Business

18 June 2025 - NAIROBI, Kenya, June 18 – Kenya’s ambitious move to tax digital assets has delivered a windfall for government coffers, raking in Sh10 billion in revenue over the past financial year, an achievement underscored by former KRA chair Anthony Mwaura. But…

18 June 2025 - Standard Chartered has renewed its focus on supporting Africa’s wealthy to grow, preserve and pass on their fortunes as it positions itself as the financial partner of choice for the continent’s emerging affluent and legacy-minded investors.

18 June 2025 - The company leaders noted that changes in the workforce would be implemented between July and September 2025.

18 June 2025 - Government forced to do without the amount in nine months to March this year.

18 June 2025 - NAIROBI, Kenya, June 17 – The United Arab Emirates has revoked the licence of Sundus Exchange and imposed a fine of AED10 million (about Sh400 million) for violating anti-money laundering (AML) and counter-terrorism financing regulations. The Central…

18 June 2025 - JUNE 18 – Amazon boss Andy Jassy has told staff to embrace artificial intelligence (AI) and warned the technology will lead to a smaller corporate workforce in the next few years. He shared the prediction in a memo to staff on Tuesday, which urged…

18 June 2025 - NAIROBI, Kenya, June 18 – The Central Bank of Kenya (CBK) has increased bulk payment settlement time to enable completion of large-value and time-sensitive transactions. Starting July 1, 2025, the Kenya Electronic Payment and Settlement System (KEPSS…

18 June 2025 - Money Market Funds (MMFs) continue to be a preferred investment choice for Kenyans looking for stability, liquidity, and better returns than traditional savings accounts. However, in May 2025, the trend of declining MMF yields persisted.

18 June 2025 - Zimbabwe’s gold-backed currency, the Zimbabwe Gold (ZiG), continues to face skepticism from both the public and financial analysts, despite central bank assurances of stability and full reserve backing.

18 June 2025 - Today, we’re covering the projected price increase of some consumer goods such as maize flour and sugar. We also detail why Kenyans face higher pump prices in the coming months.

18 June 2025 - NAIROBI, Kenya, June 17 – Carbon markets could release 1.5 to 2.5 gigatonnes of new emissions annually, fueling more pollution in Africa, a recent report by Power Shift Africa has revealed. The report titled “Why Carbon Markets Are a Dangerous…

18 June 2025 - JUNE 18 – TikTok will live on for at least another three months in the United States, as President Donald Trump is poised to extend a sale or ban deadline for the third time since taking office this year. “President Trump will sign an additional…

18 June 2025 - Oil prices jumped and stocks mostly fell Tuesday after President Donald Trump abruptly departed G7 talks, and concerns rose over a possible US intervention.

18 June 2025 - NAIVASHA, Kenya, June 17 – President William Ruto has defended the government’s Affordable Housing Programme, stating that no level of criticism will deter his administration from pushing forward with the initiative, which he says is central to…

18 June 2025 - MOMBASA, Kenya, June 17, 2025 — Regional leaders, conservationists, and private sector players gathered at the Serena Beach Resort & Spa in Mombasa to mark World Oceans Day with a call for bold, collective action to secure the future of marine…

18 June 2025 - The escalation of conflict could impede oil trade and lead to increase in prices.

18 June 2025 - If loans to the private sector dip, it will mark the extension of a general trend observed last year, where lending slowed down to touch near zero in October, on the back of high interest rates...

17 June 2025 - The 2025 Economic Survey shows that labour market recovery is slower than expected, especially for the youth and other vulnerable groups.

17 June 2025 - Employers must now ask tough questions: Does SHIF duplicate, supplement or complement our existing medical schemes?

17 June 2025 - Like me, most technopols go into frontline politics, thinking that we need more politicians who understand policy prescriptions.

17 June 2025 - Exempt supplies are not subject to Value-Added Tax (VAT) and do not allow recovery on related costs, while zero-rated supplies are taxed at zero percent but still permit reclaims on inputs.

17 June 2025 - The healthcare provider is associated with former Kesses MP Swarup Mishra, the founder of the institution.

17 June 2025 - The growth of the gold sector on the continent could translate into broader economic gains, including short-term relief, investment gains and rising income from mining, and job creation throughout the value chain. With gold trading above $3,390 per…

17 June 2025 - Motor insurance is the second largest class of general insurance in Kenya after medical, having given the industry gross written premiums of Sh55.98 percent after Sh76.31 billion from medical in...

