28 July 2023
- Worldcoin is a new project by OpenAI CEO Sam Altman where users are required to provide their iris scans in exchange for a digital identification and free cryptocurrency.
28 July 2023
- EABL, known for its flagship Tusker beer, saw its net earnings decline 20.8 per cent to Sh12.3 billion in the full-year period to June this year from Sh15.5 billion booked in a similar period in 2022.
28 July 2023
- Kenya’s Court of Appeal has put aside orders suspending the implementation of the Finance Act 2023. This gives the Kenya Revenue Authority (KRA) the go-ahead to start implementing the taxes within the Act that were due for the month of July. KRA had…
28 July 2023
- NAIROBI, Kenya, July 28 – Tatu City and emergency health service provider AAR have partnered to offer emergency health services to residents of Tatu City. AAR will now offer onsite ambulance services on a 24-hour basis to Tatu residents, businesses,…
28 July 2023
- LONDON, United Kingdom, July 28 – The yen fluctuated Friday after Japan’s central bank tweaked its ultra-loose monetary policy, while stocks markets traded mixed after forecast-beating US data revived concerns the Federal Reserve could hike interest…
28 July 2023
- NAIROBI, Kenya, July 28 – East African Breweries Limited’s (EABL’s) profit after tax dropped by 12 percent to Sh12 billion in the full year ending June this year on the back of rising taxes, inputs, and currency depreciation. Its Kenyan unit…
28 July 2023
- Safaricom shareholders have approved a final dividend of Ksh0.62 per ordinary share with the dividend payout amounting to Ksh24.84 billion.
28 July 2023
- Safaricom shareholders have approved two new subsidiaries, one dedicated to investing in seed-stage and another in growth-stage start-ups.
28 July 2023
- As a business owner, you will inevitably face moments of doubt and insecurity. Entrepreneurship inherently carries risks, so paying attention to your instincts is essential when you sense things might be wrong. Don't dismiss those feelings, but refrain…
28 July 2023
- The Kenyan shilling is still being clobbered by the US Dollar. After the Central Bank of Kenya (CBK) announced that it will no longer intervene to stabilize the shilling, the local currency seems to have embarked on a free-fall, hitting its lowest on…
28 July 2023
- The rather interesting information that the 2023 calendar is the same as that of 1995 has stirred excitement among some Kenyans on Facebook.
28 July 2023
- One mistake you should avoid when saving for your December holiday (or any other goal) is to treat it like an afterthought. People often save money at the end of the month, i.e., what they are left with after all expenses. What you should do instead is…
28 July 2023
- In a move that is likely to change how customers bank, Absa Bank Kenya has announced its bold decision to abolish all transactional notification charges and fees for e-statements and SMSs. Picture this: You make a transaction, and just as you’re about…
28 July 2023
- Regret is a common emotion, but it is also avoidable. Regret can have many negative effects, including causing anxiety, depression, and poor self-esteem. All this can lead to people making decisions not in their best interests.
28 July 2023
- The East Africa Breweries Plc (EABL) slashed by half its payout to shareholders from Ksh.11 to Ksh.5.50 per share on drop in earnings to Ksh.12.3 billion, the listed company has said in its audited financial statement.
28 July 2023
- NAIROBI, Kenya, July 28 – PR firm Ogilvy Africa has appointed Cathy Gathu to be the new Managing Partner as of August 1. Gathu, who will report to Vikas Mehta, the firm’s Sub-Saharan Africa Chief Executive Officer, She has more than 20 years’…
28 July 2023
- NAIROBI, Kenya, July 28 – Centum Investment Company Plc will pay shareholders Sh400 million in the full year ending March this year on profit growth. The payout is an increase from the Sh391 million that was paid last year during a similar period. In…
28 July 2023
- To function properly, the human body requires several minerals in addition to the proteins, carbohydrates, and fats that are frequently discussed. The list of minerals helps the body perform essential functions such as influencing nerve function,…
28 July 2023
- LOS ANGELES, United States, July 28 – This year’s Emmy Awards will be postponed due to the ongoing Hollywood strikes, US media reported Thursday. Television’s equivalent of the Oscars was scheduled to take place in September, but could be pushed as far…
28 July 2023
- NAIROBI, Kenya, July 28 – The cost of refilling a 13-kilogram cooking gas tank has dropped by up to Sh400 after the Government removed taxes on the product. A spot-check by Capital Business at various fuel stations in Nairobi’s Central Business…
28 July 2023
- The Kenya National Union of Teachers, KNUT, Secretary-General Collins Oyuu is seeking clarification from the Salaries and Remuneration Commission (SRC) regarding the unexpected reduction of teachers’ salaries in July 2023, rather than the anticipated…
28 July 2023
- As managing climate change becomes more urgent, it is increasingly important for governments to explore innovative ways to incentivise sustainable practices.
28 July 2023
- Medic East Africa in partnership with The Kenya Healthcare Federation, held an interactive engagement event with professionals and stakeholders in the healthcare industry on Tuesday 25th July. The event had representation from the Government, private,…
28 July 2023
- There is no perfect marriage. That is a fact. And there is no one who has a monopoly on defining what a perfect marriage is. Even those powerful marriage advisors, in suits, great clothes, and talking like Martin Luther King have their great share of…
28 July 2023
- The half-year 2023 KYC Report shows that Biometric verification is emerging as a powerful tool in combating fraud, reducing fraudulent users by a staggering 50%, and keeping off identity thieves.
28 July 2023
- Attendees at the just-concluded Women Deliver 2023 Conference in Kigali exchanged ideas and experiences through thought-provoking discussions that set the stage for the unveiling of new and transformative policy frameworks supporting women’s rights and…
28 July 2023
- ADDIS ABABA, Ethiopia, July 28 – Ethiopian Airlines successfully weathered the Covid pandemic by shifting its strategy, but Africa’s only profitable carrier still faces “real challenges” in sourcing parts and staying competitive at a time of inflation…
28 July 2023
- The findings of Africa E-Mobility Alliance report surprised observers on incentives to importers and users of electric vehicles in Tanzania.
28 July 2023
- Faraja, which is expected to disrupt the mobile loans market, is open to Safaricom’s more than 32 million subscribers who can now purchase on credit from businesses using the Lipa na M-Pesa service. Through the service, one can purchase goods and…
28 July 2023
- The last week of July is here marking an end to the seventh month of 2023. As many struggle to keep up with the rising cost of living, the Kenyan workers await with bated breath a crucial ruling from the Court of Appeal. Safaricom has introduced…
28 July 2023
- The government’s new plans to raise taxes to fund its operations are in disarray after a court suspended the implementation of the new Finance Act 2023. Even as the three-judge bench looks into the civil suit, businesses must familiarise themselves…
28 July 2023
- dnata, a leading global air, and travel services provider handled 135,000 tonnes of perishable goods through its advanced cool chain facilities in Dubai in the 12 months up to 31 March 2023. The most popular imported products handled into Dubai…
28 July 2023
- Commonwealth Secretary-General, the Rt Hon Patricia Scotland KC, has emphasised that collaboration is needed more than ever before to build a resilient tourism sector.
28 July 2023
- The Kenya Development Corporation (KDC) has announced the appointment of Dr. Sakwa Bunyasi as Chairman of the KDC Board and Ms Norah Buyaki Ratemo as the Director General.
28 July 2023
- Kenya's online infrastructure faced one of the biggest large-scale attacks it has ever experienced on Thursday, July 27 - as key online government services as well as mobile money systems were hit, exposing massive cyber-security vulnerabilities.