Business

11 November 2024 - ABU DHABI, Nov. 11 (Xinhua) — The United Arab Emirates (UAE) will establish a new aid agency to advance the country’s global humanitarian outreach, the official Emirates News Agency reported on Monday. The UAE Aid Agency will implement foreign aid…

11 November 2024 - NAIROBI, Kenya, Nov 11 – UBA Kenya, in collaboration with RealSources Africa, AfCFTA, Brand Kenya, and DHL, has launched the TradeConnect initiative to advance intra-African trade by connecting manufacturers, SMEs, and exporters across the…

11 November 2024 - Citizenship by investment (CBI) enables high net-worth individuals to acquire additional citizenships by making a significant investment in a host country. These individuals provide an investment fund in exchange for expanded global mobility and…

11 November 2024 - NAIROBI, Kenya, Nov 11 – Adili Group has unveiled its Cyber Training Arena in Nairobi, a new facility aimed at enhancing digital security skills to tackle escalating cyber threats across Africa. The arena offers over 130 specialized training…

11 November 2024 - NAIROBI, Kenya, Nov 10 – Tile and Carpet Centre has announced upcoming redundancies in its Athi River production department, citing economic and production challenges as key drivers. The restructuring is set to begin on December 6, 2024, as part of…

11 November 2024 - HANOI, Nov. 11 (Xinhua) — The State Bank of Vietnam will study and propose to the government the establishment of a national gold exchange at an appropriate time and context, the central bank’s governor Nguyen Thi Hong has said. The gold exchange’s…

11 November 2024 - It has been an exciting and rewarding debut year for South African singer, Tyla Seethal, best known as ‘Tyla’. Her latest recognition on the global stage is a raft of historic awards and nominations. On Sunday, in Manchester, United Kingdom, Tyla…

11 November 2024 - Gathungu says the land on which the 106-megawatt hydroelectric power station, whose construction was completed in 1991, does not have ownership documents.

11 November 2024 - The landing cost of Premium Motor Spirits (petrol), in Nigeria which represents the cost of importing and distribution has seen a substantial decline.

11 November 2024 - TASHKENT, Nov. 11 (Xinhua) — Uzbekistan exported 2,178 tons of pomegranates worth 2.7 million U.S. dollars from January to September 2024, UzDaily.com reported. According to the country’s statistics agency, 1,714 tons of the pomegranates were…

11 November 2024 - Topline The price of Bitcoin breached $82,000 for the first time ever early on Monday, continuing its post-election bull run as President-elect Donald Trump has promised to bolster the industry while several pro-crypto candidates won down-ballot…

11 November 2024 - Senegal is expected to recommit a €2.5 billion ($2.67 billion) program aimed at reducing its dependence on fossil fuels during the COP29 climate conference in Azerbaijan this month.

11 November 2024 - NOV 11 – Geopolitical tensions and economic uncertainties, which can be partly attributed to people’s uneasiness after the pandemic, are temporary and will not impair the attractiveness of the Chinese market, whose importance and high quality…

11 November 2024 - NAIROBI, Kenya, Nov 11 – Nairobi Chapel has kicked off a Sh150 million fundraising campaign to establish the LOGOs Education Endowment Fund, aiming to support deserving students across Kenya who face financial challenges. The endowment fund will…

11 November 2024 - Australian gold miner, Resolute Mining’s shares witnessed a 32% drop on Monday following the arrests of three of its employees including CEO Terence Holohan by Malian government officials.

11 November 2024 - NOV 11 – When dairy farmer Patrick Holden sat down at his kitchen table to read his emails one day in July, he couldn’t believe his luck. A buyer, who claimed to represent a French supermarket chain, wanted to buy 22 tonnes of Hafod, his specialist…

11 November 2024 - NAIROBI, Kenya, Nov 10 – The National Biosafety Authority has revealed that seven crops undergoing genetic modification in the country have either advanced to the confined field trial or the environmental release stage. A confined field trial (CFT…

11 November 2024 - Tatu City is fighting many a battle as shareholder wars, including disputed taxes and fallouts with clients.

11 November 2024 - Oil marketers in Kenya are pressing for a revision of the fuel pricing formula, which they say no longer reflects the rising costs of supply. Kenya is preparing to reintroduce a carbon tax with guidance from the IMF. Kenya's foreign exchange…

11 November 2024 - NOV 11 – The price of bitcoin has risen above $80,000 (£62,000) for the first time ever, after Donald Trump’s decisive victory in the US election last week. It comes as the Republicans are edging closer to overall control of Congress after having…

11 November 2024 - NOV 11 – Indian full-service carrier Vistara will operate its last flight on Monday, after nine years in existence. A joint venture between Singapore Airlines and the Tata Sons, Vistara will merge with Tata-owned Air India to form a single entity…

11 November 2024 - NAIROBI, Kenya, Nov 11 – President William Ruto has affirmed the government’s commitment to the genetic preservation of the two remaining Northern White Rhinos in the world, which are held at the Ol Pejeta Conservancy in Laikipia. Speaking during…

11 November 2024 - The recently concluded inaugural Russia-Africa Ministerial Conference, which had in attendance, delegations from 54 countries and 45 African ministers, provided some insight into the budding relationship between Africa and Russia.

