Business

23 May 2024 - NCBA follows the trend of increased earnings by tier I lenders, including KCB, Equity and Co-op Bank.

23 May 2024 - NAIROBI, Kenya, May 23 – Energy and Petroleum Cabinet Secretary Davis Chirchir and the European Commissioner for Energy Kadri Simson launched the Kenya Green Resilient Electricity System Programme during the International Energy Agency’s (IEA) 9th…

23 May 2024 - NAIROBI, Kenya, May 23 – Huawei Kenya plans to recruit 30 Kenyan university students through job and internship offers under its graduate trainee program. The Huawei Management Trainee Program (HMTP), an annual Huawei global flagship program that…

23 May 2024 - NAIROBI, Kenya, May 23 – Kenya Power is calling for a total ban on copper exports to curb rampant vandalism of power infrastructure. The utility company is also advocating for stringent action against rogue scrap metal traders. Its CEO and MD, Joseph…

23 May 2024 - HANOI, May 23 (Xinhua) — Intra-region travel remains a dominant trend among Vietnamese travelers, with 64.4 percent of Vietnamese tourists opting for nearby destinations within Asia for their next journeys, according to a report of Outbox Company, a…

23 May 2024 - Prior to joining Jubilee, he was the General Manager, Commercial and Operations at ICEA LION Life.

23 May 2024 - Kirui's body was discovered by a rescue team a few metres below the summit point of The Everest.

23 May 2024 - The development phase is quite costly and can take time. Many landowners in Kenya end up holding on to valuable but unutilised land that does not earn them any money in their entire lifetime. With the Vuka Investment Club, for example, you can start…

23 May 2024 - TOKYO, May 23 (Xinhua) — The wingtips of two Japan Airlines (JAL) passenger planes collided at Tokyo’s Haneda Airport on Thursday morning, local media reported. JAL said the incident occurred at around 7:30 a.m. local time. Both aircraft sustained…

23 May 2024 - NAIROBI, Kenya, May 23 – The Retirement Benefits Authority (RBA) has urged corporate trustees to register with the authority as the deadline approaches. Charles Machira, the retirement authority Chief Executive Officer (CEO), said as part of its…

23 May 2024 - By Gituku Kirika NAIROBI, Kenya, May 23 – Digitisation will deliver a big chunk of Kenya’s economic and social gains over the next decade. But, for the transformation to happen more affordably and quickly, we need robust and open digital infrastructure…

23 May 2024 - NAIROBI, Kenya, May 23 – Low-cost carrier Jambojet will launch its first flight connecting Mombasa and Zanzibar on July 1, 2024. The subsidiary of Kenya Airways will operate four non-stop flights per week, with plans to increase the number to six.…

23 May 2024 - NAIROBI, Kenya, May 23 – KPMG is set to hold its 2024 Private Enterprise Africa Venture Summit in June 2024 in Nairobi. The two-day event, which will happened between June 10 and 11, will bring together investors, entrepreneurs, policymakers, and…

23 May 2024 - U.S. President Joe Biden announced plans for an official visit to Africa in February, following the U.S. presidential election, assuming he will defeat Donald Trump.

23 May 2024 - Kenya would be the first Sub-Saharan African country to receive the designation.

23 May 2024 - MAY 23 – The use of artificial intelligence (AI) at easyJet’s new control centre has allowed its operations teams to better manage flights, the airline said. Personnel based at the integrated control centre near Luton Airport, Bedfordshire, have access…

23 May 2024 - NAIROBI, Kenya, May 23 – KCB Group net profit in the three months to March this year expanded by nearly 70 percent to Sh16.5 billion compared to a similar period in 2023, buoyed by improved incomes from regional subsidiaries. Between January and March…

23 May 2024 - Mr Kirui's body was discovered by a rescue team a few metres below the summit point of the mountain.

23 May 2024 - The lender's Q1 results show net profits almost doubled to Sh16.5 billion from Sh9.8 billion in Q1 of 2022.

23 May 2024 - Steps to revitalise Kenya's special economic zones to maximise their potential began mid-last year when the Finance Act 2023 was passed.

23 May 2024 - Kenya had the least number of investment commitments as well as the privately funded projects

23 May 2024 - The journey will cover 55 minutes each way.

23 May 2024 - The famous American movie mogul Tyler Perry has expressed remorse for failing to receive the President of Kenya, William Ruto during his visit to Perry’s studio. On Tuesday the Kenyan President had a tour of the Tyler Perry Studio accompanied by members…

23 May 2024 - France and Germany have toppled China in budgeted loans from rich countries for the new year starting July.

23 May 2024 - Expenditures fly in the face of austerity measures announced by the government.

23 May 2024 - The State House and the President withdrew nearly Sh900 million more than the budget for the nine-month period ended March 2024.

23 May 2024 - Seven out of 10 households in Kenya’s capital Nairobi are low-income earners.

23 May 2024 - Cement clinker imports plummeted by 77.4 percent last year.

23 May 2024 - After retired banker Susan Gichia and her husband bought land in Kiserian, about 25 kilometres from Nairobi, it lay idle for 10 years.

23 May 2024 - Kenya Power lost 365 transformers due to vandalism in 2023.

23 May 2024 - More than one million share accounts that were frozen in 2019 after being dormant have been freed back to the stock market.

23 May 2024 - Wealthy Kenyans, traders, and businesses took a Sh98.9 billion hit as the value of foreign currency deposits plunged.

23 May 2024 - The irrigation department has accumulated Sh18.6 billion pending bills that contractors and lawyers among others are demanding.

23 May 2024 - Last year alone, Kenya exported copper waste and scrap worth Sh6.7 billion.

23 May 2024 - There are very few life situations that Maina Munene can't laugh about.

23 May 2024 - Since early last year, calls for reform of the international financial systems have intensified.

23 May 2024 - If you think you are the smartest person in the room, you better move to another space.

23 May 2024 - In an increasingly interconnected world, global trends wield significant influence over the fortunes of nations.

23 May 2024 - Deputy President Rigathi Gachagua now says that Kenya is committed to the use of renewable energy in line with global efforts to combat climate change.

23 May 2024 - The Kenya Bankers Association (KBA) now says the government could lose up to 10 percent of its tax revenue that comes from the sector, which is an equivalent of 180 billion shillings of its revenue if the Finance Bill 2024 sails through.

23 May 2024 - The Treasury has proposed to allocate Sh5.2 billion to Konza Technopolis for the setup of a data centre and other facilities.

23 May 2024 - Private hospitals have threatened to stop treating police and prison officers under the Medical Administrators Kenya scheme.

23 May 2024 - In the pursuit of its net zero emissions goals, the United States enacted the Inflation Reduction Act (IRA) in August 2022.

23 May 2024 - Cross-border trade has increased globally due to liberalisation.

23 May 2024 - Gambling, which largely revolves around luck, can be addictive.

22 May 2024 - Kenya Power has lost 78 transformers worth Sh78 million in the last five months, translating into huge replacement costs.

22 May 2024 - Economic expansion and social advancement particularly in African countries are predicated on the development of infrastructure. The significance of infrastructure in Africa is paramount, given the region's prominent characteristics of fast population…

22 May 2024 - EACC says the money is suspected to have been corruptly acquired.

22 May 2024 - Initially, the budget for State House for the 2023/2024 financial year was set at Sh6.3 billion. It was later revised to Sh8.5 billion in the first supplementary budget.

22 May 2024 - The circular economy is one of the emerging sectors that a regional business body has detailed the lack of relevant skills which has put the academia on the spot.