17 June 2025 - The president of Kenya, William Ruto, has relayed what he believes should be the benchmark for the performance of his administration, noting that impact and transformation, rather than term limits and time, should determine his leadership.

17 June 2025 - Carrefour Kenya has 28 outlets in Kenya and is aiming to eat further into the dominance of Naivas and QuickMart.

17 June 2025 - JUNE 17 – Mali’s military junta has started building a gold refinery in partnership with a Russian conglomerate, the Yadran Group. The project would embody the West African nation’s assertion of its “economic sovereignty”, and ensure the nation…

17 June 2025 - State House is among 15 government agencies that have been allocated emergency funds, receiving an extra Sh358.1 million disbursed on May 15.

17 June 2025 - Kenyan professionals can tap into innovative platforms beyond the conventional conferences.

17 June 2025 - The shedding of full-time jobs has come in the period 47.1 percent of the manufacturers reacted to reduced sales by cutting on production volumes and therefore requiring fewer employees.

17 June 2025 - A Malian court has ordered Barrick Gold's Loulo-Gounkoto gold mining complex to be placed under provisional administration for six months, as tensions escalate between the Canadian mining giant and Mali's military-led government over alleged unpaid…

17 June 2025 - The protests were triggered by the death of teacher and blogger Albert Ojwang’ in police custody.

17 June 2025 - The preferential rate was introduced in 2023 and was to run for five years.

17 June 2025 - Stanbic’s loan was set to mature on March 16, 2025 —a date that proved too early to tap the cash for rights issue to settle it.

17 June 2025 - NAIROBI, Kenya, June 17 – The inaugural International Religious Freedom (IRF) Summit Africa kicked off Tuesday in Nairobi, positioning religious liberty as a foundational driver for peace, social cohesion, and economic development across the continent…

17 June 2025 - For thousands who continue to pursue CNA and caregiver training, the opportunities, especially abroad are well worth the investment.

17 June 2025 - By Prudence Khamati JUNE 17 – Insurance for most Kenyans, is a grudge purchase – something people reluctantly buy because it is mandated, not necessarily because they see its value. This has contributed to a low insurance penetration rate of under 3%,…

17 June 2025 - The government has opted to source for funds from the public in order to complete the stadium before the 2027 African Cup of Nations being hosted in the country.

17 June 2025 - While social media has softened walls between juniors and superiors, it has also created new dynamics around power, tone, and leadership.

17 June 2025 - Ghana has been ranked 10th in Africa for the highest fuel prices as of June 2025, even though local prices have declined for the seventh time this year.

17 June 2025 - The CAK maintains that it is using fines and penalties as a remedy to anti-competitive tendencies sparingly, to strike a balance between encouraging compliance and punishing businesses.

17 June 2025 - According to estimates from the Anti-Counterfeit Authority (ACA), Kenya loses at least Sh15 billion each year due to the trade in counterfeit and substandard medicines.

17 June 2025 - Mali has begun building a new gold refinery backed by Russia, a move its military-led government says will help the country gain greater control over its natural resources.

17 June 2025 - The peacekeeping mission has cost taxpayers Sh4.5 billion in nine months at a time when the country is struggling to finance its obligations leading to deep budget cuts in key sectors like health...

17 June 2025 - Gold reserves have long been a cornerstone of central bank financial strategies worldwide, and African nations are no exception. Amid ongoing global economic uncertainty, evolving monetary policies, and the need for more diversified reserve assets,…

17 June 2025 - MPs quash a second attempt by the taxman to have unfettered access to the detailed transactional data on companies.

17 June 2025 - Let your team feel seen, supported, and connected in ways that don’t require a huge budget — just thoughtfulness.

17 June 2025 - For decades, digital computing has been the reliable backbone of technological advancement. Its precision, scalability, and mature infrastructure have made it indispensable to modern life, from powering smartphones and managing global supply chains to…

17 June 2025 - JUNE 17 – Social media and video networks have become the main source of news in the US, overtaking traditional TV channels and news websites, research suggests. More than half (54%) of people get news from networks like Facebook, X and YouTube –…

17 June 2025 - NAIROBI, Kenya, June 17 – Troubled property developer Banda Homes has been placed under official liquidation after months of financial distress and complaints from homebuyers. Mark Gakuru has been appointed as the official liquidator, according to a…