15 August 2023
- TOPLINE Ozempic and Mounjaro manufacturers are being sued over claims that the drugs cause gastroparesis, a severe stomach disorder, but some experts believe this assertion is inaccurate because the drugs only cause a temporary delay in stomach…
15 August 2023
- Equities Turnover Turnover declined by 71.0% to KES 134.4Mn down from KES 462.9Mn the previous trading day. Foreign investors were the dominant players on the day. They accounted for c. 56.4% of the total market turnover. Foreign investors turned…
15 August 2023
- Safaricom reclaimed the top mover position, at 33.1% of turnover though remained unchanged. BAT followed closely at 32.2%, extending its slide by 1.1% to KES 430.00 on a foreign block trade. The firm’s dividend book closure is on Friday. Williamson…
15 August 2023
- Amidst a tough operating global macro environment characterized by stubbornly sticky high inflation, high-interest rates, volatile exchange rates, and devaluation of emerging economies currencies, Equity Group has announced 2023 half-year results…
15 August 2023
- On 14th August, the Higher Education Loans Board (HELB) clarified how the organization will release funds to more than 2,000 students who applied for funding but did not have National Identity cards. Chief Executive Charles Ringera issued a statement…
15 August 2023
- The Energy and Petroleum Regulatory Authority (EPRA) has announced the fuel prices for the period of August 15 to September 14. In a statement released on Monday 14th August, EPRA Director General Daniel Bargoria said that the prices of Super Petrol…
15 August 2023
- While decrying the harmful nature of tobacco products, lobbyists led by the Kenya Tobacco Control Alliance (KETCA) castigated Kuria for meeting representatives BAT.
15 August 2023
- Teachers and civil servants will soon enjoy a pay rise of between 7 percent to 10 percent spread over two years (two phases) and backdated from 1st July 2023. On 13th August, the Salaries and Remuneration Commission (SRC) released additional…
15 August 2023
- The Israeli government says it is ready to help Kenya's State agencies and private companies step up their cyber security efforts in the wake of a rise in attempted hacking attacks.
15 August 2023
- Barely a year after taking office President William Ruto continues to face tough economic choices with Kenyans looking to the government to lower the cost of living.
15 August 2023
- The State proposes key measures to rectify the situation and enable Kenyans to access the sweetener and create jobs and business opportunities.
15 August 2023
- "The bell we ring today signifies that the small-scale farmer, who has been toiling and sweating for peanuts, will meet the buyer and negotiate the price of their coffee- not through middlemen."
15 August 2023
- Isuzu East Africa’s Drivers Academy today held its fifth graduation that saw over thirty-seven (37) truck drivers get certified including seven (7) women from the Bamburi Cement Program – Women on Wheels (WoW). The program is a collaboration between…
15 August 2023
- The ongoing modernisation of equipment and efficiency in cargo handling at the port of Mombasa has significantly contributed to the surge in the volume of cargo processed.
15 August 2023
- Galana Kulalu, August 12, 2023…Twiga Foods intends to expand the irrigated acreage at the Galana Kulalu Food Security Project (GKFSP) by up to 20,000 acres. This expansion is expected to result in an annual maize production of 2 million bags. The…
15 August 2023
- NAIROBI, Kenya, Aug 15 – Enwealth Financial Services is set to host Kenya’s first investment forum, targeting individuals in search of saving and investment knowledge and vehicles suited to their needs. Themed ‘Unpacking Financial Well-being’, it…
15 August 2023
- COLOMBO, Sri Lanka, Aug 15 – Crisis-hit Sri Lanka partially lifted a ban on vehicle imports on Tuesday by allowing buses and trucks back into the island after more than three years. President Ranil Wickremesinghe issued an order removing the…
15 August 2023
- Safaricom Foundation has hit 20 years since it was officially launched on 14th August 2003. Since its inception, the Foundation has invested over KES 5 billion in more than 4,000 community projects, directly impacting over 8 million Kenyans across…
15 August 2023
- NAIROBI, Kenya, Aug 15 – As part of the pre-season, Ange Postekoglou’s team beat the Singapore Premier League’s Lion City Sailors 5-1 to take the Tiger Cup trophy, of course, Harry Kane also scored in the match. at the awards ceremony, he looked very…
15 August 2023
- Kenya Orient Life Assurance Limited has received approval from the Retirement Benefits Authority (RBA) to manage NSSF tier II contributions through the Kenya Orient Individual Pension Plan and Umbrella Pension Scheme. This nod comes following the…
15 August 2023
- Employers have been urged to invest in their workforce and adapt to skill sets to match the changing job landscape. Speaking during the opening ceremony of the Zamara Regional Summit, Sally Mahihu, Chairperson, of Kenya Investment Authority (…
15 August 2023
- "It is common that the volumes will rise because most importers do not order goods in May and June as they wait for budget readings. This is cargo ordered in late June or July."
