Business

09 December 2024 - DEC 9 – With winter nights drawing in across North America, Canadian “snowbirds” – citizens who flee their freezing temperatures for sunnier climes every year – are planning their annual trips to Florida or the Caribbean. Traditionally, Cuba has…

09 December 2024 - Estate agents will earn a commission for units sold and mortgages arranged between buyers and banks.

09 December 2024 - Court rules that imposition of land rates on freehold properties amounts to conversion of properties to leasehold.

09 December 2024 - NAIROBI, Kenya, Nov 28 – Local pharmaceutical manufacturers and financiers gathered at Radisson Blu, Nairobi, for the Second APIFA Breakfast Meeting under the theme “Unlocking Financing for Local Manufacturing: Advancing Sustainable Health Systems…

09 December 2024 - Topline An undiagnosed disease outbreak in southwest Congo causing flu-like symptoms has now infected more than 400 people since October, health officials said Sunday, and reportedly killed 143 people since October, disproportionately affecting…

09 December 2024 - According to a new survey, more individuals in Kenya are opting for traditional banking services, despite Africa's rising trend toward mobile banking.

09 December 2024 - The high unemployment rate among African youths remains one of the most pressing challenges facing the continent today.

09 December 2024 - Excitement among residents and business operators as KCB opens new branch in the town.

09 December 2024 - NAIROBI, Kenya, Dec 9 – 76 percent of funding raised by African start-ups last month went to Kenya and Nigeria. Out of $180 million (Sh23.27 billion), which was in the form of equity, debt, and grants, raised by 32 startups on the continent, the…

09 December 2024 - SINGAPORE, Dec. 9 (Xinhua) — Singapore’s labor market showed strong growth in the third quarter of 2024, with total employment nearly doubling the increase seen in the previous quarter, according to the latest Labor Market Report by the Ministry of…

09 December 2024 - NAIROBI, Kenya, Dec 7 – VFS Global, a leading outsourcing and technology service provider for governments and diplomatic missions, has surpassed the milestone of processing 300 million visa applications globally. In the past five years alone, the…

09 December 2024 - The rumors about the working relationship between the Multinational Security Support Mission (MSS), mostly composed of Kenyan police personnel, and the Haitian National Police have been touched on.

09 December 2024 - How athletes in senior categories stole the show at Great Chepsaita Cross Country Run.

09 December 2024 - The Insurance Regulatory Authority (IRA) has revealed that 23 insurance companies in Kenya ended the 2023 financial year with insufficient capital, raising concerns over their ability to meet obligations, including paying claims. These 23 insurers…

09 December 2024 - NAIROBI, Kenya, Dec 7-The National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA) has been recognized at the 2024 Financial Reporting (FiRe) Awards for its financial management practices. The Authority received a Certificate of…

09 December 2024 - RABAT, Morocco, Dec 5 – The International Solar Alliance (ISA) and Africa50 have signed a landmark agreement for Africa50 to manage and implement the Africa Solar Facility (ASF), a $200 million initiative aimed at accelerating investments in…

09 December 2024 - NAIROBI, Kenya, Dec 6 – The Development Bank of Southern Africa (DBSA) and Axian have signed agreements to invest in the Africa50 Infrastructure Acceleration Fund (IAF), bolstering the continent’s infrastructure financing pool with support from…

09 December 2024 - Syrian President Bashar al-Assad arrived in Russia on Sunday after rebels seized control of Damascus, Russian state media said—a pivotal moment in the years-long civil war against the regime that has controlled Syria since the 1970s. Key Facts…

09 December 2024 - SYDNEY, Dec. 9 (Xinhua) — Homelessness in Australia has surged over the last three years, a new report published on Monday has found. According to a report published by the University of New South Wales (UNSW), University of Queensland (UQ), and…

09 December 2024 - NAIROBI, Kenya, Dec 9 – The Kenya Revenue Authority (KRA) has announced the development of a comprehensive set of draft statutory instruments aimed at refining the country’s tax framework. The draft rules include the Income Tax (Pay As You Earn)…

09 December 2024 - In a brazen display of hooliganism, fans of Football Kenya Federation club Gor Mahia on Sunday attacked the center referee as the reigning champions lost 1-0 defeat to Bidco United in a league...

09 December 2024 - The road to FKF presidency wasn't smooth for Hussein; he endured intimidation, heckling and sometimes outright harassment.

09 December 2024 - Research conducted in South Africa exposes how patriarchal courts push single mothers deeper into poverty.

