Business

02 September 2024 - Motoring in Kenya is a mechanical demolition derby because our conditions aren't good enough to be kind and aren't bad enough to force care.

02 September 2024 - Amid the widespread global support for the United Nations’ Sustainable Development Goals (SDGs), there was an underlying concern among economists and financial advisors in the emerging and frontier markets: public sector and donor funds were…

02 September 2024 - Ten persons in Nigeria are facing criminal charges after being labeled as enemies of the state. These individuals who participated in Nigeria's recent 'End Bad Governance Protest in Nigeria' may suffer the greatest sentence if found guilty for…

02 September 2024 - The government has drafted the Food and Feed Safety Control Coordination Bill that seeks to create a clear framework for regulatory control.

02 September 2024 - It is themed: 'Driving Growth in Kenya’s Manufacturing Sector'.

02 September 2024 - KAA workers went on strike to oppose the airport takeover, amid ongoing concerns over job security.

02 September 2024 - Ngugi Kiuna, a former BOC Kenya chairman, argued CMA approved the takeover by ignoring the undervaluation of the target company.

02 September 2024 - Old Mutual Holdings PLC has announced a profit after tax of Ksh327 million for the first half of 2024, a remarkable turnaround from the Ksh195 million loss recorded during the same period last year.

02 September 2024 - Being one of the largest oil producing nations in Africa, Nigeria’s Gross Domestic Product (GDP) benefits a great deal from the sale of this resource. However, it is important to note that the West African country has a diversified economy and…

02 September 2024 - Africa should prioritise strengthening ties with partners who genuinely support its growth and stability, rather than those who seek to exploit its resources.

02 September 2024 - ADEN, Yemen, Sept. 2 (Xinhua) — A merchant vessel came under attack approximately 70 nautical miles (about 130 km) northwest of Saleef, Yemen, reported the United Kingdom Maritime Trade Operations (UKMTO) on Monday. The master of the affected…

02 September 2024 - NAIROBI, Kenya, Sep 2 – Sales made via Kenya Breweries Limited’s (KBL’s) digital platform grew from 8 to 60 percent in the last financial year ending June 30, 2024. KBL Managing Director Mark Ocitti said that the use of Diageo One improved the…

02 September 2024 - An investor can choose several shares of listed companies instead of putting all their money into one company's stock.

02 September 2024 - The long-awaited Dangote fuel is about to be on sale. The 650,000-barrel-per-day refinery was scheduled to start selling fuel to Nigerians in mid-September after missing multiple deadlines.

02 September 2024 - Elon Musk remains at No. 1. But the ups and downs of tech stocks shuffled the ranks of others among the world’s top 10 richest, with Larry Ellison falling a notch while Bill Gates overtook the Google cofounders. For the second month in a row,…

02 September 2024 - The Nigerian National Petroleum Company Limited (NNPC Ltd) has acknowledged its outstanding debts to suppliers of premium motor spirit (PMS), commonly known as petrol.

02 September 2024 - He replaces Keith Hansen who has held the post since September of 2020.

02 September 2024 - SEP 2 – Raising the windfall tax on the UK’s oil and gas companies will hit the government’s main goal of growing the economy, the industry has said. Offshore Energies UK (OEUK) said the planned hike would cause investment in the sector to plunge…

02 September 2024 - NAIROBI, Kenya, Sep 2 – Private security firm BM Security has appointed former TV anchor Michelle Morgan to be the new CEO. She succeeds Neil Morgan, who served in the position for the past eight years and will be taking the chairmanship post.…

02 September 2024 - The cement maker's share rose 21.1 per cent to Sh77.50  in a week ended August 30.

02 September 2024 - Kenya's national airline Kenya Airways (KQ) has announced a series of strategic appointments and organisational changes aimed at "enhancing operational efficiency and driving sustainable growth."

02 September 2024 - Kenya, despite its fertile land, faces persistent challenges in achieving food security.

02 September 2024 - Thalia’s ambitious plans to scale its operations across seven African markets, including Ghana, Nigeria, and Uganda.

