Business

28 July 2024 - Auditor General says KDC has been paying Sh4 million a year as service charge for the unsold houses.

28 July 2024 - Kenya has started allowing dairy products from Uganda to access the local market but authorities are now being accused of being selective in issuing permits to milk processors.

27 July 2024 - Hotel chain PrideInn is banking on specialty restaurants to boost business and improve dining and customers' experience.

27 July 2024 - Radio and television are the top sources for news among Kenyans despite increased digitisation in the country's media industry over the past decade.

27 July 2024 - NAIROBI, Kenya, July 24 – Former Bomet Governor Isaac Ruto has refuted allegations that he failed to pay a complainant, Nicholas Teeka, Sh5 million for 50 cattle supplied to Ruto’s ranch in 2022. In a statement, Ruto asserted that he paid for all the…

27 July 2024 - Africa's largest solar rooftop installation was recently launched in Ghana. Herbert Krapah, the country’s Minister of State for Energy, heralded the launch on Thursday.

27 July 2024 - A move by the Kenya Revenue Authority (KRA) to shift cargo clearance back to its offices instead of Mombasa port, and the 22 custom bond warehouses has triggered an uproar among traders and...

27 July 2024 - JULY 27 – Airbus, the global aircraft manufacturer, has admitted the company is falling behind on its orders. Guillaume Faury, the company’s chief executive officer, said there are “bottlenecks” in the supply chain. “We have more demand than the…

27 July 2024 - NAIROBI, Kenya, July 27 – Betting firms integration into the Kenya Revenue Authority’s (KRA’s) tax system boosted revenue collection during the 2023/24 financial year. The taxman recorded a 26.2 percent growth in revenue collection from gambling…

27 July 2024 - The County Government of Kajiado has moved a step closer to taking over the management of Amboseli National Park with the launch of the Amboseli National Park Transition Strategic Plan which will provide a legal framework for a smooth transition of the…

27 July 2024 - The wealth consolidation phase is an ongoing process, requiring regular reviews and adjustments to your financial plan.

27 July 2024 - In the past one month, the Kenya Shilling has lost at least 100 basis points of its value to the US dollar, undoing some of the gains made over the last three months.

27 July 2024 - Nigeria's major Dangote oil refinery is reportedly reselling cargoes of U.S. and Nigerian crude, according to four trade sources on Friday.

27 July 2024 - Angela, the Montgomery Group East Africa Managing Director, has stared directly into the sun herself.

27 July 2024 - VIENNA, July 26 (Xinhua) — The International Atomic Energy Agency (IAEA) on Friday reiterated its concerns over the lingering “highly challenging” nuclear safety and security situation at the Zaporizhzhia nuclear power plant (ZNPP). IAEA Director-…

27 July 2024 - RIO DE JANEIRO, July 26 (Xinhua) — Finance ministers and central bank presidents of the Group of Twenty (G20) concluded their third meeting Friday in Rio de Janeiro, adopting a joint communique that calls for a more just, stable, and efficient…

27 July 2024 - NAIROBI, July 26 (Xinhua) — The China (Anhui)-Kenya Economic and Trade Conference was held on Thursday in the Kenyan capital of Nairobi to promote trade relations between the two sides. The event attracted a high-level delegation from east China’s…

27 July 2024 - Under the new tariff schedule, domestic consumers who consume more than 100 units of electricity per month are the biggest gainers.

27 July 2024 - A Tanzanian conglomerate that has bid to acquire Bamburi Cement has received backing from the major shareholders of the Kenyan cement firm.

27 July 2024 - An analysis of the new rules shows that new restrictions will hit charities that have been holding large sums of money.

27 July 2024 - The entities increased their spending by Sh591 million

26 July 2024 - The anticipated transport sector strike did not take place after the Matatu Owners Association pulled out.

26 July 2024 - The National Treasury proposes that both levels of government bear the revenue shortfall following Finance Bill rejection equitably.

26 July 2024 - Supreme Court has temporarily stopped the construction of a second grain bulk handling facility at the port of Mombasa.

26 July 2024 - Adani Airport Holdings has proposed doubling airport fees.

26 July 2024 - The contested land is being claimed by the Moi estate, Dr Mwangi and USIU.

26 July 2024 - Olushola Medupin wanted to stay away from the food business but now has a growing array of upscale restaurants selling West African cuisine in some of the world’s most dazzling cities. For Olushola Medupin, his passion for food was a gift passed down…

26 July 2024 - Mali and Burkina Faso have seen dramatic shifts, with their rejection rates dropping by 40 and 37 percentage points, respectively, making them the most accepting of military rule today.

