Business

03 May 2024 - Despite current economic challenges, the retail industry in Kenya has been growing, contributing greatly to the country’s economy.

03 May 2024 - EVs include cars, buses, trucks, tuk-tuks, and motorbikes, which are expected to comprise the mobility of the future.

03 May 2024 - The corruption risks around the subsidised fertiliser programme are massive.

02 May 2024 - Less than 10 per cent of HNWIs plan to put their money into commercial properties this year.

02 May 2024 - Doctors have been on strike for weeks over unfulfilled collective bargaining agreement.

02 May 2024 - The South Sudanese Banking sector regulator has said the country's economy is open for business and highlighted its potential for foreign investment.

02 May 2024 - Co-operative Bank of Kenya says it has set aside a Sh3.375 billion war chest for affordable loans to small businesses owned by Kenyan women.

02 May 2024 - Expensive real estate prices exacerbate the housing affordability dilemma, making it more difficult for regular people to find adequate and affordable housing. Rapid urbanization in many African cities, combined with a scarcity of housing, drives up…

02 May 2024 - TOPLINE Amazon founder and chairman Jeff Bezos, who has an estimated net worth of $199.6 billion, is once again the second-wealthiest person in the world as of Thursday, overtaking Tesla CEO Elon Musk, who has an estimated net worth of $197.4 billion,…

02 May 2024 - Despite withdrawing troops from the countries, the US has said it remains involved with Niger and Chad.

02 May 2024 - TikTok has unveiled new community guidelines to curb the spread of hate speech and misinformation.

02 May 2024 - Africa’s relationship with Russia seems to be growing stronger as Zimbabwe offers to immortalize one of Russia's historical events. The Southern African nation is creating a monument to commemorate the victory of the Soviet Union in the Great Patriotic…

02 May 2024 - NAIROBI, Kenya, May 2 – At the recent World Economic Forum gathering in Riyadh, Saudi Arabia, one topic echoed loudly throughout the discussions: the urgent need for sustainable energy solutions to address the pressing challenges of climate change and…

02 May 2024 - MANILA, May 2 (Xinhua) — The Philippines’ debt reduced to 14.93 trillion pesos (roughly 259 billion U.S. dollars) as of end-March, 1.67 percent lower than the country’s outstanding debt recorded in end-February, the Philippines’ Bureau of Treasury said…

02 May 2024 - Money knows no borders, but sending it across borders used to be a Herculean task, especially in Africa, where it was particularly challenging. While it's still no walk in the park, the proliferation of payment companies on the continent has made the…

02 May 2024 - Okiya Omtatah has moved to court seeking to quash mobile termination rates (MTR) set by Communications Authority of Kenya (CA)

02 May 2024 - Prof Ntarangwi is the immediate former Chief Executive Officer of the Commission for University Education.

02 May 2024 - World Password Day provides an opportune moment to reinforce cyber defenses.

02 May 2024 - Kenya’s e-GP project inception report was prepared and approved sometime last year by June.

02 May 2024 - Kenya's inflation fell to a two-year low in April, recorded at 5%.

02 May 2024 - This is from DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, a subsidiary of KfW Group.

02 May 2024 - The Competition Authority of Kenya (CAK) has unconditionally approved the proposed acquisition of Shanta Gold Limited’s full shareholding by Saturn Resources Limited.

02 May 2024 - NAIROBI, Kenya, May 2 – Payless Africa, a fintech that focuses on digital payments, has launched its Kenyan operations. The firm says that it will leverage technology and target youth to drive its agenda. Its CEO, Kev Muley, said that the firm seeks to…

02 May 2024 - MOSCOW, May 2 (Xinhua) — Russia’s largest carmaker AvtoVAZ in April registered a 12-year high in record monthly sales of its Lada vehicles, the company said Thursday. According to a statement, sales of Lada commercial and passenger vehicles in Russia…

02 May 2024 - NAIROBI, Kenya, May 2 – The government has committed to supporting the growth of local industries in the manufacturing sector to increase its contribution to GDP to 20 percent by 2027. Speaking during the re-commissioning of the East African Portland…

02 May 2024 - NAIROBI, Kenya, May 2 – The Bank of South Sudan Governor, James Alic Garang, has urged Kenyans to invest in the country. Garang gave an example of the property market in cities like Juba, among others, which he added provided huge investment…

02 May 2024 - The regulator set the MTR to Sh0.41 per minute on November 17, 2023.

02 May 2024 - The rights of Kenyan workers in the energy sector must be taken into consideration due to the possible job misalignments that might arise.

