Business

26 August 2024 - Kenya Roads Board awarded a service contract to Vickers Security Limited for being the only company to comply with minimum wage law.

26 August 2024 - Kenya Airways search for a new strategic equity investor drags on, missing set deadlines.

26 August 2024 - COLOMBO, Aug. 26 (Xinhua) — Sri Lanka’s Hambantota International Port (HIP) has recorded a substantial increase in its operational volumes, achieving a 40 percent growth so far in 2024, Hambantota International Port Group (HIPG) said in a press…

26 August 2024 - NAIROBI, Kenya, Aug 26 – Seven in 10 Kenyan (70 percent) digital credit borrowers will be able to repay their loans in time despite tough economic challenges, a new report shows. The latest customer barometer survey by Tala, however, reveals that…

26 August 2024 - AUG 26 – The ride-hailing app Uber has been hit with a €290m (£246m; $324m) fine for transferring the personal data of European drivers to US servers in violation of EU rules, the Dutch data protection regulator said on Monday. The Dutch Data…

26 August 2024 - Kenyan banks in fellow East African country; Tanzania, for the half year ending June 2024, collectively recorded significant revenue growth.

26 August 2024 - LTE technology is used by phone carriers to deliver wireless data to a consumer’s phone.

26 August 2024 - US Federal Reserve gave its clearest signal yet of an interest rate cut next month.

26 August 2024 - MOSCOW, Aug. 26 (Xinhua) — Russia’s Gross Domestic Product grew by 4.6 percent in the first half of 2024, Russian President Vladimir Putin said Monday. During a videoconferencing meeting on economic issues, Putin said the Russian economy “as in the…

26 August 2024 - NAIROBI, Kenya, Aug 26 – A Kenyan citizen has threatened to take legal action against the Health Ministry within 14 days should it fail to address issues raised on the Social Health Insurance Fund (SHIF). Mutua Mutuku, through her lawyers, raised…

26 August 2024 - NAIROBI, Kenya Aug 26 – Data center company iColo has expanded its renewable energy initiatives by commissioning over 650 kilowatts (kW) of new solar installations at its two data centers in Nairobi and Mombasa. Ranjith Cherickel, Founder and Chief…

26 August 2024 - NAIROBI, Kenya Aug 26 – Digital insurance platform mTek has inked a new deal with UzaPoint to enable Small and Medium Enterprises (SMEs) access fully digital insurance products. The partnership will empower UzaPoint, a resource planning tool for…

26 August 2024 - The time to plan for the sudden influx of aged and dated solar materials is now– Africa can’t afford to become a toxic dumping ground for the e-waste detritus left behind by solar. Over the past few years, Africa’s corporates and consumers went solar…

26 August 2024 - By mid-2030s, Africa's top 100 city economies will be home to nearly 400 million people, about 21% of the continent's population. These cities will generate over 60% of Africa's GDP.

26 August 2024 - The eastern authorities said the "force majeure" applies to all oil fields, terminals, and facilities.

26 August 2024 - Africa is set to receive 100,000 doses of the Monkey Pox (mpox) vaccines from Germany. Germany has committed to donating the vaccines from its military stocks. Last week, France made a similar commitment, alongside Austria.

26 August 2024 - NCBA chief executive John Gachora says the search for better returns has slowed the growth of demand deposits.

26 August 2024 - It paid the Kenyan government $6.77 million (Sh872.5 million) in the financial year ended June.

26 August 2024 - To have a monthly processing capacity one million kilogrammes of potatoes.

26 August 2024 - Ride-hailing service platform Bolt on Monday announced a 10 per cent fare increase in Kenya to address driver earning concerns.

26 August 2024 - NAIROBI, Kenya, Aug 26 – Absa Bank has reported a 29 percent increase in profit after tax, reaching Sh10.7 billion in the first half of 2024, compared to the same period last year. The lender attributes the growth to revenue generation across all its…

26 August 2024 - AUG 26 – In a move that could further strain China-US relations and potentially hamper technological advancement, the United States government is expected to impose new restrictions on the use of Chinese-made software in autonomous vehicles. The…

26 August 2024 - Absa Bank Kenya has retained its interim dividend at 20 cents per share as half-year net profit rose to Sh10.7 billion.

