Business

12 March 2025 - Nairobi ranked 12th globally in luxury home price growth after prices of prime residential properties rose by 8.3% . The Commission for University Education has blacklisted 15 universities and colleges for operating illegally and warned that…

12 March 2025 - Saccos have become popular among Kenyans seeking high, yet steady, returns from savings and capital investments. From Mid-January, Saccos across the country started releasing their financial reports for the year ended December 31st 2024. The reports…

12 March 2025 - Before the market stutters, Egypt and Germany are presently discussing the storage of liquefied natural gas (LNG).

12 March 2025 - WASHINGTON, March 12 (Xinhua) — The U.S. House of Representatives passed a bill on Tuesday to avert a partial government shutdown starting this weekend by funding federal agencies through September. The bill was passed by the Republican-controlled…

12 March 2025 - NAIROBI, Kenya, Mar 12 – Cabinet has approved a set of new initiatives aimed at enhancing the tourism sector, focusing on improving competitiveness, sustainability, and attracting more international visitors.  This includes scaling up eco-tourism,…

12 March 2025 - The government of Ghana has earmarked GH₵1.5 billion to enhance agricultural modernisation and ensure food security under the 'Feed Ghana' initiative. This investment aims to increase local food production, minimise imports, and stabilise food prices…

12 March 2025 - Africa’s largest refinery, the $20 billion Dangote Petroleum Refinery, is sourcing crude oil from international suppliers to supplement its domestic deliveries as it continues to scale up operations.

12 March 2025 - If there was to be a law about what to wear (or not wear) on your feet when driving, the flip-flop would be a more worthy target for prohibition than a bare foot.

12 March 2025 - Just weeks after Zimbabwe announced plans to launch its 3rd satellite, Ethiopia has followed suit as it readies itself to send its third satellite to space.

12 March 2025 - SINGAPORE, March 12 (Xinhua) — Singapore’s authorities have issued a warning about scams involving artificial intelligence (AI)-powered digital manipulation, where fraudsters use synthetic media to impersonate high-ranking executives and deceive…

12 March 2025 - NAIROBI, Kenya, March 12 – The liquidator of the troubled Awe Diaspora Savings and Credit Co-operative Society Limited has issued an official notice regarding the admission of claims. Susan Ong’ondi, who was appointed as the liquidator, has set May 5…

12 March 2025 - More salaried Kenyans are turning to side hustles as economic pressures and rising debts push them to seek supplemental income, according to a new consumer survey, with nearly three–quarters choosing to cut back on non-essentials.

12 March 2025 - Topline Even the world’s richest man has bad days, as Elon Musk faced a litany of headaches to start the week Monday—including the crash of his social media site, an 11-figure drop in his net worth as his primary venture Tesla faced brutal losses,…

12 March 2025 - MAR 12 – Global sales of smartwatches have fallen for the first time, new figures indicate, in large part due to a sharp decline in the popularity of market leader, Apple. Market research firm Counterpoint says 7% fewer of the devices were shipped in…

12 March 2025 - NAIROBI, March 12 (Xinhua) — Kenya Wildlife Service (KWS) on Tuesday launched a wildlife restocking initiative to introduce new species at a coastal biodiversity hotspot. The reintroduction of majestic species at Shimba Hills National Reserve, located…

12 March 2025 - NAIROBI, March 12 (Xinhua) — Kenya Wildlife Service (KWS) on Tuesday launched a wildlife restocking initiative to introduce new species at a coastal biodiversity hotspot. The reintroduction of majestic species at Shimba Hills National Reserve, located…

12 March 2025 - The term "adulterated" refers to the usually deliberate mixing of different types of fuel - usually the addition of kerosene.

12 March 2025 - This is even as most of them still have dependents to look after in their sunset years.

11 March 2025 - Through Kante, Afrobeats, and his memories of Nigeria, King Charles III underscored music’s power to unite cultures. King Charles III shared a personal connection to Kante, a song by Nigerian Afrobeats star Davido featuring Fave, recalling how it…

11 March 2025 - Nairobi trailed Mexico, Aspen and Mustique last year when the rival cities posted price gains of 8.9 percent, 8.9 percent and 8.8 percent respectively.

11 March 2025 - Bankers reckon that they will pass on the additional costs to consumers in the form of costly loans, which will trigger repercussions across the economy.

11 March 2025 - Ghana’s Finance Minister, Dr Cassiel Ato Forson, has announced the government’s decision to abolish several so-called “nuisance” taxes in the coming days.

