09 August 2024
- The National Treasury Cabinet Secretary will regain powers to waive penalties and interest for taxpayers if the government's proposed law sails through in Parliament.
This is a reincarnation of what has been proposed in the Finance Bill, 2024…
09 August 2024
- AUG 9 – The stock index of the UK’s biggest publicly-listed companies edged higher on Friday after concerns eased over the state of the US economy. The FTSE 100, which is made up of the country’s biggest businesses including banks, airlines and…
09 August 2024
- NAIROBI, Kenya, Aug 9 – The Salaries and Remuneration Commission (SRC) has released the Fourth Quarter Wage Bill Bulletin for the financial year 2023/2024, revealing that allowances and benefits make up the largest portion of public sector wage…
09 August 2024
- As Standard Group Board of Directors on 5th August officially welcomed Ms Marion Gathoga-Mwangi, the newly appointed CEO, the mood at the company was as gloomy as the cloudy weather outside, perhaps signalling what she is up against.
09 August 2024
- Kenya’s mineral exploration since independence has predominantly been spearheaded by private companies. Over the years, these companies have identified various mineral deposits countrywide.
09 August 2024
- Jubilee Asset Management Limited (JAML) has formally launched a USD Money Market Fund dubbed Jubilee Money Market Fund (USD). The Jubilee Money Market Fund (USD) caters to investors seeking stable and predictable US Dollar-denominated returns, aiming…
09 August 2024
- The company launched the buyback on February 6, 2023, with a target of closing it on August 2, 2024 or earlier if the company was to achieve the full target of shares.
09 August 2024
- The company says it plans to invest an additional Sh300 million in mining and technological equipment, on top of the Sh1 billion investments it has already made.
09 August 2024
- NAIROBI, Kenya, Aug 9 – Businessman Jimi Wanjigi has taken legal action against the Director of Public Prosecutions (DPP) Renson Igonga and the Inspector General of Police (IG) Gilbert Masengeli following a raid on his Muthaiga residence on Thursday…
09 August 2024
- CAIRO, Aug. 8 (Xinhua) — Hisense Group, a Chinese multinational major appliance and electronics manufacturer, in partnership with the United Arab Emirates’ FBB TECH company, signed on Thursday a land lease contract with Egypt-TEDA SEZone Development…
09 August 2024
- NAIROBI, Kenya, Aug 9 – Manufacturing exhibitors from Africa, Asia, and Europe are congregating in Nairobi for the 8th edition of the Agro-Food Pack exhibition. The expo is set to last for three days, hosting over 200 exhibitors from the three…
09 August 2024
- NAIROBI, Kenya, Aug 9 – Manufacturing exhibitors from Africa, Asia, and Europe are congregating in Nairobi for the 8th edition of the Agro-Food Pack exhibition. The expo is set to last for three days, hosting over 200 exhibitors from the three…
09 August 2024
- NAIROBI, Kenya, Aug 9 – Stanbic Bank has declared an interim dividend of Sh1.84 per share as profit grows to Sh7.2 billion in the half year ending June 2024. The lender, which has operations in Kenya and South Sudan, attributes a 2 percent growth in…
09 August 2024
- Setting a new African Record (AR) of 19.46 seconds, Botswana's Letsile Tebogo upset American track star and Olympic gold medalist Noah Lyles to win the 200 meter race. Lyles had been the favorite to win the race following his equally historic 100…
09 August 2024
- The 60 percent jump in the interim dividend was despite the net profit growing marginally by 2.3 percent to from Sh7.05 billion in the previous similar half-year.
09 August 2024
- Sprinter Letsile Tebogo made history for Botswana and Africa when he was crowned Olympic 200-meter champion in Paris in a moving story that is about much more than just gold medals. Tebogo raced to victory 19.46, ahead of a pair of Americans in Kenny…
09 August 2024
- The benefits of a strong passport are clear: easier access to more destinations, smoother travel experiences, and even better chances of avoiding long queues at border control.
09 August 2024
- MOSCOW, Aug. 8 (Xinhua) — Russian President Vladimir Putin signed a law on Thursday, officially legalizing cryptocurrency mining in the country from November 2024, according to a document published on the government portal of legal information. Under…
09 August 2024
- Court of Appeal judges concurred with KeNHA that its operations would be severely impacted if the firm were allowed to garnishee, attach, and pay out of its Sh765.6 million.
