Business

23 April 2025 - Jasir Contractors struggled with cash flow challenges ahead of securing the housing tender in January, two court cases show.

23 April 2025 - Topline Meta’s oversight board criticized the company’s updated hateful conduct policies, which included a provision allowing users to describe LGBTQ people as mentally ill, among other controversial updates, urging the company to assess the “human…

23 April 2025 - KRA reckons that the exemption has slowed down its bid to rope the hard-to-get informal traders into the tax bracket, denying the government income.

23 April 2025 - The EACC has now written to the acting vice chancellor of the university asking her to appear before the commission for interrogation and recording of statements.

23 April 2025 - The construction sector faces an alarming influx of substandard materials, according to regulators.

23 April 2025 - BOC has been raising its dividend payouts in recent years, declaring a payout of Sh6.15 per share for the year to December 2024.

23 April 2025 - World demand for rare earth elements is estimated at 136,000 tonnes per year, with global production around 133,600 tonnes in 2010.

23 April 2025 - To maintain harmony, remuneration practices must align with the long-term vision of the business and the principles of fairness and meritocracy.

23 April 2025 - The upgrade also includes a new control tower.

23 April 2025 - Kenya has gone through several rate-setting regimes in the last decade, which include the rate cap, which replaced KBRR in January 2017 and was in turn succeeded by the risk-based pricing model...

23 April 2025 - The implementation of eTIMS offers numerous benefits for both the tax authority and businesses.

23 April 2025 - The IMF expects the Kenyan economy to grow at a slower pace of 4.81 percent compared to an earlier estimate in October, 2024.

23 April 2025 - Thanks to good old-fashioned delays, oscillations and the cyclical nature of just about everything, the idea of an optimum state and balanced equilibrium should be questioned.

23 April 2025 - Access to and production of natural gas in African countries may be a significant driver of economic growth, energy security, and industrial development. However, many African countries continue to generate little or no natural gas.

23 April 2025 - At the forefront of this transformation is the Aga Khan University Hospital (AKUH) in Nairobi, which has become a regional leader in subspecialty training.

23 April 2025 - Behind the thriving second-hand market is a parallel repair economy — carpenters, electricians, upholsterers, and technicians who breathe new life into old pieces.

23 April 2025 - The influx of migrants often fills critical labour shortages, helping to complement the skills of native workers.

23 April 2025 - The Supreme Court found that the 2009 allocation was unprocedural and hence illegal, and the title derived therefrom was consequently invalid.

23 April 2025 - The township economy in South Africa contributes almost 6% to the country’s GDP. At the epicenter of this growth are the innovation hubs, breaking the barriers for aspiring entrepreneurs and creating a new wave of economic transformation in…

23 April 2025 - This Earth Day 2025 marks 55 years since the first Earth Day in 1970—a powerful moment in history when millions of people stood up to say: enough is enough.

23 April 2025 - NAIROBI, April 23 (Xinhua) — Kenya’s Defence Ministry on Tuesday launched a training program for law enforcement agencies in detecting, reporting or foiling terrorism financing and money laundering. Supported by the Islamic Military Counter Terrorism…

23 April 2025 - APRIL 23 – US President Donald Trump has appeared to soften his recent comments on China and the head of the US Federal Reserve after recent clashes as he pursues his economic agenda. He said he has “no intention of firing” Jerome Powell after…

23 April 2025 - APRIL 23 – The European Union has ordered Apple and Meta to pay a combined €700m (£599m), in the first fines it has issued under recent legislation intended to curb the power of big tech. It has issued a €500m (£428m) fine to Apple over its App Store…

23 April 2025 - Rumors of U.S. embassy closures in Africa were dismissed after Senator Marco Rubio unveiled a major State Department reform plan.

23 April 2025 - CBEX claims that an impending audit by the UK government has delayed compensations.

23 April 2025 - IMF projects that Kenya’s GDP will grow by 4.8 percent in 2025.

23 April 2025 - Parliamentary committee says proposed automatic cost of living adjustment on pensions would burden an already strained Exchequer.

