Business

12 June 2024 - Finland’s transformation from an agriculture-based economy to an innovation powerhouse is an example of resilience.

12 June 2024 - MPs have ordered Kenya Airways to draw up a fresh recovery plan.

12 June 2024 - The government is on the verge of losing Sh3.7 billion as sugarcane farmers refuse to repay loans issued to them.

12 June 2024 - The number of children under five years dying from malaria in Kenya has dropped by about three-fold.

12 June 2024 - Farmers contracted by Brookside Dairy have been paid Sh218 million in the half-year to May.

12 June 2024 - After an unusually long wait, the country has reached a staff level agreement with the IMF, finally unlocking the disbursement of USD 976 million, or roughly Ksh.126.2 billion.

12 June 2024 - Ecobank Fintech Fellows will gain access to opportunities through collaboration with Ecobank and its partners, including multinational product rollout, and service provider partnerships.

12 June 2024 - Globally, cyber incidents, business interruption, natural catastrophes, changes in legislation, and macroeconomic developments are the top five business risks.

12 June 2024 - Mr Ngigi, the chief executive of U & I Microfinance Bank, says MSMEs are more keen on two things: customer service and turnaround time.

12 June 2024 - Farmers contracted by Brookside Dairy have a reason to smile after the processor announced a Sh218 million bonus payout.

12 June 2024 - Private land ownership at the beachfront has been cited as a key challenge facing the growth of hotel businesses in the Coastal region.

12 June 2024 - Before the rapid advances made in digital technology over the last two decades, handling customers was a fairly straightforward process.

12 June 2024 - Kenya and the world is undergoing a tough economic cycle with high interest rates and inflation.

12 June 2024 - "One man, one shilling” budget allocation, which argues that counties should receive national funds in direct proportion to their economic output.

12 June 2024 - Kenyan small and medium enterprises (SMEs) play a crucial role in the development of the economy.

12 June 2024 - Airtel is set to rival players in Kenya’s home internet market that has remained under the tight grip of Safaricom.

11 June 2024 - A cross-section of citizens have voiced their concerns over what they term adverse effects of proposals contained in the Finance Bill 2024 on household budgets.

11 June 2024 - The government is proposing more taxes in the Finance Bill, 2024 even as Kenyans grapple to absorb the shocks that the Finance Act, 2023 dealt them. 

11 June 2024 - The V8 engine's power delivery is enhanced by a supercharger, ensuring consistent performance without lag.

11 June 2024 - In a devastating blow to Malawi, Vice President Saulos Klaus Chilima and nine others have died in a plane crash that occurred on June 10, along with nine other persons on board. The Malawian Defense Force aircraft, enroute from the Malawian city of…

11 June 2024 - A new report by the Global Peace Index for 2024 has revealed that the world is at a crossroads, and without concerted effort, there is a risk of a surge in major conflicts.

11 June 2024 - In Africa, where conventional sectors appear to be reliant on natural resources, startups provide a means of achieving economic diversification. Africa can become less dependent on resource-based economies and build more resilient economic systems by…

11 June 2024 - The V8 engine's power delivery is enhanced by a supercharger, ensuring consistent performance without lag.

11 June 2024 - Kenyans say provisions in the Finance Bill 2024 will retard economic growth, impoverish Kenyans and lead to job losses.

11 June 2024 - LONDON, June 11 (Xinhua) — Prime Minister of the United Kingdom (UK) Rishi Sunak on Tuesday promised to cut taxes and reduce immigration as he launched the Conservative Party’s general election manifesto. “We Conservatives have a plan to give you…

11 June 2024 - This will be through investments of Sh13.9b annually

11 June 2024 - NAIROBI, Kenya, June 11 – The Insurance Regulatory Authority (IRA) has suspended the closure of Directline Assurance Company Limited, a few hours after the closure. IRA CEO Godfrey Kiptum said that the insurer is still operational. “The purported…

11 June 2024 - Malawi's Vice President Saulos Klaus Chilima, the former first lady Shanil Dzimbiri, and eight others who were earlier reported missing have been found dead. Reports reveal that they were killed in a plane crash. The plane took off on Monday and went…

11 June 2024 - 5G network sites to reach 1000 countrywide by the end of 2024.

11 June 2024 - The sacco offers diverse models suitable for all walks of life.

11 June 2024 - Sale of EAPC will see the government get at least Sh17.14billion

11 June 2024 - The two-day event has brought together investors, entrepreneurs, policymakers, and industry leaders

11 June 2024 - Kenyans anticipate a general increase in prices of several food items in June 2024, a new survey by the Central Bank of Kenya (CBK) shows.

11 June 2024 - KQ cargo plane stalled on the JKIA runaway a second wheel was damaged dring landing.

11 June 2024 - Kenya has cut back on its planned borrowing from IMF by 7.2 percent to Sh465.4 billion.

11 June 2024 - If the lenders Board approves a second review, Kenya will gain immediate access to Sh15.5 billion.

11 June 2024 - Rising interest rates reduce the market value of bonds, leading to unrealised losses for banks.

11 June 2024 - The V8 engine's power delivery is enhanced by a supercharger, ensuring consistent performance without lag.

11 June 2024 - Nation Media Group has begun parting ways with an estimated 180 employees in a rationalization process that is being described as shocking.

11 June 2024 - We often wonder what the most significant or transformative invention of our times is? Based on circumstances and identity, everyone would have their own choice of that single change that has impacted them and transformed lives. From the bullock cart…

11 June 2024 - NAIROBI, Kenya, June 11 – The government has reached a staff-level agreement with the International Monetary Fund (IMF), which intends to pave the way for the disbursement of $976 million (Sh126.05 billion). According to the IMF, the agreement will be…

11 June 2024 - JUNE 11 – The unemployment rate has unexpectedly risen to its highest level for two and a half years, official figures show. The rate climbed to 4.4% in the three months to April, the highest since September 2021. Despite the increase, wage growth…

11 June 2024 - Old Mutual Health, the health insurance arm of Old Mutual Group, has revamped its SME Health insurance product, taking into consideration the special needs of small and medium-sized enterprises (SMEs). 

11 June 2024 - Private equity fund Africinvest has completed the purchase of a 10.13 percent stake or 167.53 million shares in listed lender I&M Group.

11 June 2024 - Brookside Dairy has announced a cash reward payout of over Ksh.218 million to dairy farmers.

11 June 2024 - Even though the Roman Catholic Church, through its leader Pope Francis, approved a rule allowing the embrace and blessing of same-sex unions and even permitted gay men and lesbians to be ordained as members of the clergy, one Bishop John Oballa of…

11 June 2024 - CAK says the tech firm has financially hurt Odibets by denying punters access and redirecting them to the sites of rival betting firms.

11 June 2024 - A court has directed an investigator to obtain all documents from a bank that is being investigated over alleged banking fraud.

11 June 2024 - june 11 – With China accused of selling electric cars at artificially low prices, the European Union is widely expected to hit them with tariffs this week. The BYD Seagull is a tiny, cheap, neatly styled electric vehicle (EV). An urban runabout that…

11 June 2024 - Insurance Regulatory Authority(IRA) has termed as null and void communication made by Royal Credit Limited in regards to the operations of Directline Assurance Company.