27 July 2023
- Treasury proposes changes in planned restructuring to be completed next year. Company is projected to make a Sh5.5 billion losses in the year ended June 2023.
27 July 2023
- The volume of cargo handled at Mombasa Port increased by 3.3 percent between January to June this year compared to a similar period last year, new data shows.
27 July 2023
- Emergency lighting and evacuation planning are perhaps high among the complex issues that building owners and facility managers deal with.
26 July 2023
- Former Prime Minister Raila Odinga, the leader of the opposition coalition Azimio, is expanding his investments in the hospitality sector with the construction of a new luxury resort in Malindi, Kilifi county.
26 July 2023
- State reveals it is experiencing a major technical hitch affecting the processing of payrolls as civil servants and unions threaten to down their tools from next week.
26 July 2023
- This is set to elevate the overall credit share of SMEs from the current 9% to 25% over the next few years. With the goal of reaching CFA3,000 billion ($5 billion) in outstanding loans by 2028, Senegal aims to empower and uplift its small and medium-…
26 July 2023
- NAIROBI, Kenya, July 26 – Absa Bank Kenya has partnered with Samsung to allow its cardholders to purchase electronics through credit. Under the partnership, Absa customers will be able to purchase mobile phones and smartwatches with a repayment period…
26 July 2023
- JOHANNERSBURG, South Africa, July 26 – Barbie dolls are flying off the shelves in South Africa as “Barbie” movie mania has hit the country’s shores, with toy stores seeing a cotton candy-hued boom in sales. The iconic toy, known for its blonde mane,…
26 July 2023
- The Kenya Pension Funds Investment Consortium (KEPFIC) and the Fund Managers Association (FMA) have signed an agreement to share expertise in pursuing diversified investment opportunities for local pension schemes. The Memorandum of Understanding (MOU…
26 July 2023
- PARIS, French, July 26 – French telecoms operator Orange said Wednesday that rising sales in Africa and the Middle East boosted revenues in the first half of the year, helping offset the cost of a French pension reform. Overall revenues edged two…
26 July 2023
- NAIROBI, Kenya, July 26 – Kenyan electric bus startup BasiGo is expanding to Rwanda to roll out eco-friendly public transport systems there. The firm has partnered with AC Mobility, Rwanda’s provider of automated fare collection systems for public…
26 July 2023
- She is the proprietor of The Green Experience Restaurant located in Lari, Kiambu county. As it names suggests, the restaurant boasts a serene, greenery-filled ambience intended to offer a relaxing experience. It sits on the Kenyattas' tea estate in…
26 July 2023
- NAIROBI, Kenya, July 26 – When investing in the stock market, conducting thorough research and analysis is crucial for potential profitability. This becomes particularly significant while trading shares in Kenya since the Nairobi Securities Exchange…
26 July 2023
- Thami Nkadimeng continues to use her background in communications to make positive change and contribute towards the United Nations’ Sustainable Development Goals. She continues to work with presidents, leaders, executives, corporates and organizations…
26 July 2023
- In a world driven by innovation and opportunity, real wealth is no longer solely accumulated through traditional employment and hourly wages. Instead, the key to unlocking financial prosperity lies in seizing the potential of entrepreneurship and…
26 July 2023
- Glovo, an on-demand delivery platform, has collaborated with the Nairobi City Council to run a mass courier safety training in the city, tagged the Catalyst Project. The project was launched recently at an inaugural training session which held on…
26 July 2023
- LONDON, United Kingdom, July 26 – British pharmaceutical group GlaxoSmithKline on Wednesday said net profit jumped almost 18 percent in the first half thanks to strong sales of vaccines and HIV drugs. Profit after tax increased to £3.1 billion ($4…
26 July 2023
- The sector experienced a drop in value during the first half of the year. According to pre-shipment inspection agents’ reports, a total of 3.94 million metric tons of products worth $2.54 billion were exported from January to June, compared to $2.593…
26 July 2023
- A job advert being shared online promising jobs at the Kenya Ports Authority (KPA) is fake. The advert shared in a Facebook group named Kakamega County Jobs Connection called on applicants to apply for positions such as internal auditors, human…
26 July 2023
- WorldRemit, a digital remittances brand within Zepz, releases its third year of global data and findings, to understand how the cost of school supplies impacts families around the world. As inflation persists and supply chain issues continue to arise…
26 July 2023
- NAIROBI, Kenya, July 26 – New vehicles sold by Isuzu East Africa and Simba Corp dropped in the half-year to June of this year amid tough economic conditions. Data from the Kenya Motor Industry Association (KMIA) shows that sales plunged to 2,503 from 2…
26 July 2023
- LONDON, United Kingdom, July 26 – Shares in Rolls-Royce, the British maker of aircraft engines and other power systems, surged nearly 20 percent Wednesday as a turnaround plan under new leadership delivered far better-than-expected results. Rolls…
26 July 2023
- NAIROBI, Kenya, July 26 – Champagne maker Veuve Clicquot is planning to expand to Kenya amid growing demand for premium products in the country. Its Chief Executive Officer, Jean-Marc Gallot, told Bloomberg TV that it is considering expanding to Kenya…
26 July 2023
- The Budget and Appropriations Committee, BAC, has approved the amendment bill sponsored by Kibwezi West MP Mwengi Mutuse that will see the village elders receive 7,000 Shillings monthly as an allowance. The MP is seeking to remunerate 45,000 elders who…
26 July 2023
- In Nakuru City, a group of motorcycle taxis popularly known as boda-boda riders have come together to start their own Sacco known as the Discovery Community Boda Boda.
26 July 2023
- Mr Shah, the founder of Osho Chemical Industries, now runs a thriving regional firm. His company manufactures, distributes, and markets agrochemical products and farm equipment products
26 July 2023
- KRA has been falling short of collection targets due to alleged insider fraud. Treasury says compliance checks and audits could yield more revenues.
26 July 2023
- Electric bus pioneer, BasiGo, has made a second entry into the African market with the launch of BasiGo Rwanda Ltd., a new entity focused on electrifying the public transport system in Rwanda. BasiGo has partnered with AC Mobility, Rwanda’s leading…
26 July 2023
- As the scarcity of job opportunities looms in Kenya, the burden of debt has trapped students who used money from the Higher Education Loans Board (HELB) to fund their college and university education.
26 July 2023
- Kenyan Technology Company Boya has launched its virtual expense card in partnership with VISA and Diamond Trust Bank – Kenya, which will help businesses to manage payments and expenses with one virtual card solution. The Boya platform is designed to…
26 July 2023
- The Kenya Pension Funds Investment Consortium (KEPFIC) and the Fund Managers Association (FMA) have signed an agreement to share expertise in pursuing diversified investment opportunities for local pension schemes.