Business

13 May 2025 - Saccos began disbursing more loans early in 2024, driven by rising credit demand as bank interest rates became untenable.

13 May 2025 - A number of African nations have been identified as having the highest risk for business-related bribery, according to the latest TRACE Bribery Risk Matrix.

13 May 2025 - The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to resume crude oil drilling in northern Nigeria.

13 May 2025 - The item I most often have to intervene on, right from the start, is one of the most universal tasks: Draining the old oil.

13 May 2025 - MEXICO CITY, May 13 (Xinhua) — Mexican President Claudia Sheinbaum on Monday criticized the U.S. decision to suspend the import of live Mexican cattle for 15 days, calling the measure unjustified and demanding mutual respect in bilateral relations. “We…

13 May 2025 - NAIROBI, Kenya, May 13 – A new report by Aceli Africa and Dalberg has spotlighted Kenya as a frontrunner in unlocking credit access for smallholder farmers, following the success of a blended finance model piloted by agri-tech firm Hello Tractor and…

13 May 2025 - Lesego Chombo, Miss Botswana 2022 and the current Miss World Africa 2024 has become the youngest cabinet minister in Botswana’s history at the age of 27 after she was recently appointed Minister of Youth and Gender by President Duma Boko.

13 May 2025 - Ghanaian oncology nurse and educator, Naomi Oyoe Ohene Oti, has been named one of ten finalists for the prestigious Aster Guardians Global Nursing Award 2025.

13 May 2025 - The company also plans to pilot a USDT top-up card in Kenya.

13 May 2025 - Solutech SAT is a comprehensive Salesforce Automation platform supporting over 100 enterprise clients.

13 May 2025 - French ex-soldiers may be returning to Africa as part of a private security team put together by US billionaire, Eric Prince to protect mining operations in the Democratic Republic of Congo (DRC).

13 May 2025 - MAY 13 – President Donald Trump has slashed the tariff on small parcels sent from mainland China and Hong Kong to the US, just hours after the world’s two biggest economies said they would cut levies on each other’s goods for 90 days. The new tariffs on…

13 May 2025 - NAIROBI, Kenya, May 13 – The government has rolled out a new industrial mapping exercise in Nairobi to modernize the country’s industrial landscape and support targeted policymaking. The 15-day mapping and geolocation initiative is being done by the…

13 May 2025 - South Africa is set to appoint a new ambassador to the US following the expulsion of former envoy Ebrahim Rasool in March 2025. International Relations Minister Ronald Lamola has confirmed that President Cyril Ramaphosa will name a successor once…

13 May 2025 - Mozambique in recent years has been making large investments in its oil sector, with the goal of transforming its energy environment and boosting economic growth.

13 May 2025 - Africa’s corporate landscape remains highly uneven, with billion-dollar companies—often referred to as “unicorns” in the tech world—found in only three countries across the continent. The limitation of this spread reveals an unlikely business…

13 May 2025 - NAIROBI, May 12 (Xinhua) — Kenya targets to grow its tea exports to China by more than fourfold in the next six years, a government official said on Monday. Mutahi Kagwe, cabinet secretary for agriculture and livestock development, said the goal is to…

13 May 2025 - MAY 12 – Share markets jumped on Monday after President Trump said weekend talks had resulted in a “total reset” in trade terms between the US and China, a move which goes some way to defuse the high stakes stand-off between the two countries. The talks…

13 May 2025 - NAIROBI, Kenya, May 12 – The Finance Bill 2025, which seeks to introduce amendments to tax and duty laws, has been formally referred to the Departmental Committee on Finance and National Planning during the National Assembly’s long recess. Speaker Moses…

13 May 2025 - In African countries, where economies are frequently susceptible to both internal inefficiencies and external shocks, preserving a healthy general government balance may support long-term development objectives and unlock a multitude of economic…

13 May 2025 - CAMBRIDGE, MA – May 4, 2025 – Kenya took center stage at the US-Africa Connect Conference held at the Massachusetts Institute of Technology (MIT), spotlighting its unique blend of tourism innovation, athletic excellence, and agribusiness potential. The…

13 May 2025 - The new law taking effect from May 21 sets a rate not more than four percent.

13 May 2025 - Egypt's Suez Canal Authority is considering transit fee discounts of 12% to 15% to revive traffic through the key waterway, which has been severely affected by ongoing regional attacks.

