Business

17 August 2024 - AUG 17 – The hat worn by actor Harrison Ford in the second instalment of the Indiana Jones film franchise has sold for nearly half a million pounds at auction. The brown felt fedora – specifically made for the Temple of Doom film – fetched $630,000…

17 August 2024 - NAIROBI, Kenya, Aug 17 – Kenya Re’s profit recovered to Sh600 million in the half year ending June this year, from a loss of Sh200 million during a similar period last year. The improvement is attributed to a 20 percent growth in insurance revenue…

17 August 2024 - In 2024, African countries that rank highly on the EPI are those that have prioritized environmental health and sustainability.

17 August 2024 - Equity Group has appointed Moses Okoth Nyabanda as the Acting Managing Director for Equity Bank Kenya.

17 August 2024 - Nairobi City commuter service bus company, Citi Hoppa, has expanded its transportation solutions with the addition of 24 new Isuzu NQR buses to its fleet.

17 August 2024 - Kenya's Ministry of Health has announced that there is no active case of Mpox in the country, allying fears weeks after one person was reported to have contracted it.

17 August 2024 - According to a recent assessment, Uganda's investment options appear to be very promising for the remainder of the year. Scalability demonstrated by a number of significant businesses has increased confidence among investors.

17 August 2024 - 'To break the rules, you should first know the rules.'

17 August 2024 - The public will increasingly be on the lookout for actions of financial mismanagement and corruption

17 August 2024 - The Agoa pact is due to expire next year with President Biden’s administration keen to extend it to 2041.

17 August 2024 - Starting a business could be a game-changer.

17 August 2024 - The phantom traders file fictitious invoices to deny the government the much-needed revenue.

17 August 2024 - The exit of Mr Warui comes at the end of a turbulent week for Equity.

17 August 2024 - CANBERRA, Aug. 17 (Xinhua) — Australia will trial digital passenger cards to replace paper cards for arrivals to the country, the border force has announced. Under the pilot program for the Australia Travel Declaration, passengers on Qantas flights…

17 August 2024 - NAIROBI, Kenya, Aug 17 – Moses Okoth Nyabanda has been appointed as the new acting Managing Director (MD) for Equity Bank Kenya, pending regulatory approval from the Central Bank of Kenya. Nyabanda is replacing Gerald Warui, who is going for an early…

17 August 2024 - Increase in fares was informed by changes in the energy and petroleum sector.

17 August 2024 - I feel weighed down by my family and girlfriend’s expenses.

17 August 2024 - Across Kenya, there are fewer than 100,000 officers in the National Police Service (NPS) spanning all large cities, towns, small urban centres and rural areas throughout the country. The NPS, the umbrella law enforcement organ comprising the Kenya…

16 August 2024 - South Africa’s Department of Justice is set to resubmit its extradition application to the United Arab Emirates (UAE) for the Gupta brothers, Rajesh and Atul, in connection with well-reported allegations of state capture. The Department is also…

16 August 2024 - Epra fails to reduce VAT on fuel despite Appeals court declaring Finance Act 2023 illegal. Halving the tax would have knocked off Sh13 a litre, obeying orders on fuel levy another Sh7

16 August 2024 - First Assurance Company, a member of the Absa Group, has unveiled an insurance product aimed at addressing the growing mental health crisis.

16 August 2024 - Ghana is in talks with cocoa traders to secure a $500 million loan to support its industry operations.

16 August 2024 - With companies and tech hubs springing up across Africa, the continent now has more need for rapid internet penetration than it ever has. However, access to the internet, particularly in rural areas continues to present some challenges. Specifically…

16 August 2024 - Treasury CS dismisses claims that the IMF put conditions on the government during their meeting.

16 August 2024 - Within military aviation, certain African countries distinguish themselves with impressive aircraft fleets, ranging from fighters and bombers to fighter/interceptor fleets.

