Business

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

22 April 2025 - Dealers will be required to invest more cash to meet the stringent rules as the government clamps down on middlemen all too keen to cash in on the growing demand.

22 April 2025 - GulfCap Investments Bank and real estate equity firm Heri Investments have sealed a Ksh.1.2 billion deal to expand Nova Pioneer schools in Tatu City through a Sharia-compliant financing structure.

22 April 2025 - The CBK said inspections on banks revealed that some were not effecting their risk-based pricing models as agreed, putting them in breach of the Kenyan Banking Sector Charter and regulatory...

22 April 2025 - A depreciating shilling against the pound and the euro means increased earnings for horticultural exports to EU and UK.

22 April 2025 - KNH is the country’s largest public hospital presently, with a bed capacity of 2,400 beds, and serves more than 1.7 million Kenyans every year.

22 April 2025 - Investing in your and your loved ones’ health is more important than wealth because it can lead to loss of life.

22 April 2025 - Growth that once used to be powered by only multinationals has morphed to include more indigenous firms. Kenya now has a healthy mix of multinational, regional, and national brands serving across...

22 April 2025 - Sugar imports under the EAC remission scheme are tightly regulated with those seeking permits being subject to tough measures.

22 April 2025 - Soil health address food security, economic growth, and climate adaptation.

22 April 2025 - Over the years demand has grown, and barbers have now started selling man hair extensions, made from human or synthetic hair.

22 April 2025 - With a number of notable (and sizeable) solar projects on the continent, could this renewable power source be the solution to economic development, job creation and more? In a continent where more than half the population—some 600 million people—live…

22 April 2025 - The pending bills have risen from Sh640.9 billion in 2022 to Sh706 billion by end of 2024, a 10 percent increase despite the existence of the committee.

22 April 2025 - Diesel might not be the fuel most consumers think about daily, but in some African countries, it powers the engines that drive progress.

22 April 2025 - Dr Mugiira was suspended after an ad hoc committee appointed by the board to interrogate an internal audit report on budget implementation for the financial years 2022/2023 and 2023/2024, made...

22 April 2025 - While some African nations continue to rely heavily on coal for both domestic use and exports, others are operating on significantly smaller reserves, or have little to none at all. The Central African Republic has the lowest coal reserves on the…

22 April 2025 - A clear and predictable regulatory framework is essential to attract private investment.

22 April 2025 - Some religions have specific rules regarding the conduct of commerce, and what constitutes acceptable business practices, thus affecting how businesses operate.

22 April 2025 - Nigeria is rapidly establishing itself as Africa’s leading Web3 hub, according to the Nigeria Web3 Landscape Report 2024.

22 April 2025 - NAIROBU, Kenya, April 22 – GulfCap Investments Bank has partnered with real estate equity firm Heri Investments in a Sh2.1 billion sharia-compliant deal aimed at expanding Nova Pioneer’s educational footprint in Kenya. Under the agreement, GulfCap…

22 April 2025 - If you don’t hold the trump cards in life, you end up with a mushy future. A future you have no control over. A despicable way of living. The world is agog with all the terrible things people are saying and doing. Old loyalties are torn apart,…

22 April 2025 -   TOKYO, April 22 (Xinhua) — The Japanese yen surged to the upper 139-yen level against the U.S. dollar in Tokyo’s foreign exchange market on Tuesday, marking its strongest level in about seven months. The rally came as concerns grew over the…

22 April 2025 - A previous study by the Kenya Medical Association found that patients in urban hospitals wait an average of 3 to 6 hours for outpatient services, with consultation times often lasting less than 10 minutes. Antara is helping more Kenyans stay healthier…

22 April 2025 - Nigeria’s oil export revenues may be facing a significant threat as Indonesia, one of its key crude oil importers, plans to substantially increase its energy imports from the United States.

22 April 2025 - As the world navigates yet another chapter of economic uncertainty, typified by increased protectionism and a fresh round of tariff wars, particularly between the United States and China, African countries find themselves at a critical juncture.

22 April 2025 - NAIROBI, Kenya, April 22 – Dr. Jane Kere Imbunya has officially taken over as Principal Secretary for the State Department for Public Service and Human Capital Development, succeeding Amos Gathecha, who now serves as Deputy Head of Public Service. The…

22 April 2025 - Emergency funds and reforms aim to stabilize Mali’s economy after the worst flooding in decades deepens humanitarian crisis. Following extreme flooding in the second half of 2024 that overwhelmed infrastructure, crippled agricultural output and…

22 April 2025 - Topline Russian President Vladimir Putin on Monday said he is open to direct bilateral talks with Ukraine for the first time in three years, while Ukrainian President Volodymyr Zelenskyy pushed for a moratorium on strikes against civilian targets,…

22 April 2025 - This marks the second time in at least a decade that taxes grew at a single-digit rate in the review period.