Business

10 September 2024 - By Dr. Priscilla Njako SEP 10 – A discussion I was part of some weeks ago got me thinking. The conversation centered on the appropriateness, or otherwise, of legislation existing in the absence of a documented public policy. The debate closed with…

10 September 2024 - Absa Bank Kenya has revealed major milestones in its sustainability strategy, an initiative started in 2018 with the aim of enhancing sustainable development and responsible banking practices.

10 September 2024 - Jill Industries now recycles between 120 and 150 tonnes of plastic waste every month, and as Bhudia says, their aim is to increase that capacity to 300 tonnes per month.

10 September 2024 - Volkswagen is considering closing factories in Germany for the first time, in a move that shows the mounting price pressure Europe's top carmaker faces from Asian rivals.

10 September 2024 - The former head of Rockwell Collins is ‘so competitive it’s scary’ says one industry insider, with a reputation for building a positive corporate culture and treating employees well. Wall Street wanted an outsider with engineering and…

10 September 2024 - High Court issues order prohibiting proposed lease of Jomo Kenyatta International Airport to Adani for 30 years.

10 September 2024 - A Kenyan court has temporarily halted the government's plan to grant India's Adani Airport Holdings Ltd. a 30-year contract to operate the country's main airport, pending a final ruling.

10 September 2024 - The newest entrants to the workforce, prioritise innovation and mental health.

10 September 2024 - NAIROBI, Kenya, September 10 – The Institution of Engineers of Kenya (IEK has called out for more transparency and inclusivity on the proposed lease of the Jomo Kenyatta International Airport (Jkia) to the Adani Airport Holdings Limited. In a…

10 September 2024 - CANBERRA, Sept. 10 (Xinhua) — Australia’s Prime Minister Anthony Albanese has announced a plan to ban children from using social media. The prime minister stated on Tuesday that the government will introduce legislation in 2024 to enforce a…

10 September 2024 - NAIROBI, Kenya, Sep 10 – The National Aids and STIs Control Programme (NASCOP) has revealed that at least 140 health facilities across the country have been selected to tend to the accelerating number of advanced HIV patients. Speaking in Machakos…

10 September 2024 - The shortcoming Uganda faces as a result of corruption was recently highlighted by a significant monetary loss the country recorded.

10 September 2024 - Lands Cabinet Secretary Alice Wahome has directed the Board of Registration for Architects and Quantity Surveyors (BORAQS) to rein in on quacks in the construction industry.

10 September 2024 - NAIROBI, Sept. 10 (Xinhua) – Kenya on Monday called on East African governments to ramp up investments in national cybersecurity strategies to safeguard savings and credit cooperatives (SACCOs) from escalating cyber threats. Cabinet Secretary for…

10 September 2024 - SEP 10 – The EU faces an “existential challenge” unless it vastly increases investment and reforms its industrial policy, a report ordered by the European Commission has warned. The wide-ranging and long-awaited review, which was led by former…

10 September 2024 - Namibia’s state-owned utility, NamPower, has inked a deal with two Chinese companies to begin construction of the country's largest solar power plant.

10 September 2024 - Currently, Starlink offers a competitive 50 gigabytes data package in Kenya priced at Sh1,300. Safaricom is lobbying the regulator to block foreign satellite internet providers (ISPs). 

10 September 2024 - Nigeria’s Department of State Services (DSS) has reportedly released the president of the Nigeria Labour Congress (NLC) Joe Ajaero, on bail. The NLC president was detained at the Nnamdi Azikiwe International Airport in Nigeria's capital city;…

10 September 2024 - In the last week, the country experienced two major power outages, crippling not just businesses and households but essential services providers such as hospitals.

10 September 2024 - Chinese investors are gearing up to establish manufacturing industries worth billions of shillings in Kenya and other African countries.

10 September 2024 - Pressure is mounting on commercial banks to reduce loan rates following a recent cut in the Central Bank Rate (CBR), Equity Bank among the first to respond.

