Business

16 May 2024 - The remedies you have are many. One is to report the issue to the police as a crime. The crime in this case is fraud or obtaining money under false pretences.

16 May 2024 - PANG now has 129 assigned frequencies, an increase from 125, extending its lead as the broadcaster with the highest number of frequencies in the country.

16 May 2024 - Kenya Maritime Authority (KMA) has put on ice a plan by the Mombasa County government that would have seen the devolved unit collect millions from ships for waste collection.

16 May 2024 - The government should also ensure that all housing agents have business offices, registered firms, operational contacts and valid business licenses.

16 May 2024 - The cost of doing business through the port of Mombasa is set to reduce following the introduction of Viaservice Container Solution (VCS) to replace the punitive container deposits.

16 May 2024 - The Finance Bill 2024 has proposed the deletion of Section 54 of the Affordable Housing Act streamlining disposal of units acquired through the programme.

16 May 2024 - In the face of escalating living expenses and the ongoing introduction of new taxes and levies, the current economic climate in Kenya is becoming increasingly challenging.

16 May 2024 - The government should conduct rapid assessments of crop damage and provide targeted support to farmers to rehabilitate their land.

16 May 2024 - Investing in resilient infrastructure, green spaces, and disaster management systems is no longer a choice but a necessity.

16 May 2024 - African governments need to be deliberate in fastening and adopting changes as outlined in the next phase of protocols implementation

15 May 2024 - FX Pesa Senior Account Manager Jesse Ogola said financial literacy is not well entrenched in Kenya.

15 May 2024 - Analysts says that Treasury should have considered outcomes of Finance Act, 2023.

15 May 2024 - Equity Group chief executive James Mwangi took home an annual compensation of Sh158.8 million.

15 May 2024 - CAIRO, May 15 (Xinhua) — Egypt has received 14 billion U.S. dollars from the United Arab Emirates (UAE) as the second payment of a 35-billion-dollar investment deal signed in February to develop Ras Al-Hekma, a new resort city on Egypt’s northern coast…

15 May 2024 - NAIROBI, Kenya, May 15 – In the bustling landscape of distilled beverages, African Originals stands out as a beacon of innovation and cultural celebration. At its helm is John Mwangi, a visionary leader whose story encapsulates the brand’s dedication to…

15 May 2024 - There’s mythology and mystery in the mix as gaming developers tap into the rich history of Africa telling stories that go way back in time. The African gaming market sits on the cusp of global potential as studios shake up Western foundations with…

15 May 2024 - A telecommunications firm Adrian Kenya Limited wants the Central Bank of Kenya to investigate American lender Citi Bank's Nairobi-based subsidiary.

15 May 2024 - Russia continues to advocate for the partnership of African countries, noting that Africa’s value is immense. A Russian official recently made these sentiments clear, highlighting that Russia has come to look at Africa as an invaluable ally. This is…

15 May 2024 - The pump price for Super petrol, diesel and Kerosene reduced by Sh1, Sh1.20 and Sh1.30 in the latest review.

15 May 2024 - Nigeria's headline consumer inflation, rose to a new 28-year high in April, reaching 33.69% year-on-year, up from 33.20% in March.

15 May 2024 - Africa’s public debt has been a thorn in the side of the continent’s development. Some countries on the continent have been overwhelmed with servicing their debts as opposed to allocating funds for national development. And considering the low-income…

15 May 2024 - Fruit processor Del Monte has launched a fertiliser plant that will turn the company’s pineapple residues into biofertilisers.

15 May 2024 - Rescue crews are still searching frantically for three missing people after a small but disruptive landslide triggered by relentless heavy rainfall experienced in many parts of the country ripped down a village yesterday in the township of Kimende,…

15 May 2024 - It targets the horticulture sector with focus on onions, avocado and potatoes.

15 May 2024 - NAIROBI, Kenya, May 15 – Cases of harassment and debt shaming by digital lenders have declined by 75 percent, coming on the back of the enactment of the Central Bank Amendment 2021 into law. The Office of the Data Protection Commissioner (ODPC) and the…

15 May 2024 - LONDON, May 15 (Xinhua) — The summer of 2023 was the warmest Northern Hemisphere summer over the past 2,000 years on record, said a new study published in the journal Nature on Tuesday. Combining observed and reconstructed surface air temperatures from…

15 May 2024 - NAIROBI, Kenya, May 15 — Kenya has exempted Zimbabweans from the USD30 fee paid by foreigners seeking Electronic Travel Authorization (eTA) to enter the country. Zimbabwe’s Ministry of Foreign Affairs and International Trade confirmed the decision,…

15 May 2024 - Tea growers in Bomet County have incurred huge losses after a tea factory delayed the collection of green leaves.

