Business

13 March 2025 - 'I don’t think you are ever too young to start thinking about your future from a financial safety perspective.'

13 March 2025 - According to the timetable, rehearsals will commence on October 17, 2025, before the candidates undertake the oral papers from October 21, 2025.

13 March 2025 - In February 2025, Cirium's On-Time Performance Report highlighted the exceptional punctuality of several global airlines, with five carriers achieving an on-time performance (OTP) exceeding 90%.

13 March 2025 - When the project bonds were introduced in February 2009, their proceeds were tied to specific development projects within the budget, in order to allow monitoring of the projects to completion.

13 March 2025 - An analysis from a hospital shows that in the last one year, the number of men who visited their facility for sexual health consultation nearly doubled.

13 March 2025 - South Africans have responded to the implications of the budget speech while experts have noted the balance between fiscal consolidation and economic growth, though risks remain. South Africa’s Finance Minister Enoch Godongwana delivered the country’s…

13 March 2025 - NAIROBI, Kenya, Mar 13 – IWG, a global provider of flexible workspace solutions, has partnered with Karsan Ramji (Ndovu Cement) to launch its first co-working space on Mombasa Road at the prestigious Purple Tower. The collaboration initiates IWG’s…

13 March 2025 - Justice Josephine Mong’are said the company should deposit the amount as a condition for allowing Old Mutual to sell UAP Tower.

13 March 2025 - According to the 2024 World Press Freedom Index released by Reporters Without Borders (RSF), several African nations have made notable strides in ensuring journalistic freedom, transparency, and safety for media professionals.

13 March 2025 - The Southern African Development Community (SADC) has announced an end to the mandate of its military deployment in the Democratic Republic of Congo (DRC) and will begin a gradual withdrawal of troops.

13 March 2025 - In a land where private equity (PE) is a large and thriving industry, why do some businesses choose to exit via Berkshire? How different is PE from Berkshire Hathaway?

13 March 2025 - Will Trump’s tariffs and his assault on the federal government lead to a deeper crash, or even a recession? Market experts advise long-term investors and 401(k) holders to sit tight. While the last three weeks have been punishing for the stock market…

13 March 2025 - Botswana and Liberia have made progress in protecting civic freedoms, but the situation has worsened in Burkina Faso, Eswatini, Ethiopia, and Kenya.

13 March 2025 - NAIROBI, Kenya, Mar 13 – National Bank of Kenya (NBK) has reported a new profit of Sh1.06 billion for the full year of 2025, a bounce back from a loss of Sh3.3 after-tax loss recorded during a similar period last year. Revenue growth was driven by…

13 March 2025 - VIENNA, March 13 (Xinhua) — The Organization of the Petroleum Exporting Countries (OPEC) has announced that its previous forecasts for global oil demand growth in 2025 and 2026 remain unchanged. In its monthly oil market report released on Wednesday,…

13 March 2025 - Women now outnumber men at the Kenya School of Law (KSL), marking a significant milestone in gender representation in legal education and profession.

13 March 2025 - The global arms trade remains a pivotal factor in international security dynamics, with numerous nations escalating their defence imports to bolster military capabilities.

13 March 2025 - NAIROBI, Kenya, Mar13 – Safaricom says it is keen on leveraging Artificial Intelligence (AI) to spur its customers experience. This is part of its ongoing transformation agenda anchored on sustaining digital transformation as a key player in the…

13 March 2025 - MPs were globetrotting and hopping to different corners of the country at a time when the government was struggling to pay for basic services.

13 March 2025 - Kibeclaims that Old Mutual has defrauded him of the investment he made between 2014 and 2015.

13 March 2025 - NAIROBI, Kenya, Mar 13 – Agriculture & Livestock Development Cabinet Secretary (CS) Mutahi Kagwe has directed the destruction of 27,518 bags of expired fertilizer stored in various National Cereals and Produce Board (NCPB) facilities across the…

13 March 2025 - Purchasing Power Parity (PPP) serves as a crucial economic metric that allows for the comparison of currency values by evaluating the cost of a standard basket of goods across different countries.

13 March 2025 - The net worth of one of Nigeria’s most enterprising individuals, Tony Elumelu, may have just crossed the billion-dollar threshold.

13 March 2025 - The relationship between Russia and the continent of Africa continues to blossom, as most indexes across the board indicate growth.

13 March 2025 - Recent events in the Nigerian oil market may lead to a major loss for Africa’s richest man, Aliko Dangote, whose refinery, the Dangote Refinery, is projected to lose a substantial amount.

13 March 2025 - MAR 13 – US President Donald Trump has pledged to impose more tariffs after his latest move to introduce import taxes on steel and aluminium entering the US prompted retaliation from the European Union (EU) and Canada. Trump said that “of course” he…

13 March 2025 - NAIROBI, Kenya, Mar 12 – Kenya’s economy is set for a steady expansion in 2025, with GDP projected to grow by 4.7 percent year over year, according to the latest Economic Outlook 2025 report by the Mastercard Economics Institute. This growth outpaces…

13 March 2025 - Oil marketing company Ola Energy has announced it is laying off an undisclosed number of workers in its Kenyan outfit as it restructures to boost profits and local market share over the next five years.

