18 June 2025
- JUNE 18 – Chocolate prices in the UK rose at the fastest pace on record in May as the overall cost of food continued to climb, official figures suggest. The main rate of inflation remained at 3.4% in the year to May, the highest for more than a year.…
18 June 2025
- NAIROBI, Kenya, June 18 – A staggering 82 percent of Kenyans were targeted by digital fraud between August and December 2024, a new report by global information and insights company TransUnion has revealed. While most of those targeted managed to avoid…
18 June 2025
- NAIROBI, Kenya, June 18 – A new government audit has revealed that Sh2.08 billion in salaries owed to university staff in the 2023/2024 financial year remains unpaid, exposing significant financial and ethical lapses within public institutions. The…
18 June 2025
- Despite its reformist intent, the Finance Bill risks pricing low-income families out of both public and private health insurance.
18 June 2025
- Global credit ratings agency Fitch Ratings has upgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘Restricted Default’ to ‘B-’, assigning a Stable Outlook.
18 June 2025
- Kenya's 2024 Social Health Insurance Act mandates medical cover for visiting foreigners and compulsory healthcare registration for all locals.
18 June 2025
- NAIROBI, Kenya, June 18 – Britam’s innovation hub, Betalab, has invested Sh5 million in fintech startup Oye to expand access to insurance and fuel credit for boda boda riders. The investment targets a critical gap in financial protection for riders, a…
18 June 2025
- CBK says the new schedule will hold true on all business days with the exception of public holidays and weekends.
18 June 2025
- Belgian prosecutors are preparing to charge Etienne Davignon (92), a former diplomat accused of being involved in the murder of Congolese revolutionary, Patrice Lumumba.
18 June 2025
- South African President Cyril Ramaphosa’s widely anticipated meeting with U.S. President Donald Trump at the G7 summit failed to materialize, despite earlier diplomatic signals suggesting the two leaders were set for face-to-face talks on the sidelines…
18 June 2025
- A 90,000 metric ton of gasoline from Dangote refinery is set to be exported out of the West African region for the first time, with the shipment bound for Asia.
18 June 2025
- The National Assembly Finance Committee has rejected the proposal by the National Treasury to scrap a 15 percent tax incentive for real estate developers and local motor vehicle assemblers in the 2025 Finance Bill.
18 June 2025
- TOKYO, June 18 (Xinhua) — Japan recorded a trade deficit of 637.6 billion yen (about 4.4 billion U.S. dollars) in May, marking the second consecutive month in the red, according to data released Wednesday by the Ministry of Finance. The deficit was…
18 June 2025
- NAKURU, Kenya, June 18 -Vivo Energy Kenya, the exclusive licensee of Shell-branded fuels and lubricants in the country, successfully hosted the Vivo Energy Agriculture Conference 2025 at the Midlands Hotel in Nakuru. Held on Wednesday, the event…
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.
