Business

30 August 2024 - Kenya's annual inflation bucked months of easing in August on a fresh increase in the prices of food.

30 August 2024 - Naivas Supermarket has opened its 12th store in Mombasa at Nyali, the retailer's 105th outlet in Kenya.

30 August 2024 - The critical role of local donors in African development has become more widely acknowledged. While international aid and foreign donations have traditionally dominated the scene, Africa is beginning to build a strong community of local contributors.

30 August 2024 - They also want involvement in all phases of project development to avert infrastructure failures.

30 August 2024 - The platform's algorithm is developed to maintain user engagement.

30 August 2024 - Sunil Kaushal, the new Co-Head for Corporate and Investment Banking at Standard Chartered, has been with the group since 1998 and in the banking business for the last 36 years. In a chat with us in February this year, when he was Regional CEO for…

30 August 2024 - Topline Managing the early stages of medication abortion care at home later in pregnancy is safe and cuts down time spent in hospital, according to new research published on Thursday, which researchers say could boost access to the procedure as…

30 August 2024 - Two Kenyan students have emerged victorious in a prestigious global competition organised by the National Aeronautics and Space Administration (NASA).

30 August 2024 - AUG 30 – Kenya’s Equity Bank has been ranked as the best bank for small and medium enterprises (SMEs) in the country for the second year in a row in the 2024 Euro Money Awards. The regional lender also emerged as the best for corporate responsibility…

30 August 2024 - The alcoholic beverages, tobacco and narcotics year on year index rose by 8.2 per cent.

30 August 2024 - NAIROBI, Kenya, Aug 30 – Lake Turkana Wind Power generated 1,481 gigawatt-hours of clean energy last year that was injected into the national grid. This output accounted for 11.04 percent of the country’s total electricity generation, according to…

30 August 2024 - AUG 30 – Full-time workers’ rights to ask for a four-day working week could be strengthened under government plans to increase flexible working. Employees would still have to work their full hours to receive their full pay but could request to…

30 August 2024 - NAIROBI, Kenya, Aug 30 – Old Mutual Holdings has announced a Sh327 million profit after tax in the six months ending June 30, 2024, an improvement from a Sh195 million loss during a similar period last year. The firm attributes profitability to a…

30 August 2024 - Leadership lessons from Imtiaz Patel, the man who began by teaching accountancy and playing cricket in apartheid South Africa, going on to help transform the gountry’s sports and entertainment Landscape. It was 1988, the year London’s Wembley Stadium…

30 August 2024 - Abdul Samad Rabiu, Chairman of BUA Cement, has disclosed that the company’s initial plan to reduce cement prices to ₦3,500 per bag was thwarted by greedy middlemen, or ‘dealers.’

30 August 2024 - In Kenya, the value of IoT is expected to hit Sh87 billion this year.

30 August 2024 - Kenyans may have to spend more money on sugar and its by-products after the the Agriculture and Food Authority (AFA) announced changes that will see a double increase in the cost of importation for traders. 

30 August 2024 - The six-month period marked historically high fuel prices, forcing some motorists to cut back on consumption.

30 August 2024 - Between 2000 and 2023, the percentage of adults in the wealth band, below USD 10,000, which is classified as the lowest class, nearly halved.

30 August 2024 - The investment income growth was fueled by interest and dividend income rising 34 percent to Sh9.1 billion.

30 August 2024 - By Amogh Wadwalka AUG 30 – Healthy societies lead to thriving  economies. A salient lesson from the Coronavirus pandemic is that threats to human health can lead to global economic stagnation. The days of lockdowns and social distancing now feel…

30 August 2024 - Uganda’s alcohol market is experiencing a paradigm shift driven by some dynamic market forces. As a result, brewers offering their products to the country are scratching their heads in search of solutions to mitigate the problem.

