08 August 2024
- A majority of European cities have huge populations but due to an extremely effective public transport system, there is little congestion and few delays.
08 August 2024
- KISUMU, Kenya Aug 8 – The Sugar Pricing Committee has come under fire for reducing the price of sugarcane based on the retail price of sugar. Francis Wangara, Secretary General of the Kenya Union of Sugarcane Plantation and Allied Workers (KUSPAW),…
08 August 2024
- In line with ongoing efforts to become an open economy, Ethiopia's securities exchange is expected to begin operations in October, according to its chief executive.
08 August 2024
- NAIROBI, Kenya, Aug 8 – Public Procurement Regulatory Authority, in partnership with GIZ and Strathmore University’s @iLabAfrica, has announced the launch of the upgraded Public Procurement Information Platform. The fully automated PPIP will be used…
08 August 2024
- AUG 8 – South Korean technology tycoon, Kim Beom-su, who is also known as Brian Kim, has been indicted on charges of stock price manipulation. Kakao executives led by Mr Kim have been accused of buying large amounts of shares in K-pop agency SM…
08 August 2024
- AUG 8 – The compensation that egg donors receive will rise for the first time in over a decade in the UK, but people should not donate purely for the money, the fertility regulator has warned. It is illegal to pay someone for their eggs in the UK but…
08 August 2024
- Recognizing that not all nations in Africa are equally hospitable to families with children is essential when choosing travel destination on the continent. While Africa is sometimes known for its hospitality, some parts of the continent might not be…
08 August 2024
- Nomaza Nongqunga Coupez’s art residency program facilitates practice focused visits to the South ff France for female South African artists, resulting in their transformative empowerment. God knew the African woman was going to have a very, very hard…
08 August 2024
- AUG 8 – Kenya’s President William Ruto must be feeling punch-drunk – after suffering another blow to his plans to raise taxes for his cash-strapped, debt-burdened government. After the recent widespread anti-tax protests – that saw parliament set…
08 August 2024
- MEXICO CITY, Aug. 8 (Xinhua) — Mexican President Andres Manuel Lopez Obrador said on Wednesday that 16.8 billion U.S. dollars were invested in a new refinery operating in southeast Mexico, with most of the funding derived from combating fuel theft.…
08 August 2024
- Thursday 8th of July marked a fresh start for Kenya’s current administration under president William Ruto. President Ruto witnessed the swearing in of his new cabinet members. This is following the National Assembly’s approval of the 19 names from…
08 August 2024
- NAIROBI, Kenya, Aug 8 – Nairobi businesses are counting losses as anti-government demos pushing for good governance and calls for the resignation of President William Ruto start. A spot-check by Capital Business in the Central Business District (CBD…
08 August 2024
- According to the Creditinfo data, new negative personal listings fell by 777,388 or 35 percent between 2019 and 2020 despite the Covid-19 economic disruptions, as the State interventions...
08 August 2024
- Safaricom PLC has announced a Ksh10 million sponsorship for the Kenya Paralympics Team, to support them in the 2024 Paralympic Games in Paris. The sponsorship includes cash support and in-kind support.
08 August 2024
- AUG 8 – Australian airline Qantas says it will slash the exit package of its former chief executive Alan Joyce after a series of scandals and costly legal cases that resulted from decisions made during his time in charge. The A$21.4m ($14m; £11m)…
08 August 2024
- NAIROBI, Kenya Aug 7 – Ribbeck Law Chartered (RLC), a law firm based in the United States that is representing Kenyan as well as other families of the 2019 Ethiopian Airline’s Boeing 737 Max plane crash victims, is pushing for higher compensation. On…
08 August 2024
- According to the annual supervision report by CBK, Kenyan lenders in the region recorded a cumulative gross profit of Sh66.13 billion in 2023.
08 August 2024
- The new CBK governor, Dr Thugge, justified the move to go for new notes for all the denominations as an important step to address stockouts.
08 August 2024
- National Assembly Majority Leader Kimani Ichung’wa has tabled the Kenya Revenue Authority (Amendment) Bill, 2024 to Parliament to effect the changes
08 August 2024
- Thinking for yourself is not about copying, doing a ‘cut and paste’ from past innovations. Or, working from the one of thousands of business frameworks, hammered together from forests of past...
08 August 2024
- CBK Governor Kamau Thugge said yesterday that the IMF drawdown is part of the revised external borrowing target of Sh360 billion in the current year.
08 August 2024
- Manufacturing, education, agriculture, health—no sector has been spared the ravages of this menace. It is as if the very engines of progress have been sabotaged by those entrusted to steer the...
08 August 2024
- Throughout the year, the value of dollar-denominated currencies continued on a growth trajectory, oscillating between 10 percent and 25 percent, as the shilling continued depreciating.
08 August 2024
- The IDR 2024 identifies three ingredients for the long-term success of industrial policy: wide societal consensus, government capability and proper financing.
08 August 2024
- The collapse of a plan to raise new and higher taxes this financial year has prompted the William Ruto administration to slash the total budget by Sh145 billion