Business

19 February 2024 - The Nigerian currency, the Naira which has been in a freefall since the year began has crossed the 2000 mark against the British Pound. As at Monday, the Nigerian Naira is exchanging above 2,000 per Pound at the parallel market. The Naira is also…

19 February 2024 - Animal welfare charities have welcomed an Africa-wide ban on the controversial donkey skin trade. It will make it illegal to slaughter donkeys for their skin in 55 countries across the continent. Demand for the animals’ skins is fuelled by the…

19 February 2024 - Tanzania and Russia have opened a dialogue to establish a direct air route between both nations. Tanzania’s Ambassador to Russia Fredrick Ibrahim Kibuta disclosed that an agreement is already being put in place to this effect. The ambassador hopes…

19 February 2024 - Agriculture loans and investments portfolios currently are disproportionately low compared to the agriculture sector's share of GDP.

19 February 2024 - NAIROBI, Kenya, Feb 19 – Britam, Swiss Re, and Oxfam have joined forces to expand flood insurance coverage for 20,000 families in Tana River County. This marks a significant increase in the number of households covered under the Index-Based Flood…

19 February 2024 - The agreement targets to onboard close to 20,000 families in Hola and Garsen

19 February 2024 - Only 38% of Kenya's adults are financially literate.

19 February 2024 - LONDON, Feb. 19 (Xinhua) — Schools across England on Monday received new guidance issued by the British government on prohibiting the use of mobile phones throughout the school day, including at break times. The Department for Education said that…

19 February 2024 - NAIROBI, Kenya, Feb 19 – A new gender bonds toolkit has been introduced in Nairobi to centralize capital for women in the African capital markets. FSD Network’s gender collaborative program, British International Investment (BII), and the United…

19 February 2024 - Fourteen luck punters struck gold in the SportPesa jackpot bonus, marking a memorable Valentine's celebration.

19 February 2024 - Kenya to host the

19 February 2024 - A house can use 30 units of electricity per month, for lighting.

19 February 2024 - Kenyans in diaspora sent home a record sum in January 2024, the most they ever have. Taking advantage of the DhowCSD platform to buy into local bonds, Kenyans outside their homeland sent 10% more money than they did a month prior. This amount even…

19 February 2024 - Leading online gaming platform in Kenya SportPesa has announced a groundbreaking enhancement to its cash out feature, unveiling the all-new "FULL Cash Out" option to its customers.

19 February 2024 - Last week, Niger failed to make a debt payment of 13.4 billion CFA francs ($22 million), according to the West African debt management agency.

19 February 2024 - BAT Kenya full year 2023 earnings discussion with CFO, Philemon Kipkemoi

19 February 2024 - Equity Group Foundation has admitted 505 scholars, from 225 secondary schools from all 47 counties, into the 26th cohort of the Equity Leaders Program.

19 February 2024 - TOPLINE OpenAI inked a deal with venture capital firm Thrive Capital that boosted its valuation to $80 billion or more, the New York Times reported, a nearly threefold increase in value from just nine months ago. KEY FACTS OpenAI will engage in an…

19 February 2024 - Responding to the urgent global call for environmental protection and sustainability, Kenya has made a bold move to plant an unprecedented 15 billion trees. Aimed at mitigating climate change, increasing biodiversity and enhancing environmental…

19 February 2024 - NAIROBI, Kenya, Feb 19 – The Ministry of Agriculture and Rootooba are hosting FINAS2024, a financing sustainability conference, on March 27th and 28th, 2024. The two-day event aims to address the low investment in Kenya’s agriculture sector despite…

19 February 2024 - Judge says Tuskys had written a letter in January 2021 stating its readiness to vacate the building and asked for time to clear its merchandise.

19 February 2024 - COLOMBO, Feb. 19 (Xinhua) — Government ministers and delegations from 46 members of the United Nations Food and Agriculture Organization (FAO) have gathered here for the opening of the 37th ministerial session of the FAO regional conference for…

19 February 2024 - NAIROBI, Kenya, Feb 19 – The Kenya Tea Development Agency (KTDA) has rolled out an energy monitoring system in the tea processing operations of its managed tea factories to facilitate energy efficiency in tea production. The programme, currently…

19 February 2024 - The recent trend of the Kenyan shilling strengthening against the US dollar has drawn attention and sparked discussions among economists, policymakers and market participants.

