Business

04 September 2024 - Truth be told, informing an employee that they are being laid off is never easy

04 September 2024 - NAIROBI, Kenya, Sep 4 – Former Samburu Governor Moses Lenolkulal has filed an appeal against his conviction and sentencing in the Sh83.4 million corruption case. In his suit papers, Lenolkulal faulted the trial magistrate for not fully analysing…

04 September 2024 - SEP 4 – In the heart of a bustling region where technology and logistics often clash in inefficiencies, Jacob and Josh, seasoned leaders with rich backgrounds in manufacturing, logistics, and fintech, envision a revolutionary change. As founder…

04 September 2024 - Since its founding in 2000, the Bill and Melinda Gates Foundation has partnered with institutions across 49 African countries, focusing on health and agricultural advancements to drive progress.

04 September 2024 - NAIROBI, Kenya, Sep 4 – Absa Bank Kenya CEO and MD Abdi Mohamed has been recognised for building the brand by the African Brand Leadership Award 2024. In the Business Leader category, Mohamed stood out for his role in building and growing an…

04 September 2024 - The Democratic Republic of Congo has scrapped a $1.2 billion project to establish a national biometric ID system.

04 September 2024 - CBK data reveals a competitive landscape among Tier-I banks, particularly regarding long-term loan offerings, with interest rates generally ranging between 13-18 per cent.

04 September 2024 - From Tems to Tyla, African music has had a great year thus far, especially for female artists across the continent. The success of artists like Ayra Starr or Fave has been one that Afropop queen, Yemi Alade, has inadvert- tently had a lot to do…

04 September 2024 - Britam, in partnership with Oxfam and Swiss Re, introduced the Index-Based Flood Insurance (IBFI) to the region.

04 September 2024 - NAIROBI, Kenya Sept 4 – The Public Procurement Regulatory Authority(PPRA) has urged  procuring entities including suppliers, contractors ,consultants  and service providers to adhere to the Public Procurement Capacity Building Levy Order, 2023  …

04 September 2024 - Kenya is emerging as one of the leading Global Business Services (GBS) market destinations and a source of digital jobs attracting more than $500 million in revenues annually.

04 September 2024 - WASHINGTON, Sept. 4 (Xinhua) — Economic activity in the U.S. manufacturing sector contracted in August for the fifth month in a row, the Institute for Supply Management (ISM) said Tuesday. The U.S. Manufacturing Purchasing Managers’ Index (PMI)…

04 September 2024 - NAIROBI, Kenya, September 4 – Six successful applicants for the 2024 edition of the Creatives for our Future programme under the Swarovski Foundation will now receive £20,000 (Ksh3,378,208) to advance their innovations and career. The 2024 edition…

04 September 2024 - The EAC had wanted to negotiate with the UK as a bloc following its exit from the EU.

04 September 2024 - NAIROBI, Kenya, Sep 4 – Safaricom is the most admired brand in Kenya, a new report has shown, highlighting the company’s leadership in mobile money, internet services, and voice and data communications. The study, which was sponsored by Capital…

04 September 2024 - RUBiS Energie has appointed Olivier Sabrié as the CEO for East Africa and Group Managing Director of RUBiS Energy Kenya. Mr Sabrié succeeds Mr Jean-Christian Bergeron who will be returning to Paris, France, to undertake a new assignment.

04 September 2024 - Did you get laid off, or did your contract end, and you are starting 2024 unemployed? If you are wondering what you can do to replace your lost income, working from home could be a good option. 

04 September 2024 - This initiative seeks to correct historical biases and ensure fair competition in public sector employment.