13 May 2025 - Guinea’s Prime Minister has announced December 2025 as the new date for national elections, aiming to reassure investors during a speech on Monday at the Africa CEO Forum in Abidjan, Côte d'Ivoire.

12 May 2025 - The passion for rugby is alive and well, from Cape Town to Cairo. The game is being developed too in countries such as Uganda, the Ivory Coast, Ghana and Madagascar. But what else needs to be done? Rugby Africa president Herbert Mensah is leading what…

12 May 2025 - Kenya last privatised a State-owned company in 2008 with an initial public offering of a 25 percent stake in telecommunications firm Safaricom.

12 May 2025 - The order issued by Justice John Chigiti is directed to telecommunication firms Safaricom (owner of Skiza tune) and Airtel (owner of Hello tune).

12 May 2025 - By Kelvin Kipng’etich MAY 12 – In the shadow of Kenya’s rapid urbanization lies a persistent challenge: nearly 30% of our population still lacks reliable access to electricity. While national grid expansion continues, the geography and economics of…

12 May 2025 - Under the programme, taxpayers who did not have principal arrears at the end of December 2023 automatically saw their accumulated interest and fines waived.

12 May 2025 - The United States Embassy in Ghana has disclosed that it approved 25,000 visa applications out of a total 61,000 received from Ghanaians seeking to travel for employment, education, or tourism in 2024.

12 May 2025 - The full implementation of the system will compel State ministries, departments, and agencies to initiate, evaluate and award tenders online.

12 May 2025 - KNCCI says speeding up settlement of the bills is key to averting further business closures besides helping to jumpstart the private sector and enable it to resume hirings.

12 May 2025 - The reduction in the allocation negates the spirit of President Ruto-led Kenya Kwanza regime’s election manifesto, which had promised to double the budget to raise the number of beneficiaries.

12 May 2025 - Daniel is part of a global movement revolutionising food systems through urban farming.

12 May 2025 - Koidu Limited, the largest diamond mining company in Sierra Leone, has suspended operations and dismissed nearly all of its over 1,000 local workers amid an ongoing dispute over wages and working conditions.

12 May 2025 - The transition has faced backlash for what critics say is a lack of stakeholder engagement.

12 May 2025 - Companies and their directors are legally accountable to shareholders – and that means factoring in not only the financial but also strategic risks in decision making.

12 May 2025 - Excise duty was first introduced in October 2018 through the Finance Act, 2018, which amended the Excise Duty Act, 2015.

12 May 2025 - Please reflect on you and your health. Appreciate it while it’s in good shape, and if it is not apply a healthy mindset to its hopeful restoration.

12 May 2025 - These men are changing the way people think about male living habits.

12 May 2025 - In the 2024–2025 financial year, Kenya's total national government spending was projected to increase by 12% to KSh 3,605.20 billion. In light of this Kenyan export soared to KSh1,112.3 billion.

12 May 2025 - S&P Global Ratings has upgraded Ghana’s credit rating to CCC+, up from its previous classification of Selective Default (SD).

12 May 2025 - Multiple studies have shown that companies with diverse workforces are more likely to outperform less diverse peers financially.

12 May 2025 - Ghana is seeing a significant improvement in its debt position, thanks to economic expansion and tighter control of public expenditure following a recent debt crisis, according to Barclays Plc.

12 May 2025 - Enos Olik, June Ndinya, Mkaiwawi Mwakaba, and Likarion Wainaina have created a visually stunning, well-paced, and deeply engaging show.

12 May 2025 - Kenya's youth account for 75 percent of the population. In the last general election, our voting bloc was the largest, and yet, youth turnout was the lowest.

12 May 2025 - In 1930, British economist John Maynard Keynes predicted that by 2030, technological advancements would reduce the average workweek to just 15 hours. His logic seemed solid. Between 1900 and 1930, United States’ GDP quadrupled, while the average…

12 May 2025 - NAIROBI, Kenya, May 12 — Subaru Kenya and Strathmore University have entered into a partnership aimed at boosting electric vehicle (EV) innovation and strengthening STEM education in the country. The collaboration, launched on May 9 at Strathmore’s…

12 May 2025 - Nigeria's economy posted its strongest growth in nearly a decade in 2024, fueled by a robust fourth quarter and a healthier fiscal outlook, according to the World Bank.

12 May 2025 - The local unit has been more volatile against other global currencies, including the euro and the British pound.