Business

25 April 2024 - The office of the governor will receive an additional Sh30 million.

25 April 2024 - NAIROBI, Kenya, April 25 – Over 10 million people are projected to engage in online shopping for groceries by 2027, following the rapidly growing demand. The latest Competition Authority of Kenya (CAK) study titled ‘Online Food and Groceries Delivery…

25 April 2024 - MALE, April 25 (Xinhua) — The Maldives is taking steps to reduce U.S. dollar transactions outside the formal banking system to ensure that there is no dollar shortage in the country, Maldivian media reported on Thursday, quoting Minister of Finance…

25 April 2024 - NAIROBI, Kenya, April 25 – Communities residing around Tatu City will enjoy high-speed internet connectivity after Rendeavour, the owner of the project, founded a firm to offer broadband services. Through the new company, Fahari Link, underserved…

25 April 2024 - NAIROBI, Kenya, April 25 – State Department of Co-operatives Commissioner Patrick Kilemi has said that the government is undertaking various reforms in the coffee sector to ensure that farmers are not exploited. Kilemi, in response to queries raised…

25 April 2024 - NAIROBI, Kenya, April 25 – The Kenya Ports Authority (KPA) has signed a memorandum of understanding (MoU) with the Kenya Pipeline Company (KPC) to enhance petroleum handling at the Kipevu Oil Terminal II at the Port of Mombasa.  The MoU was signed by…

25 April 2024 - TOKYO, April 25 (Xinhua) — The Japanese yen continued to drop against the U.S. dollar to a fresh low in 34 years on Thursday after sinking below the 155 psychological mark, keeping the market on alert for possible interventions. On Thursday, the yen…

25 April 2024 - The regional tourism fair is scheduled to run between October 2-4 at the Uhuru Gardens.

25 April 2024 - Bitcoin, the pioneer cryptocurrency, is known for its wild price swings, a characteristic that often captivates both traders and spectators alike.

25 April 2024 - In recent years, institutional investment in the cryptocurrency market, particularly in Bitcoin, has seen a remarkable shift from skepticism to widespread adoption.

25 April 2024 - Kenya has joined a growing list of nations seeking to regulate TikTok in a bid to combat false information, fraud, and the distribution of sexual content. According to reports, the Kenyan government has advised lawmakers against banning TikTok and…

25 April 2024 - Democratic Republic of Congo (DRC) has raised concerns with Apple Inc. that the company’s supply chain may be adulterated by conflict minerals sourced from the country.

25 April 2024 - NAIROBI, Kenya, April 25 – The Kenya Revenue Authority (KRA) Tax Amnesty Programme has netted Sh20.8 billion in overdue principal taxes, with Sh28.7 billion having been self-declared as unpaid taxes. The taxman added that taxpayers who have defaulted…

25 April 2024 - BUENOS AIRES, April 24 (Xinhua) — Argentina’s government on Wednesday promised not to close or defund public universities following massive marches across the country demanding continued funding of higher education. “It will never be on our agenda to…

25 April 2024 - Over the years, Rwanda has earned a reputation for being open and receptive to foreign investors and entrepreneurs. This has made Rwanda an increasingly attractive destination for Kenyan entrepreneurs seeking business opportunities, particularly in…

25 April 2024 - Safaricom has partnered with the Kenyan government to train 10,000 youthful Kenyans and impact them with technical skills relating to the installation of fibre optic internet connection. ‍The new project will be undertaken through a programme dubbed “…

25 April 2024 - The National Assembly has approved the Kenya-European Union (EU) Economic Partnership Agreement.

25 April 2024 - TOPLINE Food recalls in 2023 reached the highest levels the U.S. has recorded since the beginning of the COVID-19 pandemic, mainly driven by undisclosed allergens and listeria contamination, according to a new report released Thursday. KEY FACTS Some…

25 April 2024 - LOS Angeles, April 25 – Construction has commenced on a $12 billion high-speed passenger rail line connecting Las Vegas and the Los Angeles area, aiming to cut travel time between the two cities by half. Brightline West, affiliated with a company…

25 April 2024 - NAIROBI, Kenya, April 25 – Kenya Tourism Board (KTB) targets a 20 percent growth in the number of delegates set to participate in the 13th edition of the Magical Kenya Travel Expo (MKTE). The regional tourism fair, scheduled to run from October 2nd to…

