Business

08 October 2024 - NAIROBI, Kenya Oct 8 – The Prime Cabinet Secretary, Musalia Mudavadi, has emphasized the need for tax administrators in the country to leverage technology-driven solutions to elevate trade and domestic resource mobilization. Speaking during the…

08 October 2024 - About seven developing countries are currently in danger of facing bankruptcy or in need of a bailout due to piling debt which is slowly gearing towards a default level.

08 October 2024 - The IMF's economic governance policy focuses on those government functions that are most relevant to economic activity.

08 October 2024 - Research released in Nairobi by international peace-building organisation, Interpeace, has identified entry-points for peace-positive investment in Northern Kenya’s frontier markets.

08 October 2024 - SYDNEY, Oct. 8 (Xinhua) — An Australian court on Tuesday approved a fine for Qantas, the national flag carrier, for selling thousands of tickets for canceled flights. The Federal Court of Australia approved a 120 million Australian dollar (80.7…

08 October 2024 - OCT 7 – A US federal judge has ruled that Google must allow Android apps made by rival technology firms onto its Google Play app store for three years starting next month. The change was among several remedies ordered by Judge James Donato in a case…

08 October 2024 - SBM Bank in partnership with Centre for the Promotion of Imports (CBI), a program funded by the Dutch Ministry of Foreign Affairs have announced an initiative that will see women taking up valuable global trading opportunities.

08 October 2024 - NAIROBI, Kenya, Oct 8 – Digital commerce enabler Network International has entered the Kenyan market with the launch of an in-person payment solution. The company aims to revolutionize payment systems across the continent. “We are introducing our…

08 October 2024 - NAIROBI, Kenya Oct 8 – The Sustainable Development Goal (SDG) Week Kenya edition, which aims to celebrate the youth and women, has been launched. The event was launched yesterday by the Director of Nuclear Energy Infrastructure Development (NuPEA),…

08 October 2024 - Network International (Network), a leading enabler of digital commerce across the Middle East and Africa (MEA) region, has launched innovative in-person payment solutions in Kenya, as part of its plans to transform payment across Africa.

08 October 2024 - Cyberattacks on various organisations, including South African government departments, are a stark reminder that cybercriminals increasingly target public and private sector organisations.

08 October 2024 - South Africa’s Standard Bank Group has consistently held the title of Africa's top bank year after year, while the National Bank of Egypt has maintained second place for the past four years.

08 October 2024 - DP Gachagua's impeachment motion in Parliament

08 October 2024 - SEOUL, Oct. 8 (Xinhua) — South Korea’s tech giant Samsung Electronics saw its earnings surge in the third quarter of this year, the company said Tuesday. Preliminary operating profit reached 9.1 trillion won (6.7 billion U.S. dollars) in the July-…

08 October 2024 - NAIROBI, Oct. 8 (Xinhua) — The Government called on the International Monetary Fund (IMF) to conduct an official review of the country’s corruption and governance issues. Prime Cabinet Secretary Musalia Mudavadi, also the cabinet secretary for…

08 October 2024 - The Democratic Republic of Congo plans to crack down on companies that purchase or source minerals from its conflict-ridden eastern region.

08 October 2024 - The company currently employs around 60 permanent staff in Kenya and 20 in Uganda.

08 October 2024 - Live: Gachagua's D-Day in Parliament

08 October 2024 - Cecanni produces between 45 and 50 bottles of wine per cycle, depending on the type of fruit and seasonal availability.

08 October 2024 - Members of Parliament (MPs) will begin convening the public impeachment hearing of Deputy President Rigathi Gachagua today, October 8, charging him with abuse of power, corruptly using the levers of government to amass unimaginable wealth within a…

08 October 2024 - The Dangote oil refinery is gearing up to take in around 400,000 barrels of Nigerian crude daily over the next few months, shaking up Africa’s import and export scene.

08 October 2024 - The world's poorest nations are being forced to prioritize debt repayments over important investments, affecting their progress toward achieving sustainable development goals.

