Business

20 September 2024 - Safaricom Investment Co-operative (SIC) has stepped up its efforts to align its investment strategies with Islamic principles by being Sharia compliant.

20 September 2024 - Compared to a year ago, more Nigerians have embraced rail lines as a valid means of transporting goods. Additionally, more Nigerians are beginning to rely on trains for daily commute. In September 2023, Nigeria’s economic hub; Lagos commissioned…

20 September 2024 - The amount of cash deposited in fixed accounts in commercial banks rose by a record Sh224 billion between June last year and June 2024.

20 September 2024 - In Kenya, the Musk-led disruptions have seen X’s performance deteriorate.

20 September 2024 - SEP 20 – The United Kingdom should commit to improving relations with the European Union, an influential trade policy think tank says. The European Centre for International Political Economy made the call as it published a road map aimed at…

20 September 2024 - NAIROBI, Kenya, Sept 20 – Solicitor-General Shadrack Mose has called on the Treasury to expedite the long-overdue payment of terminal dues owed to former employees of Kenya Co-operative Creameries Limited (KCC). In a response to the Senate’s…

20 September 2024 - The Ugandan vice president Jessica Alupo on the sidelines of the Eurasian Women's Forum which kicked off on Wednesday in Russia, indicated Uganda's intention to open a direct aviation link between both countries. The two countries have had…

20 September 2024 - Google's new report, titled "The Digital Opportunity of Sub-Saharan Africa," shows the company generated an estimated $16 billion in economic activity across Sub-Saharan Africa for businesses.

20 September 2024 - SIC has offered investment opportunities in real estate, marketable securities, and private equity.

20 September 2024 - An ambitious plan to provide electricity to 300 million Africans by 2030, supported by an initial $30 billion commitment from the World Bank and the African Development Bank, is now underway.

20 September 2024 - Given that diesel is essential to many sectors of the economy and society, including industry, transportation, agriculture, and energy production, high diesel prices in African nations have a substantial negative influence on both the economy and…

20 September 2024 - DIG Gilbert Masengeli finally in court after snubbing summons seven times

20 September 2024 - SEP 20 – The boss of Nike will step down next month, making way for a company veteran to take his place as the leader of the world’s biggest sportswear company amid tough competition in the retail sector. In a statement, Nike said John Donahoe…

20 September 2024 - SEP 20 – The Taiwanese government has said components in thousands of pagers used by the armed group Hezbollah that exploded in Lebanon earlier this week were not made on the island. The comments come after Taiwanese company Gold Apollo said it…

20 September 2024 - NAIROBI, Kenya, Sep 20 – Dealers of horticulture in Kenya will be required to get licenses to grow, handle, and sell fruits, vegetables, and flowers under a new Bill. The 2024 Horticultural Crops Authority Bill, sponsored by nominated MP Sabina…

20 September 2024 - Sh39.7 billion Equalisation Fund remains unallocated by National Treasury

20 September 2024 - Trade Cabinet Secretary Salim Mvurya now says negotiations are underway to secure a USD 250 million (Ksh.32.25 billion) financing package from India to boost manufacturing here in the country.

20 September 2024 - NEW YORK, Sept. 20 (Xinhua) — U.S. stocks ended higher on Thursday, with the Dow Jones Industrial Average and the S&P 500 both reaching record highs, after the Federal Reserve lowered interest rates by half a percentage point. The Dow Jones…

20 September 2024 - LAMU, Kenya, Sept. 20 (Xinhua) — The Kenyan government will enhance security in Lamu County, a popular tourist region, to combat terrorism and other threats, aiming to attract more visitors, Deputy President Rigathi Gachagua said Thursday. The…

20 September 2024 - In a strategic move to enhance food security and scale sustainable poultry operations in Sub-Saharan Africa, Norfund (the Norwegian development finance institution) and Irvine’s Group have signed a $18 million financing agreement to expand…

20 September 2024 - The National Bank of Kenya (NBK) has unveiled a Ksh 2 billion agri-financing and empowerment initiative to support farmers and households in Kenya.