26 August 2024 - They can be supported to invest in EVs charging infrastructure across the country.

26 August 2024 - Buyers have expressed concern over the shrinking size of Kenya’s coffee production relative to the country’s output.

26 August 2024 - The Director General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, recently spoke about the problems her home country Nigeria is facing. In a conference with the vice-president of the country present, she emphasized how political games…

26 August 2024 - The increase is similar rate to Uber that last week also announced the rise in base fares.

26 August 2024 - NAIROBI, Kenya, Aug 26 – Treasury Cabinet Secretary John Mbadi now says there is money available to employ Junior Secondary School (JSS) teachers on permanent and pensionable terms. In what appeared to be a U-turn from his previous statement where he…

26 August 2024 - AUG 26 – Fish and chips is a British family favourite equally enjoyed around the table on a Friday night or out of the paper on an often overcast beach. But the deep fried delicacy has seen the biggest price increase of some of the UK’s most popular…

26 August 2024 - Coaching programs that rely on artificial intelligence are cheap, accessible and increasingly popular for practicing tough workplace conversations or getting tips for negotiating a raise. But privacy questions and skepticism over the quality of non-…

26 August 2024 - PARIS, Aug. 26 (Xinhua) — After the arrest of the Telegram chief executive officer (CEO), the owner of the U.S. social media platform X Elon Musk, and former U.S. National Security Agency contractor Edward Snowden both condemned this arrest and…

26 August 2024 - NAIROBI, Kenya, Aug 26 – Ride-hailing platform Bolt has increased earnings for drivers by 10 percent to cushion them from rising operational costs. The Estonian-based firm said that the hike will apply across all its ride categories. For example,…

26 August 2024 - It identifies, targets, and measures the effectiveness of communication programmes.

26 August 2024 - This was after a 22.4 per cent increase in bad loans to Sh39.4 billion

26 August 2024 - For years, foreign companies operating in Ethiopia have struggled to repatriate profits in the wake of hard currency shortages.

26 August 2024 - The two groups are top investors in Amaziah DMW development in Muthiga.

26 August 2024 - AUG 26 – A “right to disconnect” rule has come into effect in Australia, offering relief to people who feel forced to take calls or read messages from employers after they finish their day’s work. The new law allows employees to ignore communications…

26 August 2024 - AUG 26 – Messaging app Telegram has said its CEO Pavel Durov, who was detained in France on Saturday, has “nothing to hide”. Mr Durov was arrested at an airport north of Paris under a warrant for offences related to the app, according to officials.…

26 August 2024 - NAIROBI, Kenya, Aug 26 – COMESA Competition Commission has announced that it will launch an investigation on Yamaha Motor following an alleged anti-competitive conduct. In a notice by the CCC director Willard Mwemba, the motor company is believed to…

26 August 2024 - Market data shows the region is leading on certified coffee offered for sale through the NCE.

26 August 2024 - Chinese business think-tank cite easy access to loans, land, industrial park as incentivizing trade

26 August 2024 - Over the past month, the ride-hailing industry in Kenya has been marked by unrest

26 August 2024 - The country also recorded an increase in volume of formally marketed milk to 810 million litres from 755 million litres

26 August 2024 - Kenya shilling turned the corner in early February to rally against the US dollar.

26 August 2024 - Kenya must address its tax and fiscal policies to create a more predictable and stable environment for businesses.

25 August 2024 - In the audit for the year to June 2023, Ms Nancy Gathungu notes that the reported employee wages did not reflect in the county’s salary bank account.

25 August 2024 - For commercial international banks in Nigeria, the minimum capital requirement has been bumped up from the initial 50.0 billion naira (Sh4.1 billion) to the new requirement of 500 billion naira...

25 August 2024 - Kenya should diversify its export base by exploring new sectors such as manufacturing and services to reduce dependence on a few commodities.

25 August 2024 - Survivors of trauma often face vivid, intrusive flashbacks, as if their mind is stuck in a horror movie that keeps replaying.

25 August 2024 - The advent of generative AI (Gen AI) has been a milestone in the evolution of AI-driven technologies.