12 June 2025
- Nigeria’s democracy, now in its third decade, has endured, but the consensus among analysts and entrepreneurs is that survival is not the same as success. Nigeria marks 26 years since the end of military rule today with a mixture of celebration and…
12 June 2025
- Africa must begin to define its own energy future. This is not a rejection of global collaboration, but rather a call for genuine partnership built on context and mutual respect.
12 June 2025
- If Kenya is to strengthen financial inclusion and build a more stable credit market, we must move beyond compliance checklists and ask harder questions about borrower behaviour, motivation, and...
12 June 2025
- NAIROBI, Kenya, June 12 – The government has announced fresh efforts to rein in the public wage bill, with plans to fully implement a unified human resource management system and review public service allowances to ensure fiscal sustainability.…
12 June 2025
- NAIROBI, Kenya, June 12 – Treasury Cabinet Secretary John Mbadi has issued a stark warning over Kenya’s rising public debt, urging for tighter financial discipline, strategic planning, and more efficient revenue mobilization to prevent a looming fiscal…
12 June 2025
- The European Commission, the primary executive arm of the European Union (EU), has classified Kenya as a high-risk country for money laundering and terrorism financing.
12 June 2025
- Born on March 15, 1943, in Texas, Sylvester Stewart grew up in North Carolina where he fell in love with music as a young boy as his parents played a variety of instruments.
12 June 2025
- NAIROBI, Kenya – June 11, 2025 – PROTO Energy Limited, a leading clean energy provider, has partnered with GoBEBA Everything LTD, an e-commerce platform specializing in bulk utility fulfillment, to expand access to liquefied petroleum gas (LPG) across…
12 June 2025
- NAIROBI, Kenya, June 12, 2025 – Global urban developers and policymakers have launched a bold agenda aimed at reshaping Africa’s urban future through the creation of investment-ready charter cities designed to meet the continent’s rapid population…
12 June 2025
- JUNE 12 – A number of products from a brand of US sweets are “unsafe to eat” and contain ingredients which could damage DNA and increase the risk of cancer, the Food Standards Agency (FSA) has warned. UK businesses and consumers are being urged to stop…
12 June 2025
- NAIROBI, Kenya, June 12 – Treasury Cabinet Secretary John Mbadi is presenting a Sh4.2 trillion budget for the 2025/26 financial year, with the government targeting to raise Sh3.3 trillion in revenue and bridge a Sh900 billion deficit through borrowing…
12 June 2025
- Falling interest rates have allowed the government to borrow from the domestic credit market at relatively cheaper rates easing pressure on debt servicing costs.
12 June 2025
- NEW DELHI, June 12 (Xinhua) — An Air India flight to London with 242 people on board, including two pilots and 10 cabin crew members, crashed Thursday shortly after takeoff from an airport in the western Indian state of Gujarat, officials said. The…
12 June 2025
- Aliko Dangote will retire as Chairman of the Board of Dangote Sugar Refinery Plc on June 16, 2025, marking the end of two decades of leadership at one of Nigeria's most profitable food companies.
12 June 2025
- SEOUL, June 12 (Xinhua) — South Korea’s tax revenue rose for the first four months of this year on higher corporate and income taxes, government data showed Thursday. Tax revenue ran to 142.2 trillion won (104.7 billion U.S. dollars) in the January-…
12 June 2025
- Topline An Air India plane with more than 200 passengers on board crashed near the Ahmedabad airport in the state of Gujarat in Western India on Thursday shortly after takeoff. Key Facts According to a statement released by Air India, Flight AI171…
12 June 2025
- NAIROBI, Kenya, June 12 – The COMESA Competition Commission (CCC) and the East African Community Competition Authority (EACCA) have signed a Memorandum of Understanding (MoU) to strengthen cross-border consumer protection and market competition. The…
12 June 2025
- As revealed in the National Road Safety Action Plan, all drivers in Kenya will be required to transition to the new driver's license (smart license) within 3 years.