26 July 2024 - The informal sector in Nigeria has become a pillar of the country’s overall economy, providing livelihoods and sustenance to millions. These Nigerians rely on the informal sector for work and money, making it a vital part of the nation's economy. This…

26 July 2024 - Kenyan economists and policymakers are positive in their forecasts of growth prospects after President William Ruto named the second batch of his cabinet.

26 July 2024 - Amnesty International has revealed that new weapons from countries such as Russia and Turkey have been amplifying the war in Sudan. The report examined a large sample size of documents from two different shipment-level trade information providers to…

26 July 2024 - Angola's new Cabinda crude oil refinery is set to commence operations later this year, with a target to reach full production of 30,000 barrels per day by July next year.

26 July 2024 - JULY 26 – A week after a faulty update caused a global IT outage that grounded flights and knocked TV stations off-air, the boss of CrowdStrike has revealed nearly all systems are back online. In a post on LinkedIn, George Kurtz said “over 97%” of…

26 July 2024 - NAIROBI, Kenya, July 26 – TotalEnergies and M-Gas have joined hands to enhance clean cooking accessibility in Kenya through a ‘Pay-as-You-Cook’ formula. Through the partnership, M-Gas will contribute its ‘Pay-as-You-Cook’ smart meters to its 400,000…

26 July 2024 - This was an increase from Sh19.2 billion earned a year earlier.

26 July 2024 - NAIROBI, Kenya, July 26 – The government will shortly be proposing changes to the relevant law to seal the loopholes that undermine the fight against corruption, President William Ruto has said. The President said the Executive will work together with…

26 July 2024 - The trade deal is set to eliminate tariffs on 100% of goods

26 July 2024 - Matatu Owners Association distances itself from planned Motorists Association strike; say they are engaging government to resolve issues plaguing the sector within 3 weeks

26 July 2024 - Kingdom Bank, a subsidiary of the Co-operative Bank of Kenya, has launched an innovative solution aimed at easing payments for micro, small and medium-sized businesses (MSMEs). The solution entails using till numbers, pay bill or USSD code for small…

26 July 2024 - South Africa’s recently re-elected president Cyril Ramaphosa made the historic decision to name South Africa’s first female Chief Justice. The Judiciary position has been held by a man since 1910 when the role was established. The incumbent Chief…

26 July 2024 - Nigeria is blessed with abundant natural resources, particularly crude oil. However, the country’s refining capacity has been historically insufficient to meet the demands of its growing population and economy.

26 July 2024 - By Amogh Wadwalkar JULY 26 – The rise of Information and Communication Technology (ICT) in Kenya, with mobile phones in nearly every hand and internet coverage growing nationwide, is driving a wave of innovation that’s reshaping everyday life. From how…

26 July 2024 - PARIS, July 26 (Xinhua) — TGV high-speed train traffic on France’s Atlantic, Northern and Eastern routes was severely disrupted due to arson attacks aimed at damaging installations, the French national rail company SNCF announced on X Friday morning.…

26 July 2024 - NAIROBI, Kenya, July 26 – The Director General of the Energy and Petroleum Regulatory Authority (EPRA) has been nominated to lead a 13-member steering committee of the Regulatory Energy Transition Accelerator (RETA) as Chair. Kiptoo will oversee a team…

26 July 2024 - NAIROBI, Kenya, JULY 26 – Facebook and WhatsApp have emerged as the leading social media platforms among Kenyans, according to the latest Audience Measurement and Industry Trends report released by the Communication Authority of Kenya (CA). Video-…

26 July 2024 - Sh100 million has been allocated to each of the 47 counties. The funds will be released within five years.

26 July 2024 - Uptake of technology and innovation has been touted as the surest way to develop Africa and eradicate poverty.

26 July 2024 - JULY 26 – OpenAI is working on adding new powers to its artificial intelligence (AI) bot, as it seeks to edge out Google as the go-to search engine. The company said it was trialling a search feature that incorporates real-time information into its…

26 July 2024 - NAIROBI, Kenya, July 26 – Google says that it is committed to making artificial intelligence (AI) helpful for businesses by conducting training for business owners. This was said during an AI in Action event yesterday and follows the recent unveiling…

26 July 2024 - JULY 26 – Major video game makers – like Activision, Warner Bros and Walt Disney – are facing a strike by Hollywood performers over the use of artificial intelligence (AI). It follows a year and half of talks over a new a contract between the companies…