Business

06 May 2024 - This is aligned with its investor protection mandate.

06 May 2024 - Majority of MSMEs at 48.6 percent invest over Sh200,000 into their business.

06 May 2024 - The percentage of married women using modern methods is lowest in Arid and Semi-Arid  counties.

06 May 2024 - The Nigerian Electricity Regulatory Commission (NERC) has directed the System Operator (SO) at the Transmission Company of Nigeria (TCN) to cut back supplies to customers in Benin Republic, Niger, and Togo to boost domestic supply.

06 May 2024 - Audit reveals Kuscco officials oversaw “out of character” cash withdrawals totalling Sh5.5 billion between February 2013 and April 2024.

06 May 2024 - The selected organisations will focus on areas like climate, economic opportunities, health, education, and crisis response

06 May 2024 - This will add to Accor’s offering in the Kenyan market, which include Fairmont the Nofolk and Mövenpick Hotel & Residences

06 May 2024 - Large labor forces are closely associated with increased productivity and production in all economic sectors. In African nations, industries such as manufacturing, services, and agriculture contribute significantly to GDP due to their large labor force…

06 May 2024 - NAIROBI, Kenya, May 6 – Pullman Hotels and Resorts, a hospitality brand by Accor, is set to open its Upper Hill Branch in Nairobi come June 2024. The Hotel will be the first ever Pullman Accor branded in Kenya and the East Africa region. According to…

06 May 2024 - HANOI, May 6 (Xinhua) — Prices of the Vietnamese rice in the global market rose by 3 to 8 U.S. dollars per ton last week, helping the Southeast Asian country return to the top position in terms of export rice prices, Vietnam News Agency reported Monday…

06 May 2024 - NAIROBI, Kenya, May 6 – Global apparel and footwear manufacturer Youngone will set up an apparel and footwear factoryat the Athi River Export Processing Zone. This was announced yesterday by Cabinet Secretary for the Ministry of Trade and…

06 May 2024 - NAIROBI, Kenya, May 6 – Asset financier MOGO has opened its first-ever electric motorbike showroom in Nairobi, targeting boda boda operators. The company says it is keen on fostering the adoption of environmentally friendly transportation in the country…

06 May 2024 - Africa is buzzing with lively economies, all thanks to the hard graft of its people. The continent has even been dubbed the world's future workplace due to its ballooning young population. However, beneath the surface of economic growth lies a huge…

06 May 2024 - US Ambassador to Kenya Meg Whitman says manufacturing has huge potential to transform the country.

06 May 2024 - The sections affected are between off Ruaka Road roundabout and Magnolia close (The Lord Erroll Restaurant).

06 May 2024 - NAIROBI, Kenya, May 6 – Kesh Kesh Cafe Limited has been removed from the list of registered companies in Kenya. Through a gazette notice, the registrar of companies, Joyce Koech, stated that the café registration was canceled due to failure to adhere to…

06 May 2024 - HOUSTON, May 6 (Xinhua) — Dozens of Chinese and U.S. entrepreneurs gathered here at a forum on Sunday to foster future cooperation amid challenges in both traditional and new energy fields. Addressing the 10th China-U.S. Energy Enterprise Cooperation…

06 May 2024 - From Davido to the dude on the street, the continent’s sneaker culture is appealing to everyone, in turn, spurring local design, innovation and entrepreneurship. We sprint across the continent for more examples of the footwear redefining African cool.…

06 May 2024 - SYDNEY, May 6 (Xinhua) — Australia’s largest domestic and international airline Qantas confirmed on Monday that it would pay 120 million Australian dollars (about 79.4 million U.S. dollars) in fines and compensation for allegedly selling tickets on…

06 May 2024 - NAIROBI, Kenya, May 6 – The Association of Startups and SMEs Enablers of Kenya (ASSEK) now demands startups and small and medium enterprises (SMEs) business support be decentralized to counties to support innovations. In its recent report, ASSEK…

06 May 2024 - Kenya’s parastatals have been banned from holding idle cash in bank accounts.

06 May 2024 - The National Treasury is cutting its expected net borrowing for the current fiscal year by Sh67.5 billion.

06 May 2024 - The government has made a U-turn on plans to abandon the Sh376 billion road programme started by retired President Kenyatta.

