Business

07 May 2024 - As part of the deal, Bomet and Kericho communities, where the tea estates are located, will be given a 15 percent stake in the newly bought company

07 May 2024 - The trend is driven by a shifting consumer preference towards premium spirits

07 May 2024 - Foreign businesses looking to penetrate the African market typically go through some of the continent’s most advanced and largest markets. This was Amazon’s approach as it launched its online services in one of the continent’s largest markets; South…

07 May 2024 - I was underage, those much older than me can share the experience of taking chibuku. How did it taste? What was the colour?

07 May 2024 - Countries in southern and eastern Africa are meeting in Nairobi to discuss means and ways of improving the safety of nuclear and radioactive material, especially during transportation.

07 May 2024 - A representative from the global cryptocurrency leader, Binance, claimed that Nigerian government officials attempted to extort $150 million in bribes from the company.

07 May 2024 - BANGKOK, May 7 (Xinhua) — Thailand’s export value is expected to expand 1 percent to 2 percent this year, unchanged from the previous projection, weighted down by ongoing geopolitical tensions and concerns over high production costs, the Thai National…

07 May 2024 - Cemtech, which has since submitted its Environmental and Social Impact Assessment report (EIA) to NEMA, seeks to put up a 5,500-watt thermal design power production line in Mwingi

07 May 2024 - NAIROBI, Kenya, May 7 – Kenya Revenue Authority (KRA) and the Kenya National Chamber of Commerce and Industry (KNCCI) have embarked on a joint tax education program for micro, small, and medium-sized enterprises (MSMEs). The move is aimed at encouraging…

07 May 2024 - Kenyan tea farmers are poised for a significant leap following a partnership between Lipton Teas and Infusions and Browns Investments.

07 May 2024 - They have also increased freight time by about 10-14 days due to re-routing through the Cape of Good Hope

07 May 2024 - KAM notes that countries that specialise in sophisticated products generally experience faster economic growth.

07 May 2024 - NAIROBI, Kenya, May 7 – The Insurance Regulatory Authority (IRA) has cautioned the public against buying insurance policies from Atlas Life Insurance over noncompliance. According to the regulatory body, Atlas has been selling insurance policies to its…

07 May 2024 - May 7 – First-time buyers and homeowners looking to remortgage are still facing a “significant challenge” when it comes to finding affordable deals, the Halifax has said. The lender said house prices have been largely flat so far this year, and only saw…

07 May 2024 - NAIROBI, Kenya, May 7 – Communications Authority of Kenya (CA) has warned property owners who are denying competitors from offering home internet services on their premises. In a statement, CA Director General (DG) David Mugonyi said that some private…

07 May 2024 - YANGON, May 7 (Xinhua) — A new snake species has been found in western Myanmar’s Rakhine State, according to the European Journal of Taxonomy. The research finding, which was published in the European Journal of Taxonomy on May 3, was made by a team of…

07 May 2024 - The deal will push Browns’ processing capacity to 87 million kilogrammes of tea, making it one of the world’s largest tea companies.

07 May 2024 - As of October 2023, there were 28 gazetted SEZs in Kenya.

07 May 2024 - Africa's food systems require a critical shift towards resilience. Extreme weather like droughts, floods, and desertification pose real threats, causing crop failures and devastating livelihoods.

07 May 2024 - According to the Beyond Borders 2024 report, a digital commerce study, the African continent’s digital economy is poised to reach $72 billion by 2026. However, amidst this growth, experts note that there are challenges that must be addressed to ensure…

07 May 2024 - In April, Google fired 50 staffers after protests over its contracts with Israel. As employers worry that campus activism could spread to the workplace, Forbes spoke with legal experts about the protections employees have—and don’t have—when it comes to…

07 May 2024 - The CEO of Binance, the global cryptocurrency exchange platform, has criticized Nigeria for setting a troubling precedent, following the detention of two Binance executives.

07 May 2024 - Financial stability is an important priority for governments, businesses, and inhabitants in Africa. African cities that offers decent incomes across industries for the average residents ensures that they are empowered enough not only to take care of…

07 May 2024 - The President said the government is committed to the expansion of essential infrastructure to serve rapidly growing urban populations, with the goal of decongesting Nairobi and other major towns

07 May 2024 - The proprietor of Pinewood Beach Resort and Spa has moved to the Court of Appeal to block a KCB Bank-appointed receiver manager from taking over the establishment in Kwale. In an application on...

