07 March 2024
- Senegalese President Macky Sall has set the date for its delayed presidential election for March 24, following a top court ruling that deemed holding the vote after his mandate expires on April 2 unconstitutional.
07 March 2024
- Nineteen more digital credit companies have been approved by the Central Bank of Kenya (CBK), bringing to 51 the total number of providers licensed to operate in the country.
07 March 2024
- Energy access is a bedrock of our economic development, as well as boosting the wellbeing of our people and protecting the planet we share.
07 March 2024
- NAIROBI, Kenya, Mar 7 – The Kenya Ports Authority (KPA) has announced the arrival of the third Messina’s full container vessel service registered vessel, MV Jolly Giada, that is set to offload 2,000 twenty-foot equivalent units (TEU) in the port of…
07 March 2024
- NAIROBI, Kenya, Mar 7 – The Energy and Petroleum Regulatory Authority (EPRA) has developed new regulations that will enable private investors to participate in electricity distribution across the country. In a statement, EPRA stated that the draft…
07 March 2024
- BERLIN/FRANKFURT — Tesla’s European gigafactory near Berlin has halted work until further notice, after what CEO Elon Musk called an “extremely dumb” suspected arson attack nearby left it without power on Tuesday. The attack southeast of the German…
07 March 2024
- Founded in 1965, Britam is an insurance and investment holding company that offers diversified financial services, including money market funds among insurance, asset management, and property development in Kenya and across Africa. The markets have…
07 March 2024
- LONDON, March 6 (Xinhua) — The United Kingdom’s (UK) Chancellor of the Exchequer Jeremy Hunt on Wednesday announced in his spring budget that National Insurance contributions would be cut for 27 million British workers. From April 6, employees’…
07 March 2024
- NAIROBI, Kenya, Mar 7 – Java House has announced its sponsorship of Kenya’s volleyball teams, Malkia Strikers and Wafalme Stars, as their catering partner. The agreement, facilitated through the Java Foundation and the Kenya Volleyball Federation,…
07 March 2024
- NAIROBI, Kenya, Mar 7 – The governments of the United States, Finland, and Canada have joined hands to fund a sustainable medicinal oxygen manufacturing facility in Tatu City, Kiambu County. Hewatele, a Kenyan medical oxygen producer, has secured a $…
07 March 2024
- NAIROBI, Kenya, Mar 7 – The governments of the United States, Finland, and Canada have joined hands to fund a sustainable medicinal oxygen manufacturing facility in Tatu City, Kiambu County. Hewatele, a Kenyan medical oxygen producer, has secured a $…
07 March 2024
- NAIROBI, Kenya, Mar 7 – The East African Cables (EAC) company has announced 51 percent sales of its issued share capital in Tanzania. The company said the move will benefit its shareholders and the investing public who have entered into a share…
07 March 2024
- KSL is fast-tracking plans to introduce 300 new climate-smart artisanal boats to help promote blue economy activities on Lake Victoria.
07 March 2024
- Peach Cars offers a marketplace for locally-used vehicles and applies a rigorous inspection process to all cars to ensure buyers have full information, get fair pricing, and avoid all the challenges car buyers traditionally face. Peach Cars also has…
07 March 2024
- TOPLINE X, formerly known as Twitter, experienced a 30% drop in usage from 2023 to 2024, according to a study from Edison Research that clashes with favorable traffic metrics shared by the social media platform’s billionaire owner, Elon Musk, and CEO…
07 March 2024
- HARARE, March 6 (Xinhua) — An anti-sanctions lobby group camping in front of the U.S. Embassy in Harare in protest at U.S. sanctions has vowed that only when all sanctions are lifted will the camp be dismantled. “We have been camped outside the U.S.…
07 March 2024
- BONN, Germany, March 6 (Xinhua) — The German logistics giant DHL Group recorded a revenue of 81.8 billion euros (89.1 billion U.S. dollars) and an operating result (EBIT) of 6.3 billion euros for the 2023 financial year, meeting the company’s target,…
07 March 2024
- NAIROBI, Kenya, Mar 7 – The Retirement Benefits Authority (RBA) has urged retirement benefit schemes whose financial year ended on December 31, 2023, to submit their financial statements by March 31, 2024, and pay the requisite levy by April 30, 2024…
07 March 2024
- In December, Kenya's economy, specifically in Nairobi, experienced an aberration in which inflation disproportionately affected those with the most wealth rather than the poor. High-income earners were hit the hardest by consumer prices. This was an…
07 March 2024
- Three African banking brands - Equity Bank (Kenya), First National Bank, 92.29 (SA), and Kenya Commercial Bank, have been ranked amongst the top 5 strongest banking brands while South African bank Capitec is seventh.
07 March 2024
- Although Africa has largely moved on from 2G technology, it is still seeing investment go into 3G and 4G networks, when the world is leaning on 5G.
07 March 2024
- Egypt’s decision to increase its interest rates, which allowed its currency to depreciate by more than 35% has paid dividends. The International Monetary Fund (IMF) said on Wednesday that it will raise its current loan arrangement with Egypt by $5…
07 March 2024
- Applications from firms seeking to enter the digital lending space increased to 480 from the 401 CBK reported at the time of the last licensing in March 2023.
07 March 2024
- The energy sector regulator has postponed approval of Tullow Oil's Field Development Plan that would grant the firm an oil production licence.
07 March 2024
- The firm will use the debt and equity funds raised to finance the building of the Cryogenic Medical Liquid Oxygen Air Separation Unit plant at Tatu Industrial Park.
07 March 2024
- The growth of Nanyuki town has been fast amidst ongoing infrastructural advancements fueled by devolution and upgrading to municipality status.
07 March 2024
- The newly acquired license authorises SIB to manage pension funds, empowering it to provide tailored investment strategies and holistic retirement planning solutions.
07 March 2024
- KBA chief executive officer Habil Olaka said the drift is necessary for the banking sector to respond to the fast-changing customers demands.