Business

04 September 2024 - OTTAWA, Sept. 4 (Xinhua) — The Bank of Canada reduced its policy rate by 25 basis points to 4.25 percent on Wednesday. The bank said in a news release that with continued easing in broad inflationary pressures, the Governing Council decided to…

04 September 2024 - LUSAKA, Sept. 4 (Xinhua) — African countries should strengthen regional collaboration on the development of carbon market frameworks to deal with challenges many countries are facing, according to a communique issued after a meeting Wednesday.…

04 September 2024 - Fuel prices are currently retailing at Sh188.84 per liter of petrol in Nairobi, while diesel and kerosene are retailing at Sh171.6 and Sh161.75 per liter respectively.

04 September 2024 - National carrier cites unscheduled engine overhaul for recent flight delays.

04 September 2024 - In a survey of PE firms across the continent, professional financial services firm Deloitte found that a majority of funds in East Africa now expect that deal sizes will fall below the $25...

04 September 2024 - Topline The first mRNA mpox vaccine to be pitted against licensed vaccines beat its rivals by easing symptoms and potentially cutting transmission, according to new research published Tuesday, a coup for manufacturer Moderna as it strives to prove…

04 September 2024 - Developing a national risk register for Kenya would be a significant step toward safeguarding the country’s future.

04 September 2024 - Deadly anti-government protests in June and July disrupted business operations and delayed consumer spending decisions, pushing private sector activities to the lowest levels since April 2021.

04 September 2024 - The texture of the wine can complement the creaminess of the cheese and enhance the flavours.

04 September 2024 - The CBK action has helped the local currency to gain ground against world majors

04 September 2024 - Privatisation can take various forms including the initial public offer of shares or sale of shares by public tender.

04 September 2024 - Looking ahead, for these women-led businesses to achieve their full potential, they will need to continually embrace partnerships and collaborations.

04 September 2024 - Critics point out that the RDL could result in employers paying for overtime

04 September 2024 - Figures from the bank’s latest sustainability report indicate that the rate of staff exits at the Kenyan unit last year outpaced that of fresh hirings even though the latter more than tripled to...

04 September 2024 - The hotel comprises five interconnected buildings, each with a Swahili name reflecting a different aspect of the hotel’s story and emotion.

04 September 2024 - While governments and international organizations seek to solve some of the most pressing human challenges in several African countries, the contribution of the average African in volunteering their time to assist those in need is vital.…

04 September 2024 - Disputes regarding timely compensation of landowners have dogged projects involving compulsory acquisition of land.

04 September 2024 - Djibouti intends for Ethiopia to take up an offer on exclusive access to one of its ports, in an attempt to defuse regional tensions sparked by Ethiopia to reclaim direct access to the sea.

04 September 2024 - Africa’s agricultural trade is picking up speed, but it's facing opportunities and challenges. The continent recorded the second-fastest growth in agricultural imports, following Asia.

04 September 2024 - NAIROBI, Kenya Sep 4 – Twenty recruitment agencies have been de-registered as the state moves to curb the proliferation of agencies that facilitate job seekers seeking to travel abroad. The National Employment Authority (NEA) revealed the details…

04 September 2024 - Dubai's real estate market has seen major fluctuations and growth over the past five years

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

04 September 2024 - Insurers have been reporting elevated claims increasing their spending even as the growth in written premiums has lagged behind.

04 September 2024 - Adani Group-owned Adani Ports and Special Economic Zone (APSEZ), India’s largest ports and logistics company, has acquired an 80 per cent stake in Astro.

