25 July 2023
- He currently works as an investment director at Hesabu Capital, a Nairobi-based Venture Capital (VC) firm that has invested in startups including agritech platform Apollo Agriculture and social entrepreneurship startup Jibu - which enables individuals…
25 July 2023
- WASHINGTON, United States, July 25 – The International Monetary Fund has slightly upgraded its outlook for global growth this year on the back of resilient service sector activity in the first quarter and a strong labor market, the lender said Tuesday…
25 July 2023
- Islamic banks could soon be allowed to fully implement Sharia banking principles without seeking exemptions from the Central Bank of Kenya (CBK).
25 July 2023
- NAIROBI, Kenya, July 25 – Construction of Kenya’s first SME warehouse and logistic park started today at Tatu City in Kiambu County. The project is a partnership between Tatu City Limited, Chandaria Properties, M&T Construction, and Steel…
25 July 2023
- JOHANNESBURG, South Africa, July 25 – A $2.3-billion mining tunnel in South Africa has started to produce its first diamonds, mining giant De Beers said on Tuesday. In 2012, the global firm started digging beneath the country’s largest diamond mine,…
25 July 2023
- Potato farmers from Endarasha and Charity areas in Kieni Constituency, Nyeri County are at their wits' end on how to save their crops as the market pushes them to sell off at throwaway prices.
25 July 2023
- Numbers from the African Development Bank (AfDB) project that Kenya's GDP is expected to grow 5.6 per cent in 2023 and 6.0 in 2024. This is driven by services and household consumption.
25 July 2023
- NAIROBI, Kenya, July 25 – Finance firms in Africa are beginning to recognize the risk that the sector faces from environmental degradation. This is revealed in a new report dubbed ‘Improving the transparency of nature-related risks in Africa’ by the…
25 July 2023
- NAIROBI, Kenya, July 25 – The Ministry of Tourism, Wildlife, and Heritage is planning to map out all tourist attraction sites in the country to reinvigorate the tourism sector. Tourism Principal Secretary John Ololtuaa said that the country is endowed…
25 July 2023
- The food and non-alcoholic beverages sector account for 11.81% of the overall inflation figures. Stakeholders recommend government interventions in critical sectors like agriculture, power, and energy. According to a recent report by the National…
25 July 2023
- Wandile Sihlobo, Chief Economist at the Agricultural Business Chamber of South Africa establishes the importance of the agritech sector and the continent’s role in it, “We have the potential. Now we need to get to the stage where to say, ‘Let’s realize…
25 July 2023
- A new report shows female staff at BAT Kenya earn more than men in most job grpups. Women earn more than men in four of eight job groups and tie in one job category while males have the edge in the other three groups.
25 July 2023
- As organisations have had to navigate various challenges over the past few years, including the Covid-19 pandemic, a talented workforce is key to their success now and in the future. Simultaneously, employees’ expectations and priorities have shifted,…
25 July 2023
- Tatu City Limited, Chandaria Properties, M&T Construction, and Steel Structures have commenced the construction of The Link, Kenya’s first Small and Medium Enterprise (SME) warehousing and logistics park with Special Economic Zone (SEZ) benefits,…
25 July 2023
- At university, Ashly, 24, sold human hair, but then Covid-19 came about and disrupted import channels, opening her eyes to the possibility of own production.
25 July 2023
- Nanyuki law court has sentenced a man to 10 years in prison or a fine of Ksh5 million for vandalizing a customer’s electricity meter board at Riverside estate in Timau town, Meru County.
25 July 2023
- PARIS, France, July 26 – French defence and technology group Thales announced plans Tuesday to acquire US cybersecurity firm Imperva in a deal worth $3.6 billion to create a global leader in the field. Imperva’s customers include 35 percent of Fortune…
25 July 2023
- NAIROBI, Kenya, July 25 – Over 3,000 Boda Boda operators operating in Molo have graduated from a training programme sponsored by OYE Platform Solutions. The initiative is part of the firm’s strategy to reduce road accidents, enhance safety, and induce…
25 July 2023
- NAIROBI, Kenya, July 25 – The education cost for most households in Kenya is 1054.31 percent, or approximately 10 times their average monthly household income. This is according to a report by remittance firm WorldRemit. The research, which was…
25 July 2023
- NAIROBI, Kenya, July 25 – Nanyuki Law Court has jailed a man for 10 years or ordered him to pay a fine of Sh5 million for vandalizing a customer’s electricity meter board at Riverside in Timau Town, Meru County. The accused, Brian Wahome, had been…
25 July 2023
- •Advertising revenue has dropped by half, Mr Musk said this month, as big brands pulled back, wary of changes he has made,
•Research suggests that rebrands can pay off - particularly if a firm is in trouble or wants to change direction
25 July 2023
- Land prices for Nairobi’s 18 suburbs stagnated as general demand slowed down in these areas, declining by 0.1 percent in the quarter but growing 1.2 percent in the year. The areas of Spring Valley, Donholm, Loresho, and Langata sustained the market…
25 July 2023
- HassConsult has unveiled the Hass Property price indices for the second quarter of 2023, with property prices stagnating at a 0.5 percent drop in the quarter resulting in a 1.8 percent drop in the year. Economic uncertainty pegged to rising costs,…
25 July 2023
- At least 60,000 primary school teachers have declined the promotion of teaching in Junior Secondary Schools, JSS. According to the document to the National Assembly Committee on Education dated July 11th, the Teachers Service Commission, TSC, says the…
25 July 2023
- NAIROBI, Kenya, July 25 – Old Mutual East Africa will roll out a new self-service app, allowing customers to access insurance, investments, and savings digitally. On the app, customers will have a single view of their solutions, which they share with…
25 July 2023
- YACHIMATA, Japan, July 25 – Kiyoshi Hashimoto’s machinery factory outside Tokyo should be buzzing with industry. Instead, it’s so quiet you can hear him practising the recorder. The 82-year-old entrepreneur founded his company nearly 40 years ago, but…
25 July 2023
- NCBA has opened its newest branch at Kahawa Sukari, further bolstering its presence in the Kiambu region. This strategic expansion is in line with NCBA’s commitment to enhancing its retail business and providing convenient financial services to…
25 July 2023
- President William Ruto has pardoned former KEMRI boss Davy Koech who was jailed for 6 years in September 2021 for fraudulently obtaining 19.3 million shillings. He was among the 37 individuals pardoned by the President. In 2022, Koech applied for a…
25 July 2023
- The Kenya Revenue Authority (KRA) on Tuesday, March 3, clarified its tax policy regarding worn clothing imports, popularly known as mitumba. The statement came after unverified reports on social media indicated that the authority had raised the levy…
25 July 2023
- TOPLINE Earth’s lowest “gravity hole,” a mysterious depression in the Indian Ocean that experiences less gravity than the rest of the planet, is likely due to plumes of magma under the Earth’s crust, a recent study argues—a conclusion scientists…
25 July 2023
- According to the IMF report, the government has already drafted standby legislation that will introduce excise duties, scrap more VAT exempts on undisclosed goods and services, and introduce the motor vehicle circulation tax, a form of road use tax…
25 July 2023
- LG Electronics East Africa has unveiled its state-of-the-art dryers and dishwashers for the Kenyan market with an aim to revolutionize how Kenyan households manage their laundry and dishwashing needs. This is part of the company’s commitment to enhance…