Business

07 May 2025 - The Competition Authority of Kenya (CAK) has unconditionally approved the proposed acquisition of the entire shareholding in Pollman’s Tours and Safaris by Africa Travel Investments.

07 May 2025 - The U.S. National Transportation Safety Board (NTSB), the federal agency responsible for investigating civil transportation accidents, has released its report on the helicopter crash that claimed the lives of Nigerian billionaire Herbert Wigwe, his…

07 May 2025 - According to the survey, which covers 2024, employees who work in extraterritorial organisations such as the United Nations maintain the top position.

07 May 2025 - Ghana in its last fiscal month experienced some economic relief thanks to its growing currency strength. The Ghanaian Cedi in the period under review aided in lowering importation costs.

07 May 2025 - NAIROBI, Kenya, May 7 — At least 89 jobseekers from Bobasi Constituency are still awaiting placement in foreign jobs months after being shortlisted under a government-backed labour migration programme, Labour Cabinet Secretary Alfred Mutua has said.…

07 May 2025 - MAY 7 – The firm behind the Pegasus spyware has been ordered to pay WhatsApp $167m (£125m) for hacking 1,400 people in 2019. Pegasus is malicious software which can be installed remotely on mobile phones to access, among other things, people’s…

07 May 2025 - Airfares within the West African sub-region remain the most expensive in the world, according to Mr Sédiko Douka, ECOWAS Commissioner for Infrastructure, Energy and Digitalisation. He also highlighted that air travel within West Africa accounts for less…

07 May 2025 - TOKYO, May 7 (Xinhua) — The number of applications for public assistance across Japan rose to 19,078 in February, marking a 3.6-percent increase compared to the same month last year, official data showed Wednesday. This marks the second consecutive…

07 May 2025 - Kenyans face fewer job opportunities, as the country records its slowest economic growth since 2020, when the COVID-19 pandemic hit.

07 May 2025 - The National Treasury is slashing the three per cent levy on digital assets trade introduced in 2023 by half to 1.5 per cent in the 2025 Finance Bill.

07 May 2025 - NAIROBI, Kenya, Apr 7 – Kenyan professionals are increasingly prioritizing investments and long-term financial goals over short-term spending as bonus season kicks in, a new report by Standard Chartered Kenya shows. The 2025 Bonus Sentiment Report,…

07 May 2025 - MAY 7 – US and Chinese officials are set to start talks this week to try to deescalate a trade war between the world’s two biggest economies. Chinese Vice Premier He Lifeng will attend the talks in Switzerland from 9 to 12 May, China’s Ministry of…

07 May 2025 - A wave of concern is sweeping parts of the Catholic world following reports that one of Africa’s most senior cardinals may miss the next papal election.

07 May 2025 - Topline India launched missile strikes in Pakistan early on Wednesday, two weeks after it accused Pakistan of being involved in a terrorist attack on the tourist town of Pahalgam that killed over two dozen people. Key Facts The Indian Ministry of…

07 May 2025 - I earn Ksh150,000, and I'm currently servicing a loan of Ksh3.1 million. Should I take another loan of Ksh6 million, pay off the entire debt, and invest the difference? A financial expert offers advice.

07 May 2025 - Kenya is among top beneficiaries of the preferential trade scheme with the US.

07 May 2025 - NAIROBI, Kenya — NIRAS Africa, in partnership with the Ministry of Industrialization, Trade and Enterprise Development, has officially concluded its landmark “Kia to 50” program—an initiative that has empowered high-potential SMEs to scale innovation,…

07 May 2025 - China has significantly expanded its military presence and influence in Africa over the past two decades, and has recently signed a deal to establish a military hardware production facility in Nigeria, further strengthening its strategic ties with the…

07 May 2025 - MAY 7 – The European Commission has published a “roadmap” outlining its plans to end Europe’s reliance on Russian energy in the coming years. Under the plans, imports of all Russian gas and liquefied natural gas to European Union member states will be…

07 May 2025 - When the blockage is cleared, all the parked cars should leave in the order in which they arrived.

07 May 2025 - NAIROBI, May 7 (Xinhua) — Kenya’s economy grew by 4.7 percent in 2024, down from 5.7 percent in 2023, a government official said on Tuesday. Macdonald Obudho, director general of the Kenya National Bureau of Statistics (KNBS), told journalists in the…

07 May 2025 - MAY 7 – The UK and India have agreed a trade deal that will make it easier for UK firms to export whisky, cars and other products to India, and cut taxes on India’s clothing and footwear exports. The British government said the “landmark” agreement,…

07 May 2025 - In this newsletter, we’re covering the creation of 782,000 new jobs, the sectors employing the most people, and Treasury CS John Mbadi’s explanation on why the removal of zero-rated products was necessary.

