Business

07 May 2024 - A passenger boat capsized off the Tanzania-Kenya border in the Indian Ocean Monday, sending everyone aboard into the water and killing five, authorities said. The bodies of the five people who perished in the tragic incident were pulled out of the water…

07 May 2024 - Retirement marks a significant turning point in the lives of individuals, a transition towards freedom and leisure.

07 May 2024 - PIC says KPRL ceased operations 10 years ago and has no business getting Sh1.3 billion from KPC every year.

07 May 2024 - Payless is poised to become a disruptive force in the payments landscape, heralding a new dawn for the vibrant, tech-savvy youth across Nairobi, Kenya and across Africa

07 May 2024 - Move comes four months after the top management of the union was bundled out of office.

07 May 2024 - KPA indicated that it will start charging at least Sh27,000 effective May 15.

07 May 2024 - Central banks from the East African Community (EAC) bloc are raising the alarm on climate change and its impact on the regional economies.

07 May 2024 - In today's interconnected world, where technology touches almost every aspect of our daily lives, a digital divide still exists.

07 May 2024 - One of the most transformational transitions organisations undergo is mergers and acquisitions.

07 May 2024 - The livestock sector remains a crucial driver of economic growth and development across Africa.

07 May 2024 - A proposed action plan by the African Union (AU) that aims to significantly increase investments in domestic manufacturing of fertilisers and triple their use over the next 10 years is a recipe...

07 May 2024 - A court has dismissed a Sh10 million service charge claim demanded from one of the property owners at the Tatu City real estate project.

07 May 2024 - KWFT and the African Guarantee Fund have signed a Sh725 million risk-sharing partnership agreement.

07 May 2024 - Cemtech Limited has submitted the EIA report to Nema for review.

07 May 2024 - With over 10 stand-up specials under his belt, Katt Williams is undoubtedly a talented comedian and ranks among the greats.

07 May 2024 - Kenya, like the rest of the world, is going through tough economic times highly impacting the country’s employment rate.

06 May 2024 - Nairobi City County does not have a legal and regulatory framework for green or climate finance, has no familiarity with green bond frameworks and requirements.

06 May 2024 - JAKARTA, May 6 (Xinhua) — Indonesia’s economy grew by 5.11 percent year on year in the first quarter of this year, Statistics Indonesia BPS announced on Monday. The quarterly growth marks the highest for a first quarter since 2015, said acting head of…

06 May 2024 - The High Court has ordered the preservation of more than Sh62 million seized in cash from a businessman said to be a kin to former Treasury CS Ukur Yatani

06 May 2024 - Chad is about to become the first of Africa's current junta-led states to transition to democratic rule with its ongoing presidential election on Monday.

06 May 2024 - Josiah Kariuki alongside his two companies, 51 Capital Kenya and SBL innovative, were charged before Milimani anti-corruption court magistrate Celesa Okore.

06 May 2024 - With Russia’s stated interest in the African market, more countries on the continent are beginning to gravitate towards partnering with the Asian giant. This time it is the Central African nation of São Tomé and Príncipe, that have decided to enter a…

06 May 2024 - NAIROBI, Kenya, May 6 – The National Cereals and Produce Board (NCPB) has suspended Joseph Kimote as MD amid fertilizer scandal charges. Samuel Karogo, who currently serves in the organization as Finance and Accounting General Manager, will occupy the…

06 May 2024 - NAIROBI, Kenya, May 6 – Equity Bank is Kenya’s most valuable company, a new global ranking shows, coming on the back of regional and local expansions. Brand Finance, the world’s brand valuation consultancy, data reveals that the lender recorded a brand…

06 May 2024 - ISTANBUL, May 6 (Xinhua) — Turkish authorities have decided to impose fines totaling 1.9 million U.S. dollars on businesses found guilty of exorbitant price increases and stockpiling, amid high inflation, the Turkish Trade Ministry said on Monday. The…

06 May 2024 - NAIROBI, Kenya, May 6 – The East African Security Regulatory Authorities (ESRA) have agreed to develop regional frameworks for sustainability-linked financing and carbon credit markets in the region. In a statement, ESRA stated that the framework would…

06 May 2024 - NAIROBI, Kenya, May 6 – Kenya’s private sector recorded a stable business operating condition in the month of April 2024. Stanbic Bank Kenya’s Purchasing Manager’s Index (PMI) attributes the above to an improvement in sector activities,which improved…

