Business

14 August 2024 - For the fourth month in a row, Ghana’s inflation has slowed down. Inflation rate for the West African country for July, declined to 20.9% year on year from 22.8% in June.

14 August 2024 - Millers produced 384,552 tonnes of sugar in the six months to June 2024, a 123.4 percent increase.

14 August 2024 - Lawyers deserve to be compensated for their work because the law practice is a career just like any other.

14 August 2024 - SINGAPORE, Aug. 14 (Xinhua) — A total of 1.6 million visitor arrivals were recorded in Singapore in July, up 12.9 percent year-on-year, according to the latest statistics released by the Singapore Tourism Board. The Chinese mainland topped Singapore’…

14 August 2024 - NAIROBI, Kenya Aug 13 – The British American Tobacco Kenya saw a 54 percent reduction in its scope 1 and 2 greenhouse gas emissions last year, which is within the 2030 target of a 50 percent emission cut. This is contained in its 2023 Sustainability…

14 August 2024 - Nairobi, Kenya, Aug 13 – Britam’s innovation hub, BetaLab, has picked six potential startups to join its 12-week pre-incubation program. The initiative seeks to provide solutions in Kenya’s financial services sector, addressing pressing issues in…

14 August 2024 - Coffee buyers at the weekly auction purchased Sh650.7 million produce at the Nairobi Coffee Exchange (NCE).

14 August 2024 - •Communication in the workplace should prioritise asking questions rather than simply giving orders or instructions •A central tenet of ‘Humble Inquiry’ is that good communication depends on strong relationships

14 August 2024 - Gaming consoles have become a cornerstone of modern entertainment, transforming from simple, rudimentary devices into powerful machines capable of delivering immersive, cinematic experiences.

14 August 2024 - By Steven Maleche AUG 14 – For Kenyans in the diaspora, the desire to contribute to the growth and development of their country is evidenced by the $4.3 billion they remitted into the country in 2023, up from $4 billion the previous year, according…

14 August 2024 - By Catherine Muraga AUG 14 – In the rapidly evolving landscape of artificial intelligence (AI), Africa stands at a crossroads. Emerging technologies like AI and machine learning are no longer futuristic concepts but present-day realities shaping our…

14 August 2024 - TOKYO, Aug. 14 (Xinhua) — Tokyo stocks closed higher on Wednesday as confidence was bolstered by gains of stocks in the U.S. market overnight. Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 209.92 points, or 0.58…

14 August 2024 - NAIROBI, Kenya, Aug 14 – The Kenya Revenue Authority (KRA) has won a value-added tax (VAT) fraud case against a Chinese firm. According to the taxman, the company evaded taxes by wiring incomes through shell companies to accounts in China. The fraud…

14 August 2024 - NAIROBI Kenya, Aug 14 – The Kenya National Highway Authority (KeNHA) is proposing the Road Tolling Policy that will help the country repay loans used to fund major road projects and fund new ones. Already, KeNHA has proposed a tolling policy on the…

14 August 2024 - Kenya needs to improve its revenue collection mechanisms to reduce reliance on borrowing.

14 August 2024 - The rise of TikTok live selling emerged out of Covid-19 many businesses were to close their physical stores

14 August 2024 - At his office on Ngong Road, he looks out of the window and points out several buildings on the street that have his signature.

14 August 2024 - Once a preserve for coastal areas, flat-roofed homes are fast gaining traction across Kenya.

14 August 2024 - This helped to cancel out reduced sales to other key buyers.

14 August 2024 - The PSSF is already the second largest pension scheme in the country, dwarfed only by the National Social Security Fund.