16 August 2024 - Court has stopped the implementation of the Road Levy increase reducing tax by Sh7 saying it was published without adequate public participation

16 August 2024 - His departure follows the departure of another long-serving executive, Ms Mary Wamae.

16 August 2024 - His departure follows the departure of another long-serving executive, Ms Mary Wamae.

16 August 2024 - Mobile phones firms will have to re-evaluate the bare minimum personal data that the devices collect.

16 August 2024 - Hosting a two-day live football experience this weekend at The Black Pearl Lounge in Kisumu, Guinness is going the extra mile – quite literally – to deliver an epic Matchday and chilled Guinness to go with it.

16 August 2024 - The company is not paying an interim dividend for the half year, as in previous years.

16 August 2024 - AUG 16 – Train drivers at London North Eastern Railway (LNER) are set to strike every weekend in September, October and two in November, union bosses have announced. Aslef, which represents train drivers, said the walkouts at LNER were due to a…

16 August 2024 - NAIROBI, Kenya, Aug 16 – Logistic company MetroTrans Investment Limited has invested Sh103 million in new buses as it modernizes fleets. The 14 Hino buses have been locally assembled by CFAO Mobility, Kenya’s automotive distributor, and financed by…

16 August 2024 - NAIROBI, Kenya Aug 16 – Kenya Electricity Generating Company (KenGen) has been inducted into the Morgan Stanley Capital International (MSCI) Frontier Markets Small Cap Index. Peter Njenga, KenGen’s Managing Director and CEO, said the induction has…

16 August 2024 - Mia le Roux made history on Women’s Day last week when she took home the crown as the first deaf woman to win Miss South Africa. “It was such a big pinch-me-moment; almost too big to comprehend. It was such a big dream, and then my brain had to take…

16 August 2024 - Nearly 1.13 million tickets were sold in the six months, compared to 1.25 million in the same period last year.

16 August 2024 - Beyond tourism, it is set to play a vital role in connecting Mombasa to the rest of East Africa.

16 August 2024 - For many professionals in Africa, as is everywhere else in the world, career advancement is a crucial component of selecting a company to work for. Highly sought-after companies are those that offer clear career paths and have a history of internal…

16 August 2024 - South Africa's rand is experiencing its longest winning streak in 13 years. The currency has gained for nine consecutive days, reaching its highest closing level in five weeks.

16 August 2024 - Kenya is set to become home to East Africa's largest medical liquid oxygen plant following the launch of a new project at Tatu Industrial Park.

16 August 2024 - AUG 16 – MultiChoice has cut monthly charges for GOtv Supa+, allowing users to save on entertainment spending. The price has been reduced by Sh700 to Sh3,000, with the offer running until November this year. “At MultiChoice, we are dedicated to…

16 August 2024 - Nigeria’s Ministry of finance has introduced a $500 million dollar-denominated bond aimed at attracting investment from both domestic and international investors.

16 August 2024 - By Hasnain Noorani Aug 16 – If you’ve ever traveled to Mombasa, you know that the beauty of the coast is matched only by the challenge of getting there. For years, the Likoni Ferry has been a bottleneck, often turning what should be a quick trip into…

16 August 2024 - The inclusion in this index underscores its robust financial performance.

16 August 2024 - The country is on track to thrive against global economies.

16 August 2024 - Nigeria is seemingly a couple of weeks away from securing another $500 million loan from the World Bank. The West African country has more than once this year attempted to secure this same amount from the same organization.

16 August 2024 - ABUJA, Aug. 16 (Xinhua) — Nigeria’s headline inflation rate declined to 33.40 percent in July after a persistent rise in almost two years, the latest report released Thursday by the country’s statistics bureau showed. The consumer price index, a main…

16 August 2024 - AUG 16 – Nothing is stopping child sexual abuse imagery spreading on WhatsApp, a safety group has warned. The Internet Watch Foundation (IWF) is calling on Meta, which owns WhatsApp, to do more to protect children and put mechanisms in place. The…

16 August 2024 - NAIROBI, Kenya, Aug 16 – Foreign Affairs Principal Secretary, Korir Sing’Oei, has announced the government’s intention to extend the second phase of the Standard Gauge Railway (SGR) to Kisumu port and Malaba. This ambitious project aims to bolster…

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