Business

11 September 2024 - In the previous year, the Meru County government's own-source revenue, including hospital fees and alcoholic drinks licenses, stood at Sh1.03 billion.

11 September 2024 - Relief for stranded travellers as normal operations set to resume.

11 September 2024 - NAIROBI, Kenya Sep 11 – The Kenya Aviation Workers Union (KAWU) has called off its strike after a day of disruptions that crippled air transport services. Union Secretary General Moses Ndiema announced that operations at Jomo Kenyatta…

11 September 2024 - SEP 11 – Inflation in the US continued to cool last month, official figures showed, raising confidence that the US central bank will cut interest rates next week. Consumer prices rose 2.5% over the 12 months to August, as prices for petrol, used…

11 September 2024 - NAIROBI, Kenya, Sep 11 – President William Ruto on Wednesday witnessed the handover of public assets worth Sh28 billion recovered by the Ethics and Anti-Corruption Commission over the past five years. The assets, including cash and immovable…

11 September 2024 - Nakuru-based nail technician says he always wanted to start my own business and do something unique.

11 September 2024 - With a youthful, rapidly rising population and an expanding middle class, several African countries are emerging as significant players in the global economy. When an African country has high buying power, it indicates economic stability, a strong…

11 September 2024 - East African Portland Cement Company has said it will consider paying dividends to shareholders, which will be funded by the sale of idle assets. 

11 September 2024 - The growth was the quickest since the first half of 2021 when the value of orders climbed 32.33 percent to Sh208.90 billion.

11 September 2024 - Demand for a cargo handling facility has gone up because Moi International Airport in Mombasa is handling more seafood, meat and horticulture from local traders.

11 September 2024 - Relief for stranded travellers as normal operations set to resume.

11 September 2024 - The construction of the Pangani Affordable Housing project which had stalled for two years, has resumed after the developer managed to secure new funding.

11 September 2024 - Despite having a guaranteed job, Mr Lagat, who says he likes to take risks and experiment, decided to quit.

11 September 2024 - Former National Construction Authority chairman Stephen Oundo has been elected President of the Commonwealth Architects Association

11 September 2024 - CS Chirchir addresses airport workers' strike

11 September 2024 - In Africa, the aviation sector is taking off in a big way. Countries like Ethiopia, Kenya, and South Africa are increasing their aircraft fleet and improving air connectivity.

11 September 2024 - Mbadi has proposed reducing VAT from 16% to 14% and corporation tax from 30% to 25% but experts say it will be a delicate balancing act in the face of IMF's prescribed path.

11 September 2024 - John Msafari will be deputised by Freight Forwarder Kenya Limited GM Elizabeth Kimkung.

11 September 2024 - ADDIS ABABA, Sept. 11 (Xinhua) — The African Union (AU) has called on African startups and micro, small and medium-sized enterprises (MSMEs) to embrace innovation and exploit opportunities presented under the African Continental Free Trade Area (…

11 September 2024 - Some of Zimbabwe’s largest mining companies are seeking $182 million to develop 200 megawatts of locally generated solar power.

11 September 2024 - NAIROBI, Kenya, Sep 11 – Kenya Revenue Authority (KRA) has cut good clearance by 61.17 hours to 51.43 hours (around two days) over the last three years. In the 2021/2022 fiscal year, good clearance at the Port of Mombasa, Inland Container Depots,…

11 September 2024 - LONDON, Sept. 11 (Xinhua) — The monthly real gross domestic product (GDP) of the United Kingdom (UK) is estimated to have remained stagnant in July, according to official data on Wednesday. The UK economy has flatlined for the second consecutive…

11 September 2024 - Nairobi, Kenya, Sept 11 – Youth from across Africa have pledged to take a leading role in transforming the continent’s food systems in the lead-up to COP29, scheduled for November in Baku, Azerbaijan. The commitment was part of a declaration made…

11 September 2024 - Sheena Patel’s venture, Stir Me, is doing its bit to transform how Kenyans experience their beloved brew.

11 September 2024 - Total assets grew to Sh972 billion from Sh890.3 billion in the previous year.

11 September 2024 - NAIROBI, Kenya, Sept 11 – BookSmart, a free children’s reading app, has launched its nationwide Mashujaa Wa Kusoma campaign across Nairobi, Nakuru, Kisumu, and Mombasa, aiming to inspire a reading culture in children aged 3-12.  The campaign,…

11 September 2024 - Says it will  unlock value from its Athi River land assets.

11 September 2024 - GDC Managing Director Paul Ngugi says in Menengai 35 megawatts of energy has already been produced and connected to the main grid

11 September 2024 - Women entrepreneurs in less developed countries like Nigeria have always turned to microfinance institutions to secure funding to grow and expand their businesses.

