Business

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 - 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 - 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 - 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…

04 June 2024 - Last week, the company warned of the disruption, saying it was part of a system upgrade.

04 June 2024 - Ugandan students are currently encouraged to learn Chinese for better career prospects. Hilda Ayebare, an assistant curriculum specialist for foreign languages at the Uganda National Curriculum Development Center (NCDC), emphasised the importance of…

04 June 2024 - Africa has been dubbed blessed for many reasons, from its population size, to its mineral resources and its mind-blowing land mass.

04 June 2024 - The emergence of Bitcoin as a feasible asset elegance has attracted increasing interest from institutional buyers, marking a sizable shift in the conventional finance panorama. Once taken into consideration with skepticism, Bitcoin is now gaining…

04 June 2024 - NAIROBI, Kenya, June 4 – Standard Chartered has unveiled its SC Juza Mobile Loan App targeting the short-term lending market in Kenya. The lender sys the move is anchored on providing affordable financial solutions for both salaried and non-salaried…

04 June 2024 - NAIROBI, Kenya, June 4 – Policyholders Compensation Fund (PCF) has begun payments and compensation of policy holders of Xplico insurance. In a public notice, PCF directed all the affected parties to fill the online claims form on its website beginning…

04 June 2024 - Kenyan Public Service Cabinet Secretary, Moses Kuria is optimistic about Kenya’s economic future. He notes that Kenya’s fortune is set to change on the back of the economic initiatives that continue to be executed despite the administration. His…

04 June 2024 - A deal for Mukesh Ambani, Asia’s second-richest man to capitalize on the demand for 5G wireless services in Ghana is facing opposition from the country’s parliamentary minority, who have criticized the administration for rushing into a "sweetheart deal…

04 June 2024 - TOPLINE Shares of Spotify rose by about 5% on Monday, after the company announced it will once again raise the prices for its subscription plans in the U.S., following an increase in subscribers. KEY FACTS Spotify shares rose to over $310 as of 10 a.m…

04 June 2024 - As the primary and most well-known cryptocurrency, investing in Bitcoin gives capability opportunities for boom and diversification in funding portfolios.

04 June 2024 - It is no secret that Africa is rich in valuable minerals crucial for economic development, ranging from extensive oil reserves to lush agricultural lands.

04 June 2024 - External shocks from, global rates and geopolitical tension have been cited as major factors

04 June 2024 - External shocks from, global rates and geopolitical tension have been cited as major factors

04 June 2024 - Nigeria’s Central Bank recently disclosed that it sold a historic amount of US Dollars in the previous month. The Apex Bank admitted that so far in the year it sold the most Dollars in May, albeit with very little overall market turnover in May. For…

04 June 2024 - Introduction of Value Added Tax on insurance services and motor vehicles is bad for the industry, says lobby.

04 June 2024 - Zambia has signed a deal with a US-based Kenyan investor after a Jeff Bezos-backed firm discovered large copper deposits.

04 June 2024 - AmCham wants Parliament to cut the proposed motor vehicle tax from 2.5 per cent to one per cent.

04 June 2024 - NAIROBI, Kenya, June 4 – Xiaomi Kenya is thrilled to announce the launch of the “Xiaomi Deals Carnival,” a month-long promotion featuring unbeatable deals and discounts on a wide range of Xiaomi smartphones. From June 4th to June 30th, customers can…

04 June 2024 - A "Roast" an event where a person or group of people are subjected to good-natured ridicule or mockery by friends or colleagues. Kenyan movies and most TV shows tend to look and feel alike.

04 June 2024 - The contracts for the construction of a new national electricity dispatch hub to be managed by the Kenya Electricity Transmission Company (Ketraco) will be ready this month for approval by...