19 February 2024 - A Sh14 billion tax dispute between Keroche and KRA led to the closure of the brewer in 2022.

19 February 2024 - The dollar was steady on Monday after data last week showing U.S. inflation remained sticky cast doubts on when the Federal Reserve would start its easing cycle, while the yen remained rooted near the psychologically key 150 per dollar level.

19 February 2024 - NAIROBI, Kenya Feb 19 – President William Ruto has criticized MPs from the government coalition opposing the Affordable Housing Program, emphasizing its role in alleviating unemployment in the country. Speaking during the Kenya Kwanza Parliamentary…

19 February 2024 - Many of the faulty transformers frequently explode, leading to power outages that sometimes last months.

19 February 2024 - TEHRAN, Feb. 18 (Xinhua) — Iran’s Foreign Ministry Spokesman Nasser Kanaani on Sunday denounced the U.S. Senate for approving a 14-billion-U.S.-dollar aid package for Israel, which he said would enable more Israeli killings in the Gaza Strip.…

19 February 2024 - NAIROBI, Kenya, Feb 19 – The Office of the Attorney General (AG) has replaced Jennifer Gatiri with Waigi Kamau to sit on the Board of the Kenya Revenue Authority (KRA). The new alternate director of the AG was shared by AG Justin Muturi with the…

19 February 2024 - By Dr Eng Fenwicks Musonye From the 21st to 23rd of May this year (2024), Kenya will host the International Energy Agency’s World Energy Efficiency Conference. This will be the first time Africa will be hosting the event and it is important for…

19 February 2024 - Ex-employees of Twitter, rebranded as X, have received compensation from the company over a year after their sudden dismissal.

19 February 2024 - Nigerian students are increasingly turning away from pursuing their undergraduate studies in the United Kingdom. Official statistics released last week reveal that the number of applicants from Nigeria has declined by a staggering 46 per cent, more…

19 February 2024 - NAIROBI, Kenya, Feb 19 – The National Treasury has urged the country’s business community to actively engage in tax payments to the Kenya Revenue Authority (KRA). According to National Treasury Principal Secretary Chris Kiptoo, who spoke during a…

19 February 2024 - SINGAPORE, Feb. 18 (Xinhua) — Chinese passenger jet C919 made a rehearsal flight Sunday in Singapore to prepare for the upcoming airshow. Five aircraft developed by the Commercial Aircraft Corporation of China, Ltd., including C919, will meet the…

19 February 2024 - NAIROBI, Kenya, Feb 19 – A kilogram of macadamia nut has increased by five times since the government last year suspended a ban on the export of unprocessed nuts. Members of the Nuts Traders Association of Kenya have hailed the suspension of the…

19 February 2024 - Autopax will undertake the assembly of the bikes and source some parts locally.

19 February 2024 - The tragic crash of a helicopter that killed six people, including top Nigerian banker Herbert Wigwe and his family, in the U.S. could have been avoided due to the weather conditions, according to U.S. aviation attorney Robert A. Clifford. In an…

19 February 2024 - The Road Maintenance Fuel Levy is a tax collected at the oil pump and is currently set at Sh18 per litre of petrol and diesel.

19 February 2024 - Thousands of customers, both domestic and commercial, are switching to solar energy.

19 February 2024 - Kenya is working on new regulations to police trading in cryptocurrencies such as Bitcoin.

19 February 2024 - Urinary incontinence is a common problem amongst women and tends to increase with advancing age.

19 February 2024 - The government wants ministries to be self-sufficient, setting the stage for higher charges on fees.

19 February 2024 - Kenya’s imports from Tanzania fell by Sh10.23 billion last year on the back of renewed trade barriers.

19 February 2024 - KRA is hunting down barbers, high-end beauty parlours and taxi drivers.

19 February 2024 - KRA is hunting down barbers, high-end beauty parlours and taxi drivers.

19 February 2024 - Power prices in Kenya have skyrocketed especially over the past year.

19 February 2024 - The Treasury has bought back Sh210 billion out of the outstanding Sh291.7 billion of its 2014 Eurobond.

19 February 2024 - KRA collected about Sh25.9 billion more in fuel taxes in the six months to last December.

19 February 2024 - An audit report on the financial risk of 50 State-owned enterprises (SOEs) will be out by the end of June.