Business

12 September 2024 - These activist shareholders do not hesitate to use their financial muscle to demand what they believe is their right in listed companies.

12 September 2024 - NAIROBI, Kenya, September 12 – Outdated technology is a major challenge for Kenya’s healthcare system, a new report reveals, severely affecting the provision of high-quality medical care nationwide.  Epson study highlights how lack of advanced…

12 September 2024 - NAIROBI, Kenya, Sept 12 – USAID, Family Bank, and World Vision have pledged to bolster the training of young women in the construction sector under their flagship project Tumikia mtoto. The program, which has trained over 700 women so far,…

12 September 2024 - SEP 12 –  In a challenging economic landscape where a recent survey by credit firm Tala highlights that two-thirds of permanently employed Kenyans have turned to side hustles, street food vendors are carving out a vital niche for themselves.…

12 September 2024 - NAIROBI, Kenya, Sept 12 – A new economic report from the Kenya Institute for Public Policy Research and Analysis (KIPPRA) has revealed that youth unemployment remains a big headache in Kenya’s arid and semi-arid regions. The report highlights…

12 September 2024 - Uganda’s economic growth projection has been touted to experience a double-digit increase in the next financial year once crude oil production starts in the East African country.

12 September 2024 - COLOMBO, Sept. 12 (Xinhua) — Moody’s Ratings has downgraded the government of Maldives’ long-term local and foreign currency issuer ratings from Caa1 to Caa2 and placed the ratings under review for a possible further downgrade, the rating agency…

12 September 2024 - NAIROBI, Kenya Sept 11 – The Kenyan government has secured a Sh8.53 billion (60 million euros) loan from KfW, a German development lender, to implement various financial programs and reforms. National Treasury Cabinet Secretary (CS) John Mbadi…

12 September 2024 - Ex-Im’s previous investment in Mozambique's gas sector has faced setbacks. In 2020, the bank provided $4.7 billion in financing for TotalEnergies SE’s Mozambique LNG project along the northern coast.

12 September 2024 - Kenyan craft beverage producer African Originals, the maker of the popular ‘Kenyan Originals’ range of ciders, gins, and iced teas, has joined the Bar, Hotel, and Liquor Traders Association (BAHLITA).

12 September 2024 - The U.S. State Department has approved $1.3 billion in military financing for Egypt this year. Egypt has played a key role in facilitating talks with Hamas to bring about a cease-fire and secure the release of Israeli hostages.

12 September 2024 - Are you wondering why Ethiopia is just entering a new year and it's 2017? Ethiopia was not colonised by the rest of the world, so it still maintains most of its culture and traditions.

12 September 2024 - The number of commuting passengers fell 25.5 percent to 1.2 million.

12 September 2024 - Tower Companies (TowerCos) across Africa have received a boost in their efforts to diversify energy sources and adopt sustainable practices in powering telecommunications infrastructure.

12 September 2024 - TOKYO, Sept. 12 (Xinhua) — Japan’s transport ministry has conducted on-site inspections of Japan Freight Railway Company, or JR Freight, following allegations of the company’s data rigging during train assembly work. The Ministry of Land,…

12 September 2024 - In the second quarter of 2024, Nigeria spent a total of ₦12,473.53 billion importing goods from other countries. This amount accounted for 39.11% of the West African country's total trade. During the study period, Nigeria traded with a number of…

12 September 2024 - Nairobi, Kenya, Sept 12 – The Insurance Regulatory Authority (IRA) has refuted claims regarding the alleged closure of Directline Assurance Company Limited, following a news report aired by some media quotas. The regulator, in a statement,…

12 September 2024 - NAIROBI, Kenya, Sept 12 – Kenya, with its burgeoning youthful population, is experiencing both the promise and challenges that come with this demographic shift. Among the most pressing issues is youth unemployment, a problem that has pushed many…

12 September 2024 - NAIROBI, Kenya, Sep 12 – Wakulima market traders on Thursday clashed with the police as they resisted a move by the Nairobi County Government to relocate them to Kangundo Road. The traders had been served with an eviction notice on Tuesday and…

12 September 2024 - In an attempt to win the goodwill of people from across the globe, the United States has suggested the addition of two permanent seats for African states in the UN Security Council (UNSC). This move had earlier this year been also advocated for by…

12 September 2024 - Chinese tech giant Huawei on Tuesday unveiled the world's first triple-folding 10.2-inch Mate XT tablet phone at more than three times the price of the newest iPhone.