15 August 2023
- The PS said innovation enables businesses to create more effective processes, products, and ideas, driving increased productivity and better marketing and sales strategies.
15 August 2023
- NAIROBI, Kenya, Aug 15 – Female truck drivers have benefited from a partnership between ISUZU East Africa and cement manufacturer Bamburi. Dubbed ‘Women on Wheels’, the initiative seeks to enhance their driving skills, employability, and road safety…
15 August 2023
- NAIROBI, Kenya, Aug 15 – Kenyan CEOs drawn from various sectors are pessimistic about economic growth prospects amid several economic challenges. Some of the headwinds that will hinder growth, the bosses, listed as high interests, local political…
15 August 2023
- LIBREVILLE, Gabon, Aug 15 – Gabon has restructured a small portion of its debt in return for $163 million in funds to protect its oceans, the government and an NGO said on Tuesday. The debt-for-nature swap, covering about three percent of Gabon’s…
15 August 2023
- NAIROBI, Kenya, Aug 15 — Sidian Bank’s Bancassurance Intermediary has emerged in second place in the 2023 Think Business Insurance Awards for the overall best bank-assurance provider. Sidian Bancassurance Intermediary Limited bagged the tittle at the…
15 August 2023
- NAIROBI, Kenya, Aug 15 – Airtel Money users will now be able to send up to Sh500,000 using their accounts after the mobile money company got regulatory approval from the Central Bank of Kenya (CBK) to increase the daily limit. This will be a sizeable…
15 August 2023
- NAIROBI, Kenya, Aug 15 – Beauty brand L’Oreal Paris has named South African actress Thuso Mbedu as new brand ambassador and spokesperson for Sub-Saharan Africa. She is tasked with mobilizing local advertising campaigns, product launches, and public…
15 August 2023
- NAIROBI, Kenya, Aug 15 – French beauty brand L’Oreìal Paris has named South African actress Thuso Mbedu as new brand ambassador and spokesperson for Sub-Saharan Africa. She is tasked with mobilizing local advertising campaigns, product launches, and…
15 August 2023
- A move away from rigid policies to supporting hybrid workplaces and strategies could be the pivot leaders need to navigate the evolution of work and to help employees thrive in new realities.
15 August 2023
- Court documents reveal State now wants the company barred from using data it collected from Kenyans. Office of the Data Protection Commissioner claims US firm might have flouted the law.
15 August 2023
- NAIROBI, Kenya, Aug 15 – The Energy and Petroleum Regulatory Authority (EPRA) has clarified that the government has not returned fuel subsidies. According to Chief Executive Officer (CEO) Daniel Kiptoo, the Petroleum Development Levy was utilised as…
15 August 2023
- SINGAPORE, Singapore, Aug 15 – Lucasfilm’s visual effects and animation studio in Singapore will close down in the coming months due to economic reasons, parent firm Disney said on Tuesday. The Singapore studio was set up in the 2000s by Industrial…