06 May 2024 - The government has made a U-turn on plans to abandon the Sh376 billion road programme started by retired President Kenyatta.

06 May 2024 - The government wants the National Assembly to approve Sh10.6 billion to cater for emergency response to the flooding situation.

06 May 2024 - The average ransom payment came in at 94 per cent of the initial ransom demand.

06 May 2024 - Governments worldwide have been implementing regulations to combat tax evasion and promote tax compliance.

06 May 2024 - The aggregate figure for debt service has risen by Sh44.54 billion, reaching Sh1.76 trillion.

06 May 2024 - One of the key strengths of the DRIVE is its holistic approach to development.

06 May 2024 - More than half of businesses on KRA’s eTIMS are not transacting on the platform.

06 May 2024 - Collections from a levy meant to discourage the use of kerosene to adulterate diesel and super petrol fell to the lowest level last year.

06 May 2024 - More than half of businesses on KRA’s eTIMS are not transacting on the platform.

06 May 2024 - Poor tax mobilisation across nine months of the current fiscal year to the end of March has opened up a Sh270 billion budget hole.

06 May 2024 - Car & General (C&G) is fighting off three tax demands from the Kenya Revenue Authority.

06 May 2024 - CIC Insurance Group fastest-growing brand.

06 May 2024 - The Nigerian diaspora in the United Kingdom (UK) experienced a significant increase via the country’s educational system. What some would deem a loophole in the system allowed the number of Nigerian dependents in the country to increase by 34 times.…

06 May 2024 - James Finlay company has admitted weaknesses in its management systems that led to incidents of sexual exploitation and gender-based violence at company.

06 May 2024 - A recently released study on digital platforms in Kenya revealed that only 16 percent of the consumers of food delivery and grocery platforms in Nairobi and Mombasa had complained about...

06 May 2024 - The ELRC has suspended the appointment of Bruno Mugambi Linyiru as the new director-general of the Agriculture Food Authority (AFA).

06 May 2024 - Thousands of years ago, a few hundred years after the Almighty had created Earth, its inhabitants had become insanely wicked.

06 May 2024 - Two Kenyan firms are among 21 from Africa selected to join the inaugural Google, Generative AI Cohort.

06 May 2024 - Access to healthcare services, particularly for vulnerable populations such as people with disabilities, has always been a challenge.

06 May 2024 - There is an expectation that the sustainability-related strategic decisions discussed in the sustainability report will translate into financial impact in the financial statements.

06 May 2024 - Bodybuilding has given me confidence and redefined my perception of strength versus skinniness.

06 May 2024 - During annual medical checkups, the doctor will conduct a physical examination to ensure everything is okay.

05 May 2024 - There are concerns that too many rules could hinder innovation in the technology. Nairobi forum urged for collaboration to create regulatory sandboxes to facilitate experiments and testing.

05 May 2024 - The approval ratings of China and Russia over the West in Africa continue to be accentuated. Recently, the president of the Democratic Republic of Congo gave his two cents on why he believes that Eastern influence is outgrowing Western influence in the…

05 May 2024 - National Basketball Association (NBA) Africa recently unveiled an initiative to support the sports and creative industries on the continent through mentorship and capital infusion. Clare Akamanzi, CEO of NBA Africa, said in a statement, about the launch…

05 May 2024 - TOKYO, May 5 (Xinhua) — Japan’s estimated child population as of April 1 stood at 14.01 million, marking a fall for the 43rd straight year, government data showed. The number of children aged 14 or younger, including foreigners, dropped 330,000 from a…

05 May 2024 - NAIROBI, Kenya, May 5 – Kenya’s rum market is poised for a significant surge, with a projected valuation of Sh2 billion ($18.2 million) by 2028, according to a new industry report. This marks a substantial leap from the estimated Sh1.6 billion ($12.3…