Business

31 March 2024 - NAIROBI, Kenya, Mar 31 – Dimensions data is set to be rebranded to NTT DATA to increase investment opportunities in East and West Africa. In a statement, Dimensions Data stated that the move came into effect after receiving approval from the…

31 March 2024 - RIYADH, March 30 (Xinhua) — The Saudi Tourism Ministry announced on Saturday that the kingdom witnessed a record-high spending by inbound visitors in 2023, totaling 135 billion Saudi Riyals (36 billion U.S. dollars). In a post on the social media…

31 March 2024 - Despite having functional legal departments, counties opt for expensive external law firms.

31 March 2024 - Public-private partnerships (PPPs) have been rising across Africa to help bring large infrastructure projects to fruition, in sectors from airports to water supply.

31 March 2024 - KPA managing director Captain William Ruto said the revenue collected compared to Sh27 billion registered during the same period in 2023.

31 March 2024 - The Vehicle Inspection Center is expected to enhance road safety by ensuring that vehicles meet the required standards for operation.

30 March 2024 - Inflation rate in March drops to 5.7 per cent from February's 6.3pc despite an increase in prices of food, transport, housing, and water, KNBS says.

30 March 2024 - The immense recovery has been attributed to the weakening of the Kenya shilling against major global currencies and the effects of inflation locally and internationally.

30 March 2024 - Ethiopia has decided to call back some of its citizens living in the most unideal conditions abroad. The country plans to re-introduce thousands of its citizens back to its country. The decision was made public a week back and would be taking effect…

30 March 2024 - In a remarkable turn of events, Nigeria's economy has witnessed a sudden surge with a staggering $1.5 billion influx within just a week. The Central Bank of Nigeria (CBN) has taken center stage in orchestrating this financial boost, strategically…

30 March 2024 - Nigerian businessman Femi Otedola, after falling below the $1 billion has seen his net worth jump to $1.7 billion. The Head of the First Bank of Nigeria Holdings Plc (FBN Holdings), and the CEO of the top power-generating firm, Geregu Power, has seen…

30 March 2024 - The aim of the Summit is to accelerate transformative solutions for a thriving and self-sufficient Africa.

30 March 2024 - In opening a hub at JKIA, Skyward Express which has been operating flights from Wilson Airport, the carrier is seeking to further expand operations in Kenya.

30 March 2024 - NEW DELHI, March 30 (Xinhua) — Indian government has ordered the mandatory declaration of the stock position of wheat on a weekly basis from April, officials said Saturday. It has asked traders, wholesalers, retailers, big chain retailers and…

30 March 2024 - KAMPALA, March 29 (Xinhua) — Uganda’s Ministry of Health said Friday that international donors have significantly cut funding to malaria projects in the country over global crises including conflicts and climate change. Jimmy Opigo, head of the…

30 March 2024 - NAIROBI, Kenya, Mar 30 – Craft beer maker Big Five Breweries Limited has announced the transfer of a portion of its plant, machinery, and equipment to Wananchi Breweries Limited.  This follows the Kenyan-based firm’s decision to enter into an asset…

30 March 2024 - The International Monetary Fund (IMF) has approved a $5 billion augmentation to its loan program for Egypt. This move comes as part of efforts to boost the country's economy, which has been facing challenges exacerbated by the conflict in Gaza.

30 March 2024 - In opening a hub at JKIA, Skyward Express which has been operating flights from Wilson Airport, the carrier is seeking to further expand operations in Kenya.

30 March 2024 - Watch: 2024 WRC Safari Rally

30 March 2024 - KIEV, March 29 (Xinhua) — Ukraine’s gross domestic product (GDP) expanded 5.3 percent in 2023, the country’s statistical agency said Thursday. Last year, Ukraine’s nominal GDP amounted to 6.537 trillion hryvnias (about 167 billion U.S. dollars), said…

30 March 2024 - NAIROBI, Kenya, Mar 30 – Kenya’s monthly inflation dropped by 0.6 percent to 5.7 percent last month after the prices of some key commodities fell.  This was an improvement from an inflation rate of 6.3 percent in January.  Inflation subsided after 50…

30 March 2024 - Bourse plans to upgrade system in order to widen trade avenues.

30 March 2024 - Tetra Pak East Africa MD Jonathan Kinisu's wife is also a big shot, the CEO of Prudential Life Assurance.

29 March 2024 - Harambee Sacco has launched an aggressive membership share drive to strengthen core capital and increase deposits.