04 September 2024 - In conflict regions, United Nations (UN) peacekeeping deployments are frequently the thin line between chaos and order. African countries play an important part in these operations, not only as beneficiaries but also as key sources of peacekeeping…

04 September 2024 - NAIROBI, Kenya Sep 3 – Civil Servants have called off their strike following the announcement by Public Service Cabinet Secretary Justin Muturi to effect phase two of their negotiated pay rise by the end of this month. The Public Service Cabinet…

04 September 2024 - NAIROBI, Kenya, Sep 3 – Businessman Joel Kibe now wants the Capital Markets Authority to protect minority shareholders at Old Mutual. In a letter to the authority, Kibe urged the regulatory body to investigate alleged breaches by the public listed…

04 September 2024 - LONDON, Sept. 4 (Xinhua) — Scottish Finance Secretary Shona Robison announced a government spending cut of 500 million pounds (655 million U.S. dollars) on Tuesday, during her speech to the Scottish Parliament at Holyrood. The savings will come…

04 September 2024 - NAIROBI, Sept. 3 (Xinhua) — The Insurance Regulatory Authority yesterday rolled out a facility to boost investments in geothermal energy projects in East Africa. IRA commissioner-general Godfrey Kiptum said that the Geothermal Risk Underwriting…

04 September 2024 - Several African leaders have arrived in China’s capital, Beijing, for the 3-day Forum on China-Africa Cooperation (FOCAC) summit. This is the first time African leaders are convening in the capital city since 2018. Several questions have been…

04 September 2024 - Local alcohol firms lamented that the higher 35 per cent CET rate charged by Kenya was making alcohol more expensive.

04 September 2024 - This, amid concerns by businesses that have invested at JKIA.

04 September 2024 - The disruption in supply chain has forced SME agro dealers to cease operations

04 September 2024 - Equipped with advanced artificial intelligence and self-driving technology, Nadia robots navigates the dining area with precision, avoiding obstacles and ensuring that each order is delivered accurately and efficiently.

04 September 2024 - EABL seeks to increase its shareholding in Uganda Breweries Ltd (UBL) to 100 per cent by acquiring 2,177,995 shares.

04 September 2024 - The Macadamia Nuts Association of Kenya (MACNUT) has asked the government to re-evaluate the policy allowing the export of unprocessed macadamia.

04 September 2024 - The government is expected to save 30 per cent of public procurement resources once the procurement process is fully automated by January next year.

04 September 2024 - Experts emphasised the importance of MSMEs adopting formal structures and aggregating their efforts to succeed beyond Kenya's borders.

04 September 2024 - Starlink's foray into Kenya carries several similarities to the entry of the country's third mobile service provider Econet Wireless 16 years ago.

04 September 2024 - The elderly deserve to age gracefully for the great job they have done for their country and their children.

04 September 2024 - Startups fail for many reasons, ranging from running out of funding to poor product-market fit.

04 September 2024 - The number of women holding governor roles at central banks increased to 29 this year from 23 last year, according to a recent report.

03 September 2024 - Nigeria has been ranked as the largest debtor in Africa and the third-largest globally to the World Bank’s International Development Association (IDA), according to the Bank’s financial statement.

03 September 2024 - The decision to purchase additional shares, was inspired by EABL’s improved returns

03 September 2024 - Months after taking power, the Ruto administration stopped French contractors from starting works on the mega road project, citing concerns over costly toll charges for use of the superhighway.

03 September 2024 - Lawmakers are concerned that the commission still holds at least Sh2.98 billion in compensation.

03 September 2024 - The exploration risk insurance covers insufficient output due to lack of geothermal resources

03 September 2024 - Four ethnic communities are considered overrepresented because their jobs share in the civil service surpasses the communities corresponding national population proportion.

03 September 2024 - Palm oil stearin is a by-product of palm oil refining and is used in soap manufacture and cooking fats.

03 September 2024 - The accusations follow revelations by the Treasury that Sh218.5 billion was not released to ministries, departments, and agencies due to a shortfall in revenue collection and financing.

03 September 2024 - Kenya has in the recent past registered growing incidences of power blackouts that have had significant disruptions to businesses and houses holds.

03 September 2024 - The gender pay gap in 2022 was the highest in the bank’s operations in Kenya and Tanzania

03 September 2024 - Demand for LPG has dropped from 373,865 metric tonnes in 2021 to 360,594 metric tonnes last year as more households turn to use of charcoal.

03 September 2024 - Kelsey Alpaio’s research highlights the importance of finding the right task management method

03 September 2024 - Kenya and the UK signed the EPA in December 2020. The trade deal was ratified in March 2021.

03 September 2024 - Some of the most targeted systems include database servers, operating systems, network devices, web applications, and remote access systems.