Business

20 March 2025 - NAIROBI, March 19 (Xinhua) — A rise in attacks on ships along the Red Sea route by terror groups has disrupted the export of Kenyan tea to key markets in Europe and North Africa, the Tea Board of Kenya (TBK) said on Wednesday. The TBK said in a report…

20 March 2025 - MAR 20 – “This has been our family car for three years, and it has been an absolute dream,” says Ben Kilbey as he shows me his gleaming pearl-white Tesla Model Y. Ben is a staunch electric car advocate. He runs a communications firm that promotes…

20 March 2025 - NAIROBI, Kenya, Mar 20 – Kenyans, especially the youth, have been encouraged to join the Binance Academy to enhance their understanding of cryptocurrency. Speaking in an interview, Binance Global Chief Marketing Officer Rachel Conlan highlighted the…

20 March 2025 - Treasury report shows two-thirds of unspent allocations was on development.

19 March 2025 - Before his Comesa appointment, Dr Mabea, an energy economist and regulatory strategist, was the executive secretary of the Energy Regulators Association of East Africa based in Arusha, Tanzania.

19 March 2025 - According to Kuppet, the Sh22 billion Teachers’ Medical Scheme is on the brink of collapse, with private and rural mission hospitals suspending services due to mounting unpaid bills owed by the...

19 March 2025 - MAR 19 – The US central bank has kept interest rates unchanged for the second time in a row, while warning that economic uncertainty had increased. The decision, which was widely expected, left the Federal Reserve’s benchmark interest rate hovering…

19 March 2025 - NAIROBI, Kenya, Mar 19 – Management consulting firm European House – Ambrosetti has called for increased private sector financing to tackle climate change in Africa, stressing its crucial role in complementing public investments. Speaking at a climate…

19 March 2025 - NAIROBI, Kenya, Mar 19 – Advocate of the High Court Francis Wanjiku has called on the National Treasury to divest its 19 percent stake in KCB Group Plc, a move that could generate over Sh24 billion in value. In a letter to Treasury Cabinet Secretary…

19 March 2025 - The judge said the law contemplates damages in instances where the former ambassador demonstrates the sale was irregular.

19 March 2025 - Informal sector workers often operate on thin margins, with little disposable income to allocate to insurance premiums.

19 March 2025 - The overall cyber landscape witnessed a 27.2 percent rise in susceptibility, with total threats detected rising to 840.9 million up from 661.2 million during the quarter ended September.

19 March 2025 - NAIROBI, Kenya March 19 – Local consumer products manufacturer and distributor Tropikal Brands Afrika Ltd has launched a personal care range of products infused with natural ingredients to meet growing demand. Under a USD 3 million investment outlay,…

19 March 2025 - The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has announced the revocation of all small-scale mining licences issued after the 7 December 2024 general elections.

19 March 2025 - Working outside the purview of the law exposes tenants to abuse and exploitation.

19 March 2025 - The hotel is among the growing number of luxury establishments set up in Westlands.

19 March 2025 - As a continent with diverse economies and burgeoning markets, Africa faces unique challenges and opportunities in navigating this tumultuous trade terrain.

19 March 2025 - The dispute between the bank and the tax authority dates back to its 2019 tax filings, where it declared a corporate income tax overpayment of Sh832.9 million.

19 March 2025 - The Kenyan shilling remained stable on Wednesday compared with the previous session, with traders forecasting gains in the coming days due to expected inflows from Kenyan Diaspora.

19 March 2025 - Following in the footsteps of its fellow Alliance of Sahel State members (AES); Niger, Mali has decided also to exit the Organisation Internationale de la Francophonie (OIC).

19 March 2025 - Nairobi County topped the list in the payment of questionable legal fees and hiring of external lawyers instead of using internal legal counsels.

19 March 2025 - Residents wanted the Environment and Lands Court to issue stay orders against the judgment pending the determination of their appeal.

19 March 2025 - Thousands of South Africans, particularly white farmers, have reportedly expressed interest in seeking asylum in the United States following President Trump’s offer.

19 March 2025 - At best, boredom has been considered an unpleasant to aversive experience, and at worst, a state that evokes a deep sense of meaninglessness.

19 March 2025 - Here at home, Kenyan voters need to hold their MPs accountable by evaluating their performance and deciding whether they deserve re-election.

19 March 2025 - Senators says the government's appetite for borrowing has seen public debt balloon.

19 March 2025 - Bureaucracy in Kenya acts as a safeguard and an obstacle.

19 March 2025 - The recent peace talks between Rwandan President, Paul Kagame and Democratic Republic of Congo’s President Félix Tshisekedi offer a glimmer of hope for ending the long-standing conflict between their nations.

