Business

19 March 2024 - Sixty per cent of Kenya's youth population is employed, with 11.63 million young Kenyans working. Another 89 per cent, or 10.37 million, work in the informal sector.

19 March 2024 - Transformational influence stands as the ultimate goal of effective communication within the development sphere.

19 March 2024 - One crucial challenge is the need to accommodate graduate engineers, who currently do not have voting rights, within IEK.

19 March 2024 - TOPLINE Bitcoin slumped to its lowest price in weeks Tuesday, as the world’s largest cryptocurrency’s all-time high achieved last week looks to be fleeting. KEY FACTS Bitcoin fell 7% to below $63,000 by 2 p.m. Greenwich Mean Time (10 a.m. EDT), the…

19 March 2024 - Close to one million young people graduate from institutions of higher learning and enter the labor market annually, a figure that surpasses the available work opportunities.

19 March 2024 - The Kenya Accreditation Services (Kenas) chief executive officer Martin Chesire has left the standards body.

19 March 2024 - Military aircraft have been a fundamental part of military power since the mid-20th century. In Africa, these aircraft have become indispensable assets for the continent's security architecture, providing essential capabilities for defence,…

19 March 2024 - Last week, American officials visited Niger to address concerns about the nation's possible alignment with Russia and Iran. This visit preceded the junta's decision on Saturday to cancel an agreement involving about 1,000 U.S. military personnel…

19 March 2024 - WhatsApp and Facebook have emerged as the top two most used social media applications in Kenya, according to a new report. The Audience Measurement and Industry Trends Report by the Communications Authority of Kenya (CAK) revealed that the two…

19 March 2024 - NCBA Group Managing Director John Gachora said the funding will boost the bank's "Change The Story" sustainability agenda.

19 March 2024 - The strengthening of Kenya's innovation and entrepreneurship ecosystem (SKIES) has commenced with eight universities selected to train rapid tech skills youth and students.

19 March 2024 - The ranking is attributed to Kenya's widespread use of the mobile money system, government investments in infrastructure, and initiatives focused on digital literacy.

19 March 2024 - The number of Kenyans seeking loans from the fintech credit provider Tala to pay school fees has seen a year-on-year increase since 2022, a new report released Tuesday shows.

19 March 2024 - The Tanzanian High Commission in the United Kingdom has decided to leverage the London Stock Exchange to strengthen investment options for Tanzanian companies.

19 March 2024 - NAIROBI, Kenya, Mar 19 – The Central Bank of Kenya’s (CBK’s) DhowCSD, a mobile bond trading platform, has been selected as the recipient of the Central Banking’s (CB’s) Payments and Market Infrastructure Initiative Award. CB is a london-based…

19 March 2024 - Kenya's key development challenges still include poverty, inequality, youth unemployment, climate change, continued weak private sector investment and the vulnerability of the economy to internal and external shocks. 

19 March 2024 - NAIROBI, Kenya, Mar 19 – Think-tank European House-Ambrosetti has revealed that the African continent faces a funding shortfall to address climate change despite being the least carbon emitter globally, urging increased financing for the global south…

19 March 2024 - NAIROBI, Kenya, Mar 19 – The government targets to link 8.4 million homes to internet access by pushing fibre optic cables through Kenya power lines by 2027. Speaking during the Annual National Public Key Infrastructure (NPKI) Forum 2024 held in…

19 March 2024 - LONDON, United Kingdom, Mar 19 – Protesters have launched a coordinated, Europe-wide wave of blockades and demonstrations aimed at highlighting the continued exploitation of North Sea oil and gas, and its harm to the environment. Fossil fuel…

19 March 2024 - NAIROBI, Kenya, Mar 19 – Esther Ngari, the Managing Director of the Kenya Bureau of Standards (Kebs), has emphasized quality excellence as a critical driver for sustainable business growth and a competitive edge for African enterprises. Themed ‘…

19 March 2024 - NAIROBI, Kenya, Mar 19 – DP World, a major Dubai-based port operator, said on Tuesday it would continue its legal fight over the Doraleh Container Terminal (DCT) in Djibouti, calling the government’s recent actions a “blatant disregard for the rule of…

19 March 2024 - Africa's marketplaces are not just a hub for commerce, but also a perfect place for human interactions. Africans typically congregate at marketplaces to discuss ideas and challenges, outside of purchasing their essentials. Furthermore, roaming…

19 March 2024 - Nairobi, Kenya, Mar 19 – Health Cabinet Secretary Susan Nakhumicha now says Treasury will release Sh1 billion to the National Hospital Insurance Fund (NHIF) this week for outstanding payments after hospitals opted for cash settlements. Speaking during…

19 March 2024 - The venture is part of the multinational company's localisation strategy.

19 March 2024 - Kenya has a deficit of 200,000 housing units annually, which the government notes has led to high cost for poor quality housing, including slums.

