Business

20 August 2024 - After posting a net profit of Ksh.513 million for the first time in over a decade, the national carrier Kenya Airways now says it will be looking to increase its fleet.

20 August 2024 - Pesticides play a crucial role in agriculture by protecting crops from pests and diseases, which can significantly impact food security.

20 August 2024 - Greenspoon said it will expand its fleet of Roam Air, electric bikes in 2025

20 August 2024 - Women often struggle because they think their role is to sit, look pretty, take notes, and walk out.

20 August 2024 - KUALA LUMPUR, Aug. 20 (Xinhua) — Malaysia, the world’s second-largest palm oil producer, Tuesday maintained its September crude palm oil (CPO) exports duty at 8 percent. According to a circular from the Malaysian Palm Oil Board, Malaysia has raised…

20 August 2024 - NAIROBI, Kenya, Aug 20 – Kakuzi’s macadamia nuts business posted a profit of Sh32 million in the half-year ended June this year, an improvement from a Sh328 million loss recorded during a similar period last year. The agricultural firm’s managing…

20 August 2024 - NAIROBI, Kenya, Aug 20 – Kakuzi’s macadamia businesses posted a profit of Sh32 million in the half-year ended June, an improvement from a Sh328 million loss recorded during a similar period last year. Kakuzi Managing Director Chris Flowers said that…

20 August 2024 - Robot Café, the first-ever robot restaurant in Kenya in Kileleshwa

20 August 2024 - Safaricom made the biggest dividend payment over the period to Vodacom Group Limited and Vodafone Group Plc, which own a combined 40 percent stake in the company that is equivalent to 16 billion...

20 August 2024 - Comesa’s vision has been to be a fully integrated economic community that is prosperous, internationally competitive, and ready to merge into the African economic community.

20 August 2024 - Globalisation has increased interconnectedness of countries across the world.

20 August 2024 - This is set to be the first year that hydropower generation has increased in three years.

20 August 2024 - This comes in the wake of complaints from passengers that drivers were charging more than the price on the app.

20 August 2024 - Renewable energy projects can play a crucial role in lowering energy costs and insulating economies from the volatile price swings characteristic of fossil fuels.

20 August 2024 - At the heart of dealing with a boss you don't like is being emotionally intelligent

20 August 2024 - Kenya received the highest refunds in a single year of Sh8.94 billion in the year ended June 2021 followed by Sh6.98 billion for the year ended June 2023.

20 August 2024 - The high-interest rate environment drove average yields on 91, 182 and 364-day Treasury bills to 16.7 percent, 16.6 percent and 16 percent respectively at the end of June 2024.

20 August 2024 - CBK data shows corporates’ demand deposits fell by Sh54 billion to Sh956 billion at the end of March this year compared with Sh1.01 trillion at the end of December 2023.

20 August 2024 - As the CS, Mr Wandayi would have been among the first people to be briefed, even consulted, about the pump prices before they were made public.

20 August 2024 - Epra has not reviewed fuel prices, acting contrary to court orders, despite having the legal tools to review prices in case of such developments.

20 August 2024 - The EPA, which took effect last month, gives products from Kenya duty-free access.

20 August 2024 - The mission is aimed at establishing the operational framework for the Economic Partnership Agreement (EPA) signed in 2023, which took effect in July.

20 August 2024 - African countries, many of which are net importers of petroleum products, are susceptible to swings in global oil prices. When energy prices across the globe increase, so do local fuel costs. This unfortunately was the case for several countries on…

20 August 2024 - The EPA, which took effect last month, gives products from Kenya duty-free access to the 27 countries in the EU.

20 August 2024 - The booming international avocado market had been created mainly by subdued global supply.

20 August 2024 - The EU is the largest buyer of Kenya’s coffee, and it is therefore absolutely crucial for coffee farmers to retain this market.

20 August 2024 - A new report by Nigerian HR startup PaidHR (formerly PadeHCM) has revealed that 78% of workers in Lagos, Nigeria’s largest city, earn less than ₦100,000 ($62.50) per month. The report, titled The State of the Employed, is based on responses from over…

20 August 2024 - Ghanaian President Nana Akufo-Addo has officially launched the construction of a 300,000 barrel-per-day oil refinery. However, critics have raised concerns about potential flaws in the project.

20 August 2024 - Kenya Airways on Monday reported Sh513 million in net earnings in the first half of the year, the first in 11 years up from a loss of Sh168.2 million same period last year.  The national carrier which trades internationally as KQ  attributed the…

20 August 2024 - This will allow the regulator to address concerns raised by traders who opposed the tax.

20 August 2024 - City residents are also seeking cheaper alternatives in satellite towns.

20 August 2024 - Sports bett¡ng will take a whole new course this weekend when the SportPesa Mega Jackpot reaches an incredible Ksh378,945,490, setting the stage for what could be a thrilling weekend of 2024 for Kenyan bettors.

20 August 2024 - It allocated Sh615 billion out of the Sh1.09 trillion loan to sustainable businesses.

20 August 2024 - Drivers had resorted to setting their own rates in recent weeks.

20 August 2024 - Nigeria’s average daily consumption of diesel or Automotive Gas Oil (AGO) was put at a staggering 14 million litres.

20 August 2024 - The Competition Authority of Kenya (CAK) has unconditionally approved the acquisition of Suntory Beverage and Food Kenya Limited’s entire ownership by Bidcoro Africa Limited.

20 August 2024 - In 2024, some African countries that rank low on the Environmental Performance Index (EPI) are those that have struggled to prioritize environmental health and sustainability.

20 August 2024 - Water Resources Authority claimed 8 Green Park Estate houses were built on riparian land and had threatened demolition.

20 August 2024 - KRA had argued that preforms are finished products

20 August 2024 - The union is accusing the state of ‘lack of good will in negotiations’

20 August 2024 - Public universities have been in a financial hole over the years due to delayed student capitation and mismanagement.

20 August 2024 - AUG 20 – Hundreds of thousands of pensioners have been urged to claim a pension top-up that will enable them to beat government cuts in energy bill support. An estimated 880,000 low-income pensioner households eligible for pension credit currently…

20 August 2024 - NAIROBI, Kenya Aug 20 – KCB Bank approved green loans worth Sh21.4 billion, which represent 15.5 percent of its total loan book, to support environmentally friendly projects, according to its 2023 Environmental, Social, and Governance (ESG) and…

20 August 2024 - NAIROBI, Kenya, Aug 20 – Bolt has entered into a deal with Hakki Africa, a microfinance company, to allow drivers without their own vehicles to acquire 1,500 cars through financing. It will apply to Bolt drivers on the platform and will be…

20 August 2024 - NAIROBI, Kenya, Aug 20 – Low-cost retailer Jaza Discounter Supermarket has opened its 14th store at Greatwall in Athi River in Machakos County. This comes at a time when the retail chain has been on an aggressive expansion drive to expand outlets in…

20 August 2024 - A global inclusion report has revealed progress in gender parity and equity.

20 August 2024 - Topline Musician Beyoncé Knowles is continuing her foray into the country music world with the launch of a whiskey brand called “SirDavis” under the LVMH empire, entering the same industry that made her husband a billionaire and could push the…

20 August 2024 - She says stereotype dimming Africa’s shine.

20 August 2024 - Last year, the bank blocked 249 fraud attempts on its system, which would have wiped out Sh362.7 million.

20 August 2024 - A local innovation hub is preparing Kenyan youth for the global job market, leveraging technology to train them highly sought after skills.