11 September 2023
- Following the launch of the two IFRS sustainability disclosure standards earlier in June this year, regulators in different jurisdictions and organisations across the world have signalled their...
11 September 2023
- Vehicle manufacturing in Kenya faces numerous challenges that have significant implications for its growth and long-term viability.
10 September 2023
- The continued decline of sugar production in the region has been blamed on the collapse of government-run milling companies like Mumias, Nzoia, Sony and Chemilil.
10 September 2023
- The Stanbic Bank's Purchasing Managers Index (PMI) shows there was an improvement in the health of the private sector for the first time since January this year.
10 September 2023
- West Kenya Sugar Company alone had remitted Sh244.14 million in levies to counties in Western, Nyanza and Rift Valley where the sugar mill has contracted farmers.
10 September 2023
- BEIJING, Sept. 9 (Xinhua) — China imported 71.65 million tonnes of soybeans in the first eight months of this year, up 17.9 percent from a year earlier, customs data showed. In August alone, the country’s soybean imports reached 9.36 million…
10 September 2023
- NAIROBI, Kenya, Sep 10 – Even though the Covid-19 pandemic drove up demand for online deliveries, their adoption had already gained some traction a few years ago. The penetration of smartphones and an improvement in last-mile deliveries also…
10 September 2023
- The decision by the Senate to open an inquiry into the affairs of a private company has raised concerns about Parliament’s capacity to do its job and the potential to scare away investors. This follows the highly publicized meeting on Thursday by…
10 September 2023
- CAIRO, Sept. 9 (Xinhua) — Egypt and Saudi Arabia have close economic cooperation and Saudi investments in Egypt have reached 32 billion U.S. dollars, Egypt’s deputy planning minister said on Saturday. “We look forward to greater partnership and…
10 September 2023
- NAIROBI, Kenya, Sep 10 – Non-state actors under the Pan-African Climate Justice Alliance (PACJA) have called on African leaders to adopt comprehensive and inclusive financial approaches that are responsive to African realities, aspirations, and…
10 September 2023
- NAIROBI, Kenya, Sep 10 – In Kenya and globally, competition in the smartphone market is fierce, with rivals rolling out new smartphones every year to outshine each other. Hence, phone makers have no room to sell mediocre or sub-standard gadgets to…
10 September 2023
- The first consignment of Kenya’s value-added tea to Ghana left in October last year but only reached the port of Tema in February 2023.
10 September 2023
- Between 1970 to around 2010, everything moved like clockwork: Farmers were paid on time for the cane delivered and employees at the sugar factory received their pay.
09 September 2023
- Kenya Power has announced that its prepaid vending system used by Kenyans to purchase tokens will temporarily offline from midnight on Saturday.
09 September 2023
- Kenyans to continue bearing tax burden as Supreme Court upholds Finance Act. High Court Judge Mugure Thande on June 10 suspended implementation of the Finance Act.
09 September 2023
- KMA says the Exports and Investment Levy will push up their cost of production. The levy, which kicked in on September 1, is meant to protect local clinker, steel and paper producers.
09 September 2023
- NAIROBI, Kenya Sep 9 – As more and more Kenyans follow healthier lifestyles, demand for natural foods has been growing. Online delivery firm Glovo has also seen an uptick in grocery orders from partner stores. Through its own network of delivery-…
09 September 2023
- In a significant development for Africa’s digital landscape, Lagos-based Itana, formerly known as Talent City, has announced that it secured $2 million in pre-seed funding. The investment is led by backers, including LocalGlobe, Amplo, Pronomos…
09 September 2023
- YANGON, Sept. 9 (Xinhua) — Myanmar exported about 222,600 tons of green grams in the first five months of the current fiscal year 2023-24 through next March, earning more than 149 million U.S. dollars, the Ministry of Commerce said on Saturday.…
09 September 2023
- NEW DELHI, Sept. 9 (Xinhua) — The Group of 20 (G20) members agreed on Saturday to grant permanent membership to the African Union (AU) in an effort to make the group more representative. The agreement was reached at the inaugural session of the…
09 September 2023
- NAIROBI, Sept. 7 (Xinhua) — Kenyan banks on Thursday launched the climate-related financial disclosure reporting template that provides an outline of how the country’s commercial lenders can manage financial risks associated with climate change.…
09 September 2023
- Stakeholders say zoning will make rogue millers neglect and enslave farmers. Call for a free competitive market where farmers sell to whomever they want.
09 September 2023
- CBK has approved the increase of limits of mobile money transactions and the size of the mobile money wallet for relevant Payment Service Providers to support customers, businesses, and institutions including Government agencies to make and…
09 September 2023
- The Kenyan shilling has fallen again. The local currency hit the lowest in history against the US Dollar on Friday. Exchange Rate Performance USD|KES: KES weakened by 0.06% to close at 146.14 (-18.45% year-to-date). GBP|KES: KES strengthened by 0.…
09 September 2023
- Cleanshelf Supermarkets Limited, a leading Customer Service oriented retail chain is excited to announce the opening of its 15th branch in Nairobi South B. This new addition to the Cleanshelf family is a testament to the company’s commitment to…
09 September 2023
- Standard Chartered Kenya has announced the closure of a key sustainable finance deal in Kenya as it progresses its global commitment to the provision of green financing to aid the transition to net zero. The closure of the KES 15 billion…
09 September 2023
- Hundreds of youth drawn from under-served communities in Kenya are set to benefit from the LIFE Legacy Program, an initiative spearheaded by Paradigm Initiative, a pan-African non-governmental organization. This follows the launch of the program…
09 September 2023
- Emirates SkyCargo is now live on CargoAi’s marketplace solution, CargoMART, further advancing its digital customer experience and optimizing the booking process with real-time information. The partnership launched in the Netherlands, Spain, and…
09 September 2023
- Mobile money and remittances will continue to dominate Africa’s economic development if they are supported with tools to boost data-driven transparency and compliance, according to a new whitepaper, released today, by Global Voice Group (GVG), a…
09 September 2023
- LONDON, Sept. 8 (Xinhua) — The United Kingdom (UK) government is estimated to have lost up to 44.9 billion British pounds (56 billion U.S. dollars) to fraud and corruption in 2022, a report published by lawmakers revealed on Friday. “The Public…
09 September 2023
- NAIROBI, Sept. 8 (Xinhua) — African countries should invest in decentralized energy systems like mini-hydropower and solar plants to ensure off-grid communities have access to low-carbon electricity for lighting and cooking, experts said Thursday…
09 September 2023
- NAIROBI, Kenya, Sep 8 – When Terry Odeny began her career in the real estate industry over a decade ago, she did not foresee her business getting big local and international projects in the future. From a tender age, the entrepreneur demonstrated …
09 September 2023
- The Safaricom Chapa Dimba tournament continues its thrilling journey as it heads to Siaya and Kisii counties for the Nyanza County finals, this weekend. On Saturday, Siaya County will set the stage for an electrifying opening match between Jera…
09 September 2023
- If you are an entrepreneur who has set up a new business, you will know how challenging this process can be. The first few years of trading for any new company can be difficult as a customer base needs to be secured, and sales streams need to…
09 September 2023
- Team tasked with looking into the legal, policy, and regulation framework of the ICT sector. 34 experts expected to present bills, policy, and strategy documents.
08 September 2023
- CBK has approved the increase of limits of mobile money transactions and the size of the mobile money wallet for Payment Service Providers (PSPs).