Business

24 May 2024 - The country is courting Rwanda for more exports after after Uganda opted to import its own.

24 May 2024 - Unit trusts or collective investment schemes added Sh10.3 billion in assets in the first three months of the year.

24 May 2024 - In President William Ruto’s view, the notion that Kenyans are overtaxed is a big myth.

24 May 2024 - The Business Registration Service has assumed registration of trusts under a new law.

24 May 2024 - Healthcare is a basic need.

24 May 2024 - In respect of SGR, electrification should be done all the way from Mombasa to Uganda and beyond.

24 May 2024 - There is a gem of an art exhibition that has been continuing all this past week at Spinners Web.

24 May 2024 - Africa Day is marked on May 25th as the anniversary of the formation of the Organisation of African Unity.

24 May 2024 - Some 22 Kenyan students have received scholarships worth Sh997 million by North American universities.

24 May 2024 - It was pure coincidence that two of our favourite comedy theatre companies staged shows this past weekend.

24 May 2024 - You just know you are out of your depth when you find yourself in a club where the rasta deejay wears sunglasses the whole time.

24 May 2024 - A lot has been written about the warehouse receipt system (WRS).

23 May 2024 - EACC has seized two homes in Runda and three apartments in Kilimani belonging to Jimmy Kiamba.

23 May 2024 - Experts warn that increased taxes on money transfers will push away taxpayers. Bankers say proposed levies would put more financial burden on customers.

23 May 2024 - If a new Bill is passed the government entities will become limited private companies. Last year, President Ruto said the government would privatise 35 state companies.

23 May 2024 - Affordable housing, however, while being an area of interest for almost a decade due to the Government's push, appears not to be as vibrant as other asset classes.

23 May 2024 - In an era where the boundaries between work and personal life are increasingly blurred, a new trend is emerging, shifting the way we approach our daily grind and overall productivity. The trend, known as ‘chronoworking’, marries the concepts of time (‘…

23 May 2024 - Private infrastructure investment has significant potential to remedy infrastructure deficits in low- and middle-income countries, notably in Africa. This is why it has been an area of focus for international investors trying to enter the African market…

23 May 2024 - NCBA Bank Kenya, one of the country’s largest lenders, kicked off earnings season with a 5% rise after posting Ksh5.3 billion profit after tax in the 1Q of 2024. In the first three months to this March, most metrics of its businesses were solid as it…

23 May 2024 - Multiple-launch rocket systems are important artilleries any military can boast, including in Africa. These advanced and potent weapon systems provide important operational and strategic advantages when tackling anything from insurgency to territory…

23 May 2024 - In the 1980s, manufacturing in Kenya was such a big deal that the government of Daniel arap Moi dared to join the league of automakers.

23 May 2024 - African startups fell by around 27 percent in 2023, while the number of investors dropped by half.

23 May 2024 - I&M Group has posted a 30.9 percent jump in net profit to Sh3.32 billion in the first quarter of trading ended March 2024 on increased interest income.

23 May 2024 - LIVE: Ruto State reception at the White House

23 May 2024 - ICPAK says the proposal to reclassify the supply of ordinary bread from zero-rated to standard-rated will increase the price of bread which is a staple food for most Kenyans.

23 May 2024 - NAIROBI, Kenya, May 23 – Kenya Airways (KQ) network is gradually returning to normal after the unscheduled grounding of two of its 787 Dreamliners, which disrupted various passengers flight schedules. In a statement, KQ confirmed that it has already…

23 May 2024 - NAIROBI, Kenya, May 23 – I&M Group profit after tax grew by 33.3 percent to Sh3.6 billion in the three months to March this year compared to a similar period on improved interest and operating revenues. In a similar period in January and March 2023…

23 May 2024 - NAIROBI, Kenya, MAy 23 – Japanese pain manufacturer Kansai Coatings Kenya has entered into Members’ Voluntary Liquidation, a less costly process of terminating a firm that is about to wind up operation.  Kansai says the decision was formalized during an…

