20 June 2024
- The air travel connection between America and Africa has historically been limited. In the mid-20th century, flights were infrequent and primarily catered to diplomatic missions, business elites, and adventurous tourists.
20 June 2024
- Kenya's creative and media sectors have recently posted significant growth, riding on advancements in digital technology and increasing global connectivity.
20 June 2024
- NAIROBI, Kenya June 20 – The controversial Finance Bill 2024 passed the second reading in the National Assembly Thursday amid street protests in Nairobi and other major towns. The Bill sailed through with 204 votes in favour and 115 against in what has…
20 June 2024
- With financing partners on board, Nigeria is transforming its energy landscape, tackling a longstanding crisis that has deprived approximately 40% of its population – 85 million people – of access to electricity, a vital driver of economic growth and…
20 June 2024
- Finance CS Prof Njuguna Ndungu in the letter has listed 45 offices within the executive, Judiciary, and parliament that will be hit by the budget cuts in case parliament fails to pass the bill.
20 June 2024
- The largest economy in Africa, Nigeria, is still mostly dependent on imports to satisfy the needs of its expanding population. This reliance on imports affects many industries, from luxury goods and technology to necessities like food and medicine.…
20 June 2024
- In the modern age of warfare, military aircraft fleets have become a critical component of a nation's defence. African countries, recognizing the importance of maintaining robust military air capabilities, have invested in expanding and modernizing…
20 June 2024
- Energy prices recorded an increase of 223% one year into Nigeria’s current administration. A report by the National Bureau of Statistics in the Punch newspaper revealed that since the current president of Nigeria, Bola Tinubu took office, the price of…
20 June 2024
- JUNE 20 – Booking.com is warning artificial intelligence (AI) is driving an explosion in travel scams. The firm’s internet safety boss, Marnie Wilking, said there had been “anywhere from a 500 to a 900% increase” in the past 18 months. She said there…
20 June 2024
- EMALI, Makueni, June 20 – It was around 1996 in Sweden when Mutuku Wa Muindi’s passion for Akamba culture and artifacts flourished. Being a student in the country at the time, he got an opportunity to visit an artifact exhibition in Stockholm to see…
20 June 2024
- NAIROBI, Kenya, June 20 – Credit disbursed by Tala, a digital credit company, in Kenya has reached Sh300 billion, ten years after entering the country. In the 2023 Tala Impact Report, which was released today, the fintech disburses about Sh10 billion…
20 June 2024
- NAIROBI, Kenya, June 20 – 200 C-suite leaders from Kenya and around the globe will be attending the first edition of the ‘Future of Power’ with responsible leadership and soft power skills at the centre of discussion. The 73rd meeting will be the first…
20 June 2024
- NAIROBI, Kenya, June 20 – 200 C-suite leaders from Kenya and around the globe will be attending the first edition of the ‘Future of Power’ with responsible leadership and soft power skills at the centre of discussion. The 73rd meeting will be the first…
20 June 2024
- Investments, Trade and Industry Cabinet Secretary, Rebecca Miano, has called on digital lending firms to address the challenge of limited access to affordable credit for small businesses.
20 June 2024
- Kenyan manufacturers have won big as Parliament's Finance and National Planning Committee strikes out several proposed levies from the Finance Bill 2024.
20 June 2024
- Njuguna Ndung'u releases a fallback plan should the National Assembly not ratify the Treasury’s revenue-raising measures for the fiscal year starting July.
20 June 2024
- NAIROBI, Kenya, June 20 – Airtel Kenya targets 53 new network sites by the end of the year in Mandera County, growing its presence in the North-Eastern Kenya. So far, the telco has established nine sites in the devolved unit. In total, it plans to put…
20 June 2024
- From fintech to foodtech solutions; from beauty brands to biotech infusions, FORBES AFRICA’s inaugural list of Small Giants across Africa showcases the tenacity of homegrown businesses and their impact on the communities they serve. Their pan-African…
20 June 2024
- NAIROBI, Kenya, June 20 – Capwell Industries Limited, a Thika-based diversified food & beverage manufacturer, has announced the addition of essential vitamins and minerals to its existing Pearl Rice brands. This enhancement, also known as…
20 June 2024
- JUNE 20 – A bold and new generation of young Kenyan protesters has emerged on the streets forcing the government to back down on some of a slew of unpopular tax proposals. What started as anger on TikTok about a controversial finance bill has morphed…
20 June 2024
- NAIROBI, Kenya, June 20 – Treasury has written to the National Assembly Clerk on proposed budget rationalization if revenue-raising measures in the 2024 Finance Bill are not approved. National Treasury Cabinet Secretary Njuguna Ndung’u warned that the…
20 June 2024
- Kenya’s National Treasury has warned that putting contentious tax measures on hold could create a 200 billion shilling ($1.6 billion) funding gap for a country that recently sought financial assistance from the International Monetary Fund.
20 June 2024
- JUNE 20 – Chinese car companies have called on Beijing to hit European Union rivals with import taxes of up to 25% if the trading bloc imposes tariffs on vehicles from China, the country’s state media has reported. The demand was reportedly made at a…
20 June 2024
- NAIROBI, Kenya, June 20 – South African fund manager Vantage Capital has announced Sh6.2 billion ($47.5 million) to support the development of the Two Rivers International Finance and Innovation Centre (TRIFIC SEZ). Centum Investment Company will use…
20 June 2024
- The government will continue to pursue more partnerships and collaborations to build capacity for exploring space science technology opportunities.
20 June 2024
- RABAT, June 20 (Xinhua) — Morocco’s airports recorded a commercial traffic volume of 12,353,496 passengers in the first five months of 2024, witnessing a 19-percent increase year-on-year, the Moroccan Airports Authority (ONDA) said on Wednesday.…
20 June 2024
- JUNE 20 – The families of victims in two Boeing 737 Max plane crashes have asked for prosecutions and a fine of $24.8bn for “the deadliest corporate crime in US history”. The families’ lawyer Paul Cassell said the amount was “justified and clearly…
20 June 2024
- NAIROBI, June 19 (Xinhua) — The United Nations World Food Program (WFP) announced on Wednesday that it has secured a contribution of 37 million U.S. dollars to provide critical food and nutrition assistance to refugees in Kenya, which will enable the…
20 June 2024
- A couple of Russian warships recently touched down at the Tobruk naval base in eastern Libya for a courtesy visit. The visit was commemorated on Sunday via a ceremony put together by the Libyans to welcome the Russia's partnership. This is part of…
20 June 2024
- Sudan and the United Arab Emirates (UAE) got into a heated dispute at the United Nations Security Council (UNSC). The discourse resulted from a serious allegation Sudan laid at the feet of the United Arab Emirates. However, the UAE responded that Sudan…