19 March 2025 - Proparco signed an agreement with Equity Group on Wednesday, granting technical assistance of €1 million (about Ksh.141 million) to Equity Group Foundation (EGF) for the implementation of its “Climate Resilient Agri-Food Systems (CRAFS)” project.

19 March 2025 - Fraudsters use forged documents, set up fake agencies, and even create counterfeit platforms to lure victims with unbelievably low premiums.

19 March 2025 - These Ugandan game designers and founders are holding up a mirror to society with their art. As many a traveler knows, you’re never alone if you’ve packed some cards. You could indulge in the terse isolation of solitaire, but in East Africa you can…

19 March 2025 - Ghana’s economy is projected to maintain its growth momentum into 2025, with Gross Domestic Product (GDP) forecast to expand by 5.4% year-on-year, according to Jibran Qureishi, Head of Africa Research at Standard Bank Group.

19 March 2025 - NAIROBI, Kenya, Mar 19 – Standard Chartered Bank profit after tax expanded by Sh6.23 billion to Sh20 billion last year on the back of improved incomes from interest and non-interest segments. During a similar period in 2023, the lender recorded a Sh13…

19 March 2025 - WASHINGTON, March 19 (Xinhua) — The U.S. Defense Department plans to cut 50,000 to 60,000 civilian jobs through firings, resignations and a hiring freeze in the coming months, local media reported on Tuesday. Intending to cut 5 to 8 percent of the…

19 March 2025 - The bank’s 45 percent growth in net profit was largely driven by higher income.

19 March 2025 - NAIROBI, Kenya, Mar 19 – E-mobility company Roam has partnered with 4G Capital, a Central Bank of Kenya-licensed digital credit provider, to launch an innovative financing program aimed at providing affordable electric motorcycles to boda boda riders…

19 March 2025 - NAIROBI, Kenya, Mar 19 – Upper Hill’s Radisson Blu Hotel has been nominated in four categories of the 2025 World Travel Awards (WTA). The hotel will compete for the titles of Africa’s Leading Business Hotel, Kenya’s Leading Business Hotel, Kenya’s…

19 March 2025 - Dangote Refinery may withhold petrol supply to the Nigerian market due to unresolved issues surrounding the naira-for-crude oil exchange deal.

19 March 2025 - The global reputation of a university affects education, research, employment, and economic growth in significant ways. It is not simply about academic status.

19 March 2025 - NAIROBI, Kenya, Mar 19 – Advocate of the High Court Francis Wanjiku has called for policy reforms at the Energy and Petroleum Regulatory Authority (EPRA), urging the Cabinet to realign the regulator’s fuel pricing role with the Energy Act, 2019. In a…

19 March 2025 - WASHINGTON, March 19 (Xinhua) — A U.S. federal judge ruled on Tuesday that the dismantling of the U.S. Agency for International Development (USAID) has likely violated the Constitution, and ordered an indefinite pause on further cuts to the agency. U.…

19 March 2025 - According to the latest data from the Global Anti-Scam Alliance (2023–2024), the United States tops the global list of countries losing the most money per victim to scams, with an average loss of $3,500 per person.

19 March 2025 - The bank’s 45 percent growth in net profit was largely driven by higher income.

19 March 2025 - The president of the oil-producing nation of Nigeria, Bola Tinubu, recently declared a state of emergency in the country's primary oil-producing region, Rivers State, led by Governor Sim Fubara.

19 March 2025 - MAR 19 – Google has agreed to pay $28m (£21.5m) to settle a lawsuit that claimed white and Asian employees were given better pay and career opportunities than workers from other ethnic backgrounds, a law firm representing claimants says. The…

19 March 2025 - NAIROBI, Kenya, Mar 18 – The Government has introduced the Excise Duty (Amendment) Bill, 2025 in the National Assembly, seeking to amend the Excise Duty Act, particularly concerning the importation of fully assembled electric transformers. The Bill…

19 March 2025 - Tanzania’s economy might be booming, but its currency is taking a hit, and it may take some time before the local currency benefits.

19 March 2025 - Most workers in private pension schemes have not been granted approval to offset higher NSSF deductions with their monthly retirement savings, forcing them to pay up to Ksh3,840 extra from February.

19 March 2025 - One million Kenyans have received insurance protection over the past year, through an innovation insurance product offered between pay as you go smartphone provider M-KOPA - and Turaco, a Kenyan-based insurtech. 

19 March 2025 - Healthcare providers refusing to offer outpatient services under the Social Health Authority (SHA) risk deregistration, with Health PS Harry Kimtai warning that the government will not bow to pressure over unpaid medical claims.