09 September 2024 - Billionaire businessman Joel Kibe accuses the company of trampling on the rights of minority investors to benefit its majority shareholder Old Mutual East Africa Holdings.

09 September 2024 - Tapping of the emergency funds currently attracts an annual interest of 12.75 percent

09 September 2024 - Filings in EABL’s annual report for 2024 show that UBL has a historical book value of Sh687.65 million.

09 September 2024 - Protesting students call for the scrapping of the controversial funding model.

09 September 2024 - KSAA has sued Mining Cabinet Secretary Hassan Joho over the declaration of the Merchant Shipping Regulations 2024.

09 September 2024 - Some 24 million customers have accessed loans from the fund, while only about two million Kenyans have achieved a high credit rating.

09 September 2024 - KPC currently charges a flat rate of $22 (Sh2,832 at current exchange rates) per kilometre per fibre core.

09 September 2024 - Do You Prefer AIOr The Personal Touch? Some Insights On How Africa’s Hotel Sector Is Set To Welcome A New Era Of Hospitality. Artificial intelligence (AI) is changing the economic landscape and expected to boost global GDP by trillions of dollars…

09 September 2024 - The strong shilling has seen the foreign exchange rate fluctuation adjustment component of power bills cut by 84 percent.

09 September 2024 - Deemed interest might be justified as a measure to prevent tax avoidance in specific scenarios.

09 September 2024 - The information and insights gathered from enforcement of the Competition Act over the past 13 years present an invaluable repository to inform formulation of a strong policy.

09 September 2024 - Low-cost carriers cannot only transform the airline industry but also impact tourism, local and regional development.

09 September 2024 - Mbadi revealed that the government plans to reduce the value added tax (VAT) on goods and services to 14 percent from 16 percent.

09 September 2024 - The age of an aircraft, measured from its first flight, represents the median number of years the aircraft in an airline's fleet has been in service. Somalia has the oldest average aircraft age in Africa, clocking in at 33.9 years.

09 September 2024 - Lawmakers want the documents tabled before a scheduled meeting with CBK Governor Kamau Thugge.

09 September 2024 - The recruitment of new real estate owners helped Times Towers add 46,126 monthly rental income tax obligations into its system.

09 September 2024 - So far, Fight Night: The Million Dollar Heist is shaping up to be a great crime drama, perhaps one of the best of the year.

09 September 2024 - An exit plan for the founders at the appropriate age with a financial fallback is likely to give the business new impetus for growth .

09 September 2024 - A cheap medical insurance plan should never be the end goal.

09 September 2024 - Whether farming is done for subsistence or commercial reasons it should make business sense if it is to be sustainable.

09 September 2024 - Some countries have more online presence due to factors like cheaper data, more advanced infrastructure, lightning fast internet speed, a better internet adoption rate as well as a strong economic standing.

09 September 2024 - Pascal attributes his love of farming to his father, who has always been a farmer.

09 September 2024 - NAIROBI, Kenya, Sep 9 – Getting to Eburru is a hustle. The small town, 34 km away from Naivasha town, is settled on a mountain, 2 856 m above sea level. Early on your ascend, dusty roads, bushes, rocks, and the harsh breath similar to that of a…

09 September 2024 - Kenya faces a very substantial budget deficit in the fiscal year leading up to June 2025. This deficit partly results from the deadly anti-tax protest that erupted in the country in June.

09 September 2024 - A Kenya gazette dated September 6, 2024 had many innocuous announcements to make, with one standing out; the notice by the Registrar of Companies, Joyce Koech.

09 September 2024 - “We need to boost security and clearly communicate our preparedness to handle any threats."

09 September 2024 - Happiness is more than just an emotion; it is an important measure of a society's overall well-being. In several African countries where economic issues, environmental concerns, and social disparities frequently dominate public debate, achieving…

09 September 2024 - Sector players have also called on CS Joho to hold stakeholder meeting.

09 September 2024 - Ally Kibao, a senior politician and member of the secretariat of the Chadema party, was found dead on the outskirts of Dar es Salaam after he was abducted by armed men on Friday.