09 May 2024
- Nairobi, Kenya – April 29, 2024 – Amazon Web Services has announced availability of its initiative, ‘AI Ready,’ in Kenya. Designed to equip 2 million people by 2025 with free and essential artificial intelligence (AI) skills to thrive in the digital…
09 May 2024
- LONDON, May 9 (Xinhua) — The Bank of England (BoE), the United Kingdom’s (UK) central bank, announced on Thursday that it will maintain its benchmark interest rate at 5.25 percent for the sixth consecutive time. At its meeting ending on Wednesday, the…
09 May 2024
- BEIJING, May 9 (Xinhua) — China strongly opposes the recent U.S. sanctions applied to 20 Chinese companies for allegedly supporting Russia’s military-industrial and energy development, the Ministry of Commerce said Thursday. China always opposes…
09 May 2024
- NAIROBI, Kenya, May 9 – SBM Bank Kenya has appointed Bhartesh Shah as the new Chief Executive Officer, effective today. Shah takes over from Moezz Mir, who has been in that position for the past six years and has moved to pursue other interests. The…
09 May 2024
- Egypt's foreign debt increased by $3.5 billion in the three months leading up to the end of December, according to the central bank data released on Thursday.
09 May 2024
- The United States intends to establish its military presence in coastal West Africa. This is despite its almost futile and continuous effort to maintain its influence in said West African countries. Niger is one such country that has shunned US military…
09 May 2024
- NAIROBI, Kenya, May 9 – Investments, Trade and Industry Cabinet Secretary Rebecca Miano has urged traders in Kenya to be specific on areas to invest, saying this will make cooperation with China more productive. Miano, who spoke at the China-Africa…
09 May 2024
- COLOMBO, May 9 (Xinhua) — Forty-six percent of women and 10 percent of school children in Sri Lanka are obese, state media reported on Thursday, quoting Secretary to the Ministry of Health Palitha Mahipala. Speaking at a lecture to educate journalists…
09 May 2024
- NAIROBI, Kenya, May 9 – E-commerce platform Jumia has picked Vinod Goel to lead its East African operations. Goel, who is the current CEO of the Ugandan unit, will oversee Kenya and Uganda. The new regional CEO takes over from Charles Ballard, who…
09 May 2024
- NAIROBI, Kenya, May 9 – The government has urged Kenyans living in the Diaspora to invest back at home. In a statement delivered during a cultural event in Kingston, Jamaica, the Principal Secretary of Diaspora Affairs, Roseline K. Njogu, urged people…
09 May 2024
- NEW DELHI, May 9 (Xinhua) — Air India Express has sacked at least 30 employees, mostly cabin crew, over mass sick leave amid flight cancellations, officials said Thursday. The terminations came a day after nearly 300 employees of the private airline…
09 May 2024
- KPA said it has wired a total of Sh1.1 billion to fishermen adversely affected by dredging activities at Kilalani to construct three berths of the port.
09 May 2024
- The government is targeting at least Ksh1 billion daily revenue on eCitizen by December by increasing subscribers to its digital services platform to 30 million.
09 May 2024
- Safaricom PLC recorded Ksh.139.9 billion in earnings before interest and tax (EBIT) in the period ending March 31, 2024, financials released on Thursday showed.
09 May 2024
- NAIROBI, Kenya, May 9 – Elgeyo Marakwet investors have urged the government to allow them to harvest mature and overmature trees in public forests. Speaking during an awareness workshop on the disposal of forest plantation materials in Iten, Elgeyo…
09 May 2024
- NAIROBI, Kenya, May 9 – The National Assembly Committee on Finance and National Planning Chairperson Kuria Kimani has assured that the Finance Act 2024 will have clear provisions devoid of ambiguity on tax matters. Speaking during a breakfast engagement…
09 May 2024
- May 9 – Plane bodies made by Boeing’s largest supplier regularly left the factory with serious defects, according to a former quality inspector at the firm. Santiago Paredes who worked for Spirit AeroSystems in Kansas, told the BBC he often found up to…
09 May 2024
- NAIROBI, Kenya, May 9 – Safaricom profit after tax fell by 18.71 percent to Sh42.7 billion in the full year ending March 2024, coming on the back of investment in an Ethiopian subsidiary. The results, which were announced early today in Nairobi, showed…
09 May 2024
- NEW YORK, May 8 (Xinhua) — Intel, a major player in the chip industry, suffered a material drop in its stock price on Wednesday as its operations faced a significant setback due to renewed U.S. sanctions on one of Intel’s customers in China. Intel…
09 May 2024
- NAIROBI, Kenya, May 9 – Estonia-based tech education publisher Starcloud is set to partner with Kenya’s education stakeholders to modernize the delivery of learning in the country. In a statement, the company stated that the partnership will be…
09 May 2024
- An Italian firm is looking to harness Kenya’s biogas. The company intends to establish a biogas facility that will use trash dumps from five large landfills across the country to generate energy for households. This idea is coming from an energy company…
09 May 2024
- President William Ruto’s bottom-up economic transformation agenda will get a Sh257.31 billion shot in the arm in the coming financial year.
09 May 2024
- The rift between the West and the Junta governments in West Africa continues to widen with each passing day. The situation with Niger and the United States reflects this growing tension. Additionally, the soured relationship between France and Mali…
09 May 2024
- Sri Lanka’s Browns Investments has made a move on Limuru Tea, in what could tighten its grip on the Kenyan tea industry after a successful take-over of James Finlay last year.
