Business

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

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…

10 November 2024 - NEW DELHI, Nov. 10 (Xinhua) — India’s foreign exchange (forex) reserves continued to decline for the fifth consecutive week, down by 2.675 billion U.S. dollars to 682.130 billion dollars during the week ended Nov. 1, showed the latest data released…

10 November 2024 - NAIROBI, Nov. 10 (Xinhua) — Kenya has reaffirmed its commitment to strengthening ties with China in the tourism and cultural sectors, building on the success of the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) in September in…

10 November 2024 - At the ninth edition of ART X Lagos, FORBES AFRICA witnessed a convergence of artists, collectors, and creatives, each contributing to the dynamic rise of Africa’s art scene. César Schofield Cardoso, an artist from the quiet shores of Cape Verde,…

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

10 November 2024 - China has unveiled an ambitious plan to relieve public debt, aiming to turn local governments away from belt-tightening practices that have exacerbated a domestic downturn.

10 November 2024 - IMF says it can provide guidance to the government when implementing PPPs to mitigate any fiscal risks from the projects.

10 November 2024 - NAIROBI, Kenya, Nov 9 – The Kenya Tea Development Agency Holdings (KTDA) has completed the implementation of Systems, Application, and Products (SAP) software across its 71 managed tea factories nationwide.  The rollout, which began in 2016,…

10 November 2024 - Safaricom says it is engaging the Kenyan authorities to ensure that the reforms do not scale back efforts to digitise the economy.

10 November 2024 - Sigmund Freud said that an adult who nail-bites is fixated on the oral stage of psychosexual development.

10 November 2024 - Multi-lateral lender says proposed levies on phone calls, data and betting will raise Sh145 billion against Sh209 billion.

09 November 2024 - The Dangote Refinery is in advanced talks with eight African nations to secure fuel supply agreements.

09 November 2024 - NAIROBI, Kenya, Nov 9 – Metrofile and the Kenya Association of Records Managers and Archivists (KARMA) have partnered to modernize record management in Kenya, supporting the Ministry of Information, Communications, and Digital Economy’s (MICDE)…

09 November 2024 - NAIROBI, Kenya, Nov 9 – Homa Bay County is aiming to increase its revenue collection ahead of the Christmas season by capitalizing on its growing tourism sector. Under Governor Gladys Wanga, the county has seen significant economic growth,…

09 November 2024 - The golf club members have been using the land since 1934.

09 November 2024 - Auditor-General Nancy Gathungu has previously raised questions about the management of the fund.

09 November 2024 - NOV 9 – The UK could face a £22bn hit to its exports if Donald Trump imposes a blanket 20% tariff on all imports into the US, according to a new analysis. UK exports to the world could fall more than 2.6% due to lower trade with the US and knock-on…

09 November 2024 - NAIROBI, Nov. 9 (Xinhua) — Kenya’s foreign exchange reserves rose by a record 737 million U.S. dollars to reach a three-year high of 9.32 billion dollars as of Thursday, the Central Bank of Kenya (CBK) said in its weekly financial markets update…

09 November 2024 - Companies that prioritize a supportive atmosphere see significant benefits, including a high-performing team that drives success. A good work environment boosts productivity and trust, leading to a strong and trustworthy team.

09 November 2024 - Companies that prioritize a supportive atmosphere see significant benefits, including a high-performing team that drives success. A good work environment boosts productivity and trust, leading to a strong and trustworthy team.