Business

08 September 2024 - The Kenyan operations of listed banks for instance saw a Sh564 million reduction in loan loss provision in the six months ended June 2024 to Sh34.3 billion, from Sh34.9 billion a year earlier.

08 September 2024 - Only three percent of global climate finance reaches Africa to support mitigation and adaptation efforts.

08 September 2024 - NAIROBI, Kenya, Sept 8 – Over 1000 students from Baraka Oontoyie Secondary School in Kajiado County have benefitted from life skills, financial literacy, and health awareness programs empowered by TAC That Awkward Conversation. According to…

08 September 2024 - DHAKA, Sept. 8 (Xinhua) — The central bank of Bangladesh has lifted a limit on cash withdrawals from banks from Sunday. Bangladesh Bank spokesperson Md Mezbaul Haque made the announcement on Saturday, saying the restriction on cash withdrawals…

08 September 2024 - NAIROBI, Kenya Sept 8 – Kenya’s investment in macadamia nuts has positioned the country as a leading exporter in the region despite regulatory and market challenges in the sector. This is according to the 2024 Africa Agriculture Status Report by…

08 September 2024 - Sudanese officials have refused the interference of the United Nations (UN) in its ongoing conflict, despite the aid to civilians it promises. According to the UN’s Independent International Fact-Finding Mission for the Sudan report released on…

08 September 2024 - The Tax Appeals Tribunal dismissed an appeal by the M-Pesa Foundation Charitable Trust (M-Pesa Foundation), challenging the decision by Kenya Revenue Authority (KRA) to assess and demand payment of Ksh6,487,830 of withholding taxes on the re-…

08 September 2024 - The Tax Appeals Tribunal dismissed an appeal by the M-Pesa Foundation Charitable Trust (M-Pesa Foundation), challenging the decision by Kenya Revenue Authority (KRA) to assess and demand payment of Ksh6,487,830 of withholding taxes on the re-…

08 September 2024 - Phoenix Aviation, Kenya’s premier executive and VIP charter carrier based at Wilson Airport in Nairobi, has expanded its fleet to 13 to boost its tourism and professional medical e********n services across the world.

08 September 2024 - The new university funding model in Kenya no longer relies on direct government funding through HELB.

08 September 2024 - Somalia has warned that corporations recognizing Somaliland as an independent state would be met with some penalty. Tensions between Somalia and Somaliland escalated further when Ethiopia signed an MoU with Somaliland, recognizing the country as…

08 September 2024 - NAIROBI, Kenya, Sep 7 – Absa Bank Kenya has launched a new Corporate and Investment Banking (CIB) ‘Invested in Your Story’ campaign that aims to support clients to recover from post-COVID shock. Through the campaign, the bank will offer financial…

08 September 2024 - SEP 8 – Chinese car giant Chery is weighing up the possibility of building cars in the UK, according to a senior executive. Its UK head Victor Zhang told the BBC it was a “matter of time” before the company made a final decision. He said Chery,…

08 September 2024 - SEP 8 – Adrian Newey is joining Aston Martin on a salary that could rise to £30m, including bonuses and add-ons. That is a lot of money for an engineer – but then Newey is not just any engineer. That money is believed to be more than all the…

08 September 2024 - NAIROBI, Kenya, September 8 – The United States Secretary of State Anthony Blinken has reiterated the importance of paying Kenyan troops participating in the Haiti operation on time. Answering one of the questions in regards to the mission in a…

08 September 2024 - China stopped short of providing the debt relief sought by many African countries this week, but pledged 360 billion yuan ($50.7 billion) over three years in credit lines and investments.

08 September 2024 - 'She is bright. She is an entrepreneur; she helps me manage money. I am a spender and a giver—if it wasn’t for her, I wouldn’t have saved a thing.'

08 September 2024 - Zilpa Auma Ayara said that the employer kept her in the position for six years, forcing her to take an early retirement in January this year.

08 September 2024 - Away from the lawsuits, Mr Kiuna has tended to keep a relatively low profile, preferring to run his business empire quietly.

07 September 2024 - The governments of Ethiopia and Kenya reiterate calls for increased cooperation.

07 September 2024 - Video footage circulating on social media showed students assembled in a designated area of the school while firefighting efforts continued.

07 September 2024 - SpaceX's satellite broadband service, Starlink, has officially launched in Zimbabwe, providing internet access for US$50 per month.