30 August 2024 - NAIROBI, Kenya, Aug 30 – President William Ruto yesterday disclosed that Treasury is looking to raise revenue through other sources after the suspension of the Finance Bill 2024. The head of state was speaking at the Town Hall meeting in Kisumu,…

30 August 2024 - Old Mutual Holdings Plc has announced a Sh249 million net profit in the half-year period to June 2024.

30 August 2024 - Ghana has signed an agreement with a U.S. developer to advance the country's first nuclear power plant.

30 August 2024 - MOSCOW, Aug. 30 (Xinhua) — Pavel Popov, a former Russian deputy defense minister, has been arrested on charges of large-scale fraud and is being held in a pre-trial detention center, the TASS news agency reported on Thursday. The report said a…

30 August 2024 - This was achieved through freezing allowances, salary structures and expenditures. However, the wage bill has increased and is expected to grow further.

30 August 2024 - AUG 30 – X, formerly known as Twitter, has said it expects to be blocked in Brazil after failing to meet a deadline to name a new legal representative for the company. The social media network closed its office in the country earlier this month,…

30 August 2024 - Bamburi's board has issued a notice of a virtual extraordinary general meeting (EGM) for shareholders to approve the payout.

30 August 2024 - NEW YORK, Aug. 30 (Xinhua) — U.S. stocks ended mixed on Thursday, as Wall Street gave a lukewarm response to Nvidia’s latest results, despite the chipmaker’s impressive growth streak, which has been a key driver of this year’s market rally. The Dow…

30 August 2024 - NAIROBI, Kenya, Aug 30 – Insurer and financial service provider Britam has announced a Sh370.8 million profit after tax rise to Sh2 billion in the six months to June this year, up from Sh1.64 billion during a similar period last year. The improved…

30 August 2024 - CARACAS, Aug. 30 (Xinhua) — Venezuela’s economy grew by 8.78 percent in the second quarter of 2024, reaffirming a positive trend that has seen 13 quarters in a row of economic growth, Venezuela’s Central Bank BCV said Thursday. “Gross domestic…

30 August 2024 - NAIROBI, Kenya, Aug 30 – Treasury is on the lookout for a new head to lead its Resource Mobilization Department, a key division tasked with managing the country’s debt and coordinating financial relations with both domestic and international partners…

30 August 2024 - Employment of unnecessary staff has constituted a key driver of the public wage bill, SRC says.

30 August 2024 - The talks are headed into the final stretch with next round set for September.

30 August 2024 - Hundreds of  traders have thronged social media platforms to share their tribulations.

29 August 2024 - The diamond, discovered using Lucara’s Mega Diamond Recovery (MDR) X-ray Transmission (XRT) technology, is the second-largest ever found, following the 3,106-carat Cullinan Diamond from South Africa in 1905. Diamond exploration and mining company…

29 August 2024 - The State lifted caps on wholesale prices of fuel prices about two years following introduction of subsidy on pump prices to deal with public anger owing to runaway prices.

29 August 2024 - Study participants experienced less burnout and expressed a lower desire to leave their jobs.

29 August 2024 - The 10 listed Kenyan banks collectively reported a 27 percent or Sh25.2 billion rise in net profit to Sh119.82 billion in the six months to June, their respective financial filings show.

29 August 2024 - President William Ruto has revealed that the old university funding model almost crippled most public universities. Through the old model, which entailed a differentiated unit cost (DUC) model, students received equal capitation from the government.…

29 August 2024 - The ongoing post-Malabo discussions are leading up to the Kampala Declaration slated for approval in January 2025.

29 August 2024 - Allan Kilavuka gets another chance to steer Kenya Airways into profitability

29 August 2024 - The wage bill has grown by Sh300.9 billion during the six years.

29 August 2024 - Expectations for Kenya’s economy should shape our decisions today - and so shape the future.

29 August 2024 - Bamba is a cliche. To mean it’s what food writers would describe - rightfully- as a “hidden gem”.

29 August 2024 - When you see dodgy dealings such as the current case at the NSSF, does it surprise that the EABX has faced stiff resistance from sections of market players.

29 August 2024 - Treasury data shows the rental income for the year ended June exceeded the Sh6.47 billion estimates by 45.83 percent, or nearly Sh2.97 billion.

29 August 2024 - Tanzania has been quick in embracing modern electric driven SGR and a modernised Dar port.

29 August 2024 - Shirlene started playing the violin at the age of 8.