07 May 2025 - The country's GDP grew by 4.7 per cent compared to 5.7 per cent the previous year.

07 May 2025 - Salaried workers continued to feel the pinch of a slowing economy as real wages fell for a fifth straight year.

07 May 2025 - Egypt and China have wrapped up a joint air force exercise, “Eagles of Civilization 2025”, a drill that carries both strategic weight and symbolic meaning for both countries.

07 May 2025 - Ghana’s banking sector continues to grapple with a growing wave of fraudulent activity, with 155 employees dismissed in 2024 for their involvement in fraud.

06 May 2025 - Over 70% of Kenyans expect to receive at least two performance bonuses in 2025, with a significant number opting to channel their windfalls into wealth-building avenues such as investments, savings, and property acquisition.

06 May 2025 - About 782,300 new jobs were created last year, down from 848,100 new hires a year earlier, KNBS data says.

06 May 2025 - Across 2024, Kenyan firms slowed down the hiring of workers and froze pay rises, citing the reduced demand for goods and services amid biting cashflow problems.

06 May 2025 - In the public sector, the top paying jobs were in the accommodation and food services (Sh249,864), transportation and storage (Sh217,737) and financial services sectors at Sh190,653.

06 May 2025 - Glitz and glamor took centerstage as fashion moguls and style devotees descended for the latest instalment of the South African Fashion Week (SAFW) SS25 in Johannesburg. For three nights in late April at The Forum Hyde Park, African fashion was…

06 May 2025 - Kebs invited bids in January for the tender prequalification of Pre–export Verification of Conformity (PVoC) to standards for the year 2025-2028.

06 May 2025 - Topline Ferrari on Tuesday said tariffs imposed by the U.S. pose a potential risk to the luxury car maker’s profitability, becoming the latest company to warn about a hit to earnings or cut financial forecasts as many cite market uncertainty aggravated…

06 May 2025 - LinkedIn has long been seen as the essential professional passport, with a strong profile, headline, and key connections unlocking career opportunities.

06 May 2025 - Spooked by a steep fee increase at Maasai Mara last year, Kenyans flocked to the park that has Instagrammable backdrops of Mt Kilimanjaro.

06 May 2025 - The Agoa treaty was initially intended to last for 15 years from 2000 before being extended for 10 years in June 2015.

06 May 2025 - Controller of Budget (CoB) indicates the counties spent Sh38.69 billion on salaries, wages and allowances in the three months ended last September out of the available Sh55.68 billion.

06 May 2025 - New purchases of motorcycles for business and personal use have fallen sharply in the last four years on the back of rising taxation and fuel prices.

06 May 2025 - Bata sued in December 2017 stating that they were the designer and owner of school shoes manufactured, sold, and advertised under the trademark ‘Toughees’ for the last 15 years.

06 May 2025 - The taxman is banking on the longer storage of CCTV footage to nab more corrupt officials and smugglers.

06 May 2025 - When the Consumer Price Index (CPI) sees a significant shift, notably an increase, it causes ripples throughout a country's economy. For African countries, much like everywhere else, this inevitably affects the cost of goods and services.

06 May 2025 - The line between investing and gambling is increasingly blurred, but true investments rely on solid business models, regulation, and transparent risk.

06 May 2025 - Data shows that family planning injections remained the most popular method of contraception.

06 May 2025 - As a result of the United Arab Emirates’ alleged support for the Rapid Support Forces, Sudan has said it would cut ties with the Middle Eastern country.

06 May 2025 - The Bank of Ghana has revealed that the country’s gold reserves have reached an estimated value of GH₵46.3 billion as of the end of April 2025. This follows a surge in gold prices, which rose to GH₵46,086.32 per ounce, according to the central bank’s…

06 May 2025 - Mangiti and his co-accused had been charged with conspiring to steal Sh47.6 million from the NYS through irregular purchase of training materials for the service personnel in 2015.

06 May 2025 - The Minister of Labour and Social Affairs of the Federal Government of Somalia, Honourable Yusuf Mohamed Adan, held a high-level bilateral meeting on Monday with His Excellency Dr Abdullah bin Nasser Abuthnain, Deputy Minister for Human Resources and…

06 May 2025 - Only one percent of those surveyed said they are expecting a bonus of above Sh900,000 this year down from 15 percent of respondents in 2024.

06 May 2025 - The Trump administration’s protectionist turn is rooted in an outdated economic playbook. Tariffs, essentially taxes on imports, are a blunt instrument in today’s globalised world.