Business

19 March 2025 - Proparco signed an agreement with Equity Group on Wednesday, granting technical assistance of €1 million (about Ksh.141 million) to Equity Group Foundation (EGF) for the implementation of its “Climate Resilient Agri-Food Systems (CRAFS)” project.

19 March 2025 - Fraudsters use forged documents, set up fake agencies, and even create counterfeit platforms to lure victims with unbelievably low premiums.

19 March 2025 - These Ugandan game designers and founders are holding up a mirror to society with their art. As many a traveler knows, you’re never alone if you’ve packed some cards. You could indulge in the terse isolation of solitaire, but in East Africa you can…

19 March 2025 - Ghana’s economy is projected to maintain its growth momentum into 2025, with Gross Domestic Product (GDP) forecast to expand by 5.4% year-on-year, according to Jibran Qureishi, Head of Africa Research at Standard Bank Group.

19 March 2025 - NAIROBI, Kenya, Mar 19 – Standard Chartered Bank profit after tax expanded by Sh6.23 billion to Sh20 billion last year on the back of improved incomes from interest and non-interest segments. During a similar period in 2023, the lender recorded a Sh13…

19 March 2025 - WASHINGTON, March 19 (Xinhua) — The U.S. Defense Department plans to cut 50,000 to 60,000 civilian jobs through firings, resignations and a hiring freeze in the coming months, local media reported on Tuesday. Intending to cut 5 to 8 percent of the…

19 March 2025 - The bank’s 45 percent growth in net profit was largely driven by higher income.

19 March 2025 - NAIROBI, Kenya, Mar 19 – E-mobility company Roam has partnered with 4G Capital, a Central Bank of Kenya-licensed digital credit provider, to launch an innovative financing program aimed at providing affordable electric motorcycles to boda boda riders…

19 March 2025 - NAIROBI, Kenya, Mar 19 – Upper Hill’s Radisson Blu Hotel has been nominated in four categories of the 2025 World Travel Awards (WTA). The hotel will compete for the titles of Africa’s Leading Business Hotel, Kenya’s Leading Business Hotel, Kenya’s…

19 March 2025 - Dangote Refinery may withhold petrol supply to the Nigerian market due to unresolved issues surrounding the naira-for-crude oil exchange deal.

19 March 2025 - The global reputation of a university affects education, research, employment, and economic growth in significant ways. It is not simply about academic status.

19 March 2025 - NAIROBI, Kenya, Mar 19 – Advocate of the High Court Francis Wanjiku has called for policy reforms at the Energy and Petroleum Regulatory Authority (EPRA), urging the Cabinet to realign the regulator’s fuel pricing role with the Energy Act, 2019. In a…

19 March 2025 - WASHINGTON, March 19 (Xinhua) — A U.S. federal judge ruled on Tuesday that the dismantling of the U.S. Agency for International Development (USAID) has likely violated the Constitution, and ordered an indefinite pause on further cuts to the agency. U.…

19 March 2025 - According to the latest data from the Global Anti-Scam Alliance (2023–2024), the United States tops the global list of countries losing the most money per victim to scams, with an average loss of $3,500 per person.

19 March 2025 - The bank’s 45 percent growth in net profit was largely driven by higher income.

19 March 2025 - The president of the oil-producing nation of Nigeria, Bola Tinubu, recently declared a state of emergency in the country's primary oil-producing region, Rivers State, led by Governor Sim Fubara.

19 March 2025 - MAR 19 – Google has agreed to pay $28m (£21.5m) to settle a lawsuit that claimed white and Asian employees were given better pay and career opportunities than workers from other ethnic backgrounds, a law firm representing claimants says. The…

19 March 2025 - NAIROBI, Kenya, Mar 18 – The Government has introduced the Excise Duty (Amendment) Bill, 2025 in the National Assembly, seeking to amend the Excise Duty Act, particularly concerning the importation of fully assembled electric transformers. The Bill…

19 March 2025 - Tanzania’s economy might be booming, but its currency is taking a hit, and it may take some time before the local currency benefits.

19 March 2025 - Most workers in private pension schemes have not been granted approval to offset higher NSSF deductions with their monthly retirement savings, forcing them to pay up to Ksh3,840 extra from February.

19 March 2025 - One million Kenyans have received insurance protection over the past year, through an innovation insurance product offered between pay as you go smartphone provider M-KOPA - and Turaco, a Kenyan-based insurtech. 

19 March 2025 - Healthcare providers refusing to offer outpatient services under the Social Health Authority (SHA) risk deregistration, with Health PS Harry Kimtai warning that the government will not bow to pressure over unpaid medical claims.

19 March 2025 - Kenya's National Police Service has received a Ksh7.5 billion boost in the latest supplementary budget, with Ksh2.5 billion earmarked for the Haiti security mission — an amount higher than Kenyatta National Hospital’s allocation of Ksh1.7 billion.

