14 July 2023
- Greenfield onshore projects for oil exploration, development, and commercialisation in the East African region are either delayed or stalled.
14 July 2023
- The Kenyan financial markets largely shrugged off disruptions caused by the opposition-led protests, recording gains in contrast with the business sector which suffered losses running into...
14 July 2023
- Four years ago, the Treasury embarked on a mop-up of excess cash balances held by parastatals, seeing this as one of the ways of cutting heavy borrowing by making better use of resources already...
14 July 2023
- Ahead of the fifth review of its multi-year arrangement with Kenya, the IMF has already inserted itself as a key shaper of the country’s monetary and fiscal policies.
13 July 2023
- China’s foreign trade grew by 2.1 percent year-on-year to 20.1 trillion yuan ($2.8 trillion) in the first half of 2023, data from the General Administration of Customs showed on Thursday. Exports grew 3.7 percent year on year to 11.46 trillion yuan…
13 July 2023
- NAIROBI, Kenya, July 13 – A high-level delegation of Indonesia’s business community is in the country to discuss trade partnerships between the two countries. The Indonesian team is led by the Minister of Maritime Affairs and Investment, Luhut Binsar…
13 July 2023
- LOS ANGELES, United States, July 13 – Hollywood actors were poised to go on strike Thursday, joining writers in the first industry-wide shutdown in 63 years after last-ditch talks failed, with nearly all film and television production likely to grind…
13 July 2023
- Buyer’s remorse is a common experience that can leave you feeling regretful and dissatisfied with your purchases. It is a lingering feeling that can persist for some time. There’s typically no benefit in dwelling on it, especially if they can’t revere…
13 July 2023
- Former The Apprentice star Samuel Brooksworth is capitalizing on the remote working revolution by getting young skilled people to work from Africa for organizations around the world. The market for remote workplace services is set to grow from $20.1…
13 July 2023
- NAIROBI, Kenya, July 13 – Cement manufacturer Bamburi has partnered with the International Finance Corporation (IFC) to empower women-owned businesses in procurement activities. The company says it is keen on promoting gender inclusivity when it comes…
13 July 2023
- CMA director tells Senate shareholders are at liberty not sell shares. Petitioner claimed the shareholding was a betrayal of the interest of Kenyans.
13 July 2023
- LONDON, United Kingdom, July 13 – UK Prime Minister Rishi Sunak on Thursday urged unions to call off strike action, warning the government will no longer negotiate on higher salaries. The government said it had accepted recommendations from independent…
13 July 2023
- NAIROBI, Kenya, July 13 – The Government will file a case in court to charge individuals who enabled yesterday’s mass demonstrations that were called by the opposition side. Transport Cabinet Secretary (CS) Kipchumba Murkomen said demonstrators who…
13 July 2023
- NAIROBI, Kenya, July 13 – The Government is creating a friendly environment that will attract more foreign investments to Kenya. President William Ruto said the Government will also routinely refine its policies to make it more facilitative for…
13 July 2023
- Standard Chartered Bank has announced the appointment of Tanveer Nandhra as the Head of Financial Markets, Standard Chartered East Africa with immediate effect.
13 July 2023
- According to the World Bank, an estimated 500 million women and adolescent girls lack access to menstrual products and adequate facilities for menstrual hygiene management. Data from the Ministry of Education in Kenya shows that a girl is absent from…
13 July 2023
- Commercial real estate has long been one of the most preferred investments for the wealthiest families in Kenya. Most of the biggest malls in the most prime areas of the capital, Nairobi, and its environs are associated with business tycoons who made…
13 July 2023
- Haven’t you heard? Flip phones are making a comeback. Okay, maybe you’ve heard that a lot for the past couple of years, and it never really stuck. Some might say they’re too flimsy, expensive, and or gimmicky. But there’s a reason companies are…
13 July 2023
- Mwananchi Credit Limited, which provides logbook loans and asset financing, was a big winner at this year's prestigious Pacesetter Awards.
13 July 2023
- Tatu City Water and Sanitation Company (TATUWASCo) has been recognized as the top-performing private utility company in Kenya for the second year in a row by the Water Services Regulatory Board (WASREB). Over the last decade, TATUWASCo has invested…
13 July 2023
- It is difficult to sustainably run a business in a volatile environment. This is especially the case for most small and medium enterprises (SMEs). These business operations are majorly owned by sole proprietors and may not have adequate reserves to…
13 July 2023
- STOCKHOLM, Sweden, July 13 – Swedish-American car safety equipment maker Autoliv said Thursday it aimed to close facilities in Germany and Britain as part of cost-cutting measure undertaken in response to pressure from soaring inflation. In early June…
13 July 2023
- NAIROBI, Kenya July 13 – The government has lifted a suspension of Public Service Vehicles from using the Nairobi Expressway effective immediately. Transport Cabinet Secretary Kipchumba Murkomen said the move is aimed at boosting mobility across the…
13 July 2023
- Students from the Western and North Rift regions will benefit from Absa Bank’s digital literacy program following the installation of computer labs in 17 schools in the area. The initiative is part of a KES25 million nationwide digital literacy effort…
13 July 2023
- NAIROBI, Kenya, July 13 – Private equity firm Actis has sold BTE Renewable to ENGIE and Meridiam for an undisclosed amount. This follows the signing of a sales and purchase agreement by BTE Renewables, a developer, owner, and operator of renewable…
13 July 2023
- NAIROBI, Kenya, July 13 – The Kenya Tea Development Agency (KTDA) chairman, David Muni Ichoho, has resigned after two years at the helm. Through a letter to the KTDA Group Company Secretary, Ichoho will effectively be leaving his current position…