11 November 2024 - Decline during the period attributed to lower earnings from fixed income assets.

11 November 2024 - Civil servants have largely been spared the agony that private sector workers are going through.

11 November 2024 - Bitcoin soared to a new record high on Sunday, as traders bet that Donald Trump's return to the White House will be good for the cryptocurrency.

11 November 2024 - Unscrupulous traders are smuggling some harmful farm inputs into Kenya, putting farmers and consumers at risk.

10 November 2024 - In an era where global markets are moving swiftly toward AI-driven solutions, businesses in Kenya must act with urgency to avoid being left behind.

10 November 2024 - The benefits of having responsive legislative reforms that speak to the principles and the true spirit of Islamic finance cannot be overemphasised.

10 November 2024 - Education Cabinet Secretary Julius Ogamba has in the past confirmed that the university was grappling with significant financial issues, including certified outstanding debts of Sh8 billion.

10 November 2024 - The Africa Development Bank reports that every year, one out of every four exporters in Kenya fail to meet some sales due to inability to access trade finance.

10 November 2024 - With climate change intensifying and global temperatures rising, the need for substantial investments in sustainable practices and technologies is paramount.

10 November 2024 - Mr Trump promised in his campaigns to impose heavy tariffs on imported goods, make tax cuts and deport millions of unauthorised immigrants.

10 November 2024 - The company is keen to cement its dominance in supplying the national electricity grid from its current share of 64 percent.

10 November 2024 - Bringing together governmental and non-governmental organisations as well as commercial interests, COP29 could be another venue for private-sector relationship-building between Azerbaijan and Kenya.

10 November 2024 - The government’s previous attempt to introduce a pollution tax, the so-called eco levy, through the Finance Bill, 2024 flopped after youth-led protests forced the State to withdraw the proposed...

10 November 2024 - In Kenya, the preterm birth rate was estimated to be 12 per 100 live births in 2014 Kenya Demographic and Health Survey, this could have increased up to rates of 14 per 100 live births according...

10 November 2024 - In Africa, despite leading the global average for female board representation, with 25 percent of board seats held by women against a global average of 17 percent, the fight for gender equity is...

10 November 2024 - The African continent has a legacy of innovating solutions to their challenges and sharing them widely. In the context of the climate crisis, this strength is more relevant than ever.

10 November 2024 - A majority of firms surveyed indicated they plan to invest in new branches and ramp up budgets for marketing campaigns to boost sales in anticipation of greater demand for goods and services in...

10 November 2024 - In some African nations, young workers are scraping by on less than $2.15 a day, a sobering sign of the deep-rooted economic issues across the continent. Madagascar has the highest percentage of employed youth living on less than $2.15 a day, at 78…

10 November 2024 - Kanani had the last laugh when Justice Sifuna dismissed the petition by the EACC, seeking the forfeiture of the assets, including land, four high-end vehicles, and money in bank accounts.

10 November 2024 - Last week, Mr Kanani had the last laugh when Justice Sifuna dismissed the petition by the EACC, seeking the forfeiture of the assets, including land, four high-end vehicles, and money in bank...

10 November 2024 - The call came as fears abound that agrochemicals banned for use in farms in Europe could have found their way into Kenya, exposing consumers to health risks.

10 November 2024 - The perpetrators mostly targeted Android mobile devices, Android smart television sets, set-top boxes, and Google TVs.

10 November 2024 - Pension funds tend to have large exposure to fixed income assets such as risk-free government bonds and fixed deposits, owing to their largely conservative in their investment approach.

10 November 2024 - The proposed Public Officers Medical Scheme Fund will pay hospital bills for civil servants and disciplined officers once they exhaust their limits under the general SHIF scheme.

10 November 2024 - An important aspect is for investors and stakeholders to perform scenario planning and climate risk impact assessment across their investment portfolio.

10 November 2024 - The KRA has increasingly come under pressure for missing tax revenue targets, even as individuals and firms decry over taxation that has hit domestic spending power and business profits.

10 November 2024 - NAIROBI, Kenya, Nov 10 – Kenyan industries are being encouraged to adopt Artificial Intelligence (AI) and other advanced technologies to strengthen the manufacturing sector. Speaking at the Kenya Industrialization Conference at KICC, Kenya…