Business

23 July 2024 - The monetary policy committee of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 50 basis points, raising it from 26.25% to 26.75% in response to galloping inflation.

23 July 2024 - Mr Patel is in line to bank Sh12.8 million from the final dividend.

23 July 2024 - The EU launched an investigation on Tuesday to determine whether online food-delivery companies Delivery Hero and Glovo engaged in anti-competitive practices.

23 July 2024 - The government recently disclosed that State-owned airports across the country face a Sh260 billion (Sh2 billion) financing hole to bring their operations up to date.

23 July 2024 - Days after announcing her exit from the Kenya Broadcasting Cooperation (KBC) after three years of service, news anchor Shiksha Arora has landed a new job. Arora has joined TV47 as a part of the dream team for the Cape Media-owned station. In an advert…

23 July 2024 - Africa and the Arab World have decided to further deepen their economic ties. This recent development aims to build upon a 50 year partnership and mobilize financial resources for Africa's development. The partnership was announced at the 6th AU Mid-…

23 July 2024 - Commuters using the Nairobi-Mombasa Standard Gauge Railway (SGR) passenger train will pay Ksh.20,000 for a return premium class ticket, the Transport Ministry has announced.

23 July 2024 - The lender’s funding to the country started peaking in 2013.

23 July 2024 - TOPLINE The use of GLP-1 medications like semaglutide for weight loss has increased twofold over the past decade, but declined in use among type 2 diabetics, according to a new study, and the researchers warn the resulting and ongoing drug shortage may…

23 July 2024 - Anti-government protesters are preparing to 'shut down' and 'occupy' key locations in Nairobi's CBD and various towns across the country.

23 July 2024 - A senior U.S. official stated that Dan Gertler’s royalties in the Democratic Republic of Congo should be directed to the country’s government as a condition for any agreement that would alleviate sanctions on the billionaire mining magnate accused of…

23 July 2024 - VALLETTA, July 23 (Xinhua) — The Armed Forces of Malta (AFM) on Monday night rescued three workers on an oil tanker passing through Maltese territorial waters. The army said in a statement on Tuesday that the rescue operation was carried out after the…

23 July 2024 - JULY 23 – In a surprise move Google has abandoned a plan it first announced four years ago to block third-party cookies from its Chrome internet browser. The UK’s data privacy watchdog said it was “disappointed” by the decision. Cookies are small files…

23 July 2024 - Boda boda riders take on anti-government protesters in Nairobi.

23 July 2024 - NAIROBI, July 23 (Xinhua) — Kenya’s Ministry of Education said on Monday that it is committed to harnessing science, technology and innovation to empower the youth and spur development in the country. Beatrice Inyangala, principal secretary in the…

23 July 2024 - Digital insurance platform mTek has partnered with payroll solution firm Workpay to simplify access to motor insurance cover for employees on the Workpay system.

23 July 2024 - Diesel prices vary per country due to variables like taxes and subsidies. Despite having access to the same international petroleum pricing, each country imposes its own set of levies, even amongst African countries. As a result, retail costs for…

23 July 2024 - Ms Waswa is among the first group of 30 students from 28 countries who completed development week in Switzerland.

23 July 2024 - The former presidential candidate for Nigeria's Labor Party: Peter Obi has spoken on the ongoing debacle between the government and Africa's richest man; Dangote. Dangote's refinery has been plagued by a series of challenges, stemming from its…

23 July 2024 - NAIROBI, Kenya, July 23 – Former Bomet Governor Isaac Ruto risks facing a lawsuit over an alleged unpaid sum of Sh5 million for 50 cattle supplied to his ranch for a beef project. In a letter to Ruto, Nicholas Teeka, through his lawyers, Kalwa…

23 July 2024 - A recent increase in the pipeline tariff is expected to generate an additional Sh1 billion in revenues for the Kenya Pipeline Company (KPC) over the current financial year.

23 July 2024 - The cost of owning and operating a virtual post office box would go up from the current Sh400 to Sh9,450 for corporates and Sh2,000 for individuals.