13 March 2025 - NAIROBI, Kenya, Mar 13 – Business ownership increased by 7 percentage points (pp) in 2025, while full-time employment — as the main source of income — declined by 5 pp year-on-year. According to Tala’s MoneyMarch 2025 report, Kenyans in both full-time…

13 March 2025 - By Tsvetina Chankova MAR 13 – The 12th Sankalp Africa Summit, held on Feb 26-27 in Nairobi, brought together a pivotal cohort of start-up innovators, investors, entrepreneurs and policymakers to accelerate the innovation needed to enhance Africa’s…

13 March 2025 - Lagos State has solidified its status as a leading economic force in Africa, with its Gross Domestic Product (GDP) reaching approximately $259.75 billion in 2023, based on purchasing power parity (PPP).

13 March 2025 - WASHINGTON, March 13 (Xinhua) — Senate Minority Leader Chuck Schumer, a Democrat from New York, said Wednesday that Democrats would oppose the stopgap government funding bill passed by the Republican-controlled House, raising uncertainty about whether…

13 March 2025 - NAIROBI Kenya, Mar 13 – The Kenya Revenue Authorities investigators have arrested 18 suspects in Eastleigh, Nairobi, for orchestrating a sophisticated cargo dumping scheme to evade taxes in a major crackdown on tax evasion. The operation, led by Kenya…

13 March 2025 - Motorists in Kenya are set to pay an additional Ksh7.80 per litre of petrol as EPRA plans to raise margins for oil marketers for the first time since 2018. Diesel and kerosene margins and transport costs will also go up by Ksh7.75 and Ksh7.67 per…

13 March 2025 - MAR 13 – With Donald Trump’s tit-for-tat tariffs on India looming next month, millions of Americans may have to brace for steeper medical bills. Last week, Indian Commerce Minister Piyush Goyal made an unscheduled trip to the US for discussions with…

13 March 2025 - NAIROBI, March 13 (Xinhua) — Kenya’s Ministry of Health announced Wednesday that it has developed a roadmap to strengthen domestic health financing as overseas support dwindles. Debra Barasa, cabinet secretary in the Ministry of Health, said the…

13 March 2025 - NAIROBI, Kenya, Mar 13 – The Capital Markets Authority (CMA) has clarified the status of Genghis Capital Limited, stating that the firm has not been placed under statutory management.  CMA, in a statement released, emphasized that the company is…

13 March 2025 - NAIROBI, Kenya, Mar 13 – The Competition Authority of Kenya (CAK) has approved the merger between Mobius Motors and Silver Box after a thorough evaluation of the proposed transaction.  The decision was made following a review of the parties’ financial…

13 March 2025 - Epra asked to fast-track onboarding of a strategic investor in the Turkana venture.

13 March 2025 - Given the conflict in the East African region between the Democratic Republic of Congo (DRC) and M23 rebels, the Southern African country of Angola has opted to intervene.

13 March 2025 - The Energy and Petroleum Regulatory Authority (EPRA) now says that it will soon introduce additional charges on pump prices.

12 March 2025 - Minister Enoch Godongwana says the decision to increase Value Added Tax (VAT) “was not made lightly” as proposal also includes no inflationary adjustments for personal income tax brackets. South Africa’s Finance Minister Enoch Godongwana delivered the…

12 March 2025 - Governments across Africa intensified efforts to silence dissent in 2024, leading to a record number of digital blackouts shutting down internet connections across the continent.

12 March 2025 - The fact that Africa has a shortage of clinical oncologists has been widely publicized. One international medical journal estimated that Nigeria, for example, has around 70 oncologists to serve a population of 213 million people. In South Africa – and…

12 March 2025 - Disclosures from the top 40 saccos by deposits show a 13.7 percent increase in dividends from the Sh41.34 billion surplus earnings that the co-operatives offered their members last year.

12 March 2025 - NAIROBI, Kenya, Mar 12 – Kenya today hosted the largest Artificial Intelligence (AI) conference in Africa, solidifying its status as the continent’s Silicon Savannah. This significant event, organised by Microsoft as part of its global AI Tour,…

12 March 2025 - Epra’s director-general said the authority has already gone through a preliminary analysis of the proposal, and hopes to conclude the approval process this month.

12 March 2025 - The cooperative’s first customers are its members. It also has a distribution outlet in Gatundu town that brews coffee for consumers.

12 March 2025 - This will bring the bank’s total shareholder payout to Sh3 a share.

12 March 2025 - To accelerate the achievement of the SDGs in Africa, a multipronged approach is essential, addressing both immediate challenges and long-term structural issues.