Business

31 July 2024 - The East African Breweries Limited (EABL) Profit After Tax dropped by 12 per cent to Ksh.10.9 billion in the full year ending June 30th 2024.

31 July 2024 - Africa's second most populous country is pinning its hopes on a rescue package of at least $10.5 billion (Sh1.37 trillion) from external lenders including the IMF.

31 July 2024 - Governor Ochilo Ayacko said the two projects were a collaboration between the national government and his administration.

31 July 2024 - Results blamed on inflation, shilling devaluation, social unrest, and floods that ate into its net sales.

31 July 2024 - FaidiHR is an app-based platform aimed at streamlining the HR process, offering convenience to companies.

31 July 2024 - The high demand for the training, with over 1000 applications but only 75 spots available, highlights its importance.

31 July 2024 - Mogo is focusing on financing e-bikes and three-wheelers, making various brands of EVs accessible to Kenyans in Nairobi and other parts of the country.

31 July 2024 - The business has enabled him to secure a plot with rental houses, three outlets, and a mansion within Busia County.

31 July 2024 - Unlike traditional savings options, MMFs invest in instruments denominated in foreign currencies, offering a hedge against currency depreciation.

31 July 2024 - The lack of regulations not only leaves gaps but also raises questions as to the effectiveness and proper implementation of the functions of the Public-Private Partnerships Committee and the...

31 July 2024 - The journalist and the PR student undergo nearly the same training experience. Because both deal with information and communicate it.

30 July 2024 - Stanbic Bank Kenya and Fanaka Real Estate have Partnered to Offer Affordable Financing Solutions

30 July 2024 - TOKYO, July 30 (Xinhua) — Toyota Motor Corp. sold 5.16 million vehicles worldwide in the first half of 2024, retaining the top spot in global sales for the fifth consecutive year, data released by the Japanese automaker showed Tuesday. In the January-…

30 July 2024 - Following an outbreak of Monkeypox (mpox) within the East African region, the governments of the eight member states have embarked on a mission to impart the dangers of the disease to its citizens.

30 July 2024 - The need for honey in Kenya is urgent, as local production is insufficient to meet the demand.

30 July 2024 - The ongoing cost of living crisis in the country is affecting how Kenyans partake in their beloved Kenyan staple that has long been considered immune to recession -beer.

30 July 2024 - The average number of deposit accounts a bank employee handles has increased to 2,495 as financial institutions rely heavily on technology to improve operational efficiencies.

30 July 2024 - The Treasury CS nominee has been vocal in opposing tax hikes and now bridging the Sh346 billion budget gap is one of the major challenges awaiting him.

30 July 2024 - Wandayi who has been nominated for the post of CS Energy and Petroleum in March last year said in Parliament that the problem with Kenya's energy sector is that it is infested by cartels.

30 July 2024 - Local firms are looking for ways to link up with businesses owned by Africans abroad but also people of African descent, in an initiative that aims to boost investments in the country

30 July 2024 - France on Tuesday sided with Morocco on the matter of its sovereignty over the small Western Sahara country. This was a devastating setback to Algeria's Polisario Front, which claims the Western Sahara region as an independent state. Algeria, as a…

30 July 2024 - South Africa plans to approach the European Union to discuss its proposed tax on carbon-intensive imports, arguing that it will negatively impact the economies of BRICS nations.

30 July 2024 - Kenya Forest Service (KFS) has significantly raised timber movement permit fees. This increase is expected to impact timber product prices. Additionally, 18+ students applying for government scholarships must have a National ID. Posta is leasing office…

30 July 2024 - The KAA intimates that the Adani Airport Holdings proposal was privately initiated.

30 July 2024 - Fifteen years later, she has transformed the space with a beautiful mix of colour and art.

30 July 2024 - Corruption ranked 4th among the most important problems affecting Nigeria, Africa's most populated country in 2023, after the cost of living, insecurity and unemployment.

30 July 2024 - Despite the challenging environment, patient investors should keep markets like Kenya, Uganda and Tanzania on their radars.

30 July 2024 - People shy away from buying group insurance policies because they believe for one reason or the other, it is not for them.

30 July 2024 - HARBIN, July 29 (Xinhua) — The global wild tiger population has risen from approximately 3,200 in 2010 to around 5,500 in 2024, with countries such as China, Russia, India and Nepal doubling their wild tiger populations, according to the World Wildlife…

30 July 2024 - The Kampala City Traders Association (KACITA) has announced its decision to embark on a nationwide tomorrow following the abrupt cancellation of a meeting with President Museveni.

30 July 2024 - When I worked in large corporate environments, I often sought feedback. Sometimes, the feedback really hurt. But did it make me a better leader? Looking back, I’m not sure. Experience, experimentation, and learning from numerous mistakes were, in my…

30 July 2024 - The firm has partnered with M-Gas, which will provide pay-as-you-cook smart metres installed on TotalEnergies' LPG cylinders

30 July 2024 - French oil major TotalEnergies announced on Monday that it would withdraw from an offshore natural gas block off South Africa's southern coast, citing the commercial challenges of developing the finds, Reuters reported.

30 July 2024 - In a rapid response to ongoing vandalism and destruction, MTN Nigeria has closed all its stores and service centres nationwide.

30 July 2024 - NAIROBI, July 30 – The county governments of Isiolo, Marsabit, and Samburu have announced a joint investment conference dubbed ‘Redefining Northern Kenya as an Investable Destination’. The event slated for August 5, 2024, aims to highlight investment…

30 July 2024 - NAIROBI, Kenya, July 30 – Centum Investment Company profit after tax for the full year ended March this year grew to Sh2.5 billion, an improvement from a net loss of Sh9 billion during a similar period in the preceding fiscal year. Centum Group CEO…

30 July 2024 - 409,164 visitors arrived in the country through JKIA and Moi International Airport, a 10 per cent jump from last year.

30 July 2024 - NAIROBI, Kenya, July 30 – NCBA has announced that it will waive monthly account maintenance fees for its retail banking customers, effective July 1, 2024. The lender says the move is anchored on enhancing customer satisfaction and adapting to the…

30 July 2024 - The ten startups will participate in a structured program designed to support their growth.

30 July 2024 - NAIROBI, Kenya, July 30 – Kenya and Uganda have held discussions on the possible extension of the petroleum products pipeline from Eldoret to Kampala, Uganda. This follows a meeting that was held last week between Uganda’s Minister of Energy and…

30 July 2024 - Consumer, Commercial and SME banking accounts will benefit from the new adjustment

30 July 2024 - MPs' proceedings in Parliament

30 July 2024 - A significant impact of fintech credit providers is their ability to empower underserved communities.

30 July 2024 - The bank hopes that the waiver will help accelerate its customer growth strategy.

30 July 2024 - Treasury earlier disbursed Sh686 million while the balance of Sh181 million was paid to cane growers last week.

30 July 2024 - Senior officials from the two countries held talks last week, setting the stage for the pipeline that is expected to ensure the supply and security of petroleum products in Uganda.

30 July 2024 - Net sales increasing 13 per cent to Sh124.1 billion.

30 July 2024 - Complaints about “inappropriate media content” surged to 44 in the quarter to June this year, up from zero in the previous two quarters.

30 July 2024 - The rise in the usage of the other mainstream platforms was accompanied by a surge in internet accessibility.

30 July 2024 - NAIROBI, Kenya, July 30 – Gem Forest Hotel Nairobi, MGallery’s flagship project, has reiterated its commitment to sustainability ahead of its full opening in September. Its director, Jigar Patel, emphasized a commitment to environmentally friendly…