Business

20 February 2024 - The executive offices of the President, Deputy President and that of the Prime Cabinet Secretary spent Sh820 million cumulatively in travel in the six months ended December 2023. 

20 February 2024 - NAIROBI, Kenya, Feb 20 – The Kenya Bureau of Statistics (KEBs) has issued a notice banning the importation of secondhand electric vehicles (EVs) whose battery life is less than 80 percent. KEB’s Managing Director, Esther Ngari, said that the…

20 February 2024 - What makes AI so special, such a breath of fresh air, in a manner of speaking?

20 February 2024 - NEW YORK, Feb. 20 (Xinhua) — Former U.S. President Donald Trump recently debuted unexpectedly at the “Sneaker Con” show in the U.S. northeastern city of Philadelphia, hawking new Trump-branded sneakers. Trump’s appearance was greeted with loud boos…

20 February 2024 - NAIROBI, Kenya, Feb 20 – Kenya Power and Lighting Company (KPLC) plans to connect 400,000 new users to the national grid as it seeks to meet universal electricity access. For the half-year period ending December last year, the utility firm…

20 February 2024 - The military junta in Guinea, which took control in a coup in September 2021, has officially dissolved the interim government and sealed all borders.

20 February 2024 - NAIROBI, Kenya, Feb 20 – The Kenya Power and Lighting Company (KPLC) has said that the completion of the Narok-Bomet cable line will address the country’s incessant power outages that disrupt economic activities. KPLC Managing Director and CEO…

20 February 2024 - Boasting Africa’s largest economy, a significant chunk of Nigeria’s revenue often stems from foreign investments. Nigeria’s capital importation, given its business ecosystem, remains one of the country’s staple revenue streams owing to its enviable…

20 February 2024 - This is a rise from the 17.5 6Per cent that the lender has been offering to its customers.

20 February 2024 - The state-owned entities haven't remitted Sh42.06 billion in employer contributions.

20 February 2024 - More than 250,000 Kenyans have been connected to electricity across the country in the period up to December 2023, Kenya Power now says. 

20 February 2024 - KRA reckons the new campaign will help step up compliance amid the mounting scrutiny on the tactics it uses to enhance compliance.

20 February 2024 - Over the 2024-25 financial year, the government plans to borrow Sh703 billion, which is lower than the Sh785 billion that it plans to borrow by the end of the current financial year.

20 February 2024 - The confrontation between the Economic Community of West African States (ECOWAS) and Junta states may have just escalated. There are reportedly thousands of recorded deaths as a result of the back-and-forth between the two parties, and Burkina Faso…

20 February 2024 - Mwiti will take the helm of the NSE at a time the bourse and Kenya's capital markets regulator are keen to stimulate more firms to list at the bourse and end a listing drought.

20 February 2024 - NAIROBI, Kenya, Feb 20 – The Kisumu County Government has been dealt a blow in its attempt to relocate a section of Kisumu public service vehicles to the new Mowlem bus park. Kisumu High Court Judge, Samson Okong’o put breaks in the relocation plan…

20 February 2024 - HANOI, Feb. 20 (Xinhua) — Vietnam aims to send 125,000 laborers abroad to work under contracts in 2024, focusing on key traditional markets such as Japan, China’s Taiwan and South Korea, Vietnam News Agency reported Tuesday, citing the Ministry of…

20 February 2024 - NAIROBI, Kenya, Feb 20 – The Nairobi Securities Exchange (NSE) has announced the appointment of Frank Mwiti as the new Chief Executive Officer, succeeding Geoffrey Odundo, who is set to retire on March 1 after nine years of service. Kiprono Kittony…

20 February 2024 - Move to reduce reliance on external borrowing.

20 February 2024 - Frank Mwiti is the outgoing partner and East Africa markets lead at British professional services multinational Ernst & Young.

20 February 2024 - Kenya had added Ksh1.93 trillion ($13.3 billion) to its overall debt at the end of 2023. Currently, the country’s public debt stands at Ksh11.14 trillion ($76.83 billion), which is an all-time high for the East African giants. Multilateral loans…

20 February 2024 - KEBS has announced that no secondhand electric vehicles with a battery life under 80% will be barred from importation into the country.

20 February 2024 - The future of global governance, spurred by revolutionary technological leaps, dominated talk during this year's World Governments Summit (WGS) in Dubai.

