Business

05 September 2024 - This, as a team of 16 Kenyan officials pitch tent in Mumbai  for a due diligence mission.

05 September 2024 - If approved, the transaction will see Centum’s stake in Sidian fall from the current 34.1 percent to 15.19 percent.

05 September 2024 - NAIROBI, Kenya Sept 5 – Biometric tech company Smart Applications International plans to expand into Botswana to capture a larger market share in the southern African country. William Techera, the firm’s marketing manager, stated that this…

05 September 2024 - DOHA, Qatar Sep 5 – Qatar Airways has unveiled a new global ‘AI Adventure’ film which utilises state-of-the-art technology to reinforce its commitment to developing incomparable, immersive experiences for everyone. In an industry-first, the…

05 September 2024 - The tax authority emphasised that the employees remained under the employment of Safaricom

05 September 2024 - NAIROBI, Kenya, Sep 5 – Unions representing doctors, nurses, clinic officers have threatened an industrial action within the next 14 days, citing salary arrears owed to health workers across the 47 counties. The Kenya Medical Practitioners,…

05 September 2024 - Russia has expressed a desire to become more involved in Nigeria's hydrocarbon market. It hopes to provide its vast experience in offshore seismic surveys and hydrocarbon deposit exploration. This is coming at a time when the West African country…

05 September 2024 - NAIROBI, Kenya, Sep 5 – Absa Bank Kenya invested Sh60 billion into sustainability initiatives in 2023, highlighting growing investments in clean as well as projects that support communities. The allocation went into sustainable financing, social…

05 September 2024 - BEIJING, China, Sep 5 – President William Ruto has called on China to scale up its cooperation with Africa by helping them access concessional funding for development. The President asked China to rally various stakeholders to double their…

05 September 2024 - BERLIN, Sept. 5 (Xinhua) — The Munich-based ifo Institute for Economic Research has downgraded its economic growth outlook for Germany on Thursday, predicting zero growth for 2024, down from the previous estimate of 0.4 percent. The growth…

05 September 2024 - Dangote Petroleum Refinery has debunked recent media reports suggesting that the Nigerian National Petroleum Corporation (NNPC) has begun lifting petrol from its facility for ₦897 per litre.

05 September 2024 - The lender also reduced operational carbon emissions by  8%.

05 September 2024 - Nigeria is reportedly exploring the possibility of allowing billionaire Aliko Dangote's refinery to determine the price of the gasoline it sells.

05 September 2024 - South African President Cyril Ramaphosa is currently in China for his second state visit, along with his participation in the Summit of The Forum on China-Africa Cooperation (FOCAC) this week. This visit underscores a deepening of bilateral…

05 September 2024 - Most warehouses for storage of farm produce are substandard, which is being blamed for increased post-harvest losses in the country.

05 September 2024 - Rents stabilised at an average $13 (Sh1,677) per square metre.

05 September 2024 - The AI Convention mainly focuses on the protection of human rights of people affected by AI systems

05 September 2024 - The company also carries an outstanding medium term corporate bond of Sh11 billion

05 September 2024 - Chinese leader Xi Jinping on Thursday pledged over Ksh.6.4 trillion ($50 billion) in financing for Africa over the next three years, promising to deepen cooperation in infrastructure and trade with the continent as he addressed Beijing's biggest…

05 September 2024 - The three girls may miss out on the opportunity to represent Kenya in the International Robotic Olympiad in Turkey this November if they do not get funding to support their travel.

05 September 2024 - President Xi Jinping has announced that China will increase its support to Africa, pledging nearly $51 billion in funding.

05 September 2024 - According to a report by the Energy and Petroleum Regulatory Authority (EPRA), Kenyans are paying more for cooking gas due to limited competition in the importation of Liquid Petroleum Gas (LPG).

05 September 2024 - The US ambassador to Kenya, Meg Whitman has revealed that President William Ruto's withdrawal of the Finance Bill 2024 led to the International Monetary Fund (IMF) cancelling Kenya's Ksh131 billion loan. 

05 September 2024 - Despite the challenges in the equities market, foreign investors maintained a net buying position. Total foreign purchases amounted to Ksh11.6 billion, surpassing foreign sales, which totaled Ksh8.6 billion during the April-June 2024 period. 

05 September 2024 - Motorists have been overcharged an estimated Ksh16.4 billion or Ksh2.70 per litre of fuel since Kenya opted for government-to-government oil supply contracts with three Gulf-based companies.

05 September 2024 - Speaking in the town hall meeting that was held at the Kenyatta International Convention Centre (KICC) on Sunday August 25, Ruto addressed concerns about the new funding model saying that it is meant to address inequality in our education system…

05 September 2024 - The pressure was getting worse. Every month someone had something to say about where I should and shouldn’t keep my salary and most times it ended up in everyone's pockets but mine. 

