Business

05 September 2024 - Coming from the private sector into the public markets, some have characterised him as an unusual pick to steer the bourse at a challenging time.

05 September 2024 - Five new albums across different genres, from afro-pop to reggae, R&B to country, recommended by BDLife

05 September 2024 - The foreign exchange reserves that a nation has, measured in terms of the number of months it can continue to pay for imports without needing outside assistance, is referred to as import cover. This is why import cover is an important metric to…

05 September 2024 - The company is expected to spend Sh1.55 billion to set up the two hostels

05 September 2024 - Judy started as a commercial lawyer

05 September 2024 - The tribunal heard that Kakuzi entered into marketing agreements with agents outside the country to market its products.

05 September 2024 - Nonetheless, the chef tried his best with his spices and things.

05 September 2024 - Critics counter that Adani Group has no experience in running airports.

05 September 2024 - Centum said in a circular to shareholders dated September 5, that it is now seeking to buy 10 percent of the remaining 655.6 million shares.

05 September 2024 - Even seasoned marketers find themselves grappling with this rapid evolution.

05 September 2024 - CAK said the deal will increase Keda’s market share from the current 25 percent to 31 percent.

05 September 2024 - The Baku meeting will mostly focus on extent and pace of energy transition from fossil fuels to renewable energy.

05 September 2024 - Derrick Mukeku Kasyoka from Machakos is SportPesa's latest multi-millionaire after winning Ksh10 million in the free-to-play Goal Rush game.

05 September 2024 - A failing fuel pump can result in insufficient fuel reaching the engine, causing sluggish acceleration.

05 September 2024 - Kenya's business environment recorded a mild recovery in August, with firms raising their output levels for the first time in three months.

05 September 2024 - Auditor General says county governments operating numerous commercial bank accounts contributes to financial mismanagement and waste of taxpayer funds

05 September 2024 - A regional watchdog on anti-competitive practices wants taxi-hailing operator Uber to adjust its contracts to suit laws that protect local users. The Comesa Competition Commission (CCC) says it...

05 September 2024 - The main agenda at the AGM was how The Standard Group plans to raise Ksh1.5 billion through a rights issue

05 September 2024 - No one loses any unclaimed financial assets once remitted to the authority.

05 September 2024 - Most of Africa's agricultural exports are spread out among various countries, with no single country taking more than 25% of the total, except for China.

05 September 2024 - Odibets has partnered with the Football Kenya Federation to give Harambee Stars jerseys to the national team's fans.

05 September 2024 - Energy Cabinet Secretary Opiyo Wandayi has committed to initiating urgent reforms at Kenya Power following a meeting with the board, management and staff on Thursday, September 5.

05 September 2024 - The state of the external reserve for African countries affects the stability and growth of their economies. The drawbacks, should Federal Reserves be low, are numerous, including lower foreign direct investment, greater borrowing costs, slowed…

05 September 2024 - This, as a team of 16 Kenyan officials pitch tent in Mumbai  for a due diligence mission.

05 September 2024 - If approved, the transaction will see Centum’s stake in Sidian fall from the current 34.1 percent to 15.19 percent.

05 September 2024 - NAIROBI, Kenya Sept 5 – Biometric tech company Smart Applications International plans to expand into Botswana to capture a larger market share in the southern African country. William Techera, the firm’s marketing manager, stated that this…

05 September 2024 - DOHA, Qatar Sep 5 – Qatar Airways has unveiled a new global ‘AI Adventure’ film which utilises state-of-the-art technology to reinforce its commitment to developing incomparable, immersive experiences for everyone. In an industry-first, the…

05 September 2024 - The tax authority emphasised that the employees remained under the employment of Safaricom

05 September 2024 - NAIROBI, Kenya, Sep 5 – Unions representing doctors, nurses, clinic officers have threatened an industrial action within the next 14 days, citing salary arrears owed to health workers across the 47 counties. The Kenya Medical Practitioners,…

05 September 2024 - Russia has expressed a desire to become more involved in Nigeria's hydrocarbon market. It hopes to provide its vast experience in offshore seismic surveys and hydrocarbon deposit exploration. This is coming at a time when the West African country…

05 September 2024 - NAIROBI, Kenya, Sep 5 – Absa Bank Kenya invested Sh60 billion into sustainability initiatives in 2023, highlighting growing investments in clean as well as projects that support communities. The allocation went into sustainable financing, social…

05 September 2024 - BEIJING, China, Sep 5 – President William Ruto has called on China to scale up its cooperation with Africa by helping them access concessional funding for development. The President asked China to rally various stakeholders to double their…

05 September 2024 - BERLIN, Sept. 5 (Xinhua) — The Munich-based ifo Institute for Economic Research has downgraded its economic growth outlook for Germany on Thursday, predicting zero growth for 2024, down from the previous estimate of 0.4 percent. The growth…

05 September 2024 - Dangote Petroleum Refinery has debunked recent media reports suggesting that the Nigerian National Petroleum Corporation (NNPC) has begun lifting petrol from its facility for ₦897 per litre.

05 September 2024 - The lender also reduced operational carbon emissions by  8%.

05 September 2024 - Nigeria is reportedly exploring the possibility of allowing billionaire Aliko Dangote's refinery to determine the price of the gasoline it sells.

05 September 2024 - South African President Cyril Ramaphosa is currently in China for his second state visit, along with his participation in the Summit of The Forum on China-Africa Cooperation (FOCAC) this week. This visit underscores a deepening of bilateral…

05 September 2024 - Most warehouses for storage of farm produce are substandard, which is being blamed for increased post-harvest losses in the country.

05 September 2024 - Rents stabilised at an average $13 (Sh1,677) per square metre.

05 September 2024 - The AI Convention mainly focuses on the protection of human rights of people affected by AI systems

05 September 2024 - The company also carries an outstanding medium term corporate bond of Sh11 billion

05 September 2024 - Chinese leader Xi Jinping on Thursday pledged over Ksh.6.4 trillion ($50 billion) in financing for Africa over the next three years, promising to deepen cooperation in infrastructure and trade with the continent as he addressed Beijing's biggest…

05 September 2024 - The three girls may miss out on the opportunity to represent Kenya in the International Robotic Olympiad in Turkey this November if they do not get funding to support their travel.

05 September 2024 - President Xi Jinping has announced that China will increase its support to Africa, pledging nearly $51 billion in funding.

05 September 2024 - According to a report by the Energy and Petroleum Regulatory Authority (EPRA), Kenyans are paying more for cooking gas due to limited competition in the importation of Liquid Petroleum Gas (LPG).

05 September 2024 - The US ambassador to Kenya, Meg Whitman has revealed that President William Ruto's withdrawal of the Finance Bill 2024 led to the International Monetary Fund (IMF) cancelling Kenya's Ksh131 billion loan. 

05 September 2024 - Despite the challenges in the equities market, foreign investors maintained a net buying position. Total foreign purchases amounted to Ksh11.6 billion, surpassing foreign sales, which totaled Ksh8.6 billion during the April-June 2024 period. 

05 September 2024 - Motorists have been overcharged an estimated Ksh16.4 billion or Ksh2.70 per litre of fuel since Kenya opted for government-to-government oil supply contracts with three Gulf-based companies.

05 September 2024 - Speaking in the town hall meeting that was held at the Kenyatta International Convention Centre (KICC) on Sunday August 25, Ruto addressed concerns about the new funding model saying that it is meant to address inequality in our education system…

05 September 2024 - The pressure was getting worse. Every month someone had something to say about where I should and shouldn’t keep my salary and most times it ended up in everyone's pockets but mine.