14 August 2024 - AUG 14 – Chinese car maker Zeekr says its new electric vehicle (EV) batteries charge faster than any of its rivals, including industry leader Tesla. The firm says its upgraded batteries can be charged from 10% to 80% capacity in 10 and a half minutes…

14 August 2024 - NAIROBI, Aug. 14 (Xinhua) — Policymakers, scientists, and industry leaders from China, Africa, and the International Maize and Wheat Improvement Center (CIMMYT) convened in Nairobi, Kenya, Tuesday to launch a forum aimed at advancing agricultural…

14 August 2024 - NAIROBI, Aug. 14 (Xinhua) — Experts from the Common Market for Eastern and Southern Africa (COMESA) met in the Kenyan capital of Nairobi on Tuesday to discuss ways to promote the region’s leather sector. The two-day COMESA workshop on the validation…

14 August 2024 - mTek, a Kenya-based digital insurance platform, has teamed up with BuuPass to offer travel insurance coverage for travellers against any travel-related damages.

14 August 2024 - Foreign buyers factor in protests and latest Moody's and Fitch credit ratings in their purchase decisions

14 August 2024 - So far the government has already renegotiated 26 contracts with Independent Power Producers.

14 August 2024 - According to transporters, the move will make the Northern Corridor more costly.

14 August 2024 - One of the firms is enjoying an incentive of 10 per cent corporate tax instead of 30 per cent.

14 August 2024 - Lenders have linked the decline on reduced appetite for credit.

14 August 2024 - Base Titanium is expected to spend $7m (Sh907m) towards laying off workers once it shuts down the Kwale mine.

14 August 2024 - Increased exports by neighbour help cut use of expensive thermal power.

14 August 2024 - The committee was to conduct an inquiry and present a report to the House in 120 days with suggestions on how to cushion consumers

14 August 2024 - Top three performers from the 12-week programme will qualify for incubation within the BetaLab programme.

14 August 2024 - EACC says the contract was awarded irregularly to eight companies.

14 August 2024 - The United States (US) and asset financier Mogo have reaffirmed their commitment to supporting Kenya's efforts in transitioning to electric mobility (e-mobility) as a shared priority.

14 August 2024 - KenGen is planning to build a battery energy storage system that will store excess energy from its geothermal power plants in Olkaria to be used when demand goes up. 

14 August 2024 - Given the significant number of young people accessing the internet and social media, there lies a huge potential to harness digital pathways for sustainable development.

14 August 2024 - Firm wants to blend insiders with local and international talent to ensure the business starts strongly.

14 August 2024 - Kenya is among the countries in the continent that are eligible to access duty-free markets in the US through the Africa Growth Opportunity Act (Agoa) with a range of 6,400 products.

14 August 2024 - Sylvia Jebet believes mechanised farms will play a key role in easing the burden of farming across the country.

14 August 2024 - Amazon founder Jeff Bezos has been investing through his personal venture fund, Bezos Expeditions, in Ghanaian fintech Chipper Cash for the past four years.

14 August 2024 - The Chinese firm stated that it purchases a lot of materials in its line of business

14 August 2024 - Dangote Group has denied recent reports claiming that it has set the pump price of petrol at N600 per litre for sale to marketers across the country.

14 August 2024 - Despite the significant growth seen over the past two decades of liberalization, Nigeria's telecom sector now faces serious threats due to rising costs and unsustainable pricing.

14 August 2024 - While there were no riots, the economy felt it. Many Kenyans stayed at home. Empty roads and closed shops mean lost sales and an economic slowdown.

14 August 2024 - Britam's BetaLab is committed to fostering a thriving innovation ecosystem and empowering the next generation of entrepreneurs.

14 August 2024 - Between July and August 2024, the training brought together over 110 participants (nearly 50 per cent female) from across seven participating EAC countries.

13 August 2024 - Kenyan online taxi-hailing company Faras on Tuesday said it had set the minimum cost for rides at Ksh.240.

13 August 2024 - The report says the government spent Sh14.45 billion to import over 2.8 million 20-litre jerrycans of edible oils out of which only Sh12.05 billion was paid.

13 August 2024 - In anticipation of the Dangote refined Premium Motor Spirit, popularly called petrol, set to begin sale in August, marketers have revised their projections to a lesser potential cost. Back in July, marketers expressed concern over the sale of Dangote…