11 September 2024 - The action taken on Tana River County is the first of any other public entity

11 September 2024 - The South African government has rejected a demand from public-sector workers for a 12% salary increase, deeming it unaffordable.

11 September 2024 - MOSCOW, Sept. 11 (Xinhua) — A Russian freight train derailed late Tuesday in the border region of Belgorod after “interference by unauthorized people,” the local railway operator said Wednesday. The incident occurred at 11:17 p.m. local time (2017…

11 September 2024 - NAIROBI, Kenya Sept 11 – Bamburi Cement has confirmed receipt of a Sh25.4 billion counter offer from Savannah Clinker Limited (SCL), a local building and construction solutions provider, for the acquisition of up to 100 percent of the former…

11 September 2024 - In July, Wagner mercenaries were killed in Mali during an attack by rebel fighters amid a desert sandstorm. Interviews with their families and a review of social media data have shown that among the casualties were Russian war veterans.

11 September 2024 - About 98 percent of Kenya’s pyrethrum extract is exported.

11 September 2024 - Bamburi Cement Plc has confirmed receipt of a Ksh25.4 billion counter offer from Savannah Clinker Limited, the Kenyan local building and construction solutions provider seeking to acquire the listed cement manufacturer.

11 September 2024 - NAIROBI, Kenya Sep 11 – Lawmakers are irked following disclosures that the Ministry of Mining, Blue Economy and Maritime affairs revealed that it had spent Sh1.6 billion for fish stock assessment in the Indian Ocean in the 2023/2024 financial year…

11 September 2024 - Topline Vice President Kamala Harris vaulted past President Donald Trump to become the bookmaker’s favorite to win the November election on Tuesday night, after a strong showing in the first presidential debate. Key Facts According to the Election…

11 September 2024 - They could be left with a glut of produce, a situation that could drive down the price.

11 September 2024 - Kenyan travelers are being faced with excruciating delays as hundreds are still stranded at the major airport due to a unions' strike. The workers at the the Jomo Kenyatta International Airport (JKIA), Kenya's main airport have been opposed to a…

11 September 2024 - Last year, tea farmers earned Sh44.15 billion.

11 September 2024 - NAIROBI, Kenya, Sept 11 – Kenya Airports Authority (KAA) now says it is engaging the Kenya Aviation Workers Union (KAWU) in a bid to ensure resumption of normalcy at the Jomo Kenyatta International Airport (JKIA) following a strike by the aviation…

11 September 2024 - The Nigerian government recently disclosed that its financial sector experienced significant growth. This is despite the fact that Nigeria has been faced some of its worse economic hits in form of its currency devaluation and inflationary…

11 September 2024 - TOKYO, Sept. 11 (Xinhua) — Tokyo stocks closed lower on Wednesday as investors digested the Trump-Harris first presidential debate ahead of the U.S. election. Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, declined for…

11 September 2024 - In recent years, CFSs have undergone a remarkable transformation, adapting to new technologies and innovations that have revolutionized the sector.

11 September 2024 - SEP 11 – With business slumping, Apple has been under pressure to show what it will offer buyers to jumpstart a new wave of iPhone sales. On Monday, the technology giant revealed its hand – the iPhone 16 which has a camera button on the outside of…

11 September 2024 - SEP 11 – Absa Bank Kenya has extended support to struggling businesses, renegotiating payment lines to help businesses manage rising finance costs. The lender’s Managing Director and CEO, Abdi Mohamed, said the bank restructured Ksh1.3 billion of…

11 September 2024 - Every year, over 50,000 students graduate from the 70 Kenyan universities and join the job market. Unfortunately, many have found limited opportunities amid a rising unemployment rate.

11 September 2024 - NAIROBI, Kenya, Sep 11 – The Retirement Benefits Authority (RBA) has directed pension funds to submit retirement levies for the financial year ended on June 30, 2024. This is contained in a notice shared with trustees, scheme administrators, and…

11 September 2024 - NAIROBI, Kenya, Sep 11 – The Retirement Benefits Authority (RBA) has urged service providers of retirement benefit schemes whose financial year ended on June 30, 2024, to submit their financial statements by the end of this month. In a public…