23 May 2024 - In its proposals the taxman says Sh57 billion allocation will be required to meet its goals.

23 May 2024 - KIGALI, May 23 (Xinhua) — The International Monetary Fund (IMF) on Wednesday announced the approval of 164.6 million U.S. dollars in funding for Rwanda to strengthen its economic resilience against future climate shocks. The package includes 76.2…

23 May 2024 - Ruto will be celebrated at a dinner lit by 1,000 candles.

23 May 2024 - The CEO, Daniel Kamau, has been picked as his alternate representative

23 May 2024 - U.S. President Joe Biden is likely to officially recognize Kenya as a major non-NATO ally during Kenyan President William Ruto's three-day state visit to the United States this week.

23 May 2024 - IFC reveals plans to top up the debt ($157.4 million) and equity investment ($100 million for a 7.25 percent stake) it already injected into the telco last year.

23 May 2024 - Niger has decided to keep its borders with Benin closed. This is despite the fact that a bilateral road transport deal between Niger and Benin had in the past been established. Niger’s rationale for the closure relates to security concerns, specifically…

23 May 2024 - The United Nations Development Programme Africa (UNDP Africa) will host a high-level panel discussion on credit rating in partnership with Africatalyst.

23 May 2024 - Kenya's President William Ruto poses for a picture with US President Joe Biden at the South Portico of the White House in Washington DC, US on May 22, 2024.

23 May 2024 - Campaign fever has hit the Mount Kenya region as contestants seeking top leadership positions in the tea sector seek support of residents.

23 May 2024 - MAY 23 – I have never before heard of pegging an election launch to a set of economic statistics, but Prime Minister Rishi Sunak has clearly decided to go for an election on the back of Wednesday’s inflation figures, and the stronger than expected exit…

23 May 2024 - Mobile loan apps using AI and machine learning to profile customers using their data before approving or rejecting loan requests.

23 May 2024 - Airport hotels have become important parts of global travel infrastructure, serving the needs of business travellers, tourists, and airline crews.

23 May 2024 - NCBA follows the trend of increased earnings by tier I lenders, including KCB, Equity and Co-op Bank.

23 May 2024 - NAIROBI, Kenya, May 23 – Huawei Kenya plans to recruit 30 Kenyan university students through job and internship offers under its graduate trainee program. The Huawei Management Trainee Program (HMTP), an annual Huawei global flagship program that…

23 May 2024 - NAIROBI, Kenya, May 23 – Energy and Petroleum Cabinet Secretary Davis Chirchir and the European Commissioner for Energy Kadri Simson launched the Kenya Green Resilient Electricity System Programme during the International Energy Agency’s (IEA) 9th…

23 May 2024 - NAIROBI, Kenya, May 23 – Kenya Power is calling for a total ban on copper exports to curb rampant vandalism of power infrastructure. The utility company is also advocating for stringent action against rogue scrap metal traders. Its CEO and MD, Joseph…

23 May 2024 - HANOI, May 23 (Xinhua) — Intra-region travel remains a dominant trend among Vietnamese travelers, with 64.4 percent of Vietnamese tourists opting for nearby destinations within Asia for their next journeys, according to a report of Outbox Company, a…

23 May 2024 - Prior to joining Jubilee, he was the General Manager, Commercial and Operations at ICEA LION Life.

23 May 2024 - Kirui's body was discovered by a rescue team a few metres below the summit point of The Everest.

23 May 2024 - The development phase is quite costly and can take time. Many landowners in Kenya end up holding on to valuable but unutilised land that does not earn them any money in their entire lifetime. With the Vuka Investment Club, for example, you can start…

23 May 2024 - TOKYO, May 23 (Xinhua) — The wingtips of two Japan Airlines (JAL) passenger planes collided at Tokyo’s Haneda Airport on Thursday morning, local media reported. JAL said the incident occurred at around 7:30 a.m. local time. Both aircraft sustained…