19 March 2025 - James leaned back on the plush leather seat of his SUV, his eyes fixed on the blinking fuel gauge. He sighed. Payday was still five days away, and his bank balance was dangerously low. Being truly wealthy means having the financial flexibility to…

19 March 2025 - MMFs have become the go-to investment option for Kenyan investors. MMFs often offer higher yields than traditional bank accounts, making them attractive to investors.Shilling MMFs are ideal for maximising returns while maintaining liquidity, while USD…

19 March 2025 - MMFs are becoming popular in Kenya due to their easy accessibility and daily returns. The CIC MMF is a low-risk investment option designed to offer capital preservation, liquidity, and inflation protection. Managed by CIC Asset Management Ltd, the…

19 March 2025 - The Retirement Benefits Authority (RBA) has proposed changes to pension laws to prevent workers from accessing their savings before turning 50, aiming to boost retirement security. Currently, employees under 50 can withdraw up to half of their pension…

19 March 2025 - In 2022, he was a well-established videographer, covering both public and exclusive events. But then, everything changed. In a tough but necessary decision, Peter sold his motorbike—the last valuable thing he owned. Fast forward three years to 2025—…

19 March 2025 - Kenya Power has warned that electricity prices could surge by up to 30% if it yields to county demands to pay wayleave charges for its distribution lines, which amount to Ksh63.8 billion—a cost likely to be passed on to consumers.

19 March 2025 - Kenya’s ambitious Ksh104.8 billion Social Health Authority (SHA) project is under intense scrutiny after Auditor General Nancy Gathungu revealed that, despite massive public investment, the government neither owns nor controls the system—with all…

19 March 2025 - That’s when I realized how highly people rate formal employment and job titles. If you do not have a job title, family increasingly finds you irrelevant - like, respect is pegged on your job title - no matter how little you actually earn. Last…

19 March 2025 - The Sanlam MMF, is a low-risk investment vehicle designed to offer capital preservation, steady returns, and liquidity. Managed by Sanlam Investments East Africa, the fund aims to provide higher returns compared to average bank fixed and call deposits…

19 March 2025 - The government has not implemented a recommendation by the Kenya National Highways Authority (KeNHA) to lower toll charges on the Nairobi Expressway, despite inflation falling and the shilling strengthening against the dollar, but the Ministry of…

19 March 2025 - The government plans to raise Ksh9.2 billion in private funding to construct 2,320 low-cost rental units in the first phase of the Athi River Affordable Housing Project, as part of a broader plan to mobilise Ksh70 billion through public-private…

19 March 2025 - The President, Deputy President, and top judges are set for a pay increase starting July, with the combined annual salary for the two top offices rising from Ksh36 million to Ksh42 million. Treasury documents also indicate that judges' salaries will…

19 March 2025 - Maintaining a positive relationship with money isn’t as easy as it sounds. One day, you’ve got KES 100,000 sitting comfortably in your bank, and before you know it, it’s all gone. It feels like a never-ending cycle. Our relationship with money is…

19 March 2025 - The draft Road Tolling Policy 2025 has entered the public participation phase - seeking to introduce road tolls to cover an annual Ksh253 billion gap in the maintenance budget. Major roads targeted for tolls include Thika Highway, the Kenol-Marua…

19 March 2025 - I’ve always been the kind of person who gets excited about Valentine’s Day - flowers, chocolates, catch a movie at a mall - all the mushy stuff. Two years back, though, I learned that expectations and reality don’t always align. I was a couple of…

19 March 2025 - The Affordable Housing Board has announced that Ksh46 billion from housing levy contributions have been invested in government securities, accounting for more than half of the total deductions collected. 

19 March 2025 - Despite the tough economic climate, several stocks on the NSE have continued to perform exceptionally well. In this article, we take a look at some of the highest returning stocks in terms of capital gains, by analysing price appreciation over the…

19 March 2025 - The Kenya Revenue Authority (KRA) is intensifying efforts to enforce the 1.5% housing levy among informal sector workers, warning that defaulters risk having their bank accounts frozen and PINs blocked. While the levy has been deducted from salaried…

19 March 2025 - The NABO Africa Money Market Fund (MMF) is a collective investment scheme regulated by the Capital Markets Authority (CMA). It is designed to provide investors with a low-risk and liquid financial solution. The fund offers competitive returns, last…

19 March 2025 - Trump's 90-day freeze on foreign aid has halted over $13 million in U.S. funding for an international security mission in Haiti, threatening efforts to combat armed gangs controlling most of Port-au-Prince. The mission, which involves nearly 900…

19 March 2025 - With Ksh50,000 a month, you have to balance your essential expenses, savings, and investments. To get started with investing, it’s important not to stretch yourself too thin. Your savings goal is important, but so is laying the groundwork for your…

19 March 2025 - MOSCOW, March 19 (Xinhua) — The EU recorded its highest level of gas imports from Russia in two years this January, purchasing a total of 1.9 billion euros (approximately 2.08 billion U.S. dollars) worth of pipeline gas and liquefied natural gas (LNG…

19 March 2025 - NAIROBI, March 19 (Xinhua) — The Kenya Tourism Board (KTB), the country’s state-owned tourism marketing body, said on Tuesday that it will tap into the growing motorsports enthusiasm in the East African region to increase visitor arrivals. The KTB…

19 March 2025 - Thousands of African locals have shared their insights on the best cities for food, ranking them based on quality, affordability, and a range of attributes, from family-friendliness to innovation.

19 March 2025 - Taxman under pressure to collect amount in wake of streak of missed targets.

18 March 2025 - Airlines worldwide are racing to secure new revenue streams through this emerging technology, which offers them a sustainable solution for navigating congested urban areas.

18 March 2025 - NAIROBI, March 18 (Xinhua) — Kenya’s active mobile phone subscriptions grew by 2 percent to reach 71.4 million as of December 2024, up from 70 million in October 2024, the country’s communications industry regulator said in a new report released on…