20 February 2024 - NAIROBI, Kenya, Feb 20 – Pamoja, a sustainable macadamia nut producer in East Africa, has received an investment of Sh1.2 billion from French asset management company Mirova to accelerate sustainable macadamia nut production in Kenya and Tanzania.…

20 February 2024 - NAIROBI, Kenya, Feb 20 — Kenya has exempted Ethiopians from the USD30 fee paid by foreigners seeking Electronic Travel Authorization (eTA) to enter the country. Ethiopia’s Ambassador to Kenya, Bacha Debele Buta, expressed gratitude towards the…

20 February 2024 - RIYADH, Feb. 19 (Xinhua) — Saudi Arabia launched on Monday the “Saudipedia” digital platform during the Future of Media Exhibition (FOMEX) in Riyadh as part of the Saudi Media Forum activities. The platform, also referred to as the Saudi…

20 February 2024 - The Blockchain Association of Kenya (BAK), Kenya’s leading digital asset industry lobby group, has extended the feedback period on its community-led draft Virtual Asset Service Provider (VASP) bill.

20 February 2024 - Nigeria's unemployment rate increased to 5% in Q3 2023 from 4.2 recorded in Q2 2023, according to the National Bureau of Statistics.

20 February 2024 - Growth in Canada’s international education sector has typically been driven by Indian and Chinese students, particularly by the former in recent years. However, a new report has revealed that eight (8) of Canada’s top 10 fastest-growing student…

20 February 2024 - NAIROBI, Kenya, Feb 20 – Car & General (C&G) yesterday evening introduced electric three-wheelers in the Kenyan market as demand for clean mobility solutions grows. The Piaggio Ape Electrik vehicles, which include the Ape E-City FX Max for…

20 February 2024 - CAIRO, Feb. 19 (Xinhua) — Energy giant British Petroleum (BP) planned 1.5-billion-U.S. dollar new investments for development and exploration activities in Egypt, the Egyptian presidency said on Monday. The announcement was made after a meeting in…

20 February 2024 - NAIROBI, Feb. 19 (Xinhua) — Kenya’s electricity imports from Ethiopia rose dramatically in 2023 as Addis Ababa became the largest source of outside power supplier for the East African nation, according to Kenya National Bureau of Statistics (KNBS…

20 February 2024 - Story curated by Chanel Retief and Nicole PillayArt Direction: Lucy Nkosi Photography: Katlego Mokubyane ; Assistant: Sbusiso Sigidi Styling: Deneal Van Wyk; Outfits supplied by Fashimo Styles Studio, Ukara, Suited For Her and PreviewAccessories…

20 February 2024 -   The Nairobi Securities Exchange (NSE) has appointed Frank Mwiti the new CEO effective May 2, 2024, to replace Geoffrey Odundo who exits the bourse on March 1, 2024. Odundo completes his tenure as the Chief Executive of the NSE having served for…

20 February 2024 - People Daily newspaper criticises President William Ruto and his administration, arguing “the disdain by the Ruto administration for the media has never been disguised.”

20 February 2024 - Rising power bills see major industrial consumers resort to setting up their own small-scale generation systems.

20 February 2024 - Illegal raid and carting away property over alleged rent arrears comes to haunt building owner who has now been forced to pay for the damages.

20 February 2024 - Kenya is putting many thousands of shillings in the pockets of those at the bottom end of the pay scale than any of her counterparts, Uganda and Tanzania, in East Africa - it has the highest minimum wage.

20 February 2024 - The National Treasury plans to issue a local foreign currency-denominated bond to help finance its budget.

20 February 2024 - Lawyers will from next month start reporting suspicious transactions by their clients.

20 February 2024 - A series of blunders in a project started to tackle unemployment may have formed a perfect recipe for the loss of billions of shillings.

20 February 2024 - Lawyers will from next month start reporting suspicious transactions by their clients.

20 February 2024 - Financially weak companies seeking to raise capital from the Kenyan corporate debt market must undergo mandatory credit rating.

20 February 2024 - Simba Corp is targeting Kenyan smallholder farmers in its new tractor partnership with Mahindra.

20 February 2024 - Former Scangroup CEO Bharat Thakrar has threatened to sue the company's UK-based parent WPP.

20 February 2024 - Consumers paid an extra Sh70.35 billion in exaggerated power bills.

20 February 2024 - Consumers paid an extra Sh70.35 billion in exaggerated power bills.

20 February 2024 - Thousands of workers at cash-strapped parastatals risk retiring empty-handed.

20 February 2024 - Kenya’s public debt shot up by Sh1.93 trillion in the year ended December 2023.

20 February 2024 - External loan disbursements, exchange rate fluctuation and domestic debt uptake cause increase.