15 May 2024 - MEXICO CITY, May 15 (Xinhua) — Michelin Guide unveiled on Tuesday its Guide of Mexico of 2024 in which 18 restaurants were picked as Michelin-starred. Michelin Guide entered Mexico for the first time, indicating the Mexican cuisine has won more…

15 May 2024 - NAIROBI, Kenya, MAy 15 – The Communications Authority of Kenya (CA) today unveiled its 5th 2023-2027 strategic plan, which seeks to ensure digital access for Kenyans by enabling a sustainable digital society through responsive regulations. According to…

15 May 2024 - EAC Cabinet Secretary Peninah Malonza nominated Zablon Muruka Mokua as a judge of the East African Court of Justice.

15 May 2024 - 2024 has been an interesting year so far, with companies breaking global barriers, attracting investment, and addressing the multiple needs of a rapidly growing population. At the heart of these successes are visionary CEOs whose leadership, innovation…

15 May 2024 - DIB Bank Kenya (DIBBK), a wholly owned subsidiary of Dubai Islamic Bank PJSC (the largest Islamic bank in the UAE), announced its results for the period ending March 31, 2024.

15 May 2024 - Nigeria, often referred to as the "giant of Africa," is well-known for both its thriving music scene and rich cultural legacy. Nigerian music has transformed over the last few decades from its traditional origins to become a worldwide force that affects…

15 May 2024 - NAIROBI, Kenya, May 15 – President William Ruto plans to nearly double Kenya’s average tax rate before his term ends. Speaking during a meeting with Harvard University students at State House Nairobi yesterday, the Head of State outlined his vision of…

15 May 2024 - The tussle involves former runner Daniel Komen and his wife Joyce Komen.

15 May 2024 - Kenya Coffee has continued posting poor results at the auction owing to the low delivery of quality grades in the market.

15 May 2024 - Flutterwave, Africa's highest-valued startup, has secured a spot on the prestigious 12th annual CNBC Disruptor 50 list.

15 May 2024 - Del Monte Kenya Ltd., a leading producer of fresh fruit has established a plant that will turn the company’s pineapple residues into biofertiliser.

15 May 2024 - NAIROBI, Kenya, May 15 – In the face of mounting climate change challenges, the insurance industry in Kenya is stepping up its efforts to mitigate associated risks and bolster resilience. Recognizing the urgent need for action in a country vulnerable to…

15 May 2024 - Kiosks exist because of convenience and low barriers to entry.

15 May 2024 - Analysts says that Treasury should have considered outcomes of Finance Act, 2023.

15 May 2024 - The report showed a state of flux in the credit market, shaped by macroeconomic shifts, consumer behaviour changes and technological advancements.

15 May 2024 - NAIROBI, Kenya, May 15 – The Departmental Committee on Finance and National Planning has invited the public and stakeholders to submit their written views on the Finance Bill 2024 by Monday, March 18, 2024, at 5 p.m. In a statement on Wednesday, the…

15 May 2024 - NAIROBI, Kenya, May 15 – IBM, a global hybrid and AI expert, has announced the availability of its software portfolio under AWS Marketplace in Kenya and other African countries such as Tanzania, Gabon, and Ethiopia, among others. AWS Marketplace is a…

15 May 2024 - NAIROBI, Kenya, May 15 – Betting company Betsafe has announced its exit from the Kenyan market amid heavy taxation. In an email, the firm confirmed to Capital Business that it had ceased its operations as of yesterday. ”The message is genuine,” the firm…

15 May 2024 - Most home buyers sought lower-segment houses in the year 2023 even as real estate developers grappled with a sustained overall decline in housing prices for most part of the year.

15 May 2024 - MAY 15 – China has slammed the United States for “bullying” and “trampling on market economy principles”, dismissing US Treasury Secretary Janet Yellen’s recent remarks about China’s new energy sector. In an interview with Marketplace news site…

15 May 2024 - CASIO Middle East and Africa FZE, the regional subsidiary of CASIO Computer Co. Ltd, the leading technology company, has opened its second CASIO G-SHOCK store in Kenya and first in Mombasa, as it looks to tap into the growing watches and jewellery…

15 May 2024 - Gabon's deposed President Ali Bongo and his two sons have begun a hunger strike, claiming they are being subjected to "acts of torture and barbarity," according to the family's lawyers.