02 May 2024 - Eric Ndegwa, a building material supplier, said the government should have involved key players in the mining sector before drafting the regulations.

02 May 2024 - The sector will meet in Nairobi next week for a two-day conference on innovation in retail insurance.

02 May 2024 - We could all do with less controversy and the attendant uncertainty that necessarily follow public participation disputes.

02 May 2024 - The upgrade has been supported by the World Bank-funded Kenya Urban Support Programme (KUSP).

02 May 2024 - The farmers cited a recent announcement by the interim Sugarcane Pricing Committee that reduced sugarcane buying prices to Sh5,100 from Sh6,050 per tonne.

02 May 2024 - The Treasury says only 158 of the 288 parastatals that have been judged viable will be retained.

02 May 2024 - NEW DELHI, May 2 (Xinhua) — Two workers were killed after a boiler exploded inside a rubber factory in the northern Indian state of Punjab, police said Thursday. The explosion took place Wednesday night inside the factory in an industrial area of Jaspal…

02 May 2024 - NAIROBI, Kenya, May 2 – The National Treasury (NA) has reduced the budget for the financial year 2024–2025 by Sh273 billion owing to a decline in revenue collection. This means that the Ministry will cut expenditure from Sh4.188 trillion to Sh3.92…

02 May 2024 - The government targets to borrow more than Sh100 billion to finance more than 50 projects.

02 May 2024 - NAIROBI, Kenya, May 2 – 120 riders on Bolt, a ride-hailing platform, have been selected to undergo a one-month entrepreneurial training course. Under its Accelerator Program in Kenya, they will be trained on online business through the Bolt Academy in…

02 May 2024 - It may sound like a dream, but with the right approach and mindset, you can transform your passion into a source of income.

02 May 2024 - The position was left vacant following the death of General Ogolla.

02 May 2024 - The position was left vacant following the death of General Ogolla.

02 May 2024 - NTT DATA, formerly known as Dimension Data, has urged both private and public institutions across East Africa to reassess their cybersecurity strategies in response to the escalating influence of Generative Artificial Intelligence (Gen-AI) and its…

02 May 2024 - GoSolr, a company supported by South African mogul Patrice Motsepe and the largest bank on the continent, intends to invest 10 billion rand ($537 million) in implementing a program to lease solar panels and batteries to households in the country, which…

02 May 2024 - GoSolr, a company supported by South African mogul Patrice Motsepe and the largest bank on the continent, intends to invest 10 billion rand ($537 million) in implementing a program to lease solar panels and batteries to households in the country, which…

02 May 2024 - Parastatals in energy and infrastructure sectors have the healthiest bank balances.

02 May 2024 - NAIROBI, Kenya, May 2 – Healthcare experts have discussed the importance of artificial intelligence (AI) in the sector, acknowledging its role in enhancing disease detection, optimizing processes, and improving patient care standards. This was…

02 May 2024 - SINGAPORE, May 2 (Xinhua) — Singapore’s major banking group DBS saw its net profit for the first quarter rise 15 percent year on year to a record 2.96 billion Singapore dollars (about 2.18 billion U.S. dollars), according to the bank’s quarterly…

02 May 2024 - NAIROBI, Kenya, May 2 – Legislators have rejected the Sh8 billion Social Health Insurance (SHA) ICT system set to replace the National Health Insurance Fund (NHIF). The lawmakers led by National Assembly Health Committee Chair Robert Pukose stated that…

02 May 2024 - Anchor Bay Productions has been nominated for the Annual Journalism Excellence Awards (AJEA), marking its debut in Kenya’s prestigious journalism awards. The Media Council of Kenya reported a record-breaking 1,081 entries for this year’s awards,…

02 May 2024 - The leaders of numerous African states convened in Nairobi, the capital city of Kenya, to talk about financing for the International Development Association of the World Bank. Discussions on key areas where wealthy nations and their development partners…