organization in its 130-year history. Coventry…

12 November 2024 - Government tenders are a big business in Kenya, with the World Bank estimates for 2020 indicating that the value of public procurement hit Sh3.146 trillion in that year.

12 November 2024 - CBK published the draft green finance taxonomy in March 2024 to provide a reference point in guiding the country’s transition into a green economy as well as catalyse the inflow of green finance...

12 November 2024 - Mental health issues among lawyers are widespread but rarely addressed openly.

12 November 2024 - Driven by curiosity and a desire to honor the vineyard's potential, she began making wine for her family and friends, learning through trial and error with each harvest.

12 November 2024 - Mental health issues among lawyers are widespread but rarely addressed openly.

12 November 2024 - Orbit is the fifth most valuable tenant for Grit, contributing 4.2 percent of the multinational’s monthly real estate portfolio income.

12 November 2024 - The Nairobi Declaration outlined as a goal the increase of renewable energy generation from 56 GW in 2022 to 300 GW in 2030 amongst other resolutions.

12 November 2024 - Whether it's the launchpad to an exciting new chapter or a safety net to break your fall, a well-handled layoff package can turn a bitter ending into a golden opportunity.

12 November 2024 - FX Pesa Research and Market Analyst Rufas Kamau takes us on a trading journey that separates the wheat from the chaff.

12 November 2024 - The air passenger traffic in Africa has experienced significant growth over the past few decades, driven by various factors such as economic development, population growth, and increasing connectivity.

12 November 2024 - Investment in real estate is primarily driven by the prospect of profitable returns, and this holds true across African countries. Every property owner aims to maximize the income generated from their real estate properties.

12 November 2024 - The inclusion of the three stocks brings the number of Kenyan companies on the MSCI small cap index constituents to seven.

12 November 2024 - Sub-Saharan Africa is one of the regions least responsible for climate change, yet we face its harshest realities.

12 November 2024 - In Africa, city branding is crucial, as nations work to attract global attention and investment. Five African countries made it to the top ranks for brand value in 2024, according to the Brand Finance Global City Index.

12 November 2024 - Tanzania has allocated a budget of Sh25 trillion ($9 billion) for a series of infrastructural projects.

12 November 2024 - The appointment by President William Ruto extends Mr Nyaoma’s stay at the CBK, where he has been a career banker for 36 years.

12 November 2024 - The recovery of profits in Kenya took the unit’s contribution to group net earnings to 53 percent compared with the previous period’s 47 percent.

12 November 2024 - Given Nigeria’s current economic challenges, the financial decisions Nigerians have grown accustomed to are now being adjusted. One example of this is the saving habits of Nigerians.

12 November 2024 - Chad said it had approved Elon Musk's satellite internet provider, Starlink, to operate in the country.

12 November 2024 - Investing in Money Market Funds (MMFs) remains a popular choice for Kenyans seeking stable, short-term returns. However, October 2024 saw a decline in MMF rates, continuing a downward trend. The overall average daily effective rate dropped to 14.21…

12 November 2024 - Government routinely borrows to pay older debt. In the results of weekly and monthly domestic debt auctions, this amount is described as roll over and is about twice the new debt.

12 November 2024 - NOV 12 – Oil giant Shell has won a landmark case in the Dutch courts, overturning an earlier ruling requiring it to cut its carbon emissions by 45%. The Hague court of appeal said it could not establish that Shell had a “social standard of care” to…

12 November 2024 - NAIROBI, Kenya, Nov 12 – Equity Group reported a 13 percent increase in net profit to Sh40.9 billion for Q3, driven by strong performance from its regional subsidiaries and the local unit. Regional businesses contributed 51 percent of pre-tax…

12 November 2024 - Topline A Dutch appeals court on Tuesday ruled in favor of oil giant Shell and overturned a landmark 2021 ruling by a lower court that ordered the company to sharply reduce its carbon emissions by the end of this decade, a major blow to activists…

12 November 2024 - With the global shift towards sustainable transportation, electric vehicles (EVs) are becoming increasingly popular. However, concerns about safety in EVs have arisen.

12 November 2024 - The Nigerian National Petroleum Company (NNPC) Limited has announced that it has halted the importation of refined petroleum products.