12 June 2025
- DHL Group plans to invest around €500 million ($575 million) in healthcare infrastructure across Africa and the Middle East over the next five years.
12 June 2025
- JUNE 12 – The UK economy shrank by more than expected in April as taxes increased for businesses, household bills jumped and exports to the US plunged. The economy contracted by 0.3%, more than the 0.1% fall predicted by economists. In April, employers…
12 June 2025
- NAIROBI, Kenya, Jun 11 – Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has warned that powerful pesticide cartels are actively sabotaging government efforts to eliminate harmful agrochemicals and enforce food safety standards.…
12 June 2025
- Russia has set a new global benchmark in grain exports by delivering over 10 million tons of wheat to Egypt in 2024, an unprecedented volume that underscores Moscow’s expanding influence in global food supply chains and its deepening trade ties with…
12 June 2025
- JUNE 11 – Talks aimed at cooling tensions between the US and China have ended in a “deal”, according to US President Donald Trump. He said China had agreed to supply US companies with magnets and rare earth metals, while the US would walk back its…
12 June 2025
- NAIROBI, June 12 (Xinhua) — Kenya’s tea production declined by 18.8 percent in the first quarter of 2025 due to unfavorable weather conditions, the Tea Board of Kenya (TBK) said on Wednesday. According to a report released by the TBK, the country…
12 June 2025
- NAIROBI, Kenya, June 11 – Novotel Nairobi Westlands is set to celebrate Father’s Day 2025 in style with a themed brunch titled “Honour the Bond That’s as Strong as the Flavour” on Sunday, June 15. The event promises a family-friendly day of…
12 June 2025
- Hello and welcome to the Money News Roundup Newsletter, where we’re zooming in on the Ksh4.29 trillion budget that CS Mbadi is set to present in Parliament today.
12 June 2025
- For the sixth consecutive time, the Central Bank has lowered the base lending rate to unlock credit to the private sector. The Monetary Policy Committee made the decision based on the economic environment, noting that there was scope for further…
11 June 2025
- As phone chats become routine on trains, personal conversations spill over in cafes and workplace discussions echo through open-plan offices; discussions which were once considered private are increasingly becoming public. One of the downsides is that…
11 June 2025
- NAIROBI, Kenya, June 11 – Binance and the Virtual Assets Chamber (VAC) have welcomed Kenya’s progress on digital asset regulation, urging tax policies that foster innovation and growth. At a joint press briefing in Nairobi, Binance’s Head of Legal for…
11 June 2025
- Mbadi said the fear of protests forced the abandonment of aggressive tax hikes amid the pressure to raise additional revenues from tax cheats.
11 June 2025
- NAIROBI, Kenya, June 11 – Kenya’s Madaraka Express marked its 8th anniversary with a renewed focus on expanding cargo and passenger transport, reinforcing its role in powering economic growth. Kenya Railways MD Philip Mainga said cargo volumes on the…
11 June 2025
- Kenya’s debt has quadrupled in the last 10 years to Sh11.35 trillion (70 percent of GDP) in March from Sh2.84 trillion (49.75 percent of GDP) in June 2015 with debt repayments starving other...
11 June 2025
- The cuts on secondary education funding include Sh3 billion spending towards capitation, a Sh2 billion cut in Junior Secondary School funding and Sh250 million cut in ICT integration projects in...
11 June 2025
- KPC is a 100 percent owned by the government, while taxpayers control a 35 percent shareholding in Safaricom worth nearly Sh334.44 billion after selling a 25 percent stake to investors via an...
11 June 2025
- 'Last year’s process was marked by some bit of arrogance from the National Assembly. We processed the Finance Bill without taking the views of Kenyans who were opposed to its punitive taxation...
11 June 2025
- The everyday commute has turned into a slow-moving nightmare in many African cities. Long periods stuck in traffic are now the rule, whether traveling from Lagos to Nairobi, Johannesburg to Cairo.
11 June 2025
- Zimbabwe will ban the export of lithium concentrates starting January 2027, as part of a broader strategy to boost local value addition in the mining sector.
