Business

16 July 2024 - The tax is collected at the fuel pump with its proceeds going into an annuity fund and the balance to road maintenance, rehabilitation, and development.

16 July 2024 - The program offers young Kenyans a platform to showcase their innovations

16 July 2024 - Kenyans spent a total of Sh5.2 billion  on gaming activities.

16 July 2024 - This expansion is expected to have a significant impact on the dairy value chain in both Uganda and Kenya.

16 July 2024 - The central banks of the United Arab Emirates (UAE) and Ethiopia have formally established a bilateral currency swap agreement valued at up to 3 billion dirhams ($816.79 million).

16 July 2024 - Vehicle types and their conduct are inevitably a crucial element of the plan but are only a fraction of it.

16 July 2024 - At least one person has been confirmed dead in the renewed anti-government protests happening across Kenya on Tuesday.

16 July 2024 - A common presumption is that if the car starts perfectly well when it is warm, but won't start when it is cold, then the cold is the problem. Wrong.

16 July 2024 - Treasury increases fertiliser subsidy allocation to Sh10 billion from the Sh7.5 billion.

16 July 2024 - Hundreds of fans, who paid up to Sh30,000 for tickets, complained about their negative experience.

16 July 2024 - NAIROBI, Kenya, July 16 – Kenya Electricity Generating Company (KenGen) has announced plans to install a 42.5 megawatt (MW) solar power plant along the Seven Forks dams, where the company generates most of its hydroelectricity. The project, which will…

16 July 2024 - JULY 16 – Disney has confirmed it is investigating an apparent leak of internal messages by a hacking group, which claims it is “protecting artists’ rights”. The group, Nullbulge, said it had gained access to thousands of communications from Disney…

16 July 2024 - It is likely to further make it harder or more expensive for the country to access credit.

16 July 2024 - Tigran Gambaryan, who is facing a money laundering charge alongside the cryptocurrency firm, was brought into the Federal High Court in Abuja in a wheelchair on Tuesday.

16 July 2024 - Reports indicate that the visa ban on Nigerians imposed by the United Arab Emirates (UAE) has been lifted. The ban which affected a few other African countries was issued in October 2022. As per the reports, Nigerian passport holders, starting July 15…

16 July 2024 - How Nakuru-based business cut a niche for itself in the carrier bag space.

16 July 2024 - In a recent interview, Africa's richest man, Dangote, revealed why he has no residential property abroad.

16 July 2024 - The history of co-operative societies in Kenya dates back 113 years ago in 1908 when the first co-operative society was established - a dairy co-operative. Today, Saccos are the number one alternative to banks. How did we get here? And what should you…

16 July 2024 - Even though loans from the International Monetary Fund may provide crucial financial assistance and aid in stabilizing an economy, it can sometimes come with significant responsibilities and challenges. A nation's overall debt load increases in…

16 July 2024 - Police, who took to the streets as early as 7am, engaged the protesters as they battled to push them out of the city centre.

16 July 2024 - NAIROBI, Kenya, July 16 – The Kenya Railways Corporation (KRC) has revealed plans to launch SGR Premium Class Coaches, which will offer customers a luxurious rail travel experience and the highest level of comfort. The corporation disclosed that it has…

16 July 2024 - COLOMBO, July 16 (Xinhua) — Sri Lanka’s cabinet has approved a proposal for the implementation of the national policy on indigenous medicine for the period between 2024 and 2034, the government information department said on Tuesday. The department…

16 July 2024 - NAIROBI, Kenya, July 16 – The Motorists Association of Kenya (MAK) has opposed the government’s move to hike the road maintenance and fuel levy from Sh18 to Sh25 per litre terming it illegal. This follows a recent announcement made by the Energy and…

16 July 2024 - Liveblog: Tuesday shutdown protests

16 July 2024 - At least 4.2 million prepaid electricity customers have updated their token meters; Kenya Power GM Eng. Oduor says company targets 7.4m customers ahead of August 31 deadline.

16 July 2024 - According to the Nigeria Extractive Industries Transparency Initiative, Nigeria lost 619.7 million barrels of oil valued at $46.16 billion over a 12-year period. Additionally, the country lost $1.84 billion worth of petroleum products from its…

16 July 2024 - Choice Bank has undergone a remarkable transformation, evolving from a diaspora-focused entity to a local powerhouse.

