Business

05 June 2024 - Standard Chartered Bank has finally launched a short-term mobile lending app for its clients dubbed SC Juza.

05 June 2024 - President William Ruto has been at the forefront of calling for a new global financial architecture that works for African countries.

05 June 2024 - Dickson Nyibule has clocked 38 years on the skies, working as a flight purser at Kenya Airways (KQ).

05 June 2024 - Mount Kenya Breweries has been dealt a blow after a tribunal upheld a Sh2.79 billion tax demand.

05 June 2024 - The World Bank expects CBK to cut interest rates in the medium term.

05 June 2024 - Digitalisation across the insurance value chain brings with it several benefits including improved customer experience.

05 June 2024 - Kenya Airways (KQ) has extended a freeze on a complimentary scheme that allows its staff to travel for free.

05 June 2024 - Kenyans will now be forced to hire vehicles for game drives into Maasai Mara National Reserve.

05 June 2024 - Copia Kenya has stopped servicing orders in six towns after it was placed under administration.

05 June 2024 - The High Court has ordered the arrest of Mombasa County executive committee member for finance and the chief officer of finance.

05 June 2024 - There are very solid reasons as to why organisations should have the VMV board.

05 June 2024 - In our East African hyper-competitive business landscape, having a well-defined strategy proves crucial for organisations to achieve sustainable success.

05 June 2024 - The government has embarked on an ambitious plan to transform Kisumu Port into a cruise ship hub as efforts to revamp lake transport gain momentum.

05 June 2024 - Maryanne says some of the machines are ideas researchers and institutions have brought to her to fabricate.

05 June 2024 - Inchcape Kenya has signed a pact with NCBA Group that will see the lender fund customers to purchase cars.

05 June 2024 - Africa stands at a crossroads—a continent beaming with potential, innovation, and promise.

05 June 2024 - The Constitution ushered in a new dispensation that requires public participation at all levels of governance.

04 June 2024 - Belgium’s national carrier Brussels Airlines has re-introduced direct flights to Nairobi after a nine-year hiatus.

04 June 2024 - Kenya Power and Lighting Company (KPLC) is alerting customers in Mombasa, Kakamega, Nyeri, Meru, Migori and Kiambu counties of a planned power outage scheduled for tomorrow, Wednesday, June 5. In all six counties, the outage is expected to last from 9:…

04 June 2024 - The furniture, woodwork, interior design and finishing industries are set to undergo a significant metamorphosis in line with the fast-paced digital era thanks to Fintex East Africa.

04 June 2024 - DHAKA, June 4 (Xinhua) — Bangladesh’s leading mobile money carrier Nagad has become the South Asian country’s first full-fledged digital bank, said the Mobile Financial Services (MFS) operator’s spokesman on Tuesday. Muhammad Zahidul Islam Sajal, head…

04 June 2024 - NAIROBI, June 4 (Xinhua) — The 11th edition of the International Floriculture Trade Expo opened Tuesday in the Kenyan capital of Nairobi amid calls for sustainable production such as integrated pest management. The three-day event brought together…

04 June 2024 - Zimbabwean physiotherapist Dr Nonhlanhla Mkumbuzi is working to understand how injuries can affect female African players particularly, and how this might differ to those of athletes overseas. Football may be played to the same rules the world over,…

04 June 2024 - JUNE 4 – In an effort to support and elevate creative professionals, Startinev, a startup facilitator and innovation enabler in Africa, is organizing a groundbreaking networking event focused on monetizing creative skills in the digital economy. The…

04 June 2024 - Jahmby Koikai, the longtime reggae MC and media personality, has died. Jahmby passed away June 3 at age 37 following complications due to endometriosis, a disease she had been battling since she was 13. Endometriosis occurs when cells from the lining…

04 June 2024 - Top 10 African cities with the most expensive real estate

04 June 2024 - KPA said it would charge at least Sh27,000 ($200) for solid waste management from ships calling at the port on behalf of the Mombasa county government effective May 15.

04 June 2024 - Approval for the Field Development Plan which outlines the strategy and steps for developing the oil fields has had to be resubmitted several times owing to a mix of factors.

