24 May 2024
- Landmark Beach Resort has disclosed plans to explore beachfront tourism opportunities in other West African countries following the devastating demolition by the Federal Government, which affected several properties, including the resort.
24 May 2024
- Amidst the current climate in the world, Tanzania stands as a haven of peace and one that consistently upholds national unity and social cohesion. “We are hopeful that with such unity, we will move to the even higher levels. Let us continue to work hard…
24 May 2024
- TOKYO, May 24 (Xinhua) — Japan’s transport ministry carried out an inspection at a Japan Airlines (JAL) office at Haneda airport in Tokyo on Friday following a recent string of incidents involving the company’s aircraft while taxiing, local media…
24 May 2024
- NAIROBI, Kenya, May 24 – Carrefour’s parent company, Majid Al Futtaim, has agreed to uphold supplier agreements to adhere to a court decision that upheld the Competition Authority of Kenya’s (CAK’s) abuse of buyer power accusation against suppliers.…
24 May 2024
- By Okoth Agonda MAY 24 – As Kenya’s fiscal year draws to a close, the Kenya Revenue Authority (KRA) faces scrutiny, having being projected to miss an ambitious revenue target. Initially set at a 29% increase from last financial year’s collection, the…
24 May 2024
- The financing will see development of 35 new affordable student housing units in Kenya which will offer a package of key essential services and amenities at an affordable monthly rate to students.
24 May 2024
- NAIROBI, Kenya, May 24 – The Competition Authority of Kenya (CAK) has welcomed the High Court’s ruling in a case against Majid Al Futtaim hypermarkets operating under the brand name Carrefour, where the supermarket chain was found guilty of abusing its…
24 May 2024
- LUSAKA, May 24 (Xinhua) — Zambia has extended its planned blackout hours to better balance power supply and demand, a government official said on Friday. Minister of Energy Peter Kapala said that the national utility, Zesco, has increased the hours of “…
24 May 2024
- NAIROBI, Kenya, May 24 – The State Department of Irrigation has appealed to Parliament for urgent budgetary support, highlighting severe constraints that have stalled the completion of several critical dam projects across the country. The agency, in a…
24 May 2024
- NAIROBI, Kenya, May 24 – 22 Kenyans have won Sh980 million ($7.5 million) in scholarships this year to attend prestigious universities in the USA. Under the Kenya Scholar Access Program (KenSAP), the students have been admitted to universities such as…
24 May 2024
- NAIROBI, Kenya, May 24 – Jubilee Life Insurance has appointed Asman Mugambi Ibrahim as its new CEO. Its Board of Directors Chairman, Nizar Juma, exuded confidence in Mugambi’s leadership prowess and his ability to steer the insurer’s growth. “Asman is…
24 May 2024
- NAIROBI, Kenya, May 24 – Eastern Produce Kenya (EPK) plans to spend Sh260 million to sustain quality tea production as well as work on projects that protect the environment. The Nandi-based firm announced that the three-year initiative will focus on…
24 May 2024
- The success of these airports is not solely due to state-of-the-art facilities and modern technology. The human element—airport staff—plays an important role in creating a welcoming and efficient environment for travellers.
24 May 2024
- MAY 24 – A firm backed by David Beckham that converts classic cars to run on electricity has started operating again. Lunaz, based at Silverstone Park in Northamptonshire, stopped production in March. It blamed the stoppage on delays in banning the sale…
24 May 2024
- MAY 24 – Tesla boss Elon Musk says he opposes US tariffs on Chinese electric vehicles (EVs), just days after President Joe Biden quadrupled levies on EVs imported from China. “Neither Tesla nor I asked for these tariffs”, the multi-billionaire told a…
24 May 2024
- WASHINGTON D.C., USA, May 24 – Student hostel developer Acorn Holdings has secured Sh23.6 billion from the U.S. Development Finance Corporation for affordable student housing. The fund will be used to develop 35 less costly student housing units in the…
24 May 2024
- MAY 24 – The increased use of nuclear science and technology around the world means nations must improve their nuclear security to safeguard radioactive material against theft and sabotage, the co-presidents of the planet’s largest nuclear security…
24 May 2024
- Family Bank Board of Directors has appointed Architect Francis Gitau Mungai as the new Chairman of the Board of Directors, subject to regulatory approvals, taking over from long-serving Chairman Dr Wilfred Kiboro.
24 May 2024
- Africa is becoming increasingly important in influencing global issues. This was the point emphasized by Russian President Vladimir Putin on Thursday. There are also plans by the Kremlin to increase its influence on the continent via the establishment…
24 May 2024
- NAIROBI, Kenya, May 24 – Traders of musical instruments have signed a Memorandum of Understanding (MoU) with the Anti-Counterfeit Authority (ACA) to curb the sale of counterfeit goods and the unethical professional conduct facing the industry. In their…
24 May 2024
- MOSCOW, May 23 (Xinhua) — Russian President Vladimir Putin signed a decree Thursday on the seizure of U.S. properties in response to the potential confiscation of Russian assets by the United States. According to the decree, the Russian Central Bank and…
24 May 2024
- NAIROBI, Kenya, May 24 – Wilfred Kiboro, who has been Chairman of the Family Bank for the last 12 years, is set to leave the bank. Kiboro joined the lender in 2012 and has been serving in the position since then. The current chair is credited with…
24 May 2024
- Wealthy African athletes are more than just sports stars; they are catalysts for change and development. Their success stories, investments, and philanthropic endeavors substantially contribute to the continent's socioeconomic development. As they…
24 May 2024
- NAIROBI, Kenya May 23 – President William Ruto has secured $3.6 billion (Sh 477 billion) in funding from the United States to construct the 440-kilometer Nairobi-Mombasa Expressway, marking a major milestone for Kenya. This significant infrastructure…
24 May 2024
- Kenya's highways authority and U.S. infrastructure investment firm Everstrong Capital have inked a $3.6 billion deal to construct a 440 km (273 miles) highway connecting the capital city Nairobi to the port city of Mombasa.
24 May 2024
- The average team is now worth $2.3 billion, a 5.1% increase from a year ago—despite headwinds in TV rights across Europe. When Sir Jim Ratcliffe, the billionaire founder and CEO of the Ineos chemical group, bought 27.7% of Manchester United in February…
24 May 2024
- NAIROBI, Kenya, May 24 – The Kenya Revenue Authority (KRA) is now pushing for its budget allocations to be capped at a minimum of 2 percent of total targeted revenue collection in every financial year. KRA Commissioner General Humphrey Wattanga told the…
24 May 2024
- DAR ES SALAAM, May 23 (Xinhua) — Three foreigners from Brazil, Kenya and India and eight Tanzanian technicians were killed, and two others were seriously injured early Thursday in an explosion at a sugar factory in Morogoro Region of eastern Tanzania, a…
24 May 2024
- NAIROBI, Kenya, May 24 – The Energy and Petroleum Regulatory Authority (EPRA) has announced plans to tighten regulations on the opening of new LPG brands to enhance consumer safety. EPRA’s Petroleum and Gas Director, Edward Kinyua, emphasized that…
24 May 2024
- Kenya will have its first nuclear power plant up and running by 2035. A site for construction has been identified along the coastal belt, with feasibility studies ongoing.
24 May 2024
- Local private investors will be given a chance to participate in the financing of the Sh472.9 billion expressway from Mombasa to Nairobi.
