Business

25 July 2024 - NAIROBI, Kenya, July 25 – I&M Bank Rwanda has confirmed Nikhil Rustam Hira as the new board chair effective July 15, 2024. Hira takes over from Bonaventure Niyibizi, who is retiring. Since 2019, the new chair has been serving on the bank’s board as…

25 July 2024 - NAIROBI, Kenya, July 25 – Kenya Airways (KQ) will from next month stop its 5 weekly flights to Bangui in the Central African Republic amid low demand and poor performance. The suspension, which is slated for August 9, 2024, will however not affect…

25 July 2024 - Comesa is seeking to foster regional and international integration to eliminate trade barriers.

25 July 2024 - Samsung Electronics has been recognized as the third top brand on the prestigious Brands Africa 100 list, further cementing the brand's dominance and impact as well as being the household name within and without the continent. 

25 July 2024 - TOPLINE Higher levels of belly and arm fat may increase the risk of neurodegenerative diseases like Alzheimer’s and Parkinson’s, while high muscle strength may decrease this risk, new research suggests, the latest study to explore the link between body…

25 July 2024 - Kenya Airways has made network adjustments to five key African destinations to optimise operations during the peak season.  

25 July 2024 - According to a recent report, Tanzania has become Uganda’s number one import option within the East African Community (EAC). This is a result of Uganda’s gold trade worth close to $3 billion. Uganda typically buys unrefined gold and re-sells the…

25 July 2024 - Fifteen-year-old home player Nathan Mwangi returned an excellent score of 81 gross points to be crowned the overall winner of the fourth edition of the Karen Junior Challenge golf tournament held at the lush 18-hole Karen Country Club.

25 July 2024 - SEOUL, July 25 (Xinhua) — South Korea’s chipmaker SK hynix logged its record-high revenue in the second quarter thanks to strong demand for semiconductors used in artificial intelligence (AI) computing, a regulatory filing showed Thursday. Revenue…

25 July 2024 - SEOUL, July 25 (Xinhua) — South Korean tech company LG Electronics posted a double-digit growth in the second-quarter operating profit due to solid sales of home appliances and vehicle components, the company said Thursday. Consolidated operating…

25 July 2024 - NAIROBI, July 25 (Xinhua) — Experts began a three-day meeting in Nairobi, the capital of Kenya, Wednesday to discuss ways of boosting the dairy sector in Africa. The Dairy Tech Africa conference gathered more than 100 exhibitors and 500 delegates…

25 July 2024 - Namibia is on the verge of implementing a new visa policy, some have described as fair. Namibians looking to travel to some countries have to go through very lengthy, pricey and stressful processes. In response, citizens from those countries would now…

25 July 2024 - VIENNA, July 24 (Xinhua) — The Organization of the Petroleum Exporting Countries (OPEC) Secretariat said Wednesday that it received compensation plans from Iraq, Kazakhstan and Russia for their overproduced oil volumes in the first half of 2024. OPEC…

25 July 2024 - NAIROBI, Kenya, July 25 – Zambia’s central bank said on Wednesday that it will take a cautious approach on banning the use of the U.S. dollar in local transactions to avoid distortion in the economy. Denny Kalyalya, governor of Bank of Zambia (BoZ),…

25 July 2024 - NAIROBI, Kenya, July 25 – Africa’s green economy has the potential of creating up to 3.3 million new direct green jobs on the continent by 2030, with the majority particularly in the renewable energy solar sector. According to the ‘Forecasting Green…

25 July 2024 - It is vital to seek brokers licensed by recognized authorities such as the Capital Markets Authority (CMA) and other international bodies. A diversified portfolio is crucial for success. Providing a wide range of assets, from forex pairs and…

25 July 2024 - 75 per cent of workers are actively looking to leave their current job.

25 July 2024 - Deemed it discriminatory, biased, irregular and anti-competitive.

25 July 2024 - The ODM chairman is set to replace economics professor Njuguna Ndung'u.

25 July 2024 - Presidents William Ruto and Yoweri Museveni revived the project in May.

25 July 2024 - Adani Group has been subject to multiple government investigations.

25 July 2024 - CMA says there is a positive trend towards better distribution of wealth in the market as investors eye other companies.

25 July 2024 - The Budget and Appropriations Committee of the National Assembly has proposed an overall Sh121.8 billion cut in the budget to Sh3.87 trillion.

25 July 2024 - The rise in the bill highlights the growing burden of settling payments for thousands of Kenyans who are exiting the public service.

25 July 2024 - Adani is expected to build a second runway and a new passenger terminal.

25 July 2024 - The high cost of servicing the public debt is a result of expensive commercial borrowing by the government over the past decade.

25 July 2024 - Diaspora remittances from African countries grew by 37.3 percent to $183.8 million in 2024 from $133.9 million in 2023.

25 July 2024 - Cash sent by Kenyans in Australia rebounded from a 29.78 percent drop last year to grow 85.94 percent to $76.31 million in six months.

25 July 2024 - Auditor-General Nancy Gathungu says the scheme is technically insolvent as its current liabilities hit Sh35.5 billion against Sh5.3 billion in current assets.

25 July 2024 - Dennis Mutua's journey to success in the often exploitative horticultural sector.

25 July 2024 - The decision by CMA against Minnesota Coffee Marketers Ltd kicks in immediately

25 July 2024 - Boniface Okerosi Misera pleaded with the court to quash the judgment and direct the case to be heard afresh.

25 July 2024 - For the next three months, employers extending or facilitating access to such loans will be now required to remit the withholding tax within five working days.

25 July 2024 - French wine and cognac producers are turning their sights to Kenya as demand in Europe slows, especially among younger drinkers.

25 July 2024 - Patricks' one-acre farm in Muthaiga, Nairobi, now has over 150,000 different varieties of seedlings.

25 July 2024 - KRC said the project aims at addressing transportation challenges experienced by commuters from Ngong to Nairobi's Central Business District (CBD).

25 July 2024 - This technology comes from Saudi Arabia where the parent company is located and manufacturing is done.

25 July 2024 - The bank is also introducing simplified application procedures and funds for property expansion.

25 July 2024 - The Bank Supervision Annual Report 2023 reported 30,015 mortgages in the year up from 27,786 in 2022.

25 July 2024 - Uganda has designated UNOC as the sole supplier of petroleum products following a change of legislation in that country.

25 July 2024 - Six out of 10 of the respondents in the University of Nairobi poll say the country is heading in the wrong direction.

25 July 2024 - The number of people on lifelong antiretroviral treatment in Kenya has almost doubled, resulting in a 90 percent viral suppression rate among those on treatment. Viral suppression means having...

25 July 2024 - Mr Odongo was being cross-examined over a statement he recorded with the DCI regarding the loan.

25 July 2024 - Entrepreneurship has many benefits to society including job creation and reducing unemployment.

25 July 2024 - Knowledge has become just about free. Everyone will tell you they have the magic secret sauce to business success.

25 July 2024 - GenZ must recognise threats and decide how far they are willing to press for change

25 July 2024 - To prevent blood doping, the World Anti-Doping Agency implemented the Athlete Biological Passport (ABP) in 2019 to monitor athletes.

25 July 2024 - This generation has become increasingly engaged in issues such as gun control, environmental concerns, and racial justice.

24 July 2024 - The intervention placed emphasis on the need for cooperation and collaboration among all stakeholders to address concerns. The Nigerian government has stepped in to address concerns surrounding the Dangote Refinery, following accusations of…

24 July 2024 - A number of African countries have advanced into upper-middle income status in recent years, which is a major turning point in the economic progress of the entire continent. For African nations, reaching upper-middle income status is an important…