29 March 2024 - EACC survey found the high cost of living is perceived as the biggest challenge facing the economy today. World Happiness Report 2024 edition ranked Kenya at position 114 out of 143.

29 March 2024 - African countries have been predicted to dominate the world’s top 10 highest-growing economies in 2024, according to a report on Recent Economic and Social Developments in Africa by the Economic Commission for Africa (ECA).

29 March 2024 - Kenya’s tourism sector is set to get a huge boost following plans to build 31 new hotels. A new report shows that plans are already underway to establish 31 new hotels in Kenya this year, with a total of 4,268 rooms.

29 March 2024 - Stima Sacco has recorded 21% growth in revenue to Sh8.96 billion for the financial ending December 31, 2023, compared to Sh7.5 billion the previous year.

29 March 2024 - House team grills PS Julius Korir on how the state allowed construction on the land after entrusting it to the contractor instead of the National Lands Commission.

29 March 2024 - The latest data shows that non-performing loans rose by Sh25 billion to Sh556.9 billion last year. This is as businesses and individuals struggle to pay up in a difficult economic environment.

29 March 2024 - NAIROBI, Kenya, Mar 29 – Davis and Shirtliff has urged development partners and governments to escalate investment in water projects in drought-prone regions of Kenya to prevent conflicts and foster peaceful coexistence among communities. The firm…

29 March 2024 - NAIROBI, Kenya, Mar 29 – Multichoice has stressed the need for collaboration between filmmakers and policymakers in the film industry to elevate Kenya’s film industry onto the global stage.  Speaking during the launch of the 13th edition of the…

29 March 2024 - 205 million cubic meters of water is lost annually through unbilled outlets.

29 March 2024 - Calls for suspension of Sasini Kenya Limited and C. Dorman licenses.

29 March 2024 - This is despite a profit drop to Sh765 million from Sh1.4 billion.

29 March 2024 - This burgeoning sector has reflected a growing awareness and appreciation for self-care

29 March 2024 - Food waste is defined as food and the associated inedible parts removed from the human food supply chain. In 2022, the world wasted 1.05 billion tonnes of food. This amounts to one-fifth (19 per cent) of food available to consumers being wasted at the…

29 March 2024 - The six were killed while hawking utensils in Dhobley, Somalia.

29 March 2024 - the sector is the least funded of the economy whose gross loans account for only 3.6 percent of total lending

29 March 2024 - The brand has already established a presence in seven Carrefour outlets

29 March 2024 - Nigeria’s musicians are leveraging digital technologies effectively to achieve global fame. FORBES AFRICA tunes into the latest smash hits showcasing the ascent of the Afrobeats genre. Insufficient internet infrastructure and piracy issues aside,…

29 March 2024 - Other measures include streamlining pre-shipment inspections for imports by KRA

29 March 2024 - NAIROBI, Kenya, Mar 29 – Britam has recorded a 65 percent jump in profit before tax to Sh4. billion for the year ended 2023 from Sh2.92 billion in the same period in the preceding year.   Similarly, its revenue increased to Sh36.4 billion, up from…

29 March 2024 - BEIJING – Chinese tech firm Xiaomi on Thursday night released its first self-developed new energy vehicle model SU7. Three versions of the model — SU7, SU7 Pro and SU7 Max — will enter the market, with the prices ranging from 215,900 yuan ($30,431) to…

29 March 2024 - NAIROBI, Kenya, Mar 29 – Food waste across the globe continues to fuel climate change, nature loss and pollution while hurting the global economy, a report by the United Nations has revealed. The UNEP Food Waste Index Report 2024 which was launched on…

29 March 2024 - In a statement from the United States Department of Defense, the Pentagon noted that it hasn’t decided on whether to leave Niger yet. The statement revealed that the US military has not yet resolved to withdraw their troops from the West African…

29 March 2024 - Judy Wanjiru is a successful taxi driver based in Nairobi. She used to sell new and used cars in Mombasa and also worked as a part-time taxi driver.

29 March 2024 - Two executives from Binance, the world's largest cryptocurrency exchange, have filed a lawsuit against Nigeria's national security adviser's office and the anti-graft agency, over the violation of their fundamental rights and requesting the court to…

29 March 2024 - The Central Bank of Nigeria (CBN) has raised the capital requirements for commercial banks with international licenses to N500 billion, while national banks must now have a minimum capital base of N200 billion.

29 March 2024 - EACC survey found the high cost of living is perceived as the biggest challenge facing the economy today. World Happiness Report 2024 edition ranked Kenya at position 114 out of 143.