Business

10 December 2024 - DEC 10 – A 26-year-old man has been charged with murder over last week’s fatal shooting of UnitedHealthcare CEO Brian Thompson in New York City. Luigi Mangione was taken into custody at a McDonald’s in the town of Altoona, Pennsylvania, about 280…

10 December 2024 - NAIROBI Kenya, Dec 10 – President William Ruto has announced the creation of the Hustler Fund Behavioral Credit Rating System that is aimed at expanding credit accessibility to borrowers who repay within the stipulated 14 days. Ruto also launched…

10 December 2024 - TotalEnergies Marketing Kenya PLC has informed its stakeholders of a projected decrease in profit afer tax in the year ending December 2024.

10 December 2024 - Nairobi, Kenya, Dec 10 – Online marketplace Jiji has secured a double victory, earning top honors at two events in the digital commerce and mobile app sectors. The company was named Best E-Commerce Platform at the 2024 Digitally Fit Awards – East…

10 December 2024 - JERUSALEM, Dec. 10 (Xinhua) — Israeli Prime Minister Benjamin Netanyahu is set to testify Tuesday for the first time in his trial for bribery, fraud and breach of trust charges. His testimony will begin in an underground room in the Tel Aviv…

10 December 2024 - NAIROBI, Kenya, Dec 10 – Kenya has completed a 400-kilovolt transmission line with Tanzania, paving the way for renewable energy exports and regional energy integration.  Energy Cabinet Secretary Opiyo Wandayi announced the milestone, highlighting…

10 December 2024 - The watchdog has been on an aggressive drive to shield Kenyans against breaches.

10 December 2024 - The tech giant’s ‘Year in Search’ list reveals the most popular trends that have captured the interest of Kenyans over the past 12 months.

10 December 2024 - NAIROBI, Kenya, Dec 9 – The United Kingdom has announced sanctions against Kenyan businessman Kamlesh Pattni for money laundering through gold exports from Southern Africa. Sanctions have also been imposed on Pattni’s wife and brother-in-law for…

09 December 2024 - Artificial intelligence (AI) holds transformative potential for Africa, but harnessing it responsibly is crucial. As AI increasingly integrates into various sectors, standards for robust governance frameworks are essential to ensure its ethical and…

09 December 2024 - It is also not clear whether Asharami will fully or partially fund the construction of the facility and whether it will acquire a stake.

09 December 2024 - Despite the withdrawal of Burkina Faso, Niger, and Mali from its previous regional bloc, the Economic Community of West African States (ECOWAS), Senegal's president, Bassirou Diomaye Faye, has stated that he is making progress with each of these…

09 December 2024 - A total of Sh60.5 billion has been dished out to some 24.7 million borrowers since the Fund was rolled out in late November 2022.

09 December 2024 - Change begins at the top, as leaders play a critical role in shaping corporate culture, setting the tone for ethical behaviour and ensuring accountability.

09 December 2024 - Through a comprehensive approach that includes regulatory overhaul, grassroots support to its citizens, infrastructure expansion, and strategic partnerships with the private sector, Nigeria is recalibrating the use of its vast natural gas reserves…

09 December 2024 - Kenyan Eurobond yields have moderated since early February when the papers’ return swelled on investor jitters on a potential sovereign default.

09 December 2024 - Across the continent, the lack of accessible and affordable charging networks is a major obstacle.

09 December 2024 - The university shut down the campus in January 2021 after giving a three-month notice, citing a decline in student enrolment and the effects of the Covid-19 pandemic.

09 December 2024 - The show stars Daniel Weke, Elsaphan Njora, Maina wa Ndungu, and Bilal Wanjau as Malik, Allan, Edu, and Michael, respectively.

09 December 2024 - Mr Pattni allegedly used Suzan General Trading to claim incentives from the Zimbabwe government, under a programme intended to boost mineral exports.

09 December 2024 - African women are set to gain greater access to opportunities in technology and innovation after a new partnership between Women in Technology and Innovation Africa (WITIA), and China Trade Week Global.

09 December 2024 - The county government opposed the application arguing that the suspension of the section would deny the devolved unit revenue collection, which was critical for service delivery.

09 December 2024 - To scale up absorption of development funds in county governments, there is need for a better financial management and priority setting at the county level.

09 December 2024 - Sommeliers say Kenyans have already started asking what to stock and seeking to hire them in their private functions.

09 December 2024 - According to the World Bank, Kenya’s manufacturing companies contribute the least to GDP in East Africa, followed by Tanzania, Rwanda, and Uganda.