12 November 2024 - At the edge of the Nairobi National Park is Kitengela Hot Glass, the home of some of the world’s best glass products, all made from recycled glass through the process of glass blowing, a hand-crafting technique in which glass is heated to a…

12 November 2024 - Algeria has committed $2.8 billion to revitalize its rail network, a crucial step in the country's efforts to improve transportation and promote connectivity within the continent.

12 November 2024 - NAIROBI, Nov. 12 (Xinhua) — The Kenyan government on Monday rolled out reforms at the main airport Jomo Kenyatta International Airport (JKIA), located in the capital city of Nairobi, to enhance passenger traffic. John Mbadi, cabinet secretary in…

12 November 2024 - DHAKA, Nov. 12 (Xinhua) — The Bangladeshi government has launched a special lounge for the country’s millions of migrant workers at Hazrat Shahjalal International Airport (HSIA) in the capital Dhaka. Chief Advisor Muhammad Yunus inaugurated the…

12 November 2024 - Internet adoption in Africa faces challenges like policy issues, infrastructure gaps, and high costs, but many countries still strive to increase connectivity and support telecom growth.

12 November 2024 - The informal sector has over the years become a very important aspect of the African economy, accounting for a sizable proportion of employment on the continent.

12 November 2024 - Kenya's Equity Group Holdings (EQTY.NR) on Tuesday reported pretax profit of Ksh.51 billion ($397 million) for the first nine months of 2024, up from Ksh.45.9 billion in the same period a year earlier.

12 November 2024 - NOV 12 – The struggling genetic testing company 23andMe says it will cut 40% of its workforce, or 200 jobs, as it fights for survival. The once-popular DNA-testing site will also halt work on therapies it was developing. Last year, the company said…

12 November 2024 - MOMBASA, Kenya, Nov 12 – Poultry farmers in Mombasa and nearby regions are urging the Council of Governors (CoG) to address double taxation on poultry products, citing how inconsistent county tax policies increase costs and harm their…

12 November 2024 - NOV 12 – The 16th edition of the CIO100 Symposium & Awards is set to bring together Africa’s most influential IT leaders to discuss the latest trends and challenges shaping the continent’s digital landscape. The event will take place from …

12 November 2024 - NOV 12 – The 16th edition of the CIO100 Symposium & Awards is set to bring together Africa’s most influential IT leaders to discuss the latest trends and challenges shaping the continent’s digital landscape. The event will take place from …

12 November 2024 - Ugandan forensic experts have released a detailed report on the origin and impact of space debris that fell across parts of western Uganda in May 2023.

12 November 2024 - KRA has issued a directive for all taxpayers to verify their mobile phone numbers in the iTax system. Central Bank of Kenya (CBK) is the nation’s wealthiest parastatal with assets valued at Ksh1.96 trillion as of June 2024. Kenya Railways has…

12 November 2024 - If you're in the market for a new phone or laptop, importing from the US could save you money while giving you access to a broader range of products. Electronics in Kenya often come with higher markups due to shipping, taxes, distributor costs, and…

12 November 2024 - NOV 12 – Ghana is due to get a new president after December’s election. The current vice-president, Mahamudu Bawumia, and a former head of state, John Mahama, are the two leading candidates in contention to win the poll. Nana Akufo-Addo, first…

12 November 2024 - NOV 12 – Several airlines have suspended flights to Haiti after a passenger plane from the US was hit by gunfire as it tried to land in Port-au-Prince. Spirit Airlines Flight 951 from Fort Lauderdale in Florida was diverted to the neighbouring…

12 November 2024 - NAIROBI, Kenya, Nov 11 – The government has announced a Sh9.6 billion investment to enhance Kenya’s sports infrastructure by constructing five stadiums across key regions. The project, which will span 24 months, aims to upgrade sports facilities in…

12 November 2024 - A strategic shift towards the production of plastic packaging opened up significant growth opportunities, driven by demand.

12 November 2024 - Local businesses to benefit from the proposed amendments to procurement law.

11 November 2024 - The airline industry staged a remarkable recovery in 2024, surpassing expectations and overcoming the lingering impact of the pandemic. African carriers joined the upward trajectory, posting impressive results and contributing to the industry's…

11 November 2024 - Kenya has faced severe and recurring climate change-related impacts over the past years, including prolonged droughts, desert locust invasions, floods, and health crises.

11 November 2024 - The bone of contention has been payment of salary arrears owed to the lecturers and a pay raise.