08 March 2024
- Although Financial Action Task Force insists that being named is not catastrophic, its influence on a country’s financial markets is significant.
07 March 2024
- Kenya and the United Kingdom (UK) have enjoyed a long-standing bilateral relationship. Trade between both countries has been very prevalent, given the fact that the UK is practically the largest market in the world, while Kenya has the largest economy…
07 March 2024
- In many African cultures, drinking is part of traditional rituals and ceremonies. While this is deeply rooted in cultural practices, it also contributes to a higher societal tolerance for alcohol consumption.
07 March 2024
- The board of directors of The Standard Group PLC has announced the appointment of Leonie Von Elverfeldt and Chris Otundo as independent non-executive directors with effect from March 6, 2024.
07 March 2024
- The CEO and Co-founder of Yemaachi, Yaw Bediako, along with a globally renowned interdisciplinary team of researchers, have received a prestigious Cancer Grand Challenges award, providing funding of up to $25 million over five years to advance…
07 March 2024
- Kenya's innovation and economic growth received a significant boost with the third consecutive launch of the South Korean-funded Economic Innovation Partnership Program at Konza Technopolis.
07 March 2024
- ISTANBUL, March 7 (Xinhua) — The U.S. dollar’s ascent against the Turkish lira continued on Thursday, leading to increased demand for the U.S. currency among Turkish citizens. The dollar was trading at 31.85 liras at 2 p.m. local time (1100 GMT),…
07 March 2024
- NAIROBI, Kenya, Mar 7 – The government is looking to hasten compensation for human-wildlife victims, coming at a time when survivors have been complaining of the lethargic process. Today, the Ministry of Tourism unveiled the National Human-Wildlife…
07 March 2024
- NAIROBI, Kenya, Mar 7 – Bamburi Cement has completed the sale of its 70 percent shares in Hima Cement Limited, a Ugandan cement company, to Sarrai Group Limited and Rwimi Holdings Limited. The sale comes after the Kenyan cement maker’s shareholders…
07 March 2024
- JAKARTA, March 7 (Xinhua) — Ngurah Rai International Airport in Indonesia’s resort island of Bali is set to close on Nyepi Day, or Bali’s Day of Silence, for 24 hours from 06:00 a.m. local time on March 11. “The airport will be closed, the lights will…
07 March 2024
- NAIROBI, Kenya, Mar 7 – The Kenya Revenue Authority’s (KRA’s) fight on illicit trade has netted goods worth Sh897.24 million in the current financial year (2023-2024) that would have otherwise been sold to unsuspecting Kenyans. The taxman says that…
07 March 2024
- NAIROBI, Kenya, Mar 7 – The civil society organization Pan African Climate Justice Alliance (PACJA) has faulted the current Green Climate Fund (GCF) model, noting that it has failed to take Africa into consideration. In a statement, the lobby group…
07 March 2024
- MOMBASA, Kenya, Mar 7 – The African Seed Trade Association (AFSTA) has said that seed technologies and tools play a pivotal role in enhancing seed systems and crop production globally. AFSTA stated that the availability of quality seeds is critical to…
07 March 2024
- Tullow Oil plc has announced its Full-Year Results for the year ended December 31, 2023. During the year, Tullow generated $170 million of free cash flow, ahead of expectations, and reduced net debt by over $250 million. Tullow also demonstrated its…
07 March 2024
- After finishing secondary education, there is usually a hiatus moment before transitioning to tertiary education. For many, the rather long break from education goes by without being utilised in a productive way. However, that break can be an…
07 March 2024
- Matthew Omondi claimed he was fired as head of operations after the company told him that he dispatched beverages that did not align with their guidelines.
07 March 2024
- Beautiful African cities represent the culture and heritage of a continent well known for its diversity and historical precedence. These cities serve as ambassadors of the continent's rich cultural heritage. From the busy and colorful marketplaces of…
07 March 2024
- Court battles, suspensions, stay orders, fresh brawls with worker unions and expedited parliamentary legislation to regularise the Housing Levy, KRAs U-turn on eTIMS fore small businesses and farmers, 16% return on a new bond, revocation of 2nd gen…
07 March 2024
- Under the Odi Mtaani initiative, Odibets, a leading betting company, has extended its Corporate Social Responsibility (CSR) efforts to Homabay County, providing clean water to Obengle Primary School through a borehole project. The event, which took…
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.