09 August 2024
- In April, the Ethiopian Securities Exchange (ESX) established last October, concluded its capital-raising exercise, achieving more than double the funds needed to commence operations. The Ethiopian Securities Exchange (ESX) will officially launch…
09 August 2024
- Prior to the rollout of the Data Protection Act, lawyers and advocates were mostly employed in the traditional litigation, conveyancing, advisory, compliance and due diligence fields.
09 August 2024
- 'The kind of world I’m leaving my children in. Will they be valuable to society, be God-fearing, and have a positive impact? Or will they get carried away? Will they miss the mark? Will they get...
09 August 2024
- 'In the next two years, we want to be in all major towns, for instance, we have already bought over 15 charges to cover the major 15 towns and we will be growing along all the major highways.'
09 August 2024
- Ghana National Gas Company excels in constructing and operating natural gas infrastructure, ensuring steady supply, promoting sustainability, and fostering community development. “We are committed to enhancing lives through our energy solutions,…
09 August 2024
- A dealer interested in buying Mobius will be looking at the potential to grow its product range in the sports utility vehicle (SUV) market as well as using the company’s assembly facility for...
09 August 2024
- AUG 9 – Delta Airlines has expressed frustration with CrowdStrike in a new letter on Thursday, as the two companies continue to trade jabs after last month’s massive global network outage. The US-based carrier accused the cybersecurity company of “…
09 August 2024
- HOUSTON, Aug. 9 (Xinhua) — U.S. construction startup ICON will finish the last few of its planned 100 3D-printed houses in Texas this summer, according to a Reuters report. ICON, which 3D-printed its first home in Austin, Texas in 2018, began…
09 August 2024
- NAIROBI, Aug. 9 (Xinhua) — Kenya seeks to leverage foreign funding and technology to boost the mining sector, a government official said Wednesday. Through international partnerships, the contribution of the mining sector can expand from the current…
09 August 2024
- NAIROBI, Kenya, Aug 9 – The Human Resource Management Professionals Examinations Board (HRMPEB) is currently administering the third series of examinations for the CBET Diploma and Certificate in HRM. The exams, which started on August 7 and end…
09 August 2024
- NAIROBI, Kenya, Aug 9 – The Human Resource Management Professionals Examinations Board (HRMPEB) is currently administering the third series of examinations for the CBET Diploma and Certificate in HRM. The exams, which started on August 7 and end…
09 August 2024
- NAIROBI, Kenya, Aug 9 – The Human Resource Management Professionals Examinations Board (HRMPEB) is currently administering the third series of examinations for the CBET Diploma and Certificate in HRM. The exams, which started on August 7 and end…
09 August 2024
- The government has issued an update on how to improve education standards, revealing that it has allocated billions of shillings to improve to the sector which will also help in enhancing the new funding model for universities and Technical…
09 August 2024
- In an application at Nairobi’s Court of Appeal, MWSC argued that it needed to be in control of the parcel of land hosting the sewage plant and had already entered into a sale agreement with...
09 August 2024
- A spot check within the Nairobi CBD revealed that most business premises, including supermarkets, banks, and phone shops, have now been fitted with heavy steel doors or grills to curb break-ins.
09 August 2024
- The country's trade deficit--the gap between the value of exports and imports-- had narrowed by 7.15 percent to Sh755.81 billion in a similar period last year.
09 August 2024
- The EPA agreements remain the most emblematic of Kenya's enthusiastic embrace of trade liberalisation and acceptance of the inevitable tide of trade.
08 August 2024
- NAIROBI, Kenya, Aug 8 – Equity Bank Group has announced a Sh2.8 billion scholarship that will be paid for 113 students who have been admitted to top global universities. The Equity Leadership Program (ELP), a social arm of the bank, scholars have…
08 August 2024
- The extensive coastline for numerous African countries has become a key asset with significant implications for the continent's economic and environmental landscape. The continent of Africa houses a fairly equal mix of coastal and landlocked…
08 August 2024
- Ghana, Africa’s leading gold producer, has launched its first gold refinery to capture more value from its abundant natural resources.
08 August 2024
- There is a certain hard-nosed resilience that comes with being a female entrepreneur in the medical space. Dr Esperance Luvindao had many hurdles and naysayers in her journey but is working to ensure quality healthcare actually reaches everyone. “…
