01 July 2022
- Notably, NMG will also pay shareholders a final dividend of Sh1.5 per share on issued and paid-up share capital as at 31st December 2021 following the improved performance.
01 July 2022
- NAIROBI, Kenya July 1-Kenya’s trade balance continued to widen in the first quarter of 2022 as the country’s imports continued to overshadow exports. Data from the Kenya National Bureau of Statistics (KNBS) indicates the country’s merchandise trade…
01 July 2022
- Kenyans will now dig deeper into their pockets to buy alcohol, cigarettes, juices and cosmetics starting 1st July 2022 as the government enforces new taxes to fund this financial year’s Sh3.3 trillion budget, further raising the cost of living. The Act…
01 July 2022
- NAIROBI KENYA, July 1 –Agriculture Cabinet Secretary Peter Munya has urged Kenyans to diversify their daily meal menus by eating other types of foods in the wake of soaring prices of maize flour, the main ingredient of ugali, Kenya’s staple food. The…
01 July 2022
- Increases in rotational power cuts in South Africa are seeing a deep economic impact, as the already struggling economy deals with hours without electricity daily. South African businesses are struggling to cope as another wave of power cuts have hit…
01 July 2022
- NAIROBI, Kenya July 1-Caetano Kenya, the official distributor of various automotive brands including Hyundai & Renault, has launched the all-new KIA range in Kenya. The new KIA SUVs – Sonet, Seltos, Sportage and Sorento combine cutting-edge tech…
01 July 2022
- Remember the old days when managing the financial dealings was left to the family's patriarch? Well, those days are gone. Today, more than ever, women contribute financially to building family wealth. As such, they are voicing their opinions and taking…
01 July 2022
- The increased demand that the Kenyan avocado has generated in the global sphere has seen the country take a lead as Africa’s top exporter of the commodity, surpassing South Africa. This comes at a time when the government is eyeing Indian and China…
01 July 2022
- The Teachers Service Commission, TSC, failed to advertise the deployment of practising P1 teachers wishing to be promoted to Junior Secondary school as it has done in the past few recruitments. This is even as TSC is set to recruit 14,000 teachers by…
01 July 2022
- There’s a picture that always shows up on my timeline every once in a while and stirs up some very old emotions. It’s a picture of a guy standing on a grass section next to a parking lot just staring at this silver saloon car (that looks like a Toyota…
01 July 2022
- TOPLINE Stocks fell in volatile trading on Thursday, wrapping up their worst first half of a year since at least 1970 as the S&P 500 remains in bear market territory, with investors continuing to sell off shares amid rising recession fears sparked…
01 July 2022
- Embu, Kenya July 1-Coffee farmers around the country are poised to earn more for their produce following the introduction of new regulations that allow the cutting out of middlemen. Embu Senator Njeru Ndwiga said the new regulations meant farmers could…
01 July 2022
- Although Sub-Saharan Africa is the least performing region in the world as far as car manufacturing is concerned, it still has some good fundamentals/potentials.
01 July 2022
- NAIROBI, Kenya, July 1 -Kenya’s economy continues to recover from the effects of the COVID-19 pandemic after its GDP grew by 6.8 percent in the first three months of 2022 aided mainly by the accommodation and food services sector which grew by 56.2…
01 July 2022
- Mid-year has arrived, and you may be reluctant to look at your financial statement. The chills and worry might be caused by your money failing to meet your initial goals. Many factors, such as overspending, the current economic recession, or personal…
01 July 2022
- By Wayne Godwin NAIROBI Kenya July 1-For decades, tourism has remained a major contributor to the GDP of African economies. In 2019, the industry accounted for about seven percent of Africa’s GDP and contributed $169 billion to its economy—about the…
01 July 2022
- Saving money doesn't sound like a lot of fun at first, especially when you think about everything you would have to deprive yourself of to hit your target. However, turning it into a game, even for a short while, can be a great motivator in the money-…
01 July 2022
- Washington, United States July 1-The World Bank’s board on Thursday approved creation of a fund meant to finance investments in strengthening the fight against pandemics. The fund will support prevention, preparedness and response (PPR), with a focus…
01 July 2022
- According to the latest Kenya National Bureau of Statistics (KNBS) data, the inflation rate for June hit 7.9 percent in the backdrop of increased food prices and high fuel prices. “The rise in inflation was mainly due to increase in the cost of…
01 July 2022
- According to the latest Kenya National Bureau of Statistics (KNBS) data, the inflation rate for June hit 7.9 percent in the backdrop of increased food prices and high fuel prices. “The rise in inflation was mainly due to increase in the cost of…
01 July 2022
- NAIROBI, Kenya, July 1 – Deputy President William Ruto has promised to deliver 100,000 Kilometers of fiber optic highway anchored on the electricity grid to speed growth and enhance digitization across the country. Speaking while launching the Kenya…
01 July 2022
- Tea prices at the Mombasa auction have recorded an increase this week to a high of 262 shillings from 252 shillings recorded in the previous sale. The price increase has been attributed to the return of Russian traders in the market, who have been off…
01 July 2022
- NAIROBI, Kenya July 1-Kenyans will now dig deeper into their pockets to buy alcohol, cigarettes, juices and cosmetics as the new taxes in the Finance Act 2022 kick in starting July 1. The Act, which President Uhuru Kenyatta signed into law last week,…
01 July 2022
- Kenya has always thrived on the wheels of micro, small and medium enterprises (MSMEs). The sector has been and is still crucial in empowering people economically, facilitating financial inclusion, and enhancing daily economic activities in the country…
01 July 2022
- As the election season enters the home straight, political parties have launched their commitments to prospective voters through various manifestos. Regardless of which political philosophy one follows, this year’s major election themes have all taken…
01 July 2022
- France's inflation in June climbed further from the previous month to a record high of 5.8%, from 5.2% in May. The harmonised index is now at 6.5%, compared
01 July 2022
- I recently came across a video on TikTok that garnered thousands of comments. It was a secret recording that was allegedly taken at an unnamed garage in Nairobi. It showed the mechanics stealing a catalytic converter from a car that was presumably left…
01 July 2022
- Safaricom Chief Consumer officer Sylvia Mulinge will be leaving the company to take up a new role of the Chief Executive officer at MTN Uganda on 1st October 2022. Mulinge will replace Wim Vanhelleputte at the firm and assume the role of managing the…
01 July 2022
- The Kenya Women in Insurance Association has been launched, aimed at creating a platform to promote the representation of women in the insurance industry through e*******n, mentorship, and collaboration. Statistics show that the number of women leaders…
01 July 2022
- French-Dutch airline, Air France KLM is repaying the last portion of loans it got from from the Netherlands government and banks to help it survive the
01 July 2022
- Rwanda has landed a deal to establish a pharmaceutical body, funded by the African Development Bank (AfDB), to support the region in the making of vaccines,
01 July 2022
- Colombo, Sri Lanka July 1-Sri Lanka’s inflation hit a ninth consecutive record in June, official data showed Friday, rising to 54.6 percent a day after the IMF asked the bankrupt nation to rein in galloping prices and corruption. It was the first time…
01 July 2022
- The government of Kenya has placed 6th August 2022 as the deadline for importing maize by all those interested, while the recently announced tax waivers are
01 July 2022
- Millers have said plans by Agriculture Cabinet secretary Peter Munya to suspend all levies imposed on imported maize in pursuit of lower cost of the staple