05 September 2024 - Financial independence isn't just a goal—it's a necessity, especially for women. Whether it’s avoiding the potential pitfalls of divorce, coping with the loss of a partner, or ensuring a peaceful and self-sufficient retirement without depending on…

05 September 2024 - The Cabinet Secretary for Treasury John Mbadi has announced that the government is unable to hire 20,000 Junior Secondary School (JSS) teachers on a permanent and pensionable basis in the current financial year, as anticipated. 

05 September 2024 - The Teachers Service Commission (TSC), on Wednesday, August 21,announced that the government had provided funds for implementation of the second phase of an increase on teachers’ salaries.

05 September 2024 - The Central Bank of Kenya (CBK) will spend Ksh14 billion to print new currency notes through a German printing firm, G+D. CBK Governor told Parliament that the move to print new currency notes was informed by a pending shortage of bank notes that…

05 September 2024 - My cousin wanted to throw a party for her son’s first birthday and the group was for us to contribute. Is it just me or was this quite ridiculous? Surely the harambee spirit has not gotten here. Supporting family is important, but I now reckon the…

05 September 2024 - Students who believe they've been placed in the wrong funding model band can appeal for a change through a Ministry of Education portal, according to Education CS Julius Migos. Migos promised that the Ministry was working very hard to re-band any…

05 September 2024 - The National Social Security Fund (NSSF) has advertised 131 job vacancies in various fields. NSSF stated that for these positions, it provides a competitive salary, a thorough benefits package, and opportunities for professional development in…

05 September 2024 - Following President William Ruto's recent directive, public universities were instructed to withdraw the admission letters previously sent to incoming students and issue new ones that outline the financial contributions families are expected to…

05 September 2024 - The Public Service Commission (PSC) is restricting salary advances for civil servants, setting a maximum limit of one month's salary. A draft policy created by the Public Service Commission, specifies that an accounting officer may approve a…

05 September 2024 - Learn from his financial mistake: Discover why taking a loan against his car turned into a nightmare. Our writer shares the hard lessons learned, hidden fees, and the impact of not fully understanding loan terms. Don't make the same mistake—get…

05 September 2024 - Most of the money was lost by creating fictitious loans to non-existent members. The loans advanced are reported to have been withdrawn by Sacco officials who have since been removed from office. 

05 September 2024 - The Energy and Petroleum Regulatory Authority (EPRA) has released the fuel prices. The authority added that the 16% VAT on fuel would remain, raising questions on how the government responded to a Court of Appeal ruling that nullified some…

05 September 2024 - A new bill has been proposed in Parliament that aims to give public servants the freedom to transfer their earned pension benefits from the Public Service Superannuation Fund (PSSF) to a retirement plan of their choice upon exiting public service.

05 September 2024 - “I want to work with farmers at the farm level”, is what I told the CEO when he asked why I’d handed in my resignation. I was a Public Relations officer. It was a dream job in many ways. When an opportunity to go to Israel for an 11-month…

05 September 2024 - The Public Service Commission (PSC) on Tuesday, August 13 advertised internship opportunities for interested and qualified Kenyans who upon being successful will be posted to various Ministries, Departments and Agencies. Interested candidates to…

05 September 2024 - The Kenya National Highways Authority (KeNHA) has announced its plan to introduce tolls on six major highways, including the heavily trafficked Thika Road. This move is part of a broader strategy to fund road development and maintenance through…

05 September 2024 - The government is set to bring back some clauses that were contained in the Finance Bill of 2024 which was last month withdrawn via an order from President William Ruto. Treasury CS John Mbadi announced that the introduction of some of the laws…

05 September 2024 - Kenyans will now pay more for electricity after an announcement by the Energy and Petroleum and Regulatory Authority (EPRA) that saw an increase in the fuel cost charge and the forex fluctuation charge. In other news, KRA has been urged to clarify…

05 September 2024 - They say love is blind and every time I remember what my money went through in the name of love I can’t help but cringe. Learn from my experience of moving in with my boyfriend as I share insights on the importance of financial independence, open…

05 September 2024 - Police officers dealt with small groups of protestors who tried to march through several important city streets by mid-morning. Police set up barricades on all main roads, limiting access to Nairobi's downtown area and ejected traders and public…

05 September 2024 - Lang’at skipped the swearing in ceremony held at State House and presided over by Head of Public Service Felix Koskei and witnessed by President Ruto. As the State House swearing in ceremony was going on, anti-government protests, dubbed #NaneNane…

05 September 2024 - The State Department for Social Protection and Senior Citizen Affairs has announced that it is recruiting 1,495 Kenyans who will serve as enumerators and enumerator supervisors offering up to Ksh2,300 daily. Application is online up to August 26,…

05 September 2024 - The Central Bank of Kenya (CBK) has announced significant changes to the country's banknotes, marking the first major update since the new currency was introduced in 2019. The changes will begin with the release of the Ksh.1,000 note, with other…