Business

26 March 2024 - Reports on Monday indicate that the Nigeria's currency may continue on its positive trend as currency traders were sold US dollars by the country’s central bank at a more favorable rate. The central bank in return requested that the currency traders…

26 March 2024 - The financing will go towards the delivery of part of the 600 buses that the company has so far received reservations for.

26 March 2024 - NAIROBI, Kenya, Mar 26 – Kenya has earned provisional approval for Sh43 billion from the PEPFAR Country Operational Plan (COP) to fund HIV response from October 2024 to September 2025. Kenya received the multibillion-dollar grant support during the…

26 March 2024 - SINGAPORE, March 26 (Xinhua) — Former senior finance official Ravi Menon will serve as Singapore’s first ambassador for climate action and senior adviser for the National Climate Change Secretariat from April 1, according to a statement issued by the…

26 March 2024 - NAIROBI, Kenya, Mar 26 – The proposed merger between Kuramo Africa Opportunity Kenyan Vehicle Ltd (KAOKV) and Trans-Century PLC has been approved by the COMESA Commission. The proposed transaction involves KAOKV increasing its shareholding in the…

26 March 2024 - West Africa’s Burkina Faso and Russia’s state corporation specializing in nuclear energy and high-tech products, Rosatom are about to finalize a nuclear deal. Both sides are now in the process of signing a road map to build a nuclear reactor in the…

26 March 2024 - Africa’s leading electric bus company BasiGo has secured $3 million (Ksh390 million) worth of equity funding from CFAO Group.

26 March 2024 - The East African region is planning to set a common standard on goods across the block to fight counterfeits, to be backed by law.

26 March 2024 - Boeing's board has begun the search for a big-hitter to take the helm of the troubled planemaker following the turbulent tenure of CEO Dave Calhoun, with many industry executives and analysts predicting it will seek an outside remedy.

26 March 2024 - Africa's telecommunications giant, MTN, has struck a share purchase deal with Telecel, an Africa-focused telecommunications service provider, to acquire MTN's equity stakes in MTN Guinea-Bissau and MTN Guinea-Conakry.

26 March 2024 - The initial phase of this ambitious Kenya nuclear power project is estimated to require a substantial investment of at least Ksh11 billion.

26 March 2024 - Lenders are increasing their headcount by thousands, helped by growth and expansion.

26 March 2024 - NAIROBI, Kenya, Mar 26 – Kenyan financial technology (fintech) companies will be heading to Accra, Ghana, to pitch investment ideas. The 3i Africa Summit, which will be happening between May 13 and 15, 2024, is a global summit that seeks to transform…

26 March 2024 -  The energy plans map out their sources and utilisation, and will also form a solid basis for investment and intervention.

26 March 2024 - WASHINGTON, March 25 (Xinhua) — Florida Governor Ron DeSantis on Monday signed into law a bill that prohibits children under the age of 14 from possessing their own social media accounts, according to a statement from the U.S. state governor’s office…

26 March 2024 - NAIROBI, Kenya, Mar 26 – Uganda-based milk processor Lato has acquired Kenyan dairy firm Highland Creamers. The deal was approved by the COMESA Competition Commission after it applied to acquire a 100 percent stake in the Nyamira-based milk processor…

26 March 2024 - Africa's need for a strong military structure cannot be stressed enough. Given the ongoing hostilities in many regions, it is paramount that African countries buff up their military might, particularly in the amount of recruits. The courageous men and…

26 March 2024 - One of the world’s largest asset management firms BlackRock has made an investment on NSE.

26 March 2024 - KRA is likely to miss the tax collections target for this financial year by Sh330 billion.

26 March 2024 - Container traffic through Kenya's main port serving several countries in the region grew by 11.9 percent in 2023.

26 March 2024 - At least 40 percent of Kenyans working in the gig economy as freelancers hold a degree in STEM.

26 March 2024 - Bond turnover at NSE could cross the Sh1 trillion mark for the first time.

26 March 2024 - Kenya’s happiness levels have dropped for the first time in five years.

26 March 2024 - Kenya’s coffee harvested from deforested land will not be sold in the European Union.

26 March 2024 - At least 40 percent of Kenyans working in the gig economy as freelancers hold a degree in STEM.

26 March 2024 - Some farmers have not been paid for cherries sold on the NCE as far back as December 2023.

26 March 2024 - Safaricom and other parties aim to explore solutions that will provide a remittance corridor between East and West Africa, connecting some of the continent’s largest economies, through M-Pesa

26 March 2024 - Wasreb says most county governments are reportedly abusing the initiative, making delayed payments which constrains WSPs operations

26 March 2024 - Product loss occurs at various stages of handling such as storage, transportation, and loading into pipelines or trucks.

26 March 2024 - Significant progress in the pension sector has been made in the past two decades and we continue to see growth every year.

26 March 2024 - Growing up in Nairobi, Kyle Ray was excited when his parents brought home a python as a pet.

26 March 2024 - Mrs Roy recalls what her plant paradise looked like when she lived in Arusha, Tanzania four years ago.

26 March 2024 - The essence of movies lies in storytelling, primarily because people crave entertainment and the chance to immerse themselves in different worlds and experiences.

26 March 2024 - This will allow police to conclude probe into death of DCI officer.

26 March 2024 - High Court judge says life imprisonment violates the right to human dignity.

26 March 2024 - Uganda’s milk processing firm behind the Lato brand has received approval to acquire a Kenyan milk company.

26 March 2024 - Cross-listed Ugandan electricity distributor Umeme has raised its dividend by 22.4 percent.

26 March 2024 - Many developed countries are using AI algorithms to analyse road infrastructure data to identify potential hazards.

26 March 2024 - Medicine and dentistry are challenging.

26 March 2024 - Imagine holding what you believe to be a title deed, only to be confronted with uncertainty as to its validity

26 March 2024 - Cities are increasingly attracting new developments yearly.

26 March 2024 - With the government planning to reduce its borrowing as part of its fiscal consolidation plans, there are fears that bond trading might take a hit.

25 March 2024 - I&M joins a host of tier-one peers who have raised dividend distributions to shareholders on the back of increased profit last year.

25 March 2024 - The East African Breweries Limited (EABL) has distanced itself from claims of playing dirty business tricks against African Originals.

25 March 2024 - CS Murkomen says the Kenya Airways' route expansion will open up Kenya and allow trade and business to bloom.

25 March 2024 - From his experience working in the internet service market, Adunga says that by understanding customer needs and delivering a satisfactory and distinctive experience, companies can achieve a competitive advantage and increase the percentage of repeat…

25 March 2024 - In this present day and age, literacy stands as a fundamental pillar for individual empowerment, societal progress, and economic development. Literacy has been high on the development agenda of government institutions over the past decades; however,…

25 March 2024 - Okay, these days, people love easy money. I am not sure. Maybe they want easy money, and maybe they don’t, but the economy is hard, or are they too lazy? What I know is looking for this easy cash is harder and cannot be fit for these types of people…

25 March 2024 - Binance, the global cryptocurrency exchange platform, stated that it is aware that Nadeem Anjarwalla, one of the two Binance executives detained in Nigeria following an ongoing probe of the crypto platform, is no longer in Nigerian custody.

25 March 2024 - Despite confronting severe difficulties, certain African countries have achieved great gains in increasing their GDP per capita. The World Bank notes that “GDP per capita is the sum of gross value added by all resident producers in the economy plus…