23 July 2024 - JULY 23 – Philippine President Ferdinand Marcos Jr marked his third year in office by emphasizing his administration’s moves toward combating inflation, poverty and joblessness, the key concerns of most Filipinos, and also a ban on offshore gaming…

23 July 2024 - NAIROBI, Kenya, July 23 – Public transport service provider Kenya Bus Service (KBS) has acquired its first electric bus as it modernizes its fleet. The bus operator acquired a 36-seater electric bus built at Kenya’s first electric vehicle assembly line…

23 July 2024 - Dorothy Otieno has been contributing to safe and affordable cooking since 2016.

23 July 2024 - NAIROBI, Kenya, July 23 – Users of the Standard Gauge Railway (SGR) premium services will have to pay Sh20,000 round-trip to enjoy the new services. This was announced yesterday by the Ministry of Roads and Transport principal secretary, Mohamed Daghar…

23 July 2024 - NAIROBI, Kenya, July 23 – Users of the Standard Gauge Railway (SGR) premium services will have to pay Sh24,000 round-trip to enjoy the new services. This was announced yesterday by the Ministry of Roads and Transport principal secretary, Mohamed Daghar…

23 July 2024 - Victor Otieno decided to start processing the crude oil in 2022 after receiving training.

23 July 2024 - JULY 23 – Tesla boss Elon Musk says the electric vehicle car maker will start producing and using humanoid robots from next year. In a social media post, Mr Musk said the robots will first be used by Tesla, which will start making them to sell in 2026…

23 July 2024 - JAKARTA, July 23 (Xinhua) — Indonesia is planning to broaden its mineral and coal online tracking system, known as Simbara, to include several commodities, including copper, gold and bauxite, said the country’s Minister for Energy and Mineral Resources…

23 July 2024 - MOMBASA, Kenya, July 22 (Xinhua) — Kenya on Monday received 20 new passenger coaches from China to increase transport capacity and improve passenger experience. They include 10 revamped economy-class coaches, four premium-class coaches, one dining car…

23 July 2024 - The government will tap the private sector to exploit employment opportunities in the digital economy by laying down the necessary infrastructure.

23 July 2024 - Public service vehicle stakeholders have issued a 7-days strike notice

23 July 2024 - Depreciation risks setting up consumers for a new wave of currency-driven price increases.

23 July 2024 - The energy transition presents Africa with an opportunity to leapfrog to cleaner technologies, avoiding the pitfalls of carbon-intensive development seen in other regions.

23 July 2024 - Many World Trade Organization (WTO) members have shown support for a group of African countries advocating for Director-General Ngozi Okonjo-Iweala to pursue a second four-year term, Bloomberg reported.

23 July 2024 - Nairobi, Nakuru, Turkana and Kakamega each missed out on more than Sh1 billion.

23 July 2024 - Harrison Nampaso, the chairman of the Mara Managers Association, says bed occupancy in the lodges currently stands at 70 percent.

23 July 2024 - At first, Sia Sambeke wanted a small manageable place, but Kerarapon turned out better and bigger.

23 July 2024 - Latest disclosures point to more than 5,000 workers who are affected by Dr Ruto’s directive.

23 July 2024 - The depreciation now risks setting up consumers for a new wave of currency-driven price increases on imported commodities.

23 July 2024 - A total of 35 counties have not received more than Sh500 million each.

23 July 2024 - Kenya used Sh56.8 billion to service a loan from China for building the SGR.

23 July 2024 - Since the digital ID was introduced in November last year, the National Registration Bureau (NRB) has issued 972,630 Maisha cards.

23 July 2024 - Beyond the fundamental responsibilities that saccos fulfil, they often offer additional, understated benefits such as life cover policies.

23 July 2024 - Twisters is a 2024 American disaster film that exploits its absurd plot to create thrilling moments of absolute genius or idiotic decision making.

23 July 2024 - From the screen to the stage, Robby Collins is what you would consider an all-around entertainer.

23 July 2024 - Britam’s professional indemnity insurance includes a built-in Last Expense benefit.

23 July 2024 - The CBO says that the water hyacinth system seems to be the best choice and is like killing three birds with one stone.

23 July 2024 - Through the Equity Group Foundation, WFP and Equity will provide training to value chain actors to help them access finance.