Business

04 July 2024 - Over the past three years, the nationwide crackdown on illegal LPG refilling plants by the state agency has recovered 26,000 cylinders.

04 July 2024 - Auditor General Nancy Gathungu has raised concern over investments by Kenya Re in prime land worth nearly Sh1 billion, which is not bringing any returns.

04 July 2024 - Sugarcane growers from Nyando and Kericho sugar belts say it will turn around their fortunes.

04 July 2024 - TOPLINE Lettuce and eggs have seen the highest price increases among all food and drink items through the start of 2024, according to the latest six-month data from the Bureau of Labor Statistics, while citrus fruits have plummeted in price after…

04 July 2024 - NAIROBI, Kenya, July 4 – APA Insurance joined hands with Hollard Health, a South African insurer, to unveil an international medical cover targeting individuals, families, SME’s, and corporations. The plan covers Africa, India, Europe, and other…

04 July 2024 - The program aims to foster a strong digital leadership and skilled ICT workforce, build a digital talent pool and promote digital literacy among citizens.

04 July 2024 - COLOMBO, July 4 (Xinhua) — Sri Lanka has successfully concluded discussions on restructuring international sovereign bonds worth 12.5 billion U.S. dollars out of the total external debt of 37 billion U.S. dollars, a state minister said on Thursday. In…

04 July 2024 - NAIROBI, Kenya, July 4 – African Trade and Investment Development Insurance (ATIDI), a pan-African insurance company, saw its net profit grow by 204 percent to Sh8.9 billion in the twelve months to December last year. This was an improvement from a…

04 July 2024 - NAIROBI, July 4 (Xinhua) — The volume of Kenya’s tea exports went up 19 percent in the first quarter of 2024, boosted by increased shipment to key markets, the Tea Board of Kenya (TBK) said Wednesday. The exports rose to 155.8 million kg, up from 131.1…

04 July 2024 - JULY 4 – Colleges in the United States are struggling financially, so much so that about one college is shutting its door every week on average this year, an analysis found. On June 10, the board of trustees at Pittsburgh Technical College, or PTC,…

04 July 2024 - JULY 4 – Amazon founder Jeff Bezos says he will sell another 25 million shares in the technology giant, worth nearly $5bn (£3.9bn). It comes after the company’s stock market value hit a record high on Wednesday. In February, he announced that he would…

04 July 2024 - NAIROBI, Kenya, July 4 – The Kenya Ports Authority (KPA) has announced the arrival of the first consignment of directly imported Ugandan fuel in the Port of Mombasa. The consignment was received yesterday at the new Kipevu Oil Terminal by the Principal…

04 July 2024 - According to the Nigerian Customs Service, importation of cars dropped by an alarming 45%. This is due to the economic hardship plaguing the country, particularly with its foreign exchange rate. Adewale Adeniyi, Comptroller General of the Nigeria…

04 July 2024 - By Victoria Goro The film and television industry is an exciting one, full of opportunities, rapid innovation and constantly shifting collaboration networks. However, the same factors that make the sector so attractive, also make it hard for film and…

04 July 2024 - JULY 4 – Thursday, 4 July 2024:  On 7 July, the world will celebrate World Kiswahili Language Day, recognizing the global importance of Kiswahili in uniting communities across Africa. TikTok, known for inspiring creativity and spreading joy, has become…

04 July 2024 - As Uganda inches closer to becoming an oil-producing nation, activities related to the oil sector have begun to pick up steam. The taxation of oil and associated goods is one such activity. According to a recent report by Accountant General Lawrence…

04 July 2024 - ACCRA, July 3 (Xinhua) — The Ghanaian government has vowed to restore confidence in the economy by implementing the economic reforms that started in May last year with support from the International Monetary Fund (IMF). Minister of State at the Finance…

04 July 2024 - NAIROBI, Kenya, July 4 – Finlays Tea Company has called out for the removal of the Director of Toror Tea Factory, a KTDA factory, John Chebochok, following allegations of sexual harassment against women. In a letter directed to the Kenya Tea…

04 July 2024 - The new tax came into effect this month as a result of Kenya's application of East African community common external Tariff to raise import duty.

