16 June 2025
- Egypt is racing to secure alternative fuel supplies in a bid to prevent power outages after tensions between Iran and Israel disrupted natural gas flows.
16 June 2025
- Uganda’s Permanent Secretary/Secretary to the Treasury, Ministry of Finance, Planning and Economic Development, highlights the ministry’s role in shaping policies, managing finances, and achieving macroeconomic stability. “Uganda has reformed its legal…
16 June 2025
- By Njeri Jomo JUNE 16 – We often think of healthcare as something we turn to when we are unwell. A service we access, a system we rely on. Yet for many Kenyan households, healthcare is something far more precarious: a financial cliff. A single illness…
16 June 2025
- NAIROBI, Kenya, Jun 16 – Bybit, a global cryptocurrency exchange, has stepped up its platform security and user protection efforts to curb fraud. Wilson Ogheneovo, the Regional Manager for Bybit in Africa, revealed the company is rolling out enhanced…
16 June 2025
- NAIROBI, Kenya, June 16 – Access Bank, Cambridge University Press, Kenyatta University Teaching and Referral Hospital, Serena Hotel, DHL, Bowmans, G4S, the Marketing Society of Kenya, Hair Manufacturing, Sai Office Supplies, and Orpower are among…
16 June 2025
- The Egyptian General Petroleum Corporation (EGPC) has announced a new oil and gas discovery in the Abu Sennan brownfield in Egypt’s Western Desert.
16 June 2025
- The United Nations Office for the Coordination of Humanitarian Affairs (UN-OCHA) has announced a drastic reduction in its global aid operations, citing what it described as "brutal" budget cuts.
16 June 2025
- NAIROBI, Kenya, June 16 – Owners of luxury vehicles in Kenya are increasingly opting for aftersales services from Original Equipment Manufacturer (OEM)-approved dealerships to maintain vehicle performance, safety standards, and long-term value. Firms…
16 June 2025
- NAIROBI, Kenya Jun 16 – Africa’s young agri-tech innovators are set to converge in Kampala, Uganda for the Agriculture, Youth, and Technology (AYuTe) NextGen 2025 Conference, scheduled to take place from June 17 to 19. The three-day summit, organized…
16 June 2025
- Given the proximity of the Kenyan presidential elections, campaign banter between potential rivals has begun making rounds, including sentiments from the country’s current president, William Ruto.
16 June 2025
- NAIROBI, Kenya, June 16 – Del Monte Kenya Limited has joined the United Nations Global Compact to champion corporate sustainability initiatives. The network comprises 23,000 companies and 4,000 non-business participants dedicated to building a more…
16 June 2025
- JUNE 16 – Israel’s strikes on Iran, and Iran’s response, initially caused an shudder on global financial markets. The price of oil in particular surged, but after a weekend of missile and drone strikes between the two countries the cost of crude has…
16 June 2025
- NAIROBI, Kenya, June 16 – Centum Re has received Sh2.6 billion from the International Finance Corporation (IFC) for the construction of nearly 2,000 affordable houses at the Two Rivers Development. The fund from the World Bank’s lending arm, which will…
16 June 2025
- Experts have raised concerns over the financial strains critical sectors are set to face under the new budget estimates for the 2025/26 financial year.
16 June 2025
- Among the country’s sporting giants and like rugby’s World Cup-winning Siya Kolisi, South African cricketer Temba Bavuma is now a massive role model. This writer was at Lord’s to witness the historic moment. Temba Bavuma’s personal journey, overcoming…
16 June 2025
- JUNE 16 – In a corner of Kentucky just outside of Louisville, family-owned shoe company Keen is opening a new factory this month. The move fits neatly into the “America First” economic vision championed by the Trump administration – an emblem of hope…
16 June 2025
- NAIROBI, Kenya, June 16 – Agribusiness firm Kakuzi plans to spend over Sh1.2 billion for commercial and social impact projects. The funds will be used to expand agricultural production and value-added ventures for macadamia, avocado, livestock, and…
16 June 2025
- CALGARY, Canada, June 16 (Xinhua) — Hundreds of protesters took to the streets in downtown Calgary on Sunday as the Group of Seven (G7) leaders arrived in the city on their way to the two-day summit in Kananaskis in the province of Alberta. The…
16 June 2025
- NAIROBI, Kenya, June 16 – Kenya’s mini-grid solar operators are beginning to earn new revenue from their clean energy production through the sale of Renewable Energy Certificates (RECs), thanks to a platform known as Africa Renewables Katalyst (ARK).…
16 June 2025
- Ghana’s cedi, which briefly held the title of Africa’s best-performing currency in early June 2025, has hit a major stumbling block amid surging demand for U.S. dollars and a sharp decline in physical dollar liquidity at local banks.
