Business

16 April 2024 - HANOI, April 16 (Xinhua) — The State Bank of Vietnam will resume gold bar bidding after 11 years, Vietnam News Agency reported Tuesday. The move aims to increase the supply of gold to the market, promptly and immediately settle the high difference in…

16 April 2024 - NAIROBI, Kenya, April 16 – The National Assembly Administration and Security Committee is considering the Bribery Amendment Bill that seeks to commission police uniforms without pockets and install CCTV cameras to monitor the behaviour of traffic…

16 April 2024 - American video streaming company Netflix, technology giant Apple and British oil multinational Shell are among the top global companies capitalising on Kenya’s voluntary carbon market (VCM), a new report by the World Bank shows.

16 April 2024 - 60 percent of the surveyed journalists indicated that their newsroom lacks an AI use case policy

16 April 2024 - Kenya's demand for sugar stands at around 1 million metric tons while the country's production capacity is around 50 percent of the local demand.

16 April 2024 - The bank through senior lawyer George Oraro approached the highest court in the land seeking to block the company from demanding the amount.

16 April 2024 - The Institute of Public Finance however says sectors such as education, agriculture and culture will get a slash

16 April 2024 - Tourism and Wildlife Cabinet Secretary Alfred Mutua has warned that some hotels currently enjoying Five Star status could be downgraded for failing to meet the standards.

16 April 2024 - The detrimental effects of weak central administrations in African countries are numerous, affecting every part of society, from economic progress to political stability and social welfare. As a result, governments must tow the thin line between…

16 April 2024 - Oluwatomi Solanke is the CEO of Trove Finance, driving the company's mission to democratize access to global stock markets through micro-investing. We had an in-depth conversation with him to explore his pioneering role in Nigeria's micro-investment…

16 April 2024 - NAIROBI, Kenya, April 16 – Healthcare provider Nairobi West Hospital has leveraged artificial intelligence (AI) to perform the country’s first-ever digital PET scan. The facility says the move signifies a great leap in cancer diagnosis and evaluation…

16 April 2024 - As Kenya's economy recovers, its president, William Ruto, appears to be gaining the goodwill of his people. Since the year began, Kenya’s economy has continued to experience significant wins. From the gaining of its currency to the reduction of…

16 April 2024 - NAIROBI, Kenya, April 16 – Food for Education (F4E), a locally led school feeding program, says that it has expanded its reach in the country. F4E has unveiled a new green Giga Kitchen capable of producing 60,000 meals per day, growing monthly meals…

16 April 2024 - The Karibu centres are the perfect antidote. They are at once a source of information and, at the same time, facilities to aid in the registration of businesses.

16 April 2024 - NAIROBI, Kenya Apr 16 – Former Director General of the Kenya National Museums, Mzalendo Kibunja, along with administrative officers from his tenure have been charged for corruptly receiving Sh400 million from the organization under the guise of paying…

16 April 2024 - ABIDJAN, April 16 (Xinhua) — Cote d’Ivoire’s government is developing a law aimed at regulating all actions on climate change in the country, according to Ivorian Press Agency. The Ministry of the Environment, Sustainable Development and Ecological…

16 April 2024 - NAIROBI, Kenya, April 16 – The Kenya Revenue Authority (KRA) has embarked on a tax literacy drive that seeks to impart tax-related know-how to learners. KRA will be hoping to achieve this during this year’s Kenya National Drama and Film Festival (…

16 April 2024 - The OPEC+ oil producers coalition, having seen departures like Angola in recent times, is considering Namibia for potential membership.

16 April 2024 - The Central Bank of Kenya (CBK) has released its latest Agriculture Sector Survey, highlighting a general decline in prices of key food items in March compared to February 2024.

16 April 2024 - Kenya Marine Fisheries Research Institute has issued an alert over the rising water level in the Indian Ocean, making its way into hotels and other establishments along the beach at the Coast.

16 April 2024 - NAIROBI, Kenya, April 16 – The RHIPFactory Venture Studio, in collaboration with Qhala Kenya and Africa CDC, is organizing the BuildHealth4Africa Hackathon, scheduled to take place in Nairobi, Kenya, from April 19th to 21st, 2024. The two-day event…

16 April 2024 - Gladys started her chicken business with a modest structure where she raises chicks from one day old to one month old and then sells them.

