Business

31 May 2025 - By Shadrack Kiratu MAY 31 – Most health insurers are digitising and aim to turn these investments into a competitive advantage. Across Kenya and other emerging markets, insurers are investing heavily in digital transformation – automating claims,…

31 May 2025 - Dangote oil refinery plans to import at least five million barrels of U.S. West Texas Intermediate (WTI) crude oil in July, according to three trading sources familiar with the matter.

31 May 2025 - It is a fast-maturing crop, with many hybrid varieties taking just two and a half to three months to reach harvest.

31 May 2025 - MAY 31 – A lack of action by big tech firms is enabling the “industrial scale theft” of premium video services, especially live sport, a new report says. The research by Enders Analysis accuses Amazon, Google, Meta and Microsoft of “ambivalence and…

31 May 2025 - Japan is stepping up efforts to help its companies expand in Africa and strengthen trade ties across a continent where it has traditionally been viewed primarily as a donor.

31 May 2025 - NAIROBI, Kenya, May 31 – The African School of Governance (ASG) has wrapped up its presidential tour across five major African cities, marking a bold step into the continent’s educational and public policy arena. Touching down in Nairobi, Lagos, Cairo,…

31 May 2025 - NAIROBI, Kenya, May 31 — Jubilee Holdings has announced a record dividend payout of Sh978 million for the 2024 financial year, following a robust performance that saw the insurer’s profit before tax hit Sh6.2 billion. Shareholders approved a final…

31 May 2025 - Farmers should educate themselves about preventable diseases and routinely vaccinate their animals.

31 May 2025 - This ex-accountant is nurturing a new era of innovative organic farming of coconuts.

31 May 2025 - Insurer says its AI-supported fraud detection tool helped it toidentify and act on 536 suspicious cases.

31 May 2025 - Uganda plans to borrow €500 million ($568 million) from three lenders, including the African Export-Import Bank (Afreximbank), to fund infrastructure development, according to Finance Minister Matia Kasaija.

31 May 2025 - Bill seeks to reclassify fertiliser by shifting it from zero-rated goods category to the tax-exempt schedule.

31 May 2025 - Careful planning is crucial as you consider major decisions like marriage, family, and homeownership.

31 May 2025 - Instead of selling four acres at a go, sell a portion of the land and plan with your wife how to invest and start building a home.

31 May 2025 - Key objections include the proposed shift of essential goods from zero-rated to standard VAT at 16pc.

31 May 2025 - The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) has voted to cut the country’s interest rates by 25 basis points to 7.25%. In addition to this, SARB Governor Lesetja Kganyago said the inflation target should be dropped to 3%,…

30 May 2025 - Mauritanian diplomat Sidi Ould Tah has been elected as the ninth president of the African Development Bank Group (AfDB) following a decisive three-round vote by the bank’s board of governors during the annual meeting in Abidjan.

30 May 2025 - Uganda has only paid $118m amid conflicting positions on payout amount by Parliament, ERA and auditor general.

30 May 2025 - A judge has upheld the appointment of Mohamed Osman Adan as the managing director of East African Portland Cement (EAPC). Employment and Labour Relations Court judge Byram Ongaya ruled that Mr...

30 May 2025 - In 1989, at the age of 11, I crossed a border that would change my life. My family fled Bulgaria during a period of forced ethnic assimilation, leaving behind everything we knew and arriving in Turkey as refugees, with only two suitcases to our name.…

30 May 2025 - A coalition of leading virtual asset firms, in partnership with PwC Kenya, has submitted sweeping tax reform proposals to the National Assembly Committee on Finance and National Planning, seeking a friendlier regulatory framework for digital assets in…

30 May 2025 - The Nigerien Armed Forces have officially introduced the country's first domestically designed and assembled military vehicle, the Tamgak Wangari.

30 May 2025 - Jean Mboulè, a Cameroonian won a landmark legal case against France after his Schengen visa application was rejected on questionable grounds.

30 May 2025 - Jean Mboulè, a Cameroonian won a landmark legal case against France after his Schengen visa application was rejected on questionable grounds.

30 May 2025 - African footballers have generally provided excellent value for money for the elite clubs across Europe, but this has not always been the case, with one notable exception. FORBES AFRICA lists notable transfers in history involving African players, and…

30 May 2025 - Mauritian financial services provider AXYS Group is keen to control a larger share of trading and corporate advisory deals on the Nairobi bourse

30 May 2025 - MEXICO CITY, May 30 (Xinhua) — Mexican President Claudia Sheinbaum on Thursday questioned the U.S. government for striking plea deals with Damaso Lopez Serrano, a member of a cartel the United States itself has labelled as “Foreign Terrorist…

30 May 2025 - NAIROBI, Kenya, May 30 – Afya Sacco Society has formally written off Sh361.6 million lost in the collapsed investments with the Kenya Union of Savings and Credit Co-operatives (KUSCCO), representing one of the largest financial hits linked to the…

30 May 2025 - NAIROBI, Kenya, May 30 – Health experts have raised alarm over delays in passing Kenya’s Tobacco Control (Amendment) Bill 2024, warning that regulatory stagnation is fuelling misinformation about smokeless nicotine products and hindering efforts to…

30 May 2025 - Saudi Arabia has suspended the issuance of Block Work Visas for nationals from seven African countries, a move that could disrupt labor migration and remittance flows.

