Business

27 May 2024 - According to data from the Economic Survey 2024, the real interest rate for the 91-day Treasury bill rose to a multi-year high of 9.1 percent from just 0.23 percent in 2022.

27 May 2024 - The Nairobi Securities Exchange-listed firm’s latest annual report shows the stake dropped from 90 percent the prior year.

27 May 2024 - The firm had raised Sh5.7 billion through the bond in multiple transactions starting in 2019, with the funds used to develop its branded student hostels.

26 May 2024 - Farmers have demanded that millers pay Sh5,900 per ton of cane as ordered by court but millers are advocating for Sh5,100.

26 May 2024 - Mombasa-Nairobi expressway was expected to be in place even before the Nairobi Expressway.

26 May 2024 - Fees that were being paid for the road licence were now factored into the Road Maintenance Levy.

26 May 2024 - Infrastructure is essential for social progress, economic expansion, and regional integration, including in African countries. However there is a serious infrastructure gap in Africa, and many of the continent's nations suffer from a lack of…

26 May 2024 - President Ruto said CBK will be re-established based on the proposed Coffee Bill 2023.

26 May 2024 - ADDIS ABABA, May 26 (Xinhua) — The African Union (AU) has reiterated the crucial need to redouble continental efforts to silence the guns in Africa and realize a conflict-free continent as it marks the 20th anniversary of the AU Peace and Security…

26 May 2024 - NAIROBI, Kenya, May 26 – Illicit online platforms offering cut-rate access to films and TV series are often fundraising channels for syndicates involved in everything from child porn to sex-trafficking, drugs and terrorism. Law enforcement teams across…

26 May 2024 - NAIROBI, Kenya, May 26 – Infobip, a global cloud communications platform, has emphasised the need for healthcare providers to adopt automated, omnichannel communication solutions to enhance patient experiences, both in-person and at home, in Kenya.…

26 May 2024 - A Kenyan entrepreneur is leading innovative practices to transform Kenya's agricultural sector.

26 May 2024 - Miraa farmers are worried as the crop faces threats of being banned in Mombasa and Kilifi counties.

26 May 2024 - Burkina Faso's junta will stay in power for an additional five years after participants in national talks on Saturday proposed extending the transition back to democracy by 60 months from July, as outlined in the text of a newly approved charter.

26 May 2024 - KenGen has set aside more than 300 hectares of land in Olkaria, Naivasha, Nakuru county for a green energy park.

26 May 2024 - Miraa or khat, and muguka, are popular stimulant crops predominantly grown in parts of Meru and Embu.

26 May 2024 - By Pieter Prickaerts One of the concerns in the health insurance industry is the increase in claims frequency in recent years, consequently leading to additional increases in costs. The increase in claims has intensified the burden of claims processing…

26 May 2024 - The Kenya Film Classification Board (KFCB) has recently sent notices to several prominent Kenyan content creators, warning them to obtain filming licenses within 14 days or face legal action.

26 May 2024 - The boys team’s 4-0 quarterfinal victory against Asian representatives Qatar in the International Schools Sports Federation (ISF) football World Schools Championships (WSC) was overturned.

26 May 2024 - YANGON, May 26 (Xinhua) — Myanmar is expected to earn 805 million U.S. dollars from aquatic exports this fiscal year, with fish and shrimp exports projected to increase, the state-run television channel MRTV reported on Sunday, citing Nyunt Win,…

26 May 2024 - NAIROBI, Kenya, May 26 – Digital payments solution provider Onfon has unveiled its Buy Now, Pay Later (BNPL) services in Kenya. Onfon seeks to tap into the growing BNPL market in Kenya to provide consumers with an array of smartphones. Through Onfon’s…

26 May 2024 - The Scrap Metal Council under the State Department of Industry has suspended the issuance and renewal of export licenses with immediate effect.

26 May 2024 - MAY 26 – A leading think tank has issued a stark warning about the financial challenges awaiting the next government. The Institute for Fiscal Studies (IFS) says the state of public finances hangs over the election campaign “like a dark cloud”. It warns…

26 May 2024 - NAIROBI Kenya, May 25 – Online retailer Copia Kenya has appointed Makenzi Muthusi and Julius Ngonga of KPMG as joint administrators of Copia Kenya Limited. In a notice seen by Capital Business, the company states that all the affairs, business, and…

26 May 2024 - Kenya is known as the Silicon Savannah - thriving in innovation and teeming with youthful talent that has created economic opportunities and jobs.

