Business

16 September 2024 - Every community and nation on the planet understands the value of civil society and charity, and Africa is no different. People from numerous African countries to varying degrees participate in charitable acts, given the continent’s current socio-…

16 September 2024 - Development projects accounted for a quarter of total national government expenditure against the target 30%.

16 September 2024 - The latest data shows outstanding overdrafts at the Central Bank of Kenya on Wednesday almost doubled that of the prior week.

16 September 2024 - Loice’s passion for cycling, which started in 2014, has blossomed into more than just a hobby.

16 September 2024 - Safaricom customers can now buy airtime for as little as Sh1 from their M-Pesa mobile wallets.

16 September 2024 - The taxman conducted 28,851 patrols along Kenyan borders.

16 September 2024 - CA says it has laid 1,300 kilometres of the targeted 2,500 kilometres of fibre optic cable.

16 September 2024 - Refiloe Jane’s rise from unknown schoolgirl spotted at a talent competition to leading her country at a FIFA Women’s World Cup should serve as an inspiration to those who believe in the impossible dream. Jane has become one of the most iconic…

16 September 2024 - KAM's Women in Manufacturing programme aims to improve market access for women industrialists.

16 September 2024 - NAIROBI, Kenya, Sep 16 – President William Ruto has appointed National working Committee to review the new University funding model that has sparked Nationwide debate. In a gazette notice, President Ruto stated the National working Committee shall…

16 September 2024 - NAIROBI, Kenya Sept 16 – The government is seeking to review laws related to security rights over movable property through the introduction of the Movable Property Security Rights (Amendment) Bill, 2024. The Bill, which is currently under review…

16 September 2024 - MANILA, Sept. 16 (Xinhua) — Personal remittances from overseas Filipinos reached 3.43 billion U.S. dollars in July, an increase of 3.2 percent over the same period last year, the central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said…

16 September 2024 - Prof Japheth Ntiba to head the team expected to deliver a report in 8 weeks.

16 September 2024 - NAIROBI, Kenya, Sept 16 – Kenya Electricity Transmission Company (KETRACO) says its deal with Adani and Africa50 for construction of a power transmission line brings private sector expertise. Its Managing Director, John Mativo, announced today…

16 September 2024 - The farmers are angry that their factory is the lowest paying compared to neighbouring factories.

16 September 2024 - Proposals are still in the negotiation stages.

16 September 2024 - Sasra says the Saccos core capital to total assets ratio is below the regulatory threshold.

16 September 2024 - Nigeria's headline consumer inflation eased for the second consecutive month in August, dropping to 32.15% year-on-year from 33.40% in July,

16 September 2024 - Topline Elon Musk, the billionaire owner of X, reacted to an apparent assassination attempt against former President Donald Sunday by saying no one was trying to kill either President Joe Biden or Vice President Kamala Harris, in a strongly-…

16 September 2024 - The Indian company, Adani group, which has vested interest in Kenya has this morning denied protest related allegations laid against it. The group noted that unofficial statements involving the group should not be taken seriously. This debacle…

16 September 2024 - Consumers have since December last year enjoyed steady drops in the cost of fuel, a trend that ended last month with the increase in RML.

16 September 2024 - By Njeri Jomo NAIROBI, Kenya, Sep 16 – The global financial services industry is facing climate-driven losses of upto Sh232.5 trillion ($1.8 trillion) by 2050. This staggering amount will shake the industry and wipe out companies that will be…

16 September 2024 - At least 97,000 metric tonnes was procured.

16 September 2024 - The country had 20 participants in 2023.

16 September 2024 - TOKYO, Sept. 16 (Xinhua) — The Japanese yen hit its strongest level in more than a year on Monday, rising briefly to the 139 yen zone against the U.S. dollar in Asian trading, due to growing speculations of a possible U.S. rate cut by 0.50…

16 September 2024 - NAIROBI, Kenya, Sep 16 – The Kenya Revenue Authority (KRA) has netted Sh5.77 billion of illicit goods at the border points as the taxman intensifies campaign against prohibited trade. The intervention netted 15,848 non-compliant taxpayers (…

16 September 2024 - NAIROBI, Kenya, Sept 16 – Kenya Electricity Transmission Company (KETRACO) has clarified that the plan to develop a 625-kilometer high-voltage power transmission line in Kenya remains in the approval stage, with no formal agreements yet signed. …

16 September 2024 - Anxiety has gripped the tea sector as factory directors analyse financial statements aimed at declaring annual bonuses for release to 880,000 farmers mid-next month.