30 May 2025 - ABIDJAN, May 30 (Xinhua) — Mauritanian Sidi Ould Tah was elected Thursday as president of the African Development Bank (AfDB) during the 60th annual meetings of the African banking institution currently taking place at its headquarters in Abidjan,…

30 May 2025 - NAIROBI, Kenya, May 30 – The 2025 KPMG Private Enterprise Venture Summit concluded in Nairobi with a strong call for greater collaboration between startups and investors to drive the next wave of innovation and economic growth in Africa. Held at Villa…

30 May 2025 - Burkina Faso is set to boost its industrial gold production in 2025, driven by the ramp-up of Soleil Resources International Ltd.'s project in the country and the anticipated start of output from a new mine operated by Australia’s West African Resources…

30 May 2025 - CARACAS, May 30 (Xinhua) — Venezuelan Vice President Delcy Rodriguez said Thursday that Washington’s decision this week to revoke the so-called licenses of transnational companies operating in the South American country has had no impact on oil…

30 May 2025 - NAIROBI, Kenya, May 30 – The Government has set aside about Sh500 million to buy 5,000 metric tons (MT) of rice from local farmers in Kirinyaga and neighboring counties. The mop-up follows concerns raised by Mwea Irrigation Scheme farmers on the…

30 May 2025 - Nairobi, Kenya, May 30, 2025 – With Africa’s air conditioner market projected to reach US$12.2 billion by 2033, global electronics manufacturer LG is intensifying efforts to position itself at the forefront of this growth by equipping HVAC professionals…

30 May 2025 - The institution also proposed the ending of all amnesty programs usually initiated by governors to encourage defaulters of land rates to pay their dues.

30 May 2025 - Let’s be honest, saving money isn’t always top of mind for many people when they are in their youthful years, their 20s or early 30s. With job hunting, rent, social life, and maybe even supporting the family, there never seems to be “extra” cash lying…

30 May 2025 - In 2025, a few players of African descent appeared on Forbes' annual list of the world's highest-paid athletes, with their combined on-field and off-field incomes demonstrating their impact in sports and business.

30 May 2025 - In 2025, a few players of African descent appeared on Forbes' annual list of the world's highest-paid athletes, with their combined on-field and off-field incomes demonstrating their impact in sports and business.

30 May 2025 - NAIROBI, Kenya, May 29 – Countries forming the East African Community (EAC) bloc have been urged to negotiate trade agreements with third parties as a bloc to improve negotiation leverage. The East African Business Council (EABC) Acting Executive…

30 May 2025 - MAY 30 – US green fuel company HIF Global has a big vision for Texas’s Matagorda County: a $7bn (£5.2bn) commercial scale e-methanol factory to supply the world market. The plant, which it claims would be the largest to date anywhere, would make e-…

30 May 2025 - South Africa has proposed a decade-long liquefied natural gas (LNG) import agreement with the United States as part of efforts to deepen bilateral economic relations and secure favorable trade terms.

30 May 2025 - By Rajul Malde MAY 30 – High and rising energy cost has been identified as one of the impediments to manufacturing and to new investments in Kenya. As highlighted in various forums, Kenya’s high power costs are not only undermining industrial…

30 May 2025 - 'Ultimately, we created an improved product with a shelf life of over seven years.' - Prof. Jackson Muthengia

30 May 2025 - MAY 30 – US President Donald Trump can keep collecting import taxes for now, an appeals court has said, a day after a trade ruling found the bulk of his global tariffs to be illegal. A federal appeals court granted a bid from the White House to…

30 May 2025 - NAIROBI, May 30 (Xinhua) — The urgency to tackle the escalating global housing crisis took center stage as the resumed second session of the United Nations (UN) Habitat Assembly opened Thursday in Nairobi, the Kenyan capital. More than 1,000 delegates,…

30 May 2025 - While some African countries have successfully stabilized their currencies and built resilience, others continue to struggle under the weight of a discounted currency.

30 May 2025 - In this newsletter, we are covering the unfolding investigations that have exposed how Ksh75 million was used during a groundbreaking ceremony for the failed Greenfield Terminal project.

30 May 2025 - Yet, the regulator is struggling to tame the gambling craze.