04 September 2024 - Kenyas building sector been regulated by the Building Code dating back to 1968.

04 September 2024 - NAIROBI, Kenya, Sep 4 – Nairobi Governor Johnson Sakaja has announced an ambitious Central Business District (CBD) revitalization program aimed at giving the city center a much-needed facelift. The announcement came during a pivotal entry audit…

04 September 2024 - SEP 4 – UK shares dropped on Wednesday morning following falls in Asian and US markets as concerns grow about the world’s largest economy. Data showed US manufacturing activity remains subdued, with investors now focussed now on US jobs figures…

04 September 2024 - SEP 4 – Telegram has apologised to South Korean authorities for its handling of deepfake pornographic material shared via its messaging app, amid a digital sex crime epidemic in the country. It comes days after South Korean police said they had…

04 September 2024 - SEP 4 – Telegram has apologised to South Korean authorities for its handling of deepfake pornographic material shared via its messaging app, amid a digital sex crime epidemic in the country. It comes days after South Korean police said they had…

04 September 2024 - NAIROBI, Kenya Sept 4 – Kenya’s private sector activity improved last month for the first time since May due to the cooling of the recent anti government protests. The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) Report indicates a mild…

04 September 2024 - Congratulations on completing your secondary education and getting to this next level. You may not have gotten the coveted grades to get you into a degree course in your dream university but that's not the end of the road at all for you. There are…

04 September 2024 - Nairobi and Kampala have been at loggerheads over the import of key agricultural products.

04 September 2024 - Readings below 50 signal a decline in month-on-month private sector deals while levels above point to growth.

04 September 2024 - NAIROBI, Kenya Sept 4 – Salaries and Remuneration Commission (SRC) Chairperson Lynn Mengich has termed the country’s wage bill as bloated, raising concerns over the current 43 percent public wage bill to revenue ratio. Mengich, who was speaking in…

04 September 2024 - VIENNA, Sept. 4 (Xinhua) — Statistics Austria said on Wednesday that the country’s gross domestic product (GDP) contracted for the fifth consecutive quarter in the second quarter (Q2) of this year, indicating that Austria remains in a recession.…

04 September 2024 - NAIROBI, Kenya, Sept 4 – Food industry leaders are calling for increased adoption of innovation and technology within the hospitality sector to drive growth and enhance the customer experience. The leaders who spoke during the Expo currently…

04 September 2024 - By Victoria Goro SEP 4 – For aspiring creatives, there is much to be gained by building a broad range of skills and experience. This can future-proof their career and make their time in the industry more productive and rewarding.  As a young…

04 September 2024 - Equity Bank, KCB and the Co-operative Bank top in financial services.

04 September 2024 - Salaries and Remuneration Commission (SRC) chairperson Lynn Mengich said the public service wage bill has seen an upward trend recently.

04 September 2024 - Horticulture exporters in Kenya are increasingly compelled to transport their produce by sea rather than air.

04 September 2024 - China has signed a deal with Tanzania and Zambia to rehabilitate a decades-old railway aimed at improving rail-sea transportation in resource-rich East Africa.

04 September 2024 - Estonia's identification system relies on three main components; a single electronic identity, interoperability system, and a framework of individual trust.

04 September 2024 - Jacob Zuma’s daughter, Nomcebo Zuma, is officially the 16th wife of the King of Eswatini, formerly Swaziland, following a traditional ceremony on Monday night.

04 September 2024 - 45 percent of the country's water supply is non-revenue generating.

04 September 2024 - Following the discovery of his body, the family plans to pursue a new legal path to seek justice.

04 September 2024 - The UK has been asking fresh produce exporters to test 10 percent of their export volumes

04 September 2024 - Even when repaired correctly, the underlying cause is often not investigated and addressed.

04 September 2024 - TOKYO, Sept. 4 (Xinhua) — Tokyo stocks ended sharply lower on Wednesday, with the Nikkei index diving over 4 percent, as weaker-than-expected U.S. manufacturing data renewed fears of a U.S. economic slowdown. Japan’s benchmark Nikkei stock index,…

04 September 2024 - NAIROBI, Kenya, September 4 – Two United Arab Emirates cities are now leading as the favorite destinations for long-term remote workers under the Nomad remote visa program. This is according to a report released by the Savills Executive Nomad…

04 September 2024 - Bill Gates, co-chair of the Bill and Melinda Gates Foundation, pointed out that Nigeria's tax collection remains low.