09 December 2024 - They were last seen travelling home from Nairobi last Friday.

09 December 2024 - This is the first time since the start of devolution in 2013 that any county has surpassed Nairobi’s OSR collection.

09 December 2024 - Africa’s natural gas reserves are estimated to last another 55.7 years at the current production rate. In 2023, the continent pumped out 253 billion cubic meters of natural gas, a whopping 87% increase since 2000.

09 December 2024 - Ghana recently made history with the emergence of Professor Naana Jane Opoku-Agyemang as the nation’s first-ever vice president.

09 December 2024 - Ghana recently made history with the emergence of Professor Naana Jane Opoku-Agyemang as the nation’s first-ever vice president.

09 December 2024 - NAIROBI, Kenya, Dec 9 – The Route to Food Initiative (RTFI) has introduced Kenya’s first-ever Farmers Resource Guide on alternatives to Highly Hazardous Pesticides (HHPs) to promote sustainable and pesticide-free farming practices. This comes after…

09 December 2024 - TOKYO, Dec. 9 (Xinhua) — Tokyo stocks rebounded Monday, following gains in U.S. tech stocks over the weekend with strong demand seen in leading stocks. The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed the day at 39,160.…

09 December 2024 - NEW DELHI, Dec. 9 (Xinhua) — India on Monday appointed Sanjay Malhotra as the new governor of its central bank – Reserve Bank of India (RBI), officials said. The announcement was made in a notification issued by the government’s cabinet…

09 December 2024 - NAIROBI, Kenya, Dec 9 – Kenyan fintech startup Leja has processed over $2 billion in business-to-business (B2B) payments since its launch, reflecting a 30 percent month-over-month growth rate and a cumulative 300 percent increase within a year. The…

09 December 2024 - DEC 9 – Closer relations between the UK and the European Union (EU) will boost economic growth, Chancellor Rachel Reeves will tell finance leaders on Monday. In the first address by a British chancellor to the Eurogroup since Brexit, Reeves will…

09 December 2024 - MERU, Kenya, Dec 9 – The Policyholders Compensation Fund (PCF) has disbursed Sh116 million to 890 claimants from collapsed insurance firms, including Resolution Insurance, Concord Insurance, Standard Assurance, Blue Shield, United Insurance, and…

09 December 2024 - The prosecution says the owner's unlawful acts caused the deaths of the said 10 people during the explosion.

09 December 2024 - The airline said that it will operate three-night flights a week from JKIA to Gatwick starting July 2.

09 December 2024 - The Bursary Fund Coordinator awarded himself a bursary of Sh60,000, exceeding the set criteria of Sh15,000 for graduate students.

09 December 2024 - Cape Town International Airport leads Africa with an exceptional AirHelp score of 8.50, ranking as the second-best airport globally.

09 December 2024 - Equinor has finalized the sale of its assets in Nigeria and Azerbaijan for up to $2 billion, marking the end of its operations in both countries after roughly 30 years, the Norwegian oil and gas company announced on Monday.

09 December 2024 - Accused woman faces four counts of publishing false information the Cabinet Secretary for Mining.

09 December 2024 - Installing the solar system is costly, but maintaining it is manageable as it does not require fossil fuel.

09 December 2024 - Adopting better farming techniques will improve food security and nutrition.

09 December 2024 - The report shows that of the 1,333 buildings inspected in various counties, including Nairobi, only 570 were deemed safe.

09 December 2024 - Supreme Court judge Lenaola cites the incident as a worrying signal ahead of 2027 General Election.

09 December 2024 - NAIROBI, Kenya, Dec 9 – Revenue collected by the Kenya Revenue Authority (KRA) in the five months to last month expanded by 4.3 percent to Sh1 trillion compared to a similar period last year. Between July and November 2023, the taxman collected…

09 December 2024 - WELLINGTON, Dec. 9 (Xinhua) — The New Zealand government is introducing measures to ensure the Reserve Bank places greater importance on competition in the banking sector, Finance Minister Nicola Willis said on Monday. “The change will enable the…

09 December 2024 - NAIROBI, Kenya, Dec 9 – The Nairobi County Government has announced new private and public valuation properties/plot rates. In a notice, the Nairobi County Built Environment and Urban Planning CECM Patrick Mbogo stated that residential plots,…

09 December 2024 - Talent Hub launch comes at a time when Africa’s digital economy is projected to grow to $180 billion by 2025.