19 March 2024 - Kenya is yet to export its first barrel of commercially produced oil and the events of the recent weeks do not inspire confidence that this will happen any time soon. 

19 March 2024 - Islam claims that DTB is holding onto crucial documents that would affirm her story that Bayusuf does not owe DTB a coin.

19 March 2024 - A court case this year made the statistics more visible. Will the recruitment in the Kenya Revenue Authority (KRA) be reversed?

19 March 2024 - By Okoth Agonda NAIROBI, Kenya, Mar 19 – The recent news of Kenya Revenue Authority (KRA) dropping 133 recruits due to their health conditions has ignited a wave of criticism and accusations. It’s undeniable that discrimination based on health…

19 March 2024 - WELLINGTON, March 19 (Xinhua) — Scientists have successfully monitored New Zealanders’ alcohol consumption via wastewater in the country’s first large-scale trial. The technique of testing wastewater, already used for monitoring COVID-19 and illicit…

19 March 2024 - Kenya Bureau of Standards (KEBS) Managing Director Esther Ngari has emphasized quality excellence as a critical driver for sustainable business growth and a competitive edge for African enterprises.

19 March 2024 - NAIROBI, Kenya, Mar 19 – Nearly seven in 10 working Kenyans are engaged in additional revenue generating activities, a new report shows, amid high inflation that has made the cost of goods and services beyond their reach. The latest Tala MoneyMarch…

19 March 2024 - Nigerian media mogul Mo Abudu is collaborating with pan-African financial institution African Export-Import Bank (Afreximbank) through its Creative Africa Nexus to produce a short film directed by Hollywood actor Idris Elba and starring music icon…

19 March 2024 - WASHINGTON — SpaceX is building a network of hundreds of spy satellites under a classified contract with a US intelligence agency, five sources familiar with the program said, demonstrating deepening ties between billionaire entrepreneur Elon Musk’s…

19 March 2024 - NAIROBI, Kenya, Mar 19 – World Data Lab (WDL), in partnership with the Mastercard Foundation, has today launched the Africa Youth Employment Clock. It is a groundbreaking initiative designed to enhance understanding and promote inclusivity within…

19 March 2024 - Thanks to an agreement reached by the Kenyan President, William Ruto and the social media giants Meta, Kenyans have now been put in the perfect position to profit from Meta. The deal ensures that Kenyan content creators are now allowed to make money…

19 March 2024 - Over the past five years, prices of varied items have shot up.

19 March 2024 - Nigeria has been ranked among the top 15 nations in the world leading the artificial intelligence (AI) & Crypto Narrative in 2024, according to findings from a study.

19 March 2024 - During his five-day visit to South Africa, US Deputy Treasury Secretary Wally Adeyemo expressed his country's interest in securing metals crucial for the global energy transition, many of which are abundant in Africa.

19 March 2024 - According to the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Major Energy Marketers Association of Nigeria (MEMAN), fuel costs in Nigeria will drop once the Port Harcourt Refinery commences operations. The national petroleum…

19 March 2024 - NAIROBI, Kenya, Mar 19 – Toshiba has signed a deal to supply equipments for the rehabilitation of the Olkaria Geothermal Power Plant in Naivasha. This is part of the Kenya Electricity Generating Company’s (KenGen’s) target of growing output from 45…

19 March 2024 - President William Ruto has signed into law the Affordable Housing Bill, 2023.

19 March 2024 - HARARE, March 19 (Xinhua) — Zimbabwe’s endeavor to leverage gastronomy tourism and diversify its tourism product base has garnered global attention and earned the country an opportunity to host the first-ever UN Tourism Africa Gastronomy Conference…

19 March 2024 - NAIROBI, Kenya, Mar 19 – The Energy and Petroleum Regulatory Authority (EPRA) has unveiled a new Energy (Electricity Incident and Accident Reporting) Regulations, 2024, that aim to reinforce safety and ease incident reporting in the electricity…

19 March 2024 - By Phyllis Migwi NAIROBI, Kenya, Mar 19 – Over the past few years, AI has completely changed the battleground for both cybercriminals and defenders. While nefarious actors have found increasingly inventive ways to put AI to use, new research shows…

19 March 2024 - Many banks in the country are splurging billions of shillings on opening up new branches.

19 March 2024 - NAIROBI, Kenya, Mar 19 – President William Ruto has assented to the Affordable Housing law paving the way for the reinstatement of housing levy deductions. This means the 1.5 per cent tax from both the employer and the employee will take effect at the…

19 March 2024 - Can judges review rulings and judgments if it emerges that they were misled into reaching particular conclusions?

19 March 2024 - The courts had declared the deductions illegal.

19 March 2024 - The incoming IEK leadership faces multifaceted challenges, including increasing corporate membership, accommodating graduate engineers without voting rights.