11 March 2025 - Parliamentary Budget Office (PBO) says the unchecked rise in salaries paid by counties against limited resources they have been getting from the national government is a fiscal risk.

11 March 2025 - Low inflation, stable exchange rate and decreasing interest rates point to more favourable economic conditions.

11 March 2025 - The pile-up in non-remitted pensions comes in an environment characterised by low savings with the pension coverage standing at just 26 percent.

11 March 2025 - According to Wachogi, the most rewarding aspect of his career is how dogs are non-racial and the remuneration.

11 March 2025 - It also remains unclear if the deal price will be sufficient to leave something for the shareholders.

11 March 2025 - Many Kenyans proclaim that even with health insurance coverage, they still feel unprotected against catastrophe.

11 March 2025 - Absa bank boasts a 51% female workforce, with 47% in senior leadership and at the board level.

11 March 2025 - Johannesburg, also known as "Jozi" or "Joburg," boasts 12,300 millionaires, 25 cent millionaires (with a net worth of at least $100 million), and 2 billionaires.

11 March 2025 - The dispute between KBL and KRA began from a tax assessment issued in March 2021, in which KRA demanded payment of Sh668 million in excise duty and value-added tax (VAT).

11 March 2025 - In the secondary market, bonds are usually sold at a premium or discount of their face value—which is the actual value or cost of the bond at its first issue.

11 March 2025 - Key Facts The ceasefire can be extended if Ukraine and Russia agree to additional terms, the statement said, noting Russia has not yet accepted the ceasefire deal. The U.S. will immediately remove its pause on intelligence sharing and security…

11 March 2025 - By blocking members from accessing retirement savings before age 50, the RBA wants pension benefits to only be utilised after reaching the allowable retirement age.

11 March 2025 - Kenya faces a growing cancer burden, with approximately 47,000 new cases and 32,000 deaths each year, according to the Kenya National Cancer Registry.

11 March 2025 - Economic progress and development in African countries continue to be impeded in the absence of women's active engagement.

11 March 2025 - RBA data shows unremitted pension contributions rose by 12.3 percent to Sh47.16 billion in the year ended June 2024.

11 March 2025 - NAIROBI, Kenya, Mar 11 – HEVA Fund has announced a $5 million investment in the creative industry through two newly launched financial products, Ota Kopa and Ota Kopa Plus, aimed at increasing financial access for creative entrepreneurs. In…

11 March 2025 - NAIROBI, Kenya, Mar 11 – The Controller of Budget (CoB), Margaret Nyakang’o, has warned that critical government oversight functions risk being crippled due to severe funding shortfalls. One of the most affected areas is the automation of financial…

11 March 2025 - The Ghanaian government has introduced incentives for businesses willing to adopt the 24-hour economy initiative.

11 March 2025 - BERLIN, March 11 (Xinhua) — Operations at 13 major German airports resumed on Tuesday following a large-scale strike that had disrupted air travel across the country. While flights have restarted, terminals remain crowded as airlines work to clear…

11 March 2025 - NAIROBI, Kenya, Mar 11 – Expansion of the Rironi-Mau Summit Road will start this June after the Cabinet approved the widening of the single-way carriageway to a four-lane dual highway. The 170-kilometer project, which will take 24 months to be…

11 March 2025 - Data commissioner says Whitepath remained unresponsive after claims were levelled, prompting her to conclude that the complaint remained undisputed.

11 March 2025 - Kenya and the UK have joined forces to hold a three-day workshop for Kenyan officials to improve regulations that underpin the running of businesses in Kenya.

11 March 2025 - According to WHO, one out of six women around the world go through this pain, with factors such as lifestyle changes and delayed family planning contributing to their infertility.

11 March 2025 - Many small businesses across Africa still face challenges in integrating efficient payment solutions, limiting their ability to scale, improve cash flow, and meet evolving customer expectations.

11 March 2025 - MAR 11 – An Albanian national who travelled to the UK illegally has told the BBC how his life became “unbearable” after he ended up working on a cannabis farm. Gzim, who wished to remain anonymous, was one of more than 12,600 Albanians who made the…

11 March 2025 - NAIROBI, Kenya, Mar 11 – Commuter service operator CBS Sacco has entered a deal with KCB Bank Kenya to finance the acquisition of 150 new buses at Sh8 billion. Additional passenger service vehicles will enable the firm to expand its transport services…

11 March 2025 - In Africa, Seychelles holds the title as the continent’s least stressed country, ranking 57th globally with a stress score of 71.48.

11 March 2025 - Africa's retail sector is undergoing a remarkable transformation, with the rise of mega shopping malls redefining urban landscapes.