18 May 2024
- African cities are experiencing extraordinary population expansion, driven by rural-urban migration, natural population growth, and economic dynamism. However, the fast migration of people into cities has outpaced the development of suitable housing…
18 May 2024
- The Kenya Bankers Association is calling on the Government and the National Assembly to reconsider the proposed 16% Value Added Tax on financial transactions in the Finance Bill 2024.
18 May 2024
- Russia continues to deepen its ties in Africa as it finds another African country to partner with on an important issue. This time the volcanic archipelago, of Comoros, has disclosed its shared interest with the Kremlin. This was made known on May 16 in…
18 May 2024
- ROME, May 17 (Xinhua) — Prices in Italy rose last month less than any of the European Union’s (EU) large economies, data released Friday by Eurostat showed. Eurostat, the EU’s statistics agency, said prices rose in Italy by just 0.9 percent in April…
18 May 2024
- NAIROBI, Kenya, May 18 – M-KOPA has been named Africa’s fastest growing company in 2024 for the third time in a row in the Financial Times (FT). The company appeared on the FT list for providing affordable financing for smartphones, electric…
18 May 2024
- Aliko Dangote, Africa’s richest man and Chairman of the Dangote Group, has assured that with the implementation of the Dangote Refinery's plans, Nigeria will no longer need to import gasoline starting next month.
18 May 2024
- Devki Group took over the Ngaaie piece of land that was initially owned by Athi River Mining Company (ARM) which it acquired in 2020 at Sh5 billion in 2020.
18 May 2024
- The Authority said that local internet traffic was using the East Africa Marine System cable that was not affected, but low speeds would continue.
18 May 2024
- Proposals in the Finance Bill will negatively impact eMobility adoption and call into question the govt's commitment to environmental protection.
18 May 2024
- Caren Atieno explained that she was among traders not conversant with the Finance Bill 2024 and called on stakeholders to hold sensitisation meetings.
17 May 2024
- The Court of Appeal has thrown out a Sh4 billion landmark case pitting mobile service provider Airtel against a distributor, Nyutu Agrovet.
17 May 2024
- A buyer of an affordable housing unit who intends to sell it to any other person shall seek consent of the Board in a move to deter individuals from using proxies to buy several units.
17 May 2024
- Exchange-traded funds offer a budget-friendly option to access a diverse range of securities. Investors have the flexibility to construct a portfolio that includes a variety of ETFs or focuses solely on them.
17 May 2024
- It has invested about Sh262 million that has helped nearly double the amount of plastic collected and recycled in Kenya over the past ten years
17 May 2024
- Khalif Kairo, a fast-rising Kenyan businessman still in the trenches of fame, has advised all men in relationships after his rumoured breakup with his now ex-girlfriend, Cera Imani. It is reported that the prominent car seller saw dust recently this…
17 May 2024
- Nigeria has refuted reports of human rights violations committed by its armed personnel. This denial is due to the United States' unwillingness to sell arms to the country. Subsequently, Nigeria's Minister of Foreign Affairs emphasized that the US needs…
17 May 2024
- The major challenges bogging down this critical sector include expensive electricity, unfriendly policies and lack of targeted incentives.
17 May 2024
- NAIROBI, Kenya, May 17 – Experts have said that technology and technical skills are vital in combating the pressing issue of climate change by mitigating greenhouse gas emissions and building a more sustainable future. Head of UNESCO-UNEVOC’s…
17 May 2024
- MAY 17 – Chinese authorities have unveiled their most significant steps yet to address the crisis that has been dragging on the country’s property sector in recent years. The new measures include cutting the amount home buyers need for a deposit and…
17 May 2024
- NAIROBI, Kenya, May 17 – Tax advisory firm Ernst & Young (EY) has raised concerns about the potential negative impacts of the proposed amendments to the VAT Act, 2013, particularly regarding the insurance sector. The proposal aims to limit VAT…
17 May 2024
- Climate change presents significant difficulties in Africa, jeopardizing livelihoods, ecosystems, and development achievements. However, it also provides a chance for radical change by stimulating new solutions, resilient routes, and sustainable…
17 May 2024
- Paul Siguqa has had an unlikely journey in the wine business in South Africa. His mother worked in the vineyards as a laborer during the apartheid era and now, his fully black-owned wine farm sells premium products. Paul Siguqa, owner of the Klein…
17 May 2024
- One of the primary reasons why global travel is essential is the exposure it provides to diverse cultures. The continent of Africa is particularly distinct and has several countries that you should visit in your lifetime.
17 May 2024
- NAIROBI, Kenya, May 17 – Investment, Trade, and Industrialization Cabinet Secretary Rebecca Miano has termed the De-Risking, Inclusion, and Value Enhancement of Pastoral Economies (DRIVE) initiative by the Kenya Development Corporation (KDC) a boost to…
17 May 2024
- Private infrastructure investment continues to be a cornerstone of global development initiatives, boosting economic growth, strengthening connectivity, and raising living standards. As countries face the difficult job of achieving their infrastructure…
17 May 2024
- Tech industry leaders and CEOs from top Kenyan companies are representing Kenya at this year’s Africa CEO Forum in Kigali, Rwanda. Leading the pack are mTek’s Bente Krogmann, Kaushik Burman of Spiro, Jesse Moore from M-Kopa, Ian Usiri of Ramani,…
17 May 2024
- LONDON, UK, May 17 – A new way of measurement proposed by researchers in Italy could see millions more middle-aged people finding themselves classed as obese. A study of 4,800 adults aged 40-80 led by the University of Tor Vergata in Rome focuses on…
17 May 2024
- NAIROBI, Kenya, May 17 – Kenyan bankers are against a proposal by the government to introduce a 16 percent VAT on financial transactions under the Finance Bill 2024. While VAT applies to payments for goods and services, the Kenya Bankers Association (…
17 May 2024
- NAIROBI, Kenya, May 17 – The Chairman of the National Assembly Finance Committee, Kuria Kimani, has said that the proposed 16 percent tax on bread was recommended by the National Treasury based on diabetes concerns. Speaking on Thursday in an interview…
17 May 2024
- Senegal's Prime Minister Ousmane Sonko has raised discussions about the possibility of closing French military bases in the West African country.
17 May 2024
- NAIROBI, Kenya, May 17 – Over 300 African entrepreneurs driving innovations have benefited from the Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT). While celebrating 15 years of advancing…
17 May 2024
- STOCKHOLM/BERLIN, May 17 (Xinhua) — German Chancellor Olaf Scholz and Swedish Prime Minister Ulf Kristersson have cautioned against tariffs on Chinese electric vehicles (EVs) following Washington’s announcement of hefty levies. Scholz and Kristersson…
17 May 2024
- It is virtually impossible to over emphasize the vitality of human resources in African militaries. It takes a well-trained, stocked, and equipped military to prevent aggression, respond to crises, maintain regional peace, and further national…