12 September 2024 - SEP 12 – Chelsea have two owners wanting to buy each other out. Neither wants to sell, amid a rift at the heart of the club. In one corner is Todd Boehly, often mischaracterised as the main man and decision-maker of the ownership, mainly because…

12 September 2024 - SEP 12 – Boeing’s new chief executive Kelly Ortberg has pleaded with workers to not go on strike as it would put the company’s “recovery in jeopardy”. It comes hours ahead of a crucial union vote that could trigger industrial action at the…

12 September 2024 - NAIROBI, Kenya, Sept 12 – The Kenya Electricity Transmission Company (KETRACO) is facing scrutiny from a legal firm seeking transparency over its reported agreements with an Indian firm Adani Energy Solutions, whose sister company is also facing…

12 September 2024 - EdTech startup BookSmart, is running a nationwide campaign dubbed ‘Mashujaa Wa Kusoma’  to promote the reading culture in Kenya.

12 September 2024 - This coming at a time that Kenyans are increasingly shying away from borrowing to finance their needs.

12 September 2024 - Concession is still in its infancy, as there are many steps ahead before it becomes a deal.

12 September 2024 - New car sales in the country are mainly driven by the agricultural sector

12 September 2024 - Collections rose by 4.9% to Sh791.4 billion in 2023-24

11 September 2024 - The firm said the upgrade will boost the capacity on the route and improve digital connectivity for several East African countries.

11 September 2024 - Ghana and the Ivory Coast contribute a big chunk of the world’s chocolate. Yet, farmers here only earn around $1 a day. We profile entrepreneurs and chocolatiers determined to make sure the practice of cultivating cocoa prevails and it’s a sweet…

11 September 2024 - Companies must be strategic in their social investments and ensure alignment with corporate goals.

11 September 2024 - To shore up revenue, President William Ruto’s administration has deepened its crackdown on tax cheats in the aftermath of withdrawal of this year’s Finance Bill.

11 September 2024 - Data by KNBS shows that April accounted for the bulk of the shipments worth a record Sh4.9 billion for a single month--pointing to a heightened appetite for electronic devices.

11 September 2024 - Accounts that have remained idle for six months in DT-Saccos are termed dormant while those in NWDT-Saccos have a longer period of a year.

11 September 2024 - The risk-off environment has been underpinned by a fall in inflation rate which declined below the mid-target of five percent in July to 4.3 percent before rising slightly to 4.4 percent in August.

11 September 2024 - The fires that started in June have so far claimed 36,000 tonnes of sugarcane.

11 September 2024 - Directors have a lot of power in the management of a company’s affairs

11 September 2024 - Rising living costs and limited income have significantly reduced people’s ability to save.

11 September 2024 - Women are intentional, knowledgeable and assertive about their vehicle choices and mechanical needs.

11 September 2024 - Import cover for African countries currently average 5 months. The number of months of import cover held a country is one of the many metrics used to assess its economic stability and resilience. The term "import cover" describes a nation's…

11 September 2024 - Today almost 60 percent of the largest companies globally are based on a platform business model.

11 September 2024 - The Public Procurement and Administrative Review Board has ordered Nairobi County to reopen a Sh1.4billion medical insurance tender after finding that Kenya Alliance Insurance Company was...

11 September 2024 - A recent study by ILO, in collaboration with the UNDP Accelerator Labs, revealed that e-government initiatives can help formalise institutions.

11 September 2024 - The secondary bonds market at the NSE saw trades worth a record Sh782 billion in the half-year period, compared to Sh309.9 billion in the corresponding period of 2023.

11 September 2024 - Private sector businesses that rely on the aviation industry counting losses running into millions of shillings.

11 September 2024 - There should be clear rules of engagement as employees are highly dispensable.

11 September 2024 - The firm cut its borrowings by 15.8 percent to Sh1 billion

11 September 2024 - Ms Wahome is back to the ministry. She now has opportunity to look up these reports and oversee enactment.

11 September 2024 - NCPB valued its leasehold land at Sh5.5 billion, including 34 parcels for which title deeds were missing.