04 July 2024 - Lenders reap big from high interest rates charged on loans and increased borrowing.

04 July 2024 - Lenders reap big from high interest rates charged on loans and increased borrowing.

04 July 2024 - A nationwide clampdown on illegal cooking gas refilling plants has recovered 26,000 cylinders in the past three years that compliant brand owners blame for losses of Ksh1.2 billion yearly.

04 July 2024 - Only the banking sector recorded faster growth in the first quarter of 2024.

04 July 2024 - The university scored highly in three categories, including research, the number of students graduating in health-related fields, and collaboration with health services.

04 July 2024 - The firms said the scheme would be available on the HealthMove wellness app, which allows members to scan and manage their packages.

04 July 2024 - Dispute arose after the university notified Kenyan Alliance Insurance, through a letter dated May 2, 2024, that it was the successful tenderer with its tender price of Sh17,698,987.

04 July 2024 - Over the past decade, breaches in Kenya totalled 2.2 million with 4,035 incidents occurring per 100,000 people.

04 July 2024 - Africa remained the largest market, accounting for 38.3 per cent of export earnings.

04 July 2024 - This adds to demurrage which increases freight costs and final commodity prices.

04 July 2024 - Chief Justice Martha Koome said in a statement that the circular from the Treasury limits expenditure to only critical and essential services.

04 July 2024 - Mr Chebochok was elected director of the Tegat/Toror tea factories (Ainamoi zone) in Kericho County.

04 July 2024 - June 28, 2024, marked watershed events for administrative law. Two separate judgements delivered on the same day by the supreme courts of Kenya and the US dealt with major repercussions in how...

04 July 2024 - The Auditor-General says of the Sh18.2 billion worth of assets the authority reported at the end of June 2023, it can only provide valid ownership papers for 41 percent of them, valued at Sh7.5...

04 July 2024 - When you make a management decision do you trust your intuition, or do you rely on the data, the equivalent of empirical observations?

04 July 2024 - Tourism is one of Kenya’s leading foreign exchange earners, generating many formal and informal jobs.

04 July 2024 - Leaders end up with a day filled with distractions, pulling them in different directions without a clear focus.

04 July 2024 - The biggest drivers of mobile money adoption in Africa is its accessibility and ease of use.

04 July 2024 - Besides the new tax, locally, there are four other taxes imposed on imported crude palm oil.

04 July 2024 - In Kenya, counties often face a shortfall in self-generated income, exposing them to uncertainty when they are forced to depend on the national government for allocation of revenue.

04 July 2024 - The retail sector guru says that Jaza’s strategy revolves around three key pillars; keeping margins as low as possible with less focus on short term profits.

04 July 2024 - High Court judge Nixon Sifuna upheld the sentence imposed on Francis Zuriels Moturi, stating that the sentence was proper given the seriousness of the offence.

04 July 2024 - Core inflation has not been under three percent since June of 2022 when it settled at 2.89 percent.

04 July 2024 - The power utility yesterday expressed optimism that it will net all the targeted prepaid customers by the deadline set for August 31.

04 July 2024 - Disclosures by SRC show that some Sh29.68 billion in salary increments, benefits, and allowances was approved in the period.

04 July 2024 - The retail sector guru says that Jaza’s strategy revolves around three key pillars; keeping margins as low as possible with less focus on short term profits.

04 July 2024 - From this month, reporting by the national government will shift to accrual basis accounting from the cash-basis, which has been in place for the last nine years.

04 July 2024 - Rescheduling of the AGM has also affected appointment of new directors to the BOC’s board, including a kin to the company’s former chairman Ngugi Kiuna.

04 July 2024 - In the three years Eco-Dudu has been in business, they have harvested approximately 100,000 crickets.

04 July 2024 - By the end of May 2024, the Treasury had only released Sh35 billion of the Sh88 billion budgeted for roads in June last year, just as the government slashed funding for hundreds of roads.

04 July 2024 - To lift many from poverty and become competitive in the age of artificial intelligence (AI), we need to understand how emerging tools can enhance competitiveness.