01 August 2023
- NAIROBI, Kenya, Aug 1 – President William Ruto has said he will protect public resources with zeal. He noted that it will not be business as usual to public servants with affinity to abuse public resources. The Head of State regretted that it has…
01 August 2023
- Safaricom has been awarded for its climate action initiatives in the inaugural Environment Sustainability Awards by Kenya Private Sector Alliance (KEPSA) in collaboration with the United Nations Environment Program (ENEP). Safaricom was recognized…
01 August 2023
- The consumption of petrol dropped one per cent over the three months to March compared to a similar period last year, which it attributed to high cost of fuel.
01 August 2023
- Mount Kenya Wildlife Conservancy (MKWC) today announced a new partnership with Prague Zoo to safeguard the Mountain Bongos’ future through habitat rehabilitation. The partnership will see Prague Zoo donate 10,000 USD to MKWC to facilitate the…
01 August 2023
- Google and the USAID eTrade Alliance have announced a partnership to expand the reach of the Hustle Academy Program in Kenya. This collaboration aims to provide 2,500 Small and Medium Businesses (SMBs) with access to critical resources and digital…
01 August 2023
- ICT Cabinet Secretary Eliud Owalo now says that the government will not force Kenyans to get the digital identity card, it will be voluntary to all Kenyans and no one will be forced into the process. Huduma Number was supposed to replace the current…
01 August 2023
- NAIROBI, Kenya, Aug 1 – Tertiary colleges students will now be able to launch innovation prototypes into the market via partnerships with select companies through ITATU. The open-source platform, which is also in partnership with the government,…
01 August 2023
- I have witnessed thousands of Kenyan youth turning up for the Worldcoin signup. They are presenting their retina to be scanned and awarded Worldcoins worth at least 5,000 shillings. At the Kenyatta International Conference Center (KICC), thousands…
01 August 2023
- LONDON, United Kingdom, Aug 1 – British energy giant BP on Tuesday announced a drop in second-quarter net profit as oil and gas prices retreated from peaks reached a year earlier following Russia’s invasion of Ukraine. Profit after tax plunged to $1.…
01 August 2023
- There is good news for patients referred for endoscopy and colonoscopy procedures but are hesitant due to the intrusive nature of the procedures as Aga Khan University Hospital has introduced capsule endoscopy, a non-invasive way of conducting the…
01 August 2023
- The Kenya Private Sector Alliance (KEPSA), through its Knowledge Centre, the Sustainable Inclusive Business Kenya (SIB-K,) in collaboration with the Kenya Red Cross Society (KRCS) Mombasa Chapter, has called on the County Government of Mombasa to…
01 August 2023
- On July 31st, the Education Cabinet Secretary Ezekiel Machogu launched a new Higher Education Loans Board (HELB) as directed by the government. Machogu launched the Higher Education Financing Portal that will allow university and TVET students to…
01 August 2023
- Equities Turnover dipped by 98.1 percent to KES 66.6Mn down from KES 3.51Bn the previous trading day. Local investors were the dominant players on the day. They accounted for c. 61.8% of the total market turnover. Foreign investors turned largely…
01 August 2023
- NTT Ltd, a leading IT infrastructure and services company and parent company of Dimension Data, has launched its 2023 Global Customer Experience Report, which reveals that customer experience (CX) remains a top management priority, with 91% of…
01 August 2023
- Exchange Rate Performance USD|KES: KES weakened by 0.05% to close at 142.36 (-15.39% year-to-date). GBP|KES: KES weakened by 0.05% to close at 182.97 (-23.24% year-to-date). EUR|KES: KES strengthened by 0.04% to close at 156.61 (-19.31% year-to-date…
01 August 2023
- TOPLINE The National Institutes of Health is launching a second phase of clinical trials for treatments of long Covid, the agency announced Monday—the latest step in addressing the poorly understood long-term impacts of Covid-19. KEY FACTS The NIH is…
01 August 2023
- Data on debt-to-GDP ratio shows we are way below many countries, but the reality is a bit different. Credit rating agencies have downgraded our creditworthiness.
01 August 2023
- Every year, one of nature’s most awe-inspiring spectacles unfolds in the vast wilderness of Kenya, especially in the Mara – the Great Wildebeest Migration. As millions of wildebeests, zebras, and other herbivores traverse perilous terrains in search…
01 August 2023
- Genghis Capital forecasts Kenya’s real growth rate for the year 2023 at 4.2%, before a mild recovery to 5.1% in 2024. According to the analysts, the double contraction on fiscal and monetary policy fronts will result in effective leftward shifts of…
01 August 2023
- Yields Yields were driven higher after the Fed emphasized a data-driven approach, which left the door open for more hikes ahead. U.S. yields were additionally supported by impressive advance GDP readings and a lower-than-expected initial jobless…
01 August 2023
- SAN FRANCISCO, United States, Aug 1 – The company formerly known as Twitter removed a towering, blinking X from atop its San Francisco headquarters Monday after the rebranded tech firm tangled with city officials over the controversial sign. The X,…
01 August 2023
- TOKYO, Japan, Aug 1 – Japan’s Toyota said on Tuesday that net profit in its first quarter surged 78 percent as global production rebounded after severe supply disruptions a year ago. The world’s biggest automaker by sales said net profit in the three…
01 August 2023
- Equity Group was the most traded counter, accounting for 25.2% of equity turnover. The lender rose 1.0% to KES 41.00 on increased foreign trading. At the same time, KCB slipped for the tenth consecutive session, easing 0.2% to KES 28.50 on increased…
01 August 2023
- Last month, I visited Nigeria for the first time in five years, and, everywhere I went, perhaps more than on any of my previous trips, I felt the immense energy and boundless potential of its rising generation. I met with young scientists and…
01 August 2023
- In a society where knowledge is power, coding is the equivalent of possessing the legendary Excalibur of the digital age. From churning out lines of cryptic symbols to crafting awe-inspiring digital marvels, coding has become the heartbeat of our…
01 August 2023
- Once upon a time in the digital age, parents faced a daunting challenge: how to prepare their kids for an unpredictable and ever-changing future. With the rapid advancement of technology and the rise of robotic overlords, it seemed as if the age-old…
01 August 2023
- Stima Sacco has been ranked as the best in three major categories in a historic annual show in Kisumu City. Stima Sacco emerged as the second-best financial institution other than a bank. For years, the largest Sacco in the region has played a role…
01 August 2023
- The Athi River-based plant that has recently been operating at a capacity of 20 per cent, has now recorded a major increase of up to more than 50 per cent.
01 August 2023
- Kenya Flower Council has petitioned the Treasury to either pay the refunds or offset some of the taxes that the sector faces to boost production.