25 April 2024 - NAIROBI, Kenya Apr 25 – President William Ruto says trade and investment between Kenya and at least 27 European Union States is expected to improve after the National Assembly on Wednesday ratified the Kenya-EU Economic Partnership Agreement. Speaking…

25 April 2024 - Over the past year, fuel prices increased in several African countries. Most of Africa, especially its biggest nations, faced significant fiscal challenges at the start of 2023 and, consequently, the new year. However, these pressures are projected to…

25 April 2024 - Uganda’s Ministry of Finance recently disclosed that gold is yet again Uganda’s major export. This assessment is based on data compiled from the last 12 months leading up to February, where the gold trade accounted for 37% of all export revenues. The…

25 April 2024 - An assortment of goods valued at Sh145 million will be cleared from the Mombasa port.

25 April 2024 - ALGIERS, April 24 (Xinhua) — Algeria, Tunisia, and Libya on Wednesday signed an agreement in Algiers to establish a consultation mechanism for the management of shared groundwater resources in the Sahara region, the official APS news agency reported.…

25 April 2024 - SEOUL, April 25 (Xinhua) — South Korea’s biggest automaker Hyundai Motor recorded a single-digit fall in the first-quarter operating profit due to a one-off factor, the company said Thursday. Operating profit reduced 2.3 percent over the year to 3.56…

25 April 2024 - NAIROBI, April 24 (Xinhua) — Kenya launched the National Youth Council Strategic Plan 2024-2028 on Wednesday, providing a roadmap to boost youth empowerment. Ismail Maalim Madey, principal secretary for creative economy and sports in the Ministry of…

25 April 2024 - Glovo is the most preferred digital platform for the delivery of food and groceries in Kenya.

25 April 2024 - Substandard building materials entering the country unchecked are slowly killing local companies.

25 April 2024 - Parliamentary team probes how land worth sh697m was sold at sh7.9m.

25 April 2024 - The last 27 years the exports of Kenya to Ethiopia have increased at an annualized rate of 4 percent.

25 April 2024 - This, as the US confirms process in place to renew AGOA.

25 April 2024 - Opening of Japanese car auction firm at Naivasha Economic Zone signals reduced prices

25 April 2024 - Kenya’s debt service costs have now overtaken its combined spending on recurrent and development projects.

25 April 2024 - Besides weight loss and easing bloating and menstruation pain, other women are using castor oil for skin and haircare.

25 April 2024 - The CMA board has declined a petition to allow the NSE board to determine the term limits for its chief executive and chairperson.

25 April 2024 - The government has exempted cooking gas meters suppliers from paying the 16 percent VAT.

25 April 2024 - Live wedding paintings are quickly becoming more popular.

25 April 2024 - Somalia has removed several investment screening regimes that barred the deployment of capital.

25 April 2024 - Taxpayers are staring at about Sh1.7 trillion losses in contentious and uncollected taxes.

25 April 2024 - You will need a degree, diploma, or certificate in an agricultural course to sell farm inputs such as fertiliser and animal feeds.

25 April 2024 - Some 100 homeowners at Greatwall Gardens in Athi River risk losing their units.

25 April 2024 - When Peter Wachira and Collins Muthinja put together a foolproof business plan and approached financiers, they quickly discovered that it would take more than a good pitch to get their travel...

25 April 2024 - Taxpayers are staring at about Sh1.7 trillion losses in contentious and uncollected taxes.

25 April 2024 - The weakening of the shilling lifted Absa Bank Kenya’s debt load by Sh4.2 billion to Sh24.02 billion

25 April 2024 - Locally assembled smartphones are retailing at highs of up to Sh10,559 and could rise further to Sh11,500.

25 April 2024 - Accounting officers in government ministries, parastatals, and county finance officers will take personal responsibility for the non-performance of contractors.

25 April 2024 - Kenya Pipeline Company (KPC) has taken over operations and maintenance of the Sh40 billion Kipevu Oil Terminal 2.

25 April 2024 - A code of ethics is something that can be referred to during disciplinary proceedings.

25 April 2024 - As the world continues to learn about the capabilities and implications of the emerging technology of Artificial intelligence (AI), Amazon launched the New Amazon AI initiative, its “AI Ready” commitment aimed at providing free AI skills training to 2…