08 October 2024 - Domestic consumers will now get 40.88 units of power for every Sh1,000 spent.

08 October 2024 - Disenfranchised and battered by a decade of disappointing returns, little to no listings and falling share prices, many investors have lost faith in the NSE.

08 October 2024 - Barry Otieno, the chief executive of the Football Kenya Federation (FKF), resigned unexpectedly on Friday, leaving the organisation at a crucial time for Harambee Stars‘ bid for the AFCON 2025 Games in Morocco. Mr Otieno’s exit is believed to be due…

08 October 2024 - Members of Parliament (MPs) will begin convening the public impeachment hearing of Deputy President Rigathi Gachagua today, October 8, charging him with abuse of power, corruptly using the levers of government to amass unimaginable wealth within a…

08 October 2024 - Because of its higher interest rates, Nabo Money Market Fund is one of Kenya’s best-known money market fund accounts. As of October 2024, it is offering investors a percentage rate of return of 16.01% annual percentage yield (APY) on all investments…

07 October 2024 - Libya’s oil production is back above 1 million barrels a day for the first time in two months, thanks to a political standoff getting resolved.

07 October 2024 - In a bid to enhance carbon market penetration, Kenya amended the Climate Change Act in 2023 to authorise trade in carbon credits in three ways.

07 October 2024 - The study on the country’s underground mineral wealth was commissioned as part of reforms and strategies to attract foreign investors based on the resultant empirical data.

07 October 2024 - Charles Wambugu, a member of the Kenya Hospital Association (KHA), the organisation that owns the hospital, says the doctors are frustrated and wish to have the hospital back on its feet, but...

07 October 2024 - Carbon credits are tradable certificates that represent a reduction in greenhouse gas emissions.

07 October 2024 - Network said that its newly launched POS solutions will be provided free of charge to merchants, enabling businesses of all sizes to accept payments on the go.

07 October 2024 - It is estimated that approximately 10-15 percent of couples around the world encounter challenges when trying to conceive.

07 October 2024 - Treasury shows StanChart closed the period with two dollar-denominated loans of Sh14.17 billion and Sh2.46 billion to Kenya Power and Kenya Pipeline, respectively.

07 October 2024 - The Competition Authority of Kenya (CAK) has announced the appointment of David Kemei as its Director-General effective October 7.

07 October 2024 - Analysis of the KNBS data reveals the USA, the Netherlands and Saudi Arabia as other global destinations of jet fuel re-exports from Kenya.

07 October 2024 - Opportunities abound for SMEs, especially with a significant number operating entirely online while fulfilling their customers’ needs adequately.

07 October 2024 - SIB has attributed the growth in returns to a rebound in major asset classes amid the start of interest rate cuts in advanced economies even as global headwinds persisted.

07 October 2024 - The EU has the highest expectations for food safety globally, with strict rules on plant health, Maximum Residue Levels (MRLs) and contaminants.

07 October 2024 - Their breakthrough came when they created a four-metre wall arrangement for a client for about Sh120,000.

07 October 2024 - CBK has disclosed in the latest weekly report that the government overdrafts plunged to a paltry Sh10 million in the week ended October 2, from Sh63.36 billion a week earlier.

07 October 2024 - A study from TGM Research found that the top three needs for German tourists are quality and comfort, security, and competitive prices.

07 October 2024 - With Joker: Folie à Deux, the filmmakers set out to do something equally daring, but with a twist that might not sit well with everyone.

07 October 2024 - Artificial intelligence and machine learning have emerged as transformative tools with numerous applications to enhance airport operations.

07 October 2024 - Yields on shorter-dated bonds have been higher than long-term papers, a scenario described as a yield curve inversion.

07 October 2024 - The manufacturer estimates the number of contracted staff at over 1,000.

07 October 2024 - In the year to June, the Diageo share shed 26 percent to £24.90 (Sh4,230), but share awards normally have a longer vesting period.

07 October 2024 - The period to maturity for debt is one of the measures the Treasury takes into account when assessing the risk associated with public debt, and the overall sustainability of the debt.

07 October 2024 - A Vicious Circle is one of the most compelling and visually stunning graphic novels I’ve seen in a long time.