28 May 2025
- The Kenya Association of Manufacturers (KAM) is warning of possible power rationing if investments are not made in new power purchase agreements and the construction of new power stations.
28 May 2025
- The United States Mission in Nigeria has issued a security alert to American citizens and expatriates following a suspected bombing near the Mogadishu Barracks in Abuja.
28 May 2025
- NAIROBI, Kenya, May Safaricom has announced a Sh66 billion investment to build artificial intelligence (AI) infrastructure across East Africa over the next three years. The project will focus on upgrading digital infrastructure, forging collaborations…
28 May 2025
- ECOWAS leaders will meet on Wednesday to mark the 50th anniversary of the organization’s founding, where they are likely to address ongoing security concerns in the region, as well as address the implications of trade tariffs and U.S. aid cuts. The…
28 May 2025
- MAY 28 – The Trump administration will direct US federal agencies to review Harvard University’s grants to potentially end or redistribute funding, as part of the White House’s escalating battle with America’s oldest university. The Government Services…
28 May 2025
- NAIROBI, Kenya, May 28 — Kenya’s wealthiest individuals may soon be subject to a higher income tax rate under new reform proposals from the World Bank aimed at enhancing tax equity and boosting government revenues. In its latest Public Finance Review…
28 May 2025
- NAIROBI, Kenya, May 28 — Kenya’s electric mobility drive has received a major boost following a strategic partnership between MojaEV, a leading electric vehicle (EV) distributor, and Green Max Capital Advisors, aimed at easing access to EVs for public…
28 May 2025
- Chinese e-commerce giant PDD Holdings saw net profit almost halve in the first three months of the year as the Temu owner prepared for a blistering trade war between Beijing and Washington.
28 May 2025
- NAIROBI, Kenya, May 28 – The International Consumer Protection and Enforcement Network (ICPEN), comprising over 70 global consumer protection authorities, has issued a joint open letter advising airlines to align their environmental marketing with…
28 May 2025
- MAY 28 – Brazilian prosecutors are suing Chinese electric vehicle (EV) giant BYD and two of its contractors, saying they were responsible for human trafficking and conditions “analogous to slavery” at a factory construction site in the country. The…
28 May 2025
- In 2024, African countries collectively lost tens of millions of euros in non-refundable application fees due to European Union (EU) visa rejections, indicating a growing financial and mobility burden for African travelers.
28 May 2025
- The World Bank now says that Kenya’s debt level is increasingly concerning, with the classification of "high risk of default" only serving to put more pressure on the National Treasury.
28 May 2025
- The tone of Nigeria’s debt conversation in less than a month has pivoted from jubilant to concerned, owing to the intent of President Bola Tinubu to borrow more money, despite recently clearing its IMF debts.
28 May 2025
- Money Market Funds (MMFs) are investments where investors pool their money into a fund and invest in short-term, low-risk securities that range between one day and one year. MMFs are a great investment for small investors as well as large investors.…
28 May 2025
- International students hoping to study in the United States are facing new hurdles as President Donald Trump's administration orders a temporary pause on visa appointments.
28 May 2025
- MAY 28 – Adidas has disclosed it’s been hit by a cyber attack in which customers’ personal information has been stolen. The sportswear giant said criminals had obtained “certain consumer data” which “mainly consists” of the contact information of people…
28 May 2025
- NAIROBI, May 28 (Xinhua) — The World Bank on Tuesday cut Kenya’s 2025 economic growth projection to 4.5 percent from an earlier forecast of about 5 percent, citing higher debt risks and declining private sector credit. In its Kenya Economic Update…
28 May 2025
- MAY 28 – “Does sex sell?” That was the question explored on Friday during the Marketing and its Relationship with Sex panel, organized by the Digital Media Awards. Among the speakers were 3Verse Kenya Lead Strategist Wambui Mwangi, alongside Brian Njagi…
28 May 2025
- Egypt’s economic challenges are seemingly being mitigated per the International Monetary Fund (IMF), as it only needs to widen its tax base to completely recover from one of its worst economic hits in recent history.
28 May 2025
- In this newsletter, we are focusing on the World Bank's recommendations to Kenya, including a carbon tax on fuel, a freeze on all public hiring, changes to PAYE taxes, and why the SHA may collapse. Also read about TSC’s 25,000 teacher promotions and…
27 May 2025
- Imports of tyres have picked up in line with increased shipments of second-hand vehicles, which often require their tyres to be replaced shortly after entry into the country.
27 May 2025
- South African President Cyril Ramaphosa called his White House meeting last week with U.S President Donald Trump a “successful working visit” in an open letter to the nation on Monday. The stakes were high as Ramaphosa, alongside several government…
27 May 2025
- The global lender says low-income workers should be spared the two levies amid an outcry from a large section of the population that feels burdened by new taxes.
27 May 2025
- At Sh4.66 billion, the figure is only dwarfed by the Sh6.99 billion that KQ booked as revenue in the year ended December 2019 before falling to Sh4 billion in 2020.
27 May 2025
- Denying the discrimination, the company urged that it had many female employees whose pregnancies are routinely celebrated as was done when Ms AGW gave birth to twins.
27 May 2025
- The first quarter net profit is equivalent of 62.5 percent of the Sh524.68 million net profit that HF posted in the financial year ended December 2024.
27 May 2025
- Provisional data in the KNBS Economic Survey 2025 shows the volume of cargo railed via SGR last year dropped for the first time since full-year freight services started.
27 May 2025
- Topline The Trump administration has paused interviews of new student visa applicants as it weighs a social media vetting rule, Politico reported—the latest indicator President Donald Trump could be eyeing a broad expansion of his ban on international…
27 May 2025
- The group disclosed Uganda was the fastest growing unit with its profits jumping 138 percent, while Tanzania grew 128 percent, Rwanda recorded 14 percent increase and Mauritius 13 percent.
27 May 2025
- If successful, Mr Manga will be seeking damages for violation amounting to Sh10 million and Sh3 million for alleged profits made by the company for exploiting his image.
27 May 2025
- South African President Cyril Ramaphosa says his plan to boost the economy by launching major construction projects has attracted a record 238 billion rand (about $13.3 billion) in investment.
27 May 2025
- BRUSSELS, May 27 (Xinhua) — Ministers from the European Union (EU) countries on Tuesday approved the creation of a 150-billion-euro (about 170.22 billion U.S. dollars) arms fund, the bloc’s first large-scale defence investment program at EU level, the…
27 May 2025
- NAIROBI, Kenya, May 27 – The National Coffee Cooperative Union (NACCU) has urged the Ministry of Cooperatives, Micro, Small, and Medium Enterprises (MSME) Development to extend implementation of direct payments to coffee farmers pending full…
27 May 2025
- Oil shipping routes are vital arteries of the global energy trade, linking major production centers to key consumption markets worldwide.
27 May 2025
- It was 1849. European power at its zenith. French writer Jean-Baptiste wrote, “The more things change, the more they stay the same.” Deglobalization as a term has gained much currency lately. The mythical era of solidarity and peace has apparently…