07 September 2024 - Lagos and Accra have been recognized among the world's top 13 nightlife destinations.

07 September 2024 - SEP 7 – Selena Gomez rose to fame as a child star on Barney and the Disney Channel. Her latest role? Billionaire. The 32-year-old actress and singer has amassed a fortune worth $1.3bn, according to Bloomberg, which added the celebrity to its…

07 September 2024 - NAIROBI, Sept. 7 (Xinhua) — Kenya’s avocado exports reached 16,000 tons in the first eight months of 2024, compared to 14,000 tons in 2023, a trade association said on Friday. The growth in exports was attributed to the increasing land under…

07 September 2024 - NAIROBI, Kenya, Sep 7 – Individuals and companies that are passionate about the development of the African continent are invited to submit entries for nomination in various categories of The Year of Return Africa (YORA) Awards 2024. The awards,…

07 September 2024 - The U.S. is working on an economic and security assistance package for Gabon to counter China’s growing influence and prevent it from establishing a military presence in the strategically located Central African countries.

07 September 2024 - Accolades aside, Kenyan actor-and-host-turned-producer, Sarah Hassan seems to see no limit as to what she can achieve. After discovering her love for performing at a very young age, she went on to join the cast of drama, Tahidi High, playing the…

07 September 2024 - WASHINGTON, Sept. 7 (Xinhua) — U.S. export control measures in semiconductor and quantum sectors on the grounds of national security have drawn pushback from industry insiders and observers. The U.S. Commerce Department’s Bureau of Industry and…

07 September 2024 - NAIROBI, Kenya Sept 7 – National Treasury Cabinet Secretary (CS) John Mbadi has inked a new deal with China Development Bank for the construction of 15 rural roads across the country. CS John Mbadi, who accompanied President William Ruto during…

07 September 2024 - If passed, the bill would shift price setting to international markets, potentially leading to price liberalisation.

07 September 2024 - Tea tasting has been a hectic process involving experts with tea tasting skills to determine the quality of the beverage.

07 September 2024 - NAIROBI, Kenya Sep 7 – Phoenix Aviation, Kenya’s premier executive and VIP charter carrier, has expanded its fleet to 13 as it continues to contribute to tourism growth and professional medical evacuation services across the world. The jet was…

07 September 2024 - A major indicator of impactful development is seen when rural communities begin to feel the positive effects of government policies.

07 September 2024 - Banks typically offer employees loans at below-market rates as part of the benefits package.

07 September 2024 - The controversy around the oppressive government revenue-raising measures continue in the corridors of justice as the battle over the Finance Act 2023 proceeds at the apex court.

07 September 2024 - Until 2020, the report says, Kenya's consumption of fertiliser was growing peaking at 835,000 tons that year.

07 September 2024 - Kenya will host one of the eight satellite dishes that will power the launch of the Square Kilometre Array (SKA), which is poised to be the world’s largest intergovernmental international radio...

07 September 2024 - OTTAWA, Sept. 7 (Xinhua) — Canada’s unemployment rate rose 0.2 percentage points to 6.6 percent in August, after holding steady in July, Statistics Canada said Friday. The unemployment rate in August was the highest since May 2017, outside of 2020…

07 September 2024 - NAIROBI, Sept. 7 (Xinhua) — Fresh produce exporters from Kenya on Friday called for urgent resolution of the Red Sea tensions, which have increased both the cost and time required to transport cargo to the European Union. The exporters said that…

07 September 2024 - Kipkorir claims he was blocked from meetings with clients and family gatherings, sparking the legal dispute.

07 September 2024 - KAA’s latest annual report shows it had 1,801 employees at the end of June 2022.

07 September 2024 - You can leverage on your youthful age, your active income and low dependency to attain financial freedom.

07 September 2024 - It is time for you to make hard choices because your current expenses exceed your income.

07 September 2024 - CMA and NSE say new rules will enhance transparency and improve communication between the companies and investors.

07 September 2024 - KRA Commissioner General has been summoned to appear before the National Assembly’s Departmental Committee on Finance and National Planning over the alleged loss of Ksh.62 billion in customs tax revenue due to tax evasion through misdeclaration of…

06 September 2024 - Ruto instructed authorities to hold those responsible to account.

06 September 2024 - Ruto instructed authorities to hold those responsible to account.

06 September 2024 - For years, China has been Africa's biggest trading partner, striking deals for major infrastructure projects like roads, railways, and power plants as part of their Belt and Road Initiative.

06 September 2024 - Kenya has been slow to add new generation capacity in recent years to match the growing demand