16 July 2024 - JULY 16 – Shares in Donald Trump’s social media company have surged after he survived an assassination attempt on Saturday. Shares in Trump Media, which runs the Truth Social platform, closed up about 31%. The price had risen as much as 70% in pre-…

16 July 2024 - JULY 16 – Russian antivirus giant Kaspersky Labs has told BBC News that it is leaving the US after the Biden administration banned sales and distribution of the firm’s software. Kaspersky said it had made the “sad and difficult decision” to leave “as…

16 July 2024 - NAIROBI, Kenya, July 16 – The High Court is set to deliberate on an application seeking the appointment of an administrator over the property and affairs of Mediheal Group Limited. The application presented by Trimurti Health Care Limited seeks the…

16 July 2024 - The Federal Government of Nigeria has facilitated the return of 190 Nigerians from the United Arab Emirates (UAE). This current development comes at a time when Nigeria and the UAE resolved their visa ban dispute. So far, the returnees have been…

16 July 2024 - Rwanda’s president; Paul Kagame is set to continue his 2-decade-long tenure as he dominates the polls in Rwanda’s presidential elections.

16 July 2024 - TOPLINE Apple tallied yet another all-time high share price Monday after a pair of investment firms meaningfully hiked their price targets for the stock, the latest positive push for Apple stock ahead of the hotly anticipated release of generative…

16 July 2024 - Uncover, Africa’s emerging beauty brand, successfully closed a $1.4 million Seed II funding round led by EQ2 Ventures and IgniteXL Ventures, with participation from Chui Ventures, Samata Capital and Altree Capital.

16 July 2024 - Global Peace Foundation's (GPF) Kenya's Executive Director Daniel Juma has been awarded the prestigious Hive Africa Global Leaders Award.

16 July 2024 - JERUSALEM, July 15 (Xinhua) — Israeli researchers have created advanced sensors that imitate the complex abilities of natural nervous systems, Ben Gurion University (BGU) announced on Monday. These sensors have wide potential applications in fields…

16 July 2024 - NAIROBI, Kenya, July 16 – A total of 3.2 million customers are yet to update their prepaid meters, Kenya Power has announced. Already, 4.2 million users have updated their meters out of the targeted 7.4 million meters. The utility firm is calling on…

16 July 2024 - BRASILIA, July 15 (Xinhua) — Brazil’s financial market reduced its inflation forecast for 2024 from 4.02 to 4 percent and raised the forecast for 2025 from 3.88 to 3.90 percent, the central bank said Monday. The bank’s weekly “Focus” survey of the…

16 July 2024 - Some 30,155 workers were expected to leave work by end of June 2024

16 July 2024 - Some 30,155 workers were expected to leave work by end of June 2024

16 July 2024 - Either cut Kenya's B credit score by one notch to B-, or leave it where it is and keep it on downgrade warning...

16 July 2024 - More than half of Safaricom’s voice usage in Kenya is now powered by a mix of loaned airtime, freebies and donations.

16 July 2024 - Mr Patel’s stake in the cement firm rose to 30.52 million shares, equivalent to 8.41 percent of the company’s issued shares.

16 July 2024 - Deep-pocketed investors in firms from EAC countries like Uganda, Tanzania, Rwanda and Somalia have been expanding their footprints into Kenya.

16 July 2024 - Farmers cited at least seven challenges that have blocked them from using the warehouses.

16 July 2024 - When Hillary Rugut cleared a maize crop in Nandi County to plant flowers and trees, many of his neighbours thought he was insane.

16 July 2024 - The latest purchases marked the third consecutive quarter of large purchases of the banking stock.

16 July 2024 - Capital Markets Tribunal dismissed an application by Wycliffe Lindong’a Kivunira who had sought to block the CMA from imposing a Sh1 million penalty on him for impropriety.

16 July 2024 - Troy White’s apartment feels warm and it is not just because our host is chatty, friendly and quick to laugh.

16 July 2024 - The Treasury has slashed teacher resource management, electricity distribution and road maintenance.