23 April 2025 - A court in Ivory Coast has disqualified leading presidential contender Tidjane Thiam over his dual nationality with France, removing him from the country’s electoral roll.

23 April 2025 - APRIL 23 – US President Donald Trump says he has “no intention of firing” Jerome Powell after repeatedly criticising the head of the Federal Reserve. But he added that he would like Powell to be “a little more active” when it comes to cutting interest…

23 April 2025 - NAIROBI, Kenya, April 23 – The Central Bank of Kenya (CBK) has issued a consultative paper seeking public input on the proposed review of the Risk-Based Credit Pricing Model (RBCPM), introduced in 2019 to address high lending rates and lack of…

23 April 2025 - Kenya has signed a multibillion-shilling agreement with China during President William Ruto’s visit to the economic powerhouse.

23 April 2025 - For African countries dealing with persistently large debt to the International Monetary Fund (IMF), the implications are especially severe.

23 April 2025 - Ethiopia has perfected plans to join the BRICS New Development Bank, making it the fourth African nation to become a member of the institution.

23 April 2025 - IMF projects that Kenya’s GDP will grow by 4.8 percent in 2025.

23 April 2025 - A coalition of e-hailing drivers in Nigeria's capital hub, Lagos, working on platforms such as Bolt, Uber, and Indrive, has indicated plans to halt services on May 1, 2025.

23 April 2025 - NAIROBI, Kenya April 23 – President William Ruto has overseen the signing of investment agreements worth nearly $1 billion, including the leasing of Nairobi’s Hilton and Intercontinental hotels to Chinese investors. The total value of the deals,…

23 April 2025 - President William Ruto called for leadership changes at the IMF and the World Bank, noting that some of their practices were archaic and the world order has since changed.

23 April 2025 - VLADIVOSTOK, April 23 (Xinhua) — Russia’s domestically developed SJ-100 regional jet, equipped with indigenous PD-8 engines, has completed its maiden flight in the Far Eastern city of Komsomolsk-on-Amur, state corporation Rostec announced Wednesday.…

23 April 2025 - NYERI, Kenya, April 23 – Thousands of small and medium-sized enterprises (SMEs) are poised for a major breakthrough under a new policy being formulated by the Micro and Small Enterprises Authority (MSEA) to support their growth from incubation to…

23 April 2025 - Motorists, including boda bodas and vehicles, risk paying a fine as high as Ksh20,000 should they not present their vehicles for emissions testing regularly.

23 April 2025 - Treasury CS John Mbadi announced that Kenya had signed the Ksh8.9 billion loan with the OPEC Fund, targeting 6 projects across the country.

23 April 2025 - APRIL 23 – The forecast for US economic growth for this year has been given the biggest downgrade among advanced economies by the International Monetary Fund (IMF) due to uncertainty caused by trade tariffs. Growth is now expected to be 1.8% this year…

23 April 2025 - BEIJING, April 23 (Xinhua) — Bilateral trade between China and Kenya reached a record high in the first quarter of the year, official data showed on Tuesday, demonstrating the deepening economic ties between the two countries. According to the General…

23 April 2025 - Procurement authority turns the heat on devolved units over thorny issue.

23 April 2025 - Kenya is set to overtake Ethiopia as East Africa’s largest economy in 2025, according to new projections from the International Monetary Fund (IMF).

22 April 2025 - All private vehicles, which are over five years old, will undergo emission tests once in every two years.

22 April 2025 - KRA reckons that capital gains tax (CGT) is paid upon transfer of the assets, and is therefore demanding a higher duty that took effect in 2023.

22 April 2025 - The State agency reckons it wants to stop the emerging practice where bidders seek mega contracts and ultimately sell them to third parties for a profit.

22 April 2025 - Among key proposals in the Bill is the insertion of a new Section 32A, which outlines a structured process for appointing teachers in acting capacities.

22 April 2025 - Kenya Union of Post-Primary Education Teachers (Kuppet) acting Secretary General Moses Nthurima asked for transparency in teacher promotions.