07 May 2024 - Deck Raamsdonk, one of the event organizers, says the country's selection reflects its dominance in flower growing and exportation in Africa, despite existing challenges bedeviling the global industry now

07 May 2024 - MANILA, May 7 (Xinhua) — At least 40 million people in the Philippines have no access to fresh or potable water, the Presidential Communications Office (PCO) said Tuesday. Responding to the dire situation, Philippine President Ferdinand Romualdez Marcos…

07 May 2024 - Africa finds itself at a crossroads, battling the issue of poor internet connections at a time when connectivity is essential to international contact. Even while Africa has a wealth of opportunities for digital innovation and technical growth, many…

07 May 2024 - Koros emphasized the significance of resolving persistent waiting times in the processing of claims, citing the NSSF's track record of up to a year-long claim delay

07 May 2024 - Aliko Dangote continues to hold his title as Africa’s wealthiest man with a current net worth of $13.4 billion, now ranking 144th globally. His financial empire is rooted in Dangote Industries, a conglomerate headquartered in Lagos, Nigeria.

07 May 2024 - CS Chelugui said has disbanded the union's entire board over questionable financial dealings.

07 May 2024 - 2024 marks a distinct year for Africa as several African nations find themselves at a crucial juncture, preparing to engage in elections that will shape the trajectory of their governance and economic progress.

07 May 2024 - The imperative for African countries to embrace adventure is not merely a matter of choice but a strategic necessity. By cultivating a spirit of boldness, innovation, and resilience, these nations can unlock new opportunities, overcome challenges, and…

07 May 2024 - The imperative for African countries to embrace adventure is not merely a matter of choice but a strategic necessity. By cultivating a spirit of boldness, innovation, and resilience, these nations can unlock new opportunities, overcome challenges, and…

07 May 2024 - LOS ANGELES, May 6 (Xinhua) — NASA and Boeing postponed the launch of the first crewed mission of Starliner spacecraft on Monday due to technical issues. The spacecraft was scheduled to launch on a United Launch Alliance Atlas V rocket at 10:34 p.m.…

07 May 2024 - The Central Bank of Nigeria has mandated banks operating within the country to start charging a cybersecurity levy on transactions.

07 May 2024 - NAIROBI, Kenya, May 7 – The Kenya Revenue Authority (KRA) has directed employers and individuals across the country to remit housing levy deductions by May 9, 2024. The taxman also reminded employers that the Affordable Housing Levy (AHL) will be…

07 May 2024 - May 7 – The US has opened a new inquiry into troubled jet firm Boeing, after the company told air safety regulators that it might not have properly inspected its 787 Dreamliner planes. The Federal Aviation Administration (FAA) said it would look into…

07 May 2024 - Kenya Airways says DRC unconditionally released two of its employees who had been detained in late April.

07 May 2024 - Celebrated journalist and entrepreneur Betty Kyallo is set to end her four-year absence on the screens by joining Cape Media’s TV47. Kyallo is joining what is being unveiled as the ‘Dream Team’ alongside Stephen Maunda colloquially known as Shatta Bway…

07 May 2024 - Pump prices have been going down since December.

07 May 2024 - Wilson Nderitu alleges that the bank does not allow visually impaired people to open and operate accounts on their own.

07 May 2024 - One of the new housewives joining The Real Housewives of Nairobi S2, Zena Nyambu describes herself as a serial entrepreneur and a jack of all trades. “I am the real definition of a hustler: a boss mum and I can get my hands dirty too. I am nice and…

07 May 2024 - NAIROBI, Kenya, May 7 – The Kenya Airways (KQ) manager in the Democratic Republic of Congo, who was detained in Kinshasa over missing customs documentation on “valuable” cargo, has been released. According to Kenya’s foreign affairs principal secretary…

07 May 2024 - COLOMBO, May 6 (Xinhua) — The Sri Lanka government on Monday decided to maintain the existing 50 U.S. dollar fee for a 30-day single entry visa for foreigners visiting the country, the President’s Media Division (PMD) said. The PMD added that the free…

07 May 2024 - NAIROBI, Kenya, May 6 – The Kenya Railways (KR) has announced the resumption of commuter train services on four routes that had halted operations due to floods. In a statement, the KR managing director stated that the four routes, which include Embakasi…

07 May 2024 - This is in addition to the over Sh25 billion that the Kenya Kwanza administration has allocated to the Fund since its inception.

07 May 2024 - US air safety authorities are investigating whether embattled aviation giant Boeing completed required inspections on its 787 aircraft and whether employees falsified records.

07 May 2024 - The court was informed that Tatu City Limited has been providing services including maintaining natural open spaces.

07 May 2024 - Payrolls in Kenya’s private sector showed signs of growing in April after months of stagnation.