04 June 2024 - Finance bill likely to cause business shut down, massive job losses, further increase in cost of living and failure by the taxman to grow tax collections.

04 June 2024 - The Industrial Development Corporation of Zambia (IDC) has finalized a wide-ranging deal with US-based Kenyan investor and founder of Mwale Medical and Technology City (MMTC) Julius Mwale in Lusaka, Zambia. IDC chaired by President Hakainde Hichilema…

04 June 2024 - Standard Group Board of Directors names Ms Marion Gathoga-Mwangi as new CEO effective July 15; she takes over from Joe Munene who held the position on interim since July 6, 2023

04 June 2024 - Over the years, Africa has become one of the most profitable regions for local and foreign capitalists to invest in.

04 June 2024 - Roy Hauliers was to transport deliveries from the Bamburi Cement in Mombasa plant or Mariakani plant to the Nairobi Grinding Station or to any of the loading points.

04 June 2024 - Equity Group board will seek the approval of shareholders to provide Sh800 million as capital to the health insurance company.

04 June 2024 - Despite global economic uncertainty and the ongoing effects of the COVID-19 epidemic, African economies are exhibiting amazing resilience and promise for sustained development. This positive economic outlook is critical not only for the continent but…

04 June 2024 - In the global economy, labour productivity is an important factor that drives economic growth and improves people's standard of living. Africa boasts a youthful and dynamic workforce with huge potential.

04 June 2024 - Wanjiru has not only lost a landmark case on who is to blame whenever hacker(s) swap and steal mobile money but will have to pay the cost of the case to mobile services provider Safaricom.

04 June 2024 - Kenya has signed a Ksh38 billion ($284.1 million) financial agreement with Korea for the construction of a state-of-the-art Konza Digital Media City at Konza Technopolis.

04 June 2024 - The irregularities were also found in applications from Honda, Suzuki and Yamaha Motor.

04 June 2024 - NAIROBI, Kenya, June 4 – 100 Kenyan students will be trained on cybersecurity security skills in a deal between the Microsoft Africa Development Centre (ADC) and Cyber Shujaa. The three-month programme will admit the first cohort of 70 undergraduate…

04 June 2024 - Naomi Ogutu, 48, Kea Wakesho Simmons, 41, and Nancy Gakere, 50, are among Kenyans who have found success in the US, all in the travel industry.

04 June 2024 - NAIROBI, Kenya Jun 4 – The Alcoholic Beverages Association of Kenya (ABAK) has warned that the sector will be hit hard by double taxation if the government will implement the proposed Finance Bill 2024. The Association stated that some provisions in…

04 June 2024 - The lender now joins the list of KCB, ABSA, Equity bank, and NCBA among the top banks with digital loaning arms.

04 June 2024 - With the coffee season 2023/2024 coming to an end, farmers have been paid more than Sh17 billion through DSS.

04 June 2024 - The transport and logistics firm is said to be indebted to the tune of Sh14 billion with creditors including NCBA, KCB, Co-op Bank and NSSF.

04 June 2024 - The Nigerian government just disclosed the extraordinary amount it is making accessible to businesses seeking a loan. The Minister of Finance made the announcement, disclosing that big businesses would be able to get as much as N1 billion in loans,…

04 June 2024 - NAIROBI, Kenya, June 4 – NCBA Bank has partnered with British automobile distributor Inchcape Kenya for an asset financing campaign slated to run till March 2025. Under the MEMORANDUM OF Understanding (MoU), the lender will provide financing options…

04 June 2024 - NAIROBI, Kenya, June 4 – The ICT Authority has enrolled 2,401 innovators in its Huduma Whitebox program, which focuses on incubation, capacity building, market linkages, and commercialization. The Authority aims to catalyze the growth of local ventures…

04 June 2024 - Kenya Association of Air Operators (KAAO) cautions that the proposed 16 pc VAT in the Finance Bill 2024 could jeopardise air transport sector.

04 June 2024 - Canal+ is set to begin the process of acquiring South African media company Multichoice after months of speculation. Canal+ first began buying shares in MultiChoice in 2020 in a bid to grow its business in Africa. Today, the French company owns about…