20 September 2024 - Wananchi Group, which owns the Zuku brand, is planning to sell the company to Axian Telecom Fibre of Mauritius.

20 September 2024 - The Kenya Association of Records Managers and Archivists (KARMA) has announced the 8th edition of its annual conference set to take place from 4th to 8th November 2024.

20 September 2024 - "Are you telling us that the rest of the remaining consignments, which are 36, have been released to Kenyans and you have done nothing about it?"

20 September 2024 - Kenyans might be consuming substandard cooking oil after a probe by the Senate trade committee showed that samples of the imported edible oils failed Kenya Bureau of Standards quality test but somehow might have found their way into the market.

20 September 2024 - The PoP codes are intended to provide more transparency.

20 September 2024 - Successful innovation requires more than just attracting followers

19 September 2024 - MV Uhuru II, the first cargo ship to be built on Kenyan soil, has made its maiden trip, transporting steel cargo to Uganda.

19 September 2024 - Agriculture Principal Secretary Paul Rono on Thursday flagged off one million bags of fertilizers at the port of Mombasa, targeting smallholder farmers.

19 September 2024 - Economists say that lower US interest rates can benefit emerging markets by reducing the cost of dollar financing and other borrowing costs.

19 September 2024 - Macondo is a fictional town in Gabriel Garcia Marquez’s famed novel, “100 Years of Solitude”.

19 September 2024 - Analo is signed to Sol Generation Records and Publishing, which is responsible for digital distribution of her music.

19 September 2024 - Love is the only thing that exists and is real. I have love for my Creator and my children.

19 September 2024 - The best model is to manage national resource revenues through a sovereign wealth fund that comes with several advantages.

19 September 2024 - In Kirinyaga County, hundreds of tea farmers linked to Thumaita Tea Factory took to the streets to protest poor bonus payment.

19 September 2024 - The standoff comes after MPs approved reduction of the equalisation fund from Sh10.8 billion passed by the Senate to Sh10 billion during consideration of Equalisation Appropriation Bill 2023.

19 September 2024 - Sarova took over the management of the hotel and carried out extensive renovations.

19 September 2024 - The artists say that their work is not about changing society, but about showing what is happening.

19 September 2024 - Most of Mathira is a rolling plateau, with many rivers and streams flowing from snow-capped Mt Kenya down fairly wide irrigable valleys.

19 September 2024 - Farmers will also tap loans to buy and install bio-digesters to enable them to convert organic waste into energy for household and farm use.

19 September 2024 - New disclosures by the National Treasury show that only Tana River, Narok and Kilifi counties kept their wage spend below 35 percent of revenue in the year ending June 2024.

19 September 2024 - East Africa's logistics industry faces regulatory hurdles and trade barriers including the requirement for container cash deposits at Mombasa and Dar es Salaam ports.

19 September 2024 - Boat owners, like Akinyi who do not venture into the lake, hire fishermen who operate the boats. Each boat is manned by between three and five fishermen.

19 September 2024 - Real estate has the highest labour productivity in the services sector according to a new report even as the closure of some retail stores dented the industry.

19 September 2024 - A moratorium on export of raw or in-shell macadamia nuts was lifted on November 3, 2023 for a period of one year.

19 September 2024 - Sasra chief executive Peter Njuguna spoke to the Business Daily on the state of the Sacco industry.

19 September 2024 - For civil works and equipment installation, SAG Germany had to register a permanent establishment in Kenya, SAG Kenya PE.

19 September 2024 - In Kenya, water availability is expected to drop to 230 cubic meteres per person per annum by 2025 due to climate change and overuse of forest resources.

19 September 2024 - By Monica Chege SEP 19 – In my many years of crafting successful campaigns for organizations, I’ve come to realize that success in marketing is not just about visibility or creative campaigns—it’s about having the right foundation. At the heart of…

19 September 2024 - The new machines are much smaller than conventional ultrasound machines, making them cheaper and more energy efficient.