16 September 2024 - Mali, Burkina Faso, and Niger are set to introduce new biometric passports as part of their exit from a West African bloc

16 September 2024 - You've heard the story before. There are countless personal finance bloggers, financial planners, and gurus that preach on and on about the benefits of saving money — from the early days of your childhood to the latter days of your retirement,…

16 September 2024 - According to the Central Bank of Kenya’s Bank Supervision Annual Report 2023, the sector's performance reflects resilience amid a challenging business environment.

16 September 2024 - SEP 16 – Groups supporting women in science, technology, engineering and maths (Stem) fields are struggling to survive as corporations’ shrinking budgets, and cultural changes, see diversity strategies take a back seat. Ada Lovelace Day – a global…

16 September 2024 - NAIROBI, Kenya, Sep 16 – Rural internet service provider (ISP) Mawingu has expanded its internet service to Mandera County, providing locals affordable broadband. This now brings its total connected counties to 30, serving 19,500 home and business…

16 September 2024 - Internet Service Provider (ISP), Mawingu, has announced the expansion of its network to Mandera County, bringing the number of counties to 30 that the ISP has connected to its network across the country.

16 September 2024 - Hisa, a Kenyan startup that facilitates stock trading has been acquired by a Nigerian investment company, giving the West Africans quick access to the Kenyan market.

16 September 2024 - Afree App is a platform designed for Africa. Its entire branding, advertising campaign, and other elements are linked to Africa.

16 September 2024 - SEP 16 – TikTok will start making its case on Monday against a law that will see it banned in the US unless its Chinese owner ByteDance sells it within nine months. The measure – signed into law by President Biden in April – has been prompted by…

16 September 2024 - JERUSALEM, Sept. 16 (Xinhua) — Israel’s 12-month inflation rate rose to 3.6 percent in August, up from 3.2 percent in July, according to data released by the country’s Central Bureau of Statistics on Sunday. The new figure, the highest in 10…

16 September 2024 - NAIROBI, Kenya, Sep 16 – President William Ruto’s economic adviser David Ndii has refuted claims that Adani Energy Solutions, an Indian conglomerate owned by billionaire Gautam Asani, is hiring new employees for the Kenya Electricity Transmission…

16 September 2024 - 70% of newly diagnosed cancer cases occur in Africa.

16 September 2024 - Top-tier savings and cooperative societies exhibited poor financial health, fail to maintain required capital levels.

16 September 2024 - Controversial big-money government deals brokered in a cloud of secrecy spark protests.

15 September 2024 - CBK had on August 19 asked the CMA to investigate recent bond trades under the NSSF between some brokers and market players, terming the trading carried out between May and July ‘illegal.’

15 September 2024 - Energy Cabinet secretary Opiyo Wandayi said the development is one of those that have been targeted to increase the power generation capacity.

15 September 2024 - The data from the Sasra indicates that gross outstanding loans exceeded deposits by Sh76.4 billion in 2023, up from a gap of Sh60 billion in 2022.

15 September 2024 - An ESG materiality assessment enables an organisation to prioritise a limited number of issues that impact its strategy and long-term viability.

15 September 2024 - On Thursday last week, the Council of Governors (CoG) wrote to the Senate’s Finance Committee raising concerns over the delayed disbursements, which it said had paralysed the operations of counties.

15 September 2024 - Businesses of all sizes that have already invested in AI are reaping its benefits.

15 September 2024 - M-Kopa sought reprieve from the tribunal after the Kenya Revenue Authority (KRA) assessed its withholding taxes and Pay as You Earn (PAYE) at Sh885 million.

15 September 2024 - The DPP has also been fingered for declining to prosecute and instead directing that the files be closed.