16 June 2025
- Note: Cooking oil recorded a drop in price, with the cheapest 2-litre retailing at Ksh281 from Ksh299 last week, as milk drops to Ksh40 per 500ml packet. Every Monday, we publish the prices of 4 basic goods across four supermarkets in Nairobi.
16 June 2025
- JUNE 16 – Leonard Lauder, the businessman who built Estee Lauder into one of the world’s biggest cosmetic makers, has died aged 92. Lauder joined his parents’ company in 1958 and served as chief executive for 17 years. He was an accomplished dealmaker…
16 June 2025
- NAIROBI, Kenya, June 16 – More than 100,000 small businesses across the country will benefit from a Sh5 billion grant to boost the enterprises, President William Ruto has announced. The President said the government, in partnership with the World Bank…
16 June 2025
- Given the increase in the global average fuel price in June 2025, rising from $1.25 to $1.27 per liter), several African countries have followed suit as they continue to face high fuel costs.
16 June 2025
- Hello and welcome to the Money News Roundup Newsletter. Today, we’re covering the Quality Healthcare and Patient Safety Bill 2025, increased fuel prices, and the former KRA chair snapping up a Ksh1.6 billion stake in a major financial solutions…
16 June 2025
- Global energy management and automation giant Schneider Electric is marking ten years since it began operations in Kenya, highlighting its contributions to sustainable energy, digital infrastructure, and technical skills development.
15 June 2025
- The Middle East for the last few years has been no stranger to missile strikes, as tensions in the region continue to escalate with no real end in sight. The effects of these hostilities have unfortunately found their way into Africa, particularly…
15 June 2025
- As tensions between Israel and Iran reached dangerous new heights this past week, and continued into the early hours of a new week, African countries are speaking out, reflecting the continent’s diverse geopolitical stances yet unified in a call for…
15 June 2025
- HF is the top performing bank at the Nairobi bourse, having gained 64.3 percent over the past six months to Sh6.72, ahead of Cooperative Bank (24.1 percent), Absa Group (22.7 percent) and Stanbic...
15 June 2025
- Dangote Petroleum Refinery has announced a major fuel distribution initiative set to begin on August 15, 2025, aimed at transforming Nigeria’s downstream petroleum sector.
15 June 2025
- KQ says the payment debts owed to local banks, the State and external financiers are hinged on the infusion of funding into the business.
15 June 2025
- Denmark is rolling out a new education-focused strategy aimed at attracting more African students to its universities, similar to its western counterparts, as part of a broader plan to foster stronger continental ties and expand its global influence.
15 June 2025
- East Africa is growing fastest in Africa at 5.9 percent. Ethiopia, Rwanda, Djibouti, Uganda and Tanzania lead growth. Kenya is relegated.
15 June 2025
- BasiGo is among the most advanced in the carbon finance space, with plans to begin trading verified carbon credits by the end of the next quarter.
15 June 2025
- The country was grey-listed in February 2024 by the Financial Action Task Force —a global anti-money laundering and terrorism financing watchdog —which cited shortcomings in the country’s...
15 June 2025
- The targeted properties are a parcel of land in Mavoko and two motor vehicles, which ARA alleged were acquired using funds generated from dealing or trading in narcotics substances.
15 June 2025
- South Africa has officially begun withdrawing its troops from the Democratic Republic of Congo (DRC), with the first group of soldiers having arrived in Pretoria last Friday night.
15 June 2025
- The budget cut comes at a time when Kenya continues to rank among the top 15 high-burden countries globally for both HIV and tuberculosis.
15 June 2025
- Kenya has over the years struggled to sustainably narrow the goods trade deficit, partly due to reliance on traditional farm produce exports such as tea, horticulture, and coffee which are...
15 June 2025
- The Federal Government of Nigeria has condemned the recent preemptive military strike carried out by Israel on Iran, describing the action as a dangerous escalation in an already volatile region.
15 June 2025
- Industry leaders are calling for urgent, coordinated action from the Ministry of Transport, Kenya Airways, and other regulators. Without decisive steps, the sector may face more farm closures...
15 June 2025
- US philanthropist and Microsoft co-founder Bill Gates has commended the Sahel nations of Burkina Faso, Mali, and Niger for maintaining stable healthcare systems despite military rule while urging Nigeria, particularly its northern states, to urgently…
15 June 2025
- Organisations must map out their specific scope 3 value chain activities to calculate their emissions. The measurement process relies heavily on data sharing across the value chain, including...