16 April 2024 - Laboratory tests of the children's cough syrup found high levels of toxicity.

16 April 2024 - As recently reported, investment in Nigeria experienced a very dramatic decline over the last decade. To elaborate, Foreign Direct Investments (FDI) in Nigeria fell by $19bn in 10 years. The country's FDI went from $22.7bn in 2014 to $3.7bn in 2023.…

16 April 2024 - Navigating the property market in Lagos can often feel like an exercise in sticker shock, with eye-watering prices making homeownership seem like an elusive dream for many. The soaring costs of renting or buying a home in Nigeria's bustling metropolis…

16 April 2024 - UNITED NATIONS, April 15 (Xinhua) — UN Secretary-General Antonio Guterres on Monday called for the “wholesale reform” of the global financial architecture and specifically, its approach to debt. He made the appeal at a high-level thematic debate on…

16 April 2024 - NAIROBI, Kenya, April 16 – SasaPay, a digital payments service provider, has entered into a deal with Presta Capital and Nirvana Creditto allow payment transactions for users. According to SasaPay’s Chief Operating Officer (COO), Daniel Njoroge, the…

16 April 2024 - NAIROBI, Kenya, April 16 – South Africa (SA) has recorded an increase in the number of tourist arrivals from Kenya and Zimbabwe,highlighting the growing intra-African tourism industry amid the removal of visa restrictions among countries. SA’s…

16 April 2024 - Boeing defended its safety practices Monday, touting aircraft testing protocols as it girds for a tough congressional hearing featuring critics of the embattled aviation giant.

16 April 2024 - Tanzania, Rwanda, and Zimbabwe's drug regulators have recalled a batch of Johnson & Johnson children's cough syrup, following findings by Nigeria of elevated toxicity levels in its laboratory tests.

16 April 2024 - Feedback from the Davos meetings of the World Economic Forum (WEF) has always been useful. Historically, the discussions with world leaders, both politi- cal and corporate, provide insight into what is expected in the year ahead. The post-event mood…

16 April 2024 - Poultry producers have protested an alleged push by the US to have Kenya open up its market to finished agricultural products.

16 April 2024 - In 2022 alone, the firm underwrote Sh618 million in Gross Written Premiums.

16 April 2024 - NAIROBI, Kenya, April 16 – Equity Bank has expanded its money transfer services to over 30 countries through a new deal with Mastercard, a global payment platform. Remittances are vital in sub-Saharan Africa, with a reported $53 billion flowing into…

16 April 2024 - SEOUL, April 16 (Xinhua) — South Korea’s money supply grew for the ninth successive month due to robust demand for deposits and securities, central bank data showed Tuesday. The seasonally-adjusted M2, or broad money, rose 0.1 percent in February…

16 April 2024 - NAIROBI, April 15 (Xinhua) — Kenya will reduce its public sector wage bill to 35 percent of the national revenue by 2028, down from the current 43 percent, to unlock more funds for the country’s development, an official said Monday. “A fiscally…

16 April 2024 - World Bank has listed it as best performing currency in Sub-Saharan Africa.

16 April 2024 - According to CBK, leading indicators point to the continued strong performance of economy

16 April 2024 - The current state of online gambling in New Zealand reflects a dynamic landscape, with evolving regulations aimed at balancing consumer protection with the industry's growth and technological advancements.

16 April 2024 - The National and county governments have breached pay limits.

16 April 2024 - KWS plans to lease at least 13 tourist camps to private investors as part of arrangements to boost its revenues.

16 April 2024 - Tea farmers are facing a decline in earnings this year as prices of the beverage tumble at the weekly Mombasa auction.

16 April 2024 - Giant US companies top the list of global players snapping up deals in Kenya’s nascent voluntary carbon market.

16 April 2024 - Retail investors hold a larger share of government debt than insurance firms and parastatals combined.

16 April 2024 - CBK has published draft rules to guide banks in classifying whether particular economic activities are environmentally sustainable.

16 April 2024 - Poultry producers have protested an alleged push by the US to have Kenya open up its market to finished agricultural products.

16 April 2024 - Giant US companies top the list of global players snapping up deals in Kenya’s nascent voluntary carbon market.

16 April 2024 - Of late, many Kenyans are moving from Kenya to other countries – one of them is Ireland – and they are moving especially for studies and work. Last week, I had an opportunity to sit with Hezron Kipteyo of the Pears Education Consultants, who offered…

16 April 2024 - Epra last week said it is looking into the possibility of restricting LPG imports and would only allow importation through the Open Tender System.

16 April 2024 - Seven Seas Technologies will pay a lower Sh289.84 million in taxes instead of the Sh900.4 million claimed by KRA.