06 May 2024 - NAIROBI, Kenya, May 6 – Kenya’s private sector recorded a stable business operating condition in the month of April 2024. Stanbic Bank Kenya’s Purchasing Manager’s Index (PMI) attributes the above to an improvement in sector activities,which improved…

06 May 2024 - Held for the third consecutive year in Botswana, the Forbes Under 30 Summit Africa welcomed delegates from all over the world last night at a grand opening ceremony celebrating youth entrepreneurship. In the country’s capital, Gaborone, thousands…

06 May 2024 - Heavy rainfall and floods are expected to slow down private sector activity.

06 May 2024 - NAIROBI, Kenya, May 6 – Kamukunji Member of Parliament, Yusuf Hassan, has urged business entities to invest heavily in Eastleigh. Speaking during a meeting where Crown Paint met with Somali property developers in Eastleigh, Hassaan stated that the…

06 May 2024 - The potential of Africa’s rice market has caught the attention of the East Asian nation of South Korea. The ability of the continent to grow this staple crop has piqued the interest of South Korea which then decided to introduce the K-Rice seed, a…

06 May 2024 - The milestone speaks for itself: it’s the 10th anniversary of FORBES AFRICA’S 30 under 30 list, and just like the honorees who have come before them, the class of 2024 too are driven by impact. Profits aside, it’s about achieving success with innovation…

06 May 2024 - Cooperatives CS Chelugui dismisses the Kenya Union Savings and Credit Cooperatives board and managers over financial impropriety; a fifteen-member interim board to be appointed.

06 May 2024 - They continue to strengthen digital payment solutions in Kenya.

06 May 2024 - This is aligned with its investor protection mandate.

06 May 2024 - Majority of MSMEs at 48.6 percent invest over Sh200,000 into their business.

06 May 2024 - The percentage of married women using modern methods is lowest in Arid and Semi-Arid  counties.

06 May 2024 - The Nigerian Electricity Regulatory Commission (NERC) has directed the System Operator (SO) at the Transmission Company of Nigeria (TCN) to cut back supplies to customers in Benin Republic, Niger, and Togo to boost domestic supply.

06 May 2024 - Audit reveals Kuscco officials oversaw “out of character” cash withdrawals totalling Sh5.5 billion between February 2013 and April 2024.

06 May 2024 - The selected organisations will focus on areas like climate, economic opportunities, health, education, and crisis response

06 May 2024 - This will add to Accor’s offering in the Kenyan market, which include Fairmont the Nofolk and Mövenpick Hotel & Residences

06 May 2024 - Large labor forces are closely associated with increased productivity and production in all economic sectors. In African nations, industries such as manufacturing, services, and agriculture contribute significantly to GDP due to their large labor force…

06 May 2024 - NAIROBI, Kenya, May 6 – Pullman Hotels and Resorts, a hospitality brand by Accor, is set to open its Upper Hill Branch in Nairobi come June 2024. The Hotel will be the first ever Pullman Accor branded in Kenya and the East Africa region. According to…

06 May 2024 - HANOI, May 6 (Xinhua) — Prices of the Vietnamese rice in the global market rose by 3 to 8 U.S. dollars per ton last week, helping the Southeast Asian country return to the top position in terms of export rice prices, Vietnam News Agency reported Monday…

06 May 2024 - NAIROBI, Kenya, May 6 – Global apparel and footwear manufacturer Youngone will set up an apparel and footwear factoryat the Athi River Export Processing Zone. This was announced yesterday by Cabinet Secretary for the Ministry of Trade and…

06 May 2024 - NAIROBI, Kenya, May 6 – Asset financier MOGO has opened its first-ever electric motorbike showroom in Nairobi, targeting boda boda operators. The company says it is keen on fostering the adoption of environmentally friendly transportation in the country…

06 May 2024 - Africa is buzzing with lively economies, all thanks to the hard graft of its people. The continent has even been dubbed the world's future workplace due to its ballooning young population. However, beneath the surface of economic growth lies a huge…

06 May 2024 - US Ambassador to Kenya Meg Whitman says manufacturing has huge potential to transform the country.

06 May 2024 - The sections affected are between off Ruaka Road roundabout and Magnolia close (The Lord Erroll Restaurant).