09 December 2024 - Loans flow to manufacturing has also suffered, slumping by 11.6pc last October.

09 December 2024 - Bumbling gang expanded the premier league and thus lost SuperSport broadcasting, leaving players and teams broke.

09 December 2024 - Leaders accuse President Ruto of deliberately dragging reconstitution of electoral agency.

08 December 2024 - Results trickling in from Ghana’s 2024 presidential elections place former President John Dramani Mahama – who lost his re-election bid to the incumbent President Nana Akufo-Addo in 2016 – on track to reclaim the presidency. Ghana’s Vice President…

08 December 2024 - Compared to financial reporting, sustainability reporting is an outcome, and therefore, organisations can only report what they have done regarding material sustainability topics.

08 December 2024 - The average lending rate in the month rose to 17.15 percent against the CBR rate of 12 percent.

08 December 2024 - Cybersecurity and fraud prevention remain a major challenge for banks. With the increasing number of digital transactions, the threat of cyberattacks and fraud attempts continues to grow.

08 December 2024 - As far as education goes, we must fill our young with the basic knowledge necessary to awaken their innate creative intelligence.

08 December 2024 - The insurers closed 2023 with a combined capital shortfall of Sh32.2 billion, presenting a mismatch between capital and risk.

08 December 2024 - She will be part of a team of independent advisors charged with providing strategic guidance and monitoring executive management, to help the bank achieve its goals.

08 December 2024 - West and Central Africa face some of the highest challenges in adolescent well-being, with six of the 10 countries with the highest prevalence of child marriage located in this region.

08 December 2024 - On government cooperation frameworks, Telegram takes a hard-line stance against government requests for user data, often resulting in confrontational relationships with authorities.

08 December 2024 - Unpaid bills by the 47 counties grew six percent to Sh194.01 billion in September from Sh181.98 billion three months earlier.

08 December 2024 - Their trip starts in Nairobi on December 12. They will go up the A2 to the Moyale border point accompanied by about 200 other motorcyclists.

08 December 2024 - Credit flow to the manufacturing sector has suffered, slumping by 11.6 percent in October from a double-digit growth rate at the same time last year.

08 December 2024 - For businesses, the challenges are equally daunting, with constrained liquidity and shifting consumer behaviour creating a more competitive and volatile landscape.

08 December 2024 - São Tomé and Príncipe, Cape Verde, and Guinea-Bissau recorded the lowest beer production figures in Africa.

08 December 2024 - Data collated by CBK and sourced from records kept by the KRA, suggests Kenya’s exports to Africa has slowed this year, while imports have fallen.

08 December 2024 - Currently, Kenya Power only publishes the names of each IPP, the amount of electricity purchased and all costs tied to the particular producer.

08 December 2024 - Algeria boasts the lowest inequality index in Africa at 27.6%, ranking 152nd globally. Following closely is Egypt, with an index of 31.5%, placing it 133rd worldwide, while Seychelles ranks third in the region at 32.1%, holding the 129th spot…

08 December 2024 - Starlink’s pricing strategy has unsettled local market players including Safaricom, Airtel Kenya, and JTL, all of whom have fired protest letters to the Communications Authority of Kenya (CA).

08 December 2024 - John Dramani Mahama, Ghana’s former president, has achieved a remarkable political comeback after his opponent, Vice President Mahamudu Bawumia, conceded defeat on Sunday.

08 December 2024 - John Dramani Mahama, Ghana’s former president, has achieved a remarkable political comeback after his opponent, Vice President Mahamudu Bawumia, conceded defeat on Sunday.

08 December 2024 - WASHINGTON, Dec. 7 (Xinhua) — The U.S. Department of Defense announced on Saturday that it will provide weapons worth 988 million U.S. dollars to Ukraine over a relatively longer term to enhance its military capabilities amid the conflict with…

08 December 2024 - DEC 8 – Private sector players have been urged to leverage technology as a critical tool in combating corruption and upholding business ethics. Speaking at the 5th Africa Business Conference (ABEC), Francesco Checchi, Team Lead at the United…

08 December 2024 - Nairobi, Kenya – Dec – Boniface Makori has been crowned the winner of Procera Gin’s first-ever bartender competition, held at the Procera Distillery in Nairobi. Competing against 35 top mixologists, Makori’s victory earned him a coveted spot at the…

08 December 2024 - A company linked to the family of Mining, Blue Economy and Maritime Affairs CS Joho will be paid Sh9 billion to relinquish its interest in a 79-acre prime land in Nairobi.