Business

14 May 2025 - Zamara analysed the risk profile of the sector by sampling 409 schemes with Sh1.16 trillion in assets under management (excluding property).

14 May 2025 - Africa’s business landscape is evolving fast, and 2025 has proven to be a year of both resilience and reinvention.

14 May 2025 - In discourse about technological adoption and revolution, the piles of old monitors, phones, cables, mouses, and keyboards are often forgotten. With every new phone or laptop release, thousands of devices and their accompanying attachments are discarded…

14 May 2025 - If you are not feeling stupid at times, chances are something may be missing in the process of aiming for intelligent decision making.

14 May 2025 - Qatar has repatriated 75 Tanzanian truck drivers after they were found unable to operate modern heavy-duty vehicles, despite being deployed to Doha for work in the commercial transport sector.

14 May 2025 - The Kenya National Chamber of Commerce and Industry (KNCCI) President Erick Rutto has decried the numerous levies and certifications entrepreneurs are required to pay for when setting up businesses in Kenya.

14 May 2025 - Within the last few weeks, there have been massive developments between West African countries and the International Monetary Fund (IMF). Nigeria and Ghana stand at the forefront of these current developments.

14 May 2025 - ABIDJAN, May 14 (Xinhua) — An agreement was signed on Tuesday between stock exchange Bourse Regionale des Valeurs Mobilieres (BRVM) and investment platform Africa50 to facilitate infrastructure financing in West Africa. The partnership, which leverages…

14 May 2025 - NAIROBI, Kenya, May 14 – Kenya has emerged as the top destination for high-net-worth individuals (HNWIs) purchasing homes, according to the 19th Edition of The Wealth Report by Knight Frank. A 66 percent of wealthy investors selected Kenya as their…

14 May 2025 - Ghana is actively exploring the re-establishment of a national airline with technical assistance from the United Arab Emirates (UAE), following high-level diplomatic discussions in Abu Dhabi.

14 May 2025 - Mali's military government has again announced the dissolution of all political parties, a move that follows a controversial recommendation made last month and has triggered widespread unrest in the capital, Bamako.

14 May 2025 - Tensions between France and Algeria have reached a new high following a tit-for-tat diplomatic incident in which both nations expelled their respective envoys.

14 May 2025 - A new bill, the Border Security Investment Act introduced in the United States House of Representatives, aims to strengthen border security by imposing a steep fee on remittances sent by immigrants.

14 May 2025 - The lithium-manganese-rich cell, developed with LG Chem, uses far less cobalt and nickel than current lithium-ion cells. It’ll be produced in the U.S. and show up in large pickups and SUVs in 2028. General Motors, which sells the biggest lineup of…

14 May 2025 - MAY 14 – Airbnb says users will now be able to book luxury services like personal trainers, massages and chefs on its redesigned app as it continues to expand beyond its main short-term rentals business. “People choose hotels for their services. People…

14 May 2025 - NAIROBI, Kenya, May 13 – The Kenya Development Corporation (KDC), through the State Department for Livestock and with the support of the World Bank, has injected Sh519 million into Kenya’s Arid and Semi-Arid Lands (ASALs). The DRIVE Program targets more…

14 May 2025 - In this Newsletter, we are covering the Knight Frank report, Aliko Dangote's purchase of Kenya's oldest tourism company, Nelson Amenya’s latest airport scandal, and President William Ruto's extended business talks with China.

14 May 2025 - MAY 14 – President Donald Trump has said the US has “no stronger partner” than Saudi Arabia during his first major foreign trip – a whirlwind visit of Gulf countries mainly focused on shoring up investment. Speaking in Riyadh, the US president also…

14 May 2025 - Growth in GDP per capita often corresponds to an increase in individual income and consumption. This implies that, on average, people in the country are better off than they were the previous year. Another layer to GDP per capita is the GDP per capita…

14 May 2025 - NAIROBI, May 14 (Xinhua) — Aviation industry leaders from around the world on Tuesday met in Nairobi, Kenya’s capital, to discuss ways to improve collaboration, safety, and operational efficiency in the air transport sector. The three-day International…

14 May 2025 - South Africa’s workforce contracted in the first quarter of 2025, as unemployment continued to climb, heightening economic concerns. According to Statistics South Africa’s latest Quarterly Labour Force Survey (QLFS), the number of unemployed persons…

14 May 2025 - Pool of high-net-worth individuals dropped by 10pc as investors moved wealth abroad.

14 May 2025 - As Kenya is on the equator, we have fierce sunlight, which generally lighter colours will reflect more and absorb less.