02 September 2024 - SEP 2 – Brazil’s Supreme Court will vote on Monday on whether or not to uphold a ruling to ban social media platform X, formerly known as Twitter. Justice Alexandre Moraes called for the vote after the platform was suspended in the country in the…

02 September 2024 - NAIROBI, Kenya, Sep 2 – Kenyans will need licenses to hold fundraisers should the Public Fundraising Appeals Bill, 2024, sail through Parliament. The bill, which will be tabled by Senate Majority Leader Aaron Cheruiyot, seeks to overhaul the…

02 September 2024 - DOHA, Sept. 2 (Xinhua) — QatarEnergy announced on Sunday plans to construct a new world-scale urea production complex, which is expected to double Qatar’s current urea production from 6 million tons per annum (MTPA) to 12.4 MTPA. The project…

02 September 2024 - Sunlight, a Unilever brand, has unveiled a financial literacy empowerment programme dubbed "Shika More Na Sunlight", to enhance the skills of women entrepreneurial.

02 September 2024 - World Bank reveals that Kenya currently faces a demand of 250,000 units.

02 September 2024 - The World bank and International Monetary Fund confront accusation of reckless lending to Kenya.

01 September 2024 - Sustainability reporting gives a complete view of an organisation, helping to build trust through transparency and focus on outcomes.

01 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.

01 September 2024 - In the half year ended June 2024, NSE’s expenses grew by 18.2 percent to Sh339.5 million even as its revenues grew by a smaller 13.8 percent to Sh429.5 million.

01 September 2024 - Despite posting its first half-year profit in a decade, KQ still suffers a negative equity position, standing at Sh123.6 billion in the wake of mounting debts and prolonged stay in the...

01 September 2024 - In Kenya, the entry of Starlink has been seen as a duel between Musk and Safaricom, the largest technology company in East and Central Africa.

01 September 2024 - CBK data showed of the Sh641.3 billion NPLs as of the end of March 2024, only Sh93.3 billion or 14.5 percent related to personal or households, suggesting that companies accounted for a bigger...

01 September 2024 - Bridging the academia-marketplace gap is not a one-time fix. It requires sustained effort from all stakeholders.

01 September 2024 - The latest payout crowns the year as one of the most rewarding for shareholders given that the last time Bamburi distributed more than Sh2 billion was on 2016 results when it paid Sh4.36 billion.

01 September 2024 - Investors late last week bought the country’s Eurobond trading on the London Stock Exchange at levels last seen mid-July, signifying a lower credit risk rating.

01 September 2024 - In real estate, this emotional undercurrent can be understood through a concept we might call seller’s grief.

01 September 2024 - Mombasa South mainland is presently served by on-site sanitation systems comprised of septic tanks and pit latrines.

01 September 2024 - Copia Kenya’s financial woes deepened earlier in the year after it failed to raise cash to sustain operations.

01 September 2024 - Many women have been conditioned to think that pleasure during sex isn’t meant for them, or that it’s primarily for men.

01 September 2024 - The CBK has accepted Sh32 billion from the bids with investors locking in the allocated return of 17.7279 percent from the paper.

01 September 2024 - Egypt recently wrote to the United Nations concerning the incidents regarding the Ethiopian Renaissance Dam. For over a decade now, Egypt and Ethiopia have been at odds with each other on the construction of a hydroelectric dam located about 30 km…

01 September 2024 - Crop Development PS Kipronoh Rono told MPs that the IDA loan amounted to $250 million, while the national and county governments were to provide counterpart funding of $25 million.

01 September 2024 - The Ramjis are accused of forging NSSF board resolutions related to the 7.4-acre land.

01 September 2024 - The AfCFTA, stretching from Cape Town to Cairo and Accra to Antananarivo, is one of the most progressive trade agreements globally and will enhance market access to the Pan-African market.

01 September 2024 - New data from CBK shows average commercial bank lending rate fell to 16.84 percent in July from 16.85 percent in June, the first monthly drop since October 2022.

01 September 2024 - Fund managers and approved issuers held the majority of the assets amounting to 1.89 trillion.

01 September 2024 - Co-op Bank is the least expensive Tier 1 bank, offering an average of 15.18%.