26 May 2024 - Supermarkets co-founder James Karani Gitao daughter accused of forging his will to conceal assets.

26 May 2024 - There are mountains of sorrow that cannot move; and one way or another, we’ll all kneel there.

26 May 2024 - As Comesa embarks on this transformative journey, let us seize this opportunity to actualise prosperity for all member states and build a brighter tomorrow for generations to come.

26 May 2024 - The summit is expected to serve as a platform for mutual prosperity.

25 May 2024 - The truck owners have sued KPA, Mombasa County, and the Attorney General to overturn the new levy of Sh700 on commercial vehicles entering Mombasa Port and its extensions.

25 May 2024 - Budgeting can be tedious, especially for beginners. Yet without it, accomplishing any of your goals is impossible. With many budgeting strategies to choose from, it is essential you pick one that aligns with your immediate needs. If you plan to save…

25 May 2024 - Facebook returns to most prominent social media platform in the three months to March.

25 May 2024 - MAY 25 – Families of the victims of the Uvalde school shooting are suing the manufacturer of the gun used in the attack, the maker of a video game and Instagram parent company Meta. In two new lawsuits, they claim the companies helped promote dangerous…

25 May 2024 - Zimbabwe has officially granted an operating license to Starlink, the satellite internet service provider owned by Elon Musk's SpaceX, to operate in the country.

25 May 2024 - NAIROBI, May 25 (Xinhua) — Five people were killed on Friday following the collapse of a gold mine in the northern Kenyan county of Marsabit, according to local officials. Marsabit County Police Commander Patrick Mwakio told Xinhua by telephone on…

25 May 2024 - Healthy eating may be affordable or expensive depending on where you live. Healthy eating in Nigeria, Africa's largest economy makes this disparity particularly glaring. Nigeria consists of 36 states with varying costs of living and as a result,…

25 May 2024 - I have previously reported on cases of rabies in cattle and dogs, each from a different perspective that helps to understand the different aspects of this deadly disease.

25 May 2024 - Experts want agro-pastoralists given practical training to make them understand the new environment and realities of global warming.

25 May 2024 - NEW DELHI, May 24 (Xinhua) — Zee Entertainment Enterprises Ltd. (ZEEL), an Indian media and entertainment company, has demanded a termination fee of 90 million U.S. dollars from the Sony Group for calling off a 10-billion-dollar merger deal in January…

25 May 2024 - NAIROBI, Kenya, May 2National Bank of Kenya’s (NBK’s) pre-tax profit grew 217 percent to Sh535 million in the three months to March 2024 compared to a similar period last year, boosted by an increase in operating income. The lender’s profit before tax…

25 May 2024 - CAK hit Carrefour with a Sh1.1 billion fine over the structuring of its contracts with suppliers, a decision it said it would appeal.

25 May 2024 - The KRA tax amnesty programme is a limited time offer and the expiration date is nearing.

25 May 2024 - Themed "Game Changers," the two-day conference scheduled for June 27-28 2024, will provide insights to help businesses navigate the evolving global landscape.

25 May 2024 - WINDHOEK, May 24 (Xinhua) — Namibia has secured over 100 million U.S. dollars in financing to support the construction of a 40-MW biomass power station. The southern African nation on Friday signed a loan agreement, an engineering, procurement and…

25 May 2024 - NAIROBI, May 24 (Xinhua) — Kenya’s foreign exchange reserves shrank by a record 191 million U.S. dollars this week, falling below the 7 billion-dollar mark to stand at 6.98 billion dollars on Friday, the central bank said in its update on financial…

25 May 2024 - Last year, about 141 of the 517 key budget documents were still not publicly available .

25 May 2024 - Tea multinationals have had long-running disputes with communities in South Rift.

25 May 2024 - Food waste in Kenya has far-reaching implications such as environmental impact. The decomposing food also produces methane gas, a potent greenhouse gas accelerating climate change.

25 May 2024 - Local firms have bagged billions of shillings in cheap loans that is expected to increase adoption of electric vehicles in the country.

24 May 2024 - EABL is warning of massive job losses in the alcoholic beverage value chain if the government pushes through with its intention to increase taxes on the industry in the coming financial year.