14 May 2025 - Government’s move to revive the sugar sector faces resistance as stakeholders claim they were sidelined.

14 May 2025 - French energy major TotalEnergies has announced plans to begin offshore drilling in South Africa next year, contingent on receiving the required regulatory approvals.

14 May 2025 - Nigeria’s Dangote Oil Refinery has reportedly cancelled planned maintenance on its 204,000 barrels-per-day gasoline-producing unit for June.

14 May 2025 - Their ability to thrive on minimal resources makes them an ideal investment in areas frequently hit by drought and food scarcity.

14 May 2025 - Norwegian fintech firm Wakandi has launched a capital raise of Ksh6.5 billion (USD 50 million) to fast-track the digitisation of Savings and Credit Cooperatives (SACCOS) and cooperatives across Africa, with Kenya at the heart of its expansion strategy

14 May 2025 - Norwegian fintech firm Wakandi has launched a capital raise of Ksh2 billion (USD 15 million) to fast-track the digitisation of Savings and Credit Cooperatives (SACCOS) and cooperatives across Africa, with Kenya at the heart of its expansion strategy.

13 May 2025 - Kenyans are consuming more illegal alcohol than ever before, with illicit drinks now accounting for 60 percent of all alcohol sold in the country.

13 May 2025 - Absa Bank has officially launched its custody services in Kenya, marking its third market for the business after South Africa and Mauritius.

13 May 2025 - Pollman’s is Kenya’s most established and respected tour operator, boasting a fleet of over 200 custom-designed vehicles tailored for the region’s diverse terrains.

13 May 2025 - →

13 May 2025 - Knight Frank reckons that the deadly protests against the 2024 Finance Bill prompted some investors to shift part of their wealth offshore.

13 May 2025 - The World Bank estimates that for Nigeria to achieve its ambition of becoming a $1 trillion economy by 2030, it would need to grow five times faster than its current pace. Nigeria’s economy expanded by 4.6% year-on-year in the final quarter of 2024,…

13 May 2025 - Theology is no longer viewed solely as a route to the pulpit. Instead, it is emerging as a foundation course for careers in boardrooms, classrooms, and community activism.

13 May 2025 - Tullow had targeted to start production of oil last year, but the plan derailed due to delays in getting regulatory nod for the field development plan (FDP).

13 May 2025 - The NHIF has since been replaced by Social Health Insurance Fund (SHIF) although a case challenging the replacement is pending in court.

13 May 2025 - Topline The White House announced it has lowered the tariff rate charged for small and low-value packages shipped from China from 120% to 54%—which could provide some relief to e-commerce platforms like Shein, Temu and AliExpress—after the two countries…

13 May 2025 - Besides the public, corporates have also opposed higher taxes, citing shrinking margins that limit their ability to grow, expand, and employ more people.

13 May 2025 - The rise in illicit alcohol use aligns with higher excise taxes that have made legal drinks unaffordable for many low-income households.

13 May 2025 - The rise in illicit alcohol use aligns with higher excise taxes that have made legal drinks unaffordable for many low-income households.

13 May 2025 - In addition to the credit line, EIB Global has also committed to provide Family Bank with technical assistance to enhance its gender strategy and product offering,

13 May 2025 - NAIROBI, Kenya, May 13 – The changing skyline of Mukuru informal settlement in Embakasi South, Nairobi, signifies more than just transformation. It is about survival. It is about healing. It is about finally reclaiming dignity and peace of mind after…

13 May 2025 - NCBA says the disclosed stakes of the directors covers their direct or indirect beneficial interest in the firm.

13 May 2025 - The proposed Finance Bill 2025, is a move away from previous new revenue measures as it is expected to yield only Sh25 to Sh30 billion in new receipts.

13 May 2025 - Sub-Saharan African countries are also showing a unique trend in buying luxury beauty items, in that a majority of their luxury purchasers shop for fragrances, which are outselling luxury...

13 May 2025 - Starting with a $38 computer, they amassed over 50,000 downloads in the first five months. Where there is a will, there is a way, even if it’s inalittle village in South Africa’s Limpopo province. Childhood friends Shibambu Mikhongelo Marvel (22) and…

13 May 2025 - We will gain enduring prosperity if our leaders champion policies that marry practical training with robust liberal learning across Kenya’s county.

13 May 2025 - The federation would become Africa’s most populous country with 302.2 million people.